Category: Real Estate

Two freehold adjoining shophouses located at 5 and 7 Jasmine Road, off Upper Thomson Road, are now up for sale via expression of interest (EOI). The guide price for the properties is $10.5 million, or $2,665 per sq ft on the floor area.

With a total site area of around 3,650 sq ft and a combined floor area of 3,940 sq ft, both two-storey shophouses are situated near multiple amenities. These include popular eateries and cafes along Upper Thomson Road, Sin Ming Plaza, and Junction 8 shopping mall.

The shophouses are conveniently accessible via major roads and expressways, such as Upper Thomson Road, Lornie Road, Braddell Road, Marymount Road, and the Pan Island Expressway. They are also near key transport links like Upper Thomson and Caldecott MRT stations, both of which are within a one-stop distance.

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.

“This rare opportunity offers investors a chance to own a pair of freehold shophouses that offer immediate rental income and future capital appreciation potential in the long term,” says Steven Tan, managing director of capital markets and investment sales at ERA Realty Network, which is the exclusive marketing agent for the shophouses.

The properties are currently 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 under the 2019 Master Plan. As such, the successful buyer may consider redeveloping the shophouses into a four-storey building with commercial space on the first floor. This could give a gross floor area of approximately 10,950 sq ft – subject to the authorities’ approval.

Importantly, both shophouses 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.…

At a guide price of $63 million, the owners of a 26-unit, four-storey walk-up development at 52 to 62H Tanjong Katong Road have relaunched the property for collective sale. Located in District 15 and zoned for residential use, the 32,397 sq ft site has the potential to yield approximately 45,356 sq ft of gross floor area, potentially yielding 49 residential apartments with an average size of 915 sq ft.

The guide price translates to a land rate of $1,401 psf per plot ratio (psf ppr), including an estimated land betterment charge of approximately $530,000. The land rate could be lowered to $1,375 psf ppr after factoring in a 7% bonus balcony gross floor area.

The property received several offers below the asking price when it was first put up for collective sale at an indicative price of $65.5 million in July last year. This time, sole marketing agency Huttons Asia expects keen interest from developers due to the bullish sale of Tembusu Grand, located on Jalan Tembusu, just off Tanjong Katong Road.

The 638-unit condo by City Developments and MCL Land saw 53% of units sold at an average price of $2,456 psf during its launch weekend on April 8 and 9.

Angela Lim, deputy head of investment sales at Huttons Asia, enthuses that the development will be popular with young couples and professionals who are seeking convenience, since it is located just five stops to City Hall Interchange and a 500m walk away from Paya Lebar MRT Station.

Surrounding amenities include shopping malls such as PLQ mall, i12 and Parkway Parade, with recreational facilities such as the Singapore Sports Hub and East Coast Park in the vicinity, together with abundant F&B and cafe offerings in Katong and Joo Chiat.

The tender for the property closes on May 9 at 2pm.

Huttons Asia’s Terence Lian notes, “Tanjong Katong has always been a choice location for buyers looking to purchase their new homes in District 15. We expect there would be keen interest from several developers in view of the brisk sale of Tembusu Grand, which bodes well for the collective sale of this 9,999-year Tanjong Katong site.”…

Two conservation shophouses in Singapore’s 6 and 7 Perak Road have been listed for sale via tender at a guide price of $13 million, which works out to $2,425 psf on the total floor area of 5,360 sq ft. Occupying an approximate land area of 2,870 sq ft and with an 11.4m-wide frontage along Perak Road, the two-storey shophouses with mezzanine space have approval for a backpackers’ hostel.

Gracelynn Zhu from PropNex Shophouse Elites, which is marketing the properties, notes that given their excellent condition and strategic location in District 8 close to the Bugis area and surrounded by amenities, the properties enjoy strong rental demand. The current owner has received multiple offers from prospective tenants. However, the vendor is looking to sell the shophouses with vacant possession, which will enable the new owner to decide on the tenant profile.

