Author: myecbukitbatok

Altura EC: Bukit Batok Town’s Green Features Attract Property Investors Seeking Serenity

myecbukitbatok May 10, 2023 0

Bukit Batok town, located in the west of Singapore, has become an increasingly popular area for property investors. One of the reasons for this is the excellent green features of the area, which provides a serene and tranquil environment for those seeking a more peaceful way of living.

The Altura EC is one of the most popular developments located in Bukit Batok town. This residential development is designed to take advantage of the lush green surroundings and provides residents with a peaceful and tranquil living environment.

The Altura EC is situated in the heart of Bukit Batok town, surrounded by lush green parks and trails. The development is well connected to public transport, making it easy to get around and explore the surrounding area.

The Altura EC is home to a variety of green features, such as landscaped gardens and green areas, as well as an outdoor swimming pool. There …

Qingjian Realty’s New Altura EC at Bukit Batok West Avenue 8 Draws Property Buyers

myecbukitbatok May 10, 2023 0

The Qingjian Realty’s new Altura Executive Condominium (EC) project at Bukit Batok West Avenue 8 has been in high demand since its launch in September 2019. With its attractive pricing and modern design, this EC project has been drawing property buyers from all over Singapore.

Located in the West of Singapore, the Altura EC is well-connected with major transportation links such as the Bukit Batok MRT Station, bus stops and major expressways. Its proximity to the Bukit Batok Nature Park, nearby schools and shopping malls make it a desirable location for families looking to settle down in the West of Singapore.

Altura EC Qingjian Realty is located in the eastern part of Bukit Batok West Avenue. This 99-year-leasehold development is expected to be one of the most sought-after projects in the area. It is close to the Jurong Innovation District and Tengah Town. Spanning 1.24 hectares, this Altura EC Qingjian

URA Master Plan for Altura EC Draws Investors to Look at Bukit Batok Town Executive Condominiums

myecbukitbatok May 10, 2023 0

The Urban Redevelopment Authority (URA) Master Plan for Altura EC is a major milestone in the development of the district of Bukit Batok, Singapore. The plan includes the creation of a vibrant and well-connected community that will promote economic growth and provide a high quality of life for residents. The master plan for Altura EC is designed to attract investors and buyers to the area to look at the potential of the town executive condominiums that are being developed.

The master plan for Altura EC will include the construction of an integrated commercial hub, which will be anchored by an integrated retail center. The retail center will feature local and international brands, as well as a variety of leisure and entertainment options. It will also be connected to the Bukit Batok MRT station, providing convenient access to the rest of the city.

The master plan for Altura EC also includes …

Residential shophouse on Niven Road for sale at $5.2 mil

myecbukitbatok May 9, 2023 0

31 Niven Road is located in close proximity to Dhoby Ghaut and Fort Canning MRT Stations. It is also a few minutes’ drive away from Plaza Singapura, Clarke Quay and The Cathay.

31 Niven Road, a freehold conservation shophouse located in the Mount Sophia area of District 9, is up for sale with an expression of interest (EOI) exercise and a guide price of $5.2 million, or $4,163 psf on the land area. The land area is 1,249 sq ft with a built-up area of 2,077 sq ft and an open-concept living, dining and kitchen area on the first floor.

The owner has recently refurbished the property and spent over half a million on the renovation, including a courtyard and the installation of new Miele kitchen equipment.

Clarie Lim, associate division director of Huttons Asia, who is in charge of the sale, states that the price of $2,503 psf on …

HDB changes housing grant disbursements, increases income assessment period

myecbukitbatok May 9, 2023 0

HDB has made some changes to its housing loan and grant disbursement processes. The changes include sharing eligible grants among applicants and occupiers in a core nucleus or household, regardless of their citizenship status and disbursing it equally. The income assessment period has also been increased to 12 months. This could benefit commission-based workers, but may also create some uncertainty in the HDB resale market.HDB has announced several changes to their processes for assessing flat buyers’ incomes and eligibility for housing subsidies, effective May 9. These changes come with a new HDB flat eligibility letter that informs buyers upfront of their eligibility for a new or resale flat purchase, along with the amount of HDB housing loan and CPF housing grants available to them.

