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

Shui On Land, a Hong Kong-listed property company, has entered a joint venture with Shanghai Pucheng, a state-owned enterprise, to complete a redevelopment project located in Pujiang Town, in Minhang district of Shanghai, China. The project aims to restore the area’s unique historical and cultural identity and redevelop Zhaojia Lou Ancient Town into a “new landmark of Shanghai”.

The location, known for its canals and water towns, is already a popular tourist destination with an AAAA rating from Chinese authorities and over 500,000 visitors per year. It is conveniently located next to the Shanghai Shenjiahu Expressway, the Shanghai North-South Elevated Road, and two subway lines.

The joint venture between Shui On Land and Shanghai Pucheng will redevelop land parcels that stretch to Jiageng Road to the east, Yaojia Bang to the south, Huichi Road to the west, and Xiaoyan Lake to the north. The new development will include residential, commercial and ancillary facilities.

As the flagship property development company of the Shui On Group, founded by Hong Kong billionaire Vincent Lo, Shui On Land has been carrying out successful urban renewal projects in Shanghai for more than 30 years. Jessica Wang, the CEO of Shui On Land, highlighted the group’s proven capabilities in master planning, cultural preservation, community operation and urban regeneration in its Panlong Tiandi project – giving her confidence in the prospects of the Zhaojia Lou project.

The Shui On Land-Shanghai Pucheng joint Luminar Grand venture aims to preserve the unique culture and identity of Pujiang Town while also creating a new landmark in Shanghai. With their proven track record, it is likely that Marina Gardens Condo the project will be a success.…

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

The most profitable condo resale transaction recorded during the week of April 4 to 11 was the sale of a first-floor unit at Parc Stevens, a condo on Stevens Drive, off Stevens Road in prime District 10. A 3,466 sq ft, five-bedroom unit was sold for $7.86 million ($2,265 psf) on April 10, 16 years after it was bought for $5.2 million ($1,500 psf). This means the seller netted a profit of $2.65 million (51%) and it marks the highest psf-price recorded at Parc Stevens and the second most profitable transaction ever recorded at the development.

It is also the first unit to change hands this year at the 48-unit freehold condo which was completed in 2000. It comprises three lowrise blocks spanning four storeys each and consists of a mix of three- to five-bedders ranging from 1,722 to 3,466 sq ft. The condo is a five-minute walk to the Stevens MRT Station, which is an interchange for the Downtown and Thomson-East Coast Lines.

Meanwhile, the second most profitable transaction recorded during the week in review took place at Yong An Park, a freehold condo in the River Valley area. A four-bedroom unit measuring 3,434 sq ft on the 10th floor changed hands for $8.1 million, or $2,359 psf on April 6. The seller had bought the unit for $6.02 million ($1,753 psf) in March 2012, making a gain of $2.08 million (35%) after a 11-year holding period.

Completed in 1986, Yong An Park has a total of 288 residences and consists of one- to four-bedders between 1,023 sq ft and 3,552 sq ft, penthouse units ranging from 3,466 sq ft to 6,878 sq ft, and a collection of townhouse units starting from 7,718 sq ft. It is a five-minute walk to the Great World MRT Station on the Thomson-East Coast Line.

The most unprofitable transaction recorded during the week in review was the sale of a four-bedroom unit at Marina Bay Suites. On April 10, the 2,680 sq ft unit on the 25th floor was sold for $5.25 million ($1,959 psf). The seller had purchased the unit from the developer for $6.39 million ($2,383 psf) in December 2009, incurring a loss of $1.14 million (18%) across a 13-year holding period.

Marina Bay Suites is a 99-year leasehold development on Central Boulevard in the Marina Bay financial district. The 66-storey residential tower was a joint-venture project between Keppel Land, Cheung Kong Holdings and Hongkong Land, and was completed in 2013. Among the 221 units, typical residences are three- and four-bedroom units ranging from 1,572 to 2,691 sq ft.

Since January 2021, 24 resale transactions have taken place at the development, of which 23 have taken place below the purchase price. The largest loss reported was $3.25 million.

Overall, the data indicated that despite the pandemic, people are still willing to take a leap of faith with their property investments, and those investing in Singapore remain confident in the sector. This is particularly so for Marina Gardens Condo condos that are close to MRT stations and in prime Districts, or are freehold and offer luxury living.…

CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price

The manager of CapitaLand Ascendas REIT (CLAR) has announced the divestment of Singapore industrial building KA Place for a consideration of $35.38 million. According to an April 20 filing, the REIT’s trustee, HSBC Institutional Trust Services (Singapore), has entered into a sale and purchase agreement to sell KA Place to KA Place SPV 1.

The consideration sum is impressive, representing a 219% premium to CLAR’s purchase price of $11.1 million in March 2005 and a 55% premium to the property’s market valuation of $22.8 million as at Dec 31, 2022.

KA Place at 159 Kampong Ampat is a seven-storey high-specification industrial building with a carpark on the second storey. The property has a total gross floor area of 10,163 sq m and a remaining land lease tenure of about 35 years.

The proposed divestment is in line with the manager’s proactive asset management strategy to improve the quality of CLAR’s portfolio and optimise returns for unitholders of CLAR. The manager has carefully evaluated the situation and decided that it is an opportune time to divest the property and redeploy the capital towards value-adding opportunities.

Assuming the proposed divestment was completed on Jan 1, 2022, the pro-forma impact on CLAR’s net property income (NPI) and distribution per unit (DPU) for the financial year ended Dec 31, 2022 would have been a decrease of $0.92 million and 0.005 Singapore cents, respectively.

Net proceeds after divestment costs are expected to be $30.65 million and may be recycled to fund committed investments, repay existing indebtedness, extend loans to subsidiaries, fund general corporate and working capital needs and/or make distributions to unitholders.

If the net proceeds were used to repay CLAR’s borrowings as at Dec 31, 2022, CLAR’s aggregate leverage will be reduced from 36.3% to approximately 36.2%.

