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Luxury developer CDL buys Amber Park condo, book value for land $492 milNorthwave executive condo to appeal to both locals and foreignersAdvertisement

Nassim 9, a luxury development situated along Nassim Road in prime District 10, has set a new record for the most profitable private non-landed resale transaction recorded during the period of Feb 4 to Feb 7. According to caveats lodged with the Urban Redevelopment Authority (URA), a four-bedroom unit spanning 2,486 sq ft on the third floor changed hands for $7.5 million on Feb 7. This translates to a price of $3,016 per sq ft (psf).

The seller had previously purchased the unit in December 2005 for $4.12 million, or $1,641 psf. Thus, they reaped a profit of $3.42 million, representing a staggering 83.8% of their original purchase price. This translates to an annualised gain of 3.2% over a period of 19 years.

This marks the third-most profitable resale transaction at Nassim 9 to date. The current record was set in March 2023 when a larger four-bedroom unit spanning 2,756 sq ft was sold for $9.5 million ($3,448 psf). It had been bought for $4.12 million ($1,495 psf) in December 2005. Hence, the seller made a profit of $5.38 million (130.6%), or an annualised gain of 5% over a period of 17 years.

Prior to the unit sold on Feb 7, the last caveated transaction at Nassim 9 was in March 2023, when a four-bedroom unit spanning 3,251 sq ft was sold for $10.3 million ($3,169 psf). It generated a profit of $3.3 million.

Housing just eight units, Nassim 9 is a boutique condominium completed in 2002, located along Nassim Road in prime District 10. The development features four-bedroom units ranging between 2,756 and 3,423 sq ft.

Mount Faber Lodge, a boutique freehold development located along Mount Faber Road in District 4, saw the second-most profitable resale during the period of Feb 4 to Feb 7. A triplex penthouse unit was sold for $5 million ($1,350 psf) on Feb 5, marking the most profitable transaction to date at the development. The unit last changed hands in August 2001 for $1.6 million.

This translates to a profit of $3.4 million (212.5%), or an annualised gain of 5% over a period of 23 and a half years. The previous record was held by a three-bedroom unit spanning 2,669 sq ft on the third floor that was sold for $3.89 million ($1,457 psf) in October 2022. The unit had been purchased in January 2006 for $1.3 million ($487 psf). As such, the seller made a profit of $2.59 million (199.2%) or an annualised gain of 4.7% over a period of 14 years.

Mount Faber Lodge is a boutique freehold development completed in 1983 and located along Mount Faber Road in District 4. The development features a wide variety of units ranging from studio apartments spanning 1,098 sq ft, two and three-bedroom units ranging from 1,173 to 2,454 sq ft, and five-bedroom triplex penthouses ranging between 3,703 and 3,723 sq ft.

The most profitable resale of a three-bedroom unit during the period in review occurred at Amaryllis Ville, a 99-year leasehold condominium in prime District 11. The 1,238 sq ft unit on the 28th floor was sold for $2.65 million on Feb 5, translating to a price of $2,141 psf. It had last changed hands in June 2005 for $1.09 million, or $884 psf. This represents a profit of $1.56 million (142.2%), or an annualised gain of 4.6% over a period of 19 and a half years.

The Feb 5 transaction was the third-most profitable unit to be sold at Amaryllis Ville. The record belongs to a 1,991 sq ft, three-bedroom unit on the 17th floor that was sold for $3.75 million ($1,885 psf) in September 2023. The unit had been purchased in June 2009 for $1.95 million ($979 psf). Hence, the seller made a profit of $1.8 million (92.5%), or an annualised gain of 4.7% over a period of 14 years.

Based on resale data tabulated by EdgeProp Singapore, resale prices at Amaryllis Ville have been steadily on the rise in recent years. Based on a rolling 12-month average, the average price hit $1,897 psf in February 2023, and further rose to $2,001 psf in February 2024. Most recently, in February 2025, the average price hit $2,082 psf, representing a 4% year-on-year increment.

