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One Bernam Nears Sellout 99 Sales After Weekend Promotion Only Three Penthouses Left

Posted on January 14, 2025

By adpOne Bernam, the mixed-use development in Tanjong Pagar, offered 87 units for sale at promotional prices over the weekend of Jan 11 to 12. The project, which has a 99-year leasehold and consists of 351 residential units, is a joint venture by MCC Land and Hao Yuan Investment.

Launched in May 2021, One Bernam has seen healthy sales with over 75% of its units sold as of Jan 10, at an average price of $2,585 psf.

During the weekend promotion, the remaining 87 units – ranging from one-bedroom to three-bedroom units and penthouses – were offered at discounted prices.

Search for new launches to stay updated on the latest transaction prices and available units.

For the one-bedroom units, which range from 441 sq ft to 463 sq ft, discounts of $323,000 to $438,000 were offered, with units sold at prices between $1.295 million ($2,934 psf) and $1.328 million ($2,869 psf).

In summary, purchasing a condo in Singapore is a smart investment choice due to its numerous benefits, such as high demand, potential for capital appreciation, and attractive rental yields. However, before making a decision, it is crucial to carefully consider various factors such as location, financing, government regulations, and market conditions. By conducting thorough research and seeking advice from professionals, individuals can make well-informed decisions and maximize their returns in Singapore’s ever-changing real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer searching for a stable and profitable investment, Singapore condos offer a compelling opportunity. So, if you are interested in investing in a condo, do not hesitate to explore the options available at Condo and make the most out of the dynamic real estate market in Singapore.

Meanwhile, prices of two-bedroom units (700 sq ft to 732 sq ft) were discounted by $437,000 to $668,000, with units sold at prices between $1.752 million ($2,394 psf) and $1.78 million ($2,544 psf).

For the two-bedroom plus study units (807 sq ft to 872 sq ft), discounts ranging from $380,000 to $800,000 were offered, with units sold at prices between $2.139 million ($2,581 psf) and $2.158 million ($2,475 psf).

For three-bedroom units (1,421 sq ft), buyers enjoyed discounts ranging from $616,000 to $830,000, with units sold at prices between $3.496 million ($2,461 psf) and $3.526 million ($2,482 psf).

According to Marcus Chu, CEO of ERA Singapore, the project’s sales performance reflects strong interest and potential for the property as a stable asset. He also shared that about 78% of purchasers bought units as investments, with 87% of the buyers being Singaporeans aged between 31 and 50.

Following the overwhelming response over the weekend, only three penthouses are still available for sale, bringing the total sales to 99%. These include two three-bedroom penthouses of 1,744 sq ft and 1,948 sq ft, and one five-bedroom unit of 4,306 sq ft.

As the project is expected to obtain a Temporary Occupation Permit (TOP) in March 2026, investors can start generating rental income to support their loan instalments. Based on EdgeProp Landlens data, existing apartment projects in the area, such as Altez, Eon Shenton, and 76 Shenton, command rental rates ranging from $6.90 psf to $7.40 psf.

Looking ahead, Chu believes that the reduced competition from foreign buyers due to the increased Additional Buyer’s Stamp Duty (ABSD) in 2023 has opened up more opportunities for local buyers to enter the market. He also states that local demand is expected to continue driving the Central Core Region (CCR) properties, with competitive pricing making these developments an attractive and stable investment choice.

Stay updated on One Bernam properties by checking out the latest listings and price trends on EdgeProp Buddy. You can also compare the price trends of new sale condos and resale condos, as well as check out the buyer profile for One Bernam.

Additionally, browse through upcoming new launch projects and condo rental listings in District 2 to stay informed about the latest property developments.…

One Bernam Nears Sellout 99 Sales After Weekend Promotion Only Three Penthouses Left

Posted on January 14, 2025

Over the weekend of Jan 11 to 12, One Bernam, a mixed-use development with 351 residential units located in the heart of Tanjong Pagar, launched a promotion for 87 of its remaining units.

Developed by joint developers MCC Land and Hao Yuan Investment, the 99-year leasehold apartment tower had initially launched in May 2021 and has already recorded a strong sales record. As of Jan 10, over 75% of the units have been sold at an average price of $2,585 psf based on caveats lodged.

