Author Archives: kingsford

Paya Lebar Airbase to make way for future town with 150,000 new homes

The moving of the airbase to Changi was introduced in the National Day Rally of 2013. Paya Lebar Airport officially opened in 1955, and also was Singapore’s very first business global airport terminal before Changi Airport was built. In 1981, Paya Lebar Airport was exchanged an army airbase.

When Paya Lebar Airbase leaves in the 2030s, it will be redeveloped right into a brand-new town with around 150,000 brand-new residences, says Prime Minister Lee Hsien Loong, at the National Day Rally on Aug 21.
Read also: The following phase in Paya Lebar’s development

When it’s relocated, Artist’s impact of future community with central spine on the site of the Paya Lebar Airbase

The path can be repurposed into the The Myst town’s “main spinal column”, and became “an environment-friendly adapter” or area room extending from one end of the town to the various other.

Kingsford Waterbay Floor Plan

The path …

Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

Situated in the city edge, Delta Tampines Ave 11 Condo House is within 700m strolling range to Tiong Bahru MRT station, near Tiong Bahru Plaza, Valley Point and also Great World City. It’s just a seven-minutes’ drive to the CBD.

Kingsford Waterbay Floor Plan

The device occupies close to 65% of the whole flooring, as well as stands for concerning 10% of the total strata location and also overall share value at Delta House. The seven-storey flatted manufacturing facility has a preschool on the initial storey, with upper stories real estate production rooms, stockrooms and also secondary workplaces.
The sale undergoes existing occupancies with staggered lease expiration days. According to Zeng, the supplier prepares to rent back the majority of the space that it’s inhabiting. The unit has home windows on 3 sides, straight traveler as well as freight lift gain access to in addition to eight scheduled parking spaces.…

Kingsford and MCC Land behind $890 mil bid for Chuan Park in biggest en bloc deal of 2022 so far

Age Realty, the marketing company for Chuan Park, decreased to comment for this tale. Kingsford Development could not be reached for remark.

Thing on the program was to offer an upgrade on the percent of units (by strata area as well as by share worth) that had signed the supplemental joint contract to modify the reserve price to $890 million. According to sources, the identity of the developer has actually not been revealed to the owners of Chuan Park yet.

The new book price of $890 million is simply 5% listed below the original price tag of $938 million. The initial cumulative sale attempt made by the owners of Chuan Park got on Oct 5, 2021, at $938 million. This latest collective sale attempt was a relaunch at the exact same asking cost of $938 million, with a tender that closed on April 26. This was adhered to by a …

Two-bedroom penthouse at Suites at Orchard selling for $2.27 mil

Much this year, at least 36 systems have been leased out, compared to at least 60 devices that were rented in 2021. EdgeProp Singapore likewise estimates that proprietors that lease out their units appreciate an approximate rental yield of 3.5%.

Suites at Orchard is a 99-year leasehold development along Handy Road in prime District 9. Located in the Dhoby Ghaut area, the condominium is also close to the arts and heritage districts along Bras Basah, Bencoolen Street and Middle Road.

Based upon URA cautions, purchases involving penthouse units at Suites at Orchard are uncommon. No units of any type of size were marketed in between October 2018 and December 2020 as well as only four units have been offered in the past 18 months. The most recent deal was for a 732 sq ft device that was sold for $1.4 million ($1,913 psf) on May 27.

Suites at Orchard take …

Lim Wan Looi, wife of Fragrance Group’s boss, buys Good Class Bungalow at Bishopsgate for $65 mil

The GCB at Bishopsgate that recently changed hands for $65 million sits on a property website of 29,435 sq ft.

The customer is Lim Wan Looi, other half of Fragrance Group founder as well as exec chairman James Koh, that has gotten on an acquiring spree of cottage sites this year, beginning with the acquisition of a 25,272 sq ft, property GCB story for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based on a caution lodged with URA Realis. Before that, he acquired a 21,046 sq ft, estate bungalow website at Hillside Drive for $19.25 million ($ 915 psf), according to a caveat lodged last September.

