#Singapore Real Estate Market Growth | Explore Tumblr Posts and Blogs

mariacallous · 1 month

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On an island in the Singapore Strait, a thicket of apartment blocks peers mournfully over the sea. A corps of green-shirted gardeners dutifully tends the lawns and herbaceous borders along the roadside. A few cars slip along smooth roads to a commercial center with gleaming marble floors. Amidst the hundreds of closed shopfronts three restaurants are open—a fried chicken chain, a small café, and a gleaming and empty hot pot restaurant. Five duty-free shops are doing better business; some young men are stocking up on beer and Copper Dog whiskey at 11 a.m.

Welcome to Forest City: planned residents, 700,000; current residents, roughly 9,000. Launched in 2014 as part of China’s Belt and Road Initiative, the mega-project is headed by once-real estate giant Country Garden, a behemoth that now sits on the edge of bankruptcy.

At first glance, the project seems yet another tale of a ghost-city built on the back of a Chinese real estate bubble—and then doomed by the COVID-19 pandemic and economic slowdown. Yet Forest City’s story is also a deeply Malaysian tale, involving property-speculating sultans, nationalist politicians, and the country’s complex relationship with Beijing and its own ethnically Chinese minority.

Building a new city to lodge hundreds of thousands of residents on four new artificial islands in the Singapore Strait was always an ambitious venture. But the main market was not locals, but rather speculative buyers from the People’s Republic of China. When sales opened in December 2015, buyers flooded in, many of them buying “pre-sales” of uncompleted apartments. “You’d have buses coming over from Singapore every day filled with people who just landed,” said Tan Wee Tiam, head of research at KGV International Property Consultants. “There were over 1,000 agents in the sales hall, and it still wasn’t enough. … You felt like you were in China.”

Buyers were often looking for not a permanent residence but an investment that could also be a potential holiday home, or accommodation for children who were headed to study in Singapore. Some were reportedly even offered the opportunity to buy a flat in China and get one free in Forest City, said Christine Li, head of research in the Asia-Pacific for Knight Frank.

Yet this reliance on the Chinese buyers also left the project brutally exposed to changes in Chinese policy. The first blow came in 2017, when the Chinese government suddenly imposed capital controls preventing individuals from moving more than $50,000 out of the country annually. The minimum price of a Forest City apartment sits at around $75,000 and can be as much as $3.5 million. Then came the pandemic years which froze international travel—and stamped hard on Chinese real estate and growth.

Yet, Forest City’s staff seem to be holding out hope. Shane Lim, a hire from Singapore, showed me around and assured me that the place is working to attract buyers from across the world, including the Middle East, Indonesia, and Thailand. Still, he estimated that about 70 percent of his colleagues in the sales team are from China.

Halfway through my tour, a Malaysian man calling himself Ozzy introduced himself and his two wives. Now living in the United States, he’s searching for a place to buy in Malaysia that he can use to visit his daughter in Singapore and rent out when he’s away. Looking around, though, he’s unconvinced.

“Look at how empty this place is,” he said. “I’d only be able to rent it out for one or two months a year. … When I visited in 2018 this place was packed. Now there’s no one here. It’s like it’s haunted.” Lim stared at his shoes until Ozzy moved off. He then firmly assured me that the sales hall is busier on weekends.

A wet Wednesday afternoon might not be a peak sales period, but it is hard to escape the reality that the putative new city is barely lived in. Surveying one of the towers I descend from the 34th floor to the first, looking for signs of occupancy—a pair of shoes at the door, furniture seen through the windows that face the corridor, or even just curtains drawn over said windows. The place is eerily well maintained but empty. Just 25 of the 390 flats show any signs of current occupancy.

I met a single resident, a Malaysian Indian woman who said she lived in Forest City with her husband. Declining to give her name, she informed me a neighboring tower is busier. That would not be hard to believe. Some floors in this tower were completely empty with flats whose doors open to the touch, revealing light-filled marble interiors into which dead leaves have blown. Others had notices of a residents’ meeting dated October 2022 still taped to the door.

According to Li, there are signs that buyers may be slowly coming back. But she also suggested that Country Garden might have aimed too high, used to China’s experience of breakneck speed urbanization, supported by strong government support for infrastructure development. That policy created plenty of “ghost cities” in China itself—but until the recent real estate crisis, also huge profits.

Forest City has also suffered from being a political football since its launch, something Country Garden may well not have anticipated. “I did notice Chinese developers tend not to focus on the political climate,” Li said. “They are not used to the idea of general elections, change of government, and change of policies overnight.”

Despite its vast scale, the first time locals heard about Forest City was in 2014, when fisherman woke up one day to find barges dumping sand off the coast. Newspapers dug into the story, revealing that Country Garden’s main partner was none other than the sultan of Johor state, Ibrahim Ismail.

The tie made sense. Many businesses take on Johor royals as partners, benefiting from the influence they wield in the state. The Malaysian government is also bent on transforming southern Johor into a new economic hub, the Shenzhen to Singapore’s Hong Kong. The city was made a duty-free zone. When further investigations also revealed rushed environmental reviews, it took diplomatic protests from Singapore for the central government to intervene and ensure the proper process was followed.

However, things began to shift when the Malaysian government’s grip on power loosened. Rocked by the world’s largest corruption scandal, the China-linked 1Malaysia Development Berhad, voters turned against it. And at 93 years old, former Malaysian Prime Minister Mahathir Mohamad exited retirement to lead an opposition filled with former opponents, previously imprisoned under his watch, against a government coalition he once led for 22 years.

Forest City became one of Mahathir’s favorite targets. Inveighing against government corruption and waste, he accused the government of planning to sell out Malaysia to foreigners. Most provocatively, he claimed that the thousands of mainly Chinese buyers of Forest City apartments would be allowed to settle, become Malaysian citizens, and vote in its elections. In a country where ethnically Chinese make up 23 percent of the citizenry—and are often stereotyped as wielding undue political influence due to their wealth—the claim was explosive.

After his shock triumph in the 2018 elections, then-Prime Minister Mahathir followed through on his threats declaring that foreigners would not be allowed to buy property in Forest City. Despite legal challenges, the announcement apparently hit Forest City sales hard.

Five years and a series of dizzyingly complex political maneuvers later, the current Malaysian government is led by Prime Minister Anwar Ibrahim. His support is mainly built by ethnic minority-backed parties that triumphed in 2018. To secure his grip on power he needs two things. The first is economic growth. The second is increased support from Malay voters, to which end he has courted the sultans who act as power brokers in their states and take turns acting as Malaysia’s head of state. Perhaps none is more influential than the sultan of Johor, who started his five-year tenure in February this year.

In this context, Anwar seems to have rediscovered the charm of Chinese investment, and Forest City. He has repeatedly praised the Belt and Road Initiative, and in August last year he announced Forest City would be designated a special financial zone with residents offered multiple-entry visas, fast-track entry for those working in Singapore, and a flat income tax rate of 15 percent.

