Mortgage
Two adjoining shophouses off Upper Thomson Road for sale at $10.5 mil
Two freehold shophouses located at 5 and 7 Jasmine Road, off Upper Thomson Road, have been put up for sale via Expression of Interest (EOI) with a guide price of $10.5 million, or $2,665 psf on the floor area. Located just 50 metres away from Thomson Plaza shopping mall, the two-storey shophouses hold a total site area of around 3,650 sq ft and an existing combined floor area of about 3,940 sq ft.
Under the 2019 Master Plan, the properties are zoned for “residential with commercial at 1st storey” use with a gross plot ratio of 3.0 and building height control of up to four storeys. Moreover, they are close to major roads and expressways such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount Road and the Pan Island Expressway.
Transportation is not an issue as the shophouses are 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 just one stop away.
Steven Tan, managing director of capital markets and investment sales at ERA Realty Network, which is the exclusive marketing agent for the shophouses, stated that this is a rare opportunity for investors and landlords to own a pair of freehold shophouses and enjoy immediate rental income with future capital appreciation potential in the long term.
Alternatively, the successful buyer can consider redeveloping the adjoining shophouses into a four-storey residential building with commercial space on first storey, subject to the authorities’ approval. The redeveloped building could have a gross floor area of about 10,950 sq ft.
The properties are located near numerous amenities, including popular eateries and cafes along Upper Thomson Road, Sin Ming Plaza and Junction 8 shopping mall. Additionally, prestigious educational institutions such as Ai Tong School, Catholic High School, CHIJ St Nicholas Girls’ School, Marymount Convent School and Whitley Secondary School are all within a 1-2km radius, making the shophouses an attractive prospect for buyers.
The properties are for sale with existing tenancies and on an “as is where is” basis. The EOI exercise for the property will close on May 8 at 3pm.
It is worth noting that other commercial properties on Jasmine Road have seen transactions recently, making this an attractive investment opportunity.…
Collective sale of Tanjong Katong development relaunched at $63 mil
Owners of a recently-launched 26-unit walk-up development at 52 to 62H Tanjong Katong Road in Singapore are now looking to put their property up for collective sale, this time with a guide price of $63 million. This is lower than the initial asking price of $65.5 million that was set in July of last year.
Sole marketing agency Huttons Asia received multiple offers below the initial asking price upon the first launch of the property, with the area having a land area of about 32,397 ft and a Potential Gross Floor Area of 45,356 ft. The guide price translates to $1,401 psf ppr with an estimated land betterment charge of $530,000.
That rate could be further lowered to $1,375 psf ppr when the 7% bonus balcony gross floor area is factored in. This could then yield around 49 residential apartments in the new development, with units having an average size of 915 sq ft.
The property is located in District 15, Tanjong Katong, which has always been a premier destination for housing buyers due to its closeness to the CBD, as well as its 500m walk to Paya Lebar MRT Station.
Accompanying convenience like retail stores, F&B outlets, cafes and recreational facilities such as the Singapore Sports Hub and East Coast Park only make this area even more attractive and sought-after.
Terence Lian, head of investment sales at Huttons Asia, believes that plenty of developers would come forward with their offers towards the property, citing the great success of Tembusu Grand, a 638-unit condo located on Jalan Tembusu just off Tanjong Katong Road which sold 53% of its units in an average price of $2,456 psf at its launch weekend.
“We expect that there would be keen interest from several developers in view of the buoyant and brisk sale of Tembusu Grand, which bodes well for the collective sale of this 9,999-year Tanjong Katong site,” Lian says.
Deputy Head of Investment Sales at Huttons Asia, Angela Lim, believes that the potential development would be popular amongst young couples and professionals due to the array of convenient amenities present, as it is within a distance of five stops to City Hall Interchange and close to the Paya Lebar Commercial Hub.
The tender for 52 to 62H Tanjong Katong Road closes on May 9 at 2pm.…
Two shophouses at Perak Road up for sale at $13 mil
A pair of conservation shophouses located in the Jalan Besar/Little India precinct of Singapore, located at 6 and 7 Perak Road, have been listed for sale via tender. The properties carry a guide price of $13 million, which works out to a total floor area of 5,360 sq ft at a rate of $2,425 psf. The two-storey shophouses with mezzanine space are situated on a 2,870 sq ft land area with an 11.4m-wide frontage.
In close proximity to the Bugis area and surrounded by numerous amenities, the properties receive strong rental demand due to their well-maintained condition and prime location. The current owner has received multiple offers from prospective tenants, however the vendor is looking to sell the shophouses vacant.
With the tourism sector gaining strong momentum post-pandemic, these properties may be an ideal option for hostel operators looking to tap renewed interest for convenient and accessible accommodation among incoming tourists and travelers. Investors also stand to benefit from the potential capital growth and strong rental yield of over 3%.
The tender for the shophouses will close on May 8 at 3pm, and as they are zoned for commercial use, no additional buyer’s stamp duty is payable on the purchase.
Given the current climate of increased tourism and investment opportunities, these conservation shophouses are an attractive option for buyers looking to make a strong return on their investment. Situated in a prime location with minimal refurbishments required, the properties may provide a world of possibilities for their new owner.…
JLL promotes Sandeep Sethi to Asia Pacific division president for work dynamics
Sandeep Sethi has been appointed as JLL’s Division President of Work Dynamics in Asia Pacific. Sethi will oversee the real estate life cycle for occupiers, including integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience and lease transaction management. He brings with him 27 years of experience in the corporate sector, with 10 of those years at JLL.
Based in Gurgaon, Sethi will report to Susheel Koul, JLL’s CEO for Work Dynamics in Asia Pacific. He will be responsible for JLL’s North Asia market as well as growing JLL’s North Asia market share in Mainland China and Hong Kong.
