#singaporecommercialproperty

[velle-yee-blog]

The sites are in Woodlands and Tuas. Jurong Town Corporation (JTC) has launched two industrial sites at Woodlands Industrial Park E2/E5 and Tuas South Link 3 (Plot 16) for sale. According to a press release, these are the third and fourth out of eight confirmed list sites for H2, respectively. The 0.5 ha site at Woodlands Industrial Park E2/E5 is zoned for Business-2 development and has a 20-year tenure with a maximum permissible gross plot ratio of 2.5. Meanwhile, the 0.5 ha site at Tuas South Link 3 (Plot 16) is also zoned for Business-2 development with a 20-year tenure. It has a maximum permissible gross plot ratio of 1.4. The tender for the sites will close on 21 November 2017 at 11 a.m. JTC said the launch of the sites is part of the government's efforts to offer more choices for industrial development. 🔗http://sbr.com.sg/commercial-property/news/jtc-launches-2-industrial-sites-sale. #investsg #investsingapore #singaporerealtor #singaporeproperty #singaporerealestate #singaporeindustrialproperty #singaporecommercialproperty #woodlands #tuas #velleyeecm #velleyeecm.wixsite.com/propertyonline (at Singapore)

[cherylyeosg]

Royal Square Novena finally Obtained TOP - means you can move in Now. Mixed development comprising medical suites, Day surgical Centre, image n scan centre. IVF centre retail,restaurants and Marriott courtyard hotel. Sept 27,2017 will be the opening of the Marriott Eight Courtyard . #singaporecommercialproperties ,#sgretailmalls #sgshops ,sg restaurants #sgmedical ,#sgmedicalclinic ,#sgdoctors ,#sgdoctor ,sgretail, #askcheryl ,#seeonlineproperty

[velle-yee-blog]

Chart of the Day: Private industrial rents shrink by 0.8% in Q2 Occupancy for private warehouse space also fell to 88%. This chart from the Ministry of Trade and Industry (MTI) shows private industrial space rentals fell by 0.8% QoQ from 0.9% decline in the previous quarter. Occupancy rate in the private sector multiple-user factory space segment stood at 86%. This was lower than the 87% registered in the previous quarter. Likewise, the occupancy rate for private sector warehouse space declined from 90% to 88% in the second quarter. 🔗http://sbr.com.sg/commercial-property/news/chart-day-private-industrial-rents-shrink-08-in-q2 #investsg #investsingapore #singaporecommercialproperty #singaporeindustrialproperty #singaporerealtor #singaporerealestate #singaporeproperty #mapex #shinetuas #shine #westconnect #noveltybizcentre #velleyeecm #velleyeecm.wixsite.com/propertyonline (at Singapore)

[velle-yee-blog]

Chart of the Day: Private office rentals dipped 1.1% in Q2 No thanks to bleak demand and rising supply. This chart from the Ministry of Trade and Industry (MTI) shows office space rentals dipped by 1.1%, extending the 3.4% drop in the previous quarter. Average occupancy also slid down from 87% in Q1 to 86% in Q2. MTI said this was due to bleak demand in spite of rising supply. Meanwhile, private retail rentals fell by 1.2% in Q2, extending the 2.9% drop from the previous quarter. Retailers continued to face challenging operating conditions, even as the supply of retail space continued to increase. Occupancy rate of private retail space stayed 91%, lower than the average occupancy rate of 93% achieved in the past five years. 🔗http://sbr.com.sg/commercial-property/news/chart-day-private-office-rentals-dipped-11-in-q2. #investsg #investsingapore #singaporecbd #singaporeoffice #singaporecommercialproperty #singaporerealtor #singaporeproperty #singaporerealestate #vonshenton #eonshenton #onzeavenue #citygate #centriumsquare #thecitron #trio #therise #ascent456 #kallangriverside #royalsquare #macphersonmall #noveltybizcentre #thevenue #hexacube #theflow #tspace #noveltytechpoint #starsofkovan #183longhaus #mapex #velleyeecm #velleyeecm.wixsite.com/propertyonline (at Singapore)

[velle-yee-blog]