The sultan of Johor has also suggested reviving a proposed high-speed rail link between Malaysia’s capital of Kuala Lumpur and Singapore, with an extra stop at Forest City. And who knows what will happen. After, all the $10.5 billion Melaka Gateway project—launched under the Belt and Road Initiative and apparently scrapped in 2020—is also back underway, after finding new support from the state and federal governments. The developer behind the project recently acquired a major new shareholder, the sultan of Johor.

But the heyday of Chinese investment in Malaysia may well not be coming back. Ten years since China launched the Belt and Road Initiative, it has begun to pull back sharply on its overseas investments. China’s own economic slowdown and business wariness about the increasingly capricious regulatory environment is part of the story. But, the large number of projects gone sour also appears to have made Chinese investors more wary.

Meanwhile, Malaysia is struggling not to get left holding the bag. Should Country Garden go bankrupt, it’s uncertain what will happen to Forest City. At that point the Malaysian government could face the unpalatable option of a potential bailout by the Chinese government, leaving a chunk of Malaysian land in Beijing’s hands. Alternatively, it could step in itself—becoming the proud proprietor of what the developers still proclaim to be “A Prime Model for Future Cities.”

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theresearchblog · 5 months

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Online Recruitment Platform Market Detailed Strategies, Competitive Landscaping and Developments for next 5 years

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data-bridge · 1 year

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Field Force Automation Market Growing Popularity and Growing Traffic Research Report by DBMR

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mysgprop-cstee · 3 days

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Jansen House

Jansen House is a new exclusive residential development by Macly Capital that will offer premium living in the Kovan area, near the upcoming Serangoon North MRT station and various amenities and attractions. Priced To Sell ✔️PROBABLY ONE OF THE LOWEST PRICE•FREEHOLD•NEW LAUNCH YOU CAN FIND‼️ 😱 From💲1️⃣9️⃣4️⃣0️⃣PSF ONLY after EARLY BIRD DISCOUNT OF 1️⃣5️⃣%‼️ Valid Only for units Booked & Sold during Sales Preview !! 2BR 2Bath 721sf from $1.499mil 3BR 1012/ 1033sf from $1.999mmil 4BR 1238/ 1259/ 1335sf from $2.442mil ✔ Exclusive 21 Units of 2BR to 4BR ✔ By Renowned Developers – Macly Capital ✔ Integral to Kovan-Serangoon Growth ✔ Nestled in a tranquil enclave ✔ Proximity to Kovan MRT ✔ Top School within 1KM: CHIJ Our Lady Of Good Counsel and Rosyth School ✔ Near to many eateries, hawker, wet market, supermarket and mall Book Appointment "Jansen House: A Luxurious Haven in the Heart of District 19" Quick LinksBook Appointment Fact Sheet What's Nearby? Unit Mixes/ Diagrammatic Chart Typical Floor Plan Exteriors & InteriorsExteriors & Facilities Interiors Price Guide Payment Terms & Fee Download E-Brochure FAQsWhat’s the land price for Jansen House? Where is the showflat of Jansen House? When is the estimated completion for Jansen House?

Introduction

Discover the allure of Jansen House, an exquisite residential masterpiece gracefully situated at 25 Jansen Road in the coveted District 19, Singapore. Developed by Macly Capital, this prestigious residence spans 16,593 sqft of prime real estate and comprises 12 exclusive units. Boasting a plethora of indoor and outdoor amenities, Jansen House promises a lifestyle of opulence and convenience. Jansen House offers exceptional accessibility with two nearby MRT stations (Kovan & Serangoon) and major expressways, including PIE, KPE, and CTE. This connectivity enhances the overall quality of life for residents. Nestled between Kovan and Serangoon, Jansen House enjoys proximity to captivating events, leisure, shopping, and dining options. Nearby parks, shopping destinations, and a diverse culinary scene contribute to the vibrant atmosphere.

Residents of Jansen House are surrounded by a myriad of amenities catering to their daily needs. Heartland Mall and Nex Shopping Mall provide diverse retail options, while the nearby Market & Food Centre at Kovan offers fresh produce and a vibrant culinary experience. For those with an active lifestyle, Serangoon Sports & Recreation Centre and Hougang Sport Centre are conveniently located, offering recreational facilities and fitness opportunities. Residents can indulge in a harmonious blend of social, recreational, and fitness amenities curated to elevate their modern way of life. Families with young children have access to esteemed schools, including Zhonghua Primary School, CHIJ Our Lady Of Good Counsel, Rosyth School, and Xinmin Primary School, all within a 1 km radius. LIVE Enrich Our Growing Community. LIVE refers to the style of architecture that perfectly blends nature with living. The design focuses on natural wind and air circulation, sunlight through floor-to-ceiling windows, and green areas that give residents the feeling of home in every step of the project. WELL Work-Life Balance WORK signifies easy to work solutions, specifically the project’s co-working space within the premises provides residents with a dedicated area to work or study without having to commute to an external office or library. This convenience can be especially beneficial for remote workers, students, or entrepreneurs living in the condo. LIFE Take Quality of Life to the next level. LIFE focuses on enhancing residents’ quality of life by providing a large common area to meet future living trends and to satisfy the lifestyles of all generations, with facilities such as the fully equippep Gymnasium, Lounge, a Family’s Pool, and swimming pool with a hydrotherapy system. Jansen House is not just a residence; it is a testament to luxury living in a prime location, offering a harmonious blend of sophistication, convenience, and a vibrant community. For those seeking a prestigious address in Kovan, Jansen House beckons as the epitome of refined living. Fact Sheet TypeDescriptionsProject NameJansen HouseDeveloper25 Jansen Road, SingaporeLocation25 Jansen Road, Singapore 548429 (District 19)Tenure999 YearsEstimated Completion2028Site Area16,593 SqftTotal Units21 Units in 1 block of 5 storeys Pool - approx 80 sqm, approx 20m length. Pool Deck, Dining & BBQ Area, Outdoor Shower, Roof Terrace, Play Area, Reading Room 02 Typical Ceiling height: Level 1 = 4.6m; Level 2-4 = 2.8m; Level 5 = 2.8m / 3.6mCar Park Lots18 carpark lots + 1 handicap lot

Macly Capital Pte Ltd, a prominent real estate developer and hospitality group, was established in 1987 by Mr. Herman Chang. The company emerged with a vision to innovate the real estate landscape and deliver projects that set new benchmarks in quality and design. The group quickly gained recognition for pioneering the development of shoebox apartments, a concept that redefined compact and efficient living spaces. This innovative approach marked Macly Capital as a trendsetter in the industry. Over the past three decades, Macly Group has diversified its portfolio, engaging in the development of various property types. The company's extensive repertoire includes apartments, landed properties, mixed developments, condominiums, cluster housing, and commercial projects. Macly Capital has successfully developed and launched more than 40 projects in Singapore, contributing to the city-state's dynamic urban landscape. This impressive track record reflects the company's commitment to excellence, innovation, and meeting the evolving needs of the market. With a focus on creating residential and commercial spaces that resonate with modern lifestyles, Macly Capital has played a crucial role in shaping Singapore's built environment. The company's developments often feature contemporary designs, thoughtful layouts, and amenities that enhance the overall living experience. Macly Capital's proven expertise lies in its ability to adapt to changing market demands, introducing innovative concepts and designs. The company's commitment to quality, creativity, and customer satisfaction has positioned it as a respected and reliable player in the real estate and hospitality industries. With a forward-looking approach, Macly Capital continues to be an influential force in the real estate market, contributing to Singapore's urban development and creating spaces that cater to diverse lifestyles.