Koul expressed his confidence in Sethi’s appointment, commenting that he is an “established leader and a respected client advisor with an astute understanding of the dynamic nature of commercial real estate.” Sethi’s appointment to the role reinforces JLL’s commitment to serving and diversifying their clients across Asia Pacific.
JLL recently published a report about the state of real estate investments in the Asia Pacific region for 2022-2023. The report predicts a 27 percent year-on-year decrease in real estate investment in 2022 due to interest rate hikes and cooling sentiment. Despite this bleak outlook, investors in the Asia Pacific region are seeing a potential opportunity in 2023.
This appointment joins Cushman & Wakefield’s recent senior leadership promotions in the Asia Pacific region, aimed at strengthening their position in the market. With Sandeep’s appointment, JLL has also taken a step further towards establishing and developing their business in the Asia Pacific region.…
Slow start to 2023 for real estate investment sales amid market uncertainties: Knight Frank
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Investments in Singapore’s real estate One Sophia market got off to a slow start in 2023, with only $4.2 billion of investments recorded in the first quarter. This marked a 61% decrease compared to the first quarter of 2022. The quarter recorded the lowest investment sales since the circuit breaker measures in the second quarter of 2020.
Residential deals amounting to $1.6 billion took place in the first quarter of 2023, with collective sales for Meyer Park, Bagnall Court and Holland Tower making up much of the total at $583.8 million. The sale of Holland Tower was the first successful residential enbloc transaction in the Core Central Region since property cooling measures were installed in December 2021, suggesting a return to prime location development sites with the reopening of China.
However, the gulf in price expectations between sellers and developers continues to be a challenge, with a collective sales success rate of only 33%. This is in comparison to a success rate of 63% in the years of 2017-2018. The key to revive the collective sales mechanism, Chia Mein Mein, head of capital markets (land and collective sale) at Knight Frank Singapore, states, is for owners to adopt reasonable price expectations, and for developers to appreciate the increased replacement costs of owners.
The commercial sector was relatively quiet in the first quarter, despite the sale of 39 Robinson Road to Yangzijiang Shipbuilding worth $399 million, and the acquisition of a 50% stake in Nex by Frasers Centrepoint Trust and Frasers Property worth $652.5 million. On the other hand, the industrial sector experienced an increase in investment sales, rising 62.8% q-o-q to $681.1 million.
As for the market outlook, Knight Frank predicts it to worsen before it gets better due to macroeconomic uncertainties and volatile global banking sector. This is leading to tougher financing for buyers, investors, developers and banks, meaning visible signs of global economic and financial stability are necessary before there is likely to be an uptick in investments. The consultancy has consequently adjusted its projections for full-year investment sales, from a range of $22 to $25 billion to a range of $20 to $22 billion.…
Shipyard at Benoi Road for sale at $11.3 mil
The property at 1 Benoi Road located at the junction of Benoi Road and Pioneer Road in Jurong Industrial Estate, boasting a site area of over 500,000 sq ft with waterfront access, has been launched for sale via and Expression of Interest (EOI) exercise at a guide price of $11.3 million. The property is suitable for shipbuilding, ship or vessel repair and maintenance, and includes a two-storey office block with a single-storey annexe office, three blocks of single-storey workshop, a mould loft building, a fabrication workshop and wharf.
Situated approximately 24km from the City Centre, the property is close to housing estates such as Jurong East, Jurong West, Bukit Batok and Boon Lay Gardens. With the nearby Ayer Rajah Expressway and Pan-Island Expressway facilitating access to other parts of the island, and Joo Koon MRT Station a five-minute drive away, the property enjoys an ideal location.
According to Isabel It, associate division director of Huttons Asia, the plot is regular in shape with a corner frontage of about 255m on Benoi Road and Pioneer Road, with an average plot depth of about 213m. To its east, the land has a roughly 230m frontage along the waterfront, and is generally at an access-road level with a flat contour.
Recent transactions of industrial property on Benoi Road have demonstrated its demand and value, with Lee Sze Teck, senior director of research at Huttons Asia citing a 328,105 sq ft plot at 5 Benoi Road in December 2020 as the most recent sale of similar usage. An existing shipyard with a site area of about 1.5 million sq ft at 55 Gul Road – about a 10-minute drive from 1 Benoi Road – was acquired by ST Engineering for $95 million in February.
Lee believes that the property for sale is an ideal choice for companies looking to expand their business, as the rarity of a plot of land of such size meant for vessel building or maintenance usage is rarely available for sale.
The sale is subject to approval from relevant authorities, with the EOI exercise for the property closing on April 27 at 3pm.…
GuocoLand sole bidder for Lentor Gardens GLS site at $985 psf ppr
A single bid of $486.8 million was submitted for the residential government land sale (GLS) site at Lentor Gardens, which closed today. The joint venture between GuocoLand and Intrepid Investments (a subsidiary of Hong Leong Group) translated to a land rate of $985 psf per plot ratio (psf ppr).
The two companies are envisioning a high-end residential development consisting of around 533 units and 600 sqm of childcare facilities. This is part of their plans to transform the Lentor Hills estate into a premium residential area including the 605-unit Lentor Modern integrated development, the 598-unit Lentor Hills Residences by GuocoLand, Hong Leong Holdings and TID (a joint venture between Hong Leong Holdings and Mitsui Fudosan).
Mark Yip, CEO of Huttons Asia, commented that the bid of $958 psf ppr for the Lentor Gardens site is the lowest for a land parcel in the Lentor precinct, and also the first residential GLS tender to have seen only one bid since the tender of the Silat Avenue GLS site in 2018.