The proposed divestment is expected to complete within 2Q2023, and when completed, CLAR will own 229 properties comprising 96 properties in Singapore, 36 properties in Australia, 48 properties in the United States and 49 properties in the United Kingdom and Europe.

In accordance with the trust deed dated Oct 9, 2002 constituting CLAR, the manager is entitled to a divestment fee of 0.5% of the sale consideration of the property, which would be paid in cash.

Units in CapitaLand Ascendas REIT closed 3 cents higher, or 1.05% up, at $2.88 on April 20.

The manager of CapitaLand Ascendas REIT (CLAR) has recently revealed the planned divestment of KA Place, the industrial building in Singapore, at a price of $35.38 million. This figure is a remarkable 219% premium to the purchase price of $11.1 million back in March 2005, and 55% above the property’s market valuation of $22.8 million as of December 31, 2022.

The property is a seven-storey high-specification building with a carpark situated on the second storey. It has a total gross floor area of 10,163 sq m and a remaining land lease tenure estimated at around 35 years.

The sale of KA Place is part of the proactive asset management strategy of the manager in order to enhance the quality of the REIT’s portfolio and optimize returns for their unitholders. According to the manager, it is an appropriate time to divest the property for the realization of value-adding opportunities.

If the divestment had occurred on January 1, 2022, CLAR’s net property income (NPI) and distribution per unit (DPU) for the financial year ending December 31, 2022 would have dropped by $0.92 million and 0.005 Singapore cents respectively. It is envisaged that after the divestment cost, the net proceeds would be around $30.65 million.

These proceeds can be utilized to finance committed investments, pay off bulk of existing debts, give loans to subsidiaries, cater for general corporate and working capital requirements, or make distributions to unitholders. And, if used for the debt repayment, aggregate leverage of CLAR could drop from 36.3% to around 36.2%.

The proposed divestment is scheduled to complete from quarter 2 of 2023. Upon completion, CLAR will possess a total of 229 properties, 96 in Singapore, 36 in Australia, 48 in the US, and 49 in the UK and Europe.

In regards to the trust deed of October 9, 2002 constituting CLAR, the manager is entitled to a divestment fee of 0.5% of the sale consideration, which will be paid out in cash.

Units of CapitaLand Ascendas REIT ended the day on April 20 with 3 cents of rise, or 1.05% up, at $2.88.…

Ascott targets to double fee revenue to over $500 mil in next five years

In the next five years, The Ascott Limited – the lodging business unit of Capitaland Investment – aims to double its fee revenue to more than USD500 million, off a base of USD258 million achieved in FY2022, which is its highest earnings on record. This growth was buoyed by robust signings and property openings, with the business having already achieved its target of securing 160,000 units by 2023 with the signing of over 4,000 new units in 1QFY2023.

Units span serviced residences, hotels, co-living and senior living brands that are positioned in the mid to luxury range. The fee revenue will be augmented by an anticipated growth rate of 8-10% annually over the next five years, driven by both new property openings and new signings.

CEO of Ascott and Capitaland Investment (CLI) Lodging, Kevin Goh, was optimistic, noting that “Ascott has doubled in units every five years, growing from about 20,000 units in 2008 to over 160,000 units today. We are now seeing the positive financial impact of growing our portfolio by eightfold and will focus on driving even stronger fee growth over the next five years. Over 80% of our total units are under management and franchise contracts, up from 43% ten years ago. These management and franchise contracts typically have sticky recurring fee revenue and long tenures.”

He also indicated that to achieve their growth targets, the company will continue to “secure more management and franchise contracts for prime properties that generate higher quality fees.” Goh noted that the business was well-positioned to leverage its strong brand equity and direct distribution channels to deliver more value to property owners and customers alike.…

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

, The Star Vista mall, and the Greater Southern Waterfront on EdgeProp.sg
Over the past three days since its sales gallery opened on April 14, Blossoms By The Park has attracted 4,000 visitors, mostly locals, according to EL Development’s Managing Director Lim Yew Soon.

Set in one-north, the 275-unit private condo includes a mix of one- to four-bedroom units. Prices for its units start from $1.291 million for the one-bedroom-plus-study unit, $1.499 million for a two-bedroom, and from $1.585 million for a two-bedroom-plus-study. Three-bedroom dual-key units come in from $2.082 million, while three-bedroom units begin from $2.279 million. For the four-bedroom units, they start at $2.921 million, with four-bedroom premium units being from $3.335 million.

The launch is scheduled on April 29 and according to SRI Managing Partner Ken Low, the estimated average sale price will lie in the range of $2,350 to $2,400 psf. The project, mainly ideal for investors, holds a number of attractive qualities. It is located within one-north, a three-minute walk to Buona Vista MRT Interchange Station, a five-minute walk to The Star Vista mall, and 1km to Fairfield Methodist School, as well as a five-minute trip to the Greater Southern Waterfront.

Whatever suits your needs and preferences, do have a look at the latest listings around Blossoms by the Park, Slim Barracks Rise, One-North, Buona Vista MRT Interchange Station, Fairfield Methodist School, The Star Vista mall, and the Greater Southern Waterfront on EdgeProp.sg.

Grab the opportunity to own a private condominium at Blossoms By The Park before the launch on April 29! Prices start from $1.291 million for a one-bedroom-plus-study unit, from $1.499 million for a two-bedroom, and from $1.585 million for a two-bedroom-plus-study. Three-bedroom dual-key units start from $2.082 million, while three-bedroom units are from $2.279 million. Four-bedroom units start at $2.921 million, and four-bedroom premium units are from $3.335 million.

The location at Slim Barracks Rise in one-north has many benefits. It is a three-minute walk to Buona Vista MRT Interchange Station, a five-minute walk to The Star Vista mall, 1km to Fairfield Methodist School and five-minute to Greater Southern Waterfront. All these factors give it a high appeal to investors, the estimated average sale price being in the range of $2,350 to $2,400 psf.

