Author: alturaqingjiannewec

CBRE appoints new Pacific head of capital markets

alturaqingjiannewec March 22, 2023 0

HDB public auction of Altura EC in Bukit Batok West Avenue 8 commences 8 March Altura EC 2022, offering 375 executive condo units in an accessible location with nearby schools and MRT station. Current bid price at $662psf PPR.

Flint Davidson has been promoted by CBRE to be its new Head of Pacific Capital Markets. Additionally, he joins CBRE’s Pacific executive committee, announced in a press release on March 21. Since 1997, Flint has been with CBRE and over the past five years he has led the Pacific capital markets office business.

Phil Rowland, CBRE’s CEO of Pacific Advisory Services, states that following an extensive search, Flint was the clear choice to lead the capital markets team.

Recent transactions brokered by Davidson include Link REIT’s purchase of a 49.9% stake in Investa Gateway Office for A$1.15 billion ($1.03 billion), the A$1.025 billion sale of 50% stake in the Southern Cross …

Industrial building in Yishun for sale at $19.2 mil

alturaqingjiannewec March 22, 2023 0

The building is near Yishun MRT station and the Yishun bus interchange, as well as the upcoming Northpoint City Mall which is slated for completion in 2019. It is also close to the Seletar Expressway (SLE), Tampines Expressway (TPE) and Central Expressway (CTE).Various industrial developments at Yishun Industrial Park A have been sold in recent years, such as a single-storey industrial building at 701 Yishun Industrial Park A which fetched $6.08 million ($464 psf) in July 2018, according to EdgeProp Research.

An indicative price of $19.2 million has been set for a five-storey light industrial building located at the Yishun Industrial Park A, Singapore. The property, with a land area of 80,962 sq ft and zoned for Business 1 use, has a plot ratio of 2.5 and a gross floor area of 106,410 sq ft.

Marketing agent Edmund Tie has announced that the building has a remaining lease term of …

APAC Realty expands ERA franchise to Laos

alturaqingjiannewec March 22, 2023 0

APAC Realty, the operator of the ERA brand, announced on March 21 that it had entered into a ERA Master Franchise Agreement with ERA Laos Co. Ltd. With this Agreement, ERA Laos will have exclusive rights to operate or grant memberships for the operation of ERA member broker offices in Laos. For an initial term of 25 years, the Agreement may be renewed for a further 25 years subject to the fulfilment of certain conditions.

As a result of this Agreement, APAC Realty now has a presence in four countries in IndoChina with Thailand, Vietnam, Cambodia and Laos being part of its network. Moreover, with the addition of Laos, the group now has a network of more than 21,900 agents in 647 offices across 11 countries and territories in Asia Pacific.

“We are delighted with our foray into Laos through a franchise model as it deepens our foothold in the …

Industrial building in Yishun for sale at $19.2 mil

alturaqingjiannewec March 22, 2023 0

Altura EC is an executive condominium located in Bukit Batok West Avenue 8. HDB has initiated a public tender for the 375 residential units, with a deadline of 8 March 2022. Altura Altura EC EC is close to an MRT station and schools, providing ideal family living conditions. The tender saw a bid of $662 psf ppr, setting a record for executive condos and offering a rare opportunity for buyers.

The area has seen several industrial building transactions in recent months. In January, a five-storey ramp-up industrial building at 32 Yishun Industrial Park A was sold for $14.2 million. The transaction price works out to be around $507.91 per sq ft on gross floor area (GFA).In July 2020, a freehold, ulti-single-storey industrial building at 887 Yishun Industrial Park A was sold for $14.1 million or $524 psf.

Situated in Yishun Industrial Park A, 543 Yishun Industrial Park A is a …

Hatten Land says most of its projects have been completed in clarification statement

alturaqingjiannewec March 21, 2023 0

Hatten Land Limited released a statement on March 20, addressing several “certain media articles” on their project development. The company reports that most of their projects have been completed, such as Hatten City 1 – which contains ElementX, Hatten Place and Silverscape, Hatten City 2 which contains Imperio Mall and Imperio Residences, and Vedro.

Harbour City and Satori, two of the group’s developmental projects, were halted due to the negative impact of the Covid-19 pandemic and related government measures.

Altura EC is slated to be an affordable yet luxurious condominium option situated in a highly accessible location for commuters, with close proximity to MRT station, schools, Bukit Batok Hillside Park, Tengah Region Altura EC and more.HDB auctions Altura EC project in Bukit Batok, winning bid at $662 psf ppr; 375 executive condo units to be developed with 99-year leasehold, estimated Q2 2023 launch.