The Lentor area has seen the sale of multiple GLS sites. Lentor Central was awarded to a consortium comprising China Communications Construction, Soilbuild Group Holdings and United Engineers, who submitted a bid of $481.03 million ($1,108 psf ppr). Additionally, TID (a joint venture between Hong Leong Group and Mitsui Fudosan) was the top bidder for Lentor Hills (Parcel B) at $276.36 million ($1,130 psf ppr).
A GLS site at Lentor Hills Road (Parcel A) was sold for $586.6 million ($1,060 psf ppr) in January 2022 and the future launch of the Lentor Hills Residences is expected.
Leonard Tay, head of research at Knight Frank Singapore, noted that the potential residential units from all seven sites in Lentor could bring about some 3,500 new units, along with 11,000 new residents in the area. He further highlighted that the Lentor Gardens site, located in close proximity to the Lentor MRT station, Thomson Nature Park and Yio Chu Kang Stadium, should appeal to potential homebuyers.
Steven Tan, CEO of OrangeTee & Tie, believes that the eventual launch at the site could see units priced around $1,950 to $2,050 psf.
The 99-year leasehold Lentor Gardens GLS site can potentially yield about 530 residential units. Its bid of $958 psf ppr is the lowest for a land parcel in the Lentor precinct and it is the first residential GLS tender to have seen just one offer since the tender of the Silat Avenue GLS site in 2018.
GuocoLand and Intrepid Investments (a subsidiary of Hong Leong Group) submitted the bid of $486.8 million, which translates to a land rate of $985 psf per plot ratio (psf ppr). The two companies are expecting to develop a new high-end residential development with around 533 units and 600 sqm of childcare facilities.
The site is within walking distance of the Lentor MRT station and close to CHIJ St Nicholas Girls’ School, Thomson Nature Park and Yio Chu Kang Stadium, which could attract homebuyers from all walks of life.
Mark Yip, CEO of Huttons Asia, explains that bids have been on a downward trend due to the cloudy economic outlook, along with the risk of being slapped with Additional Buyer’s Stamp Duty if all units cannot be sold within five years.
The two other GLS sites at Lentor are available on the 1H2023 GLS Programme. An upcoming 475-unit site at Lentor Central is expected to be launched later this month and a 500-unit residential site at Lentor Gardens is listed on the Reserved List.…
The Myst Condo City Developments Aries at Bukit Panjang Near to Hazel Park Condominium Cashew MRT Station
The Myst Condo Bukit Timah is a new development by City Developments Limited (CDL) Aries, is situated at Bukit Panjang and Cashew’s core. CDL Aries, a subsidiary of Singapore’s major non-government-controlled developer, has obtained the rights to the two adjoining plots at 798 and 800 Upper Bukit Timah Road in Tan Chong industrial park, located in the northwest of the city-state. This property, which covers 16,620 square metres (178,900 square feet), is ideally zoned for residential use with a plot ratio of 2.1. On the prime plot, the developer is permitted to build a structure up to 24 levels high.
In recent years, the city-state has explored various ways to revitalize the Bukit Timah vicinity. Among these strategies are the Railway Corridor project close to The Myst Condo, proposed to convert idle railway tracks into a shared space for the community, and the Beauty World revitalization scheme that seeks to sculpt a green urban village. Both plans are part of a broader agenda of enhanced connection and additional greenery in the area.
The Myst Condo is a 19-floor Hazel Park condominium building situated in close proximity to a range of schools, commercial spaces and parks, as well as the Tan Chong industrial park. It is also excellently connected to public transport, with the Cashew MRT station on Singapore’s Downtown Line just seven minutes away, and the old Bukit Timah railway station attainable in a 13 minute walk.
Having secured the Upper Bukit Timah site, CDL Aries is ideally placed to capitalize on the ongoing improvements and rejuvenation efforts in The Myst Condo district. As such, CDL will be able to create a residential project offering Singaporeans and investors alike the sought-after address that comes with the prestige and convenience of the area.
The Myst Condo offers direct access to Singapore’s city-state, while simultaneously providing its residents with a variety of amenities within easy reach. CDL can capitalise on the neighbourhood’s green spaces and revitalisation projects to construct a residential development that not only complements the area, but also gives those dwelling there a pleasant and comfortable lifestyle.
The arrival of CDL Aries in Upper Bukit Timah brings with it the potential for a brand new condominium tower. This development promises to take full advantage of the various planned projects in the neighbourhood, creating a residential space that will be highly sought-after by Singaporeans and investors alike. In order to launch such an ambitious project, CDL Aries recently acquired two plots of land for the sum of S$126.3 million ($92.5 million). This bold move is sure to propel the developer to new heights, and mark the beginning of a major residential venture in the area.
The Myst Condo is situated in an advantageous spot, even more so for its inhabitants, owing to the closeness of Bukit Panjang Integrated Transport Hub. This is a major bonus, with plenty of facilities and services available to those living there.
The Myst Condo, located near Bukit Panjang Transport Hub, provides convenience and flexibility to multigenerational families. With its proximity to the Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, commuters have a wide range of public transportation options designed to get them to their desired destinations with ease.
The Bukit Panjang Integrated Transport Hub is a perfect spot for those who are looking for easy access to public transportation. The location provides direct access to the Bukit Panjang MRT station. Additionally, the bus interchange and bus stops located at the hub allow commuters to transfer from bus to bus or from bus to train. This property also serves as a gateway to other nearby parts of the island, such as Jurong East, Bukit Batok, and Woodlands. Residents of The Myst Condo can take advantage of the many amenities available in the area. The Hillion Mall, a popular shopping destination, is directly connected to the property. The mall offers a variety of retail stores, dining outlets, and entertainment options. In addition to Hillion Mall, the town centre of Bukit Panjang provides plenty of shops and eateries, including a supermarket and food court.