Given the recovery of the tourism sector post-pandemic, Zhu believes the properties may be a great investment opportunity for hostel operators looking to accommodate incoming tourists and travellers. Moreover, with the possibility of a rental yield of over 3%, the properties could be ideal for investors seeking properties with strong rental and capital growth. As the shophouses are zoned for commercial use, no additional buyer’s stamp duty is applicable on the purchase.

The tender for the shophouses on Perak Road will close on May 8 at 3pm. In the same neighbourhood, 32 Hongkong Street and Club Street have recently seen commercial shophouses selling for $8.5 million and $25 million respectively. Meanwhile, a 999-year leasehold shophouse at Jalan Besar is on the market for $5.9 million.

Competitively priced at $13 million, the two shophouses on Perak Road present an attractive proposition to prospective buyers who may want to capitalise on the surging demand for convenient and accessible accommodation among tourists and investors alike.…

Sandeep Sethi has been appointed as the Division President of Work Dynamics in Asia Pacific by JLL. He previously held the role of Managing Director and Head of Work Dynamics for West Asia. This new role expands his current portfolio, overseeing all services delivered to clients. Furthermore, he will be working on growing JLL’s North Asia market share in mainland China and Hong Kong.

Based in Gurgaon, Sethi will report to Susheel Koul, JLL’s CEO for Work Dynamics in the region. Koul made a statement on the promotion, emphasizing Sethi’s deep client relationships and understanding of the commercial real estate sector.

JLL’s Work Dynamics Business Unit provides integrated services across the full real estate life cycle for occupiers, covering facilities management, construction management services, sustainability and workplace consulting, workplace experience and lease transaction management. The company has seen tremendous growth and now oversees over 160 million sq ft of office space in India, Sri Lanka, Mauritius, and Bangladesh, with Sethi having contributed to the success as Managing Director and Head of Work Dynamics.

As Division President, Sethi will be responsible for the success of services delivered to clients in both West and North Asia, as well as focus on growing JLL’s North Asia market share in the two countries. His knowledge and expertise, combined with JLL’s commitment to development, will no doubt provide a sharper edge to the company’s occupier business in Asia Pacific.…

An expression of interest (EOI) exercise has been launched for the sale of a shipyard located at 1 Benoi Road in Singapore, with a guide price of $11.3 million. The property boasts a 500,000 sq ft site area with waterfront access and is situated near to Joo Koon MRT Station.

The property includes a two-storey office block, a single-storey annexe and three single-storey workshop blocks, a mould loft building and a fabrication workshop. “The property is suitable for shipbuilding, ship or vessel repair and maintenance,” explains Isabel It, associate division director of Huttons Asia.

The land is regular in shape, with a corner frontage of 255m on Benoi Road and Pioneer Road and an average plot depth of 213m. It has a 230m frontage along the waterfront and is flat in contour. Additionally, it is located at the junction of Benoi Road and Pioneer Road and is approximately 24km from the City Centre whilst being in close proximity of numerous housing estates.

Recent transactions in the area, such as a 328,105 sq ft plot at 5 Benoi Road which sold for $10.5 million in December 2020, and a 1.5 million sq ft plot at 55 Gul Road which was acquired by ST Engineering for $95 million in February, have emphasised the potential of the area.

Lee Sze Teck, senior director of research at Huttons Asia, explains that the property is an ideal option for those looking to expand their business. It is rare to find land of such size with the correct usage, and so he believes it should be well received.

The EOI exercise for the property closes at 3pm on April 27 and is subject to approval from the relevant authorities.