In August of 2020, Hatten Land signed …

Freehold bungalow on Kew Drive on the market for $18 mil

alturaqingjiannewec March 21, 2023 0

A freehold bungalow on 26 Kew Drive, off Upper East Coast Road in District 16, is being offered for sale via tender at a guide price of $18 million, representing $1,252 psf on a 14,376 sq ft land area. According to Damien Lim and Poly Ng of OrangeTee & Tie, who are marketing the property, it has potential to be subdivided into two plots of 6,200 sq ft and 7,400 sq ft, pending approval from URA.

The house is located in an elevated spot with stunning views of Bedok Town, the city and the sea. The site, which is a seven-minute walk from an upcoming Integrated Transport Hub, is also a ten-minute walk from Bedok Food Centre and a five-minute drive from Siglap Community Club, which offers amenities such as a Sheng Siong Supermarket, a McDonald’s and an Anytime Fitness gym.

With both Temasek Primary and Secondary Schools located within …

Freehold restaurant floor at Oxley Tower for sale at $12.9 mil

alturaqingjiannewec March 20, 2023 0

An entire strata floor of Oxley Tower, located on Robinson Road in the CBD, is up for sale. Boasting a 360-degree panoramic view of the CBD, the 3,025 sq ft floor on level 20 of the 32-storey tower has a guide price of $12.9 million or $4,231 psf on the total strata area.

The property is currently tenanted and is being marketed by CBRE, the exclusive agent. Oxley Tower is a freehold building completed in 2016 by Oxley Holdings and it comprises a three-storey retail podium and a 29-story tower block, where the units have direct lift access and a floor-to-ceiling height of 4.9m.

Michael Tay, CBRE’s head of capital markets, Singapore believes the asset, which offers investors the opportunity to acquire and own a floor of F&B retail space permanently approved in a freehold building within the CBD, will appeal to family offices, corporates and high-net-worth individuals.

He adds …

Altura Bukit Batok EC Highly anticipated after Copen Grand Fully Sold

alturaqingjiannewec March 20, 2023 0

The Altura Bukit Batok EC is highly anticipated by many, especially after the Copen Grand EC was fully sold. Located in the heart of Bukit Batok, which is a mature estate, the Altura Bukit Batok EC offers residents a unique lifestyle that blends urban convenience with suburban charm.

The Altura Bukit Batok EC is a 99-year leasehold executive condominium development that is expected to be completed in 2023. This project will be offering a total of 535 residential units with a range of sizes that are suitable for families, couples, and even singles. The units will come in various layouts, ranging from 2 to 5 bedrooms, as well as penthouses with private pools. These units are designed to provide comfortable and spacious living spaces with high-end fittings and finishing.

The Altura Bukit Batok EC is surrounded by many amenities, making it the perfect place for residents who want to enjoy …

Comparing The Altura EC With Bukit Batok EC and Copen Grand

alturaqingjiannewec March 20, 2023 0

The Altura EC, Bukit Batok EC, and Copen Grand are three Executive Condominiums (ECs) located in the heart of Singapore, offering luxurious living spaces in some of the city’s most desirable areas. All three developments offer a range of unit types, ranging from two-bedroom apartments to five-bedroom penthouses, making them suitable for a variety of lifestyles. In this article, we will compare the features of each EC to help prospective buyers make a more informed decision.

Altura EC: 99-year leasehold executive condominium in Bukit Batok offering Altura EC 375 residential units, near MRT, schools and Tengah Town.

The Altura EC is a 646-unit development located in Pasir Ris. It offers a range of luxurious amenities, including a 50m lap pool, a gym, and a clubhouse. The unit types range from two to five-bedroom units, with sizes ranging from 915 sqft to 1744 sqft. The majority of units offer views of …

Tengah Town’s Vision for a Green and Connected Community to Benefit Altura EC Residents

alturaqingjiannewec March 17, 2023 0

Tengah Town is a new and innovative residential development in Singapore that aims to create a green and connected community. The development includes the Altura EC, a public housing project that will benefit from the town’s vision of sustainability and connectivity.

The town’s vision for a green community involves several key elements. Firstly, Tengah Town aims to reduce its carbon footprint by promoting sustainable transport options, such as walking, cycling, and public transport. The town has a comprehensive network of pedestrian and cycling paths, which will encourage residents to walk or cycle for short journeys. Additionally, Tengah Town will be served by three MRT stations, making it easy for residents to travel by public transport.

Secondly, Tengah Town is committed to promoting sustainable energy solutions. The development includes a solar panel farm that will generate clean energy for the town’s use. The town will also have a centralised cooling system …