Bukit Panjang Integrated Transport Hub is the 9th Integrated Transport Hub in Singapore, with The Myst Condo being conveniently connected to the nearby Hillion Mall. For those with young children, there are a few schools within walking distance, such as the renowned De La Salle School, as well as a number of international schools in the vicinity. This property enjoys easy access to public transportation, with the direct link to the Bukit Panjang MRT station and a bus interchange and bus stops allowing commuters to switch from bus to bus, or bus to train. Furthermore, the hub serves as an entryway to other parts of the island, including Jurong East, Bukit Batok and Woodlands. There are also a variety of amenities in the vicinity of The Myst Condo, such as the popular Hillion Mall which offers retail stores, dining options and entertainment, as well as the Bukit Panjang Town Centre, which features a supermarket and food court.
Located in a highly accessible area, The Myst Condo is just a 10 minute walk away from the nearest MRT station as well as several shopping malls. Residents have a range of amenities such as retail shops, supermarkets, dining options and entertainment outlets nearby to take their pick from. Additionally, nearby MRT stations like Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT offer further convenience. Residents can avail of the free shuttle bus service offered by the developer to the Bukit Panjang Downtown MRT for added convenience.
For those who prioritize convenience and accessibility, The Myst Condo is an ideal choice. Located within a half-hour’s walk of both Bukit Panjang MRT Station and Hillview MRT Station, the condo is close to a number of public transportation stops, including Bef Chestnut Avenue, Bukit Panjang Road, and Upper Bukit Timah Road. Even Orchard Road and the Central Business District can be reached in 25 minutes.
Nestled in a picturesque setting, The Myst Condo of the forest located at Bukit Timah Road is a highly sought-after residential condominium. Its lush tropical landscape with lush greenery and rolling hills offers breathtaking views of nature. Residents of this luxurious and exclusive condominium indulges in a serene and peaceful lifestyle and enjoys the natural beauty of the surrounding environment. With its convenient location and excellent amenities, it is no wonder why The Myst is one of the top addresses for an affluent lifestyle.
The Myst of the forest is well-known for its unencumbered view, which offers an extraordinary outlook of the encompassing natural landscape. From the upper floors of the condominium, inhabitants can take in the unparalleled sights of the Bukit Timah Nature Reserve and its lush green hills. The views span across the skyline, delivering an atmosphere of serenity and tranquility.
The Myst CDL of the forest is crafted to give inhabitants an atmosphere of elegance and ease. Modern features and facilities, including a pool, gym, tennis court, and a clubhouse, are included in the condominium. Additionally, a sky garden is provided to those living there, providing a peaceful spot for appreciating the scenery of the neighboring woodlands.
The Myst of the Forest is an ideal location to escape and de-stress. With its stunning scenery, lavish features, and feeling of serenity, it is the perfect spot for those looking to experience the beauty of the natural world. Residents of this luxurious condominium have quick access to the Bukit Timah Nature Reserve, making it the ideal place to take a leisurely stroll or a hike. The Myst of the Forest provides a tranquil atmosphere that allows for relaxation and rejuvenation.
The Myst Condo is a great option for those seeking a convenient and comfortable home, as it lies in the centre of Bukit Panjang, Singapore. It is within walking distance to the Bukit Panjang Integrated Transport Hub and Hillion Mall, providing residents with quick access to public transport and shopping and dining options at the nearby mall. This central location offers lots of conveniences, making The Myst Condo the perfect choice for those who value comfort and easy access to amenities.
Located only a 5-minute walk away from The Myst Condo, the Bukit Panjang Integrated Transport Hub makes it a breeze for islanders to get around. Residents who prefer the comfort of a train can make use of the Downtown Line or the Bukit Panjang LRT; whereas those who prefer buses can take advantage of the multiple bus services available. With such convenient access to the transport hub, residents have easy access to the city centre and other parts of Singapore.
Residents of The Myst Condo will surely benefit from its proximity to Hillion Mall, a bustling shopping, dining and entertainment spot in Bukit Panjang. This mall offers a host of retailers, eateries and recreational options, such as a cinema and a bowling alley, all within a 5-minute walk from the condominium. This makes it an absolute breeze for residents to take advantage of all the amenities the mall has to offer.
The Myst Condo is situated conveniently close to a variety of other amenities, making it an ideal spot for those seeking a family home. Schools, medical centres, banks, supermarkets, and other essential services can be found in the neighbourhood, making it easy for residents to access all they require. Furthermore, the Myst Condo is close enough to these amenities that one will never have to go too far to get what they need.
The Myst CDL at Cashew MRT Station is a modern, luxurious condominium development situated in the suburban area of Singapore. It offers a unique blend of modernity, comfort, and sustainability, to provide a perfect living experience for those in search of an eco-friendly environment. Residents can find an array of sustainable features incorporated into the development, such as energy-saving appliances and renewable energy sources, plus fashionable amenities such as a private swimming pool and fitness centre. With all these amenities, the Myst CDL at Cashew MRT Station is the perfect pick for anyone after green living.
The Myst is designed with a variety of landscaping features that focus on sustainability. Amidst the hustle and bustle of city life, residents are able to find an oasis of tranquility in the rooftop garden. Filled with lush vegetation, and equipped with rainwater harvesting systems, it allows for an escape from the everyday while also helping to conserve resources. Taking advantage of the garden, residents can enjoy nature and reap the benefits of sustainability.
The Myst Condo Upper Bukit Timah Road is a perfect example of sustainable living. Its landscaping design is equipped with native plants and trees that are drought-tolerant and require minimal maintenance. In addition, organic fertilizers and composting systems are used to reduce the need for chemical fertilizers. Furthermore, a water-efficient irrigation system has been implemented to help cut down on water consumption. All of these features make The Myst Condo a great place to live sustainably.
