GuocoLand sole bidder for Lentor Gardens GLS site at $985 psf ppr

GuocoLand tops bid for Lentor Central site with $1,204 psf ppr; sets new record for OCR land prices
GuocoLand tops bid for Lentor Central site with $1,204 psf ppr; sets new record for OCR land prices

The 99-year leasehold site for the lentor residential government land sale (GLS) at Lentor Gardens closed today with GuocoLand and Intrepid Investments (a subsidiary of Hong Leong Group) submitting a bid of $486.8 million and resulting in a land rate of $985 psf per plot ratio (psf ppr).

“For the Lentor Gardens site, we are envisioning a new high-end residential development with around 533 units, and with 600 sqm of childcare facilities,” says a GuocoLand spokesperson.

Mark Yip, CEO of Huttons Asia, noted that the bid of $958 psf ppr was the lowest for a land parcel in the Lentor precinct, and the first residential GLS tender to have received only one bid since the Silat Avenue GLS site in 2018, which a consortium led by UOL Group won for $1.035 billion.

The Lentor Hills estate could soon be widely known as a premium residential area with the development of three new sites. Last September, Lentor Avenue Central was awarded to a consortium of China Communications Construction, Soilbuild Group Holdings and United Engineers, who submitted a bid of $481.03 million ($1,108 psf ppr). TID (a joint venture between Hong Leong Group and Mitsui Fudosan) was the top bidder for the Lentor Hill (Parcel B), submitting a bid of $276.36 million ($1,130 psf ppr).

GuocoLand purchased the GLS site for $586.6 million ($1,060 psf ppr) in January 2022, with the future 598-unit development in Lentor Hills Residences, developed in collaboration with Hong Leong Holdings and TID, to be launched soon.

Last September, the 605-unit Lentor Modern integrated development was launched and saw 84% of units sold on launch weekend. At current the project is 88% sold at an average price of $2,104 psf.

Yip’s research indicates that bids have been on a decreasing trend since the first Lentor GLS site launch, which may have to do with developers being aware of the amount of land being pushed out for sale, as well as the high possibility of being imposed with additional buyer’s stamp duty if unable to sell all units within five years.

Two more GLS sites in Lentor are available for sale in the 1H2023 GLS Programme, one of which is expected to be launched for tender this month. The sites are expected to yield a total of 945 residential units.

Leonard Tay, head of research at Knight Frank Singapore, believes that all the seven residential sites in Lentor has the potential to bring about a total of 3,500 new units to the area, potentially accommodating 11,000 new resident within a span of three to six years.

The future development at the Lentor Gardens site, being within walking distance of the Lentor MRT station, Thomson Nature Park and Yio Chu Kang Stadium and Sports Complex, should draw potential homebuyers with its accessibility to recreational facilities and schools such as CHIJ St Nicholas Girls’ School.

According to OrangeTee & Tie CEO Steven Tan, the eventual launch at the site could see units priced around $1,950 to $2,050 psf.…

The Myst Condo Prime Residential Development in the Heart of Bukit Panjang and Cashew Boasting Modern Amenities and Proximity to Green Spaces and Transportation Hubs

The Myst Condo at Bukit Panjang Integrated Transport Hub

The Myst Condo is a fresh development situated in the center of Bukit Panjang and Cashew. City Developments Limited (CDL) Aries, an affiliate of a major non-governmental developer in Singapore, has acquired the rights to two plots adjoining each other at 798 and 800 Upper Bukit Timah Road in Tan Chong industrial park, which is in the northwest of the city-state. With a total area of 16,620 square metres (178,900 square feet), the Myst CDL property has been designated for residential use, with a plot ratio of 2.1. This enables the developer to build a high-rise of up to 24 storeys on the premium plot.

In the last few years, the city-state has sought to revitalize the Bukit Timah area with multiple initiatives introducing increased connectivity and additional green space. This includes the Railway Corridor development close to The Myst Condo, which will turn old railway tracks into a community area, as well as the Beauty World rejuvenation scheme, which aspires to build a green urban village.

The Myst Condo is located in a vibrant neighbourhood, teeming with amenities and public transportation links. Home to several schools, shops, and parks, the 19-floor Hazel Park condominium building is conveniently situated next to the Tan Chong industrial park. Residents of the area can enjoy the convenience of being a mere 7 minutes away from the Cashew MRT station on Singapore’s Downtown Line, as well as a 13-minute walk to the historic Bukit Timah railway station.

CDL Aries is in a prime position to capitalise on the current and future developments in The Myst Condo vicinity, having secured the site at Upper Bukit Timah. This acquisition affords them the chance to build a residential project that offers Singaporeans and investors alike a prestigious and convenient abode.

The Myst Condo is perfectly situated for individuals and families to enjoy the best of both worlds – easy access to the city-state as a whole, as well as the convenience of having recreational and lifestyle amenities right at their doorstep. CDL will be able to tap into the wide, open green spaces and renovation plans close by to bring life to the area and create a homely and pleasant living environment for all its residents.

CDL Aries is poised to take advantage of the opportunities presented by the new residential area of Upper Bukit Timah. The purchase of two plots of land for S$126.3 million ($92.5 million) has set the stage for a potentially unique and highly sought-after residential property project. CDL Aries has the potential to craft a development that is attractive to Singaporeans and investors alike, thanks to the area’s variety of development plans.

The Myst Condo provides its residents with an unparalleled level of convenience due to its proximity to the Bukit Panjang Integrated Transport Hub. Residents of the Myst Condo are spoilt for choice with the abundance of amenities available at the transport hub.

The Myst Condo offers great convenience and flexibility for multigenerational households, as it is situated in close proximity to the Bukit Panjang Transport Hub. The area is served by Bukit Panjang MRT Station, Segar LRT Station, and Bukit Panjang Bus Interchange, offering residents a wide range of public transportation options for reaching their desired destinations.

The Bukit Panjang Integrated Transport Hub is home to the 9th Integrated Transport Hub in Singapore – The Myst Condo. Located right next to Hillion Mall, its immense accessibility to a number of schools nearby makes it an excellent choice for those with young children. With De La Salle School just a stone’s throw away, there is no shortage of educational opportunities. Furthermore, a wide array of international schools in the vicinity provide even more schooling choices.