Macly Group Track Record

Unique Selling Points

- Prime Location: Nestled between Kovan and Serangoon, with easy access to two MRT stations. - Proven Developer: Macly Capital's 30+ years of experience with over 40 successful projects. - Top-notch Education: Close proximity to acclaimed primary schools within a 1 km radius. - Smart Living: Cutting-edge smart home features for a modern lifestyle. - Thoughtful Design: Three, four, and five-bedroom apartments with meticulous detailing. - Recreational Haven: State-of-the-art amenities including a gym, pool, and tennis court. - Shopping and Dining Ease: Walking distance to Kovan MRT and vibrant shopping districts. - Nature at Your Doorstep: Nearby parks like Boundary Road Park for outdoor activities. - Exceptional Connectivity: Two MRT stations and major expressways for easy travel.

Project Unique Features

The Location

Nestled within the heart of District 19, Jansen House stands as a prime residential haven, strategically positioned between the vibrant neighborhoods of Kovan and Serangoon. A culinary haven just a stone's throw away from Jansen House, Kovan Market & Food Centre presents a vibrant tapestry of local flavors. From hawker delights to delectable treats, residents can explore an array of diverse cuisines, making it the go-to spot for those seeking an authentic gastronomic experience. For a more extensive culinary journey, Nex Shopping Mall, easily accessible from Kovan MRT station, houses a diverse range of dining options. From casual cafes to upscale restaurants, residents can indulge in a gastronomic adventure without venturing far from home.

Situated within walking distance to Kovan MRT station, Jansen House offers residents easy access to nearby shopping malls such as Heartland Mall and Nex Shopping Mall. This proximity ensures a plethora of retail options and a delightful array of culinary experiences in the bustling Kovan district. Residents can fulfill their daily grocery needs with ease, thanks to nearby supermarkets. Chip Huat Farm Product Supermarket and Kim Seah Departmental Store offer a convenient shopping experience, ensuring that residents have access to fresh produce and household essentials just moments away.

Jansen House takes pride in its close proximity to esteemed primary schools, including the renowned CHIJ Our Lady Of Good Counsel and Rosyth School, all within the coveted 1 km radius. This ensures a convenient and enriching educational journey for families with school-going children.

Nearby Green Spaces For nature enthusiasts, nearby parks like Boundary Road Park beckon, offering a tranquil escape and opportunities for outdoor activities. The serene surroundings provide a refreshing contrast to the urban hustle, creating a perfect balance for residents. xxxx

StreetDirectory Map What's Nearby? Trains (MRT) • KOVAN MRT NE13 840m Groceries/ Shopping • ICB Shopping Centre 600m • Upper Serangoon Shopping Centre 750m • Heartland Mall-Kovan 970m Schools • Zhonghua Primary 750m • Chij Our Lady Of Good Counsel (within 1km) • Rosyth School (within 1km)

Site Plan/ Floor Plan

The design concept involves the creation of a modular system, which integrates natural open space modules. These open space modules work in collaboration with the building’s structure to produce a range of distinctive with unique features. The site plan of Jansen House has been thoughtfully designed to make the most of space while preserving a scenic environment that Singaporeans will appreciate. The developer, known for their dedication to creating high-quality properties with top-notch facilities, has poured their expertise into this development. Among the outstanding amenities are a refreshing swimming pool, a well-equipped gym, a community clubhouse, inviting BBQ pits, a playground for the kids, steam room & many more.

Smart Homes Safety and security are a top priority at Jansen House Condo, catering to the peace of mind that local residents value. The development is equipped with comprehensive security features, including 24/7 surveillance, CCTV cameras, access control systems, and intercoms. For those who own cars, a spacious and well-lit parking area is readily available. Additionally, the development embraces modern living with a smart home system, allowing residents to conveniently control lighting, temperature, and security from anywhere in their homes, a feature Singaporeans will find both practical and appealing. Unit Mixes/ Diagrammatic Chart TypeNo. of BedroomNo. of Unitsm²Sq ftA12 bdrm267.0721A22 bdrm167.0721B13 bdrm496.01033B23 bdrm394.01012B2-A3 bdrm194.01012B33 bdrm196.01033C14 bdrm4115.01238C24 bdrm3124.01335C2-A4 bdrm1124.01335C34 bdrm1117.01259 Typical Floor Plan

2BR Type A1 721sf

3BR Type B1 1033sf

3BR Type B2 1012sf

4BR Type C1 1238sf

4BR Type C2 1335sf Exteriors & Interiors With only 12 units, you can truly feel the highest level of privacy. The separation of Active Zone and Private Space offers a sense of connection to the outside world while not lacking a sense of peace and order. A complete Well-Being retreat destination, provides an exhilarating mix of facilities in the vast area. This is a place, where you can always join in the activities with your family.

8 Units Per Floor

Building Design Reenergise your body with our state-of-the art amenities, curated for your preferred activities at various facilities on different levels. Reward yourself with deeper Well-Being. At our swimming pool and jacuzzi, you can let it all go and collect yourself at the same time. While the unblocked view relaxes your mind, leave you feeling invigorating as ever. Exteriors & Facilities

Jansen house Side View

Front View

Garden

Dining

Playground

Pool Interiors

Kitchen

Bedroom

Bathroom

Bedroom

Living Room

Children Room

Study Corner

Bathroom Price Guide ✔️PROBABLY ONE OF THE LOWEST PRICE•FREEHOLD•NEW LAUNCH YOU CAN FIND‼️ 😱 From💲1️⃣9️⃣4️⃣0️⃣PSF ONLY after EARLY BIRD DISCOUNT OF 1️⃣5️⃣%‼️ Valid Only for units Booked & Sold during Sales Preview !! 2BR 2Bath 721sf from $1.499mil 3BR 1012/ 1033sf from $1.999mmil 4BR 1238/ 1259/ 1335sf from $2.442mil Please Contact Us at +65.84188689 It is important to only engage the Official Direct Developer Sales Team to assist you to enjoy the best possible direct developer price. There is no commission required to be paid.