The Myst Condo at Bukit Panjang offers residents a luxurious living experience coupled with sustainability features. The development boasts landscaping features such as rooftop gardens, energy-efficient lighting, solar panels, native plants, organic fertilizers, composting systems, water-efficient irrigation, and recreational facilities – all of which contribute to an eco-friendly living Marina Gardens Condo experience. For those looking for an environmentally conscious living space, The Myst Condo promises to be an ideal choice.
Hillview is close to Bukit Timah Nature Reserve, a popular spot for joggers, cyclists, and nature lovers. Bukit Panjang, a former hillock estate, is famously known for its shopping mall, Hillion Mall. Its location is favorable because it has direct access to the Bukit Panjang Integrated Transport Hub.
District 23, which encompasses Choa Chu Kang, Bukit Batok, Hillview, and Bukit Panjang, is a desirable destination for both property buyers and renters. The area got its name from the Teochew language word “kangchu,” referring to the plantation owners of the former kampungs. Nowadays, these settlements have been developed into modern neighborhoods, featuring well-connected public transportation and two shopping centers. Lot One Shoppers’ Mall, near the Choa Chu Kang MRT station, offers a vast selection of retail and dining options.
Visitors can also experience the locality’s agricultural roots by walking through Choa Chu Kang Park. Bukit Batok is renowned for its natural features such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill, and Little Guilin, which is a scenic site resembling the Guilin region in China and boasts of granite rocks surrounded by a lake. West Mall is the primary shopping center in Bukit Batok, consisting of a library, post office, and cinema. Hillview is located close to the popular Bukit Timah Nature Reserve, ideal for outdoor activities like jogging, cycling, and birdwatching. Bukit Panjang, which used to be a hillock estate, is famous for its Hillion Mall, which stands near the Bukit Panjang Integrated Transport Hub.
With an area of 25,500 hectares, the West Region is Singapore’s largest region. Jurong East is the regional hub, while Jurong West is the most heavily populated town. This area plays host to many international heavy industry firms, including BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell, who work primarily in the petrochemical sector. To further develop the West Region, the government has announced plans to transform the Jurong Lake District and Jurong Innovation District into Singapore’s second Central Business District. In addition, the Tuas Mega Port, due for completion in the 2040s, is expected to become the world’s largest single container port with an annual capacity of 65 million TEUs.
The Downtown Line (DTL) is a revolutionary development in Singapore’s public transportation system. It is the 5th MRT line to be built and provides access to areas previously not served, such as Bukit Panjang, Bukit Timah and Bedok Reservoir. Comprising of 34 stations, the DTL offers commuters a convenient means of travelling across the city, with seamless access to the city’s central core. Those living in the Bukit Panjang to Bukit Timah area experience 30% shorter journey times into the city centre and those in the east benefit from a decrease in bus trips and quicker commutes.
The Downtown Line (DTL) has enhanced connectivity to the Central Business District (CBD) area, providing faster journey times from Millenia Walk to Marina Bay Sands and City Hall Fringe. The recently opened DTL3 has extended the line by 21 km, allowing direct access to Tampines Regional Centre and Changi Business Park without the need to transfer mid-journey. The Downtown Line now totals 42 km, making it the longest underground MRT line in Singapore with no intermediate stops.
The Myst by CDL is an exclusive mid-sized condominium project which offers residents an exceptional living experience. Residents can enjoy top-notch facilities and amenities such as a 50-meter pool, a large clubhouse, and tennis courts. Being the latest private condominium by CDL, it makes The Myst the perfect residence for families with children as it is within close proximity to renowned educational institutions, like Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. It also provides easy access to various shopping and dining venues, enrichment centres and childcare services being close to shopping hubs like Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall, and the upcoming The Reserve Residence Mall.
Situated on a plot of two adjoining pieces of land, The Myst has a gross area of roughly 179,007 square feet. It is conveniently located near Cashew Estate, granting potential buyers the benefit of owning a residence in an exclusive Good Class Bungalow Area (GCBA). The last new development in this area happened nearly 10 years ago with the Espa condominium project which was finished in 2010.
The strategic position of The Myst enables City Developments Ltd to deliver special attributes to these residences. The enviable location allows for the company to present an array of offerings that are not available in other places. They can provide these tenants with an array of facilities that bring added value to their homes. With such a great position, it is easy to understand why City Developments Ltd are able to offer such favourable amenities.
The Myst CDL at Bukit Panjang is a luxurious residential property that offers sustainable and green living in one of Singapore’s most bustling and vibrant cities. Here, one can enjoy being enveloped in a tranquil and lush setting, allowing for the perfect balance of city living and nature. This stunning residential property provides its residents with the best of both worlds.
The Myst, formerly Tan Chong Industrial Park, features a range of smart and green features, making it the perfect choice for eco-conscious residents. Its clever design and prudent utilisation of resources make it among the most sustainable property developments in the area. Smart and green details can be found throughout, from energy-efficient lights and water-saving devices, to the use of recycled materials in its construction. This makes the Myst not only one of the most sustainable residential options, but also one of the most desirable.
The Myst has been engineered with sustainability in mind, making use of various advanced green technologies to decrease energy consumption. On-site features include highly efficient air-conditioning systems, intensive lighting and motion sensors, as well as top-notch appliances that are structured to conserve power. In addition, double-glazed windows and insulation are provided to reduce heat loss and enhance energy efficiency. The building also features a roof terrace that offers 360-degree views of the surrounding area.