The Myst Condo offers its residents an array of amenities and conveniences. With a 10-minute walking distance to the closest MRT station and several shopping malls, residents are able to take advantage of all the nearby eateries and retail shopping opportunities. Additionally, those living at The Myst Condo can also access Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT, as well as the free shuttle bus service provided by the developer to Bukit Panjang Downtown MRT.

If you’re in search of an easily accessible location, then The Myst Condo is the perfect solution. Just a half-an-hour walk away, you’ll find both Bukit Panjang MRT Station and Hillview MRT Station. On top of that, the closest bus stops, including Bef Chestnut Avenue, Bukit Panjang Road, and Upper Bukit Timah Road, are all within walking distance. Plus, Orchard Road and the Central Business District are only 25 minutes away.
With a wide range of amenities and facilities to choose from, the Myst Condo is truly a sanctuary for your family.

The Myst Condo at Bukit Timah Road is a highly desirable residential complex in Singapore. Boasting a lush tropical landscape, surrounded by verdant greenery and rolling hills, this luxurious condominium provides its tenants with stunning views of the beautiful surrounding nature. Offering a comprehensive range of amenities and facilities, the Myst Condo is a haven for families looking for a peaceful place to stay.

The Myst of the forest is well known for its spectacular, unobstructed views of the surrounding natural world. From the higher levels of the condominium, one can marvel at the breathtaking panorama of the Bukit Timah Nature Reserve and its verdant hills. Allowing its observers to take in the serenity and tranquility of the landscape, the vista extends beyond the horizon.

The Myst CDL of the forest is designed to offer its occupants a premium experience. The condominium boasts a range of modern amenities and facilities, including a swimming pool, gym, tennis court, and a clubhouse. Additionally, there is a sky garden, the ideal place to enjoy the scenery and relax. With these features, the Myst CDL of the forest ensures a delightful stay for all its residents. The spacious apartments come in a variety of sizes and are uniquely designed to cater to the needs of different kinds of families.

The Myst of the forest is a haven of tranquility, the ideal place to escape from the hustle and bustle of everyday life. Residents can take in the stunning views and make use of the luxurious amenities and facilities available. Furthermore, the condominium provides easy access to the nearby Bukit Timah Nature Reserve, ideal for those who wish to explore nature through hikes and nature walks. Inside, the apartments come in a range of sizes and are tailored to suit different families’ requirements. All in all, it’s the perfect place to relax and find peace in the beauty of nature.

The Myst Condo is situated in the middle of Bukit Panjang in Singapore and is a mere stone’s throw from Bukit Panjang Integrated Transport Hub and Hillion Mall. This desirable setting gives those residing in The Myst Condo abundant ease and convenience. From having straightforward access to public transportation to the privilege of shopping and dining in nearby mall, the top-notch amenities of The Myst Condo make it a great pick for those who want a relaxed and comfortable abode.

Located only a 5-minute walk away from The Myst Condo, the Bukit Panjang Integrated Transport Hub offers a convenient solution for residents. Connecting the Downtown Line with the Bukit Panjang LRT, this transport hub makes getting around the island a breeze. From riding the train straight to the city centre to taking the LRT to explore the neighbourhood, travelling around is hassle-free. Moreover, there are a number of bus services that run from the transport hub, making it even easier for residents to reach other locations in Singapore.

Residents of The Myst Condo are within close proximity to Hillion Mall, a popular shopping, dining, and entertainment destination in Bukit Panjang. Shoppers can find a variety of retail stores, eateries, a cinema, and a bowling alley all within the mall’s walls. Those living in The Myst Condo are only a 5-minute walk away, allowing for easy and convenient access to the array of amenities.

The Myst Condo is an ideal location for those looking for a peaceful and convenient lifestyle. Situated close to a host of amenities, residents of the Myst Condo will have a number of convenient options for shopping, education, healthcare and entertainment. Schools, medical centres, banks, supermarkets and other essential services are all within easy reach of the condominium, making it an ideal choice for families. With its convenient location and numerous facilities, the Myst Condo offers something for everyone.

The Myst CDL at Cashew MRT Station is a state-of-the-art luxury condominium situated in Singapore’s suburban locality. This development offers a harmonious mix of modernity, comfort and sustainability, making it an ideal abode for those looking for a green, eco-friendly dwelling. Boasting of sophisticated amenities, this property is truly an embodiment of luxury living.

Furthermore, The Myst also features a green wall, which provides a unique visual for residents and also helps to reduce air pollution and to preserve biodiversity. The development is also outfitted with solar panels, which provide energy to the buildings, further reducing dependence on traditional energy sources. All these features combine to create a living environment that is both sustainable and enjoyable.

The Myst offers many landscaping amenities that encourage sustainability. One of these is the rooftop garden, where residents can come to find solace and indulge in nature’s beauty. The rooftop is adorned with lush vegetation, adding to the tranquil and peaceful atmosphere of the area. To help reduce water consumption and protect resources, The Myst also has rainwater harvesting systems in place. Moreover, the development is also equipped with a green wall, which delivers a unique aesthetic while simultaneously reducing air pollution and encouraging biodiversity. The solar panels installed in the development also provide power to the buildings, decreasing reliance on traditional energy sources. All of these features work together to create a living environment that is both sustainable and pleasant.

In addition, the use of natural materials and permeable surfaces helps to reduce the heat island effect and allow water to seep back into the ground rather than running off into storm drains. These sustainable features enhance the quality of the environment while minimizing the impact on the environment.

The Myst Condo at Bukit Panjang is a modern luxury condominium offering residents a luxurious living experience complete with sustainable features. Landscaping amenities include a rooftop garden, energy-efficient lighting systems, solar panels, native plants and trees, organic fertilizers and composting systems, water-efficient irrigation, and recreational facilities – all of which make The Myst Condo at Bukit Panjang the perfect choice for eco-friendly living.

Hillview, located between Dairy Farm and Bukit Panjang, is renowned for its lush greenery, with the Hillview Community Club providing a safe haven for leisure activities. Last but not least, Bukit Panjang has access to the Downtown Line, which enables commuters to reach the city center in no time. The neighbourhood also houses Hillion Mall, the new shopping and dining destination offering a variety of attractive retail and food options. Each area of District 23 provides distinct charms for prospective buyers and renters.District 23 encompasses Choa Chu Kang, Bukit Batok, Hillview, and Bukit Panjang, making it a popular choice for both buyers and renters. Deriving its name from the Teochew language word “kangchu”, Choa Chu Kang began as a kampung and has now become a modern neighbourhood, with two shopping malls and excellent public transportation.