At the same time, at Cornwall Gardens, off Leedon Road, a GCB sitting on a property website of 16,089 sq ft is stated to have just transformed hands recently too. The GCB created by Chang Architects is said to have …

People’s Park Centre launched for collective sale at $1.8 bil

The historical People’s Park Centre has been put up for sale through cumulative tender at a book rate of $1.8 billion. ERA has actually been designated as the sole advertising and marketing company.

Copen Grand

Located at 101 Upper Cross Street, the development is beside the Chinatown MRT Station (on the North-East Line and Downtown Line) as well as a short drive to the CBD.
Presently, the mixed-use growth consists of 324 retail systems, 256 workplace units and 120 household units, as well as a carpark.

Finished in 1970, the 99-year leasehold website spans a land area of 95,457 sq ft with an allowable gross plot proportion of 8.6, translating to an optimum built-up area of 821,017 sq ft. ERA estimates the land cost at $2,620 psf ppr after taking into account the differential costs and lease top up to a fresh lease.

People’s Park Centre is located in the …

What is a Mortgagee Sale

There are a lot of different reasons why a homeowner would want to sell their property, but one of the most common reasons is for Mortgagee Sale. There are many banks out there that specialize in Mortgagee Sales and with the economy being slow right now it’s not easy to compete for your home. If you can qualify, you’ll get your cash before the foreclosure process begins and you can save your credit rating too. If you’re looking to sell your home and don’t want the hassle of going through the traditional foreclosure process then this could be the way to go.

Most people think they have no choice but to let the home go to foreclosure when they find it is too costly to repair and they can’t keep up with the payments. But that’s not true; you can still sell your home and stay in it if you …

Home Loan For Properties

A residential mortgage loan originator, also called a mortgage broker, is someone who, for profit or payment, or on the hope of profit or payment, takes out or negotiates mortgage terms for a residential mortgage loan typically used to finance residential properties. Although brokers don’t deal directly with homeowners, they do often work as representatives for financial institutions that do. Some brokers are independent, and work solely as financial advisors or accountants, while others are employed by banks, building societies or private mortgage companies. Residential mortgage brokers earn a commission on the loan they secure; the buyer pays the broker a fee, which is often paid as a percentage of the loan’s cost.

While the mortgage broker doesn’t actually get to sign the loan documents, he does represent the lending institution in question. He collects monthly or annual fees from the borrower and then receives a cut of the loan …

Properties That Are Near to a Hotel

There are certain locations in a community where you will find a great place to rent properties that are near to the hotel. The properties that are near to a hotel are always good investments for people who want to have a vacation home. When people visit a neighborhood, they expect to find some good value properties near to the location of the vacation homes. People looking for vacation homes prefer to have their vacation homes are located near to a good school, shopping area and other businesses. A quiet neighborhood is also preferred by most people when they are on vacation. Properties near to a great location are sure to fetch great value when the owner decides to sell his property in the future.

If you are going to buy a property that is near to a hotel, you can expect that it will have a great value after …

Watersports at Sungei Serangoon

Kingsford Waterbay is a renowned name in the world of real estate regarding quality lifestyle. This is the newly launched project by Kingsford Development, at upper Serangoon View right beside the Punggol Park near to Sungei Serangoon. The project is an example for those who want the best quality Real Estate in the cheap rates.

Watersports at Sungei Serangoon

The project offers apartments from 2 to 5-bedroom range in different sizes. The price ranges from $843,000 to $1,805,000, depending on the specifications and size.
• 2-bedroom apartment can be purchased in a price between $843000 to $963,000.
• 3 bedroom apartment is available in a price between $931,000 to $1,248,000.
• 3-bedroom with study apartment is available in a price between $1,139,000 to $1,184,000
• 4-bedroom apartment can be purchased in a price between $1,137,000 to $1,474,000.
• 5-bedroom apartment can be purchased in a price between $1,472,000 to $1,581,000…