The Myst Condo is designed to let in plenty of natural light and air circulation. It boasts floor-to-ceiling windows and balconies that maximize natural light and breeze. The balcony moreover serves as a green space, with verdant landscaping offering stunning views of the cityscape. The condominium also comes equipped with a roof terrace to provide 360-degree views of the surrounding environment.
Situated near to The Myst Condominium at Bukit Panjang, Zhenghua Nature Park is an ideal location for nature enthusiasts and wildlife spotters. It encircles Central Catchment Nature Reserve and acts as a natural shield to it. Birdwatchers will be thrilled to see a variety of birds taking refuge in the park, while animal lovers can keep a lookout for squirrels, monitor lizards, and long-tail macaques. Whether you’re strolling or cycling around, the trails in the park have an interesting mix of fun-filled and gentle routes.
The Myst Condo is a great place to live for those seeking access to many amenities and activities. Within walking distance of the property, there are a plethora of stores, restaurants, and services for one to enjoy. Additionally, Bukit Panjang Plaza, just a stone’s throw away, offers a multitude of entertainment and shopping options, such as a shopping mall, cinema, and food court. All in all, The Myst Condo is perfectly situated for those who want to take advantage of the many facilities in the neighbourhood.
Situated in close proximity to a range of green spaces and recreational facilities, The Myst Condo is an ideal location for those seeking an outdoor lifestyle. Homeowners can find solace in Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park, all of which offer an abundance of walking and cycling trails. Additionally, a wealth of playgrounds and other leisure activities are available. For those who love swimming, the nearby Bukit Panjang Swimming Complex offers an Olympic-size pool to take a dip in.
The Myst Condo presents occupants with great accessibility to a selection of medical institutions. Just a short stroll away, relatives and friends can comfortably visit the Bukit Panjang Polyclinic, which supplies a broad range of healthcare services. In addition, the condo is also situated close to the National University Hospital, the Sengkang Clinic, and the Tan Tock Seng Hospital. The MRT station also provides connections to other parts of Singapore.
Residents of The Myst Condo are provided with a range of transportation options. Nearby MRT stations, bus services, and LRT services offer a convenient way of getting around. The Bukit Panjang Bus Interchange provides a variety of buses for commuters. Moreover, a free shuttle bus service offered by the developer to the Bukit Panjang Downtown MRT station allows for hassle-free access to different parts of Singapore.
Families looking for a comfortable and convenient living environment will find The Myst Condo a perfect fit. Located in Bukit Panjang, this property offers easy access to public transportation, shopping, and recreational activities, making it an excellent choice for homeowners who value convenience. With its convenient location and modern amenities, The Myst Condo is sure to meet the needs of any family looking for a place to call home.
The Cashew Estate is a lovely rural area with numerous attractions for nature-lovers and active types. Chief among its amenities is the Rail Corridor, a path for joggers, cyclists, and hikers that stretches from Tanjong Pagar Railway Station to Kranji MRT Station. Guests of two upcoming projects, The Reserve Residences at Beauty World and The Botany at Dairy Farm, can gain direct access to the Corridor. The whole estate is also conveniently located close to the Bukit Timah Nature Reserve, which provides additional opportunities for outdoor exploration. Those who decide to stay at the Cashew Estate will be mesmerized by its peaceful natural setting, while also enjoying easy access to modern luxuries.
The Cashew to Bukit Timah area offers an ideal location for accessing excellent educational institutions. The Myst has a side gate with access to the Cashew MRT station on the Downtown Line, within 5 minutes’ walking distance. Along with being close to the National University of Singapore, both Ngee Ann Polytechnic and Singapore Polytechnic can be reached in no more than 15 minutes on the bus. For those looking for a property in the vicinity of top schools, the Cashew to Bukit Timah area is an excellent choice to consider. Some of the renowned schools nearby MRT stations in that area include:
Hillview MRT Station (DT3) serves as the gateway to two of Singapore’s educational institutions: German European School and St. Francis Methodist School. The station is conveniently located near both schools, providing easy access for students and parents. Available amenities include bike-sharing services, a taxi stand, multiple public buses, and a sheltered walkway.
For students and staff at German European School, Hillview Station provides a direct link between the school and the city. It is located just a few minutes away from the school and provides a convenient way for students and staff to get around.
Meanwhile, St. Francis Methodist School is located a short walking distance from Hillview Station. The sheltered walkway at the station makes it easy for students and staff to get to and from school, while the bike-sharing services provide a faster, more convenient alternative.
In conclusion, Hillview MRT Station (DT3) serves as the gateway to two of Singapore’s educational institutions: German European School and St. Francis Methodist School. It offers easy access to both schools through its bike-sharing services, taxi stand, multiple public buses, and sheltered walkway. The station provides a direct link to the city for German European School and is located a short walking distance from St. Francis Methodist School.
Beauty World MRT (DT5) is conveniently located near several educational institutions: Bukit Timah Primary School, Pei Hwa Presbyterian Primary School, and DIMENSIONS International College (Bukit Timah Campus). This makes it an ideal location for parents or students who are looking for a convenient and accessible commuting option to these schools.
King Albert Park MRT (OTP) is strategically located close to several prominent educational institutions – Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School, and Singapore Korean International School. Thus, making it an ideal residential address for many families, who are looking for a convenient and accessible location to call home.
The Sixth Avenue MRT Station (DT71) is conveniently located near Nanyang Girls’ High School, providing easy access to the school. This station is serviced by the Downtown Line and is well-equipped with amenities such as ticketing machines, concourse barrels, fare gates and security surveillance to ensure a pleasant commuting experience. Furthermore, the station also boasts numerous connecting bus services that take commuters to various residential and commercial areas in Singapore. For those travelling by car, there is also a convenient carpark located at the station. With these features, Sixth Avenue MRT (DT71) provides easy access to Nanyang Girls’ High School, making it a great option for commuters.
