, Singapore

A six-storey Boat Quay Shophouse located at 52 Boat Quay has been sold for a staggering $37 million, a gain of $16 million for the seller. The Savills Singapore team brokered the deal. With an estimated total built-up area of approximately 6,446 sq ft, Nestled on a 1,119 sq ft site, the shophouse underwent a massive renovation in 2015, resulting in a modern and well-equipped commercial space.

Based on caveats lodged, the seller purchased the property back in June 2018 for $21.35 million. The property houses an Italian restaurant, Braci,on the top two floors and an Izakaya bar on the ground floor. It also has corporate office tenants on the second and fourth floor.

Yap Hui Yee, Executive Director of Investment Sales and Capital Markets at Savills Singapore who helped broker the deal, reported a “significant” interest in the property, highlighting the demand for high-quality commercial shophouse properties located in prime locations. Strikingly, shophouse properties in the Boat Quay precinct are typically tightly held, making this a rare chance to acquire a high-value, flagship property in the Central Business District area.

Recent transactions of commercial properties near and near 52 Boat Quay has further solidified the potential of the area. For those looking to invest in the area, there are plenty of listings to choose from.

The Boat Quay Shophouse sale marks yet another success for the Singapore property market pandemic. Despite the challenges of the pandemic, the property market remains vibrant and lucrative.…

Bukit Panjang, a residential town in the western region of Singapore, offers an array of advantages to its residents. Its well-connected public transportation system, including the Bukit Panjang Integrated Transport Hub and the Downtown Line, has made it an attractive place for both Singaporeans and expatriates to live in. This article will explore the many benefits of residing in Bukit Panjang, with a focus on the convenience and accessibility provided by its Integrated Transport Hub and the Downtown Line.

Seamless Connectivity: Bukit Panjang Integrated Transport Hub

The Bukit Panjang Integrated Transport Hub, officially opened in 2017, is a state-of-the-art facility that brings together the LRT, MRT, and bus services in one centralized location. This hub provides residents with unparalleled access to various parts of Singapore, making daily commutes and traveling around the city a breeze.

Key benefits of the Integrated Transport Hub include:

Reduced travel times: With direct connections between the LRT, MRT, and bus services, residents can enjoy shorter and more efficient commutes.
Convenience: Multiple transportation options under one roof ensure a hassle-free travel experience for residents.
Accessibility: The hub is easily accessible to those living in Bukit Panjang and the surrounding areas, making it a valuable asset for the community.

Expansive Reach: Downtown Line

The Downtown Line, Singapore’s longest underground and driverless MRT line, spans 42 kilometers and has 34 stations. It connects Bukit Panjang to the central business district, Marina Bay, and other key areas of the city. This extensive rail network offers several benefits to Bukit Panjang residents, such as:

Easy access to the central business district: The Downtown Line links Bukit Panjang directly to the city’s central business district, allowing residents to easily commute to work or enjoy the amenities in the downtown area.
Enhanced connectivity to other MRT lines: The Downtown Line intersects with other major MRT lines, such as the North-South Line, East-West Line, Circle Line, and North-East Line. This interconnectivity greatly benefits residents who require seamless transfers for their daily commutes.
Time savings: The Downtown Line offers a faster alternative to the traditional bus routes, reducing travel time for commuters.

Economic Benefits

The improved connectivity brought about by the Integrated Transport Hub and the Downtown Line has boosted Bukit Panjang’s attractiveness as a residential area. As a result, property values in the region have experienced steady growth, which is beneficial for homeowners and investors. Additionally, the enhanced transportation options have attracted businesses and commercial developments, creating job opportunities for residents and further invigorating the local economy.

Quality of Life Improvements

The efficient public transportation system in Bukit Panjang contributes to an overall improvement in the quality of life for its residents. With shorter and more convenient commutes, individuals can spend more time with their families, engage in leisure activities, and pursue personal interests. The ease of travel also encourages residents to explore other parts of Singapore, fostering a greater appreciation for the city’s diverse cultural offerings.

Environmental Benefits

The widespread use of public transportation in Bukit Panjang, facilitated by the Integrated Transport Hub and the Downtown Line, has a positive impact on the environment. By reducing the number of private vehicles on the roads, greenhouse gas emissions are lowered, contributing to cleaner air and a healthier living environment.…

Bukit Timah Road is one of the most sought-after residential areas in Singapore, offering an unparalleled living experience for its residents. This 25-kilometer-long road is home to several prestigious neighborhoods, lush green spaces, and a wide array of amenities, making it an ideal choice for both families and individuals seeking a comfortable and convenient lifestyle. In this article, we delve into the numerous benefits of staying in Bukit Timah Road, ranging from its strategic location and transportation links to its rich heritage and exceptional educational institutions.

1. Strategic Location and Accessibility

One of the primary benefits of staying in Bukit Timah Road is its strategic location, which provides easy access to various parts of Singapore. The road stretches from Little India in the east to Upper Bukit Timah in the west, connecting residents to the Central Business District (CBD), Orchard Road shopping belt, and other key commercial areas in the city.

Bukit Timah Road is also well-served by an extensive network of public transportation, including several MRT stations along the Downtown Line. This makes commuting to other parts of the island a breeze, allowing residents to enjoy seamless connectivity and convenience.

2. Proximity to Renowned Educational Institutions

Bukit Timah Road is home to some of Singapore’s most prestigious educational institutions, making it an ideal location for families with school-going children. From renowned primary and secondary schools to esteemed tertiary institutions, the area offers a diverse range of educational opportunities that cater to various needs and preferences.