As the latest industrial property on Benoi Road, this plot carries immense potential. With a guide price of $11.3 million and an impressive suite of features, it is expected to prove popular with buyers searching for a rare opportunity. Those interested in this property need to make sure they submit their bids before the April 27 deadline.…

GLS tender for Jalan Anak Bukit site to close tomorrow; 5 developers submit bidsThe 99-year leasehold residential site at Lentor Gardens drew just one bid from GuocoLand and Intrepid Investments (a subsidiary of Hong Leong Group). The joint venture partners submitted a bid of $486.8 million, which translates to a land rate of $985 psf per plot ratio (psf ppr). This is the first residential GLS tender to see only one bid since the tender for the Silat Avenue GLS site in 2018.

The two last residential GLS sites to be sold in Lentor were at Lentor Central and Lentor Hill (Parcel B) and were both awarded last September. 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). 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).

Prior to this, GLS site at Lentor Hills Road (Parcel A) was sold for $586.6 million ($1,060 psf ppr) in January 2022. GuocoLand, Hong Leong Holdings and TID (the joint venture between Hong Leong Holdings and Mitsui Fudosan) are expected to launch the 598-unit Lentor Hills Residences soon.

In September, GuocoLand launched the 605-unit Lentor Modern integrated development. A total of 84% of the units were sold on the launch weekend and the project saw an average price of $2,104 psf; it is currently 88% sold mark. GuocoLand purchased the GLS site for $784.1 million ($1,204 psf ppr).

Mark Yip, CEO of Huttons Asia, notes that bids have been on a downward trend since the first GLS site at Lentor was launched. He attributes this to the cloudy economic outlook amidst the risk of being slapped with Additional Buyer’s Stamp Duty if developers are unable to sell all units within five years.

Two other GLS sites at Lentor are available for sale under the 1H2023 GLS Programme. This includes a site at Lentor Central, which can yield 475 units, expected to launch for tender this month, and a 500-unit residential site at Lentor Gardens which is currently on the Reserved List.

Leonard Tay, head of research at Knight Frank Singapore, estimates that all seven residential sites in Lentor (the five that have now been sold and the two still available for sale) could potentially bring about some 3,500 new units and 11,000 new residents to the area.

The Lentor Gardens site is within walking distance of the Lentor MRT station, Thomson Nature Park, Yio Chu Kang Stadium and CHIJ St Nicholas Girls’ School, which should all be attractive features 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 Myst Condo, developed by CDL Aries, is a luxurious residential condominium located in the heart of Bukit Panjang and Cashew in Singapore. The property spans 16,620 square metres and is zoned for residential use with a plot ratio of 2.1, allowing for the development of a 24-storey tower. The location of the condominium offers unparalleled convenience to residents, with excellent connectivity to public transportation networks, multiple amenities within walking distance, and easy access to green spaces and rejuvenation plans in the area.

CDL Aries, an affiliate of City Developments Limited, the largest non-government-controlled developer in Singapore, has acquired the rights to two adjoining plots at 798 and 800 Upper Bukit Timah Road in northwest Singapore’s Tan Chong industrial park. This acquisition puts the developer in a prime position to take advantage of the various development plans and rejuvenation initiatives being implemented in the Bukit Timah area, creating a highly sought-after residential project that offers prestige and convenience to its residents.

In recent years, the city-state has been looking to revitalize the Bukit Timah area with multiple development plans to improve connectivity and add more green spaces in the neighbourhood. These initiatives include the Railway Corridor development and the Beauty World rejuvenation plan. The Myst Condo area is home to many schools, commercial spaces, and parks, and the Tan Chong industrial park is just next to the 19-floor Hazel Park condominium building. The Myst Condo area is also well-connected to public transport networks, with the Cashew MRT station on Singapore’s Downtown Line just seven minutes away and the old Bukit Timah railway station within a 13-minute walk.

Living at The Myst Condo offers residents unparalleled convenience, especially since the location is near the Bukit Panjang Integrated Transport Hub, where there are plenty of amenities for residents to use. The hub is the ninth integrated transport hub in Singapore and is connected to the nearby Hillion Mall. There are also many schools within walking distance, catering to all age groups, including international schools.