Since the Blossoms By The Park sales gallery opened on April 14, it has been visited by 4,000 people – mostly locals. The launch on April 29 is expected to be a success, and there is no better time than now to explore all the listings EdgeProp.sg has of the area, and take a closer look at the project itself. Beat the rush and check out this opportunity today!…

The Myst Condo CDL Located Near to Hillion Mall and Beauty World MRT Station

The Myst Condo provides residents with all of the benefits of city living, whilst also offering the peace and quiet of a suburban lifestyle. Located close to a variety of amenities, this condo makes life easier for families, with schools and medical centres located nearby, as well as banks, supermarkets and other essential services within easy reach. Few places boast the same combination of convenience and tranquility, making this condo an ideal choice for those who want a balance of the two.

The Myst by CDL is a mid-sized condominium project designed to provide residents with an exclusive living experience. With top-notch facilities and amenities, including a 50-meter pool, a spacious clubhouse, and tennis courts, it offers an ideal setting for families with children. Located within a short driving distance to well-known educational institutions such as Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic, The Myst also provides folks with convenient access to a wide range of shopping and dining venues, enrichment centers, and childcare facilities. Popular malls and shopping centers such as Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall, and the upcoming The Reserve Residence Mall are also nearby.

Beauty World MRT (DT5) is situated near a few educational institutions such as Bukit Timah Primary School, Pei Hwa Presbyterian Primary School, and DIMENSIONS International College (Bukit Timah Campus). Located right at the doorstep of these schools, it provides easy access for parents, students and staff.

The Myst is a new residential property located on two adjoining properties at 798 and 800 Upper Bukit Timah Road, taking up a total area of 179,007 square feet. Homebuyers will have the privilege of residing in the esteemed Good Class Bungalow Area (GCBA), near the Cashew Estate. The last launch in the area was the Espa condominium project, which was accomplished in 2010.

In the surrounding area of The Myst Condo at Bukit Panjang, lies the Zhenghua Nature Park; forming a green buffer for the Central Catchment Nature Reserve. Adventure seekers, both on foot or on bikes, will enjoy the trails of the park which offer both challenging hillsides and gentle inclines. Here you may discover various wildlife, like birds, squirrels, monitor lizards, and long-tail macaques.

The Myst Condo is situated in the midst of Bukit Panjang, Singapore, only a brief walk away from the Bukit Panjang Integrated Transport Hub and Hillion Mall. This advantageous position presents occupants of The Myst Condo with an abundance of facilities, from having access to public transport without difficulty to being able to purchase goods and relish in the delicious meals at the close mall. These luxuries make The Myst Condo a great option for those who wish for an effortless and pleasant abode.

With the wide selection of products and services offered in these shopping centres, The Myst Condo residents can easily enjoy a variety of affordable and convenient products. Whether you need groceries, clothing, electronics, or just about anything else, you can find what you need at the shopping centres in the area. The convenient location of The Myst Condo makes it a great choice for those who wish to enjoy the convenience of living close to shopping centres. Located just a stone’s throw away from a wide range of shopping centres, residents of The Myst Condo can easily access their favourite stores and get the necessary items they need without having to travel too far.

With the amazing selection of products and services available at the shopping centres, residents of The Myst Condo can enjoy a variety of affordable and convenient items. All they have to do is take a few steps away and they can find all the products they need. Life at The Myst Condo is all about convenience, with shopping centres located near the area, residents can benefit from the selection of products and services available.

Living at The Myst Condo, located near Bukit Panjang, means having quick and easy access to Hillion Mall. With a variety of shopping, dining, and entertainment choices, this popular mall has something for everyone. It has all sorts of retail stores, food establishments, a cinema, and even a bowling alley. Residents of The Myst Condo only need to take a 5-minute walk and they can enjoy all this mall has to offer.

The Myst Condo is situated in a convenient location with a variety of medical facilities close by. One such facility is the Bukit Panjang Polyclinic which is a short stroll from the property. In addition, National University Hospital, Sengkang Clinic, and Tan Tock Seng Hospital are all nearby. Together, they provide a comprehensive range of healthcare services.

The Cashew Estate offers a serene, rural ambiance that is perfect for nature lovers, cyclists, and joggers. It’s most renowned asset is the Rail Corridor, which stretches from the old Tanjong Pagar Railway Station to the Kranji MRT Station. Get to know more about the Corridor, including a map of the Corridor, by visiting the Reserve Residences at Beauty World and The Botany at Dairy Farm, two upcoming projects that provide direct access to the Rail Corridor. For further exploration, the Bukit Timah Nature Reserve is just a stone’s throw away. Residents of the Cashew Estate are invited to take advantage of the harmonious balance between the indoor and outdoor, all while surrounded by the picturesque and serene environment.

The Myst Condo by CDL is the perfect abode for those seeking luxury living in a peaceful atmosphere. Situated close to nature parks and reserves, it provides a perfect blend of city life and the beauty of nature. Residing near the renowned Bukit Batok Nature Park, Bukit Timah Nature Reserve, Dairy Farm Nature Park, Hindhede Nature Park, MacRitchie Reservoir Park, Singapore Quarry, Singapore Botanic Gardens, Bukit Panjang Park Connector, Bukit Batok Town Park and Bukit Timah Hill Park Connector, The Myst Condo by CDL offers the best of both worlds.

The Myst Condo is designed for optimal natural light and ventilation. Featuring floor-to-ceiling windows and balconies, the building provides an abundance of natural light and fresh air. The balconies also offer a place to relax and enjoy a lush garden setting with breathtaking views of the city.

The Downtown Line (DTL) has augmented connectivity in the Central Business District (CBD) area, enabling a faster journey from Millenia Walk to Marina Bay Sands and City Hall Fringe. Recently opened DTL3 that added 21 km to the DTL provides a direct route to Tampines Regional Centre and Changi Business Park without the need of a bus transfer. Inclusive of DTL3, the total length of Downtown Line is now 42 km, making it Singapore’s longest underground MRT line with no stoppages in between.

The Myst of the forest offers the perfect retreat to relax and unwind. With its stunning vistas, luxurious facilities and the feeling of peace and serenity it provides, this condominium is the perfect place to appreciate the beauty of nature. Furthermore, residence have the convenience of easy access to the nearby Bukit Timah Nature Reserve, which is perfect for hikes and nature exploration.

