Hong Kong’s Shui On Land forms JV for Shanghai redevelopment project

Shui On Land, a Hong Kong-listed property company, has announced that its subsidiary Shanghai Ruilou Enterprise Management has formed a joint venture with state-owned enterprise Shanghai Pucheng. The joint venture is for the purpose of executing a redevelopment project at Pujiang Town, in the Minhang district of Shanghai, China.The project will revamp the ancient Zhaojia Lou Town which is already recognised with a AAAA tourist attraction status by Chinese authorities. This is due to the area’s canals, water towns, and 500,000 annual tourists. Moreover, the area is accessible to two subway lines and flanked by the Shanghai Shenjiahu Expressway and the Shanghai North-South Elevated Road.The joint venture between Shui On Land and Shanghai Pucheng will handle the redevelopment of the land parcels located in Pujiang Town. The area stretches from Jiageng Road to the east, Yaojia Bang to the south, Huichi Road to the west and Xiaoyan Lake to the …

Five-bedder at Parc Stevens sold for $2.65 mil profit

A lucrative transaction can be seen at Parc Stevens, a condo on Stevens Drive in District 10. A first-floor unit was sold at a whopping $7.86 million ($2,265 psf) on April 10, after originally being purchased in April 2007 for $5.2 million ($1,500 psf). This reaped a profit of $2.65 million (51%) after a 16-year holding period. It marked the highest psf-price ever recorded at the development and the first unit to change hands this year.

The second most profitable transaction of the week occurred at Yong An Park, a freehold condo in the River Valley area. The 4-bedroom unit of 3,434 sq ft on the 10th floor was sold for $8.1 million ($2,359 psf) on April 6, after having been bought for $6.02 million ($1,753 psf) 11 years prior. This brought a gain of $2.08 million (35%).

However, the most unprofitable deal was seen at Marina Bay Suites, a …

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

and more — on EdgeProp.sgSince its sales gallery opened on April 14, Blossoms By The Park has seen 4,000 visitors over the three days. According to Lim Yew Soon, managing director of EL Development, most of them appear to be locals.Set to launch on April 29, the private condo offers a mix of one- to four-bedroom premium units. Prices range from $1.291 million ($2,352 psf) for a one-bedroom plus study, $1.499 million ($2,211 psf) for a two-bedroom, $1.585 million ($2,198 psf) for a two-bedroom plus study, $2.082 million ($2,276 psf) for a three-bedroom dual-key, $2.279 million ($2,183 psf) for a three-bedroom, $2.921 million ($2,243 psf) for a four-bedroom, and $3.335 million ($2,213 psf) for a four-bedroom premium. SRI’s managing partner Ken Low estimates that the average sale price of the condo will be in the range of $2,350 to $2,400 psf.

The private condo Blossoms By The Park is located …

The Myst at Upper Bukit Timah Cashew MRT Station Downtown Line Near to Ngee Ann Polytechnic

The Myst at Upper Bukit Timah Cashew MRT Station Downtown Line Near to Ngee Ann Polytechnic

Residents of The Myst at Upper Bukit Timah will be delighted at the prime location they have to access some of the top educational institutions in the area. Just a 5-minute walk away is the Cashew MRT station in the Downtown line. There, local students will be able to take advantage of the proximity to the National University of Singapore, as well as Ngee Ann Polytechnic and Singapore Polytechnic both of which are reached in about 15 minutes by bus. If you’re looking for a home near some great schools, properties in the Cashew to Bukit Timah area should be a great option. Below are some of the more notable schools near the MRT stations in the area

The Myst Condo offers plenty of amenities to its residents, including a 10-minute walk to the closest MRT station and multiple shopping malls. If you’re looking for a night out, there are …

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

Two adjoining freehold shophouses at 5 and 7 Jasmine Road, off Upper Thomson Road have been listed for sale via expression of interest (EOI) with a guide price of $10.5 million, or $2,665 psf on the floor area.

The two-storey buildings have a total site area of approximately 3,650 sq ft, and a combined floor area of around 3,940 sq ft. Located near popular eateries and cafes along Upper Thomson Road, Sin Ming Plaza, and Junction 8 shopping mall, the shophouses are close to prestigious schools such as Ai Tong School, Catholic High School, CHIJ St Nicholas Girls’ School, Marymount Convent School, and Whitley Secondary School.

