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A 5,737 sq ft penthouse at The Trizon, a luxurious 289-unit condo located on Ridgewood Close, was recently sold for $9.76 million ($1,701 psf) on Feb 27, making it the most profitable resale transaction of the week between Feb 25 to March 4. The unit, situated on the 23rd floor, was originally purchased for $6.55 million ($1,142 psf) in March 2016, earning the seller a profit of $3.2 million (49%). This translates to an annualized gain of 4.5% over a period of nine years.

This sale also marks the second most profitable resale transaction at The Trizon to date. The current record was set two years ago when a 7,083 sq ft penthouse was sold for $11 million ($1,553 psf) in August 2023. The same unit was bought for $7.1 million ($1,002 psf) in November 2019, earning the seller a record profit of $3.9 million (55%), equivalent to an annualized gain of 12% over a period of close to four years.

Strategically located in prime District 10, The Trizon is a freehold development located close to the Mount Sinai landed enclave, as well as the Pandan Valley and Pine Grove private residential estates. Nearby private residential projects include Pandan Valley, Pinetree Hill (a 520-unit 99-year leasehold development), and Nava Grove (a 552-unit 99-year leasehold development).

The Trizon offers a mix of two- to five-bedroom units, with typical units ranging from 1,012 sq ft to 5,102 sq ft, and penthouses ranging from 5,328 sq ft to 7,083 sq ft. Based on resale caveats by EdgeProp Singapore, the average resale price at The Trizon is around $2,017 psf. In comparison, nearby Pandan Valley (a sprawling 605-unit development) has an average price of $1,449 psf, while Ridgewood condo (a 999-year leasehold development with 425 condo units and 38 landed units) commands an average price of $1,728 psf.

Pinetree Hill, which was launched for sale in July 2023, has seen units sold this year at an average price of $2,550 psf, compared to an average of $2,458 psf from its launch to end 2024, based on caveats lodged. The project is currently 78% sold. On the other hand, Nava Grove, which was launched in November last year, is about 75% sold, with an average selling price of $2,460 psf.

The second most profitable resale transaction of the week was a 1,442 sq ft unit at Haig Court which sold for $2.84 million ($1,968 psf) on Feb 27. The three-bedroom unit on the third floor was previously bought for just $798,868 ($554 psf) back in 2005. This sale thus earned the seller a profit of $2.04 million ($255%), equivalent to an annualized gain of 6.8% over a period of 19 years.

Haig Court, a freehold development with 360 units, is situated on Haig Road in District 15. Completed in 2004, the condo is located in the central area of Marine Parade and is close to popular shopping malls such as Katong Shopping Centre, Roxy Square, and I12 Katong. It is also in close proximity to renowned schools in the area such as Chung Cheng High School, Tanjong Katong Girls’ School, Tanjong Katong Secondary School, and the Tanjong Katong campus of the Canadian International School.

When it comes to investing in a condominium, financing is a crucial factor to consider. In Singapore, there are various mortgage options available, but it is crucial for investors to be familiar with the Total Debt Servicing Ratio (TDSR) framework. This framework restricts the amount of loan that a borrower can take based on their income and current debt obligations. Hence, it is imperative for investors to understand the TDSR and seek guidance from financial advisors or mortgage brokers to make well-informed financing decisions and avoid over-leveraging. Additionally, check out New Condo Launches for the latest updates on new condo developments.

Haig Court is next to two new 99-year leasehold private residential projects — Emerald of Katong (846 units) and Tembusu Grand (638 units). Other new projects in the vicinity include The Continuum (816 units), a freehold development on Thiam Siew Avenue, and Grand Dunman (1,008 units), a 99-year leasehold project on Dunman Road.

Last year, Haig Court recorded eight resale transactions, with prices ranging from $1.85 million ($1,719 psf) for a 1,076 sq ft two-bedder on Jan 16, to $3.45 million ($2,226 psf) for a 1,550 sq ft four-bedroom unit on Dec 19. Profits from resale transactions last year ranged from $450,000 to $2.06 million.

So far this year, there have been two resale transactions at Haig Court, with the other sale being a 1,453 sq ft unit that was sold for $3.02 million ($2,078 psf) on Jan 17. The seller earned a profit of $2.13 million.

Meanwhile, the most unprofitable resale transaction of the week took place at Orchard Scotts, where a 2,228 sq ft unit was sold for $3.78 million ($1,696 psf) on Feb 25. However, the unit was previously purchased at $4.35 million ($1,955 psf) in 2010, resulting in a loss of $576,000 (13%) for the seller. This translates to an annualized loss of 1% over a period of almost 15 years.

