Month: January 2025

The freehold mixed-use development, Roxy Square, located in Katong, will undergo a collective sale as announced by marketing agent JLL. The development, which includes 296 shops, 26 apartments, and a 576-room Grand Mercure Roxy Hotel, was previously launched for tender in July 2019 at a minimum price of $1.25 billion. Although the tender closed on Sept 26, JLL states that owners are now in the process of signing a supplemental agreement to lower the collective sale price by 10.8% to $1.115 billion. This new price will require at least 80% of owners’ support to take effect, with over 70% of owners already in favour.Under the proposed lower price, the development is expected to have a unit land rate of $1,852 per square foot per plot ratio (psf ppr). This includes a Land Betterment Charge (LBC) at the gross plot ratio of about 3.86. With the inclusion of an additional 10% bonus gross floor area (GFA) for the residential component and the LBC, the land rate will be $1,804 psf ppr, according to JLL.Tan Hong Boon, JLL Singapore’s executive director of capital markets, believes that Roxy Square’s location in the popular Katong area, combined with its freehold tenure and excellent connectivity to amenities, make it a desirable investment opportunity. He also cites recent successful launches in the area, such as Meyer Blue and Emerald of Katong, as examples of the strong demand for private residential properties in the area. Additionally, the development’s proximity to Marine Parade MRT Station (Thomson-East Coast Line) and direct underground connection further enhances its appeal. Completed in 1996, Roxy Square has a gross floor area (GFA) of 668,000 sq ft.Currently, the development is partially zoned for commercial and residential use, with a gross plot ratio of 3.0, along East Coast Road under the 2019 Master Plan. The part of the development that faces Marine Parade Road is zoned for hotel use. However, based on recent planning advice from URA, the entire site can be rezoned for commercial and residential use, and be redeveloped into a high-rise mixed-use development with a height of up to 75m, potentially yielding over 350 residential units, approximately 80,000 sq ft of retail and F&B space, and an additional 172,000 sq ft for office, hotel, or other commercial uses, says JLL.Furthermore, Roxy Square also offers accessibility to major expressways such as East Coast Parkway (ECP) and Nicoll Highway, and is an important part of the Round-Island Route and Park Connector Network.Tan adds that the proposed reduction in reserve price, if supported by the majority owners, will make the site even more appealing to potential buyers, considering the consistent demand for quality residences in the area. He believes that this sale will help shape a key part of Singapore’s East Coast for future development.The tender for Roxy Square will close on Feb 18 at 3pm, and interested buyers can check out the latest listings for Roxy Square properties on online platforms such as Ask Buddy. These platforms also offer useful comparison tools, such as price trend comparison of new sale condo and resale condo, or that of condo new sale and executive condo new sale. They also provide information on the most profitable and most unprofitable landed transactions in the past year, as well as the condo projects with the most expensive average PSF.…

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The Arcady at Boon Keng, a landmark private residence in the heart of the Boon Keng area, is set to be completed in 2027. Featuring a modern architectural design, the 172-unit freehold condominium will also create a beautiful green space along Serangoon Road, distinguishing itself as a standout development in the neighbourhood.

Developed by renowned local companies KSH Holdings, SLB Development, and H10 Holdings, and designed by award-winning architectural firm Park + Associates, The Arcady at Boon Keng offers a rare opportunity for discerning buyers to invest in an affordable freehold development in the city-fringe area. It is one of the few freehold projects launching this year, making it a highly sought-after property.

A green oasis in the bustling city

The developers and designers of The Arcady at Boon Keng have deliberately created a project that stands out as an urban oasis in the busy city-fringe neighbourhood. The architects at Park + Associates, together with landscape architect Ecoplan Asia, have crafted a tiered design that optimises the available space for lush greenery. This unique design combines three storeys’ worth of facilities into a ‘one-stop’ zone on the ground floor, making efficient use of space and creating a beautiful communal area for residents.

At the Social Deck, parents can relax while keeping an eye on their children playing at the Kids Playground, or enjoy quality family time at the Family Deck, which features a Splash Patio and Family Pool. The development also offers water facilities such as an infinity pool, a spa pool, and a family pool, all of which are overlooked by the second-storey Sky Terrace.