Residents of The Myst Condo can enjoy a wide range of transportation choices. The property is conveniently located near MRT stations, as well as bus and LRT services. The Bukit Panjang Bus Interchange provides numerous bus services for area residents. Additionally, the developer of The Myst Condo offers a free shuttle bus that transports residents to the Bukit Panjang Downtown MRT.

The Myst Condo, a new development by City Developments Limited (CDL) Aries, is located at the heart of Bukit Panjang and Cashew. The exclusive rights to two adjacent plots on 798 and 800 Upper Bukit Timah Road in the Tan Chong industrial park of northwest Singapore have been secured by the leading non-government-controlled developer. Spanning over 16,620 square metres (178,900 square feet), the property is zoned for residential use and is allowed to construct a project up to 24 storeys tall by the Prime Plot. It has a plot ratio of 2.1.

Tan Kah Kee MRT (DT8) serves the area surrounding National Junior College, Hwa Chong Institution, Hwa Chong International School, and Raffles Girls’ Primary School. These educational institutions are within close proximity to the station, providing convenient access for both residents and visitors. Furthermore, the station has easy access to commercial and residential areas, providing an ideal transportation hub for the area. The range of amenities and services available in the station ensures that all commuters have a pleasant and efficient journey.

In recent years, the city- state has sought to enliven the Bukit Timah area with a variety of development strategies to augment connectivity and augment the green spaces in the neighborhood. With respect to this, there is the Railway Corridor project close to The Myst Condo which aims to reinvigorate the old railway tracks into a communal space. Additionally, the Beauty World regeneration scheme plans to build a green metropolitan village.

The potential of a new condominium tower at the emerging residential enclave of Upper Bukit Timah has put CDL Aries in an advantageous spot. Taking advantage of the progressions in the region, the development is well-poised to create a residential project that will be attractive to Singaporeans and investors alike. The acquisition of the two plots of land for the amount of S$126.3 million ($92.5 million) is expected to lay the groundwork for a noteworthy new residential project, thus demonstrating a major endeavour for the developer.

The Myst development boasts several landscaping features that are centered around sustainability. A tranquil rooftop garden gives residents the opportunity to disconnect from the chaos of city life and enjoy nature. This garden is filled with lush vegetation, creating a soothing atmosphere. In addition, rainwater harvesting systems have been installed to aid in the conservation of precious water resources while reducing water consumption.

Being located near the Bukit Panjang Transport Hub makes staying at The Myst Condo highly convenient and offers great flexibility for multigenerational families. The complex is situated close to the Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, giving residents access to an array of public transport options which make it easy to get to their desired destinations.

The Myst Condo, located on Upper Bukit Timah Road, has taken sustainability into consideration when designing their landscaping. Native plants and trees that require minimal maintenance and are drought-tolerant have been incorporated into the development. Furthermore, organic fertilizers and composting systems have been included to reduce the need for chemical fertilizers. Additionally, an efficient irrigation system has been installed in order to reduce water consumption.

The Bukit Panjang Integrated Transport Hub is situated just a short 5-minute stroll away from The Myst Condo, thus providing easy access for residents. By boarding either the Downtown Line or Bukit Panjang LRT, residents can conveniently travel around the island. Furthermore, the transport hub also offers a number of bus services, allowing residents to explore other parts of Singapore with ease. Through the transport hub, residents of The Myst Condo can easily reach the city centre, or by taking the LRT, be able to discover the neighbourhood.

The Myst Condo by CDL is a luxurious development situated in the heart of Bukit Timah, Singapore. Surrounded by lush natural reserves and greenery, it is a perfect place to retreat from the bustle of urban life. Situated along Upper Bukit Timah Road, it is a convenient location for those who want to access the city centre. With its prime location and stunning views, The Myst Condo by CDL is a highly sought-after development.

Residents of The Myst Condo can enjoy a wealth of amenities and activities right at their doorstep. Shopping, dining, and entertainment are all within easy walking distance, such as the popular Bukit Panjang Plaza. From shopping malls to movie theatres and food courts, this destination boasts a wide selection of options for residents to enjoy.

Positioned in an advantageous location, The Myst from City Developments Ltd allows for truly unique characteristics to be imbued in the dwellings. The prime spot of the Myst yields prospective occupants the opportunity to reap the benefits of being in close proximity to amenities and conveniences.

The Myst Condo offers a range of convenient amenities for its residents. Situated a mere 10 minutes away from the nearest MRT station, as well as several shopping malls, The Myst Condo provides a great opportunity to explore the local area. Eateries and other outlets providing a variety of shopping options are available in the vicinity. For a more direct route, the nearby MRT stations include Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT. Additionally, the developer provides a free shuttle bus to Bukit Panjang Downtown MRT. The Myst Condo is thus an ideal spot for people looking to enjoy the benefits of city living.

The Myst Condo is surrounded by a plethora of educational establishments, commercial venues, and green spaces. Adjacent to the towering 19-story Hazel Park condominium lies the Tan Chong industrial park. Furthermore, the area is well linked to various public transportation routes, with the Cashew MRT station on Singapore’s Downtown Line located just a 7-minute ride from the condo, and the historic Bukit Timah railway station a mere 13 minutes by foot.

Botanic Gardens MRT (DT9) is conveniently located close to the National University of Singapore (NUS) Bukit Timah Campus. This station, situated along the Downtown Line, provides a direct connection to the university for both commuters and visitors alike. With its convenient location, the Botanic Gardens MRT is an ideal option for those looking to explore the university or travel to and from the campus.

Once the Tan Chong Industrial Park, the Myst now offers a series of smart, green features that make it an outstanding choice for environmentally-aware occupants. The intelligent design and efficient utilization of resources make this residential complex one of the most environmentally-friendly properties in the area.

The Myst Condo is situated conveniently for access to all the resources offered by the city-state, as well as a variety of amenities which are easily accessible on foot. CDL can benefit from the green environments and renewal activities in the locality to conceive a residential project that adds to the appeal of the neighbourhood while providing a high quality living experience to the inhabitants.