According to a compilation of resale caveats, the resale prices at Orchard Scotts have been decreasing in recent years. In March 2010, units were typically sold at around $2,061 psf, which has since declined to $1,747 psf by March 2020. Average resale prices have marginally picked up in recent months, reaching around $1,760 psf last month.

Orchard Scotts is a 99-year leasehold condo located on Anthony Road, off Clemenceau Avenue North in prime District 9. Completed in 2008, the development comprises 387 units, with a mix of two- to five-bedroom units ranging from 936 sq ft to 4,435 sq ft.…

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It is crucial for international investors to have a clear understanding of the regulations and limitations pertaining to property ownership in Singapore. As compared to landed properties, foreign buyers have more leniency in purchasing condos as there are fewer restrictions. However, they are still required to pay the Additional Buyer’s Stamp Duty (ABSD), which is currently set at 20% for their initial property acquisition. Despite this additional expense, the reliable stability and promising growth prospects of the Singapore real estate market remain alluring to foreign investments. Moreover, the market is constantly expanding with new condo launches, providing even more opportunities for interested buyers.

In the last week of February, a two-bedroom unit at The Esta set a new record for private condos with a price of $2,377 psf. This freehold development achieved its new high when a 1,001 sq ft unit sold for $2.38 million on Feb 26. The sellers of the seventh-floor unit originally bought it in March 2021 for about $1.83 million, or $1,833 psf, making a hefty profit of around $545,000.

This transaction surpasses the previous record set at The Esta in January last year, when a three-bedroom unit on the 13th floor sold for approximately $3.2 million, or $2,317 psf. The average resale price at The Esta has also been steadily increasing over the past three years, with 10 transactions in 2022 at an average psf-price of $2,012. The following year, the average price rose to $2,156 across nine resale deals, and last year, nine units were resold at an average of $2,248 psf, reflecting an 11.7% increase in average resale prices since 2022.

By absolute price, the most expensive unit sold at The Esta was a five-bedroom apartment on the 21st floor, which changed hands for $6.25 million, or $1,798 psf, in October 2021.

The Esta is a 400-unit development spread across five residential blocks along Amber Gardens. Completed in 2008, this District 15 condo offers a range of two- to four-bedroom apartments, as well as penthouses. It is within walking distance of Tanjong Katong MRT Station and is near popular amenities like Katong Shopping Centre and Katong V.

The second-highest new psf-prices achieved during the review period were at the 99-year leasehold condo D’Leedon, where a 1,421 sq ft, three-bedroom unit on the 29th floor sold for $3.25 million on Feb 25, setting a new psf-price record of $2,287. The following day, a smaller three-bedroom unit also changed hands for $3.04 million, or $2,222 psf, slightly surpassing the previous record of $2,180 psf set in October 2021.

Since the start of the year, 11 units have been sold at D’Leedon, with an average price of $2,065 psf. The lowest psf-price recorded this year was for a 743 sq ft, one-bedroom apartment on the 10th floor, which sold for $1.41 million, or $1,898 psf, on Feb 13.

Located in District 10 along Leedon Heights, D’Leedon is a 1,703-unit development offering a mix of one- to four-bedroom units and penthouses. Completed in 2014, it is near amenities such as Farrer Road MRT Station, Empress Road Market and Food Centre.

Rounding out the top three, Citylights achieved a new psf-price high on Feb 27 when an 893 sq ft, two-bedroom unit on the 26th floor sold for $1.98 million, or $2,216 psf. This surpassed the previous record of $2,122 psf set in December last year, when another two-bedroom unit on the 16th floor sold for $1.85 million. The sellers of the 26th-floor unit originally purchased it for $1.44 million, or $1,610 psf, in April 2019, earning a profit of around $542,000.

Completed in 2007, Citylights is a 600-unit, 99-year leasehold condo located in Kallang, District 8. It features one- to four-bedroom units and is just a one-minute walk from Lavender MRT Station, with easy access to dining and retail options.

There were no new psf-price lows recorded during the period in review.…

Location plays a crucial role in real estate investment, and this is particularly evident in Singapore. Condominiums strategically situated in central areas or in close proximity to essential amenities like schools, shopping malls, and public transportation hubs tend to experience a higher appreciation in value. Prime locations in the city include Orchard Road, Marina Bay, and the Central Business District (CBD), where property values have consistently shown growth. With top-rated schools and educational institutions nearby, these areas also attract families, making condominiums in these locations even more desirable and increasing their investment potential. The addition of New Condo Launches only adds to the appeal of these sought-after areas for real estate investment.