During the weekend promotion, all remaining units, including one-bedroom to three-bedroom units and penthouses, were offered at promotional prices.

Interested buyers can visit New Launches to find out the available units and transaction prices.

The one-bedroom units, which range from 441 sq ft to 463 sq ft, saw discounts of $323,000 to $438,000, with prices ranging from $1.295 million ($2,934 psf) to $1.328 million ($2,869 psf). Similarly, the two-bedroom units, with sizes ranging from 700 sq ft to 732 sq ft, offered discounts from $437,000 to $668,000, with prices from $1.752 million ($2,394 psf) to $1.78 million ($2,544 psf). The two-bedroom plus study units, which range from 807 sq ft to 872 sq ft, had discounts ranging from $380,000 to $800,000, and were sold at prices from $2.139 million ($2,581 psf) to $2.158 million ($2,475 psf).

The three-bedroom units, with a size of 1,421 sq ft, offered discounts ranging from $616,000 to $830,000, with prices from $3.496 million ($2,461 psf) to $3.526 million ($2,482 psf).

Out of all the units sold, about 78% were purchased as investments, according to Marcus Chu, CEO of ERA Singapore. Additionally, 87% of the buyers were Singaporeans, with 70% falling in the age range of 31 to 50.

Following the overwhelming response over the weekend, only three penthouses remain available for sale, bringing the total sales to 99%. These include two units of three-bedroom penthouses with sizes of 1,744 sq ft and 1,948 sq ft, and a five-bedroom unit with a size of 4,306 sq ft.

To sum up, the decision to invest in a condominium in Singapore can bring about numerous benefits. These include a high demand for the property, potential for growth in value, and attractive rental yields. However, it is crucial to carefully take into account various factors such as the condominium’s location, financing options, government regulations, and the current market conditions. By conducting thorough research and seeking professional advice, investors can make well-informed decisions and maximize their returns in the dynamic real estate market of Singapore. Whether you are a local investor looking to diversify your portfolio or a foreign buyer in search of a stable and profitable investment, the latest launches of new condos in Singapore provide a compelling opportunity to achieve your investment goals. So, consider all aspects carefully and make a wise investment choice. Don’t forget to check out New Condo Launches for the latest updates and options.

One Bernam is scheduled to obtain a Temporary Occupation Permit (TOP) in March 2026, which is expected to start generating rental income for investors and supporting their loan instalments.

Based on rental data from EdgeProp Landlens, existing condo projects in the area, such as Altez, Eon Shenton, and 76 Shenton, have average monthly rents ranging from $6.90 psf to $7.40 psf.

Looking ahead, Chu believes that the reduced competition from foreign buyers due to the hike in Additional Buyer’s Stamp Duty (ABSD) imposed in 2023 will open up more opportunities for local buyers to enter the market. He also expects local demand to continue driving the property market in the Central Core Region (CCR), with competitive pricing making developments like One Bernam an attractive and stable investment option.

For more information on One Bernam properties, interested buyers can visit Ask Buddy, view recent sale transactions, compare prices of HDBs, condos, and landed properties, view the total number of units in One Bernam, and track the price trend for the development.…

One Bernam Nears Sellout 99 Sales After Weekend Promotion Only Three Penthouses Left

Posted on January 14, 2025

Over the weekend of January 11th and 12th, One Bernam, a mixed-use development in Tanjong Pagar consisting of 351 residential units, offered 87 units for sale at promotional prices. The project, which has a 99-year leasehold, is a joint effort between developers MCC Land and Hao Yuan Investment and was first launched in May 2021. As of January 10th, over 75% of the units had been sold at an average price of $2,585 per square foot (psf).

During the weekend promotion, all remaining units, including one-bedroom to three-bedroom units and penthouses, were offered at discounted prices. Interested buyers can search for the latest New Launches to find out the transaction prices and available units. The one-bedroom units, which range from 441 to 463 square feet, saw price discounts of $323,000 to $438,000, with units selling for $1.295 million ($2,934 psf) to $1.328 million ($2,869 psf). Two-bedroom units, ranging from 700 to 732 square feet, had price discounts of $437,000 to $668,000, with units sold for $1.752 million ($2,394 psf) to $1.78 million ($2,544 psf). Two-bedroom plus study units, ranging from 807 to 872 square feet, saw discounts of $380,000 to $800,000, with units selling for $2.139 million ($2,581 psf) to $2.158 million ($2,475 psf).