Visitors can still Rent Out Condo experience the old plantations in Choa Chu Park, while Bukit Batok is celebrated for its natural attractions. There, you can find Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill, and Little Guilin – resembling the Chinese city of Guilin and presenting stunning granite rocks surrounded by a lake. West Mall is the main shopping centre in this area, and houses a public library, post office, and cinema. Hillview, between Dairy Farm and Bukit Panjang, is known for its lush vegetation, with facilities like the Hillview Community Club available to visitors. Bukit Panjang offers access to the Downtown Line, making it easy to reach the city centre, and Hillion Mall – the latest shopping and dining destination in the neighbourhood, which offers a variety of retail and food options. Every area of District 23 provides a special, unique charm for prospective buyers and renters.

The West Region of Singapore is the largest among the five regions, covering an area of 25,500 hectares. Jurong East is the regional center, while Jurong West is the most populous town. This region is home to many of the heavy industry companies in Singapore, including some of the major international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals, and Shell, primarily in the petrochemical industry. The government is taking steps to further develop the West Region, with the intent of transforming the Jurong Lake District and Jurong Innovation District into a second Central Business District. In addition, the Tuas Mega Port, set to be completed around the 2040s, is expected to be the world’s largest single container port, having an annual capacity of 65 million TEUs.

The Downtown Line is revolutionising Singapore’s mass transit system. As the fifth MRT line, it is bringing greater connectivity to previously under-served areas including Bukit Panjang, Bukit Timah, and Bedok Reservoir. With 34 stations in total, the DTL provides a much more convenient way for commuters to get around, connecting people across the city and providing easy access to its central core. For those living in the Bukit Panjang to Bukit Timah area, the line reduces their journey time into the city by up to 30%, while those in the east benefit from fewer bus trips and much quicker commutes.

The Downtown Line (DTL) has improved connectivity in the Central Business District (CBD) zone, allowing for quicker commutes between Millenia Walk and Marina Bay Sands, as well as City Hall Fringe. Moreover, the recently opened DTL3 adds 21 km to the existing line, connecting commuters to the Tampines Regional Centre and Changi Business Park without requiring any bus transfers. The full length of the Downtown Line amounts to 42 km, making it the longest underground MRT line in Singapore with no intervening stops.

The Myst, a mid-sized condominium from CDL, is offering residents a special living experience. This development boasts great amenities and facilities, such as a 50-meter pool, a spacious clubhouse and tennis courts. Ideal for families with children, The Myst is conveniently located close to reputable educational institutions like Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. What’s more, the condominium is positioned nearby a range of shopping and dining spots, and features enrichment centers and childcare services as well. Close by are several popular malls and shopping centers, including Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall, and the upcoming The Reserve Residence Mall.

Situated on two adjacent plots with a combined area of 179,007 sq ft, The Myst is a brand-new launch in one of Singapore’s most sought-after Good Class Bungalow Areas (GCBA). Located in the Cashew Estate, this development presents prospective buyers the chance to own a piece of real estate in the elite GCBA neighbourhood. Completed in 2010, the Espa condominium project marks the last new launch in the area. Specifically, it offers residents easy access to the city’s top attractions like the Esplanade, Merlion Park and The Arts House.

The prime location of The Myst allows City Developments Ltd to provide its residents with special amenities, such as being conveniently situated near some of the city’s top attractions like the Esplanade, Merlion Park and The Arts House.

The Myst CDL in Bukit Panjang is a luxurious residence that is passionate about promoting sustainable, environmentally friendly living. Situated in the vibrant city of Singapore, residents here enjoy the perfect balance between a calm, green surrounding and the convenience of urban life.

The Tan Chong Industrial Park, formerly known as the Myst, is renowned for its sustainable design and green features. Its smart and efficient utilization of resources makes it an ideal choice for those who are looking for an eco-friendly residential property. With its impressive range of amenities and services, the Tan Chong Industrial Park is a great example of how modern living can be both comfortable and environmentally friendly. From energy-saving technologies to sustainable materials, the Tan Chong Industrial Park is a great example of how modern living and environmental consciousness can go hand-in-hand.

The energy-saving features at the Myst are complemented by renewable energy sources such as solar panels and wind turbines that provide power to the building. The use of green technology not only helps the environment but also helps to reduce costs associated with energy bills. The Myst incorporates eco-friendly materials for its construction, such as recycled steel and glass, and seeks to minimize its impact on the environment. In addition, the building has been designed to capture and store rainwater, as well as using sustainably managed woods. By building with energy efficiency in mind, the Myst is helping to reduce its carbon footprint and conserve energy, while also providing a comfortable and modern living environment.

The Myst Condo also features an open-air pool, fitness centre, and kids’ play area, so there’s something for everyone to enjoy. The condo also has 24-hour security and an underground parking garage, providing a secure and convenient living environment. With its modern design and attractive amenities, the Myst Condo offers a sophisticated and comfortable home for its residents. The park is surrounded by an abundance of lush greenery and its dirt tracks and boardwalks are perfect for nature walks.

Situated close to The Myst Condo at Bukit Panjang, the Zhenghua Nature Park lies around the periphery of Central Catchment Nature Reserve as a green shield. This park is an exquisite spot to observe various kinds of birds, as well as squirrels, monitor lizards, and long-tail macaques. The terrain of the park offers thrilling paths and mild inclines, making it a delightful place for walking or cycling. Plenty of lush vegetation enfolds the park, and its paths along with the boardwalks provide a tranquil environment for leisurely strolls in nature.

Residents of The Myst Condo can enjoy a range of amenities and activities close to home. With a selection of cafes, restaurants and retail outlets located within walking distance, there’s something to suit everyone’s tastes. For a more expansive experience, Bukit Panjang Plaza is located nearby and boasts a variety of shops, a cinema, and a food court. Whether it’s dining or entertainment residents seek, The Myst offers a great opportunity to enjoy both.