Amaryllis Ville is home to 311 units, and is located along Newton Road. Completed in 2004, the development features a mix of different units ranging from studio apartments spanning 657 sq ft, two and three-bedroom units ranging from 958 to 2,637 sq ft, and five-bedroom triplex penthouses ranging between 3,703 and 3,724 sq ft.

There were no unprofitable transactions during the period in review.…

Singapore-listed property group, Heeton Holdings, has announced a significant increase in earnings for the second half of its financial year 2024, which ended on December 31, 2024. The company saw a y-o-y increase of 221% in earnings, amounting to $3.85 million.

However, despite the strong performance in the second half, the group remained loss-making for the full year FY2024. For the second half, Heeton Holdings reported earnings per share of 0.79 cents per ordinary share. This is an improvement from the previous year’s figure of 0.28 cents per share, which was a loss.

The increase in earnings was driven by the group’s revenue growth, which recorded a 10.5% y-o-y increase to $41.1 million for the second half of the year. The full year revenue also saw a 15.2% y-o-y increase to $78.2 million.

According to Heeton Holdings, the increase in revenue was due to higher occupancies in the United Kingdom and an increase in rental rates for the group’s investment properties. The turnover for the year also included rental income from investment properties, hotel operation income, and management fees.

During the year, the company disposed of some of its subsidiaries, resulting in a net gain of $3.78 million. The group’s property, plant, and equipment, which mainly comprised hotel properties, also saw an increase of $16.92 million in FY2024 due to the acquisition of a hotel in Edinburgh, United Kingdom. The appreciation of Pound Sterling and the reversal of impairment changes offset the effects of the disposal of hotels in Japan and the United Kingdom and depreciation charges recognized.

In terms of cash flow, the group saw a decrease of $32.70 million in cash and cash equivalents due to major cash inflows and outflows. This included proceeds from the disposal of property, plant, and equipment of $26.43 million and proceeds from the disposal of subsidiaries of $11.37 million.

However, the group also had cash outflows, which included a net repayment of loans from associated and joint venture companies of $24.45 million, additions to property, plant, and equipment of $40.36 million, and restricted cash pledge for a bank facility of $22.98 million.

Given the current uncertain economic outlook of Singapore and the uncertain geopolitical climate under the Trump administration, Heeton Holdings has stated that it will maintain a prudent and steady strategic expansion.

In the face of challenges such as high operating and labor costs, elevated interest rates, and an uncertain macroeconomic environment, Heeton Holdings plans to stay focused on being a bespoke boutique brand offering high-quality, experiential stays for its guests.

The company will also continue to participate in land tenders in the local residential market and has been part of a consortium for government housing schemes. Additionally, Heeton Holdings’ two retail malls are expected to continue generating steady and recurring income for its property investment business.

The group has declared a final dividend of 0.5 cents per share for the current financial period. As of February 20, shares in Heeton Holdings closed at 27 cents, down 0.5 cents or 1.818%.…

Singaporean entrepreneur and boutique property developer Que Neo, of Euro Properties, has a vision to create residential projects in areas where he himself would like to live. His latest undertaking, K Suites, is a 19-unit apartment complex along Lorong K Telok Kurau in the highly coveted District 15 of the East Coast. This project, developed by subsidiary company EG Properties, is expected to receive its temporary occupation permit (TOP) in the first quarter of 2025.

One of the most alluring aspects of K Suites is its prime location, providing easy access to the beach, East Coast Park, shopping centers, the Central Business District (CBD), and Changi Airport. “With the East Coast Parkway and Pan-Island Expressway, it takes only 10 minutes to reach the airport and downtown,” according to Neo.

