March 6, 2026
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Westwood Residences Land Tenure

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Due to their tenure of land, freehold Westwood Residences are generally more attractive to customers in the open resale market as versus the lease hold homes. The Myst CDL Even now, the comparatively higher asking price levels of these freehold properties would likely have resulted in a growth inside the quantity being set up for auction in recent quarters,” Lee explained. As for total sales, the number of properties successfully auctioned off increased to 10 through the third quarter from nine in the previous period.

Westwood Residences

Land Tenure of Westwood Residences EC

Significantly, Westwood Residences are already hardest struck because of the government’s various property cooling measures, together with prices dropping for six continuous quarters. Inside the 3rd quarter of 2014, luxury Westwood Residences purchase prices fell 0.9 % quarter-on-quarter, following a 1.5 percent drop in Q2 This year. Meanwhile, only one condo had been sold in Sentosa Cove in H1 2014, further displaying a defieicency of revenue in the high-end property segment.

Associated with this, there are Westwood Residences. The comparatively much higher total quantum relating to landed properties, coupled together with the execution of the Total …

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Jurong Lake EC Prices

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E-applications open on Friday (May 15) for Westwood Residences – a new executive condominium (EC) project in Jurong West which will be officially open for bookings on May 30.

The 480-unit development at Westwood Avenue is the first EC to be affected by changes to resale levy rules. The resale levy now applies to EC buyers who had previously bought HDB flats or ECs.

Westwood Residences Jurong Lake

Westwood has an indicative pricing of S$800 per square foot (psf). That is about six per cent lower than what another executive condominium (EC) project in the area – Lake Life EC – went for, S$850psf, when it was launched in November last year.
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Said Mr Francis Koh, group CEO of one of the EC’s developers, Koh Brothers Group “We have to consider the market. When compared to Emerald of Katong the nearby executive condo, what will buyers think of our condo? So we have to price it very competitively.”

Westwood Residences Koh Brothers

Westwood Residences is hoping to attract homebuyers by going big on cyclist-friendly features. It will house some 500 parking lots for bicycles – with a bicycle maintenance area – and an outdoor mini velodrome.

One analyst said …

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Office Rents to Surpass Pre-pandemic Peak in 3Q2022 by JLL

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Grade A workplace rents in the CBD grew by 2.7% q-o-q in 2Q2022 to reach $10.74 psf each month, according to a JLL office record released on June 29. This notes a 5th successive quarter of growth, as well as the largest growth considering that leas rebounded in 2Q2021.

Office rents have now recouped to just 0.6% listed below the pre-pandemic peak of $10.81 psf, according to JLL.

The strong efficiency during the quarter was underpinned by rising company confidence and the relaxation of secure monitoring actions, as all workers were permitted to return to the workplace from April 26.

” Expansions and new set-ups much overshadowed work environment downsizing, leading to 2Q2022 web absorption of CBD Grade A workplace– at 0.6 million sq ft– reaching the highest possible in 17 quarters, notes Tay Huey Ying, JLL Singapore’s head of research as well as consultancy. Therefore, office job prices fell by 1.8 percentage points to 6.8%.

The Marina Bay sub-market clocked the highest q-o-q growth in rental fees in 2Q2022 at 3.4%, underpinned by the proceeded flight-to-quality fad driven by a growing focus on staff member wellness and also health and wellness.

Andrew Tangye, Hillhaven Condo head of workplace leasing …

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Harmonious and Balanced Living Exploring Mortgage Options for Financial Stability

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Singapore’s cityscape boasts towering skyscrapers and state-of-the-art facilities. Sought-after condominiums are strategically situated in desirable locations, offering a fusion of opulence and convenience that is appealing to locals and foreigners alike. These residential buildings boast an array of luxurious facilities such as swimming pools, fitness centers, and top-notch security services, elevating the standard of living and garnering attention from potential renters and buyers. As a result, investors can expect profitable rental returns and exponential growth in property values over time. For those in need of mortgages, there are also various options available such as mortgage options to further enhance the appeal of these exceptional properties.

Fixed-Rate Mortgages

Harmonious and Balanced Living: Exploring Mortgage Options for Financial Stability

Adjustable-Rate Mortgages

Homebuyers who opt for an ARM should carefully consider their financial situation and their tolerance for risk. While an ARM can provide initial savings, there is a possibility of higher payments in the future if interest rates rise. However, ARMs often come with caps and limits on how much the interest rate can increase, making it a viable option for those who plan to sell their home before the initial rate period ends.

Fixed-rate mortgages also offer the benefit of predictable …

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

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The moving of the airbase to Changi was introduced in the National Day Rally of 2013. Paya Lebar Airport officially opened up in 1955, and was Singapore’s initial business global flight terminal before Changi Airport was developed. In 1981, Paya Lebar Airport was exchanged an army airbase.

When Paya Lebar Airbase moves out in the 2030s, it will be redeveloped right into a brand-new community with around 150,000 brand-new houses, states Prime Minister Lee Hsien Loong, at the National Day Rally on Aug 21.
Read likewise: The next phase in Paya Lebar’s growth

Artist’s impact of future town with central back on the website of the Paya Lebar Airbase when it’s moved

The moving of the airbase will certainly also mean several of the building height constraints around it can be lifted. This means, adjoining towns such as Hougang, Marine Parade or Punggol can be redeveloped, with even more amenities consisted of and also better use space.

Paya Lebar Airport officially opened in 1955, and was Singapore’s first business global airport terminal prior to Changi Airport was built. In 1981, Paya Lebar Airport was transformed right into an army airbase.

The path can be repurposed right into the community’s “main …

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