The Myst Condo is conveniently located in the vicinity of a number of parks and recreational spots. Residents can appreciate the splendour of Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park. There is a range of paths ideal for walkers and cyclists alike to traverse, as well as playgrounds and other leisurely activities. Neighbouring to the condominium is the Bukit Panjang Swimming Complex, offering an Olympic-sized pool.

The Myst Condo is in close proximity to a selection of medical amenities. Located nearby is the Bukit Panjang Polyclinic, which is within walking distance and provides a vast array of healthcare services. Additionally, the National University Hospital, Sengkang Clinic, and the Tan Tock Seng Hospital are all in close proximity. The LRT services in the area are operated by the SBS Transit and they run from the Depot station to the Choa Chu Kang station.

The Myst Condo offers its occupants a selection of transportation choices. Those living there are able to utilize the close MRT stations, bus services and LRT lines. The Bukit Panjang Bus Interchange provides a number of buses around the locale. Moreover, the developer offers a complimentary shuttle bus service from the Bukit Panjang Downtown MRT. Additionally, the SBS Transit operates LRT services from the Depot station to the Choa Chu Kang station. Featuring an array of quality amenities, The Myst Condo makes an excellent choice for those looking for a modern and luxurious residence. Located close to Bukit Panjang’s entertainment and business centers, The Myst Condo provides easy access to major attractions and local hotspots. Furthermore, the estate is connected to the downtown core and is within walking distance of the LRT and MRT stations.

The Myst Condo is perfect for families searching for a comfortable and convenient home. Offering plenty of public transportation, shopping and recreation options, The Myst Condo is the ideal place to live for those desiring a hassle-free existence. Featuring an array of quality amenities, The Myst Condo is an ideal selection for those seeking a luxuriant and modern residence. Being conveniently close to Bukit Panjang’s entertainment and business areas, The Myst Condo provides easy access to popular attractions and popular locales. Additionally, the estate is connected to the downtown core and is within walking distance of the LRT and MRT stations.

The Cashew Estate offers a beautifully rural setting. One of its highlights is the Rail Corridor, a popular spot amongst nature lovers, cyclists and joggers, stretching from the former Tanjong Pagar Railway Station to the Kranji MRT Station. Further details, including a map of the Corridor, are available from The Reserve Residences at Beauty World and The Botany at Dairy Farm, both of which offer direct access to it. The nearby Bukit Timah Nature Reserve allows residents to really get close to nature. Living in the Cashew Estate is a delightful combination of indoor and outdoor living, surrounded by lush landscapes and tranquil green spaces.

Living in Upper Bukit Timah provides residents with great access to top educational institutions. The Cashew MRT station, part of the Downtown line, can be reached quickly by foot from the side entrance of The Myst, a mere 5-minute walk. Singapore’s National University is also nearby, and Ngee Ann Polytechnic and Singapore Polytechnic are just a 15-minute bus trip away. Houses and apartments in the vicinity of MRT stations in the area make an ideal choice for those looking to be close to excellent schools. Here are some of the schools around these MRT stations:

Hillview MRT (DT3) is a station on the Downtown Line, located near German European School and St. Francis Methodist School. This transit link allows commuters easy access to the two educational institutions, as well as giving students a convenient means of transportation to their classes and activities. With the MRT station located close to both schools, residents can also enjoy the convenience of nearby shopping and dining options. The Hillview MRT station provides a great connection to the community and serves as a vital lifeline for commuters and students alike.

Beauty World MRT Station (DT5) is the gateway to many educational institutions. Just steps away are Bukit Timah Primary School, Pei Hwa Presbyterian Primary School and DIMENSIONS International College (Bukit Timah Campus). These institutions provide excellent learning opportunities to students of all ages, making them some of the most sought-after educational institutions in Singapore. With Beauty World MRT Station conveniently located nearby, it makes it easier than ever for students and their families to access these institutions.

King Albert Park MRT station is geographically located close to a number of renowned educational institutions such as Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School, and Singapore Korean International School. This provides tremendous convenience to students, staff, and parents who frequently commute to and from these popular learning centers.

The Sixth Avenue MRT (DT71) station is conveniently located near Nanyang Girls’ High School. This makes it easy for students and staff of the school to commute to and from the campus. The station is a great way to travel to other parts of Singapore and is also close to malls, restaurants, and entertainment centers. It is an efficient method of transport for those who live and work in the area. With comfortable buses and trains, the Sixth Avenue MRT station allows for a convenient and enjoyable journey. There are also additional features such as free Wi-Fi, comfortable seating, and an array of shops and restaurants within the vicinity. This makes the station an ideal option for those seeking a smooth and comfortable journey.

Tan Kah Kee MRT Station (DT8) provides convenient access to several renowned educational institutions, such as National Junior College, Hwa Chong Institution, Hwa Chong International School, and Raffles Girls’ Primary School. These educational institutions are highly sought-after by parents looking to provide their children with quality education. Tan Kah Kee MRT Station enables easy access and convenience to these top-notch schools, making it a great option for those seeking excellent and efficient transport options.

Botanic Gardens MRT (DT9) is conveniently located to the National University of Singapore (NUS) (Bukit Timah Campus). It’s a great option for those wanting to reach the university quickly and with ease. With its close proximity, the MRT station provides easy access for students and staff who are living off-campus and for those who are travelling from other parts of Singapore.

Newton MRT (DT10) is a stop on the Downtown line of the Singapore MRT, and it’s the nearest station to Anglo Chinese School (Barker Road). This station is a 10-minute walk away, leading to the secondary school campus and its surrounds. Those travelling by bus can take bus service 67 or 170 from the Newton MRT (DT10) to the school, which takes about 8 minutes. This station also connects with the North-South line, making it convenient for those travelling from other parts of Singapore.

All these shopping centres provide great selection of products and services for the convenience of the residents of The Myst Condo. With such a wide selection of shopping opportunities, you don’t have to travel far to get what you need. The Myst Condo is located conveniently close to many shopping centres, giving you quick and easy access to a variety of products and services. You can enjoy the convenience of having a wide range of amenities, food selection and shopping experiences at your fingertips. Plus, the shopping centres can provide discounts, better prices or other benefits that you cannot find in smaller stores. You can easily find what you need in a short amount of time, so you can go and enjoy other activities, such as a movie or a snack. Shopping around The Myst Condo is both convenient and fun.

