April 2023 – Condo Move Well Fit

CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price

April 21, 2023 By movewellfit

The manager of CapitaLand Ascendas REIT (CLAR) has recently announced their divestment of the Singapore industrial building KA Place for a consideration of $35.38 million. An April 20th filing by the REIT’s trustee, HSBC Institutional Trust Services (Singapore), revealed that a sale and purchase agreement had been signed to sell KA Place to KA Place SPV 1.

This figure of $35.38 million represents a 219% premium to the purchase price of $11.1 million in March 2005, and a 55% premium to the property’s market valuation of $22.8 million as at December 31st 2022. The building, located at 159 Kampong Ampat, is a seven-storey high-specification industrial building with a second-story carpark, and a total gross floor area of 10,163 sq m, with a remaining land lease tenure of 35 years.

The manager of CLAR has stated that this divestment is part of their proactive asset management strategy aimed at improving the quality of their portfolio, and optimizing returns for unitholders. They further stated that “after careful evaluation, the manager has decided that it is an opportune time to divest the property and redeploy the capital towards value-adding opportunities.”

If the divestment were completed on January 1, 2022, the projected pro-forma impact on CLAR’s net property income (NPI) and distribution per unit (DPU) for the financial year ended December 31, 2022 would be a drop of $0.92 million and 0.005 Singapore cents, respectively.

Net proceeds after divestment costs are fixed at $30.65 million, and CLAR’s manager plans to use these funds to finance committed investments, repay existing debt, extend loans to subsidiaries, fund working capital, or make distributions to unitholders. Using the net proceeds to repay CLAR’s borrowings as at December 31, 2022, their aggregate leverage will be reduced from 36.3% to approximately 36.2%.

The proposed divestment is expected to complete within the second quarter of 2023. At that time, CLAR will own 229 properties, comprising 96 in Singapore, 36 in Australia, 48 in the United States, and 49 in the United Kingdom and Europe.

In accordance with the trust deed dated October 9, 2002 constituting CLAR, the manager is entitled to a divestment fee of 0.5% of the sale consideration of the property, payable in cash.

Units in CapitaLand Ascendas REIT closed at $2.88 on April 20, representing a 3 cent rise, or 1.05%, from the previous day’s closing price.

The proposed divestment of KA Place reflects CLAR’s continued commitment to optimizing returns for their unitholders, and improving their portfolio quality. Assuming completion of the divestment, the net proceeds can be recycled to finance committed investments, and, following repayment of their borrowings, the aggregate leverage will be significantly reduced. Units in CapitaLand Ascendas REIT closed at $2.88 on April 20, a 3 cent rise from the previous day.…

Ascott targets to double fee revenue to over $500 mil in next five years

April 21, 2023 By movewellfit

The lodging business unit of Capitaland Investment’s, The Ascott Limited, has set its sights on doubling its fee revenue to over $500 million over the next five year period. This target is set off the company’s FY2022 fee earnings of $258 million, which is their highest on record so far. Indeed, they reported a 36% year-on-year increase in the same year with their record property openings and signings.

Furthermore, Ascott has achieved their goal of securing 160,000 units by 2023. They recorded 4,000 new unit signings during the first quarter of FY2023.

Through their asset-light strategy, Ascott has doubled its units every five years, expanding from 20,000 units in 2008 to over 160,000 units. This impressive growth is now yielding financial dividends, so the company is leaning on driving even greater fee revenue in the coming five years. With over 80% of its units under management and franchise contracts, up from 43% in 2008, the firm is hopeful of greater success in this regard.

CEO of Ascott and CLI Lodging, Kevin Goh, said: “We will secure more management and franchise contracts for prime properties that generate higher quality fees, and leverage our strong brand equity and direct distribution channels to deliver greater value to property owners and customers.”

To further build upon their success, Ascott plans to expand its product offering which spans serviced residences, hotels, co-living and senior living brands at a low to luxury scale. Their fee revenue growth is expected to be bolstered by new property openings as well as new signings at an estimated 8-10% annual net room growth rate in the coming five years.

As such, the company is well-positioned to achieve its new growth target – all the while delivering more value to both property owners and customers.…

EL Development draws 4,000 at three-day preview of Blossoms By The Park

April 17, 2023 By movewellfit

and Greater Southern Waterfront on EdgeProp.sg
over the past three days, close to 4,000 people have come to view the Blossoms by the Park sales gallery at Slim Barracks Rise in Singapore’s one-north district. This according to Lim Yew Soon, managing director of EL Development, who noted that most of the visitors appear to be locals.

The private condo is composed of 275 premium units, ranging from one to four bedrooms in size. EL Development are hoping their launch on April 29th will be a success and have set prices starting from $1.291 million ($2,352 psf) for the one-bedroom plus study units, $1.499 million ($2,211 psf) for two-bedrooms, $1.585 million ($2,198 psf) for two-bedroom plus study, $2.082 million ($2,276 psf) for three-bedroom dual-key units, $2.279 million ($2,183 psf) for three-bedroom units, $2.921 million ($2,243 psf) for four-bedroom units and $3.335 million ($2,213 psf) for four-bedroom premium units.

Ken Low, managing partner of SRI, the project is estimated to have an average sale price of between $2,350 to $2,400 psf. He believes the project will mainly be of interest to investors because of several attractive factors of the location. Such as a three-minute walk to Buona Vista MRT Interchange Station, a five-minute walk to The Star Vista mall, one-kilometer to Fairfield Methodist School and five-minutes to the Greater Southern Waterfront.

Check out the latest listings near Blossoms by the Park, Slim Barracks Rise, One-North, Buona Vista MRT Interchange Station, Fairfield Methodist School and Greater Southern Waterfront on EdgeProp.sg

Investors, who are potentially interested in the Blossoms By The Park project, may be easily drawn in by the project’s location. Not only does it have great accessibility to the Buona Vista MRT Interchange Station, The Star Vista mall is just a mere five minute walk away. Plus, Fairfield Methodist School and the Greater Southern Waterfront are no longer than a kilometer or five minute walk, respectively.