The Myst Condo is designed to provide residents with a feeling of luxury and comfort. It is equipped with modern amenities and facilities, including a swimming pool, gym, tennis court, and a clubhouse. The condominium also features a sky garden, which is perfect for relaxing and taking in the views of the surrounding nature. The unblocked view from the upper floors of the condominium provides residents with an unobstructed view of the surrounding natural landscape. From the top, one can enjoy an unrivaled view of the Bukit Timah Nature Reserve and its lush green hills, providing a sense of serenity and peace.

The location of The Myst Condo is ideal for those looking for a convenient location with excellent connectivity to the rest of the city-state. Residents can easily access the Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, among others, making it easy to get to their desired locations. Additionally, Bukit Panjang Integrated Transport Hub is a mere 10-minute walk from the condominium, offering residents even more convenience.

The Myst Condo is also close to several shopping malls, such as Hillion Mall and Bukit Panjang Plaza, and restaurants, providing residents with plenty of options for dining and entertainment. For those looking to explore the city, Orchard Road and the Central Business District are only a 25-minute drive away.

The Myst Condo offers an abundance of public transportation options, with several bus stops and MRT stations within walking distance. Those who prefer to take the shuttle bus service offered by the developer can easily reach the Bukit Panjang Downtown MRT. The location also offers easy access to the Bukit Timah Nature Reserve, which is ideal for hikes and nature walks, providing residents with an opportunity to explore the natural beauty of the area.

The Myst Condo is an ideal place for multigenerational families, providing flexibility and convenience to its residents. The location offers easy access to public transportation services, making it easy for families to commute to work or school. The proximity to schools and educational facilities also makes it an ideal location for families with young children.

The developer of The Myst Condo, CDL Aries, is a trusted name in the real estate industry, known for delivering high-quality projects that offer convenience, luxury, and comfort to their residents. With their expertise and experience in the field, residents of The Myst Condo can rest assured that they are investing in a property that will provide them with an excellent living experience.

In conclusion, The Myst Condo by CDL Aries is a luxurious residential condominium located in the heart of Bukit Panjang and Cashew in Singapore. The location offers unparalleled convenience to residents, with excellent connectivity to public transportation networks, multiple amenities within walking distance, and easy access to green spaces and rejuvenation plans in the area. The condominium is equipped with modern amenities and facilities, providing residents with a feeling of luxury and comfort. With the trusted name of CDL Aries behind it, The Myst Condo is an excellent investment for those looking for a convenient and luxurious living experience in Singapore.

The Myst Condo is a modern luxury condominium development located in the heart of Bukit Panjang, Singapore. Situated within a short walking distance to Bukit Panjang Integrated Transport Hub and Hillion Mall, this strategic location offers residents plenty of conveniences. From quick access to public transport to shopping and dining options, The Myst Condo is an ideal choice for those seeking a comfortable and convenient place to live.

With the Bukit Panjang Integrated Transport Hub just a short 5-minute walk away, residents of The Myst Condo have easy access to the Downtown Line and Bukit Panjang LRT, making travelling around the island convenient. There are also several bus services that operate from the transport hub, allowing residents to get to other parts of Singapore easily. This convenience makes The Myst Condo a popular choice for those who value accessibility and mobility.

Hillion Mall, a popular shopping, dining and entertainment destination in Bukit Panjang, is also just a stone’s throw away from The Myst Condo. The mall offers a variety of retail stores, food outlets and entertainment options, including a cinema and a bowling alley. Residents of The Myst Condo can enjoy convenient access to all these amenities, making it an excellent choice for those who appreciate a well-rounded lifestyle.

In addition to its strategic location, The Myst Condo is also located near several other essential amenities. There are several schools located in the neighbourhood, making it a great place for families to stay. There are also several medical centres, banks, supermarkets and other essential services located in the area, ensuring that residents will never be far from what they need.