Notable schools in the vicinity include Nanyang Primary School, Raffles Girls’ Primary School, Hwa Chong Institution, and National Junior College, among others. For higher education, residents can easily access the National University of Singapore (NUS), Singapore Management University (SMU), and Singapore University of Social Sciences (SUSS).

3. Vibrant Lifestyle and Recreational Options

Staying in Bukit Timah Road offers residents a vibrant lifestyle with a myriad of recreational options at their disposal. The area boasts several shopping malls, such as Bukit Timah Shopping Centre, Beauty World Centre, and The Grandstand, which cater to a wide range of retail, dining, and entertainment needs.

Additionally, Bukit Timah Road is known for its diverse culinary scene, offering an eclectic mix of local and international cuisines. From popular hawker centers like Adam Road Food Centre to upscale restaurants and cafes, residents are spoilt for choice when it comes to dining options.

4. Lush Greenery and Nature Reserves

One of the most alluring aspects of staying in Bukit Timah Road is its proximity to an abundance of lush greenery and nature reserves. The area is home to Bukit Timah Nature Reserve, a 163-hectare green oasis that houses Singapore’s highest hill, Bukit Timah Hill, and more than 40% of the island’s native flora and fauna.

Residents can also enjoy easy access to the Singapore Botanic Gardens, a UNESCO World Heritage Site, which offers a tranquil escape from the bustling city life. With numerous walking trails, themed gardens, and recreational facilities, these green spaces provide a serene environment for residents to unwind and connect with nature.

5. Rich Heritage and Cultural Landmarks

Bukit Timah Road is steeped in rich heritage and history, offering residents a unique living experience that blends modernity with tradition. The area is home to several cultural landmarks, such as the Former Ford Factory, which played a significant role during World War II, and the iconic Railway Bridge, a remnant of the historic Keretapi Tanah Melayu (KTM) railway line.

Moreover, the nearby Kampong Glam and Little India neighborhoods provide a fascinating glimpse into Singapore’s multicultural heritage. With their vibrant streets, colorful shophouses, and historic landmarks, these districts offer a treasure trove of cultural experiences for residents to explore and appreciate.

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City Developments Limited (CDL) is a renowned real estate developer that has left an indelible mark on the property development industry. Founded in 1963, CDL has built an impressive portfolio of residential, commercial, and integrated developments across various regions, including Asia, Europe, and the Americas. As a leading property developer, CDL is dedicated to crafting innovative, sustainable, and high-quality properties that cater to the diverse needs of the market. In this article, we explore the factors that contribute to CDL’s success and its commitment to sustainable property development.

1. Innovative and Sustainable Design

CDL has earned a reputation for embracing innovation and sustainability in its property developments. The company constantly seeks to integrate cutting-edge technologies and green features into its projects, ensuring that they adhere to the highest environmental standards. By incorporating eco-friendly design elements and state-of-the-art construction methods, CDL creates properties that are not only visually stunning but also energy-efficient and environmentally responsible.

One of CDL’s iconic projects that embodies this commitment to sustainability is the Tree House condominium in Singapore. This development features the world’s largest vertical garden, which spans 24,638 square feet and helps to reduce the building’s overall energy consumption. The vertical garden acts as a natural insulation barrier, lowering the indoor temperatures and reducing the need for air-conditioning. This innovative design feature has earned Tree House numerous accolades, including the Green Mark Platinum Award by the Building and Construction Authority (BCA) of Singapore.

2. Focus on Quality and Customer Satisfaction

CDL’s commitment to delivering high-quality developments is evident in the meticulous attention to detail that goes into every aspect of its projects. The company prides itself on its ability to provide residents with a luxurious and comfortable living experience. To achieve this, CDL consistently exceeds industry standards in terms of design, construction, and after-sales services.

The developer’s dedication to customer satisfaction is further exemplified by its robust after-sales support system. CDL offers a dedicated customer service team that addresses residents’ concerns and queries promptly, ensuring that their needs are met in a timely and efficient manner. This commitment to quality and customer satisfaction has helped CDL garner numerous industry awards and maintain a loyal customer base.

3. Diversification and Global Expansion

CDL has strategically diversified its portfolio over the years, venturing into various property sectors such as residential, commercial, hospitality, and integrated developments. This diversification has allowed the company to tap into new markets and withstand economic fluctuations, providing a steady stream of revenue.

In addition to diversifying its property portfolio, CDL has also expanded its geographical reach, establishing a presence in key markets across Asia, Europe, and the Americas. This global expansion has enabled CDL to gain valuable insights into different property markets, allowing it to tailor its developments to cater to the unique needs and preferences of each region.

4. Strong Financial Performance and Corporate Governance

CDL’s strong financial performance and prudent management strategies have contributed to its success in the property development industry. The company consistently generates healthy returns on its investments, which has helped to bolster its financial position and support its growth initiatives.

Moreover, CDL adheres to high standards of corporate governance, ensuring that its business operations are transparent and accountable. The company’s commitment to ethical business practices has not only earned it the trust of its stakeholders but also contributed to its long-term success.

5. Community Engagement and Corporate Social Responsibility

CDL recognizes the importance of giving back to the community and actively participates in various corporate social responsibility (CSR) initiatives. These initiatives are aimed at enhancing the quality of life for the communities in which CDL operates and promoting sustainable development.

Some of CDL’s notable CSR efforts include its support for environmental conservation, educational programs, and community development projects. The company’s environmental initiatives focus on reducing its carbon footprint, promoting biodiversity, and conserving resources. CDL has also established partnerships with various educational institutions and non-profit organizations to provide scholarships and support programs that empower underprivileged youths.

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