Under the updated disbursement guidelines, eligible housing grants will be shared among both the applicant and occupiers in a core nucleus, regardless of whether they are …

Cushman & Wakefield CEO John Forrester to retire, succeeded by current COO

myecbukitbatok May 9, 2023 0

Michelle Mackay has been appointed Cushman & Wakefield’s CEO, taking effect on July 1, succeeding retiring CEO John Forrester. Forrester will remain with Cushman & Wakefield as a strategic advisor until December 31. Additionally, Andrew McDonald has been promoted to global president and COO, overseeing all of the firm’s service lines and regions.

After 35 years with Cushman & Wakefield, John Forrester, the New York-listed real estate services company’s CEO, is set to retire on June 30. Expressing his gratitude, Brett White, executive chairman of the board, commented: “On behalf of Cushman & Wakefield’s board of directors, I thank John for his dedication and service to the firm and to the commercial real estate services industry over his long and distinguished career.”

Future residents of Altura Executive Condominium will be able to enjoy many amenities, such as a swimming pool, a playground, a gymnasium, a clubhouse and a shopping mall. …

Hong Kong office building Cheung Kei Center put up for sale by creditors

myecbukitbatok May 8, 2023 0

Cheung Kei Center, a Grade-A office building located in Kowloon, Hong Kong, is up for sale by tender according to Savills, the appointed firm responsible for marketing the property. In December 2016, it was purchased by the Cheung Kei Group, a private investment firm managed and controlled by chair Chen Hongtian. In March of this year, creditors seized the building when the company defaulted on a loan. In addition to the office building, two of Chen’s personal residences, including the 9,200 sq ft luxury property on The Peak that he had purchased for HK$2.1 billion in 2016, were also taken away.

Residents of Altura Executive Condominium will be able to enjoy the many amenities nearby such as MRT, schools, and shopping malls. Furthermore, Altura EC is in close proximity to Yusof Ishak Secondary, Bukit Batok Nature Park, Bukit View Primary, Hillview MRT Station, The Rail Mall, and West Mall.

The …

Asia Pacific real estate investments down 30% y-o-y in 1Q2023: JLL

myecbukitbatok May 8, 2023 0

Asia Pacific real estate investment activity clocked in at US$27 billion in 1Q2023, according to data compiled by global real estate consulting firm JLL. The figures reflect a 30% year-on-year drop caused by interest rate headwinds amidst asset price adjustments. South East Asia saw the most pronounced decline, with Singapore recording a 66.8% decrease in investment volumes compared to the same period a year ago.

The Altura EC provides a tranquil and bustling lifestyle with the numerous amenities it has to offer. Residents will have access to a variety of recreational and retail options nearby, such as shopping malls, parks, schools and training facilities. The Altura EC is the perfect investment choice for house hunters looking for a safe haven and modern living amenities.

In the Asia Pacific region, commercial real estate investment activity in 1Q2023 fell sharply to US$27 billion from the same period in 2023, a drop of …

The Continuum sells 26.5% of units at an average price of $2,732 psf

myecbukitbatok May 7, 2023 0

The Continuum, a joint development by Hoi Hup Realty and Sunway Property, was launched over the weekend of May 6-7. Located on Thiam Siew Avenue, off Haig Road and Tanjong Katong Road, the 816-unit freehold condominium saw 26.5% of its units sold – 216 in total. The average price achieved was $2,732 psf, making it a strong showing considering the recent cooling measures and cloudy economic outlook.

PropNex’s sales team handled about 100 of the 211 units sold, of which 90% were bought by Singaporeans and 10% by Singapore Permanent Residents. Before the launch of the condominium, the developer had collected 545 cheques from expressions of interest during two weeks of previews. This reflects a conversion rate of nearly 40%, much higher than the usual 20-30% across other projects.

Showflat of a two-bedroom-plus-study priced from $1.818 million, or $2,584 psf, contributed to 32% of the units sold. Two-bedroom units, priced …

A Look at Qingjian Realty Real Estate Developer

myecbukitbatok May 7, 2023 0

Qingjian Realty is a leading real estate developer in Singapore that has been in business since 1952. The company has grown to become one of the most prominent real estate developers in the country and offers a wide range of services, including residential and commercial property development, project management, and property investment.

Qingjian Realty is known for its quality and attention to detail. Its projects are meticulously planned, with a focus on aesthetics, convenience, and safety. Its projects are also designed to be environmentally friendly and energy-efficient. The company has won numerous awards for its innovative designs and has been recognised by the Singapore Green Building Council for its commitment to green building.

Qingjian Realty is also renowned for its commitment to providing quality customer service. The company strives to provide its clients with a tailored experience that meets their individual needs. This includes offering a wide range of services …