In conclusion, given the large number of interested viewers over the last three days and the advantages the location offers, EL Developement’s Blossoms by the Park launch looks likely to be successful.…

The Myst Condo Near to National University of Singapore and Bukit Panjang Plaza

April 12, 2023April 12, 2023 By movewellfit

Offering a unique living experience The Myst by CDL is a mid-sized condominium project that delivers an exclusive lifestyle to residents. Premium facilities and amenities are available, including a 50-meter pool, a large clubhouse and tennis courts. The Myst is particularly suited to families with kids as it’s situated close to leading educational institutions such as Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. Not only that, there is easy access to a range of shopping and dining venues, plus childcare facilities and enrichment centers thanks to its vicinity to Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall and the upcoming The Reserve Residence Mall.

The Myst Condo is a bustling locale, home to a variety of schools, commercial establishments, and parks. Close by is the 19-floor Hazel Park condominium building and Tan Chong industrial park. With the Cashew MRT station on Singapore’s Downtown Line only 7 minutes away and the old Bukit Timah railway station within a 13 minute walk, the area is highly accessible to all kinds of public transport networks. The green building features include a solar power system, energy-efficient appliances and lighting, rainwater harvesting system and on-site waste recycling.

The ex-Tan Chong Industrial Park site has been transformed into a sustainable, eco-friendly residential property, featuring smart and green features that make it an ideal choice for those seeking an environmentally responsible home. Its design utilizes resources carefully and efficiently, making it one of the most sustainable housing options in the area. Innovative green building features include a solar power system, energy-efficient lights and appliances, rainwater harvesting system, and on-site waste recycling, all of which combine to make the Myst a cutting-edge residence.

The Myst CDL at Cashew MRT Station is a contemporary luxury condominium situated in the outskirts of Singapore. It is a harmonious blending of modern comfort and luxurious lifestyle, and has been designed with sustainable characteristics to make it the perfect choice for individuals who seek an environmentally-friendly living environment.

In recent years, the city-state has fostered the rejuvenation of the Bukit Timah area through various development plans. These plans, including the Railway Corridor project close to The Myst Condo and the Beauty World rejuvenation strategy, are designed to enhance connectivity and foster the growth of green spaces in the community. The Railway Corridor endeavour intends to turn former rail tracks into a communal space while the Beauty World initiative plans to build an urban village that is abundant with greenery.

Living at The Myst Condo near the Bukit Panjang transport hub affords multigenerational families with convenience and flexibility. Located close to the Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, the large selection of public transport services offers a hassle-free route to all one’s favorite destinations.

King Albert Park MRT Station (OTC) is conveniently located near several well-reputed schools, including Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School and Singapore Korean International School. Therefore, it is an ideal area for families who are looking for quality education opportunities near their home.

The Myst Condo offers its inhabitants an unbeatable level of convenience because of its close proximity to Bukit Panjang Integrated Transport Hub. This hub offers a variety of facilities and amenities, providing a complete package for the condo’s inhabitants.

Situated on the Downtown Line 8 (DT8), Tan Kah Kee MRT (DT8) is conveniently located near many educational institutions. These schools include National Junior College, Hwa Chong Institution, Hwa Chong International School, and Raffles Girls’ Primary School. Allowing for easy access for students travelling to and from school, Tan Kah Kee MRT (DT8) is the perfect station for those living in the vicinity.

The Myst CDL at Bukit Panjang is an amazing residential property that is dedicated to offering sustainable and green living. Nestled in the vibrant city of Singapore and surrounded by a peaceful and lush atmosphere, residents here can enjoy the best of both worlds. It is also a luxurious living space with enough amenities to give its inhabitants the perfect home.

The Downtown Line (DTL) has enhanced connectivity in the Central Business District (CBD) region, making it more expedient to travel from Millenia Walk to Marina Bay Sands and City Hall Fringe. Lately opened, the DTL3 has added a further 21 km to the DTL, creating a direct connection to Tampines Regional Centre and Changi Business Park with no need to catch a bus. Now, the Downtown Line is a sprawling 42 km in length, rendering it the biggest underground railway line in Singapore with no intermediate stations.

Beauty World MRT Station (DT5) is conveniently located close to several educational institutions, including Bukit Timah Primary School, Pei Hwa Presbyterian Primary School and DIMENSIONS International College’s Bukit Timah Campus. This provides great convenience for those commuting to and from these institutions, making their journeys much more efficient.

CDL Aries is looking to take advantage of the development plans for the Upper Bukit Timah area with the potential of a new condominium tower. By acquiring two plots of land for S$126.3 million ($92.5 million), the real estate developer aims to create a highly sought-after residential project for both Singaporeans and investors. This could be the beginning of an exciting new venture for the company.

The Myst is a development that emphasizes sustainability with a variety of unique landscaping features. Its rooftop garden presents residents with the opportunity to enjoy the peacefulness of nature in a serene setting. The garden is filled with an array of lush vegetation, providing a tranquil escape from the hustle and bustle of city life. Furthermore, the garden is outfitted with rainwater harvesting systems, which enable a reduction in water consumption and preservation of resources.

The Myst Condo is situated in the centre of Singapore’s Bukit Panjang, with a short walk to the Bukit Panjang Integrated Transport Hub and Hillion Mall. It is the perfect choice for those in search of an effortless and comfortable place to stay. With its strategic location, occupants at The Myst Condo are able to take advantage of the myriad of conveniences, such as having immediate access to public transportation and being in close proximity to the mall for shopping and dining. All these amenities make The Myst Condo an ideal option for those who prefer a convenient and enjoyable abode.

The majestic Myst of the forest is renowned for its remarkable views, granting visitors a captivating panorama of the surrounding terrain. From the higher levels of the condo, one can take in the sight of the Bukit Timah Nature Reserve, its lush hills and valleys. As far as the eye can see, the vista offers a blissful and calming sensation of serenity and tranquility.

The Sixth Avenue MRT (DT71) is located close to Nanyang Girls’ High School, making it the perfect transit solution for students and faculty. The station is located at Sixth Avenue, in the Bukit Timah area, and is within easy walking distance of the school. With the Sixth Avenue MRT, traveling to and from Nanyang Girls’ High School is made easy and convenient, enabling a pleasant and stress-free commute for all.