Three-bedroom units, with a size of 1,421 square feet, had discounts ranging from $616,000 to $830,000, with units selling for $3.496 million ($2,461 psf) to $3.526 million ($2,482 psf). The sales performance of One Bernam, according to ERA Singapore CEO Marcus Chu, showcases the strong interest in the property as a stable and high-potential asset. Chu adds that 78% of purchasers bought units as investments, and 87% of buyers were Singaporeans, with 70% aged between 31 and 50.

After the overwhelming response over the weekend, there are currently only three penthouses available for sale, bringing total sales to 99%. This includes two three-bedroom penthouses, with sizes of 1,744 and 1,948 square feet, and a five-bedroom penthouse with a size of 4,306 square feet.

With the project scheduled for completion in March 2026, investors can expect to generate rental income and use it to support their loan instalments, according to Chu. Comparable apartments in the area, such as Altez, 76 Shenton, and EON Shenton, are currently renting for $6.90 to $7.40 psf per month, according to EdgeProp Landlens data.

Looking ahead, Chu believes that the reduction in competition from foreign buyers due to the increased Additional Buyer’s Stamp Duty (ABSD) in 2023 has created more opportunities for local buyers to enter the market. He also expects local demand to continue driving CCR property prices in the future, with competitive pricing making these developments an attractive and stable investment option. Interested buyers can ask Buddy for more information or compare the price trends of HDB, Condo, and Landed properties or view recently launched projects and those that have recently obtained TOP. One Bernam has a 99-year leasehold, and the buyer profile for the development is mostly local buyers.

There are crucial factors to consider when it comes to investing in a condo in Singapore, one of which is the impact of government property cooling measures. The Singaporean government has implemented several measures over the years to control speculative purchasing and maintain a steady real estate market. One of these measures is the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign investors and those buying multiple properties. Although these measures can affect the immediate profitability of condo investments, they also contribute to the long-term stability of the market, creating a more secure investment environment. Investing in a condo in Singapore has its challenges, but the government’s efforts to regulate the market ultimately benefit both investors and the overall economy.…

Redas Appoints New Management Committee Led Returning President Tan Swee Yiow

Posted on January 11, 2025

The Real Estate Developers’ Association of Singapore (Redas) recently held its Annual General Meeting on Jan 9, where they elected a new management committee for a two-year term. The committee comprises a diversified group of professionals, each with different expertise and experience, to effectively drive initiatives that will positively impact the built environment ecosystem.

Chairman of Keppel Reit Management, Tan Swee Yiow, has been unanimously re-elected as President for his second consecutive term. Tan expressed his honor at being re-elected and noted the broad representation across sectors, scales, and expertise within the industry that is included in the new management committee.

The committee includes Immediate Past President Chia Ngiang Hong, Group General Manager of City Developments; First Vice President Kwee Ker Wei, Director of Pontiac Land Group; Second Vice President Marc Boey, Executive Director of Project Services at Far East Organization; Honorary Secretary Chong Hock Chang, Group Director of Projects and Marketing at Ho Bee Land; Honorary Treasurer Neo Soon Hup, COO of UOL Group; Honorary Assistant Secretary Chew Peet Mun, Managing Director of Investment and Development at CapitaLand Development Singapore; and Honorary Assistant Treasurer Tho Leong Chye, Managing Director of Allgreen Properties.

At the meeting, Chia Ngiang Hong congratulated the new management committee and expressed his confidence in the leadership of Tan, who was unanimously re-elected, reflecting the trust placed in him by the Redas community.

As foreign investors look towards Singapore for property investments, it is crucial to have a thorough understanding of the regulations and restrictions imposed on property ownership. Unlike landed properties, which have more stringent ownership guidelines, foreigners can typically purchase condos without much hindrance. However, it is important to note that foreign buyers are subject to the Additional Buyer’s Stamp Duty (ABSD) – currently set at 20% – for their first property purchase. Despite the added costs, the stability and potential for growth in the Singapore real estate market continue to entice foreign investors. The growing number of Singapore Projects further strengthens its appeal as a lucrative investment destination.