If you need convenience in location, The Myst Condo will certainly provide you with it. A 30-minute walk will take you to either Bukit Panjang MRT Station or Hillview MRT Station. Besides those, the nearby bus stops are Bef Chestnut Avenue, Bukit Panjang Road, and Upper Bukit Timah Road. Moreover, you can reach the bustling Orchard Road and Central Business District within a quarter of an hour.

King Albert Park MRT (OTC) is the closest transportation option to the schools of Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School, and Singapore Korean International School. All five of these highly esteemed educational institutions are within easy reach of the King Albert Park MRT station, making it an ideal spot for students and staff alike.

Bukit Panjang Integrated Transport Hub is the 9th Integrated Transport Hub to be established in Singapore. Located in close proximity to Hillion Mall, The Myst Condo is conveniently connected to the hub. With a range of educational institutions situated within easy walking distance, young families with children are sure to benefit from the nearby De La Salle School. Moreover, a number of international schools can also be found in the area, providing further education options for those who seek them. As such, The Myst Condo offers easy access to all types of educational facilities.

Hillview, located near the Hillview MRT station, is well-known for its lush greenery, tranquil environment, and community activities. Bukit Panjang is the home of many public amenities such as the Bukit Panjang Plaza, Hillion Mall, and a series of indoor and outdoor sports facilities.

District 23, stretching from Choa Chu Kang to Bukit Batok, Hillview, and Bukit Panjang, is a particularly desirable location for potential buyers or renters. The town of Choa Chu Kang derived its name from the Teochew word “kangchu”, which alludes to the area’s historical connection with plantation owners. Despite the town’s rural background, it has been transformed into a highly modernized neighborhood, accessible via MRT and with two impressive shopping malls – Lot One Shoppers’ Mall located near Choa Chu Kang MRT station, and West Mall located at Bukit Batok. The green expanses and formerly fruit tree plantations of Choa Chu Park are reminders of its traditional roots. Bukit Batok, the most popular spot for its awe-inspiring natural marvels such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill, and Little Guilin, radiates an air of tranquil magnificence. Hillview, near the Hillview MRT station, is famed for its tranquil environment, lush greenery, and community activities. Last but not least, Bukit Panjang presents an array of amenities such as Bukit Panjang Plaza, Hillion Mall, and a selection of both indoor and outdoor sports facilities.

Having secured the Upper Bukit Timah site, CDL Aries is eminently placed to benefit from the numerous rejuvenation schemes and development plans being implemented in the vicinity of The Myst Condo. By creating a residential venture at this prestigious and convenient location, CDL is giving Singaporeans and investors alike the chance to acquire an in-demand address.

The Downtown Line (DTL) is a revolutionary addition to Singapore’s public transport network. It is the fifth MRT line in the city and provides connectivity to parts of the country which were previously underserved, such as Bukit Panjang, Bukit Timah and Bedok Reservoir. The line boasts a total of 34 stations and provides a much more convenient alternative to commuting, linking places across the city and providing effortless access to the heart of the city. Individuals living in the Bukit Panjang to Bukit Timah area can now cut their journey time into the city by as much as 30%, while those living in the east can reduce the number of bus trips needed for their commute and get around quicker.

Living in The Myst Condo at Bukit Panjang means embracing a luxurious lifestyle that’s also eco-friendly. With its rooftop garden, energy-efficient lighting systems, solar panels, native plants and trees, organic fertilizers and composting systems, water-efficient irrigation, and recreational facilities, living in The Myst provides the perfect blend of modern luxuries and sustainability. Residents of The Myst can rest assured that they are helping to protect the environment while enjoying the best of what high-end condominium life has to offer.

The West Region of Singapore is the largest of the five regions, covering an area of 25,500 hectares. The regional center is located in Jurong East, while Jurong West is the most populated town. It is home to many of Singapore’s heavy industry companies, including international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals, and Shell that primarily operate in the petrochemical sector. The government is also working to further develop the West Region, with plans to transform Jurong Lake District and Jurong Innovation District into a second Central Business District. In addition, the Tuas Mega Port, set to be operational in the 2040s, is anticipated to become the world’s largest container port, with an estimated annual capacity of 65 million TEUs.

Living in Upper Bukit Timah makes it extremely convenient to reach some of the best educational institutions in the area. The Cashew MRT station, part of the Downtown line, is only a 5-minute walk from the side gate of The Myst. Moreover, the National University of Singapore, Ngee Ann Polytechnic, and Singapore Polytechnic can all be reached within 15 minutes via bus from the same spot. If you wish to be close to some of the top schools, properties in the area of Cashew to Bukit Timah should be strongly considered. The following are some of the most esteemed schools near the MRT stations in the region:

For those searching for a convenient and comfortable living environment, The Myst Condo is the perfect place to call home. Located in the bustling neighbourhood of Bukit Panjang, residents of The Myst Condo are able to enjoy a plethora of public transportation options, shopping centres, and recreational activities. Thus, The Myst Condo is the ideal choice for anyone looking for convenience with their living experience.

At the Myst CDL at Cashew MRT Station, homeowners can enjoy a sense of luxury and modernity in a serene, suburban setting. This development offers everything needed for a green, eco-friendly lifestyle, combining modern comforts with sustainable features. Homeowners can experience luxurious living within a peaceful and tranquil atmosphere, with easy access to the vibrant city center. With excellent connectivity, the development provides an ideal option for anyone seeking modern living in the suburbs.

Sixth Avenue MRT Station, (DT71) is located conveniently close to Nanyang Girls’ High School. It is a great option for students attending the school to get to and from the campus. The station is equipped with efficient and reliable transport, allowing for an easy and convenient journey. With the train being the main mode of public transportation, the station allows for easy access and connectivity to many places, including the nearby MRT lines. There are also several buses available from the station, such as the 51, 74, 151 and 153, providing a range of routes for students and other commuters. The place is also within walking distance to amenities, such as shopping malls and eateries, giving more convenience to the students and nearby residents.