The Myst Condo by CDL is the ultimate destination for those seeking luxurious living amid tranquil surroundings. Its close proximity to a variety of nature reserves and parks makes it the ideal place to find the ideal balance between living in an urban space and having an appreciation of the great outdoors. From Bukit Batok Nature Park and Bukit Timah Nature Reserve to MacRitchie Reservoir Park, Singapore Quarry, Singapore Botanic Gardens, Bukit Panjang Park Connector, Bukit Batok Town Park and Bukit Timah Hill Park Connector – all are just minutes away from the condominium.

Bukit Panjang Integrated Transport Hub is the 9th Integrated Transport Hub in Singapore. Accessing the nearby Hillion Mall is effortless for those living in The Myst Condo, situated in close proximity. Education is also showcased with a number of schools located in the immediate vicinity, giving parents the option to choose from De La Salle for those who have young children. Transport options are vast and educational facilities can be easily accessed from The Myst Condo, giving prospective buyers an abundance of choice for academic pursuits. There are also a variety of international schools in the vicinity.

The Myst Condo has been designed to ensure maximum natural light and ventilation. Floor-to-ceiling windows and balconies make it possible to take full advantage of these features. The balcony is an addition to the building and is equipped with a lush garden that allows for panoramic views of the city. This is a great amenity for those who wish to enjoy a breath of fresh air and some of nature’s beauty.

The Bukit Panjang Integrated Transport Hub is just a brief 5-minute walk away from the Myst Condo, making it conveniently accessible. This transport system links up with the Downtown Line and the Bukit Panjang LRT for simple travels around the island. Therefore, inhabitants can take the train to go to the city centre or board the LRT to explore the vicinity. The transport hub also provides a number of bus services that offer inhabitants a convenient way to get to other parts of Singapore.

The Downtown Line (DTL) has revolutionized Singapore’s public transportation system. As the fifth MRT line, it brings unprecedented connectivity to places such as Bukit Panjang, Bukit Timah, and Bedok Reservoir that were not previously served. With 34 stations, the DTL provides commuters with an alternative and convenient way to travel and get around the city with smooth access to the center. Commuters in the Bukit Panjang to Bukit Timah area are able to reduce their journey time into the city by roughly 30%, while those in the east can enjoy a reduction in bus trips and faster trips.

CDL Aries is well-placed, owing to the acquisition of the Upper Bukit Timah site, to reap to the fullest the multiple developments and rejuvenation plans being executed in The Myst Condo locale. Thanks to the prestige and convenience of the surroundings, they will be able to craft a residential project that is sure to be highly desirable to Singaporeans and investors alike. The free shuttle bus is also available for residents of The Myst Condo to the Choa Chu Kang MRT Station. Other connections include the LRT Line, which allows residents to reach the Bukit Panjang Downtown MRT Station directly. Residents of The Myst Condo also have access to the Bukit Panjang LRT which provides easy access to the Bukit Panjang Downtown MRT Station.

Residents of The Myst Condo have a variety of transportation options to choose from. They can take advantage of the nearby MRT stations, bus services, and LRT services. At the Bukit Panjang Bus Interchange, there is an array of buses to choose from. For added convenience, the developer provides a free shuttle bus service to Bukit Panjang Downtown MRT. This shuttle is also available for residents to the Choa Chu Kang MRT Station. Furthermore, there is the LRT Line, which connects the tenants to the Bukit Panjang Downtown MRT Station. Additionally, they can use the Bukit Panjang LRT to access the Bukit Panjang Downtown MRT Station. All these transportation options make it easy for The Myst Condo residents to get around the city.

The Myst Condo provides its residents with a convenient lifestyle, as it is within a 10 minute walk of the nearby MRT stations and several shopping malls. For those looking to dine out, the nearby restaurants and malls offer plenty of options. Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT are all located in close proximity to the condominium. Plus, the developer is even offering a free shuttle bus service to the Bukit Panjang Downtown MRT station for the residents.

The Myst Condo offers its residents numerous amenities and activities. Within a convenient radius of the property, there are a range of shops, eateries, and services that can be accessed on foot. Moreover, situated close by is the Bukit Panjang Plaza, which boasts an array of amenities and entertainment choices. These include the shopping center and cinema, as well as the popular food court.

Newton MRT (DT10) is located close to the Anglo Chinese School (Barker Road). This MRT station is easily accessible from the school, making it a convenient option for students and staff to use. The station is just a short distance away, and the journey can be undertaken on foot. Alternatively, buses are available from the school to the station, making the route easier for those with disabilities or for those carrying heavy loads. The station is serviced by the Downtown Line, providing a fast and efficient connection into the city centre. It is also connected to several bus routes, making it easy for those travelling from further afield to access the station. In addition, the station has a plethora of amenities such as ticketing machines, food and beverage outlets, ATMs and retail shops. All in all, Newton MRT (DT10) is a great option for those travelling to and from the Anglo Chinese School (Barker Road).

Living near a shopping center is a great advantage for the residents of The Myst Condo. The shopping centers near The Myst Condo, such as Bukit Panjang Plaza, Fajar Shopping Centre, Hillion Mall, Junction 10, Bukit Panjang Hawker Centre, Cashew Village, Senja Cashew Community Centre, and Cashew Heights Shopping Centre, provide a wide range of amenities and food selections to meet the needs of the residents. This means that they can easily access a wide variety of products and items which aren’t always available in smaller stores; plus they have more time to spend on the things that are really important. Furthermore, the selection of products available in a shopping center is larger than that of smaller stores – shoppers can find almost anything they need, as well as enjoy discounts, better prices and other benefits.

Shopping centers also offer a fun and convenient experience. By being only a few steps away from one, residents of The Myst Condo can easily find what they need in a short amount of time – so they can go and enjoy other activities, such as a movie or a snack with their friends and family. Therefore, living near to a shopping center is hugely beneficial for the residents of The Myst Condo.