The Myst Condo by CDL is a luxurious residence that offers a serene, tranquil living experience. Set amidst lush greenery and nature reserves, it is the perfect option for those seeking a peaceful retreat away from the hustle and bustle of city life. The development is situated on Upper Bukit Timah Road, providing easy access to the city centre. It features a range of high-end facilities that provide all the comforts and services required to enjoy a superior living experience. With its prime location, modern design and excellent amenities, The Myst Condo by CDL is sure to make a lasting impression.

The Myst Condo by CDL is an exquisite residence offering a wealth of modern facilities and amenities. Residents can take advantage of the plentiful shopping, dining, and entertainment choices in the vicinity. The property also includes a well-equipped gym, a luxurious swimming pool, a Jacuzzi, and a tranquil yoga pavilion, ideal for leisurely moments and invigorating pursuits. Adding to the comfort and convenience of this residence are the children’s play area, BBQ pits, and a meticulously landscaped garden.

The Myst Condo by CDL is the ideal spot for individuals looking to explore and appreciate nature. Situated close to nature reserves and parks, the development is a mere walking distance away from the Singapore Botanic Gardens and Bukit Timah Nature Reserve. In addition, there are plenty of outdoor activities to partake in such as hiking, biking, and bird watching for those wanting to appreciate the surrounding environment. With its close proximity to natural reserves, The Myst Condo by CDL gives its residents the perfect opportunity to bask in and get close to nature.

The Myst Condo by CDL offers luxurious living in a tranquil atmosphere, with its convenient proximity to nearby nature reserves and parks. Residents can enjoy the beautiful outdoors with a selection of parks in the area such as Bukit Batok Nature Park, Bukit Timah Nature Reserve, Dairy Farm Nature Park, Hindhede Nature Park, MacRitchie Reservoir Park, Singapore Quarry, Singapore Botanic Gardens, Bukit Panjang Park Connector, Bukit Batok Town Park and Bukit Timah Hill Park Connector. It is the perfect place to get away from the hustle and bustle of city life, while still remaining close to essential amenities.…

Singapore office rents see subdued growth in 1Q2023: JLL

Despite macroeconomic uncertainty dampening demand for office space in Singapore’s Central Business District, Grade A office rents showed a modest growth of 1.0% in the first quarter of 2023. According to JLL Singapore’s research, the gross effective rent for CBD Grade A office spaces rose on a quarterly basis to an average of $11.30 psf pm.

This is the second consecutive quarter of slowing growth following five quarters of consecutive growth, which Andrew Tangye, JLL Singapore’s head of office leasing and advisory, attributes to companies pausing their expansion and relocation plans.

Tay Huey Ying, JLL Singapore’s head of research and consultancy, notes that despite the current caution in sentiment, the scarcity of Grade A office space has prompted some companies to upgrade offices to better quality spaces in recent or soon-to-be-completed projects. This includes Munich Re and Corney & Barrow, who respectively took up two floors in 18 Cross Street and relocated to Hub Synergy Point, amongst others.

Several new office buildings are due for completion in the next two years in the CBD and beyond, including the Guoco Midtown in the Bugis-Beach Road area, IOI Central Boulevard Towers in Marina Bay, and Labrador Tower along Pasir Panjang Road, which are already partially pre-committed or negotiated. Financial, technology, media and professional services companies are amongst some of the occupiers that have already taken up or are in talks to lease these new spaces.

Despite this steady leasing activity, Tay believes that due to the present macroeconomic environment, backfilling of vacated spaces could take a bit longer and keep rental growth modest, or nonexistent, for the rest of the year. She added that the current lull in rent growth presents an opportunity for large space users to look into new office spaces in good quality buildings as the window is prime.

Tangye echoes her view, and expects that rent growth will pick up again post-2024 as the supply of Grade A office space dips and economic prospects gradually improve.…

Driving Innovation and Sustainability of The Success Story of Tan Chong Industrial Motor in Bukit Panjang

Tan Chong Industrial Motor (TCIM) is a well-known automotive company based in Bukit Panjang, Singapore. Founded in 1972, TCIM has since grown into one of the largest automotive groups in Southeast Asia, with operations spanning across multiple countries such as Singapore, Malaysia, Thailand, and Indonesia.

The company’s main business is the distribution and retail of Nissan vehicles, as well as providing after-sales services and spare Marina Gardens Condo parts. TCIM has a strong reputation for its customer service, with a team of trained professionals who are dedicated to providing the highest level of service to customers.

One of TCIM’s most significant accomplishments is its role as the exclusive distributor of Nissan vehicles in Singapore. The partnership between TCIM and Nissan has been going strong for over four decades, with both companies sharing a commitment to quality and innovation.

In addition to Nissan, TCIM also distributes other automotive brands such as Renault and Subaru, providing customers with a wide range of choices when it comes to purchasing a vehicle. The company also offers a range of after-sales services, including repairs, maintenance, and vehicle customization.

One of the most impressive aspects of TCIM is its state-of-the-art facility in Bukit Panjang. The facility spans over 3.3 hectares and includes a large showroom, service center, and parts warehouse. The showroom features a wide range of Nissan vehicles, from compact cars to SUVs, and is designed to provide customers with a comfortable and welcoming environment to browse and test drive vehicles.

The service center is staffed by a team of trained technicians who are equipped with the latest diagnostic tools and equipment to ensure that vehicles are repaired and maintained to the highest standards. The parts warehouse is also stocked with a wide range of genuine Nissan spare parts, ensuring that customers have access to the parts they need to keep their vehicles running smoothly.

TCIM is also committed to sustainability and is constantly seeking ways to reduce its environmental impact. The company has implemented various initiatives, such as reducing energy consumption and water usage, as well as promoting the use of electric and hybrid vehicles.

Another aspect that sets TCIM apart from other automotive companies is its strong commitment to corporate social responsibility (CSR). The company has a dedicated CSR team that works on various initiatives to give back to the community. For example, TCIM has partnered with various non-profit organizations to provide support and assistance to those in need. The company also organizes various events and activities to raise awareness about environmental issues and promote sustainable living.

