Co Living Brand Coliwoo Launches New Mixed Use Project Old Bukit Timah Fire Station

Coliwoo, a co-living brand under LHN, a real estate management services group, is set to open its latest property in the coming month at the site of the Old Bukit Timah Fire Station. This State-owned heritage property has been transformed into a mixed-use development, featuring a 62-unit co-living residence by Coliwoo, a café and restaurant, and community event spaces. The prime location is situated near Hume MRT Station on the Downtown Line.

According to Kelvin Lim, LHN’s executive chairman and Coliwoo’s founder, the project was made possible by leveraging the company’s expertise in space optimization and building restoration. The Old Bukit Timah Fire Station has been transformed into a unique destination that seamlessly combines co-living, lifestyle, and community into a holistic ecosystem.

The co-living residence offers three types of ensuite rooms, single-, twin-, and queen-studio, each equipped with amenities like a fully-equipped kitchenette and washer-cum-dryer. The interiors of the rooms …

Four Bedroom Strata Landed Unit Watten Hill Nets 338 Mil Profit

The most profitable transaction during the week of Aug 5 to 12 was the sale of a four-bedroom strata landed unit at Watten Hill. The unit, measuring 2,669 sq ft, was sold for $4.7 million ($1,761 psf) on Aug 11. This is more than twice the price the seller paid for it in 2000, when it was purchased for $1.31 million ($491 psf). The record profit of $3.38 million (259%) at the freehold condo translates to an annualised profit of 5.3% over 25 years.

The previous record profit at Watten Hill was set last April, when a 2,626 sq ft, four-bedroom strata landed unit was sold for $4.95 million ($1,885 psf). The unit had been bought for $1.82 million ($693 psf) in 2007, resulting in a profit of $3.13 million (172%) or an annualised profit of 6% over 17 years.

There have been four other profitable resale transactions at Watten …

Asia Pacific Real Estate Marks Turning Point Selective Value Add Opportunities

Sentiment is improving towards real estate as 2025 approaches, marking a turning point for capital values. However, compared to the last cycle, debt and equity liquidity remain subdued, according to a recent investment research report by PGIM Real Estate.

The drop in values, combined with higher interest rates, has created a funding gap for debt, putting stress on existing capital structures.

This presents opportunities for investors to selectively acquire assets below valuation and capture immediate upside. The most attractive opportunities are for assets facing cash flow challenges, such as buildings with short lease expiries or those in need of further capital investment.

For those looking to invest in overseas properties, there are a wide range of projects available for sale around the world.

Low liquidity often leads to mispricing, as seen in the diverging patterns between yields and rental growth. A useful indicator is when the standard deviation of yields …

Commonwealth Towers Sets New Psf Price Record 2536

In the week of August 1 to 8, a three-bedroom unit at Commonwealth Towers was sold for the highest price per square foot (psf) compared to other units in the same development. The 99-year leasehold condo, completed in 2017, reached a psf-price peak of $2,536 on August 6, when a 1,076 sq ft unit on the 43rd floor was sold for $2.73 million. This sale broke the previous record of $2,460 psf, set in December 2024 when a 904 sq ft unit on the 40th floor was sold for $2.22 million.

The record-breaking sale at Commonwealth Towers is a testament to the increasing demand for the development. In terms of absolute price, the most expensive unit sold at the condo was a 1,302 sq ft, four-bedroom unit on the 39th floor that was sold for $2.96 million, equivalent to $2,273 psf, in November 2024.

Singapore’s cityscape is known for its …

Artisan 8 Sees Swift Sales 32 Apartments 63 Shops Sold 25 Hours

When contemplating an investment in a condominium, it is crucial to consider the potential rental yield. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. This factor can greatly impact the profitability of a condo investment in Singapore, as rental yields can vary significantly depending on location, property condition, and market demand. Usually, areas with high rental demand, such as those near business districts or educational institutions, offer better rental yields. It is essential to conduct comprehensive market research and seek guidance from real estate agents to gain valuable insights into the rental potential of a particular condo. Moreover, staying updated on new condo launches can provide further opportunities for investors to explore potential rental yields.

