St Regis Residences ‘sky suite’ up for receiver’s sale at $16 mil or $2,640 psf

phoenixresidences November 25, 2022 0

ESG remains at the forefront for several institutional capitalists as well as is playing out most dramatically in the office industry where a two-tier market is emerging. Tostevin claims, “On one side are inhabitants requiring best-in-class certified buildings. That is leaving the rest of the supply being pushed to be redeveloped or repurposed.”

“We’ll additionally keep an eye on our workplace inhabitants. In general, the international tasks market is still quite solid however it is important to maintain taking a look at the working with numbers since that acts as a forward indicator of the relevant building markets,” he claims.

” For those who earn in dollars and have those dollars offered to spend on house, the time has actually never been much better for getting prime property abroad,” says Tostevin

” Buck buyers in London get an extra 132 sq ft for US$ 1 million, a rise of 28% …

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Parliament tables new legislation to enhance protection and enforcement of state land

phoenixresidences November 9, 2022 0

According to a declaration by the Singapore Land Authority (SLA), the sorts of advancements and abuse of state land has progressed in the interfering years, rendering many of the SLEA’s provisions obsolete and also ineffective.

Jurong East Condo

For instance, the charge for all unsanctioned tasks on state land is a penalty not surpassing $50,000 and/or jail time not exceeding 6 months. When it comes to a proceeding offense, the penalty is a fine not exceeding $500 for each day the offence continues after sentence.

These harsher penalties will be paired with strengthened enforcement powers. Specifically, the bill recommends that officers have the authority to acquire disclosure of identity from suspected offenders, as well as get in and also evaluate any kind of land without a warrant if there is reasonable suspicion that the land is made use of in the commission of an offense.

The provisions in the brand-new …

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Perks of living in Bukit Panjang

phoenixresidences August 21, 2020 0

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Bukit Panjang, often abbreviated as Bt Panjang, is a residential town and a planning area. It is located in Western Singapore. A section of this town is situated on a low-lying hill. Bukit Panjang has an approximate elevation of 36 meters. It is a quiet town compared to many other cities like Toa Payoh and Ang Mo Kio. Bukit Panjang has many beautiful things and places that many would love to visit. From a glow-in-the-dark path to many other attractions. Here are the other perks of living at Bukit Panjang;

  1. Hai Xian Zhu Zhou

It is located at the Kopitiam at Blk 163A, Gangsa Road. The name means Seafood Porridge, and it opens from Friday to Wednesday from 4 AM-2.30 PM and closes on Thursdays. It mainly sells pork, …

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New Ideas for Kitchen Flooring For Your Home

phoenixresidences July 22, 2020 0

Choosing the right kitchen floor materials when remodeling is often a challenging task. There are many options from which to select today. Some homeowners stick with classic vinyl and linoleum floor designs, while others return to an earlier tradition of hardwoods. Even with these options, there are still more modern options to select from including green designs, ceramic tile, and laminate wood flooring.

Hardwood flooring in a kitchen can bring warmth and a lifetime of durability.

Solid Hardwood – this kitchen flooring can be sanded and refinished over several generations of use. One of the characteristics of solid wood flooring is that it expands and contracts with changes in your home’s relative humidity. Solid wood can be installed in any kitchen, except for one in a basement. Maple, beech, birch, and pecan hardwood flooring has three grades:

First – best appearance, natural colors, and limited marks.
Second – discreet markings …

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Elizabeth Heights Sold at Profit of $2.54M

phoenixresidences March 23, 2020 0

Read More: 35 Gilstead An Attractive Pricing for Core City Centre Development

Property Investment has always been what buyers are looking at and core city centre developments tend to earn the highest profit. The offer of a unit at Elizabeth Heights situated on Cairnhill Road made the top increase of $2.54 million throughout the seven day stretch of March 3 to 10. The 2,497 sq ft unit on the twelfth floor was purchased for $1.96 million ($785 psf) in November 1999 and sold for $4.5 million ($1,802 psf) on March 9. The merchant in this way made a 130% benefit, or an annualized benefit of 4% more than 20 years. Developers also play a part in the selection Tampines Ave 11 Condo of properties in Singapore. Please see Phoenix Residences Developer by OKP Holdings located at Bukit Timah.

Elizabeth Heights is situated in District 9 and was finished in 1985 …

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35 Gilstead An Attractive Pricing for Core City Centre Development

phoenixresidences March 23, 2020 0

Read More: Mortgagee Listings on the Rise in 2020

Core city centre developments has been one of the main things why buyers are looking at when it comes to investment. Looking for competitively priced development especially freehold ones are very attractive to investors. Just off the busy Newton Road lies the upmarket residential neighbourhood on Gilstead Road. The quiet neighbourhood is lined with old homes from the Twenties, and exudes a historic charm that is rarely found among Singapore’s alternative residential estates. The newest private development within the space is that the freehold thirty five Gilstead by TEE Land. The boutique 70-unit condominium was launched for sale at the top of March last year. Gilstead Road is a highly fascinating neighbourhood given its central location in prime District eleven. It is also about to top-ranked colleges and common looking malls, and is conveniently connected to central and residential area business …

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Mortgagee Listings on the Rise in 2020

phoenixresidences March 14, 2020 0

Read More: Lift Access Housing Grant Received Mix Reviews from Residents

A bigger number of properties were set up for various rounds of sale a year ago, contrasted with 2018. The absolute number of postings (and relistings) over all areas and all significant closeout houses totalled 1,458 of every 2019. This is a 34% bounce y-o-y contrasted with 1,088 the earlier year, as per Colliers International in its March 20 research report. Private postings kept on representing the a lot of all out closeout postings in 2019. Please also see Phoenix Residences location for more information with regards to the development.

The higher number of properties recorded as mortgagee deals (dispossessed properties) likewise expanded, mirroring the difficult financial standpoint in 2019. “We expect expanded upset or mortgagee deals in the retail, mechanical and private parts from the progressing Covid-19 episode, particularly on the off chance that it accelerates a downturn …

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Lift Access Housing Grant Received Mix Reviews from Residents

phoenixresidences March 14, 2020 0

Read More: Mortgagee Listings on the Rise in 2020

The newly declared elevate Access Housing Grant by National Development Minister Lawrence Wong has received mixed reviews among HDB residents. The Lift Access Housing Grant provides up to $30,000 in housing grants to residents with medical or mobility problems United Nations agency square measure presently living in HDB blocks that square measure ineligible for the elevate Upgrading Programme (LUP). The grants will facilitate to offset the value in order that they will acquire new or selling HDB flats with direct elevate access.

Osman Omar, a 66-year-old retiree at Jurong West, shared that while he likes to avail of the grant, he was worried of the value of buying associate degreeother flat provided that he’s retired and now not earns an financial gain, reported CNA. Osman climbs two flights of stairs to get to the elevate on the fourth floor of his …

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