The Myst Condo provides occupants with incomparable convenience as it is situated near Bukit Panjang Integrated Transport Hub, making available a wide selection of facilities and amenities. This makes life a lot easier for the residents.

The Myst has been created with energy efficiency at the forefront of its design, utilizing various green technologies to lessen energy consumption. Highly effective air-conditioning systems, intelligent lighting combined with motion detectors and energy-conservative appliances are all included to help reduce energy use. The building also boasts double-glazed windows and insulation to minimize heat escape and optimize energy efficiency.

Situated close to nature reserves and parks, The Myst Condo by CDL offers an ideal spot for engaging in outdoor activities like hiking, biking, and bird watching. Singapore Botanic Gardens and Bukit Timah Nature Reserve are both within walking distance, making it easy to take advantage of the natural beauty surrounding the area. At The Myst Condo by CDL, residents and visitors alike can truly experience nature at its finest. It is located in close proximity to a variety of attractions, including shopping, dining, and entertainment options.

The Myst CDL of the forest is designed to offer the inhabitants a taste of luxury and comfort. The condominium boasts modern amenities and facilities such as a swimming pool, gymnasium, tennis court, and a clubhouse. Residents can also take advantage of the sky garden, which provides a tranquil atmosphere for relaxation and enjoying captivating views of the natural environment. Additionally, the residence is conveniently situated near a variety of shopping, dining, and entertainment options.

The Myst Condo of the forest at Bukit Timah Road is one of the most desired residential complexes in Singapore. Boasting a lush tropical landscape, surrounded by lush greenery and rolling hills, this luxurious residential condominium offers its residents beautiful views of the natural world. Residents can enjoy the beauty of the surroundings, all from the comfort of their own home. This desirable abode is situated in an elevated location, taking advantage of the breathtaking views of the surrounding nature. The living experience that this condominium offers its occupants is truly unique and extraordinary.

The Myst Condo is in close proximity to a plethora of parks and recreational zones. Residents can indulge in the beauty of Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park, boasting trails for walkers and cyclists alike, as well as playgrounds and other recreational amenities. Additionally, the Bukit Panjang Swimming Complex, boasting an Olympic-size pool and other features, is also nearby for residents to take pleasure in.

Hillview MRT (DT3) is just a stone’s throw away from the German European School, as well as St. Francis Methodist School. These two reputable academic institutions are conveniently located close to Hillview MRT Station, making it easy to access and convenient for students and parents alike. The station offers frequent interchanges to other Downtown Line Stations, while the nearby bus stops and train station provide excellent transport links to the rest of Singapore. These two schools offer a safe, secure and stimulating learning environment for children and young adults, with a range of activities and learning opportunities for all ages. The schools provide quality education for students, as well as providing a supportive and nurturing environment for pupils of all backgrounds. Hillview MRT (DT3) is an ideal area for families looking for reputable schools and an excellent transport connection.

Newton MRT (DT10) is the starting point of an enjoyable and convenient journey to Anglo Chinese School (Barker Road). With a distance of about 1.4 km, the route is easily taken with a few stops on the way. It is a great way to explore the surrounding streets and local attractions. Along the way, commuters can access eateries, shops, and other services. Two notable places that can be reached from Newton MRT (DT10) to Anglo Chinese School (Barker Road) are The Centrepoint and Emerald Hill. These two places are great spots to explore and take a break from the journey. The journey from Newton MRT (DT10) to Anglo Chinese School (Barker Road) is a pleasant and convenient one, with a journey time of approximately 8 minutes. With easy access to eateries, shops, and other services, it is an enjoyable journey for everyone.

The Myst CDL at Bukit Panjang is a state-of-the-art residential property that is focused on delivering sustainable and eco-friendly living. Situated in the energetic and animated city of Singapore, it provides a tranquil and verdant atmosphere, granting tenants the benefit of both conditions.

The Myst of the forest is renowned for its unblocked view, offering an unobstructed view of the surrounding landscape. From the upper floors of the condominium, one can relish an unparalleled view of the Bukit Timah Nature Reserve and its verdant green hills. The sights expand to the horizon, offering a feeling of serenity and tranquility.

The Myst Condo by CDL affords an idyllic lifestyle, with a range of modern amenities and facilities. Residents of this luxurious abode can enjoy the close proximity to a multitude of shopping, dining, and entertainment options. Additionally, the complex is replete with a fitness centre that’s equipped with the most up-to-date gym equipment, a swimming pool, Jacuzzi, and yoga pavilion to ensure that you can unwind and feel invigorated. Other facilities include a children’s play area, BBQ pits, and a landscaped garden. All in all, the Myst Condo is the ultimate home for a life of convenience and comfort.…

Exploring the Advantages: Benefits of Living in Proximity to Bukit Panjang Integrated Transport Hub

Bukit Panjang Integrated Transport Hub is a major transport hub in Singapore. Located in the western part of the country, it is a hub for transportation of people and goods from the city center to other parts of Singapore. This transport hub has many advantages and benefits for those who reside in its vicinity.

One of the main advantages of living near the Bukit Panjang Integrated Transport Hub is the convenience it offers. Residents can access public transport quickly and conveniently. Bus services, MRT lines, and LRT lines all converge here, making it easier for people to travel around the city. Additionally, the transport hub is also connected to the Bukit Panjang LRT station, which makes it easier for people to travel to other parts of Singapore. This makes it an ideal place for people who need to commute daily between their homes and workplaces.

Another advantage of living near the Bukit Panjang Integrated Transport Hub is the availability of amenities. The area is home to shopping complexes, restaurants, cafes, and other places where people can spend their leisure time. This makes it convenient for residents to find the necessary items for their daily needs. Additionally, the Bukit Panjang Integrated Transport Hub also has a number of parks, making it an ideal place for outdoor activities.

The Bukit Panjang Integrated Transport Hub also provides easy access to entertainment and recreational facilities. The hub is close to the Singapore Zoo, Singapore Botanic Gardens, and numerous other attractions. This makes it convenient for families to enjoy a day out in the city. Additionally, the proximity of the transport hub to these attractions makes it easier for people to visit them on a regular basis.