The apartment complex is also conveniently located near public transportation and popular schools. It is less than 50m from the nearest bus stop, with just two stops to Marine Parade on the Thomson-East Coast Line (TEL) and Eunos on the East-West Line (EWL). Eunos is just one stop away from the Paya Lebar Interchange and five stops from the Bugis Interchange, making it easy to travel to different parts of Singapore. Marine Parade Station is only five stops from Marina Bay Interchange and six stops from Shenton Way in the CBD. The TEL also provides direct access to Orchard Road and Woodlands North, as well as the Rapid Transit System (RTS) Station connecting Singapore to Bukit Chagar Station in Johor Bahru.

Families with young children will appreciate the proximity of K Suites to popular schools, such as Tao Nan School, Haig Girls’ School, CHIJ (Katong) Primary, Dunman High School, Tanjong Katong Secondary School, and Tanjong Katong Girls’ School. Additionally, it is only two doors away from PCF Sparkletots @ Joo Chiat, a highly desirable preschool.

Designed by JGP Architecture, the apartment complex boasts a sleek and modern facade with its curtain wall system, allowing natural light in and unobstructed views of the surrounding neighborhood. The units have efficient and regular layouts, with ceiling heights of 3.5m to 4.5m, and the penthouses offering a ceiling height of 7m. “The apartments have been meticulously designed without bay windows or wasteful corridors, resulting in spacious and functional interiors,” says Neo.

K Suites feature high-end German fittings, including Miele kitchen appliances, Duravit sanitaryware, and Grohe bathroom fixtures. Residents can also enjoy various facilities, such as a swimming pool, Jacuzzi, barbecue pit, lounge area, gym, outdoor fitness area, and playground. The apartment complex has a grand arrival and drop-off area, and ample parking for 16 cars and two electric vehicle charging stations.

Since its preview in September 2022, the first phase of 10 units has been sold as of February 2023. The buyers are mainly Singaporeans, including professionals like doctors, lawyers, and corporate executives, according to Neo. The development features four three-bedroom units ranging from 797 to 872 sq ft, and 11 four-bedroom units ranging from 1,076 to 1,130 sq ft. The largest units at K Suites are the five-bedroom penthouses, with only one unit remaining for sale. These penthouses are popular among large families, with one sold to a family of four children, each having their own bedroom.

Most buyers are upgraders looking for a prime District 15 address in a freehold property. Other buyers include those downsizing from a house to an apartment, with a preference for units on the ground floor, offering a ceiling height of 4.5m and overlooking the landscaped garden and facilities.

According to Neo, “K Suites is currently the most affordable new freehold project in District 15.” With K Suites nearing its TOP and the positive market sentiment, Euro Properties is releasing the remaining units in the complex. Three-bedroom units are now priced from $2.058 million ($2,582 psf), four-bedroom units from $2.525 million ($2,347 psf), and the sole five-bedroom penthouse at $3.5 million ($2,154 psf).

District 15 has always been a preferred location for expatriate tenants, thanks to its lifestyle offerings such as the East Coast Park, beach, and a variety of dining and shopping options. Therefore, K Suites is expected to appeal to investors as well. Additionally, boutique developments have gained popularity since the pandemic, with some people opting for low-density and exclusive living. Huttons Data Analytics has found that prices of boutique condos in District 15 have appreciated by over 100% since their launch and monthly median rents have seen a 76.5% increase in the past five years. K Suites, with its prime location, efficient layout, and quality materials, presents an excellent investment opportunity in District 15.…

: URA Private housing rents to increase 10% in 2023, contract 5% in 2024: Huttons Lower foreigner buying demand, smaller supply of private homes lend support to prices

Although there was a slight rebound in private housing rents in the fourth quarter of 2024, increasing by 0.2% from the previous three months, landlords should be prepared for flat rental growth this year, according to a report by Savills Singapore.

The non-landed private residential market had a relatively poor performance in the first three quarters of 2024, leading to a decline of 1.7% for the whole year. This is the first time that such a decline has been recorded since 2020, when the leasing market saw a drop of 0.5% year-on-year.