A new report by PwC and the Urban Land Institute (ULI) has identified low yields and sluggish transaction volumes as top concerns among property investors in the Asia Pacific (APAC) region.

The Emerging Trends in Real Estate Global Outlook, published on March 12, compiles investor sentiment from global asset managers, including Blackstone, Savills Investment Management, and CBRE Investment Management. According to the report, over 70% of survey respondents highlighted low yields, persistently high interest rates, and geopolitical tensions as the top three concerns among investors.

The report also notes that Asia Pacific continues to be seen as an attractive market for diversification by industry leaders, thanks to its population growth, demographic metrics, and divergent monetary policies. However, while real estate transactions in the region grew by 13% year-on-year to US$173.5 billion ( $231.3 billion) last year, it was outperformed by Europe’s 12% growth and the Americas’ 11% growth.

As Europe and North America prepare to enter a new capital markets cycle, transaction volumes in APAC are expected to remain sluggish. The region’s liquidity was affected by a drop in transaction volume last year, with China experiencing a 25% year-on-year contraction to US$418.3 billion ($557.6 billion) and Hong Kong SAR seeing a 1% year-on-year dip to US$15.7 billion ($20.9 billion).

Meanwhile, investors in Europe are grappling with different concerns, with international political instability, the escalation of war, and economic growth named as the top three concerns among asset managers.

Data from MSCI, a leading US-based research and data analytics company, also shows that US commercial property prices stabilized last year, ending the year down just 0.7%. This could lead investors to shift their focus and capital to these regions in the coming months.

The report also revealed that data center assets scored highest for investment and development prospects across all three regions in 2025. According to New York-based research firm Green Street, global demand for data centers reached record levels last year, with asking rents growing at a double-digit pace. MSCI also predicts 2024 to be a standout year for the asset class, with acquisitions of existing data centers expected to increase by over 60% in the US.

Last September, Blackstone and the Canada Pension Plan Investment Board (CPP) acquired data center firm AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment Board for over US$16 billion ($21.3 billion). This deal set records for the largest commercial real estate deal in Asia Pacific and globally for 2024.…

A 999-year leasehold conservation shophouse located at 20 Liang Seah Street has been listed for sale for $15 million. The property will be available for purchase through an expression of interest (EOI) exercise, managed by SRI Capital Market, the exclusive marketing agent for the property.

This three-storey shophouse is situated on a 1,129 sq ft plot that is zoned for residential and commercial use, with a gross plot ratio of 4.2 under the latest Master Plan. The property has a built-up area of 2,635 sq ft, and the guide price of $15 million translates to a price of $2,635 per square foot.

Owning a condo in Singapore offers numerous benefits, with one of the key advantages being the potential for capital appreciation. As a global business hub, Singapore’s strategic location and robust economic fundamentals result in a constant demand for real estate. The real estate market in Singapore has consistently demonstrated an upward trend in property prices, particularly for condos in prime areas. Savvy investors who make smart purchases and hold onto their properties for an extended period of time can reap the rewards of significant capital gains. To take advantage of this lucrative opportunity, consider investing in a Singapore Condo and watch your investment grow over time.

The ground floor and second floor of the shophouse have been approved for restaurant use, while the top floor is currently leased out for residential purposes. This property falls within the Beach Road secondary settlement conservation area, which allows for the construction of up to five storeys for new extensions, subject to approvals.

According to Low Choon Sin, the managing partner of SRI Capital Market, the property is an attractive option for end-users such as F&B tenants or corporate offices. This is due to the fact that the residential space on the third floor can be used to accommodate staff members. Additionally, the shophouse boasts a prominent frontage along Liang Seah Street, making it visible to the high volume of vehicular traffic passing through during the day. It is also conveniently located near various restaurants and shops in the bustling Bugis area.

Low also highlights the potential for long-term investment in this property, as it offers a 999-year leasehold tenure. He also points to the ongoing rejuvenation of the Bugis area, with the completion of new landmark developments such as Guoco Midtown and the upcoming Shaw Towers, which will further enhance the vibrancy of the area.