In conclusion, Tan Chong Industrial Motor is a company that has made a significant impact on the automotive industry in Singapore and Southeast Asia. With its strong partnership with Nissan, state-of-the-art facility, and commitment to customer service, TCIM has earned a reputation as a reliable and trustworthy automotive company. The company’s commitment to sustainability and CSR initiatives also sets it apart from other companies in the industry, demonstrating its dedication to making a positive impact on both the environment and the community.…

Bukit Panjang An Idyllic Suburb with Plenty to Offer for a Peaceful and Fulfilling Lifestyle

Bukit Panjang, a suburb located in the northwestern region of Singapore, is a hidden gem that offers a tranquil and peaceful lifestyle with plenty of amenities and facilities that cater to the needs of its residents. With a growing population of over 140,000 people, Bukit Panjang has become a popular choice for those looking for a quieter and more affordable alternative to living in the bustling city.

In this article, we will explore the reasons why Bukit Panjang is a very good place to stay and what makes it an ideal location for families, young professionals, and retirees looking for a peaceful and fulfilling lifestyle.

Convenient Location

Bukit Panjang is strategically located in the northwestern region of Singapore, making it easily accessible by public transportation, such as the MRT, LRT, and buses. Residents can enjoy the convenience of living in a suburban area while having easy access to the city’s amenities and facilities. It takes less than 30 minutes to reach the city center by public transport, making it an ideal location for those who work in the city.

Affordable Housing

Compared to other neighborhoods in Singapore, Bukit Panjang offers affordable housing options for residents. The Housing and Development Board (HDB) flats are a popular choice among residents, with a range of options available, including studio apartments, 2-room flats, 3-room flats, 4-room flats, 5-room flats, and executive apartments.

Lush Greenery

Bukit Panjang is known for its lush greenery and beautiful parks, making it an ideal location for nature lovers. The Bukit Batok Nature Park and Dairy Farm Nature Park are two of the most popular parks in the area, offering residents a place to unwind and enjoy the beautiful surroundings. The Bukit Timah Nature Reserve is also located nearby, providing an ideal location for those who enjoy hiking and outdoor activities.

Plenty of Amenities and Facilities

Bukit Panjang has plenty of amenities and facilities that cater to the needs of its residents. The Hillion Mall is a popular shopping center in the area, with a range of retail shops, restaurants, and entertainment options. Bukit Panjang Plaza is another popular shopping center, with a range of supermarkets, food courts, and specialty stores.

Education Options

Bukit Panjang offers a range of education options for families with young children. There are several primary and secondary schools in the area, including Bukit Panjang Primary School, Beacon Primary School, Greenridge Secondary School, and Assumption Pathway School. The Singapore American School is also located nearby, offering an ideal location for expatriates with children.

Strong Community Spirit

Bukit Panjang has a strong community spirit, with several community centers and organizations that offer a range of activities and events for residents. The Bukit Panjang Community Club is a popular venue for community events, while the Bukit Panjang Neighbourhood Committee organizes regular community activities such as clean-up drives and cultural events.

Healthcare Facilities

Bukit Panjang has several healthcare facilities in the area, including the Senja Medical Clinic and the Phoenix Medical Group. The Ng Teng Fong General Hospital is also located nearby, providing residents with access to a range of medical services.

In conclusion, Bukit Panjang is an idyllic suburb that offers a peaceful and fulfilling lifestyle for its residents. With its convenient location, affordable housing options, lush greenery, plenty of amenities and facilities, education options, strong community spirit, and healthcare facilities, it is no wonder why Bukit Panjang is a very good place to stay. It is an ideal location for families, young professionals, and retirees who are looking for a comfortable and serene environment to call home. Whether you enjoy spending time outdoors, shopping, or engaging in community activities, Bukit Panjang has something to offer for everyone.

For families with young children, Bukit Panjang offers several educational options that are close to home. The schools in the area are known for their excellent academic standards and provide a safe and nurturing environment for children to grow and learn. The Singapore American School is also located nearby, providing a world-class education for expatriates with children.

For nature lovers, Bukit Panjang is a haven of lush greenery and beautiful parks. The Bukit Batok Nature Park and Dairy Farm Nature Park are perfect places to explore the outdoors and appreciate the beauty of nature. The Bukit Timah Nature Reserve is also located nearby, providing an ideal location for those who enjoy hiking and outdoor activities.

For those who enjoy shopping and dining out, Bukit Panjang has several shopping centers and restaurants to choose from. The Hillion Mall and Bukit Panjang Plaza are popular shopping centers in the area, offering a range of retail shops, restaurants, and entertainment options.

Bukit Panjang also has a strong community spirit, with several community centers and organizations that offer a range of activities and events for residents. The Bukit Panjang Community Club and Neighbourhood Committee organize regular community events, such as clean-up drives, cultural events, and volunteer work, which foster a sense of community and belonging.

Finally, Bukit Panjang also has several healthcare facilities Marina Gardens Condo in the area, ensuring that residents have access to quality medical services when needed. The Ng Teng Fong General Hospital is located nearby, providing a range of medical services to residents.

In conclusion, Bukit Panjang is an ideal location for those who seek a peaceful and fulfilling lifestyle in a serene environment. With its convenient location, affordable housing, lush greenery, amenities and facilities, education options, strong community spirit, and healthcare facilities, Bukit Panjang is a great place to live for families, young professionals, and retirees alike. It is no wonder why it is considered one of the best places to live in Singapore and why more people are choosing to call Bukit Panjang their home.…

Unveiling the Untold Story of CDL Real Estate Developer From Its Humble Beginnings to Global Recognition

When we hear the name “CDL Real Estate Developer,” the first thing that comes to mind is its reputation as a globally recognized developer with a portfolio of remarkable projects that redefine urban living. But behind this corporate identity lies a story of perseverance, innovation, and an unwavering commitment to excellence.

CDL Real Estate Developer: A Brief History

CDL Real Estate Developer (CDL) was founded in 1963 by Kwek Hong Png, a visionary entrepreneur who started his business as a small construction company. Over the years, CDL grew steadily, and in 1972, it was listed on the Singapore Exchange (SGX). Today, CDL is one of the largest and most successful real estate developers in Singapore, with a global presence in over 100 locations across 30 countries.