Sectors that will benefit are maritime, infrastructure, and technology. The Urban Redevelopment Authority (URA) unveiled the draft master plan for Jurong Lake District (JLD), aiming to achieve a Central Business District (CBD) with adaptable spaces for the future economy. According to Cushman & Wakefield director for research Christine Li, URA intends to leverage on JLD’s proximity to the High Speed Rail terminus and Tuas mega-port to create 100,000 new jobs in the maritime, infrastructure and technology sectors. "Given the standard space provision of 90 sq ft/worker, this would translate into a requirement of approximately 9 million sq ft of new office space," she said. She added, "As there is currently only approximately 1.6 msf of office space in Jurong, this would result in a more than 5 times increase of office stock in the area. There is also the question of whether URA will reduce the future supply of land parcels in Marina Bay to reduce the risk of an oversupply of office space islandwide." 🔗http://sbr.com.sg/commercial-property/more-news/jurong-lake-district-development-create-100000-new-jobs #investsg #investsingapore #juronglakedistrict #singaporecbd #singaporehome #singaporecommercialproperty #singaporeindustrialproperty #singaporeproperty #singaporerealtor #singaporeprivateproperties #singaporeresidential #singaporeoffice #singaporeshops #velleyeecm #velleyeecm.wixsite.com/propertyonline #lakegrande #lakeville #westconnect #hillstwoone #solacres #northparkresidences (at Singapore)

[velle-yee-blog]

JLD is strategically located near high-value industries, the future Tuas Port, two world-class research universities, and offers convenient connections to the city and Malaysia. The High-Speed Rail to Kuala Lumpur will open new markets and opportunities in a metropolitan region of more than 10 million people. It will enhance the flow of talent and travellers, facilitate knowledge, business and cultural exchanges, and stronger social links to make JLD an attractive hub for regional businesses.. Building on the existing cluster of firms and public agencies in Jurong Gateway, JLD could be a hub for infrastructure development firms. It also offers an attractive location for firms in the maritime services sector, given its proximity to the new port and the surrounding industrial and logistics clusters. 🔗https://www.jld.sg/The-Second-CBD/A-New-Gateway-for-Singapore. #investsg #investsingapore #singaporecbd #singaporehome #singaporecondo #singaporerealtor #singaporeproperty #singaporerealestate #singaporeprivateproperties #singaporeresidential #singaporeindustrialproperty #singaporecommercialproperty #velleyeecm #VelleYeeCM.Wixsite.com/PrropertyOnline #juronglakedistrict #juronggateway #jurongeast #juronglake ##Tuasport #HSRKlu🔗https://www.jld.sg/The-Second-CBD/A-New-Gateway-for-Singapore (at Singapore)

[velle-yee-blog]

JLD is strategically located near high-value industries, the future Tuas Port, two world-class research universities, and offers convenient connections to the city and Malaysia. The High-Speed Rail to Kuala Lumpur will open new markets and opportunities in a metropolitan region of more than 10 million people. It will enhance the flow of talent and travellers, facilitate knowledge, business and cultural exchanges, and stronger social links to make JLD an attractive hub for regional businesses.. Building on the existing cluster of firms and public agencies in Jurong Gateway, JLD could be a hub for infrastructure development firms. It also offers an attractive location for firms in the maritime services sector, given its proximity to the new port and the surrounding industrial and logistics clusters. 🔗https://www.jld.sg/The-Second-CBD/A-New-Gateway-for-Singapore. #investsg #investsingapore #singaporecbd #singaporehome #singaporecondo #singaporerealtor #singaporeproperty #singaporerealestate #singaporeprivateproperties #singaporeresidential #singaporeindustrialproperty #singaporecommercialproperty #velleyeecm #VelleYeeCM.Wixsite.com/PrropertyOnline #juronglakedistrict #juronggateway #jurongeast #juronglake ##Tuasport #HSRKl (at Singapore)

[velle-yee-blog]