According to Tan, the diversity of the new management committee will enable the association to drive initiatives that will have a meaningful impact on the broader built environment ecosystem. This includes advocating for the implementation of the Environmental, Social, and Governance (ESG) framework and green premiums, which were discussed at the recent RICS-REDAS conference. The association will also look into suggesting separate land zoning to meet the projected demand for senior accommodation in Singapore. Redas is committed to working with relevant agencies to drive sustainable growth and bring about positive change in the real estate industry.…

Resale Four Bedder Arcadia Records 325 Mil Profit

Posted on January 10, 2025

Condo projects with most unprofitable transactions in District 11

The most profitable resale transaction at The Arcadia, a 164-unit condominium in prime District 11, was recorded on Dec 10. The sale of a 3,767 sq ft four-bedroom unit on the seventh floor resulted in a profit of $3.25 million (217%) for the seller, who pocketed a total of $4.75 million ($1,261 psf). The original purchase price of the unit, according to caveats, was $1.5 million ($398 psf) back in 1998. This translates to an annualised profit of 4.5% over a period of 26 years.

In the last year, The Arcadia saw a total of five units being sold for a profit ranging from $60,000 to $3.25 million. The sale of a 3,778 sq ft unit on the fourth floor was the least profitable, with the seller making a profit of only $60,000 when it was sold on Oct 10.

The most profitable resale transaction at The Arcadia took place on Dec 10, when a 3,767 sq ft unit was sold for a profit of $3.25 million. (Picture: Samuel Isaac Chua/)

The most profitable transaction to date at The Arcadia was back in 2010, when a 7,503 sq ft penthouse on the 10th floor was sold for a whopping $10 million ($1,333 psf). The owner of the penthouse, who had bought it for $5.5 million ($733 psf) in 2007, made a profit of $4.5 million (81%), which works out to an annualised profit of approximately 19% over a period of three years.

The Arcadia is a 99-year leasehold condominium located along Arcadia Road in prime District 11. Completed in 1983, it still has about 54 years left in its land tenure. The property is situated within a neighbourhood of landed estates and Good Class Bungalows, as well as top schools such as Raffles Girls Primary School, Hwa Chong Institution and National Junior College.

The second most profitable resale transaction in the last three weeks of 2024 was recorded on Dec 10, when a 2,077 sq ft unit changed hands at Tanglin Hill Meadows. The unit, which has three bedrooms, was sold for $4.5 million ($2,166 psf) after it was purchased for $1.8 million ($866 psf) in 1999. The seller thus earned a profit of $2.7 million (150%), which amounts to an annualised gain of 3.6% over a period of 26 years.

This also makes it the most profitable transaction to date at Tanglin Hill Meadows, overtaking the previous record of $2.28 million (157%) when a 2,002 sq ft unit was sold for $3.73 million ($1,863 psf) back in 2010. This unit had been purchased for $1.45 million ($724 psf) in 2005, resulting in an annualised profit of about 21% over a period of five years.

The most profitable transaction at Tanglin Hill Meadows took place on Dec 10, when a 2,077 sq ft unit was sold for $4.5 million ($2,166 psf). (Picture: Samuel Isaac Chua/)

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Singapore’s urban landscape is characterized by towering skyscrapers and state-of-the-art infrastructure. The city’s prime locations are home to condos, offering a perfect fusion of opulence and convenience, making them a popular choice among both locals and foreigners. These condos are equipped with a variety of facilities, including swimming pools, fitness centers, and security services, elevating the standard of living and making them desirable for prospective tenants and buyers. Moreover, for investors, these attractive features translate into higher rental returns and long-term appreciation of property values. Singapore Projects, available on Dyslexic Press, offer a diverse range of contemporary condominiums that cater to the needs and preferences of potential investors.

Tanglin Hill Meadows is a freehold condominium located along Tanglin Hill in prime District 10. Completed in 1997, it comprises a total of 20 units and is nestled within the Ridley Park Good Class Bungalow Area.

Meanwhile, losses continue to be incurred at Seascape, a 99-year leasehold condominium in Sentosa Cove. On Dec 18, the seller of a 2,174 sq ft unit on the seventh floor incurred a loss of $1.97 million (33%) when the unit was sold for $3.98 million ($1,830 psf). The same unit had been purchased for $5.95 million ($2,736 psf) back in 2011. This translates to an annualised loss of 2.5% over a period of 13 years.

