One-north is a meticulously planned research and development (R&D) hub located within Queenstown, Singapore. Conceived as part of the nation's strategic push towards a knowledge-based economy, one-north plays a pivotal role in fostering innovation and driving economic growth. Developed by JTC Corporation, this dynamic business park houses a diverse network of industries at the forefront of...
Rental Yield: The Heartbeat of Real Estate Investment Returns Rental yield, a pivotal metric in property investment, quantifies the income-generating capability of a property. It is calculated by dividing the property's annual rental income by its purchase price and expressed as a percentage. A property purchased for $750,000 with an annual rental income of $30,000 would have a gross rental yield of...
In recent years, a growing number of Singaporeans have expressed interest in diversifying their investment portfolios through overseas property ownership. This trend can be attributed to several factors, including a limited domestic real estate market, the pursuit of potentially higher returns, and a desire for wider lifestyle options. Let's explore some of the primary potential benefits that drive...
En bloc sales in Singapore real estate market has always been a trend, with older condominiums being out for sale, hoping that developers will accept the sale price collectively agreed by the existing owners. Redeveloping old condominiums through en-bloc will somehow create some degree of transformation and potential for rejuvenation within mature estates. Despite their age, older condominiums possess a...
In line with the overarching themes of "Building a Stronger Singapore Together" and "Securing Our Retirement," Budget 2024 introduces a series of measures aimed at bolstering financial security for Singaporeans. This blog post delves into the key updates impacting both homeownership and retirement planning, providing a detailed and informative summary of the changes. Key Themes of Budget...
Nestled within Singapore's vibrant Central Area, the Ophir-Rochor district stands poised for a remarkable transformation. Driven by the ambitious Ophir-Rochor Master Plan unveiled in 2008, this strategic location embarks on a journey to become a dynamic mixed-use precinct, marrying modern aspirations with a deep respect for its heritage. Today, we delve into this metamorphosis, tracing the path from...
The Next Big Thing in Singapore- JURONG LAKE DISTRICT
Singapore, a small island city-state in Southeast Asia, faces a myriad of unique challenges and aspirations. With a land area of just 721.5 square kilometers and a rapidly growing population, Singapore must find innovative solutions to accommodate its people, foster economic growth, and preserve its cultural heritage. This is where urban planning steps in as a crucial tool in shaping the city-state's...
The new private home sales market in Singapore has entered a period of notable turbulence, with October 2023 marking a sharp decline in sales activity. This slowdown, characterized by a 33.1% month-on-month and 72.4% year-on-year drop in sales, represents the lowest monthly sales volume since December 2022. This downturn has permeated all regions and price segments, reflecting the impact...
Transit-oriented development (TOD) has become a cornerstone of Singapore's urban planning, revolutionizing the way communities are designed and connected. In a city-state known for its efficient public transportation system, TOD has emerged as a key strategy to create sustainable, well-connected neighborhoods that prioritize accessibility and reduce reliance on private vehicles. At its core, TOD is...