CDL’s early success can be attributed to its innovative approach to construction, which included the use of prefabricated building components, a rarity at the time. This allowed CDL to complete projects faster and more efficiently than its competitors, giving it an edge in the market. Today, CDL’s commitment to innovation and sustainability remains at the core of its business philosophy, as it seeks to create lasting value for its stakeholders.

CDL’s Global Footprint

CDL’s global presence spans across Asia, Europe, North America, and the Middle East. The company’s diverse portfolio includes residential, commercial, hospitality, and mixed-use developments, each designed to meet the unique needs of its local markets. In Singapore, CDL is known for its iconic projects, such as The Sail @ Marina Bay, South Beach Residences, and Nouvel 18, which have redefined the city’s skyline and set new benchmarks for luxury living.

Outside Singapore, CDL has made a mark with its sustainable developments that prioritize environmental conservation and community well-being. In London, CDL developed the landmark One Nine Elms, a mixed-use development that includes two towers with 44 and 56 storeys respectively. The project received the BREEAM Excellent rating for its sustainable features and is one of London’s most coveted addresses.

CDL has also invested in hospitality developments, including the Millennium Hotels and Resorts brand, which operates in over 100 locations worldwide. CDL’s hospitality arm has won numerous awards for its exceptional service and commitment to sustainability, making it a preferred choice for business and leisure travelers alike.

CDL’s Commitment to Sustainability

As a responsible developer, CDL is committed to reducing its environmental footprint and contributing to the well-being of local communities. CDL’s sustainability initiatives include the adoption of green building technologies, the use of renewable energy sources, and the promotion of recycling and waste reduction practices.

CDL has set ambitious targets for reducing its carbon emissions and has committed to achieving net-zero emissions by 2050. The company has also integrated sustainability into its business strategy and decision-making processes, ensuring that its developments are not only environmentally friendly but also socially and economically sustainable.

CDL’s Corporate Social Responsibility (CSR) initiatives are also a testament to its commitment to community well-being. CDL’s flagship CSR program, the CDL E-Generation Challenge, empowers young people to create innovative solutions to environmental challenges. The program has reached over 40,000 students in Singapore and has expanded to other countries, including China, Japan, and the United Kingdom.

Conclusion

CDL Real Estate Developer’s journey from a small construction company to a globally recognized developer is a testament to its perseverance, innovation, and commitment to excellence. CDL’s portfolio of remarkable projects has set new benchmarks for luxury living, while its sustainability initiatives and CSR programs reflect its commitment to creating lasting value for its stakeholders and contributing to a better world.

As CDL continues to expand its global footprint and undertake new projects, it remains committed to its core values of sustainability, innovation, and community well-being. Its success is not only measured by the quality of its developments but also by the positive impact it has on the environment and society.

CDL’s story serves as an inspiration for other businesses looking to make a difference in the world. By adopting a sustainable and socially responsible approach to business, companies can create lasting value for their stakeholders and contribute to a better future for all.

In conclusion, CDL Real Estate Developer is not just a developer with a remarkable portfolio, but also a company that has redefined the meaning of responsible business. Its journey from humble beginnings to global recognition is a story of perseverance, innovation, and a commitment to creating value for its stakeholders. As CDL continues to grow and expand, its vision of sustainable and responsible development will undoubtedly shape the future of urban living.…

Bukit Panjang Integrated Transport Hub A Comprehensive Guide to Singapore’s First Integrated Transport Hub

Singapore’s transportation system is known for its efficiency, safety, and convenience. With the Luminar Grand recent launch of the Bukit Panjang Integrated Transport Hub (ITH), Singaporeans have another reason to celebrate. The Bukit Panjang ITH is the first of its kind in Singapore, providing a seamless transfer between various modes of transportation. In this article, we’ll take a closer look at the Bukit Panjang ITH, its facilities, and how it benefits commuters.

What is the Bukit Panjang Integrated Transport Hub?

The Bukit Panjang Integrated Transport Hub (ITH) is a comprehensive transportation facility located in the heart of Bukit Panjang. It serves as a central point for commuters to transfer between various modes of transportation, including the MRT, LRT, and bus services. The ITH is designed to improve commuters’ travel experience by providing a seamless transfer between different modes of transportation.

The ITH is part of the government’s efforts to enhance the public transportation system in Singapore. It is the first of several ITHs planned across the island. The Bukit Panjang ITH was officially opened on 4 September 2017 by Prime Minister Lee Hsien Loong.

Facilities and Features

The Bukit Panjang ITH is a one-stop transportation hub, offering a wide range of facilities and features to commuters. These include:

MRT Station
The Bukit Panjang ITH is connected to the Downtown Line (DTL) and the Bukit Panjang LRT (BPLRT) network. The DTL connects Bukit Panjang to the city centre, while the BPLRT serves the Bukit Panjang estate. The MRT station is located on the basement level of the ITH and is easily accessible from the bus interchange and LRT stations.

Bus Interchange
The Bukit Panjang Bus Interchange is located on the first level of the ITH. It provides seamless connectivity to various parts of Singapore, including the city centre, Jurong East, Woodlands, and Changi Airport. The bus interchange has 17 boarding berths, with services provided by SBS Transit and SMRT Buses.

Retail and F&B Outlets
The Bukit Panjang ITH has a wide range of retail and food and beverage (F&B) outlets. These include popular brands such as McDonald’s, Starbucks, and BreadTalk. The retail outlets offer a range of products and services, including convenience stores, pharmacies, and beauty salons.

Community Club
The Bukit Panjang ITH also houses a community club, providing a range of activities and events for residents. The community club has a multi-purpose hall, dance studio, and rooftop garden. It also offers various courses and activities, including cooking classes, fitness classes, and art workshops.

Benefits to Commuters

The Bukit Panjang ITH provides several benefits to commuters, including:

Seamless Transfer between Different Modes of Transportation
The Bukit Panjang ITH offers a seamless transfer between different modes of transportation, including the MRT, LRT, and bus services. Commuters no longer have to walk long distances or transfer at multiple stations to reach their destination. The ITH provides a convenient and efficient way to travel across Singapore.

Comfortable and Convenient Waiting Areas
The Bukit Panjang ITH has several comfortable and convenient waiting areas, providing a pleasant experience for commuters. The waiting areas are air-conditioned, with seating areas and digital display boards showing the estimated arrival times of buses and trains.