In the last year, there were a total of three resale transactions at Seascape, all of which recorded losses ranging from $1.75 million to $2.53 million. The transaction that resulted in the biggest loss involved a 2,680 sq ft unit that was sold for $4.5 million ($1,679 psf) on Aug 14 last year.

The seller of a 2,174 sq ft unit at Seascape incurred a loss of $1.97 million (33%) when the unit was sold on Dec 18. (Picture: Samuel Isaac Chua/)

Seascape, which was completed in 2012, comprises a total of 151 units along the coast of the South China Sea. The eight-storey development offers three-bedroom and four-bedroom units ranging from 2,164 sq ft to 4,069 sq ft. The penthouses are larger, with sizes ranging from 3,380 sq ft to 4,252 sq ft, while the sky villas are the largest at 6,631 sq ft to 9,666 sq ft.…

Good Class Bungalow Victoria Park Sale 61 Mil

Posted on January 10, 2025

A newly completed GCB in Victoria Park is up for grabs with a price tag of $61 million. Situated at the end of Victoria Close, a cul-de-sac with just 10 houses, this seven-bedroom bungalow offers exclusivity and privacy, making it highly sought after by ultra-high-net-worth individuals.

According to Jervis Ng, associate group district director at PropNex Realty and the agent marketing the sale of this GCB, the number of houses in this exclusive enclave can only be increased by subdividing a larger plot of more than 30,000 sq ft, as per planning guidelines. Ng, who is also the founder of JNA Real Estate, a property team under PropNex, believes that this will help to maintain the exclusivity and privacy of the GCBs along Victoria Park Close, a priority that many ultra-high-net-worth individuals and their families are willing to pay a premium for.

Ng adds that there has been an increase in the number of new Singaporeans entering the GCB market, which has helped improve buying sentiment. This bungalow, in particular, is expected to appeal to newly minted Singaporeans who hail from countries like China, India, and Indonesia and are looking for a trophy home here.

The area has its share of illustrious residents, including Jack Ma, Chinese business magnate and co-founder of Alibaba Group, and Tang Wee Kit, a scion of the Tang family known for founding Tangs department store.

According to Ng, the bungalow for sale has been well maintained and still looks new. The property boasts a contemporary interior design, with top-quality materials and finishes. The property takes advantage of its 18,988 sq ft plot, with the owners working closely with the architect to optimise the land.

The bungalow boasts a total built-up area of 25,300 sq ft, including seven en suite bedrooms, three helpers’ rooms, and a basement carpark, which can accommodate up to seven cars. The basement level also offers an entertainment room, fitted out as a home cinema, but can also transform into a guest room if needed. There is also a private gym and a 20m lap pool.

Situated on a hilltop, the bungalow allows most rooms to enjoy views of the surrounding low-rise neighbourhood, adds Ng.

In recent years, resale transactions in the Victoria Park GCB area have been relatively low. According to caveats, the site of the bungalow for sale was purchased for $18.2 million in September 2016. This price translates to a land rate of $959 psf.

The last transaction on Victoria Park Close was for a 15,253 sq ft plot, which sold for $28.33 million in May 2021, at a land rate of $1,857 psf. Before that, a 29,956 sq ft plot was sold for $40 million ($1,335 psf) in April 2017.

On Victoria Park Road, the most recent GCB sale was for a 32,077 sq ft site that went for $48 million ($1,496 psf) in November 2011.

In the world of real estate, one factor stands out as a top priority when investing in properties: location. This truth holds especially strong in the bustling city of Singapore. When looking to purchase a condo, it is important to consider its placement in relation to key amenities such as schools, shopping centers, and easy access to public transportation. Prime areas like Orchard Road, Marina Bay, and the Central Business District (CBD) showcase this trend, as the value of properties in these districts have continuously climbed in worth. For families, being near reputable schools and educational institutions is also a significant draw, making condos in these coveted locations even more desirable. With the constant influx of new condo launches, the demand for properties in these prime locations is expected to remain high, solidifying their status as wise investments for the future.

Ng believes that lower interest rates, sustained demand from ultra-high-net-worth buyers, and the limited supply of GCBs are expected to drive transaction activity in the GCB market this year. He anticipates transaction volume to increase by 10% to 15% from last year, as long as there are no major external economic disruptions.