Finally, living near the Bukit Panjang Integrated Transport Hub also offers the advantage of being close to the rest of the country. The hub is connected to major highways and expressways, making it easier for people to travel to other parts of Singapore without having to go through the city center. This makes it an ideal place for people who need to frequently travel to other parts of Singapore.

In conclusion, living near the Bukit Panjang Integrated Transport Hub offers a number of advantages, including convenient public transport options, access to amenities, easy access to entertainment and recreational facilities, and easy access to other parts of Singapore. It is an ideal place for people who need to commute daily and enjoy a day out in the city.

Living close to Bukit Panjang Integrated Transport Hub has its advantages and benefits. Located at the junction of Bukit Panjang Road and Upper Bukit Timah Road, the integrated transport hub is home to numerous transportation options, making it a great place to live for those who need to get around Singapore quickly and conveniently.

The first advantage of living close to Bukit Panjang Integrated Transport Hub is easy access to public transportation. The hub is served by the Bukit Panjang LRT line, which connects the western part of Singapore to the city centre. It is also served by the Downtown Line and the North-South Line, making it an ideal place to live for those who need to travel to and from the city centre quickly.

Another advantage of living near the integrated transport hub is the convenience of having a variety of transportation options at your fingertips. From buses to taxis to car-sharing services, you can easily access any mode of transport you may need. Additionally, the hub is surrounded by several eateries, supermarkets, and other retail outlets, making it easy to find food and other necessities just a short walk away.

The Bukit Panjang Integrated Transport Hub also provides access to a range of recreational One Sophia facilities, such as parks, playgrounds, and a variety of shopping centers. This makes it a great place to live for those who want to stay active and enjoy the outdoors.

Finally, living near the integrated transport hub has the added benefit of being in close proximity to the Changi Airport, which is one of the busiest airports in the world. This makes it easy to travel around the world and explore different cultures and destinations.

In conclusion, living close to Bukit Panjang Integrated Transport Hub has its advantages and benefits. Easy access to public transportation, a variety of transportation options, recreational facilities, and the proximity to Changi Airport make it a great place to live for those who want to be well-connected and stay active.…

Critical Appraisal: Evaluating the Investment Profitability of Bukit Panjang Properties

Bukit Panjang is a thriving residential area in Singapore located at the north-western end of the island. As a result, it has become an attractive investment proposition for those looking to buy or rent property in the area.

Critical appraisal is an important process for investors to evaluate the profitability of their investments. This involves assessing the current market conditions in the area, understanding the local economy and the demand and supply of properties, and assessing the potential return on investment (ROI).

When conducting a critical appraisal of Bukit Panjang properties, investors should first look at the current market conditions. This includes identifying the current market prices, rental yields and any other factors that may affect the value of the properties. Investors should also compare the prices of similar properties to gauge the current market value.

Secondly, investors should look at the local economy, local population and the demand and supply of properties. This will help them to understand the potential of the investment in terms of rental income and capital appreciation. It is important to consider demographic trends and the potential for growth in the area.

Thirdly, investors should assess the potential return on investment (ROI). This will help them to determine if the investment is worth the risk and if it is likely to generate a good return over the long term. Investors should also consider the costs of buying, maintaining and managing the property.

Finally, investors should consider the risks associated with investing in Bukit Panjang properties. This includes understanding the local laws, assessing the potential for tenant default and assessing the potential for market fluctuations.

In conclusion, critical appraisal is an important process for investors to evaluate the profitability of their investments in Bukit Panjang properties. It involves assessing the current market conditions, understanding the local economy and the demand and supply of properties, and assessing the potential return on investment. By conducting a thorough and comprehensive analysis, investors can make informed decisions and maximize their returns.

The investment profitability of Bukit Panjang properties is an important consideration for real estate investors. This article will provide a critical appraisal of the investment profitability of Bukit Panjang properties.

Bukit Panjang is a residential area located in the north-western part of Singapore, and is known for its affordable housing and excellent transportation links. The area has seen significant development in recent years, with the completion of several new condominiums, shopping malls, and leisure facilities. The area is also known for its proximity to major highways and public transportation, making it an attractive destination for both locals and foreign visitors.

The investment profitability of Bukit Panjang properties can be evaluated by considering several factors, including the current economic environment, the local real estate market, and the supply and demand dynamics of the area. The current economic environment has been favourable in recent years, with low interest rates and steady job growth providing a platform for sustained economic growth. This has resulted in increased demand for rental properties, which in turn has led to a rise in property prices. However, there is also a risk of oversupply in the area, which could lead to a decrease in property prices.

The local real estate market in Bukit Panjang is also an important factor to consider when evaluating the investment profitability of properties. The area offers a wide range of residential properties, ranging from condominiums to landed properties. The supply of properties in the area is sufficient to meet the demand, which has resulted in competitive prices and healthy rental yields. Additionally, the area is well-connected to the rest of the city, making it an attractive investment choice for property investors.

Finally, the supply and demand dynamics of Bukit Panjang should also be taken into account when assessing the investment profitability of properties. The area has seen a steady increase in population over the past decade, and this trend is expected to continue in the future. This increased population has led to increased demand for housing, which has in turn driven up property prices. However, the area is still relatively affordable, which could result in an attractive return on investment for property investors.

In conclusion, the investment profitability of Bukit Panjang properties is highly dependent on a variety of factors. The current economic environment and local real estate market are both favourable, providing a platform for sustained economic growth and healthy rental yields. Additionally, the area is well-connected to the rest of the city, making it an attractive destination for investors. Finally, the supply and demand dynamics of the area should also be taken into account, as increased population has led to increased demand for housing, driving up property prices. All of these factors should be taken into consideration when assessing the investment profitability of Bukit Panjang properties.…

A Comprehensive Analysis: An Investor’s Guide to Promising Real Estate Projects in Singapore

Singapore is a highly sought-after destination for real estate investors, and with good reason. The country has a robust infrastructure, a vibrant economy and a strong legal system. It is also one of the safest places in the world to invest in real estate, making it an attractive option for both international and domestic investors.