Payment Terms & Fee Standard Progressive Payment: - Booking Fee 5% - Within 8 Weeks, Exercise Sales & Purchase Agreement (S&P), and pay 15% + Stamp Duty + ABSD (if Read the full article

#BoutiqueDevelopments #CondoTOP2028 #District19Property #SingaporeCondoNearGoodSchools #SingaporeFreeholdProperty #SingaporeNewCondo2024

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newcondosg · 4 days

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Exciting Development at The Chuan Park Enbloc 🏢

The transformation of Chuan Park into The Chuan Park represents a significant milestone in the real estate landscape.

With a successful collective sale of $890 million, developers Kingsford and MCC Land are set to create a mega development featuring over 900 units in this prime location beside Lorong Chuan MRT Station.

5 Highlights:

Strategically Located: Enjoy unparalleled convenience being right next to Lorong Chuan MRT Station.

Proximity to Elite Schools: Within 1km radius of renowned schools such as CHIJ Our Lady of Good Counsel, Kuo Chuan Presbyterian, St Gabriel's, and Yangzheng Primary School.

Expansive Growth Potential: Transforming from a 444-unit complex to a sprawling development with over 900 units.

Legal Clarity: High Court's approval ensures transparency and legitimacy in the enbloc sale process.

Luxurious Living: The new project promises modern amenities and lifestyle offerings for residents.

Comprehensive Project Details:

The Chuan Park redevelopment is poised to elevate the living experience in the area with its thoughtfully planned design, premium facilities, and lush green surroundings. Residents can look forward to a harmonious blend of comfort, luxury, and convenience.

Balance Units Chart:

Unit Type Size(sq ft) Price Range 1 Bedroom 500-700 $800k - $1M 2 Bedrooms 700-1000 $1M - $1.5M 3 Bedrooms 1000-1500 $1.5M - $2M Penthouse 2000+ $3M onwards

Location & Nearby Amenities:

Transportation: Seamless connectivity via Lorong Chuan MRT Station for easy commuting.

Schools: Proximity to esteemed educational institutions offering quality learning opportunities.

Recreational Facilities: Close access to parks, shopping centers, and dining options for leisure activities.

Investment Potential Analysis:

The Chuan Park: Investment Potential Analysis

Background and Sale History

Chuan Park, located at Lorong Chuan, was recently sold for S$890 million, 5.11% lower than its reserve price of S$938 million, in a significant en bloc deal brokered by Kingsford Group and MCC Singapore. This sale marks one of the largest transactions since 2019.

Location and Connectivity

Strategically positioned next to Lorong Chuan MRT station, Chuan Park offers easy access to NEX Megamall, Serangoon MRT station, and is near Serangoon Garden. It is also close to various schools within the one-kilometre Home-School Distance (HSD).

Development Potential

With a vast land area of 400,588.7 sq. ft. and a Gross Plot Ratio (GPR) of 2.1, Chuan Park can be redeveloped to a Gross Floor Area (GFA) of 841,236.3 sq. ft., potentially accommodating up to 900 units.

Financial Aspects

The collective sale includes an upgrading premium of S$165 million, translating to around S$1,254 psf for the developers. Owners stand to receive gross proceeds ranging from S$1.16 million to over S$2.5 million.

Market Trends and Developer Reputation

Kingsford Group and MCC Singapore, known for their successful projects, are expected to introduce a new residential concept in District 19 with the Chuan Park development, likely attracting significant interest.

Investment Potential

Capital Growth

Chuan Park's prime location, coupled with its redevelopment potential and the absence of recent condominium launches nearby, could drive capital appreciation.

Rental Yield

Given its proximity to amenities and transportation, Chuan Park's new development may appeal to the rental market, potentially offering favorable rental yields.

Risks and Considerations

Investors should factor in the 99-year leasehold nature of the property and be mindful of market volatility and economic conditions that could impact property values and rental demand.

Conclusion

Chuan Park presents a promising investment opportunity due to its strategic location, redevelopment prospects, and the reputable developers involved. Its proximity to key amenities and transportation networks enhances its appeal for both capital growth and rental yield. However, investors should weigh the leasehold nature of the property and market uncertainties when making investment decisions.

Book Your Showflat Visit Now! 🌟

Don't miss out on the chance to secure your unit at The Chuan Park. Schedule a visit to the showflat today to experience first hand the luxury and sophistication this upcoming condominium has to offer. Contact us ator register your interest online! ✨🔑

#TheChuanPark

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globalempowermentleadership · 6 days

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Dive Deeper: Is Real Estate Going Green? The Shocking Truth (New Video Alert!)

We recently heard some insightful thoughts from David about navigating the promising, yet complex, world of real estate tokenization. Stay tuned for a deeper dive into this fascinating topic!

But before we continue, let's shift gears and explore the potential of tokenization to drive sustainable practices within the real estate industry. Imagine a future where buildings are self-sufficient energy generators, minimize waste, and contribute to a healthier planet! That's the exciting potential of "The Future of Real Estate Tokenization: Driving Sustainability and Innovation," our new video collaboration with Sustainable Investing Digest.

Blockchain Revolution: Invest in Real Estate's Green Future (Watch Now!)

The real estate market is on the verge of a transformation, fueled by the limitless potential of blockchain technology. This revolutionary tech allows anyone to invest in prime real estate, even without a hefty down payment.

Tokenization: Democratizing Sustainable Real Estate Investment

The global blockchain market is booming, projected to reach a staggering $94.0 billion by 2027! [Source: Markets and Markets] This growth is driven by the integration of blockchain across industries, with real estate playing a major role.

Blockchain enables valuable assets like buildings to be digitized and divided into tradable tokens. These tokens represent fractional ownership, opening doors for a wider range of investors to participate in the green real estate market. Gartner, a leading research firm, forecasts the business value generated by blockchain will reach a mind-blowing $3.1 trillion by 2030! [Source: Gartner, Blockchain Business Value, Worldwide, 2017-2030]

Leading the Charge in Sustainable Tokenization:

Countries like the United States, Germany, Switzerland, Singapore, and the United Arab Emirates are at the forefront of this movement. With supportive regulations and thriving ecosystems, these regions are paving the way for sustainable tokenized real estate projects.

Skyline Property Experts: Pioneering Sustainable Transformation

As a leading commercial real estate firm, Skyline Property Experts is actively shaping the future of the industry. Their commitment to innovation is evident in projects like The Crest at Waterford Lakes, where they unlocked ownership opportunities for residents through sustainable condo conversions.

Unlock Your Sustainable Real Estate Dreams with Blockchain

Our new video, "Is Real Estate Going Green? The Shocking Truth" https://youtube.com/shorts/Bpf6FMjMzCE?si=jL7fyyKtC2sQ7au- , dives deeper into this exciting topic in collaboration with Sustainable Investing Digest..