In a span of just 2.5 hours, Apex Asia Management Group announced the successful sale of 11 out of 34 available apartments (or 32.4%) at Artisan 8, …

999 Year Leasehold Serangoon Garden Shophouse Sale 108 Mil

A two-storey commercial shophouse located at 28/28A Maju Avenue in Serangoon Garden, with a 999-year leasehold, has been listed for sale at $10.8 million in an expression of interest (EOI) exercise by PropNex Shophouse Elites, under PropNex Realty.

Sitting on a 1,897 sq ft plot at the junction of Maju Avenue and Portchester Avenue in District 19, the corner property offers a total built-up area of about 3,500 sq ft, including a five-footway and an open terrace.

Based on the asking price, this translates to approximately $3,086 per square foot (psf) on the built-up area. The property will also be sold with vacant possession.

The shophouse is strategically located within an established F&B and retail cluster, surrounded by a low-rise landed estate. It is in close proximity to popular food centres and markets such as Chomp Chomp Food Centre and Serangoon Gardens Market, as well as amenities such as Serangoon …

Prime Claymore Road Bungalow Changes Hands 75 Mil Buyer Eyes Redevelopment Hospitality Use

SINGAPORE (EDGEPROP) – In the prestigious enclave surrounding Ardmore Park, Claymore Road, and Draycott Park — just off Orchard Road — sits a cluster of three bungalows at 9, 11, and 15 Claymore Road. These bungalows are highly sought after, with neighbouring luxury condominiums such as Sculptura Ardmore, The Tate Residences, and The Claymore adding to the exclusivity of the area.

The prospect of investing in a condo in Singapore has garnered much attention from both domestic and international investors, thanks to the country’s prosperous economy, stable political climate, and exceptional quality of life. With a rapidly growing real estate market, Singapore offers an array of opportunities, with condo investments being particularly attractive due to their convenience, amenities, and potential for lucrative returns. In this article, we will delve into the advantages, important factors to consider, and essential steps to take when acquiring a Singapore Condo.

A recent private …

Portfolio 15 Freehold Strata Units East Village Market 718 Mil

A rare opportunity to acquire a portfolio of 15 freehold ground-floor strata units at East Village, a popular mixed-use development situated along Upper Changi Road, is now available. With a guide price of $71.8 million, interested buyers can choose to purchase the units individually or as a whole, according to exclusive marketing agent CBRE.

The portfolio comprises of 11 F&B-approved units, one clinic, and three adjoining units which are currently occupied by a gym. Spanning a total strata area of approximately 17,482 sq ft, the properties are priced at $4,110 psf on strata area. The unit sizes range from 431 sq ft for the smallest F&B unit to 6,985 sq ft for the gym. Citing CBRE, all units are currently leased, providing a steady rental income and potential capital appreciation for potential buyers.

The majority of the units, totaling 12, have frontages facing the main road and feature dedicated entrances, …

Otto Place 91 Sold After Second Timer Balloting Underscoring Ec Market Strength

Hoi Hup Realty and Sunway Developments, the joint developers of Otto Place executive condominium (EC), recently held a balloting exercise for second-time buyers on Tuesday, August 19. The developers reported that a total of 167 units were sold during the event.

Before the balloting, the 600-unit EC project had already sold 351 units during its launch weekend on July 18-19, achieving a take-up rate of 59%. With the additional sales during the exercise, the total number of units sold reached 548 units, representing over 91% of the project’s total units within just one month of its launch. The average price achieved for the units sold is $1,750 per square foot (psf) based on caveats lodged as of date.

When it comes to investing in condos in Singapore, one must also take into account the government’s property cooling measures. In order to maintain a stable real estate market and discourage speculative …

Banyan Group Opens Two New Properties China Track Hit 100 Properties Globally

As it celebrates its 20th anniversary in China, Banyan Group is also expanding its portfolio in the country. The hospitality company has recently opened two new properties in Zhejiang Province, Eastern China – the 222-key Angsana Zhoushan and the 100-key Homm Wenzhou Nanxijiang.

When thinking about investing in a condo, it is crucial to also evaluate the potential rental yield. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, the rental yields for condos can vary significantly, depending on factors such as location, property condition, and market demand. Prime locations, like those near central business districts or prestigious educational institutions, often offer higher rental yields. It is essential to conduct thorough market research and seek guidance from real estate agents to determine the rental potential of a specific condo. Additionally, considering Singapore Projects can also provide valuable insights into the potential …