Tan Kah Kee MRT Station (DT8) is located nearby to a number of renowned educational institutions such as National Junior College, Hwa Chong Institution, Hwa Chong International School, and Raffles Girls’ Primary School. These institutions are all within close proximity to the station, providing an opportune access point for students and staff.
Botanic Gardens MRT (DT9) is an easy way to get to the National University of Singapore (NUS) Bukit Timah Campus. The station is located close to the campus, making it a convenient choice for those travelling to and from the university. The station is also served by a variety of buses, making it even more accessible. Passengers alighting at Botanic Gardens MRT (DT9) will have a short walk to the NUS campus, making it an ideal option for those looking to get to the university quickly and easily.
Newton MRT (DT10) is a station on the Downtown Line in Singapore. It is located near Newton Circus and is a short walk away from Anglo Chinese School (Barker Road). The station provides convenient access for those coming from the school and the wider Newton area. It is well connected to the rest of the city via the Downtown Line, providing easy access to key destinations such as the city centre, Marina Bay and Orchard Road.
, and BPGLC Shopping Centre. These shopping centres provide a great range of amenities and food selection, making it convenient and enjoyable for the residents of The Myst Condo. Living near to a shopping centre at The Myst Condo makes life easier and less stressful. You have access to all the things you need and can easily find out what you are looking for. Plus, you can save time and money with the discounts and other benefits found in these shopping centers.
The Myst Condo is conveniently situated close to an array of shopping centres located in Bukit Panjang and Cashew MRT Station. These produce a broad range of amenities and options of food selections to gratify the needs of the occupants of The Myst Condo. The advantage of living in an urban apartment close to a shopping centre is immense. Having to traverse from store to store, in search of a product which may not be available at any of the stores is a source of frustration. The beneficial proximity of The Myst Condo to nearby shopping centres furnishes a plentiful choice of goods and commodities which are rare to find in smaller stores. Further, there is no need to go far and drive to any distant store or resort to taking bus, all it takes is a few steps from The Myst Condo.
Moreover, this affords the residents a chance for more time to dedicate to things that are important to them at The Myst Condo. Shopping centres are also preferred over smaller stores due to the sheer selection of products available in them. Where almost anything can be found in malls, stores can be found to be lacking some items. Furthermore, discounts, better prices and other incentives found in malls are not as appealing while shopping at smaller stores. Furthermore, the shopping experience becomes a fun and convenient one in malls. One can easily find what they are looking for in a short amount of time and can then move forward towards other activities such as a movie or a snack.
Shopping centres adjacent to The Myst Condo include Bukit Panjang Plaza, Fajar Shopping Centre, Hillion Mall, Junction 10, Bukit Panjang Hawker Centre, Cashew Village, Senja Cashew Community Centre, Cashew Heights Shopping Centre, and BPGLC Shopping Centre. These malls provide a great selection of amenities and food options, rendering it pleasurable and convenient for the dwellers of The Myst Condo. Thus, residing near a shopping centre at The Myst Condo makes existence less stressful and more comfortable. Residents have access to all the necessities and can search for precisely what they need with ease. Moreover, they can save time and money as these shopping centres provide discounts and other benefits.
The Myst Condo by CDL is an iconic luxury development situated in the heart of Bukit Timah, Singapore. With its lush greenery and nature reserves, it’s the perfect place to escape the busy city life. The development is conveniently situated on Upper Bukit Timah Road, granting easy access to the city centre.
The Myst Condo by CDL is a luxurious residence offering a broad array of cutting-edge facilities and amenities. With the convenience of shopping, dining, and entertainment options just around the corner, the residence is a great choice for those looking for a convenient and comfortable living experience. Relax and rejuvenate with the fully-equipped gym, swimming pool, Jacuzzi, and yoga pavilion. Further, there is also a children’s play area, BBQ pits, and a landscaped garden for the utmost enjoyment of all.
The Myst Condo by CDL is a great place to stay if you’re looking to be close to nature. With its close proximity to several nature reserves, such as the Singapore Botanic Gardens and Bukit Timah Nature Reserve, you can easily engage in outdoor activities like hiking, biking, and bird watching. Having a home in The Myst Condo by CDL means you’ll never be too far away from a beautiful outdoor escape.
The Myst Condo by CDL is a superb option for those seeking a luxurious lifestyle in a tranquil atmosphere. Set in close proximity to various nature reserves and parks, this residential property offers a great compromise between city living and the beauty of the outdoors. These parks include 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.…
Exploring the Perks of Living Near the Bukit Panjang Integrated Transport Hub
Living near the Bukit Panjang Integrated Transport Hub is a great way to enjoy convenience and connectivity, as well as access to a variety of amenities. This hub is located in the western part of Singapore, and it is a connection point for the Bukit Panjang Light Rail Transit, the Downtown Line and several bus services. This means it’s easy to get to most places in Singapore without having to take a long drive.
One of the main perks of living near this hub is the convenience it offers. From here, you can easily access the nearby malls and shopping centres, such as the Bukit Panjang Plaza. These malls offer a wide range of amenities, from supermarkets and cinemas to fashion stores and beauty salons. You can also find a variety of restaurants, cafes and takeaway outlets in the area, giving you plenty of dining options.
Another great benefit of living near the Integrated Transport Hub is the easy access to public transport. The Light Rail Transit, Downtown Line and bus services make getting around the city easy and convenient. This means you can easily get to the CBD and other parts of Singapore without having to drive. It also makes it easier to get to the airport, hospitals and other places you may need to visit.