Watch the video: https://youtu.be/-07JnMiR0nQ

Subscribe to Sustainable Investing Digest:

Youtube: https://www.youtube.com/channel/UCaDQoKBNfoGrPuK2lGDb-7w?sub_confirmation=1

Linkedin: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7053058780464345088

#sustainableinvestingdigest skylinepropertyexperts tokenization realestate floridarealestate

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propertypursuit · 10 days

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Unveiling the Best Condo Investments in Singapore: A Comprehensive Guide

In the bustling metropolis of Singapore, where the skyline is adorned with architectural marvels and the real estate market is as dynamic as ever, choosing the right condominium for investment can be a daunting task. With numerous options available, investors often find themselves at a crossroads, pondering over which condo holds the key to lucrative returns. If you're in search of the perfect investment opportunity in Singapore's condo market, you've come to the right place.

When it comes to investing in condos in Singapore, it's crucial to conduct thorough research and analysis to ensure that your investment yields optimal returns. Factors such as location, amenities, developer reputation, and market trends play pivotal roles in determining the potential profitability of a condo investment. In this comprehensive guide, we'll delve into some of the top condo options that stand out for investment purposes in Singapore, catering to various investment preferences and objectives. So, which condo is good for investment in Singapore? Let's explore some promising choices that align with this key question.

1. Marina One Residences

Nestled in the heart of Marina Bay, Marina One Residences stands tall as a symbol of luxury and sophistication. With its prime location in the Central Business District (CBD), this integrated development offers unparalleled connectivity and convenience, making it an attractive choice for investors seeking capital appreciation. The meticulously designed units boast breathtaking views of the city skyline and are equipped with state-of-the-art facilities, including a lush garden oasis and a fitness center. Additionally, Marina One Residences is developed by M+S Pte Ltd, a reputable joint venture between Malaysia's Khazanah Nasional Berhad and Singapore's Temasek Holdings, instilling confidence in investors regarding the project's quality and reliability.

2. The Florence Residences

Situated in the vibrant town of Hougang, The Florence Residences exudes charm and elegance, making it an ideal investment option for those looking for value and growth potential. Boasting a plethora of amenities, including 12 clubs, 128 facilities, and a sprawling landscape inspired by the beauty of Florence, this development offers residents a resort-like living experience. The Florence Residences is developed by Logan Property, a renowned developer with a proven track record of delivering high-quality projects globally. Its strategic location near transportation hubs, reputable schools, and lifestyle destinations further enhances its investment appeal, promising long-term appreciation and rental demand.

3. Treasure at Tampines

As the largest condominium development in Singapore, Treasure at Tampines presents investors with a golden opportunity to tap into the flourishing market of the East. Strategically located in Tampines, a well-established residential enclave with excellent connectivity and amenities, this mega development offers over 2,200 units spread across 29 residential blocks. Developed by Sim Lian Group, a trusted name in the real estate industry, Treasure at Tampines boasts an extensive range of facilities, including 13 pools, a gymnasium, and lush green spaces, catering to the diverse needs of residents. With its competitive pricing and strong rental potential, this development appeals to both seasoned investors and first-time buyers looking to enter the property market.

4. One Pearl Bank

Perched atop Pearl's Hill in the historic Outram-Chinatown district, One Pearl Bank stands as a beacon of modernity and innovation. Designed by renowned architect Serie, this iconic development redefines urban living with its distinctive curved towers and verdant sky bridges, offering residents a unique blend of nature and luxury. Developed by CapitaLand, one of Asia's largest real estate companies, One Pearl Bank embodies excellence in design, sustainability, and community living, setting new standards in the industry. Its proximity to key amenities, heritage sites, and transportation nodes positions it as a prime investment opportunity with promising capital appreciation and rental yields.

Conclusion:

In conclusion, investing in a condominium in Singapore requires careful consideration of various factors to ensure a successful venture. Whether you prioritize location, amenities, developer reputation, or market potential, the aforementioned condo options offer a diverse range of choices to suit your investment objectives. From the prestigious Marina One Residences to the sprawling Treasure at Tampines, each development presents unique opportunities for investors to capitalize on Singapore's thriving real estate market. By conducting thorough research, seeking professional advice, and staying abreast of market trends, you can make informed decisions and unlock the full potential of your condo investment in Singapore. So, which condo is good for investment in Singapore? The answer lies in your investment goals, preferences, and the comprehensive evaluation of the options available. Choose wisely, and embark on a rewarding journey towards financial success in Singapore's vibrant real estate landscape

#which condo is good for investment in singapore #Condo in Singapore

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developerlaunches · 15 days

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The Ultimate Guide to Meyer Blue Condo- Developer Launches.

Meyer Blue Condo is a luxurious condominium situated in the prestigious Meyer Road area of Singapore. Developed by a renowned developer, this project promises a lifestyle of luxury, convenience, and exclusivity.

Location

Located in District 15, Meyer Blue Condo enjoys excellent connectivity to various parts of Singapore. With proximity to East Coast Park, residents can indulge in waterfront living and outdoor activities. Additionally, nearby amenities such as shopping malls, schools, and dining options make it an ideal location for families and professionals alike.

Features and Facilities

Unit Types

Meyer Blue Condo offers a variety of unit types to suit different lifestyles and preferences. From cozy one-bedroom apartments to spacious penthouses, there’s a home for every individual or family. Each unit is thoughtfully designed with modern finishes and functional layouts to maximize space and comfort.

Investment Potential

With its prime location and luxurious amenities, Meyer Blue Condo presents an attractive investment opportunity. The development’s proximity to key amenities and future growth potential make it a desirable choice for investors looking to capitalize on Singapore’s thriving real estate market.

In conclusion, Meyer Blue Condo epitomizes luxury living in one of Singapore’s most coveted neighborhoods. From its prime location to its upscale amenities and investment potential, it offers residents a truly exceptional lifestyle experience. Whether you’re looking for your dream home or a lucrative investment opportunity, Meyer Blue Condo ticks all the boxes.

#meyerparkresidences #meyerparkenbloc #meyerparklaunch #meyerparkuol #meyernewlaunches #developerlaunches #Singapore

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apacbusinesstimes · 23 days

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Adrien Jorge: The Innovator of ‘Proplseller’ Real Estate Company in Singapore

The real estate market in Singapore comprises a diverse range of property types which includes commercial, residential, hospitality, and industrial sectors. Each of these caters to the needs of residential and business properties. It is a small island in Southeast Asia that has fewer or restricted resources of land, hence needs plans and regulatory measures to meet the requirements. Singapore attracted investors and has now become a center for global investing in real estate.

The residential sector of the real estate market in Singapore by 2024 is estimated to be valued at around US$ 1.5tn and the annual growth rate from 2024 to 2028 is projected to be 3.73%. This sector also has a larger contribution to the nation’s economy in the year 2022 the gross domestic product was 17.68 billion Singapore dollars. In this article, we are discussing the company that has established its strong existence in real estate and also about the founder Adrien Jorge who is the mastermind behind this success and his entrepreneurial journey

For more enthusiastic entrepreneurs visit Apac Business Times

Adrien Jorge: Founder & CEO

Adrien Jorge is a Singaporean entrepreneur who is the founder and CEO tech-based real estate company called Propseller, it was established in the year 2018. Mr. Adrien completed his Bachelor of Science degree in political economy from HEC Lausanne and attained a Master of Science in Management from ESSEC Business School. After his graduation, he worked as an associate consultant at OC&C Strategy Consultants for a year. Later he started as a business development manager at Groupon, he was promoted and also served as a general manager.