The ideal location of The Myst provides City Developments Ltd with the capability to provide exceptional features for these homes. This unbeatable situation grants homeowners the benefit of living in a highly sought after area, while also enjoying the additional amenities that come with such a remarkable position.

The Myst Condo by CDL is a renowned luxury development situated in the midst of Bukit Timah in Singapore. Set among lush greenery and picturesque nature reserves, The Myst Condo offers the perfect escape for those who wish to get away from the hectic hustle and bustle of city life. Strategically located on Upper Bukit Timah Road, the development is close to the heart of the city and is convenient for commuting.

Botanic Gardens MRT (DT9) is conveniently located close to the National University of Singapore’s Bukit Timah Campus. This station provides easy access to the campus, allowing students, staff and visitors to reach the university with ease.

The Bukit Timah Campus is well-connected to the MRT station, allowing visitors to take advantage of the public transport network to get to and from the university. The train service also serves other nearby attractions such as the Singapore Botanic Garden and the shopping malls in Orchard Road.

This MRT station is an important transportation link for the University as it provides an efficient way for individuals to travel to the Bukit Timah Campus. It is also a great way for those looking to explore the surrounding areas, providing an easy and affordable way to get around the city.

The Botanic Gardens MRT station is an important part of the University’s transportation network, offering convenient access to the Bukit Timah Campus. It is the perfect choice for those looking to explore the University and the nearby attractions in Singapore.

District 23, comprising of Choa Chu Kang, Bukit Batok, Hillview, and Bukit Panjang, is a much sought-after area for potential property buyers and renters. The town, once a kampung, owes its name to the Teochew language word ‘kangchu’, which stands for plantation owners. Nowadays, Choa Chu Kang is a modern neighborhood that boasts good transportation links and two shopping malls, namely Lot One Shoppers’ Mall, close to Choa Chu Kang MRT Station, providing a variety of retail and dining options. Visitors can also admire remnants of the previous fruit tree plantations when taking a walk in Choa Chu Kang Park. Bukit Batok is renowned for its natural attractions such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill, and Little Guilin, similar to the city of Guilin in China, with its towering granite rocks encircled by a lake. For shopping and other amenities, West Mall is the biggest mall in Bukit Batok, featuring a public library, post office, and cinema.

Located just a short 5-minute walk from Hillion Mall, The Myst Condo offers convenient access to a variety of amenities. Hillion Mall is a popular shopping, dining and entertainment destination in Bukit Panjang, and boasts an array of retail stores, food outlets and entertainment options such as a cinema and bowling alley. Residents of this condominium complex can easily reach the mall and all the activities it provides, making The Myst Condo a perfect place to call home.

Residing at Upper Bukit Timah yields a prime location for accessing excellent educational establishments in the neighbourhood. The Cashew MRT station, forming part of the Downtown line, is reachable within a 5-minute walk from the side gate of The Myst. Besides the close proximity of the National University of Singapore, both Ngee Ann Polytechnic and Singapore Polytechnic can be reached by a fifteen-minute bus ride. When hunting for a new residence in the vicinity of prestigious schools, properties between Cashew and Bukit Timah can be thought of as a prime choice. Here are the prominent schools nearby MRT stations in the area

The Myst Condo Upper Bukit Timah Road has taken sustainability into consideration in its landscaping design. For instance, the development features native plants and trees which are drought-tolerant and require minimal maintenance. Furthermore, organic fertilizers and composting systems have been incorporated to reduce the need for chemical fertilizers. Additionally, a water-efficient irrigation system has been implemented, which helps to conserve water consumption.

For those looking to call Bukit Panjang home, The Myst Condo is the perfect choice. Here, families can find a convenient and comfortable living environment with access to plenty of public transportation, shopping, and recreational activities. With all of these options readily available, The Myst Condo presents an ideal opportunity for those seeking a convenient lifestyle in Bukit Panjang.

Hillview MRT (DT3) is located conveniently near two prominent educational institutions, the German European School and St. Francis Methodist School. These two schools offer a great opportunity for students to access quality education in the vicinity of the station. The German European School, in particular, provides a unique international experience for students, with its German curriculum and various international language programs. Meanwhile, St. Francis Methodist School is a renowned secondary school which provides a safe and positive learning environment for its students. Both schools provide convenient access to the Hillview MRT (DT3), enabling students to commute to school easily and consistently.

The Myst of the forest is the ideal hideaway to escape the hustle and bustle of life. Providing breathtaking views, extravagant amenities and facilities, and a sense of tranquillity, it is an oasis of calm for those looking to relax and recharge. Residents of the Myst of the forest have convenient access to the nearby Bukit Timah Nature Reserve, the perfect spot for walking, hiking and admiring nature. Solar panels are installed on the roof, generating enough electricity to power the entire building. Rainwater harvesting and re-use systems are also in place to reduce the amount of water used.

The Myst has been designed with efficiency and sustainability in mind. It features highly efficient air-conditioning systems as well as intelligent lighting and motion sensors to conserve energy. Top-of-the-line appliances that have been designed to use minimal energy are also installed. Double-glazed windows and insulation have been used to minimize heat loss and further increase energy efficiency. In addition, solar panels have been installed on the roof to generate electricity to power the entire building, while rainwater harvesting and re-use systems have been put in place to decrease water consumption.

The Myst Condo is situated in close proximity to an abundance of parks and recreational areas, making it an ideal location for those who love the outdoors. Residents can take in the beauty of Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park, which is home to plenty of trails for walking and cycling, as well as playgrounds and other amenities. Moreover, the nearby Bukit Panjang Swimming Complex Sports Centre provides an Olympic-sized pool for residents to enjoy.

The Myst Condo by CDL offers luxurious living in the form of modern facilities and amenities. Shopping, dining, and entertainment options are just steps away from the residence. Residents can choose to unwind and relax at the gym, swimming pool, Jacuzzi, or yoga pavilion. The children can also enjoy the play area, BBQ pits, and landscaped garden. All these amenities make The Myst Condo a perfect place to live.