Sustainability is a key focus of The Myst Condo. The development incorporates a variety of landscaping features that emphasise sustainability and eco-friendliness. For instance, The Myst Condo is equipped with a rooftop garden that provides residents with the opportunity to enjoy nature in a tranquil and relaxing environment. The garden is filled with lush vegetation, giving residents the means to escape the hustle and bustle of city life. Additionally, the garden is equipped with rainwater harvesting systems, which help to reduce water consumption and conserve resources.

The development has also implemented several sustainable features in its landscaping design. For instance, The Myst Condo is equipped with native plants and trees, which are drought-tolerant and require minimal maintenance. Additionally, the development has incorporated organic fertilisers and composting systems, which help to reduce the need for chemical fertilisers. Furthermore, The Myst Condo has implemented a water-efficient irrigation system, which helps to reduce water consumption.

The Myst Condo is an excellent choice for anyone seeking a green and eco-friendly living space. Its sustainability features make it a modern luxury condominium development that provides residents with a luxurious living space while incorporating sustainable features. Taken together, these features make The Myst Condo an ideal choice for anyone seeking a green and eco-friendly living space in Bukit Panjang.

Bukit Panjang is part of District 23, which encompasses Choa Chu Kang, Bukit Batok, Hillview, and Bukit Panjang. It is a desirable location for both buyers and renters. Choa Chu Kang got its name from the word “kangchu,” which refers to the plantation owners in the Teochew language. The town has now transformed into a modern neighbourhood with well-connected public transportation and two shopping malls, including Lot One Shoppers’ Mall located near the Choa Chu Kang MRT station and offering a variety of retail and dining options. Visitors can still witness old fruit tree plantations as they take a stroll in Choa Chu Kang Park.

Bukit Batok is renowned for its natural landmarks such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill, and Little Guilin, which resembles Guilin in China and offers a view of towering granite rocks surrounded by a lake. West Mall is the main shopping centre in Bukit Batok and houses a public library, post office, and cinema.

The West Region of Singapore, which includes Bukit Panjang and its neighbouring districts, is the largest of the five regions with a land area of 25,500 hectares. Jurong East is the regional centre, while Jurong West is the most populated town. The West Region is home to many of Singapore’s heavy industry companies, including international players like BP, ExxonMobil, DuPont, Mitsui Chemicals, and Shell, primarily in the petrochemical sector.

The government has plans to further develop the West Region, with the aim of turning the Jurong Lake District and Jurong Innovation District into Singapore’s second Central Business District. Furthermore, the Tuas Mega Port, set to be completed 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 game changer in Singapore’s mass transit system. As the fifth MRT line, it brings connectivity to previously unserved areas such as Bukit Panjang, Bukit Timah, and Bedok Reservoir. With 34 stations, the DTL offers a convenient alternative for commuting, connecting people across the city and providing seamless access to the central core.

For residents in the Bukit Panjang to Bukit Timah area, the line shortens their journey into the city by up to 30%, while those living in the east benefit from fewer bus trips and quicker commutes. This improved connectivity has boosted the desirability of properties located along the DTL, including The Myst Condo.

The Myst Condo offers a unique opportunity to enjoy the best of both worlds – the convenience of modern city living and the tranquillity of a green and sustainable environment. Its location in Bukit Panjang, with its close proximity to transport hubs, shopping centres, schools and other essential amenities, makes it an ideal choice for families and individuals alike.

Furthermore, its sustainability features, such as the rooftop garden and native plants and trees, demonstrate a commitment to reducing its environmental footprint and promoting eco-friendliness. With its luxurious and modern living spaces, coupled with its sustainability features, The Myst Condo offers a lifestyle that is both comfortable and responsible.