In the fourth quarter of 2024, there were 19,733 leasing transactions, marking a decrease of 24.2% from the previous quarter. Savills attributes this decline to a decrease in new rental demand, as well as a seasonal lull in activity at the end of the year.

According to Savills, the majority of the drop in leasing activity in the fourth quarter can be attributed to a 30.8% decrease in rental contracts for landed homes across the island. The number of transactions for apartments and condos also saw a decline of 23.7% over the same period.

Despite the drop in leasing activity, there is still some growth in rental demand in the private residential market, according to George Tan, managing director of Livethere Residential at Savills Singapore. He adds that more affordable rents can be found in suburban areas, allowing tenants to prioritize factors such as larger units, close proximity to MRT stations, malls, and leisure activities.

In terms of rental price growth, only the Outside Central Region (OCR) saw a decline of 0.8% quarter-on-quarter in the fourth quarter. In contrast, rents in the Core Central Region (CCR) and Rest of Central Region (RCR) saw an increase of 0.9% and 0.3% respectively.

Based on a selection of luxury properties tracked by Savills, the average monthly rent for high-end condos increased by 1.7% quarter-on-quarter in the fourth quarter, to $5.85 per square foot per month. This suggests that the luxury rental market could see a slight rebound after five consecutive quarters of decline.

Looking ahead, landlords may face challenges in the rental market as companies continue to reduce their workforce and hire fewer expatriates, says Alan Cheong, executive director of research and consultancy at Savills Singapore. He also notes that property taxes for non-owner-occupied residential properties are set to increase, as well as upward pressure on conservancy charges due to inflation.

However, the relatively low supply of large luxury properties on the rental market may help to resist offers of “underpriced” rentals, says Cheong, adding: “Although rents for non-landed private residential properties have turned the corner in the third quarter of 2024 and continued to rise in the fourth quarter, we anticipate challenges in the rental market in 2025.”

According to Cheong, the adoption of AI technology could reduce manpower requirements for certain high-tech companies, leading to fewer white-collar professionals being hired. This could reduce the pool of expat tenants in Singapore, he says.

“The saving grace for the rental market is that there are fewer new completions of private homes expected in 2025,” he adds. “Higher property taxes for investment properties will also discourage landlords from accepting ‘low ball’ rental rates. Interest rates are also expected to take longer to fall, resulting in mortgage payments remaining at current levels for longer.”

Read also: GLS sites at Holland Plain and River Valley Green (Parcel C) open for application…

CBRE, the exclusive marketing agent, is currently offering two prime properties for sale in the bustling Clarke Quay area: the 27-room boutique Hotel Clover at 7 Hongkong Street and a commercial building at 36 Hongkong Street. These properties are being offered at attractive guide prices of $27 million and $22.6 million respectively.

Situated on a 1,701 sq ft plot, the six-storey Hotel Clover is zoned as a “hotel” with a plot ratio of 4.2 under the latest Master Plan. It boasts a remaining land tenure of approximately 89 years on its 99-year leasehold site. The hotel, which spans 7,142 sq ft, is being offered at a price of $3,780 psf on its floor area.

Similarly, the five-storey commercial building at 36 Hongkong Street sits on a 1,733 sq ft plot that is zoned as a “commercial” property with a plot ratio of 4.2 under the Master Plan. This 99-year leasehold site has a remaining land tenure of 93 years and a total floor area of 7,279 sq ft. The guide price for this property is $3,105 psf.

Both properties offer a more attractive remaining land tenure compared to other 99-year leasehold properties available for sale in the CBD area. They are also ideal for owner-occupiers looking for a flagship asset at a reasonable price with naming rights for their exclusive operations, according to Clemence Lee, executive director of capital markets at CBRE Singapore.

Since both properties are classified as hotel and commercial properties, foreigners and companies can purchase them without incurring Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD).