The Myst Condo offers unbeatable convenience due to its close proximity to multiple public transportation links. Both Bukit Panjang MRT Station and Hillview MRT Station are within a half-hour walk, while the nearest bus stops are Bef Chestnut Avenue, Bukit Panjang Road, and Upper Bukit Timah Road. Quick access to Orchard Road and the Central Business District are available within 25 minutes.

The Myst Condo is a well-placed property, conveniently located close to a number of healthcare facilities. Residents can simply walk to the Bukit Panjang Polyclinic, which provides a range of medical services. Alternatively, nearby medical amenities such as the National University Hospital, the Sengkang Clinic, and the Tan Tock Seng Hospital are also within reach.

Situated in the proximity of The Myst Condo at Bukit Panjang, the Zhenghua Nature Park is located beside Central Catchment Nature Reserve, acting as a green barrier for the reserve. Bird enthusiast and wildlife admirers should take the opportunity to explore the park as it is home to an array of diverse species of birds, as well as squirrels, monitor lizards and long-tail macaques. You can take a stroll or ride your bike to explore the trails of the park which boast both challenging and gently sloped paths.

The Myst Condo boasts a prime location which offers easy access to the rest of the city-state. Moreover, various amenities are also found within walking distance, making this a real convenience. CDL can also make use of the green spaces and rejuvenation plans in the area to create a residential project that provides a heightened quality of life for the neighbourhood’s residents.

The Myst is a modern luxury condominium offering luxurious living with sustainable features. Residents will enjoy a plethora of landscaping features, including a rooftop garden, energy-efficient lighting systems, solar panels, native plants and trees, organic fertilizers and composting systems, water-efficient irrigation, and recreational facilities. With all these sustainable amenities, The Myst in Bukit Panjang is the perfect choice for those seeking an eco-friendly, green living experience. Residents can also explore the nearby nature trails and forest-covered hills.

The Myst CDL of the forest is designed to bring its inhabitants a sense of luxury and comfort. Featuring modern amenities and facilities, including a swimming pool, gym, tennis court, and clubhouse, this condominium also offers a sky garden, ideal for taking a break and admiring the breathtaking vista of the natural landscape. Residents can take advantage of the nearby trails, as well as trek up forested hills for added exploration and enjoyment.

The Myst Condo, a new residential development in the bustling city-state of Singapore is located right at the heart of Bukit Panjang and Cashew. The project, developed by CDL Aries, an affiliate of the largest non-government-controlled developer in the area, has secured the rights to two adjoining plots at 798 and 800 Upper Bukit Timah Road in northwest Singapore’s Tan Chong industrial park. Spanning 16,620 square metre (178,900 square foot), the project has a plot ratio of 2.1 and is allowed to build up to 24 storeys in height.

The West Region of Singapore, with a surface area of 25,500 hectares, is the country’s largest region. Jurong East is the regional center while Jurong West is the most populous town. It is the home of a number of Singapore’s heavy industry corporations, including global giants like BP, ExxonMobil, DuPont, Mitsui Chemicals, and Shell, mostly in the petrochemical business. The government has plans to further develop the West Region and turn the Jurong Lake District and Jurong Innovation District into Singapore’s second Central Business District. In addition, the Tuas Mega Port, planned for completion in the 2040s, is estimated to become the globe’s biggest single container port, with an annual capacity of 65 million TEUs.

The Myst condominium is set on two adjoining plots of land at 798 and 800 Upper Bukit Timah Road. This residential development occupies a total site area of 179,007 square feet, which makes it an attractive choice for prospective home buyers. On top of that, its proximity to the Cashew Estate gives those who purchase property at the Myst the unique opportunity to live in one of Singapore’s most sought-after Good Class Bungalow Areas (GCBA). The last new launch in the vicinity was the Espa condominium project, which was concluded in 2010.

Situated in a picturesque countryside setting, the Cashew Estate boasts a unique attraction in the form of the Rail Corridor. This lush natural pathway is popular with joggers, nature lovers and cyclists who use it to travel between the former Tanjong Pagar Railway Station and the Kranji MRT Station. For those looking to immerse themselves further in the area’s greenery, The Reserve Residences at Beauty World and The Botany at Dairy Farm have direct access to the Corridor, as well as maps to help guide residents. Located near the Bukit Timah Nature Reserve, residents of the Cashew Estate can live in perfect harmony with their environment, enjoying the tranquil beauty of the outdoors as well as the comfort of modern living.

The Myst Condo by CDL is conveniently located in the vicinity of nature reserves and parks. Situated within walking distance of the renowned Singapore Botanic Gardens and Bukit Timah Nature Reserve, the area is ideal for outdoor activities like hiking, biking, and bird watching. With its nearness to some of the most stunning nature reserves, The Myst Condo by CDL offers the chance to immerse yourself in nature and take in all that the great outdoors has to offer.

The Myst Condo is ideally situated, located close to a range of amenities that make life easier and more enjoyable. Schools in the neighbourhood provide an ideal environment for families seeking a residential location, while medical centres, banks, supermarkets and other essential services are all within easy reach for the convenience of residents.

The Myst Condo by Bukit Timah Road is a highly sought-after residential establishment in Singapore. Nestled amidst a lush, tropical landscape, it boasts stunning views of the surrounding greenery and rolling hills. This lavish condominium offers its occupants a serene atmosphere and a peaceful retreat from the hustle and bustle of the city. It is a perfect urban oasis for those seeking the ultimate in luxury and comfort. With its privileged location and lavish amenities, it is no wonder why this condominium is one of the most coveted residences in Singapore.…

Two adjoining shophouses off Upper Thomson Road for sale at $10.5 mil

April 12, 2023 By movewellfit

An opportunity to invest in a pair of freehold shophouses has been made available in Singapore with an EOI exercise for the properties located at 5 and 7 Jasmine Road, off Upper Thomson Road. The guide price for the two-storey shophouses set at $10.5 million, or $2,665 psf on the floor area.

The properties have a combined floor area of about 3,940 sq ft and a total site area of approximately 3,650 sq ft. As per the 2019 Master Plan, they are zoned for “residential with commercial at 1st storey” use and have a gross plot ratio of 3.0, with a building height control of up to four storeys.

