The decision to invest in a condo in Singapore is increasingly favored by both local and foreign investors, thanks to the country’s strong economy, stable political climate, and excellent standard of living. With a flourishing real estate market, Singapore offers a wealth of opportunities for investors, with condos being a particularly attractive choice. These properties boast convenience, a wide range of amenities, and the potential for significant returns. If you’re considering investing in a condo in Singapore through Singapore Projects, read on to discover the advantages, important factors to consider, and key steps to take.
Frasers Property and its long-term partner Sekisui House have announced plans to redevelop two properties – Robertson Walk and Fraser Place Robertson – both currently held under a 999-year lease. The new mixed-use development will feature 348 residential units, as well as a variety of F&B options and entertainment facilities. Construction is set to begin next year and is expected to be completed by the end of 2028.
According to Frasers Property, the redevelopment will have a total gross floor area of 30,664 sqm (330,067 sq ft). This move is in line with the company’s active asset management strategy, as Soon Su Lin, CEO of Frasers Property Singapore, explains, “We have identified this opportunity to maximize returns on our prime 999-year site in the heart of Robertson Quay.”
The development of the site will be carried out through a 51:49 joint venture between Frasers Property and Sekisui House. In the meantime, Robertson Walk and Fraser Place Robertson will continue to be managed by the Frasers Property Group until operations cease on 31 May 2025. This development is a testament to Frasers Property’s dedication to optimizing its assets and delivering exceptional value to its stakeholders.