Located in the popular Clarke Quay precinct, which is known for its vibrant dining and nightlife scene, these properties are also in close proximity to the Clarke Quay MRT Station on the North-East Line. Several major developments, such as CQ@Clarke Quay and Canninghill Piers, are set to enhance the vibrancy of the area, making it a highly desirable location for businesses.

Lee also notes the potential for rental upsides and capital appreciation in the medium to long term for both properties. The sale for both assets will be conducted through an expression of interest exercise ending on March 26. Interested buyers can contact CBRE for more details.…

Discussions around the potential for new property cooling measures, the influx of housing supply from government land sale (GLS) sites and Build-To-Order (BTO) launches, and Budget 2025 announcements, were at the forefront of the Property Market Outlook event organised by EdgeProp Singapore on Sunday, Feb 16. A panel of three industry experts – Alan Cheong, executive director of research and consultancy at Savills Singapore; Wong Xian Yang, head of research, Singapore and Southeast Asia at Cushman & Wakefield; and Song Seng Wun, Singapore economic advisor at CGS International – provided insights and forecasts for the market, with EdgeProp Singapore CEO Bernard Tong serving as moderator.

The event, held at the sales gallery of Elta, a new 501-unit development by MCL Land and CSC Land Group, which launched for public preview on Feb 7.

In January, the government suggested that it was open to implementing further property cooling measures and that it was not yet time to roll back existing measures. Sales of new private residential units (excluding executive condos) reached 1,083 units in January – a 256% increase compared to the same period last year.

If new cooling measures are rolled out, it is likely that the government will implement a uniform intervention across the residential market, according to Cheong. The panel also discussed the possibility of measures targeting the HDB resale market.

According to Wong, the HDB resale market serves as the “floor” of Singapore’s housing market, and an increase in prices there could have an impact on the private housing segment. He speculated that the government could consider adjusting the seller’s stamp duty (SSD) and impose stricter loan restrictions.

Tong, however, noted that the government has plans to introduce a significant supply of homes through GLS and BTO launches to meet housing demand. The 1H2025 GLS programme comprises 10 sites on the Confirmed List, which could yield 5,000 new homes, and HDB plans to roll out 19,000 BTO flats in 2025.

Under the new BTO classification, newly launched Prime and Plus BTO flats will take around 14 years to enter the resale market, and their impact on prices will be felt much later, says Cheong. Wong added that the prices in the resale market tend to follow project completions and HDB estates hitting their minimum occupation period (MOP), rather than the pipeline of GLS sites up for tender each year. According to Wong, project completions have a more significant impact on prices, as opposed to GLS supply.

Nevertheless, all three panelists expect continued market enthusiasm for projects launching this year, following the successful launches of Elta, The Orie and Bagnall Haus, which recorded selling rates of 86% and 63% at launch respectively. According to Song, prospective buyers remain confident in their ability to make a profit when they eventually sell their property. He attributes this to a strengthening job market, which has instilled confidence in property owners to upgrade.

The panel also delved into Budget 2025 and its potential impact on the property market. According to Song, Singapore has experienced a robust economic recovery since the Covid-19 pandemic-induced recession. As Budget 2025 is an election year, he expects the government to offer more handouts funded by a surplus generated through healthy government revenue collections over the past three years.

The panelists also took questions from the participants. Some attendees queried whether the residential property market is currently in a “euphoric” phase. Cheong remarked that the heightened market sentiment is likely to subside as developers strategically time the launch of new projects. He added that several launch-ready projects are located in neighbourhoods that have not seen any new projects in several years. “If a particular location has not had a new launch in around five or six years, demand tends to build up over time,” he explained.

Investors also asked the panelists for their views on the rental market this year, which has slowed down since its peak two years ago. Cheong pointed out that the rental market saw an increase in transactions despite total expatriates in Singapore dipping in the past year. He surmised that falling rents could have encouraged renters to abandon flat-sharing in order to rent their own property. However, layoffs in the technology and finance sectors could potentially moderate rent price growth this year.