Living near the Bukit Panjang Integrated Transport Hub also provides access to a wide range of leisure activities. There are plenty of parks and green spaces in the area, as well as sports facilities, libraries and community clubs. You can also find a number of educational institutions, such as schools and universities, nearby.
Finally, living near the Bukit Panjang Integrated Transport Hub is a great way to enjoy a safe, secure and comfortable lifestyle. The area is well-maintained and monitored by the police, making it a safe place to live. It’s also a great place to live if you want to be close to nature, as there are plenty of parks and green spaces in the vicinity.
Overall, living near the Bukit Panjang Integrated Transport Hub is a great way to enjoy convenience and connectivity, as well as access to a variety of amenities. It’s an excellent choice for those who want to enjoy a safe and comfortable lifestyle while still being close to the city centre.
Living near the Bukit Panjang Integrated Transport Hub comes with numerous perks that can improve the quality of life of those who live in the area. The Bukit Panjang Integrated Transport Hub (BPITH) is a public transport hub located in the Bukit Panjang district of Singapore. It is the first integrated public transportation hub of its kind in the country, linking multiple public transport services in a single space.
The BPITH offers a variety of public transport options, including bus services, Light Rail Transit (LRT) lines, and MRT lines. This makes it easy for residents to get around the city with ease. Additionally, the hub also provides a range of other amenities, such as shops, food outlets, and even a cinema. This makes the area a great place to live for those who want to enjoy an urban lifestyle.
The BPITH also offers a range of convenient services for those who live in the area. For instance, the hub has a community centre that provides free Wi-Fi and other services, as well as a library and a range of other activities. This makes it easier for residents to access the amenities they need. Additionally, the hub is also home to a medical centre, making it easy for residents to access medical care if they need it.
Living near the BPITH also offers access to a range of green spaces. The Bukit Panjang Integrated Transport Hub is close to several parks and green spaces, including the Bukit Panjang Park and the Bukit Panjang Nature Reserve. This makes it easy for residents to access nature and enjoy outdoor activities. Additionally, the green spaces also provide a great opportunity to take part in sports and other recreational activities.
Finally, living near the BPITH can also offer residents easy access to a range of entertainment options. The hub is close to several shopping malls and entertainment venues, making it easy for residents to enjoy a night out or a shopping trip. Additionally, the area is home to several cinemas, making it easy for residents to watch the latest blockbusters.
In conclusion, living near the Bukit Panjang Integrated Transport Hub can offer numerous advantages to those who live in the area. From convenient transportation options and access to green spaces to a range of amenities and entertainment venues, the hub provides a great opportunity for those who want to enjoy an urban lifestyle.…
Investing in Bukit Panjang: Examining the Profitability of Property Investments
Bukit Panjang is a suburban town located in the Central Region of Singapore. It is one of the most popular residential areas in the city and is well-known for its excellent amenities, public transportation, and proximity to the Central Business District. Investing in Bukit Panjang can be a profitable venture for those looking for a long-term investment in the city.
When it comes to investing in Bukit Panjang, there are several factors that need to be taken into consideration. First, the area is known for its low crime rate and its proximity to the Central Business District. This means that it is an attractive destination for potential tenants, as they can easily access their workplace without having to travel too far. Second, the town is well-connected to the other parts of Singapore via public transportation, making it easy for people to get to and from their homes.
In terms of property appreciation, Bukit Panjang has seen a steady growth over the years. The area is known for its quality housing options, which are becoming increasingly popular with both locals and expats. Furthermore, the town is home to several international schools, hospitals, and shopping malls, making it a desirable location for those looking for a good return on their investment.
When it comes to rental yield, Bukit Panjang has one of the highest in the city. This is due to the fact that many of the properties in the area are in high demand due to its excellent amenities, as well as its proximity to the Central Business District. Furthermore, the area is well-connected to the other parts of Singapore via public transportation, making it easy for tenants to get to and from their homes.
Overall, investing in Bukit Panjang can be a profitable venture for those looking for a long-term investment in the city. The area is known for its low crime rate, excellent amenities, and high rental yields. Furthermore, the town is well-connected to the other parts of Singapore via public transportation, making it easy for people to get to and from their homes. For those looking for a good return on their investment, Bukit Panjang is definitely worth considering.
Bukit Panjang is an up and coming area in Singapore that is rapidly growing in popularity. With its convenient location, excellent transportation links and attractive pricing, it is becoming increasingly attractive to investors who are looking for a good return on their investments.
Bukit Panjang has a range of different property types and prices, so investors have plenty of options to choose from. The area is home to a variety of residential properties, including apartments, condominiums and landed properties, as well as commercial properties such as office buildings and retail outlets. The area is particularly popular with expatriates and young professionals, who are drawn to its convenient location and competitive prices.
When it comes to investing in Bukit Panjang, the key to success is to research the market thoroughly and make sure you understand the local property market trends. Property prices in the area can be volatile, so it is important to keep an eye on the market and be prepared to make adjustments if necessary.
In terms of potential returns, there are a number of factors which can influence the profitability of an investment in Bukit Panjang. Property prices are largely determined by the size of the property, its location, and its condition. In addition, the current tenant situation, the availability of amenities, and the local economy all have an impact on the value of a property in the area.
The potential for capital growth is also important to consider when investing in Bukit Panjang. The area has seen some rapid growth in recent years, and there is potential for further growth in the future. In addition, rental yields in the area are generally higher than the national average, and rental demand has increased significantly since the introduction of the new MRT line.
Overall, investing in Bukit Panjang can be a profitable venture. The area has seen significant price appreciation in recent years, and there is potential for further growth in the future. In addition, rental yields are higher than the national average, and rental demand is on the rise. For those looking to make a profitable investment, Bukit Panjang is a great choice.…
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