A haven for families and design-oriented buyers

The Arcady at Boon Keng caters to the diverse needs and lifestyles of its residents with its wide range of facilities spread over 47 condo facilities spanning 4,000 sqm. From a dedicated kids’ zone with a Party Deck and Kids Club to an indoor retreat at the Chill Out Lounge, and even a community garden that provides a convenient source of organic produce, residents will find their pocket of excitement within the development.

The tower’s orientation and unit layout have been thoughtfully designed, with all units facing either the north or south to maximise views. Units are also tilted away from the main road, reducing traffic noise and creating a peaceful living environment. Higher floor units have stunning views of the Kallang River, while south-facing units offer views towards Marina Bay.

Innovative unit layout for families and couples

The Arcady at Boon Keng boasts efficiently designed units, with master bedrooms that can accommodate king-sized beds and common bedrooms that have ample space for queen-sized beds. The development has also seen steady sales of its larger units, including three-bedroom units of 969 sq ft, three-bedroom-plus-study units of 1,281 sq ft, and four-bedroom units of 1,410 sq ft. It also offers two penthouses, one at 2,433 sq ft and another at 2,583 sq ft, giving families and couples plenty of options to choose from.

In terms of location, The Arcady at Boon Keng is near several popular primary and secondary schools, such as Bendemeer Primary School, Bendemeer Secondary School, St Andrew’s Junior School, and Hong Wen School. It is also conveniently located near shopping malls, including Woodleigh Mall at Bidadari Park Drive and Bendemeer Mall along Bendemeer Road.

Strategic location and excellent value make it a top choice for buyers

According to Ismail Gafoor, CEO of PropNex Realty, one of the project’s marketing agents, the convenience of The Arcady at Boon Keng’s location and excellent connectivity have attracted a lot of attention from buyers and investors. With the Boon Keng MRT Station just a short six or seven-minute walk away, residents will have easy access to the city, with Dhoby Ghaut MRT Interchange Station only three stops away. With the increasing demand for projects near MRT stations, The Arcady at Boon Keng presents a rare opportunity for buyers.

Mark Yip, CEO of Huttons Asia, also believes that The Arcady at Boon Keng’s strategic location and easy access to major expressways like CTE and PIE make it an attractive investment opportunity. The development is also set to benefit from the rejuvenation of the Kallang precinct, which will see the development of new sports and leisure facilities as part of the Kallang Alive Masterplan.

Attractively priced for a freehold property

Since its launch in January 2024, The Arcady at Boon Keng has seen a steady rise in sales, with all the one-bedroom plus study units sold out and close to 90% of the two-bedroom units already sold. Priced at an average of $2,570 psf, it is a competitive offering compared to new 99-year leasehold projects in the area. Its freehold tenure also makes it an ideal investment for legacy planning and wealth preservation.

“The Arcady at Boon Keng checks all the boxes for homebuyers today,” says Ismail Gafoor, CEO of PropNex Realty, “with its prime location, good connectivity, and excellent amenities. Families looking for a conveniently located condo with a full suite of facilities will find it an ideal choice.” Marcus Chu, CEO of ERA, also believes that the scarcity of new home launches in the area and the development’s close proximity to nearly 1,400 upcoming MOP units from the Bidadari HDB estate make it a highly desirable property for HDB upgraders.

With its strategic location, excellent value, and carefully crafted design, The Arcady at Boon Keng is a top choice for buyers and investors looking for a freehold property in a central location.…

Five Lucky Plaza strata retail units up for sale at $5.5 mil eachThe freehold strata retail units at Lucky Plaza are currently on the market with Savills Singapore serving as the designated marketing agency. The mixed-use development located along Orchard Road comprises of a residential tower and six-storey mall with a basement.The portfolio consists of 14 retail properties which are spread across the lower ground and first two high profile levels of the mall, with sizes ranging from 118 to 3,046 sq ft. In total, the units account for 7,266 sq ft of strata area.According to Savills Singapore, the most outstanding feature of the offering is its food court, which encompasses seven connected strata units and covers a total of 3,046 sq ft. Currently, the remaining retail units are occupied by a mix of businesses such as a pub, retail shops, beauty service providers, and even a maid agency.Read also: Luxury brands target millennials and Gen Z with bigger flagship storesSophia Lim, who is the director of investment sales and capital markets at Savills Singapore, anticipates that the Lucky Plaza retail units will enjoy high footfall as they are situated in a prime location. She adds that the food court at the basement is particularly popular, attracting a consistent number of crowds on a daily basis.The food court is priced at $25.43 million, while the entire portfolio is listed at $52.6 million. Alternatively, individual strata retail units are available from $1.1 million onwards. Both foreign individuals and companies are eligible to purchase and there are no additional buyer’s or seller’s stamp duty imposed.Lim believes that prime strata freehold retail assets are highly coveted by investors due to the limited options available and URA’s ruling against further strata subdivision for commercial properties along Orchard Road. She also looks forward to the Orchard precinct revitalization planned by URA, which is expected to bring about increased rental incomes and capital appreciation for Lucky Plaza. Find out more about available properties at Lucky PlazaAsk a Buddy to help youCompare the resale prices of condos and executive condosCompare the profitable transactions of condos in District 9View the total number of units in Lucky PlazaCheck out the unprofitable transactions of condos in District 9Generate a price trend graph for resale condos in District 9…