Adrien had come from a family background where half of them were property agents and that was his initial interest, he also noticed the lack of professionalism in SEA. With this realization along with his business experience and knowledge, he decided to start a business. Before launching his website, he met several agents to learn how to operate a business that had similar operational styles as in the 60’s. Later in the launch, the company encountered 3 leads and one among them wanted to invest, late after a week the revenue was generated for the company.

The challenge encountered was raising funds, investors who had an interest in investing before covid 19, were no longer wanted to invest in other businesses, and that had impacted him post covid 19. He started the company with the mission to offer owners of the property a better solution to sell and rent their property.

About Propseller

Propseller is a Singapore company that is a tech-based real estate agency that aims to provide help in achieving the most current values for your property. They offer you to sell, buy, or rent the property in the most reliable and trustworthy way. They rely on three main things data, transparency, and quality. They will analyze 20+ data checkpoints before assigning you an agent for the right guidance. The pricing and the split are shown to the customers directly without hiding and the major point is the quality assurance for the money paid.

When it comes to charging money and fees, they focus on providing a reasonable price and will charge less than 1% whereas the standard in Singapore is 2%. What differentiates Propeller’s is the use of technology where you can see the status and sales process on your dashboard which helps you monitor 24/7, and access offers anywhere in real-time. They have separate logins and displays for buyers, sellers, and landlords which makes it easy to operate and analyze.

With the utilization of technology, one can see the unique property with cinematic video and reach 100 million buyers. Customers can sell at a higher price and within an average duration of 36 days. In 2023 Popseller was ranked as the top 10th company in Singapore’s fastest-growing companies 2014 by the Straits Times and Statista.

Mr. Adrien with his dedication and business strategy has made Propseller the best property agent service in Singapore. He has made an analysis and rethought the way to modernize selling properties with technology and a strong dedicated team.

Visit More : https://apacbusinesstimes.com/adrien-jorge-the-innovator-of-proplseller-real-estate-company-in-singapore/

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archbali · 26 days

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Sustainable Tourism at Risk Amid Canggu’s Swift Expansion

Once a modest village, Canggu in Bali has transformed into the island's most fashionable travel spot. Initially a magnet for surfers and budget travelers, Canggu now buzzes with a variety of tourism ventures, from charming cafes to opulent hotels. With each passing day, new businesses emerge here.

Yet, this rapid development comes with challenges. The potential for an economic slump is a concern if this growth persists. The proliferation of lodging options, including numerous hotels, villas, and guesthouses, suggests a risk of market flooding. Johannes Weissenbaeck, CEO of the OXO hotel group, observes a significant increase in hotel room availability in Canggu, which could lead to a future excess.

Weissenbaeck points out, "Three years ago, Canggu had 3,800 hotel rooms. Today, it's about 5,200, and next year, it's projected to reach nearly 6,000. That's nearly double in 3-4 years, and it's bound to create problems."

An image of a contemporary, unoccupied hotel room is shown.

There's a clear necessity for strategic, long-range planning in the hospitality industry. While current occupancy levels are satisfactory, Weissenbaeck stresses the importance of forward-thinking to sustain tourist interest. This growth in tourism, especially post-pandemic, has sparked not only interest in temporary accommodations but also in more lasting property investments in Bali, particularly in Canggu.

Weissenbaeck has also noticed a notable trend. Even during the economic downturn caused by the pandemic, Bali's real estate market remained stable, a stark contrast to some Western markets. While tourists might initially benefit from an excess of hotel rooms, it could ultimately harm Bali's tourism industry in the long run.

Weissenbaeck comments, "The rise of remote work allows people to work from virtually anywhere, and Bali, with its lower living costs compared to other cities, is increasingly attractive. Feeder markets like Singapore are taking notice, and the conflict in Russia-Ukraine has also led to an increase in people relocating to Bali."

Tourists in Canggu currently have a vast selection of accommodations, but this could result in higher room rates as developers aim to recoup their investments. If these properties then struggle to keep high occupancy levels, they may have to lower prices to attract more tourists.

This scenario is garnering attention from Bali's tourism industry leaders. Among them is the former deputy governor and current head of the Bali Restaurant and Hotel Association, Cok Ace. He calls for meticulous spatial planning and thorough market analysis before greenlighting further development projects.

A crucial concern among these leaders is maintaining Balinese cultural and architectural traditions in new constructions. This is exemplified by sustainable, locally inspired establishments like Hotel Tugu, Belajar Bali Boutique Hotel & Retreat, and Serenity Eco Guesthouse & Yoga.

#CangguBali #BaliTravelTrends #SustainableTourismBali #DigitalNomadParadise #BaliHotelBoom #CulturalHeritageBali #ExploreCanggu #BaliEcoTravel #BalineseArchitecture #TourismInsightsBali

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therealtorasia · 2 months

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Vietnam’s Real Estate Market: A Beacon of Growth and Foreign Investment

The Vietnamese economy is showing promising signs of growth, with increasing interest from foreign investors in the housing market, as observed by a real estate service firm. According to CBRE Vietnam, the majority of investments have been flowing in from Asian countries such as Singapore, Japan, Hong Kong, and South Korea, with individual transactions ranging from $20 million to $50…

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#Business #Business News #CBRE #housing #real estate #Vietnam #Vietnam Insider

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foxnangelseo · 2 months

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Exploring Lucrative Investment Opportunities in India's Business Park Sector

In a strategic move, CapitaLand Investment Ltd (CLI), a renowned global real estate investment manager, has announced the launch of its ambitious business park development fund in India. The fund, named CapitaLand India Growth Fund 2 (CIGF2), has an impressive target fund size of SGD 525 million, signifying CLI's commitment to tapping into the vast potential of India's premium business park market.

The CIGF2 is designed to invest in Grade A business parks strategically located across major gateway cities in India. This move is set to capitalize on the growing demand for high-quality office spaces in the country's thriving business landscape. CLI's decision to expand its presence in India's real estate sector aligns with its asset-light strategy, where the company aims to foster growth in its funds under management (FUM).

Reiterating its dedication to the project, CLI has already secured SGD 263 million from a global institution, solidifying a 50 percent stake in the fund's initial closing. Furthermore, CLI intends to maintain a 20 percent sponsor stake in the fund, showcasing its commitment and belief in the success of the venture.

This isn't CLI's first foray into India's real estate market. The company previously launched the SGD 300 million Ascendas India Growth Programme, which achieved full commitment and closure in 2015. With this track record, CLI's entry into the business park development fund sector marks a strategic expansion that builds upon its established expertise.

CLI's presence in India's real estate sector extends beyond business parks. The company also manages two logistics private funds, the Ascendas India Logistics Programme and CapitaLand Logistics Fund II, each with a substantial fund size of SGD 400 million. These ventures highlight CLI's versatility in navigating different segments of the Indian real estate market.

