Grade A office rents in the Central Business District (CBD) saw a marginal increase of 1.0% q-o-q in 1Q2023, according to research by real estate consultancy JLL. This represented the second consecutive quarter of slower growth, down from the 1.2% q-o-q recorded in the previous quarter.
Andrew Tangye, head of office leasing and advisory at JLL Singapore, cites macroeconomic uncertainties as the main contributor to the slower growth, with larger space users exercising caution over relocation and expansion plans. This has meant that leasing activity in 1Q2023 was driven mainly by small-to-medium-sized occupiers with immediate needs, such as companies that had increased hirings or needed to accommodate new workspace designs.
Notable tenants that have taken up space at Guoco Midtown in the Bugis-Beach Road area and IOI Central Boulevard Towers in the Marina Bay financial district include financial services, technology, media, and professional service companies. Other soon-to-be-completed projects in the …
Bukit Timah is a prime residential district located in the central region of Singapore. It is known for its affluent neighborhood, picturesque surroundings, and an excellent mix of amenities that cater to the needs of residents. The place offers a perfect balance between a calm suburban lifestyle and urban convenience, making it one of the most sought-after locations in Singapore. In this article, we will explore why Bukit Timah is a great place to live and why you should consider making it your home.
Luxurious Lifestyle
Bukit Timah is a prime location for those who value luxurious living. It is home to some of the most upscale residential developments in Singapore, ranging from luxury condominiums to lavish landed properties. The area boasts of spacious and modern homes that are designed to cater to the needs of residents who are looking for a comfortable and lavish lifestyle.
The area also offers …
CDL, or City Developments Limited, is a Singapore-based real estate developer that has been in operation for over 50 years. The company was founded in 1963 and has since grown into one of the largest real estate developers in Singapore, with a presence in over 100 locations worldwide.
Over the years, CDL has built a reputation for developing high-quality residential, commercial, and industrial properties. The company’s portfolio includes some of the most iconic buildings in Singapore, such as the Singapore Marriott Tang Plaza Hotel, the One Shenton residential tower, and the Republic Plaza office building.
CDL has also been recognized for its commitment to sustainability and environmental responsibility. The company has received numerous awards for its efforts to reduce carbon emissions, conserve energy, and promote sustainable building practices. CDL was the first developer in Singapore to receive the Green Mark Platinum Award for its City Square Mall development, which was …
Bukit Panjang is a suburban town in the northwestern part of Singapore. It is a residential area that is known for its greenery and tranquil surroundings. In recent years, Bukit Panjang has undergone significant development, and shopping centers have sprung up to meet the growing needs of residents. In this article, we will review some of the shopping centers in Bukit Panjang.
Hillion Mall is a relatively new shopping center that opened its doors to the public in 2017. It is located next to the Bukit Panjang MRT station, making it easily accessible for residents and visitors. The mall spans five levels and has over 240 shops, including a cinema, a supermarket, and a food court.
One of the unique features of Hillion Mall is its outdoor Sky Garden, which provides a green and relaxing space for shoppers to take a break. There is also a rooftop garden …
Bukit Panjang, which translates to “long hill” in Malay, is a residential town located in the northwestern region of Singapore. With a population of over 140,000 people, Bukit Panjang is one of the more densely populated areas of Singapore. Despite this, it has several advantages that make it an excellent place to stay. In this article, we will explore the benefits of living in Bukit Panjang.
Convenient Transportation
One of the most significant advantages of living in Bukit Panjang is its excellent transportation network. The town is served by several major roads, including the Bukit Timah Expressway, Kranji Expressway, and Pan Island Expressway, making it easy to commute to other parts of Rent Out Condo Singapore. Bukit Panjang is also connected to the Downtown Line and LRT system, providing residents with easy access to other parts of Singapore, including the Central Business District (CBD). With public transport options like MRT …
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A commercial shophouse located at 52 Boat Quay in Singapore has recently been sold for Marina Gardens Condo $37 million, making the seller a gain of $16 million. This six-storey property sits on a 1,119 sq ft site and has an estimated total built-up area of 6,446 sq ft. Savills Singapore acted as the broker for this transaction.
The building underwent extensive renovations in 2015 and has since been converted into a modern and well-equipped commercial space. Upon closer inspection, the top two floors are occupied by the Italian restaurant Braci while the ground floor is home to an Izakaya bar. Additionally, corporate office tenants take up residence on the second and fourth floors.
Yap Hui Yee, the Executive Director of Investment Sales and Capital Markets at Savills Singapore who brokered the deal, commented on the high interest the property garnered from investors. She cited its rarity as a …
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