The shophouses are conveniently located, around 50m away from Thomson Plaza shopping mall and adjecent to Adelphi Park Estate, a landed-housing enclave, with access via major roads and expressways such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount Road and the Pan Island Expressway. Moreover, they are just a minute’s walk away from Upper Thomson MRT Station (situated on Thomson-East Coast Line), with Caldecott MRT Station (an interchange with the Circle Line) being just one stop away.

According to Steven Tan, Managing Director of capital markets and investment sales at ERA Realty Network, which is the exclusive marketing agent for the shophouses, the units offer potential for immediate rental income and long term capital appreciation.

The buyer could also consider redeveloping the adjoining shophouses into a four-storey residential building with commercial space on the first storey, subject to the approval of the authorities. It could have a gross floor area of about 10,950 sq ft.

The properties are close to a variety of amenities, including eateries, cafes and prestigious educational institutions, making it a prime location. Moreover, the units are being sold with existing tenancies and on an “as is where is” basis.

The EOI exercise for the two Jasmine Road shophouses will close on May 8th at 3pm.

This is an ideal opportunity for investors looking to purchase a freehold commercial property and for those who are interested in potential redevelopment plans. Considering its accessibility, proximity to amenities and possible redevelopments, buyers can look forward to the potential for high returns in the long run.…

Exploring the Advantages of Living near Bukit Panjang Integrated Transport Hub

April 12, 2023April 12, 2023 By movewellfit

Living near Bukit Panjang Integrated Transport Hub (BPIH) has a multitude of advantages. This hub is located in the western part of Singapore and is an important transportation center for the city. It is well-connected to various other parts of the city such as Jurong East, Bukit Batok, Bukit Timah and other areas. The hub has a wide range of transportation options, including buses, the Downtown Line and the LRT system.

One of the main advantages of living near BPIH is the convenience it offers. Residents can quickly get to their destination via the transportation options available. Additionally, the hub is connected to multiple shopping malls, making it easy for residents to access essential amenities and services. Additionally, many restaurants, cafes and other recreational facilities are located near the hub, providing more convenience and entertainment for residents.

Living near BPIH also provides residents with access to excellent educational facilities. The hub is located near several esteemed schools, such as Bukit Panjang Primary and Secondary Schools, Nanyang Girls’ High School, and Raffles Institution. This makes it easy for parents to send their children to school or for students to attend classes. Furthermore, the hub is also close to many universities, allowing students to commute to classes easily.

Furthermore, living near BPIH also offers access to a wide range of healthcare facilities. The hub is located near multiple hospitals and clinics, making it easy for residents to receive medical care. This can be especially beneficial for elderly residents and those with chronic illnesses, who may require regular medical attention. The hub is also close to multiple parks and recreational facilities, providing residents with access to natural environments and the opportunity to stay active.

Overall, living near Bukit Panjang Integrated Transport Hub offers many advantages. The hub is well-connected to other parts of the city, making it easy for residents to access essential amenities and services. Additionally, living near the hub provides access to excellent educational and healthcare facilities, as well as recreational areas. Thus, living near BPIH can provide a great quality of life for residents.

Living near Bukit Panjang Integrated Transport Hub comes with a wide range of advantages. The hub is one of the most important transport nodes in Singapore, and its proximity to Bukit Panjang can prove to be beneficial for many.

First and foremost, living near Bukit Panjang Integrated Transport Hub allows for easy access to public transportation. This is especially beneficial for those who rely heavily on public transportation for their daily commutes. The hub is connected to the Bukit Panjang LRT, which provides direct and convenient access to other parts of the city. There are also bus services which run through the hub, allowing for greater connectivity.

In addition to this, living near Bukit Panjang Integrated Transport Hub also provides access to a wide range of amenities. The hub is home to numerous restaurants, shops and other services, making it easy to find what you need without having to travel far. There are also several shopping centres located close by, allowing for easy access to a variety of products and services.

Moreover, living near Bukit Panjang Integrated Transport Hub provides a sense of security. The hub is well-lit and well-monitored, making it a safe and secure place to live. This is especially important for those who live alone or with young children.

Finally, living near Bukit Panjang Integrated Transport Hub allows for easy access to educational and recreational facilities. The hub is surrounded by a number of schools, making it easy for students to get to their classes on time. There are also several parks and playgrounds located close by, providing a great environment for leisure activities.

In conclusion, living near Bukit Panjang Integrated Transport Hub comes with numerous advantages. From easy access to public transportation to access to amenities, there is plenty to benefit from. Furthermore, the hub provides a sense of security, as well as easy access to educational and recreational facilities. All in all, living near Bukit Panjang Integrated Transport Hub can be a great choice for many.…

Critically Evaluating Investment Profitability of Bukit Panjang Properties

April 12, 2023April 12, 2023 By movewellfit

The investment profitability of Bukit Panjang properties has been a subject of much debate among investors and real estate experts. Analyzing the potential return on investment for a property in Bukit Panjang requires careful consideration of the current market conditions, the type of property, and its location. This article will provide a critical evaluation of the investment profitability of Bukit Panjang properties.

The key factor to consider when evaluating the investment profitability of Bukit Panjang properties is the current market conditions. The property market in Bukit Panjang has been booming in recent years due to its proximity to the city centre, making it an attractive option for both local and foreign investors. The increasing demand for property in the area has resulted in higher prices, making it a lucrative investment option. However, it is important to consider the current market conditions when assessing the investment profitability of Bukit Panjang properties since the appreciation of property prices is not always guaranteed.

The type of property is also an important factor to consider when assessing the investment profitability of Bukit Panjang properties. The area offers a variety of property types such as landed homes, condominiums, and apartments. Different types of property have different levels of investment profitability. For instance, landed homes tend to have higher appreciation potential than condominiums and apartments due to the higher level of privacy and security it offers.

The location of the property is another important factor when assessing the investment profitability of Bukit Panjang properties. Properties in the area are located close to major amenities such as shopping malls, schools, and public transportation, making them attractive for investors. Furthermore, the area is well-connected to the rest of Singapore, making it an ideal place for those who wish to invest in property for rental income.