In conclusion, The Myst Condo at Bukit Panjang is an excellent choice for those who value convenience, sustainability, and modern living. Its strategic location, coupled with its sustainable features and luxurious living spaces, make it an ideal choice for anyone seeking a green and eco-friendly living space in Singapore. As the West Region continues to develop, The Myst Condo offers a unique opportunity to be a part of a vibrant and sustainable community in one of Singapore’s most desirable locations.

The Myst CDL at Bukit Panjang is a luxurious residential property located in the vibrant city of Singapore. This mid-sized condominium project offers residents an exclusive living experience, complete with top-notch facilities and amenities, as well as a commitment to sustainable and green living. The prime location of The Myst, on two adjacent plots of land at 798 and 800 Upper Bukit Timah Road, provides City Developments Ltd with the ability to offer unique features for these properties.

One of the key features of The Myst is its commitment to sustainability and green living. The property boasts a host of smart and green features, making it an ideal choice for eco-conscious residents. Its smart design and efficient use of resources make it one of the most sustainable residential properties in the region.

The building is designed with energy efficiency in mind, utilizing several green technologies to reduce energy consumption. The air-conditioning systems are highly efficient, and the building features intelligent lighting and motion sensors, as well as top-of-the-line appliances designed to use minimal energy. The building also features double-glazed windows and insulation to minimize heat loss and maximize energy efficiency.

The Myst Condo is designed to make the most of natural light and ventilation. The building features floor-to-ceiling windows and balconies that maximize natural light and ventilation. The balcony also serves as a green space, with a lush garden that offers beautiful views of the city. The property is located near the Zhenghua Nature Park, which skirts the Central Catchment Nature Reserve and serves as a green buffer for the reserve. The park is a great place to see several different species of birds, as well as squirrels, monitor lizards, and long-tail macaques. Whether you’re on foot or riding your bike, the trails offer the perfect combination of challenging terrain and gentle slopes.

In addition to its commitment to sustainability, The Myst Condo provides its residents with access to a wide range of amenities and activities. There are a variety of shops, restaurants, and other services located within walking distance of the property. Residents can also take advantage of the nearby Bukit Panjang Plaza, which offers a variety of services and entertainment options. Some of the most popular attractions include the shopping mall, the cinema, and the food court.

The property is also located close to a number of parks and recreational areas. Residents can enjoy the beauty of Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park. There are plenty of trails for walkers and cyclists to explore, as well as playgrounds and other recreational facilities. Residents can also enjoy the nearby Bukit Panjang Swimming Complex, which features an Olympic-size pool.

The Myst Condo is also conveniently located near a number of medical facilities. The Bukit Panjang Polyclinic, which is located within walking distance of the property, offers a range of healthcare services. Other nearby medical facilities include the National University Hospital, the Sengkang Clinic, and the Tan Tock Seng Hospital.

Residents of The Myst Condo have a number of transportation options available to them. They can take advantage of the nearby MRT stations, bus services, and LRT services. The Bukit Panjang Bus Interchange offers a variety of buses that serve the area. Residents can also take advantage of the free shuttle bus service offered by the developer to the Bukit Panjang Downtown MRT.

The Myst CDL at Bukit Panjang is an ideal choice for families looking for a convenient and comfortable living environment. With plenty of public transportation, shopping, and recreational options, The Myst Condo provides an ideal living experience in Bukit Panjang.

One of the key features of the location of The Myst is its proximity to the Cashew Estate. This area boasts a charming, rural atmosphere, and one of its key features is the Rail Corridor, a popular destination for nature enthusiasts, cyclists, and joggers. The Corridor begins near the former Tanjong Pagar Railway Station and concludes near the Kranji MRT Station. For more information, including a map of the Corridor, check out the upcoming projects, The Reserve Residences at Beauty World and The Botany at Dairy Farm, both of which offer direct access to the Rail Corridor.

In addition to the Rail Corridor, the Bukit Timah Nature Reserve is just a short distance away from The Myst. This provides residents with even more opportunities to immerse themselves in nature. Living in the Cashew Estate allows you to experience a harmonious blend of indoor and outdoor living, surrounded by breathtaking scenery and tranquil green spaces.