During the event, Tong, who also covered upcoming transformation plans in Clementi and Jurong East, presented a session of EdgeProp’s Master Plan Master Class. He highlighted that the completion of the second phase of the Cross Island Line (CRL) will add a new MRT station (West Coast) and connect the existing Clementi station to the CRL line. “Historically, MRT interchanges tend to have a positive impact on surrounding property prices,” Tong explained.

Transformation plans in Clementi include the redevelopment of Clementi Stadium and the installation of more than 6.6km of cycling paths throughout the area. Housing demand in Clementi is also expected to benefit from the progressive development of the Jurong Lake District and the creation of new jobs in the nearby Tuas megaport, Tuas Biomedical Park, Jurong Island, and Jurong Innovation District.

Data from EdgeProp Singapore reveals that the average age of existing condos in Clementi is about 17 years. Cheong noted that recent new projects in the area have recorded strong capital gains over the years, such as Clavon (24% increase in price since launch) and The Clement Canopy (43% price growth since launch) – both projects located next to Elta.

EdgeProp Singapore’s suite of property tools includes data and analytics on profitable transactions, HDB resale prices, and upcoming GLS sites, which could help owners, buyers, and sellers better understand market trends and prices.…

The first flagship co-working space of The Collective, the luxury brand under Singapore-based flexible workspace operator JustCo, has officially opened in Tokyo, as stated in a recent press release on February 19.

Located in the Marunouchi district within Tokyo’s Chiyoda City ward, the 24,000 sq ft co-working space is housed in GranTokyo South Tower, a 42-storey skyscraper. Its prime location is adjacent to Tokyo Station, providing convenient access to Narita and Haneda airports.

According to the group, The Collective is inspired by the elegance and warmth of a luxury voyage, paying homage to the iconic Tokyo Station. The space offers a variety of features, including a hot desk area, meeting rooms, private suites with 24/7 secured access, and larger enterprise suites with exclusive entrance options and customized workspace designs. Each workspace is equipped with comfortable Herman Miller Aeron chairs and adjustable Benel desks.

Members of The Collective can also enjoy amenities such as the TWG Tea Bar, which offers refreshments throughout the day, and a “wellness sanctuary” where they can take a break from work.

The opening of The Collective’s Tokyo location adds to its current portfolio of co-working spaces in major cities such as Singapore, Bangkok, Jakarta, Shanghai, and Sydney. With its focus on luxury and convenience, The Collective offers a unique workspace experience for its members.…

Lentor Central Residences, a new launch project located in Lentor Hills, will be showcased on February 21 and will officially go on sale on March 8.

This upcoming development, which will consist of a total of 477 residential units, is the sixth project to be launched in Lentor Hills. It is a joint development between Hong Leong Holdings, GuocoLand and CSC Land.

The development will comprise of two high-rise residential blocks: a 27-storey block and a 28-storey block. It will offer a range of units from one- to four-bedroom apartments, with sizes ranging from 463 sq ft to 1,399 sq ft.

Interested buyers can find out more information on available units and prices for Lentor Central Residences.

According to the developers, the starting price for one-bedroom units will be $975,000 ($2,110 psf), while two-bedroom units will be priced from $1.38 million ($2,050 psf). Three-bedrooms will start from $1.81 million ($1,984 psf) and four-bedroom units will start from $2.37 million ($2,000 psf).

Lentor Central Residences will also feature a wide range of luxurious amenities, such as a 50-metre Infinity Edge Pool, a 25-metre Lap Pool, and Leisure Pools, all set amidst beautifully landscaped decks. Other facilities include a gym, yoga room, tennis court, resident’s clubhouse, children’s playground, and a childcare centre within the residence.