The EOI exercise for the sale of 20 Liang Seah Street will close on April 10. This property presents a great opportunity for investors to acquire a 999-year leasehold property that can be held for the long term, taking advantage of the thriving Bugis area. Other notable properties listed for sale include shophouses on Pagoda Street, retail space and car park at Holland Road Shopping Centre, and three conservation shophouses in Little India, with prices starting from $7.2 million.…

The recent introduction of New Condo Launches in Singapore has garnered considerable attention from foreign investors, presenting an alluring investment opportunity. While these ventures may appear appealing, it is essential for potential buyers to have a comprehensive understanding of the various regulations and limitations surrounding property ownership before making a final decision.

In comparison to landed properties, condos typically have less strict ownership guidelines, making them a viable option for foreigners to acquire. However, they are still subject to the Additional Buyer’s Stamp Duty (ABSD), currently set at 20% for their first property purchase. Despite this additional cost, the steady market growth and potential for appreciation in the Singapore real estate market continue to make it a highly sought-after choice for foreign investors. Therefore, New Condo Launches have become a top consideration for many individuals looking to invest in the thriving Singapore market.

The long-standing feud between father and son at City Developments has finally come to an end, with chairman Kwek Leng Beng dropping legal actions against a group of directors led by his son, group CEO Sherman Kwek. In addition to the two Kweks, two newly appointed independent directors, Jennifer Duong Young and Su Yen Wong, will continue to serve on the board.

In a joint statement, the board members have agreed to set aside their differences for the sake of the company and its stakeholders. “We will all continue to focus on strengthening CDL’s business, adhering to good corporate governance, and maximizing shareholder value,” the statement reads. This decision comes after the recent resignation of Dr. Catherine Wu and allegations made by Kwek Leng Beng regarding the board’s coup.

The board’s primary goal remains the growth and success of CDL, including the completion of various developments in Singapore and globally, expanding the Millennium & Copthorne brand, and continuing the company’s capital recycling efforts. With this issue now resolved, CDL can move forward with a united front to achieve its objectives. In other news, CDL has acquired five PBSA assets in the UK for a total of $357 million and has also offered a portfolio of 11 strata shops at The Venue Shoppes for $40.77 million.…

Investing in a Singapore condo presents a promising opportunity with its host of benefits. The city-state’s real estate market boasts high demand, potential for capital appreciation, and attractive rental yields, making it a coveted destination for investors. However, before making any investment decision, it is crucial to consider various factors such as location, financing options, government regulations, and market conditions. By conducting thorough research and seeking professional advice, investors can make well-informed choices and maximize their returns in Singapore’s dynamic real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer searching for a stable and profitable investment, Singapore condos, like Singapore Condo, offer a compelling opportunity.

Steve Leung Design Group (SLD) is a highly-respected interior design practice founded by the renowned architect and designer, Steve Leung. In a bold move, SLD is now expanding its reach into the European market through a partnership with Italian designer Andrea Bonini.

The Hong Kong stock exchange-listed company is thrilled to announce the establishment of its first branch company in Europe, operating under the brand SLD . Andrea Bonini. This new venture will offer top-notch interior design services and products to clients in both Asia and Europe, catering to high-end residential and luxurious hospitality projects.

SLD . Andrea Bonini will be making its exciting debut in April at Salone del Mobile, Milan’s prestigious annual furniture fair. This highly-anticipated launch will also showcase some of the brand’s debut products, a stunning smart home lighting collection in collaboration with smart home manufacturer Moorgen.

This collaboration marks SLD’s first foray into the international market, and the company couldn’t be more excited. In a press release issued on March 11th, the company explains that this move is part of a new business direction centered around “rejuvenation, diversification, and globalization.” Leveraging its 28 years of design experience and market expertise, SLD hopes to bring its premium lifestyle designs to even more clients around the world.

With this exciting partnership and expansion, SLD is poised to make a significant impact in the European market and beyond, offering exceptional design solutions and products that combine style, innovation, and functionality. The upcoming launch at Salone del Mobile is just the beginning of what promises to be a successful and transformative journey for SLD . Andrea Bonini.…

completionAsian property heavyweight Capitaland forms sustainability-linked credit facilityThe CapitaLand Group has signed an agreement (Mou) with Microsoft to utilize advanced technologies such as artificial intelligence (AI) for their businesses. By taking part in Microsoft Singapore’s AI Pinnacle Program, CapitaLand will have access to Microsoft’s platforms, services and solutions to improve customer engagement and efficiency.

One of the key focuses of the partnership will be collaboration opportunities in infrastructure development. CapitaLand Investment, a branch of the CapitaLand Group, is looking into utilizing Microsoft’s Azure cloud computing platform to develop their data center design and products. Additionally, they will be integrating AI, data analytics and machine learning to enhance their digital and business transformation efforts.