The tender for the Tengah Gardens Avenue site under the Government Land Sale program closed on January 14th with three bids received. The top bid of $675 million was submitted by a consortium led by Hong Leong, which includes GuocoLand Singapore and CSC Land Group. This bid represents a price of $821 per square foot per plot ratio (psf ppr).

The 99-year leasehold site is zoned for residential development with commercial space on the first storey. It spans approximately 273,906 square feet and has a maximum gross floor area of 821,720 square feet. The Urban Redevelopment Authority estimates that the site has the potential to yield up to 860 residential units.

Should the Hong Leong-led consortium be awarded the site, they plan to develop an 860-unit condominium, taking advantage of the enhanced connectivity provided by the upcoming Jurong Region Line (JRL) nearby. According to Loke Kee Yeu, General Manager (Projects) at Hong Leong Holdings Limited, the JRL will contribute to the growth of the new Tengah estate.

The Tengah Gardens Avenue site is located near the upcoming Hong Kah MRT Station on the JRL. It will be just one stop away from the upcoming Tengah Town Centre and offer a direct route to the second Central Business District (CBD) at Jurong Lake District.

The top bid of $821 psf ppr for the Tengah Gardens Avenue site is only 0.73% higher than the second-place bid of $815 psf ppr, submitted by Chinese developer Kingsford Group. The third and final bid of $812 psf ppr was submitted by local developer Sim Lian Group.

Despite the increase in homebuyer activity towards the end of 2024, developers remain cautious, according to Leonard Tay, Head of Research at Knight Frank Singapore. Another GLS site at Dairy Farm Walk also closed on January 14th and received only two bids.

Tay suggests that developers may have decided to focus on existing sites that are being prepared for launch in 2025. He also points out that the tight bid price spread between the three bids (less than 1%) indicates that developers are being conservative in their bids.

Mark Yip, CEO of Huttons Asia, believes that developers are keeping their land bids reasonable in order to maintain attractive selling prices for buyers. He expects more developers to submit joint bids for GLS sites this year as a way to diversify risk. This may be one reason why the number of bids for GLS tenders has remained around three.

According to Marcus Chu, CEO of ERA, another factor contributing to the low number of bids could be the current availability of GLS sites. With seven sites still open for tender and six more expected to be launched in the first half of 2025, developers are taking a measured approach and weighing their options amid moderate interest rates.

Interest in the Tengah Gardens Avenue site may have been tempered by the availability of another nearby GLS site, notes Justin Quek, CEO of OrangeTee & Tie. Developers may be considering bidding on a different GLS site along Lakeside Drive and Lakeside MRT, which is scheduled to be launched for tender in April 2025.

If awarded, the Tengah Gardens Avenue site will be home to the first private residential development (excluding Executive Condominiums) in the Tengah HDB township. The first EC in the estate, Copen Grand, was successfully launched for sale in 2022 and sold out within a month. The joint developers, City Development Limited (CDL) and MCL Land, secured the EC site with a top bid of $400.32 million, or $603 psf ppr, in May 2021.

ERA’s Chu believes that the opportunity to launch the first private condominium in the new Tengah estate may have attracted the Hong Leong-led consortium. “Having made forays into sites at Lentor, Upper Thomson, and Bugis, they see this as an opportunity to do the same in Tengah.”

According to Mohan Sandrasegeran, Head of Research & Data Analytics at SRI, being the first private condominium in the area could attract a wider range of buyers compared to Executive Condominiums, which are subject to HDB eligibility criteria and restrictions such as a five-year minimum occupation period (MOP) and a monthly household income ceiling of $16,000.