Betsy Chng, head of sales and marketing at Hong Leong Holdings, emphasizes that the project’s strategic location near Lentor MRT Station and the upcoming Thomson-East Coast Line will make commuting to the city centre extremely convenient for residents. The development is also in close proximity to retail and dining options at Lentor Modern, Thomson Plaza, and eateries along Upper Thomson Road and in the nearby Springleaf estate.

Chng adds, “We believe that Lentor Hills is a rapidly growing neighbourhood and will soon become one of the most desirable districts for home-buyers in Singapore. Together with our partners, we are committed to offering premium homes at competitive prices, where units are priced based on liveable space.”

The sales gallery of Lentor Central Residences is located on Lentor Hills Road. Interested buyers can visit the gallery to check out the latest listings for Lentor Central Residences properties. For more information, they can also consult BuddyCondo, a website that provides information on condo sale transactions, rental listings, and price trends in District 26 where the development is situated.…

CT Pemimpin, a freehold B1 industrial factory located at 43 Jalan Pemimpin in the Central Region, is the newest development launched by Chiu Teng Group. With a reputation for developing quality commercial and industrial spaces in Singapore, Chiu Teng Group has already established a niche in this market. Located in the prime District 20, CT Pemimpin offers excellent accessibility, making it a highly sought-after location for both businesses and investors. The development boasts sustainable features and a range of communal facilities, including two rooftop pavilions, rooftop solar panels, two passenger lifts, and a service lift. With 56 strata-titled units and three canteen units, the development caters to businesses of different sizes. The units also come with individual toilets for the convenience and privacy of the occupants. In terms of parking, CT Pemimpin offers a one-to-one carpark ratio, with 59 carpark lots, including two EV lots. It also provides loading and unloading bays and a lorry park for vehicles of less than 7.5m. The CEO of ERA Singapore, Marcus Chu, believes that CT Pemimpin will attract both investors and end-users due to its unique features. As industrial properties are not subject to Additional Buyer’s Stamp Duty (ABSD), investors will find this development an attractive investment option. The freehold status of the development is also a significant advantage, as most industrial properties in the market come with a 30-year or 60-year lease. This aspect makes it a valuable asset for companies in the information and communications media industry and family offices that prefer long-term investments. Moreover, the development’s location between Marymount and Bishan MRT stations provides unparalleled connectivity, making it easily accessible from different parts of Singapore. The completion of the North-South Corridor in 2027 will further reduce travel time from the north into the city. Additionally, the development is situated near popular shopping and dining spots such as Junction 8, AMK Hub, and NEX, as well as prestigious schools like Raffles Institution and Eunoia Junior College. With a solid track record in developing industrial and commercial spaces, Chiu Teng Group has built a strong reputation in the property market since its establishment in 1999. Other successful projects by the group include CT FoodNEX, CT Foodchain, Tagore8, CT Hub, and CT Hub 2. The preview for CT Pemimpin starts on February 21, 2025. Don’t miss out on the opportunity to secure a rare freehold industrial space. Contact 8100 8017 or visit Chiu Teng Group to schedule a viewing today.…

SRI has recently entered into a memorandum of understanding (MOU) with Redbrick Mortgage Advisory in order to enhance the skill set of its salespersons.

Through this collaboration, agents of SRI will undergo comprehensive training on advanced mortgage strategies; this will enable them to provide better guidance to homebuyers on financing options.

“We are delighted to partner with SRI to empower its salespersons to become trusted advisors, capable of presenting tailored financing solutions to their clients,” says Eugene Huang, CEO of Redbrick.

In addition to training, Redbrick will also provide SRI agents with timely and accurate information on mortgage rates offered by over 15 financial institutions. This information will be constantly updated to reflect changes in the market.

“The partnership with Redbrick will enable our salespersons to quickly and efficiently share up-to-date financing options with their clients,” says Thomas Tan, CEO of SRI.

This collaboration will not only benefit SRI agents but also their clients, as they will receive expert advice and access to real-time mortgage data, enabling them to make well-informed decisions.…