Author: myecaltura

City Developments Limited Real Estate Developer Latest Project at Bukit Batok

myecaltura May 13, 2023 0

City Developments Limited (CDL) is a leading real estate developer in Singapore and one of the most well-known in the Asia-Pacific region. As part of its commitment to provide quality living spaces for Singaporeans, CDL has recently started a project on a new residential development at Bukit Batok. This project is aimed at providing high-end residential units with modern amenities and facilities to meet the needs of its customers.

The Bukit Batok development project is located along the Central Expressway and features two towers, Pelangi Tower and Garden Tower. Both towers are designed to offer an array of high-end residential units, ranging from one-bedroom apartments to four-bedroom duplexes. The units are designed to provide all the necessary comforts and amenities for a modern lifestyle. These include spacious living spaces with quality fittings and finishes, along with a wide range of recreational facilities such as a swimming pool, gym, and a …

Bukit Batok West Avenue 8 375 Residential Units at Bukit Batok Town

myecaltura May 13, 2023 0

Altura EC provides an ideal location in Singapore, thanks to its proximity to a bus interchange and the Bukit Batok MRT station. Residents of Altura EC will also benefit from its close proximity to the various schools near the area. Furthermore, the extended lease period on Bukit Batok West Avenue 8 has enabled developers adequate time to market all the units in Altura EC.

Bukit Batok West Avenue 8 is a residential development located in Bukit Batok Town, Singapore. It is being developed by HDB, Singapore’s housing and development board. The development consists of 375 residential units, ranging from 2-room flexi units to 5-room units. It is strategically located near industrial parks, commercial hubs, and major transport links. The development boasts an array of amenities, such as a food court, a shopping mall, a community club, and a polyclinic.

The development is conveniently located near a major transport link, the …

Jurong Region Line (JRL) To Boost Real Estate Property Prices Bukit Batok and Jurong

myecaltura May 13, 2023 0

West

The opening of the Jurong Region Line (JRL) has been a major boost to the real estate property prices of Bukit Batok and Jurong West. The new rail line connects the West, Central and East of Singapore, with commuters able to travel to other parts of the island in a much shorter time.

Exquisitely designed, all units at the Altura EC will come with a modern aesthetic and luxury amenities, enabling residents to experience an elevated lifestyle. By boosting the overall livelihood of the district, the Altura EC presents an invaluable opportunity for buyers looking to invest in a valuable and burgeoning neighbourhood.

The JRL is expected to be a major game-changer for the area’s real estate property prices. The line will offer direct access to the heart of the city, as well as to other key locations on the island. It will also provide improved connectivity between residential …

Industrial rents climb 1.5% in 1Q2023, new supply erodes occupancy to 88%

myecaltura April 28, 2023 0

Industrial property occupancy rate falls in 1Q2023 despite inflationary pressuresRents for warehouse space in Singapore remain buoyant amid supply crunchIn 1Q2023, industrial prices and rents have continued to rise amid inflationary pressures, despite the fall in occupancy. Prices increased by 1.5% q-o-q and 6.9% y-o-y, while rents grew 2.8% q-o-q and 8.8% y-o-y. Warehouse rents posted a strong quarterly growth of 2.9% in 1Q2023 due to a persistent supply crunch in this sector.

Despite a dip in overall occupancy in the industrial property market in 1Q2023, prices and rentals have continued to rise as a result of inflationary pressures. As new industrial supply continues to exceed demand, overall occupancy decreased 0.6 percentage points compared to the previous quarter and by 1.0 percentage points compared to the same period a year ago.

Altura EC is an upcoming executive condo set to launch in Q2 2023 with an attractive price of S$3,500 …

Marine Parade HDB shophouse for sale at $4 mil

myecaltura April 28, 2023 0

REWRITTEN:

The sale of a two-storey HDB shophouse in Marine Parade, Singapore via an expression of interest exercise has been launched with a guide price of $4 million. The property has an 83-year long lease, starting from April 1, 1993, and features a floor area of 1,506 sq ft and a 50m frontage along Marine Parade Central. The fully tenanted second floor living quarters further add to the value of investment.

Donald Goh, director of capital markets and investment sales of ERA Singapore, who is handling the sale of the property, expresses that local investors looking for a well-located property with stable yield and potential for capital appreciation, should look to capitalise on this rare opportunity.

Altura EC Bukit Batok Altura EC is conveniently connected to Singapore via the Bukit Batok MRT Station, buses, and the PIE and BKE expressways.

