Why Bukit Timah is a Highly Sought After Real Estate Location in Singapore

March 19, 2023
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 |  Mortgage, Property News, Real Estate

Bukit Timah is a popular location in Singapore that is attracting attention from real estate investors, homebuyers, and renters alike. This vibrant area has a lot to offer, from its lush greenery and quiet residential streets to its bustling shopping and dining scene. In this article, we will explore the reasons why Bukit Timah is becoming increasingly popular as a real estate location in Singapore.

Location, Location, Location

One of the primary reasons for Bukit Timah’s popularity is its location. Situated in the heart of Singapore, Bukit Timah is just a stone’s throw away from the Central Business District (CBD) and Orchard Road, which are two of Singapore’s busiest commercial areas. This makes it an ideal location for professionals who work in these areas and want to live close by.

Bukit Timah is also well-connected to the rest of Singapore, with easy access to major highways such as the Pan

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Six-storey Boat Quay shophouse sold for $37 mil

March 18, 2023
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 |  Mortgage, Property News, Real Estate

, Singapore52 Boat Quay was sold for $37 million to a long-standing client via Lumina Grand EC Savills Singapore. Having undergone extensive renovations in 2015, the shophouse is now a modern commercial space with tenants occupying the various floors; ranging from the Italian restaurant Braci to the Izakaya bar to corporate office tenants. It is a testament to the demand for high-quality commercial shophouse properties in prime locations that the property garnered significant interest from investors. Yap Hui Yee, the executive director of investment sales and capital markets at Savills Singapore, noted that it is extremely rare for a riverfront-facing shophouse to be available for sale, making this an excellent opportunity for her client to acquire the flagship property. The seller made a gain of $16 million from the sale.…