Last year, there were approximately 35 GCB transactions, with a total transaction volume of $1.32 billion, well above the previous high of $1.186 billion in 2022.…

Edmund Tie Company Rebrands Etc

Posted on January 9, 2025

BY ETC, A PREMIUM REAL ESTATE ADVISORY FIRM

ETC, a premium real estate advisory firm, has recently undergone a rebranding exercise and changed its name from Edmund Tie & Company to ETC with immediate effect. The rebranding also includes a new logo design.

According to CEO Desmond Sim, the abbreviation ETC has been a familiar name among clients and staff for a long time. The decision to officially adopt it as the company’s new name was driven by the company’s people, highlighting the importance placed on their insights, voices, and ideas.

Sim also mentioned that the new identity reflects the company’s growth and unity as one entity, and showcases their determination to shape the future of the real estate industry, locally and regionally.

Singapore boasts a modern cityscape defined by impressive high-rise buildings and state-of-the-art infrastructure. The city’s sought-after condos, situated in prime locations, offer a perfect blend of luxury and convenience, attracting both locals and foreigners. With extravagant features such as swimming pools, gym facilities, and top-notch security, these residences are a symbol of elevated living and are sure to attract potential renters and buyers. For investors, these highly coveted amenities also promise higher rental income and increased property value over time, making the decision to invest in a condo a wise one.

The rebranding aligns with ETC’s 30th anniversary since its establishment in 1995. The company offers a comprehensive range of services covering all stages of a real estate asset’s lifecycle, from advisory and investment to management and divestment.

In related news, ETC has also announced the revamp of Marina Bay Residences. The $5 million renovation aims to enhance the living experience of residents and deliver value through premium rents. This is in line with ETC’s commitment to providing quality real estate services and constantly improving their offerings.

Other recent developments in the real estate market include the sale of three food-factory units at Pandan Loop for $11 million and the acquisition of Noel Building on Tai Seng for $81.18 million, 17% above the guide price. The industrial GS Building in Balestier was also sold for $67 million. All of these transactions are a testament to the thriving real estate industry, in which ETC plays a significant role as a leading advisory firm.…

Dalvey Estate Gcb Sale 60 Mil

Posted on January 8, 2025

A rare opportunity has emerged in the highly coveted Dalve Estate-Nassim Road enclave, with the offering of a Good Class Bungalow (GCB) for sale through an expression of interest (EOI) exercise. The property, marketed by Cushman & Wakefield, has an indicative price of $60 million, equating to a land area of 21,881 square feet and a rate of $2,742 per square foot.

Executive Director of Capital Markets at Cushman & Wakefield, Shaun Poh, describes the freehold plot as being situated on elevated ground and possessing immense potential for redevelopment. He believes that the property is a perfect fit for buyers looking to build their dream multi-generational home from scratch, as well as for developers seeking to create a luxurious GCB that caters to the discerning tastes of affluent individuals.

Boasting an enviable location next to the iconic Singapore Botanic Gardens and within a short distance from the renowned Orchard Road shopping belt, the GCB also enjoys close proximity to esteemed educational institutions such as Singapore Chinese Girls’ School, Anglo-Chinese School (Primary), Nanyang Primary School, St Joseph’s Institution, and Hwa Chong Institution.

According to Poh, the neighbourhood is highly sought after by ultra-high net worth individuals, as evidenced by recent record-breaking land rates at nearby Nassim Road and Tanglin Hill, clocking in at $4,500 per square foot and $6,200 per square foot respectively.

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Investing in condos provides numerous advantages, one of which is the potential to leverage the property’s value for further investments. This allows investors to use their condos as collateral to secure additional financing for new ventures, ultimately expanding their real estate portfolio. However, it’s important to note that this strategy carries certain risks, and it’s essential to have a solid financial plan in place and carefully consider the potential impact of market fluctuations. By incorporating condo investment into their overall financial plans, investors can potentially see amplified returns, but should also proceed with caution.