The Myst CDL at Bukit Panjang is an ideal choice for families with children, as it is located just a short drive away from well-known educational institutions such as Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. Additionally, there are enrichment centers and childcare facilities located nearby, providing families with convenient access to educational resources.

The development itself features a 50-meter pool, a spacious clubhouse, and tennis courts, offering residents plenty of opportunities for leisure and recreation. The clubhouse can also be used for social events and gatherings, making it a great place to connect with neighbors and build a sense of community.

The Myst is located on two adjacent plots of land at 798 and 800 Upper Bukit Timah Road and occupies an aggregate site area of approximately 179,007 square feet. It is situated near the Cashew Estate, offering potential buyers the opportunity to own a property in one of Singapore’s most sought-after Good Class Bungalow Areas (GCBA). The last new launch in the area was the Espa condominium project, which was completed in 2010. This makes The Myst an attractive option for those looking for a new, modern property in a well-established and desirable area.

The Downtown Line (DTL) also enhances connectivity in the Central Business District (CBD) zone, allowing for faster travel from Millenia Walk to Marina Bay Sands and City Hall Fringe. The recently opened DTL3 adds 21 km to the DTL, offering a direct connection to Tampines Regional Centre and Changi Business Park without the need for a bus transfer. With the addition of DTL3, the Downtown Line now spans 42 km, making it Singapore’s longest underground MRT line with no intermediate stops. This enhanced connectivity makes The Myst even more desirable, as it provides residents with easy access to all that Singapore has to offer.

In conclusion, The Myst CDL at Bukit Panjang is a luxurious residential property that offers residents a unique and exclusive living experience. Its commitment to sustainability and green living, combined with its top-notch facilities and amenities, make it an ideal choice for those looking for a modern, comfortable home. Its prime location, near the Cashew Estate and with easy access to transportation options and recreational areas, makes it an attractive option for families with children, as well as those looking to own property in one of Singapore’s most sought-after areas.

Living in Upper Bukit Timah provides residents with a prime location for accessing top educational institutions in the area. The area boasts a range of reputable schools, such as the National University of Singapore, Ngee Ann Polytechnic, and Singapore Polytechnic, which are all easily accessible from The Myst condo.

The Myst is located just a 5-minute walk from the Cashew MRT station, which is part of the Downtown line. This makes it a great option for those looking for a home near top schools in the area. The Myst is not the only condo in the area that is well-suited to families with school-aged children. The Cashew to Bukit Timah area offers a range of properties that are in close proximity to many of the area’s top schools.

Let’s take a look at some of the notable schools that are near MRT stations in the area:

Hillview MRT (DT3) – German European School, St. Francis Methodist School
Beauty World MRT (DT5) – Bukit Timah Primary School, Pei Hwa Presbyterian Primary School, DIMENSIONS International College (Bukit Timah Campus)
King Albert Park MRT (OTC) – Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School, Singapore Korean International School
Sixth Avenue MRT (DT71) – Nanyang Girls’ High School
Tan Kah Kee MRT (DT8) – National Junior College, Hwa Chong Institution, Hwa Chong International School, Raffles Girls’ Primary School
Botanic Gardens MRT (DT9) – National University of Singapore (Bukit Timah Campus)
Newton MRT (DT10) – Anglo Chinese School (Barker Road)

In addition to top schools, The Myst is also located near many shopping centers in Bukit Panjang and Cashew MRT station. These shopping centers offer a wide range of amenities and food selection to cater to the residents of The Myst condo.

Living in a city apartment near a shopping center is a huge advantage. It can be very frustrating to have to go from store to store to find the product you need, only to find out that none of them have what you are looking for. The location of The Myst condo near shopping centers means that residents can easily access a wide variety of products and items that may not be available in smaller stores. The convenience of having a shopping center close by is invaluable, as residents don’t need to drive to a distant store or take a bus to reach the products they need.