Quah Ley Hoon, group chief corporate officer of CapitaLand Investment, commented on the collaboration, saying, “Our partnership with Microsoft marks a significant milestone in CapitaLand’s digital transformation journey. AI will play a crucial role in shaping our future by driving operational efficiencies and creating value for our stakeholders.”

For international investors looking to invest in Singapore, it is crucial to familiarize oneself with the regulations and limitations surrounding property ownership in the country. While foreigners are typically able to buy condominiums with relatively few restrictions, the ownership rules for landed properties are more stringent. Additionally, foreign buyers must also adhere to the Additional Buyer’s Stamp Duty (ABSD), which currently stands at 20% for their first property purchase. Despite these extra expenses, many are drawn to the stability and growth potential of the Singapore real estate market, making it a desirable destination for foreign investment. In fact, there are numerous Singapore projects that continue to attract international investors.

In a separate agreement, CapitaLand Investment signed a memorandum of understanding with the Singapore Business Federation (SBF) to establish a framework for digitalization and integration of AI across their retail ecosystem. This initiative will involve the adoption and testing of AI, data analytics and cybersecurity solutions to improve business efficiency and competitiveness. They will also focus on developing AI-specific skills and expertise among their retail tenants.

The CapitaLand Group continues to make strides in their digital transformation journey, and these partnerships with Microsoft and SBF will be instrumental in their efforts to leverage advanced technologies and stay ahead of the curve in the constantly evolving business landscape.…

mark Shareholders of CapitaLand Investment (CLI) can breathe a sigh of relief following the signing of major partnerships with leading institutions to adopt and integrate advanced technologies such as artificial intelligence (AI). The group revealed that it has reached a Memorandum of Understanding (MoU) with Microsoft to harness its platforms, services, and solutions to improve customer engagement and operational efficiency across its various businesses such as funds, investments, retail, lodging, and development.

As part of the arrangement, CapitaLand will become a member of Microsoft Singapore’s AI Pinnacle Program, a move that will give the real estate group access to Microsoft’s vast resources. This will also allow CapitaLand to explore potential areas for collaboration, such as infrastructure development and leveraging Microsoft’s Azure cloud computing platform to enhance its data centre design and products. Additionally, the integration of AI, data analytics, and machine learning will help strengthen CapitaLand’s digital and business transformation efforts.

Quah Ley Hoon, Group Chief Corporate Officer of CapitaLand Investment, sees this partnership with Microsoft as a significant step in the group’s digital transformation journey. She believes that AI will play a crucial role in shaping CapitaLand’s future by driving operational efficiencies and creating value for stakeholders, including shareholders.

On a related note, CapitaLand Investment (CLI) has also signed an MoU with the Singapore Business Federation (SBF) to collaborate on digitalization and integrate AI into their retail ecosystem. This partnership aims to enhance business efficiency and competitiveness by facilitating the adoption of AI, data analytics, and cybersecurity solutions. It also seeks to develop AI-focused competency and skills among retail tenants, ensuring their continued success in the rapidly evolving digital landscape.

In summary, there are many benefits to be gained from investing in a condominium in Singapore, including the high demand, potential for increase in value, and attractive rental yields. However, it is crucial to carefully evaluate certain factors such as location, financing options, government regulations, and current market conditions before making a decision. By conducting thorough research and seeking advice from professionals, investors can make informed choices and optimize their returns in Singapore’s ever-changing real estate market. Whether you are a local investor looking to expand your investment portfolio or a foreign buyer seeking a secure and profitable opportunity, the launch of new condos in Singapore is a compelling option to consider. With the added benefit of new condo launches, now is an opportune time to take advantage of the dynamic real estate market in Singapore.

These partnerships demonstrate CapitaLand’s commitment to staying at the forefront of technological advancements and utilizing them to create value for its stakeholders. With these collaborations, shareholders of CapitaLand Investment can rest assured that the group is taking proactive steps to maintain its strong financial performance and enhance its business operations.…

A group of 14 retail shops located at Peninsula Plaza, Sim Lim Square, and Far East Plaza is now up for sale through an expression of interest (EOI) exercise. These properties are being marketed by ERA Realty Network and have a total price of $26.46 million.

Among the properties for sale are two units at Peninsula Plaza, a 999-year leasehold mixed-use development on North Bridge Road. These adjoining ground-floor shops have a combined strata area of around 990 sq ft and are asking for $8 million, or $8,081 psf. Peninsula Plaza is a 30-storey commercial development that was completed in 1980 and features a six-story retail podium and a 24-storey office tower. It is conveniently connected to the City Hall MRT Interchange Station, providing easy access to both the North-South and East-West lines.