Finally, it is also important to consider the taxation system when assessing the investment profitability of Bukit Panjang properties. Singapore has a progressive tax system, meaning that the higher the value of the property, the higher the taxes payable. This should be factored into the overall cost of the property when assessing the potential return on investment.

In conclusion, the investment profitability of Bukit Panjang properties depends on many factors such as the current market conditions, the type of property, its location, and the taxation system. Despite the potential rewards, investors need to carefully consider these factors before making an investment decision.

The Bukit Panjang properties market is one of the most attractive and profitable markets for property investors. Located in the city of Singapore, the area offers a wide range of residential and commercial properties that are attractive to both local and foreign investors. With a population of over two million and a strong economy, Bukit Panjang is an ideal place to invest in properties.

When evaluating the potential profitability of investing in Bukit Panjang properties, it is important to consider several factors. First, the location of the properties is important. Properties located in the city center tend to be more desirable and command higher prices than those located in the suburbs or in rural areas. Additionally, the proximity to public transportation, amenities, and services are important considerations. Properties that are close to public transportation, schools, shopping centers, and other amenities tend to be more desirable and can command higher prices.

Second, the condition of the properties must be evaluated in order to determine their potential for investment. Vacant properties can be attractive for investors looking for quick returns, but in most cases, properties in good condition will be more attractive and have higher potential for long-term profitability.

Third, the local market conditions should also be taken into account. In markets where there is a high demand for properties, the prices of the properties tend to be higher. On the other hand, when the market is saturated with properties, prices tend to be lower.

Finally, the amount of capital available to invest in properties is also an important factor. For investors with limited capital, investing in smaller properties with lower prices might be more attractive than investing in larger, more expensive properties.

By taking into account all of these factors, investors can make an informed decision regarding the potential profitability of investing in Bukit Panjang properties. With careful research, planning, and analysis, investors can make the most of their investments in this attractive and profitable market.…

Comprehensive Analysis: An Investor’s Handbook to Promising Real Estate Projects in Singapore

April 12, 2023April 12, 2023 By movewellfit

Real estate investments in Singapore have always been popular, with the city-state being known as a global hub for financial services, investments and business opportunities. In recent years, the Singapore government has implemented a series of policies and regulations that have made it easier and more attractive for investors to enter the real estate market. This has led to an increase in the number of real estate projects being undertaken in the city-state. As such, it is important for investors to have a comprehensive understanding of the real estate market in Singapore and the various factors that impact it.

The first step in conducting a comprehensive analysis of any real estate project in Singapore is to thoroughly research and understand the market. This includes gathering data on the current state of the real estate market, market trends, pricing and rental rates, as well as any other relevant information. Investors should also consider the macroeconomic factors that can impact the market, including government and monetary policies, foreign exchange rates, and the overall economic outlook.

Investors should also use a variety of tools and techniques to assess any potential real estate project. This includes a detailed analysis of the project’s financial statements, cash flow projections, and other potential risks and opportunities. Investors should also consider the potential for capital appreciation, as well as the possibility of rental yield and other return on investment measures.

In addition, investors should also take into account the various legal and regulatory requirements that may be applicable to the proposed project. This includes understanding the rules and regulations related to zoning, land use, and building safety, among others. Furthermore, investors should also consider the specific requirements of the project, such as the type of building, the number of occupants, and the length of the lease.

Finally, investors should also consider the potential for revenue and profit generated by the project. This includes evaluating the rental income, capital gains, and other income sources. In addition, investors should also consider the potential for capital appreciation and the potential for future returns.

In conclusion, comprehensive analysis is an essential tool for any investor looking to invest in real estate projects in Singapore. By thoroughly researching the market and conducting a detailed analysis of the financial and legal aspects of the project, investors can make more informed decisions and increase their chances of success.

Real estate investment in Singapore is one of the most profitable and popular investments in the city-state. It has been a favorite among investors for many years and continues to remain so due to its potential for high returns and stability. As such, it is important for investors to conduct a comprehensive analysis before committing to a real estate project in Singapore. An investor’s handbook to promising real estate projects in Singapore is a valuable resource for potential investors.

Before investing in any real estate project in Singapore, investors should conduct a thorough financial analysis. Investors should look at the project’s cash flow, capital structure, and risk profile. They should also consider the project’s return on investment (ROI), cost of capital, and other key metrics. This will help them determine if the project is worth the investment.

In addition to financial analysis, investors should also consider the project’s location and amenities. The right location can be a major factor in the success of a real estate project. Investors should research the area’s demographics, infrastructure, and infrastructure development. They should also consider the presence of nearby attractions, such as shopping malls, parks, and public transportation.

It is also important for investors to analyze the project’s legal structure. This includes the title documents, loan documents, and other documents related to the project. Investors should also consider the project’s insurance coverage, zoning regulations, and applicable building codes.

Finally, investors should assess the project’s marketing plan. This includes the project’s promotional materials, website, and social media presence. Investors should also consider the project’s target market, pricing strategy, and marketing budget.

An investor’s handbook to promising real estate projects in Singapore is a valuable resource for potential investors. This guide can help them conduct a comprehensive analysis and make an informed decision. By doing so, investors can maximize their returns and minimize their risks when investing in Singapore’s real estate market.…

Bukit Timah Condominiums: The Ideal Option for Parents Seeking School-Proximate Homes

April 12, 2023April 12, 2023 By movewellfit

Bukit Timah Condominiums is an ideal option for parents seeking homes near schools. Located in Singapore, these condominiums are minutes away from some of Singapore’s top schools, including Raffles Girls Secondary School, Nanyang Girls’ High School, and Hwa Chong Institution.

The condominiums offer a variety of amenities for families to enjoy. The facilities include a clubhouse, swimming pool, gym, jogging track, and children’s playground. There are also tennis courts and a basketball court for those who want to stay active. For parents looking for a place to relax, there are BBQ pits for outdoor gatherings.