Some of the shopping centers located near 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

The Myst condo is an iconic luxury development located in the heart of Bukit Timah. The development is set amidst lush greenery and nature reserves, providing residents with an ideal destination for those wanting to escape the hustle and bustle of city life.

The Myst condo is located on Upper Bukit Timah Road, making it easily accessible to the city center. It is a luxurious residence that boasts a range of modern facilities and amenities. Residents can enjoy the convenience of shopping, dining, and entertainment options that are within easy reach.

A fully-equipped gym, swimming pool, Jacuzzi, and yoga pavilion provide the perfect space for relaxation and rejuvenation. Other features include a children’s play area, BBQ pits, and a landscaped garden. The Myst condo is also conveniently located near

to nature reserves and parks, making it a great spot for outdoor activities such as hiking, biking, and bird watching. With its close proximity to a variety of nature reserves, The Myst condo provides the perfect place to experience nature at its best.

Let’s take a look at some of the parks nearby The Myst condo:

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
Bukit Timah Hill Park Connector

Living at The Myst condo provides residents with the perfect balance between urban living and the great outdoors. The area is surrounded by lush greenery and nature reserves, offering a peaceful escape from the hustle and bustle of city life. Residents can enjoy a range of outdoor activities, such as hiking, biking, and bird watching, all within easy reach of their home.

The Myst condo also offers easy access to public transportation, making it easy for residents to get around Singapore. The Cashew MRT station is just a 5-minute walk away from The Myst condo, providing residents with easy access to the Downtown line. This makes it easy to get to other parts of Singapore, such as the Central Business District or Changi Airport.

In addition to public transportation, The Myst condo is also easily accessible by car. It is located just off Upper Bukit Timah Road, which is a major road in Singapore. This makes it easy for residents to get to other parts of Singapore, such as the Central Business District or Orchard Road.

Overall, The Myst condo is an excellent option for those looking for luxurious living in a tranquil environment. With its close proximity to top schools, shopping centers, and nature reserves, The Myst condo offers the perfect balance between urban living and the great outdoors.…

Grade A office rents in Singapore’s Central Business District (CBD) welcomed a 1.0% q-o-q increase in 1Q2023, despite this representing the second consecutive quarter of slowing growth. This is according to research by real estate consultancy JLL, with the gross effective rent for such spaces standing at $11.30 psf pm.

Andrew Tangye, JLL Singapore’s head of office leasing and advisory, attributes the modest growth to a cautious approach from large space users who have opted to “press the pause button” on expansion and relocation plans in light of macroeconomic uncertainties.

Tay Huey Ying, JLL Singapore’s head of research and consultancy, explains that despite the prevailing caution, occupiers are seizing the opportunity to upgrade to better office spaces in new and upcoming completions due to the tight supply of Grade A office space.

For instance, at Guoco Midtown in the Bugis-Beach Road area, 80% of space is already taken up with at least another 10% in advanced negotiations, while IOI Central Boulevard Towers in the Marina Bay Financial District is around 45% pre-committed or under negotiation.

Occupiers of these buildings come from a range of sectors, including financial services, technology, media, and professional services.

Outside of the CBD, Labrador Tower in Pasir Panjang Road has already seen 25% of its space pre-committed ahead of its completion in 2024. Prudential has taken up around 150,000 sq ft there, having secured a two-year extension to their 15-year lease at 51 Scotts Road due to expire in November 2024.

Given the continued macroeconomic environment, Huey Ying believes that office demand will remain subdued for the rest of the year, with talent forward-planning becoming key for large space users. She expects rent growth to remain modest until 2024, when a lack of new completions and a stronger economic outlook could see a return to more accelerated growth.

Tangye agrees that now is the ideal time for occupiers to lock in spaces in good quality buildings, believing that this could ultimately lead to higher rental growth post-2024.…