PropNex estimates that the average selling price of the new private condominium at the Tengah Gardens Avenue site could be around $2,000 psf if awarded at the top bid of $821 psf ppr. The site’s location within 2km of the future Anglo-Chinese School (Primary), according to Ismail Gafoor, CEO of PropNex, could be very appealing to families with school-aged children.…

A rare and highly desired freehold 15-room loft hotel, located at 739-1 Geylang Road in District 14, is now available for sale at $14 million. This two-storey property, which also includes a newly constructed four-storey rear extension, sits on a 1,273 sq ft plot and has an approved gross floor area (GFA) of up to 3,186 sq ft.

What sets this hotel apart is its permanent ‘Hotel’ zoning and usage approval, a sought-after designation for new conservation shophouses in Singapore. This adds to the long-term investment value and operational flexibility of the property. Moreover, its prime location just a 5-minute walk from Paya Lebar MRT station provides excellent connectivity, as it is a dual-line station serving both the East-West and Circle lines, allowing guests to easily access various parts of the city.

The hotel, designed with a chic Japandi theme, is currently under construction and is expected to receive its Temporary Occupation Permit (TOP) in Q2 2025. The sale price is all-inclusive, covering all construction and renovation costs, ensuring that the property will be ready for immediate operation upon purchase. This makes it a turnkey investment opportunity for those looking to venture into the hospitality industry or expand their presence in it.

For investors, this hotel offers an attractive proposition. The current owner, a seasoned hotel operator, is open to a sale and leaseback arrangement, providing an opportunity for immediate rental income and continued operation. Eva Lau, Senior Marketing Director of ERA Realty Network Pte. Ltd., believes that the hotel will also appeal to owner-operators, as it will undergo major renovations that will allow for a smooth and quick start to operations.

The demand for hospitality assets in Singapore has been steadily rising over the past year, with notable recent transactions such as LHN Group’s $30 million acquisition of Pasir Panjang Inn, a 16,626 sq ft site. Last year, an 8-storey hotel located at 12 Lorong 12 Geylang was listed for sale at $120 million, while Hotel JJH, a 25-room property at 747 North Bridge Road, is currently on the market for $38 million. These transactions highlight the strong demand for well-located, high-quality hospitality assets, which are highly desirable commercial shophouse usage classes in Singapore.

For more information, contact Eva Lau at 92785688, Senior Marketing Director (R062169F) of ERA Realty Network Pte. Ltd.

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Real estate consultancy firm JLL has recently announced the appointment of James Cameron as its new head of energy and infrastructure for Asia Pacific in its capital markets division. This newly created role will be based in Singapore, as stated in a press release on Jan 14.

Cameron’s main responsibility will be to build a team in Asia Pacific, which will complement JLL’s existing EMEA Energy & Infrastructure business and create a global capital advisory capability. This is expected to better serve both local and international developers as well as investors.

According to JLL, Cameron’s appointment is in line with the long-term capital requirements necessary for the development of infrastructure and renewables, to address the challenges of decarbonisation, digitalisation, economic growth, and rapid urbanisation.

Read also: Capital market deals jump 40% in 2024, bolstered by interest rate cuts

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Stuart Crow, CEO of capital markets for JLL Asia Pacific, says, “We see significant opportunities to leverage our unique expertise in mobilising multiple sources of capital and JLL’s unparalleled track record in advising renewables transactions globally, to serve clients within the energy and infrastructure sector across Asia Pacific.”

Cameron will work closely with JLL’s teams in capital markets, investment banking, and debt advisory across the region. His focus will be on the origination of capital raising and transaction advisory opportunities for large infrastructure and renewable transactions for various entities such as institutional investors, private equity firms, asset managers, strategic infrastructure and renewable operators and developers, high net-worth individuals, and family offices.

With more than 25 years of experience in real asset capital markets, and having served as the Global Head of Commercial Real Estate at Standard Chartered Bank, Cameron brings a wealth of experience in mobilising private and public equity and financing for global and regional infrastructure projects.