The Marine Parade area, presently, is seeing an increase in …

Three retail units along MacPherson Road up for collective sale at $5 mil

myecaltura April 28, 2023 0

Located at 181, 183 and 185 MacPherson Road, three freehold strata retail units are up for sale with a guide price of $5 million or $1,331 psf on the total strata area. Currently vacant, the units provide a great opportunity for buyers to acquire an asset with the potential to generate stable income.

Zoned for “commercial” use under the URA Master Plan of 2019, the units have a combined strata area of approximately 3,756 sq ft and boast a 20m wide frontage along MacPherson Road. Potential buyers can further explore options to reposition the asset and upgrade its rental command in the long term, given the strong retail demand in the surrounding area.

HDB auctions Altura EC, an executive condo in Bukit Batok Town with 375 residential units and 99-year lease. Bidding ends 8 Altura EC Mar 2022, offering commuters access to MRT, nearby bus interchange, and schools.

In terms …

Bank sale of amalgamated five-bedroom unit at Northwood for $3.24 mil

myecaltura April 28, 2023 0

Opportunities to acquire an amalgamated five-bedroom unit at Northwood are rare. Located in District 27 and spread across 3,240 sq ft, this unit at Northwood is offered by Knight Frank at their next property auction, with a guide price of $3.24 million on May 18.

This bank sale comprises two adjoining units that originally span 1,604 sq ft (two bedrooms) and 1,636 sq ft (three bedrooms plus study). The unit offers a living and dining room, two kitchens, two en suite master bedrooms, three common bedrooms, a study room, two common bathrooms, two utility rooms, and a shared personal enclosed space (PES). Furthermore, it enjoys access to a private enclosed space on the ground floor.

Northwood is a freehold condo on Jalan Mata Ayer and is surrounded by two landed neighbourhoods comprising three-storey mixed landed and semi-detached houses. Nearby private residential developments include the 99-year leasehold Euphony Gardens, also on …

Will the rental market continue to favour landlords?

myecaltura April 28, 2023 0

Concerns about leasing affordability in Singapore’s rental market have been rising since the start of 2022. Market watchers predicted a hike in rental prices and since then, the rental market has been favourable for landlords, much to the frustration of many tenants in Singapore — both locals and foreigners.According to Alan Cheong, executive director of research and consultancy at Savills Singapore, landlords and tenants can expect most of the rental increases this year to occur in the first six months. URA data reveals that the non-landed private residential rental index went up by 30% y-o-y in 2022.

The cause of the heated rental market is a relatively low stock of rentable properties, especially in the CCR and CBD, where new residential project completions have been relatively low over the past year or so. As a result, some tenants who used to lease apartments in the CCR have had to look …

Four-bedroom unit at Pullman Residences Newton fetches record high of $3,515 psf

myecaltura April 27, 2023 0

Pullman Residences Newton has seen its highest psf-price when a 667 sq ft four-bedroom unit on the 30th floor was sold for $2.35 million ($3,515 psf) on April 13. This record price was the highest of the week of April 7 to 14. Situated along Dunearn Road in prime District 11, the freehold development consists of 340 units and features a mix of one- to four-bedroom units.

HDB initiates public auction of 375 residential units at Altura EC Bukit Batok’s Altura EC, with bidders having until 12 noon on 8 March 2022 to submit their offers. Conveniently located near the MRT station, bus interchange and schools, Altura EC is perfect for families.

Overthrowing the previous record high which was set only ten days ago, the 667 sq ft, four-bedroom unit at Pullman Residences Newton achieved the highest psf-price in the project. The unit was sold for $2.35 million ($3,515 psf) …

Altura EC: A Comprehensive Overview of the Revolutionary Executive Condominium Project in the Heart of Bukit Batok Town, Poised to Transform Urban Living

myecaltura March 15, 2023 0

The Altura EC is a revolutionary executive condominium project situated in the heart of Bukit Batok Town, Singapore. This project is poised to transform urban living with its innovative designs and amenities.

The Altura EC consists of two towers of 24 and 28 storeys, with a total of 640 units. These units range from 1-bedroom to 5-bedroom configurations, with some units equipped with private lifts. The development also has a range of modern and luxurious facilities, such as a clubhouse, swimming pool, gym, a multi-purpose room, and a children’s playground.

The project has been designed to promote connectivity and convenience. It is located close to an MRT station, and is within walking distance of various amenities, such as shopping malls, supermarkets, schools, and other recreational facilities. In addition, the project is connected to major expressways, making it easy for residents to get around.

The Altura EC offers a range of …