As of March 31, 2023, CLI boasts an impressive SGD 4 billion in total assets under management in India. This extensive portfolio includes over 20 IT and business parks, industrial facilities, logistics centers, lodging establishments, and cutting-edge data centers. With a significant foothold in seven major Indian cities, CLI's diverse portfolio underscores its commitment to serving India's evolving real estate needs.

Headquartered and listed in Singapore, CLI's influence extends far beyond its base. The company has firmly established itself as a leading global real estate investment manager, with a particularly robust presence in the dynamic Asian market. This new business park development fund reinforces CLI's dedication to harnessing the immense potential of India's real estate sector while capitalizing on its Asia-centric strategy.

In conclusion, CapitaLand Investment Ltd's launch of the CapitaLand India Growth Fund 2 represents a significant step toward unlocking the investment potential within India's premium business park segment. CLI's proven track record, coupled with its existing assets and strategic partnerships in the country, positions it favorably to capitalize on the burgeoning demand for quality office spaces in India's key cities. As CLI continues to expand its presence and enhance its diverse portfolio, investors have a prime opportunity to tap into India's thriving real estate market through this forward-looking endeavor.

This post was originally published on: Foxnangel

#business expansion in india #business expansion #business growth #CapitalLand #Foreign Direct Investment #Fox&Angel #foxnangel #india #India market entry #IndiaFund #Invest in India #Investment in india #investment opportunities in India

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terencesoondistrict · 2 months

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Navigating the Singapore Property Market - Insights from a Seasoned Expert

Introduction:

Welcome to our comprehensive guide on navigating the dynamic landscape of the Singapore property market. As a seasoned expert with years of experience in the industry, I'm excited to share valuable insights, tips, and strategies to help you make informed decisions whether you're buying, selling, or investing in Singapore's real estate.

Understanding the Singapore Property Market:

Singapore's property market is renowned for its stability, transparency, and resilience. With a well-regulated market and a strong economy, Singapore offers attractive opportunities for both local and international investors. Understanding the factors that drive the market dynamics is crucial for success.

Market Trends and Outlook:

Keeping abreast of the latest market trends and projections is essential for making informed decisions. Despite occasional fluctuations, Singapore's property market has shown remarkable resilience over the years. Factors such as government policies, economic indicators, and global trends play a significant role in shaping the market's direction.

Tips for Buyers:

For aspiring homeowners, navigating the property buying process can be daunting. Whether you're purchasing your first home or upgrading to a new one, here are some essential tips:

Define your budget and prioritize your preferences.

Research the different neighborhoods and their amenities.

Engage a reputable real estate agent to guide you through the process.

Conduct thorough due diligence before making any purchase decision.

Stay updated on government regulations and incentives for homebuyers.

Strategies for Sellers:

Selling a property in Singapore requires careful planning and execution to achieve the best possible outcome. Here are some strategies to consider:

Price your property competitively based on current market conditions.

Enhance your property's curb appeal to attract potential buyers.

Utilize effective marketing channels, including online platforms and social media.

Consider staging your property to showcase its full potential.

Be open to negotiation and flexible with terms to expedite the selling process.

Investment Opportunities:

Singapore's property market offers a myriad of investment opportunities for savvy investors looking to grow their wealth. Whether you're interested in residential, commercial, or industrial properties, here are some key considerations:

Identify emerging growth areas and potential hotspots for investment.

Diversify your investment portfolio to mitigate risks.

Stay informed about market trends and regulatory changes.

Consider long-term capital appreciation and rental yields.

Seek professional advice from experts in property investment.

Conclusion:

Navigating the Singapore property market requires a combination of market knowledge, strategic planning, and prudent decision-making. By staying informed, leveraging expert advice, and adopting a proactive approach, you can maximize your opportunities for success in this dynamic and rewarding market. Whether you're a buyer, seller, or investor, the key is to approach each transaction with diligence and foresight, ultimately leading to a fulfilling and prosperous real estate journey.

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mysgprop-cstee · 5 days

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Jansen House

Jansen House is a new exclusive residential development by Macly Capital that will offer premium living in the Kovan area, near the upcoming Serangoon North MRT station and various amenities and attractions. Priced To Sell ✔️PROBABLY ONE OF THE LOWEST PRICE•FREEHOLD•NEW LAUNCH YOU CAN FIND‼️ 😱 From💲1️⃣9️⃣4️⃣0️⃣PSF ONLY after EARLY BIRD DISCOUNT OF 1️⃣5️⃣%‼️ Valid Only for units Booked & Sold during Sales Preview !! ✔ Exclusive 12 Units ✔ By Renowned Developers – Macly Capital ✔ Integral to Kovan-Serangoon Growth ✔ Nestled in a tranquil enclave ✔ Proximity to Kovan MRT ✔ Top School within 1KM: CHIJ Our Lady Of Good Counsel and Rosyth School ✔ Near to many eateries, hawker, wet market, supermarket and mall Book Appointment "Jansen House: A Luxurious Haven in the Heart of District 19" Quick LinksBook Appointment Fact Sheet What's Nearby? Unit Mixes/ Diagrammatic Chart Typical Floor Plan Exteriors & InteriorsExteriors & Facilities Interiors Price Guide Payment Terms & Fee Download E-Brochure FAQsWhat’s the land price for Jansen House? Where is the showflat of Jansen House? When is the estimated completion for Jansen House?

Introduction

Macly Group Track Record

Unique Selling Points

Project Unique Features

The Location

Site Plan/ Floor Plan

Smart Homes Safety and security are a top priority at Jansen House Condo, catering to the peace of mind that local residents value. The development is equipped with comprehensive security features, including 24/7 surveillance, CCTV cameras, access control systems, and intercoms. For those who own cars, a spacious and well-lit parking area is readily available. Additionally, the development embraces modern living with a smart home system, allowing residents to conveniently control lighting, temperature, and security from anywhere in their homes, a feature Singaporeans will find both practical and appealing. Unit Mixes/ Diagrammatic Chart TypeNo. of BedroomNo. of Unitsm²Sq ftA12 bdrm267.0721A23 bdrm167.0721B13 bdrm496.01033B23 bdrm394.01012B2-A3 bdrm194.01012C14 bdrm4115.01238C24 bdrm3124.01335C2-A4 bdrm1124.01335B34 bdrm195.01023C34 bdrm1117.01259 Typical Floor Plan

Exteriors & Interiors With only 12 units, you can truly feel the highest level of privacy. The separation of Active Zone and Private Space offers a sense of connection to the outside world while not lacking a sense of peace and order. A complete Well-Being retreat destination, provides an exhilarating mix of facilities in the vast area. This is a place, where you can always join in the activities with your family.