⭐️LE QUEST⭐️ Bukit Batok⭐️Park Connector Networks (PCN) at our doorstep - LeQuest sits along an extensive PCN that leads to popular nature destinations such as: Little Guilin, Bukit Batok Hillside Park, Bukit Batok Town Park. Built-up amenities include Bukit Batok Central, West Mall and the Jurong Lake District. ⭐️Close to the upcoming Tengah 55000 Homes Forrest Town and HDB estates, it will also adopt a Forest Town concept with hiking trails and at the same time cater to pedestrians and cyclists. ⭐️Nearby educational institutes include Dulwich College, Mellenia Institute, Eden secondary school, and a future primary school. ⭐️First commercial & residential mixed development in Bukit Batok. ⭐️Located near to Singapore's second CBD in Jurong Gateway. ⭐️Located near to new Tengah's Forrest Town and JID (Jurong Innovation District). ⭐️Spillover effect of HSP (High Speed Rail) terminus in Jurong East. ⭐️Short distance to many shopping malls such as West Mall, IMM, Jcube, West Gate & JEM. ⭐️Excellent accessibility to major expressway: KJE, PIE & BKE. ⭐️Urban & nature lifestyle in the new neighbourhood. ⭐️Potential Capital appreciation & high rental yield from future Jurong Innovation District near NTU. ⭐️Well connected to future Jurong Regional Line & Cross-island Line. ⭐️Jurong Lake District will be Singapore's 3rd national botanical garden. ⭐️Free shuttle bus services to Jurong East MRT and Bukit Batok MRT for 2 years. #investsg #investsingapore #singaporecbd #singaporehome #singaporecondo #singaporerealtor #singaporeproperty #singaporerealestate #singaporeprivateproperties #singaporemixeddevelopment #singaporecommercialproperty #singaporeindustrialproperty #lequest #bukitbatok #parkconnector #NTU #bukitbatokcentral #VelleYeeCM.Wixsite.com/PropertyOnline #velleyeecm #qingjianrealty #bukitbatokwestave6 (at Singapore)

[velle-yee-blog]

The Jurong Lake District project - set to be completed after 2040 - was first announced in 2008 as part of URA's efforts to provide more job and recreational options in the heartlands. The Government has said it plans to transform the area into Singapore's second central business district. The new jobs will be created in sectors such as the maritime industry, with the future Tuas mega port; infrastructure development, due to the neighbouring Jurong Industrial Estate; and in the technology sector with the Nanyang Technological University and the planned Jurong Innovation District nearby, URA said. Read more at http://www.channelnewsasia.com/news/singapore/jurong-lake-district-to-create-more-than-100-000-jobs-20-000-9155708. http://www.channelnewsasia.com/news/singapore/jurong-lake-district-to-create-more-than-100-000-jobs-20-000-9155708. #investsg #investsingapore #singaporecbd #singaporehome #singaporerealtor #singaporerealestate #singaporeprivateproperties #singaporecommercialproperty #singaporeindustrialproperty #singaporeresidential #velleyeecm #VelleYeeCM.Wixsite.com/PropertyOnline #jurong #juronglakedistrict #secondcbd #westerncorridor #juronggateway #hsrstation (at Singapore)

[velle-yee-blog]

According to Savills, the residential segment recorded $3.96b of investment sales or 44% of the total investment value. Meanwhile, in dollar-value terms, the commercial segment ranked second to the residential segment, recording a total of $3.62b worth of investment sales in 2Q17. Its market share was about 40.2%. The mixed-use property segment contributed a total of $1.23b worth of investment sales, accounting for 13.7% of the market share. On the other hand, a total of $104.4m investment sales was recorded in the industrial segment. This segment accounted for only 1.2% of the total investment sales value in 2Q17. http://sbr.com.sg/commercial-property/news/chart-day-which-property-sector-captured-biggest-slice-investment-sales. #investsg #investsingapore #singaporecbd #singaporehome #singaporecondo #singaporerealtor #singaporerealestate #singaporeprivateproperties #singaporecommercialproperty #singaporeindustrialproperty #singaporeresidential #velleyeecm #VelleYeeCM.Wixsite.com/PropertyOnline (at Singapore)

[velle-yee-blog]