Crow also mentions, “James’ expertise in this dynamic area is unparalleled in the region, and we are extremely confident in his ability to establish JLL’s leadership position through his knowledge and strong client relationships.”…

Two adjacent Good Class Bungalows (GCBs) in the exclusive Belmont Park GCB area have been put up for sale through an expression of interest (EOI). These GCBs, located at 52 and 54 Belmont Road, are being sold by related owners with a combined land area of 41,741 square feet. The indicative price for the properties is set at $88.8 million, which works out to be $2,128 per square foot on the land area. According to marketing agent Sakal Real Estate Partners, the combined plots have a 44-metre frontage along Belmont Road with an average depth of 66 metres.

“We believe this site will appeal to families seeking to build a new home for multigenerational or extended family living,” says Lennon Koh, Senior Director at Sakal. “In addition to homeowners, developers looking to tap into the exclusive GCB market may also be interested in this property.”

Recent transactions in the area show strong demand for GCBs. In December 2020, a GCB on Belmont Road with a land area of 19,549 square feet was sold for $40 million, or $2,046 per square foot. In July 2024, two adjacent GCB plots on Belmont Road were sold for $131.4 million, or $3,000 per square foot based on the combined land area of 43,790 square feet. Nearby, a GCB at Bin Tong Park with a land area of 28,111 square feet was sold for $84 million, or $2,988 per square foot in April.

Steven Ming, Managing Director at Sakal, believes that the Belmont Road GCBs will attract strong interest due to their desirable location and the resilient demand for GCBs. “The estimated total value of GCB transactions in 2024, which amounted to $1.32 billion, surpassed the values in 2023 ($433 million) and 2022 ($1.18 billion), and we anticipate that the trend will continue in 2025,” he says.

Interested buyers can submit an expression of interest for the GCBs until March 13 at 3pm.…

JLL, a real estate consulting firm, has recently announced the appointment of James Cameron as the new head of energy and infrastructure for Asia Pacific. The firm revealed in a press release on January 14th that Cameron will be filling this newly created role based in Singapore.

Cameron’s main responsibility will be to build a strong team in the Asia Pacific region. His appointment will complement JLL’s existing EMEA Energy & Infrastructure business, creating a global capital advisory capability that will better serve both local and international developers and investors.

According to JLL, Cameron’s appointment aligns with the long-term capital needs necessary to support the development of infrastructure and renewable energy projects. These developments are critical in tackling the challenges of decarbonisation, digitalisation, economic growth, and rapid urbanisation.

Stuart Crow, the CEO of capital markets for JLL Asia Pacific, comments on Cameron’s appointment by saying, “We see significant opportunities to leverage our unique expertise in mobilising multiple sources of capital and JLL’s unrivalled track record in advising renewables transactions globally to serve clients within energy and infrastructure across Asia Pacific.”

In his new role, Cameron will collaborate with JLL’s capital markets, investment banking, and debt advisory teams across the region. His focus will be on identifying opportunities for capital raising and providing transaction advisory services for large infrastructure and renewable energy projects. This will benefit a diverse range of clients, including institutional investors, private equity firms, asset managers, strategic infrastructure and renewable energy operators and developers, high net-worth individuals, and family offices.

With over 25 years of experience in real asset capital markets, Cameron brings a wealth of knowledge to JLL. He previously held the position of global head of commercial real estate at Standard Chartered Bank and has extensive experience in mobilising both private and public equity and financing for infrastructure projects on a global and regional scale.

Crow expresses confidence in Cameron’s ability to establish JLL’s leadership position in the energy and infrastructure sector. He says, “James’ experience in this exciting space is unmatched regionally, and we’re extremely confident in his ability to establish JLL’s leadership position through his expertise and client relationships.”…

Sales of One Bernam, the mixed-use development with 351 residential units in Tanjong Pagar, were launched earlier this year in May by joint developers MCC Land and Hao Yuan Investment. Following the weekend of January 11 and 12, 87 of the remaining units were offered for sale at promotional prices.

Based on the latest transactions recorded as of January 10, over 75% of the units were sold with an average price of $2,585 per square foot (psf). The promotional prices were applicable to all the remaining units, including one-bedroom to three-bedroom units, as well as penthouses.

For one-bedroom units ranging from 441 sq ft to 463 sq ft, discounts of $323,000 to $438,000 were given with units selling at prices ranging from $1.295 million ($2,934 psf) to $1.328 million ($2,869 psf). Meanwhile, two-bedroom units with sizes of 700 sq ft to 732 sq ft had discounts between $437,000 to $668,000, with units sold at prices from $1.752 million ($2,394 psf) to $1.78 million ($2,544 psf).