8 Units Per Floor

Jansen house Side View

Front View

Garden

Dining

Playground

Pool Interiors

Kitchen

Bedroom

Bathroom

Bedroom

Living Room

Children Room

Study Corner

Bathroom Price Guide ✔️PROBABLY ONE OF THE LOWEST PRICE•FREEHOLD•NEW LAUNCH YOU CAN FIND‼️ 😱 From💲1️⃣9️⃣4️⃣0️⃣PSF ONLY after EARLY BIRD DISCOUNT OF 1️⃣5️⃣%‼️ Valid Only for units Booked & Sold during Sales Preview !! Please Contact Us at +65.84188689 It is important to only engage the Official Direct Developer Sales Team to assist you to enjoy the best possible direct developer price. There is no commission required to be paid.

Payment Terms & Fee Standard Progressive Payment: - Booking Fee 5% - Within 8 Weeks, Exercise Sales & Purchase Agreement (S&P), and pay 15% + Stamp Duty + ABSD (if any) - Balance 80% Based on Progressive Payment Download E-Brochure Get a Copy!

FAQs What’s the land price for Jansen House?$871 psf pprWhere is the showflat of Jansen House?The showflat is located near the actual site. Showflat appointment can be booked via Whatsapp to avoid disappointment.When is the estimated completion for Jansen House?Estimated completion (TOP) date is 2028.

Read the full article

#BoutiqueDevelopments #CondoTOP2028 #District19Property #SingaporeCondoNearGoodSchools #SingaporeFreeholdProperty #SingaporeNewCondo2024

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newcondosg · 4 days

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Dive into Sora: A Gem in Jurong Lake District 🏙️

Sora, the rebranded former Park View Mansions development, stands as a beacon of modern living in the vibrant Jurong Lake District.

Nestled amongst lush greenery and surrounded by key amenities, this project by renowned developers Chip Eng Seng, KSH Holdings, and SingHaiyi Group promises a harmonious blend of comfort and convenience.

5 Highlights of Sora:

Strategic Location: Situated near Lakeside and Chinese Garden MRT stations within the upcoming Jurong Lake District.

Redevelopment Potential: With a gross plot ratio of 2.1, Sora offers extensive opportunities for transformation into a contemporary residential hub.

Luxurious Amenities: Surrounded by shopping malls, healthcare facilities, and an integrated transport hub, ensuring a seamless lifestyle for residents.

Investment Value: Embracing growth opportunities in the bustling Singapore real estate market.

Community Living: Designed to foster a close-knit community within a serene environment.

Comprehensive Project Details

Sora's $260 million acquisition underscores its premium status in the market, boasting a land rate of $1,023 per square foot per plot ratio. The development spans 191,974 square feet with zoning for residential use and a potential yield of 440 units upon redevelopment to an expansive floor area of 403,145 square feet.

Balance Units Chart

Unit Type Size (sq ft) Price

1-Bedroom 500 $700,000

2-Bedroom 800 $1.2M

3-Bedroom 1200 $1.8M

Penthouse 2000 $3M

Location & Nearby Amenities

Sora's prime location offers easy access to regional shopping centers, esteemed schools like Jurong Primary School and Yuan Ching Secondary School, as well as recreational facilities such as Jurong Lake Gardens and Bukit Batok Nature Park.

Investment Potential Analysis

Sora Condo is a 99-year leasehold development in District 22, Singapore. It is a joint venture among CEL Development, Sing-Haiyi Pearl, and TK 189 Development, spanning approximately 17,834.8 sqm with 440 residential units across two 20-storey and two 12-storey blocks. The estimated vacant possession date is in June 2028.

Investment Potential Factors

Strategic Location and Connectivity: Surrounded by four MRT rail networks, including Lakeside MRT station, Sora Condo benefits from improved transportation connectivity with upcoming Jurong Region and Cross Island lines.

Developer Reputation: Backed by reputable developers CEL Development, Sing-Haiyi Pearl, and TK 189 Development, known for their quality projects.

Comprehensive Amenities: Offering over 60 facilities such as a grand moonlight lobby, a 50-meter serenity pool, and Sky 360 (Roof Terraces), catering to diverse lifestyles.

Proximity to Educational Institutions: Close to reputable schools like Canadian International School (Lakeside Campus) and Dulwich College (Singapore), making it attractive for families.

Investment Outlook: Positive outlook due to strategic location, quality construction, and developer reputation, offering potential for value appreciation.

Risks and Considerations

Leasehold Nature: Long-term implications of lease depreciation on property value should be considered.

Market Volatility: Economic factors, interest rate changes, and future developments could impact property values and rental demand.

Pricing Strategy: Investors should monitor market conditions to align pricing with investment goals.

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ama2024 · 2 months

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https://www.advancemarketanalytics.com/reports/16160-global-accounting-software-market-2

What Challenges Accounting Software Market May See in Next 5 Years

Advance Market Analytics released a new market study on Global Accounting Software Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Accounting Software Forecast till 2029*.

Accounting software is a fundamental application that enables an organization to record the flow of money for internal and external review and auditing. It is the primary tool for assessing the financial health of an organization and for meeting legal compliance through tools like general ledgers, purchase orders, account payables & receivables, stock management, and billing.

Key Players included in the Research Coverage of Accounting Software Market are:

Intuit Inc. (United States), Sage Software Inc. (United States), SAP SE (Germany), Oracle Corporation (United States), Microsoft Corporation (United States), Infor Inc. (United States) , Horizon Technology Solutions (India), Zoho Corp (India), FreshBooks (Canada), NetSuite (United States), Deltek (United States),

What's Trending in Market: Users Prefer Cloud-Based Systems to On-Premise

The Adoption of Automation The Era of Millennial Clients

Challenges: Competition is increasing due to Corporate Bookkeeping Firms

Scalability and customization Lack of integrations

Opportunities: The Rising Demand for Accounting Software from the Micro & Small Scale Enterprises

Market Growth Drivers: Increased Efficiency with the use of Accounting Software

Increasing Adoption of Cloud-based Applications Ease of Integration with Existing Software Platforms

The Global Accounting Software Market segments and Market Data Break Down by Type (Billing and invoicing systems, Payroll management systems, Enterprise resource planning systems, Time and expense management systems), Deployment Mode (Cloud-based, On-Premises), Organization Size (Small & Medium Size Enterprise, Large Enterprises), Platform (Windows, Mac, Android, Others), Industry Verticals (BFSI, IT & Telecommunications, Public & Government Sector, Automotive Sector, Retail & Consumer Goods, Oil & Gas, Manufacturing, Healthcare, Construction & Real Estate, Education, Media & Entertainment, Others), Pricing (Monthly Subscription, Annual Subscription, One-Time License)

Get inside Scoop of the report, request for free sample @: https://www.advancemarketanalytics.com/sample-report/16160-global-accounting-software-market-2

To comprehend Global Accounting Software market dynamics in the world mainly, the worldwide Accounting Software market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas.

• North America: United States, Canada, and Mexico.

• South & Central America: Argentina, Chile, Colombia and Brazil.

• Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa.

• Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia.

• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia.

#Accounting Software Market

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