It also eyes launching its Tampines 10 project. After recording strong growth in residential sales for the first half of the year, City Developments Limited is now planning to launch projects to keep its momentum. According to DBS Group Research, CDL plans to launch 124-unit New Futura at Leonie Hill Road in 2H17. This follows the positive sales strength at Gramercy Park. More so, the developer is eyeing to launch its new project at Tampines Ave 10, a parcel it acquired from GLS last May 2017. The Tampines project is expected to be launched in early 2018 with an estimated 861 units. Additionally, the group has commenced a refurbishment programme at Le Grove Serviced residences costing $30m, which will see an increase in total units to 173, from the current 97 units. The refurbished property is on track to complete by 2Q18. http://sbr.com.sg/residential-property/news/city-developments-unveil-new-futura-leonie-hill. #singaporecbd #singaporehome #singaporecondo #singaporerealtor #singaporeproperty #singaporeprivateproperties #singaporecommercialproperty #investsg #investsingapore #singaporerealestate #velleyeecm #VelleYeeCM.Wixsite.com/PropertyOnline (at Singapore)

[velle-yee-blog]

“For any major regional investor, Singapore is almost like an asset class. It’s very often part of the diversification of assets … so it is actually extremely competitive whether it is residential, mixed-development or commercial,” said Mr Cheng Hsing Yao, GuocoLand's group managing director. Read more at http://www.channelnewsasia.com/news/business/have-chinese-developers-created-new-dynamics-in-the-singapore-9110620. http://www.channelnewsasia.com/news/business/have-chinese-developers-created-new-dynamics-in-the-singapore-9110620. #singaporecbd #singaporehome #singaporecondo #singaporerealtor #singaporeproperty #singapore #singaporeprivateproperties #singaporeresidential #investsg #investsingapore #velleyeecm #VelleYeeCM.Wixsite.com/PropertyOnline #singaporecommercialproperty #singaporeoffice #singaporeshops #singaporeindustrialproperty #singaporehouse #singaporerealestate #singaporehdb (at Singapore)

[velle-yee-blog]

JLL cited prime office rents in Marina Bay, Singapore, which had declined 27% over eight quarters while KL rents fell 3% over a similar period. However, rents in these cities increased for the first time in 2Q2017. This will give a boost to investor confidence, it added. http://www.msn.com/en-sg/money/topstories/kl-and-singapore-office-rentals-picking-up-says-jll/ar-AAp8DNi?li=BBr8YXL. #singaporeproperty #investsingapore #singaporecbd #singaporerealestate #singaporerealtor #singaporecommercialproperty #onestopproperties #VelleYeeCM.Wixsite.com/PropertyOnline #singaporeoffice #investmalaysia #malaysiaproperty #malaysiacommercialproperty #malaysiarealestate #malaysiaoffice

[velle-yee-blog]

Singapore is attracting more real estate investors from China and Hong Kong as transaction volumes rose by 6% this year despite a rather weak market in 2016, real estate firm JLL said in a report. http://www.msn.com/en-sg/news/other/chinese-investors-paid-dollar3b-for-singapore-office-assets/ar-AAoTgIK. #singaporecbd #singaporehome #investsingapore #singaporeprivateproperties #singaporecondo #singaporerealtor #singaporeproperty #singaporeprivateproperties #singaporecommercial #singaporecommercialproperty #singaporeindustrialproperty #singaporeoffice #onestopproperties #velleyeecm.wixsite.com/propertyonline (at Singapore)

[velle-yee-blog]

Developer CapitaLand Ltd. said that property investors see Singapore as more attractive than Hong Kong, London or cities in Australia. CapitaLand and City Developments both say that Singapore’s residential market may be “bottoming out.” Hong Kong home prices have shot ever higher, bouncing back from the global financial crisis and periodic bouts of government cooling, while Singapore residential prices have declined 12 percent from a peak, dropping for 15 straight quarters. https://www.bloomberg.com/news/articles/2017-08-13/shadow-over-hong-kong-property-leaves-singapore-developers-ahead. #singaporecbd #singaporehome #singaporecondo #singaporerealtor #singaporerealestate #singaporeprivateproperties #singaporecommercialproperties #singaporeindustrialproperty #singaporeresidential #velleyeecm #VelleYeeCM.Wixsite.com/PropertyOnline #investsg #investsingapore (at Singapore)