The real estate market in Singapore is highly competitive and can be intimidating for new investors. However, with the right information and research, it is possible to identify promising projects and make sound investments. The following is a comprehensive guide to help investors understand the local market and identify the best real estate projects in Singapore.

First, investors should familiarize themselves with the different types of real estate investments in Singapore. The country offers a wide range of investment options, from residential properties to commercial buildings, from industrial properties to hospitality projects, and from land development to infrastructure projects. Investors should also understand the different regulations and taxation laws that apply to real estate investments in Singapore.

Once investors have a basic understanding of the market, they should start researching the different real estate projects available in Singapore. This can be done by visiting the websites of real estate developers, attending industry events and networking with other investors. Investors should also read up on the latest news and trends in the Singapore real estate market. Doing so will help them identify potential projects and stay up-to-date with the market.

Finally, investors should conduct a thorough analysis of the projects they are interested in. This should include an examination of the project’s financials, legal structure, management team and competitive landscape. Investors should also consider the project’s potential for appreciation, rental yield and liquidity.

By taking the time to conduct a comprehensive analysis of potential real estate investments in Singapore, investors can identify the most promising projects and make well-informed investment decisions. In addition to providing investors with the opportunity to generate a return on their investments, Singapore’s real estate market can also provide a platform for long-term wealth creation.

Real estate investors in Singapore are continuously looking for promising projects that will yield high returns on their investments. This article provides a comprehensive analysis of the current real estate market in Singapore, as well as certain key factors that investors should consider when selecting a promising real estate project.

Firstly, investors should pay close attention to the current market trends in Singapore. This includes analyzing the various macroeconomic factors such as the number of new property launches, the average selling prices of properties, and the levels of supply and demand in the market. Additionally, investors should also consider the current political, social, and economic conditions in the Lumina Grand EC country, as these will have an impact on the performance of real estate investments.

In addition, investors should also consider the location of the property. Singapore is divided into several distinct zones, each with its own unique characteristics. For example, properties located in the Central Business District tend to have higher rental yields, whereas properties located in peripheral suburbs tend to be more affordable. By analyzing the different zones in Singapore, investors can better understand how the property market is performing in each area.

Furthermore, investors should also consider the infrastructure of the property. Singapore has a well-developed public transportation system and a reliable telecommunications infrastructure. Additionally, Singapore’s public housing scheme provides affordable housing options for low-income earners, which can increase the potential for capital appreciation of properties located in certain areas.

Finally, investors should also consider the potential returns they can expect from their investments. Real estate investments in Singapore tend to yield higher returns than other forms of investments, and investors should assess the potential returns they can expect to receive from their investments.

In conclusion, Singapore is a promising real estate market that offers investors with the potential for high returns. To ensure the best returns, investors should pay close attention to the various macroeconomic factors, the location of the property, the infrastructure, and the potential returns. By doing so, investors can ensure that they make the most out of their investments in the Singapore real estate market.…

Bukit Timah Condominiums: The Ideal Choice for Parents Seeking Homes Close to Schools

Bukit Timah condominiums are a great choice for parents looking for a place to live close to schools. Located in the heart of Singapore, Bukit Timah is known for its close proximity to some of the city’s most prestigious schools. It is also home to a variety of amenities, from shopping malls to parks, providing parents with plenty of options for leisure activities and entertainment.

One of the advantages of living in Bukit Timah is the convenience of having schools located close to the condominiums. With a variety of educational institutions nearby, parents can ensure that their children receive a quality education without having to commute long distances. From primary schools to international schools, Bukit Timah has something to offer everyone.

The area also offers plenty of recreational activities for parents and their children. Centrally located parks and gardens provide a great opportunity to get out and explore nature. The nearby shopping malls offer plenty of entertainment, with restaurants, cinemas, and shops, while the condominiums themselves feature a range of facilities, including swimming pools and gyms, to help keep residents fit and healthy.

Bukit Timah also offers excellent connectivity to the rest of Singapore. With multiple bus routes and MRT stations nearby, commuting to other parts of the city is easy and convenient. This makes it easy for parents to get to and from work, as well as to take advantage of the many cultural, entertainment, and dining opportunities available in the city.

In addition to its convenience and amenities, Bukit Timah is known for its safety and security. The area is well lit and patrolled by security guards, providing a safe and secure environment for parents and their children.

For parents looking for a place to live close to schools and other amenities, Bukit Timah condominiums are an ideal choice. With its convenient location, extensive amenities, and secure environment, Bukit Timah offers the perfect combination of convenience, safety and luxury.

Bukit Timah Condominiums are the ideal choice for parents looking for homes close to schools. Located in the heart of Singapore, Bukit Timah is a sought after area for property buyers. The condominiums offer a variety of amenities, such as swimming pools, gym, children’s playgrounds and more. Additionally, the condominiums are surrounded by a number of prestigious schools, including Raffles Girls’ Secondary, Anglo-Chinese School (Primary), Nanyang Girls’ High School and Nanyang Primary School.

The Bukit Timah area is a great place for families with young children, due to its close proximity to the many schools. The condominiums are also conveniently located close to shopping malls, such as the Bukit Timah Shopping Centre and the nearby Beauty World Plaza. The area is also well served by public transportation, making it easy for parents to get their children to and from school.

The Bukit Timah Condominiums offer a variety of living options, ranging from single-family units to multi-level condominiums. The units come with modern amenities and features, such as air-conditioning, kitchenette, built-in wardrobes and more. The condominiums are also well maintained, providing a safe and secure environment for families to stay in.

The Bukit Timah area is known for its green spaces and lush greenery, making it an ideal place to relax and enjoy the outdoors. There are a variety of parks and nature reserves in the area, such as the Bukit Timah Nature Reserve and the nearby MacRitchie Reservoir Park. These parks offer a variety of activities for families to enjoy, such as jogging, cycling, bird watching and more.

Overall, Bukit Timah Condominiums are an ideal choice for parents seeking homes close to schools. With its modern amenities, close proximity to shopping and public transportation and green spaces, Bukit Timah is an ideal place to stay for families with young children.…