The two-bedroom plus study units of 807 sq ft to 872 sq ft had discounts ranging from $380,000 to $800,000, selling at prices between $2.139 million ($2,581 psf) and $2.158 million ($2,475 psf).

Three-bedroom apartments of 1,421 sq ft had discounts ranging from $616,000 to $830,000, with units selling at prices ranging from $3.496 million ($2,461 psf) to $3.526 million ($2,482 psf).

According to ERA Singapore CEO Marcus Chu, the strong sales performance reflects the high potential and stability of One Bernam as an asset. He also noted that 78% of buyers purchased their units as investments, with 87% of them being Singaporeans and 70% aged between 31 and 50.

Following the overwhelming response over the weekend, only three penthouses are currently available for sale, bringing the total sales to 99%. These include two three-bedroom units of 1,744 sq ft and 1,948 sq ft and a five-bedroom unit of 4,306 sq ft.

With the project scheduled for completion in March 2026, investors are expected to start generating rental income, which can support their loan instalments, according to Chu.

Based on data from EdgeProp Landlens, the average monthly rentals of existing projects in the area such as Altez, Eon Shenton, and 76 Shenton, range from $6.90 psf to $7.40 psf, making One Bernam a desirable and stable investment option.

Regarding future prospects, Chu believes that the reduced competition from foreign buyers due to the increase in Additional Buyer’s Stamp Duty (ABSD) imposed in 2023 has opened up more opportunities for local buyers to enter the market. He also added that local demand is expected to continue to be the main driver for properties in the Central Core Region (CCR), and competitive pricing makes them an attractive investment choice.…

Over the weekend of January 11 to 12, One Bernam, a mixed-use development with 351 residential units in Tanjong Pagar, offered 87 units for sale at discounted prices. The 99-year leasehold apartment tower, developed jointly by MCC Land and Hao Yuan Investment, was first launched in May 2021. As of January 10, over 75% of the units were sold at an average price of $2,585 per square foot (psf), based on lodged caveats.The promotional weekend prices applied to all 87 remaining units, ranging from one-bedroom to three-bedroom apartments and penthouses. To find out the transaction prices and availability of units, you can search for the latest New Launches Advertisement. One-bedroom units ranging from 441 square feet to 463 square feet saw discounts of $323,000 to $438,000, with prices ranging from $1.295 million ($2,934 psf) to $1.328 million ($2,869 psf).Meanwhile, two-bedroom apartments ranging from 700 square feet to 732 square feet had discounts of $437,000 to $668,000, with units sold at prices ranging from $1.752 million ($2,394 psf) to $1.78 million ($2,544 psf). Two-bedroom plus study apartments ranging from 807 square feet to 872 square feet saw discounts of between $380,000 to $800,000, with prices ranging from $2.139 million ($2,581 psf) to $2.158 million ($2,475 psf).Three-bedroom apartments of 1,421 square feet had discounts of between $616,000 to $830,000, with units sold at prices from $3.496 million ($2,461 psf) to $3.526 million ($2,482 psf).The sales performance was deemed impressive by ERA Singapore CEO Marcus Chu, who noted the strong interest in the property as a stable and high-potential asset. He also mentioned that 78% of purchasers bought their units as investments, with 87% being Singaporean and 70% in the 31 to 50 age range. After a successful weekend sale with only three penthouses remaining, reaching a total sales of 99%, there will be just those three units available going forward. These sales include two three-bedroom penthouses of 1,744 square feet and 1,948 square feet, as well as a remaining five-bedroom unit at 4,306 square feet.Chu predicts that rental income will cover loan instalments for investors when the project receives its Temporary Occupation Permit (TOP) in March 2026. According to EdgeProp Landlens, existing condos in the same area command monthly rents between $6.90 psf and $7.40 psf, including projects such as Altez, 76 Shenton, and EON Shenton. Furthermore, the decrease in competition from foreign buyers following the Additional Buyer’s Stamp Duty (ABSD) hike in 2023 opens up more opportunities for local buyers to access the market. Chu also believes that local demand will continue to drive Central Core Region (CCR) properties, as competitive pricing makes these developments an attractive and stable investment choice. If you wish to learn more about One Bernam properties, you can click here to view them on Ask Buddy. You can also view the transactions for One Bernam and compare the latest pricing trends for One Bernam properties.…