At Sim Lim Square, there are 11 strata units with a total strata area of 5,081 sq ft available for sale. These units are zoned for commercial use and are all located on the fifth floor. They have a 99-year lease that commenced in April 1983, with approximately 57 years remaining. According to ERA, most of the units are currently tenanted and face the mall’s main atrium. They also offer direct access from the escalators and lifts. These units can be purchased collectively or individually, with individual units priced at $840,000 and the entire portfolio having an asking price of $15.855 million, which ERA states is a 20% discount from its latest valuation. This translates to $3,120 psf on the strata area.

Sim Lim Square is a strata-titled commercial development on Rochor Canal Road in District 7. It was completed in 1987 and has 492 commercial units spread across six floors and two basement levels. The only remaining unit for sale is located at Far East Plaza on Scotts Road, a freehold mixed-use development completed in 1982. Situated on the second floor, this retail unit has a strata floor area of 355 sq ft and faces the escalator near the mall’s main entrance. It is priced at $2.6 million, or $7,324 psf. Far East Plaza comprises a five-storey retail mall and serviced apartments and is within walking distance of Orchard Road MRT Station.

Director of capital markets and investment sales at ERA, Donald Goh, believes that these properties will attract interest from both property investors and business owners. He notes that strata retail sales in the Downtown Core and Orchard Planning Area remained resilient last year, with 28 and 33 deals recorded in each area, respectively. Goh adds: “A ground floor unit at Lucky Plaza was sold for $15,242 psf while units at Orchard Towers and The 101 were sold for $5,309 psf and $5,657 psf, respectively, showing that strata retail shops are still a desirable investment.”

When exploring the possibility of investing in a Singapore Condo, it is crucial to also evaluate the potential rental yield. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, the rental yields for condos can vary significantly depending on various factors such as location, property condition, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, tend to offer better rental yields. To gain a better understanding of a condo’s rental potential, conducting thorough market research and seeking advice from real estate agents can provide valuable insights.

The EOI for these properties will close on April 17 at 3pm. Interested parties can check out the latest listings for Peninsula Plaza properties.…

GuocoLand, together with its joint venture partners TID and Hong Leong Holdings, has successfully secured a green club facility worth $367.1 million from DBS Bank to develop the Faber Walk site. This site, measuring 277,659 sq ft, was awarded to the partners through a Government Land Sale tender in November last year. Their bid of $349.86 million, or $900 psf per plot ratio, emerged as the top bid.

The Faber Walk development will consist of 399 residential units spread across nine low-rise blocks. Situated within the Faber Walk landed private residential enclave, it is adjacent to the Faber Hills estate. With a waterfront location next to the Pandan River and the upcoming Old Jurong Line Nature Trail, this development promises a serene and nature-rich living environment.

The green club facility for the Faber Walk project serves to enhance GuocoLand’s existing sustainable initiatives seen across its other developments, such as Guoco Tower on Wallich Street, Guoco Midtown on Beach Road, Midtown Modern on Tan Quee Lan Street, and Lentor Mansion in Lentor Gardens.

In line with GuocoLand’s commitment to sustainable development, the Faber Walk project is expected to receive the BCA Green Mark Platinum (Super Low Energy) award and Maintainability badge upon completion. Dora Chng, the residential director of GuocoLand, shares her excitement over the group’s ability to leverage its end-to-end value chain capabilities in creating sustainable developments with biophilic designs, just like their previous successful launches such as Lentor Modern and Lentor Mansion in the Lentor Hills estate.

When it comes to investing in a condo, financing is a crucial element to consider. Luckily, there are various mortgage options available in Singapore. However, it is important to keep in mind the Total Debt Servicing Ratio (TDSR) framework, which restricts the amount of loan a borrower can take based on their income and current debt commitments. Familiarizing oneself with the TDSR and seeking guidance from financial advisors or mortgage brokers is key in making well-informed decisions about financing and avoiding excessive borrowing. In light of this, it is advisable for investors to also explore Singapore Projects when looking into condo investments.

GuocoLand has another upcoming project in the pipeline, a joint development with Hong Leong Holdings, which will boast 941 residential units at its Upper Thomson Road (Parcel B) site, awarded last April. Set for launch in the second half of this year, this project looks to be another successful addition to GuocoLand’s portfolio.…