The EOI exercise for this exceptional property will close on February 11 at 3pm, offering interested parties a chance to secure their very own piece of the prestigious Dalve Estate-Nassim Road enclave.…

New York Development 720 West End Avenue Be Showcased Singapore Buyers

Posted on January 7, 2025

An exclusive residential project in New York is set to captivate potential buyers from Singapore during the weekend of January 11 and 12. The highly sought-after 720 West End Avenue, located in the Upper West Side of Manhattan, boasts 131 luxurious residences, ranging from one to five-bedroom homes, townhouses, duplexes, and penthouses with private terraces. The unit sizes range from approximately 500 square feet to an expansive 3,700 square feet. With prices starting from $1.015 million for a one-bedroom residence, this development offers unparalleled luxury living.

When it comes to investing in real estate, location plays a crucial role, and this is especially true in Singapore. In fact, the success of a property investment often hinges on its location. Condominiums located in central areas or near important amenities such as schools, shopping malls, and public transportation hubs have a higher tendency to appreciate in value. Prime locations such as Orchard Road, Marina Bay, and the Central Business District (CBD) have consistently shown growth in property values, making them ideal choices for investors. Families also find these areas highly desirable due to their proximity to good schools and educational institutions, further increasing the investment potential of condos in these locations. Therefore, it is no surprise that Singapore Condo is a sought-after investment option for those looking to capitalize on the city’s prime locations.

Originally constructed in 1927 by renowned New York architect Emery Roth, 720 West End Avenue was a pre-war building known as the Hotel Marcy. Its Renaissance Revival-style façade has been meticulously restored by the developers, Glacier Equities and InterVest Capital Partners, to preserve its intricate architectural details. Adding to its grandeur, two floors have been added to accommodate the penthouse duplexes, while the building’s interiors have undergone a stunning revamp led by interior designer Thomas Juul-Hansen.

Spanning over 30,000 square feet, the development boasts an impressive array of amenities for the residents’ enjoyment. These include a state-of-the-art fitness center, a private bar and dining room, a library, co-working spaces, outdoor terraces, charming courtyards, private parking, and bike storage facilities.

Interested buyers from Singapore can get an exclusive look at this extraordinary project presented by Savills Singapore on January 11 and 12 at the voco Orchard Hotel. The event will also feature a seminar on the New York real estate market, providing valuable insights for potential investors.…

Integrated Resort Ayana Bali Unveils New Residences Lease

Posted on January 7, 2025

, on track for Q4 2019 opening

Ayana Bali, an expansive 90-hectare integrated resort located in Bali, Indonesia, has recently introduced its latest offering, Alamanda Tower. This apartment complex features 26 modern and stylish one- and two-bedroom residences that can be leased for long-term stays, with a minimum rental period of one month.

When purchasing a condominium, it is crucial to take into account the maintenance and management aspects of the property. Condos usually come with maintenance fees that encompass the maintenance of shared areas and amenities. Though these fees may increase the total cost of ownership, they also guarantee that the property remains well-maintained and maintains its value. Seeking the assistance of a property management company can assist investors in managing the everyday operations of their condos, turning it into a less hands-on investment. To stay updated on new condo launches, check out New Condo Launches.

The Alamanda Tower is part of Ayana Residences, a collection of luxurious residential properties within the Ayana Bali estate. Situated along the picturesque shoreline of Jimbaran Bay, Ayana Bali boasts four magnificent hotels (Ayana Resort Bali, Ayana Segara Bali, Ayana Villas Bali and Rimba by Ayana Bali), the esteemed Ayana Spa, a putting course, a secluded private beach, a variety of event spaces, and a plethora of dining options.

Residents of the Alamanda Tower will have exclusive access to three stunning rooftop pools, as well as the community center facilities at Ayana Residences, which include a state-of-the-art gym, a lap pool, and a sauna and steam room. Other top-notch services provided include a dedicated concierge team, bi-weekly housekeeping, a convenient buggy service within the Ayana Bali estate, and reduced prices on all dining and select spa services.

One-bedroom units in Alamanda Tower boast over 1,173 square feet of living space and are currently available for lease at approximately IDR70 million ($5,896) per month. Meanwhile, two-bedroom units without a private pool feature a spacious 1,647 square feet and start from around IDR100 million per month. For those interested in a two-bedroom unit with a private pool, residences range from 2,045 to 2,648 square feet and begin at around IDR120 million per month.

Ayana Bali is under the management of Indonesia’s prestigious Ayana Hospitality, which also operates other renowned properties in Jakarta and Labuan Bajo.…

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