In terms of safety and security, Bukit Timah Condominiums is well-secured with 24-hour security and CCTV surveillance. The condominiums also have an intercom system to allow residents to contact the security guards if they ever need assistance. Furthermore, the building management regularly organizes security patrols to ensure that the premises are safe and secure at all times.

The condominiums provide easy access to the world-class institutions and amenities in the city. It is a short drive away from popular shopping malls, restaurants, and entertainment venues. Furthermore, the condominiums are near multiple public transportation options, including bus stops, MRT stations, and expressways.

Bukit Timah Condominiums is also attractive for its low cost of living. The condominiums offer affordable rental rates, making them an ideal option for families on a budget. Additionally, the condominiums are also in close proximity to grocery stores, which makes it easy for parents to do their shopping without having to travel too far.

In conclusion, Bukit Timah Condominiums is the perfect choice for parents seeking school-proximate homes. The condominiums offer a range of amenities and facilities, as well as easy access to the city’s attractions and public transportation. Additionally, the condominiums are very affordable, making them a great option for families on a budget.

Bukit Timah condominiums are a popular residential option for parents looking for school-proximate homes in Singapore. Located near the Bukit Timah Nature Reserve, the condominiums offer a wide range of amenities and facilities that make them an ideal home for parents and their children. The condominiums are surrounded by a wide variety of educational institutions, including primary schools, secondary schools, international schools, and universities. This allows parents to easily access these educational institutions for their children’s schooling needs.

The condominiums are also conveniently located near major shopping malls, restaurants, and other entertainment venues. This makes it easy for parents to find activities for their children during their free time. Additionally, the condominiums have a number of recreational facilities, such as swimming pools and gyms, which are perfect for parents who want to keep their children active and healthy. The condominiums also have secure security systems in place to ensure the safety of residents.

The condominiums are well-maintained and offer a comfortable living environment for families. Many of the condominiums have been recently renovated, which enhances their appeal. Furthermore, the condominiums are designed with family-friendly features, such as playgrounds and a variety of community events. This allows parents to socialize with other families in the area and get to know their neighbors better.

The Bukit Timah condominiums provide parents with an ideal option for finding a home close to schools and other amenities. The condominiums are well-maintained and offer a comfortable environment for families. Additionally, the condominiums are surrounded by a wide variety of educational institutions, shopping malls, restaurants, and entertainment venues, making it easy for parents to find activities for their children during their free time. Furthermore, the condominiums have secure security systems in place to ensure the safety of residents. For these reasons, Bukit Timah condominiums are the ideal option for parents seeking school-proximate homes.…

Maximizing Returns through Emerging Real Estate Projects in West Singapore

April 12, 2023April 12, 2023 By movewellfit

Singapore is a bustling metropolis that is home to a diverse range of businesses and financial opportunities. Real estate investments have long been a popular option for those looking to make a sound financial decision. The West side of Singapore is an area that is known for its dynamic, up-and-coming real estate projects. By investing in these areas, it is possible to maximize returns and benefit from the growth of the region.

The real estate market in West Singapore is highly diverse, offering a variety of options from residential to commercial, from luxury to affordable housing. Investments can be made in both new and existing projects, providing the perfect opportunity for investors to maximize returns. In addition, there are numerous tax incentives for those who invest in these areas. This makes it an attractive option for those seeking to maximize their returns.

One way to maximize returns through emerging real estate projects in West Singapore is to invest in both short-term and long-term projects. By investing in short-term projects, investors can benefit from the immediate growth potential of the area and maximize returns, while at the same time, long-term projects provide a more stable return. As well, investors can diversify their portfolios by looking into a variety of real estate opportunities. This way, they can spread their investments across different areas, thus reducing the risks associated with any single investment.

Investors who are looking to maximize returns should also consider the location of their investments. West Singapore is known for its vibrancy, offering a wealth of entertainment and cultural opportunities. This can be a great advantage for those looking to invest in residential properties, as people are drawn to the area for its unique attractions. Furthermore, the area is also home to many business and commercial hubs, providing investors with a range of different options.

Finally, investors looking to maximize returns should also consider the development of the area. In recent years, West Singapore has seen a dramatic increase in infrastructure development, with the opening of various modern amenities. This provides investors with the opportunity to capitalize on the growing demand for housing and commercial properties. By investing in these areas, investors can take advantage of the growth potential, while also benefiting from the convenience and amenities that the area offers.

In conclusion, the West side of Singapore is a great place to invest in real estate projects. By taking advantage of the diverse range of investment options, tax incentives, and infrastructure developments, investors can maximize their returns. As well, by diversifying their portfolios, they can reduce their risks and ensure that their investments are sound. Ultimately, by taking the time to research and analyze the different opportunities available, investors can maximize their returns and benefit from the growth of the region.

Real estate is an ever-evolving industry. With the emergence of new projects in West Singapore, investors have been presented with a unique opportunity to maximize their returns. This area of Singapore has seen an influx of investment from both domestic and international investors, particularly due to its growing population, proximity to the city centre, and an abundance of amenities.

The first step in maximizing returns from emerging real estate projects in West Singapore is to identify potential projects. Investors should consider projects that have a high potential for appreciation, such as those that are located near business hubs and other commercial developments. Additionally, investors should look for projects that are well-managed by experienced developers or teams. These projects should have a clear timeline of completion and should be within the investor’s budget.

The next step is to do due diligence. Investors should research the project’s location, size, and other factors to ensure they are making an informed decision. Additionally, investors should research the developer’s track record and read reviews from other investors.

Once investors have identified a potential project, they should negotiate the best possible terms. This includes the purchase price, the size of the property, and the payment terms. It is also important to factor in the cost of the necessary repairs, maintenance, and renovations.

Finally, investors should consider the potential for rental income. West Singapore is home to many businesses, which means there is potential for investors to earn rental income from their investments. Investors should factor in the potential rental income when calculating their returns.

Investors who are looking to maximize their returns from emerging real estate projects in West Singapore should carefully consider their options. By researching potential projects, doing their due diligence, negotiating the best terms, and considering the potential for rental income, investors can maximize their returns. By doing so, investors can take advantage of the unique opportunities presented by this area of Singapore without taking on too much risk.…