Wide Range of Retail and F&B Outlets
The Bukit Panjang ITH has a wide range of retail and F&B outlets, providing commuters with various options to shop and dine. This is especially useful for commuters who may have to wait for their connecting transport or who need to grab a quick bite before heading off to their destination.

Accessibility for Residents
The Bukit Panjang ITH is located in the heart of the Bukit Panjang estate, making it easily accessible for residents. The ITH provides a range of transport options for residents to travel to other parts of Singapore, including the city centre and Changi Airport.

Community Activities and Events
The community club located within the Bukit Panjang ITH provides residents with a range of One Sophia activities and events. This helps to foster a sense of community within the Bukit Panjang estate and provides residents with an opportunity to connect with their neighbours.

Future Plans for Integrated Transport Hubs

The Bukit Panjang ITH is the first of several integrated transport hubs planned across Singapore. These hubs are designed to provide seamless connectivity between different modes of transportation and to enhance the overall travel experience for commuters.

The next ITH to be completed will be the Tampines ITH, which is expected to open in 2022. The Tampines ITH will serve as a central point for commuters to transfer between the MRT, bus, and bicycle sharing services. It will also have a range of retail and F&B outlets, as well as a community club.

Conclusion

The Bukit Panjang Integrated Transport Hub is a significant addition to Singapore’s transportation infrastructure. It provides commuters with a seamless transfer between different modes of transportation and offers a range of facilities and features to enhance the overall travel experience. The ITH is also an example of Singapore’s commitment to sustainable and efficient public transportation. With more ITHs planned across the island, Singapore’s transportation system is set to become even more integrated and convenient for commuters.…

Six-storey Boat Quay shophouse sold for $37 mil

High demand for premium commercial shophouses in the prime Boat Quay location has resulted in the sale of a six-storey shophouse for $37 million. Savills Singapore brokered the deal, in which the seller made a sizeable gain of $16 million. The prime property, located at 52 Boat Quay and occupying a 1,119 sq ft site, comes with an estimated total built-up area of about 6,446 sq ft.

Renovations in 2015 have resulted in a modern and well-equipped commercial space, complete with corporate office tenants situated on the second and fourth floors. On the ground floor stands an Izakaya bar, whilst on the top two floors is the Italian restaurant Braci.

Yap Hui Yee, Executive Director of Investment Sales and Capital Markets at Savills Singapore, was responsible for the deal. She commented that the property attracted “significant interest” and cited the rarity of riverfront-facing properties being available for sale in the area, speaking highly of its charm.

The history of the shophouse shows that the seller purchased it in June 2018 for $21.35 million, indicating a whopping profit of $16 million. It’s not a surprise that investors were eager to get their hands on this property!

Check out the latest listings near Boat Quay – the high demand for premium commercial shophouses in this prime location has opened a unique opportunity to acquire charming flagship properties in the heart of the CBD.

EdgeProp Research tool provides an overview and map of commercial properties on and near 52 Boat Quay to assist in making informed decisions.…

Why Jurong is The Next Up and Coming Estate

Jurong is a rapidly developing area of Singapore that is quickly becoming one of the most sought-after places to live. Located in the western region of Singapore, it is home to the Jurong East Regional Centre, one of the busiest commercial hubs in the city. This area is also home to a wide variety of commercial, retail and residential developments, making it an attractive option for both tourists and locals alike.

For starters, Jurong is known for its excellent transportation options. It is well-connected to the rest of Singapore through the MRT (Mass Rapid Transit) system, making it easy for people to access other parts of the city. In addition, there are several expressways that make it easy for commuters to get to different parts of the island quickly. Furthermore, Jurong is also home to a number of bus stops, giving commuters more options for getting around.

In addition to its excellent transportation links, Jurong also offers a wide range of housing options. From luxury apartments to family-friendly terrace houses, there is something for everyone in this up-and-coming estate. What’s more, Jurong also has a wide selection of shopping centres, restaurants, entertainment venues and other facilities, making it an ideal place for people to live and work.

Finally, Jurong is also known for its vibrant nightlife. There are numerous bars, pubs, and clubs in this area, making it the perfect place to go out and have a good time. Furthermore, the area is also home to a number of music festivals and events, giving residents plenty of opportunities to socialise and have a good time.

All in all, Jurong is an up-and-coming estate that offers a wide range of amenities and facilities. Whether you’re looking for convenient transportation options, a variety of housing options, shopping and entertainment venues, or a vibrant nightlife, Jurong is a great place to live and visit. With its excellent amenities and facilities, it’s no surprise that this area is quickly becoming one of the most sought-after places to live in Singapore.

Jurong is a residential estate in Singapore that has been gaining popularity in recent years. This is due to its proximity to the city centre and its growing infrastructure. Jurong is located near the western part of Singapore and is easily accessible through the MRT lines, expressways and buses. It is also an ideal place for investors, with its strategic location, good public transport and ample amenities.

The location of Jurong is one of its main advantages. It is close to the city centre, making it a convenient choice for those who want to commute to the city for work or leisure. The nearby Jurong East MRT station, as well as other public transport options, make getting around the neighbourhood convenient and easy. This is a major draw for potential buyers, as it makes it easier to get around the city.

The infrastructure of Jurong has also been rapidly expanding. This includes Lumina Grand EC new shopping malls, such as Jem and Westgate, as well as a new MRT line. These amenities make it easier for residents to access the amenities they need. There are also new recreational options such as the Jurong Lake Park and the Jurong East Sports Complex. These provide residents with a range of activities to enjoy, from shopping and dining to sports and leisure.

In addition to this, Jurong is an attractive option for investors due to its strategic location. The neighbourhood is surrounded by industrial estates, making it ideal for those looking to purchase and develop property. This has led to many investors taking advantage of the potential in the area, and the increased demand for property has driven up prices in the area.

Jurong is also becoming a popular choice for families. This is due to its proximity to good schools, such as the Jurong Junior College, as well as the many amenities in the area. There are also several parks and green spaces, which provide families with a safe place to relax and enjoy nature.

Overall, Jurong is an up and coming estate with much to offer. Its strategic location, good transportation links and ample amenities make it an attractive choice for buyers and investors. In addition, the increasing number of recreational and leisure options make it an attractive choice for families. As a result, Jurong is an ideal location for those looking to invest in property or to find a place to call home.…