Latest URA Updates -URA Offers Developers Bonus Floor Area Incentive to Preserve Golden Mile Tower’s Iconic Cinema Block

The Urban Redevelopment Authority (URA) has proposed a unique incentive to the owners of Golden Mile Tower on Beach Road. If they choose to preserve the building's iconic cinema block during redevelopment, they will receive a bonus in gross floor area. The Straits Times This offer comes as the owners are engaged in a collective sale exercise for the strata-titled property, which includes an 18-storey...

Why Medical Suites Are a Smart Investment in Singapore

Discover why medical suites are becoming a sought-after investment in Singapore's dynamic property market. With rising demand, limited supply, and the stability of long-term tenancies, these unique assets offer consistent rental income and reduced vacancy risks. Benefit from the exemption of residential cooling measures and tap into the growing healthcare sector fueled by an aging population and medical tourism. Positioned in prime locations like Orchard Road and Novena, medical suites promise not only attractive rental yields but also significant potential for capital appreciation. Explore the compelling reasons to invest in this exclusive market today!

The Golden Mile – A New Era of Modernity and Heritage comprising retail, offices, medical suites. Aurea – 188 residential units

Explore the exciting changes at the Golden Mile Complex, where historic charm meets modern comfort in Singapore. With the upcoming launch of Aurea’s 188 residential units and a lively commercial center featuring 156 office units, medical suites, and various retail options, this development aims to enhance city living. Enjoy breathtaking views, creative workspaces, and a community hub for everyone. Whether you’re looking to buy a home, invest, or start a business, the Golden Mile Complex offers great opportunities. Step into a new era of modern lifestyle and heritage—discover the future today!

Why Food Factory Could Be An Excellent Real Estate Investment Choice For New & Experienced Investors

What is a food factory? A food factory is a facility where food products are manufactured, processed, packaged, and distributed. These factories are equipped with specialized equipment and machinery to handle food production on a large scale. It is zone under URA B2 Food Factory. How is a food factory different from a food shop/establishment? A food factory is able to grant you the license from Singapore...

What is the difference between the office effective rent and office asking rent

The terms "effective rent" and "asking rent" are commonly used in the context of real estate, particularly in commercial leasing, and they refer to different ways of expressing the cost of renting a property. Here are the key differences: Asking Rent Definition: Asking rent, also known as the listing or quoted rent, is the amount that the landlord or property owner initially advertises or asks for a...

Prime Industrial Factory for at Tukang Innovation Drive

This 4-storey detached factory is an exceptional opportunity for businesses seeking space within the Business 2 zone. Leased from JTC Corporation, this property offers both space and functionality with a long-term lease of 48 years remaining. Take advantage of this rare opportunity to lease a prime industrial property with substantial remaining tenure. Contact us today for more information or to schedule a...

Singapore Office Sales and Rental Performance in 2024: A Year of Growth and Strategic Investment

The office real estate market in Singapore has been a focal point of both local and international interest in 2024. Despite fluctuations in demand from key sectors like banking and finance, the market has remained resilient, offering both challenges and opportunities. Rising Rental Rates As of Q2 2024, Grade A office rents in Singapore’s Central Business District (CBD) have continued to climb, although...

Understanding the Difference Between B1 & B2 Light Industrial Properties and Their Uses in Singapore

Within Singapore's industrial real estate sector, the categorization of properties as either B1 or B2 is pivotal in assessing their appropriateness for different commercial activities. Whether you are a business proprietor in need of suitable premises or an investor investigating industrial real estate opportunities, it is crucial to grasp the disparities between B1 and B2 properties. This piece will delve...

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