Accessibility is easy, with the properties just a minute’s walk away from Upper Thomson MRT Station (situated on Thomson-East Coast Line), while Caldecott MRT Station (an interchange with the Circle Line) is one stop away. Furthermore, they are located close to major roads and …

Exploring the Advantages and Benefits of Living Near Bukit Panjang Integrated Transport Hub

Bukit Panjang Integrated Transport Hub is a modern and highly efficient transport hub located in the Bukit Panjang area of Singapore. It is one of the most important transit points in the city and is serviced by a wide range of public transportation modes, including buses, trains, and taxis. The hub is also a major tourist attraction, as it offers a wide variety of services and amenities for visitors.

Living near the Bukit Panjang Integrated Transport Hub offers a number of advantages and benefits. Firstly, it provides easy access to various public transportation options. Residents can easily take buses, trains, and taxis from the hub to travel to nearby locations. This makes the location ideal for those who want to commute to work, school, or other places. Furthermore, the hub is connected to the MRT network, making it easier to transfer to other parts of the city.

Secondly, living near …

Critically Reviewing the Investment Profitability of Properties in Bukit Panjang

Investing in properties in Bukit Panjang is a popular investment option for many Singaporeans. Bukit Panjang is a residential town located in the western part of Singapore, adjacent to the Central Catchment Nature Reserve. It is well known for being a relatively affordable housing option, with an increasing number of investors looking to capitalize on the potential of this growing area.

When it comes to property investment in Bukit Panjang, it is important to consider a few factors before making any decisions. The first factor to consider is the location of the property. Properties located near amenities such as shopping malls, public transport, and schools can often be more desirable for potential tenants and buyers, resulting in higher rental yields and capital appreciation. In addition, it is important to look at the market conditions in Bukit Panjang, as prices can vary greatly depending on the current market situation.

In terms …

Singapore Real Estate: A Comprehensive Analysis of Promising Projects for Investors

Singapore real estate has become a major investment destination over the past few years. The city-state is known for its strong fundamentals, modern infrastructure, and strategic location. Singapore is one of the most attractive real estate markets in Asia, and it has been attracting a lot of interest from investors. The Singapore real estate market offers ample opportunities for investors, whether they are looking for long-term investments or short-term speculative opportunities.

Singapore real estate offers investors a wide range of investment opportunities. It is home to a wide variety of residential, commercial, and industrial properties, as well as development projects. Investors can choose from a variety of projects, ranging from luxury apartments to condominiums and commercial buildings. As the real estate market in Singapore is continuously growing, investors have the opportunity to capitalize on the potential of the market.

When investing in Singapore real estate, investors should consider the potential …

Ideal Homes for Parents: Bukit Timah Condominiums in Close Proximity to Schools

Bukit Timah Condominiums is an ideal living environment for parents who want to live close to schools for their children. Located in the heart of Singapore, these condominiums offer an excellent location for families looking to be close to nearby schools and other amenities. The condominiums are developed with modern amenities and facilities that provide a comfortable living environment for parents and their children.

The condominiums are designed with spacious and comfortable apartments that are perfect for families. They come with balconies and terraces which offer great views of the surrounding area and are perfect for relaxing in the evenings. The living spaces are also designed to be airy and well-ventilated, providing a comfortable living environment for all family members.

Bukit Timah Condominiums are also conveniently located near schools and other educational facilities. The area is home to many renowned international schools, making it an ideal choice for parents who …

Maximizing Returns: Tapping into the Potential of Emerging West Singapore Real Estate Projects

When it comes to maximizing returns on investment in real estate, it pays to look beyond the traditional hotspots. Emerging West Singapore real estate projects are increasingly becoming attractive options for investors looking to make the most out of their investments.

The attractively priced properties in this area are ideal for investors who want to acquire properties while they are still in the pre-construction phase. This will enable them to benefit from attractive pre-construction discounts and get a headstart in investing in an area with great potential.

The demand for real estate in this part of the city has been on the rise due to the presence of reputable educational institutions including the National University of Singapore, Singapore Management University and Nanyang Technological University in the vicinity. This has led to an influx of students and young professionals in the area, creating a high demand for residential real estate.

In …