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Sandeep Sethi has been appointed as the division president of work dynamics in Asia Pacific by JLL. Possessing 27 years of experience in the corporate sector, Sandeep was chosen for the role due to his understanding of the dynamic nature of commercial real estate and the capacity to forge deep client relationships. He has previously served as the managing director and head of work dynamics for West Asia.

In this new position, Sandeep will manage services delivered to clients in North Asia, along with overseeing JLL’s share in mainland China and Hong Kong. He will be additionally responsible for the full real estate life Lumina Grand EC cycle for occupiers, including integrated facilities management, construction management services, sustainability and workplace consulting, workplace experience and lease transaction management.

Reporting directly to Susheel Koul, JLL’s CEO for work dynamics in Asia Pacific, the role further entrenches Sethi’s accomplishments in the ten years …

. Singapore’s real estate investment sales got off to a slow start in 2023, let down by the country recording just $4.2 billion of investment sales during the first quarter. This was a marked decrease of 61% compared to the same period in 2022.

The residential market had its own share of challenges, with only $1.6 billion of deals made during the first three months of the year. However, the sale of Holland Tower is the first successful residential en bloc transaction in the Core Central Region since property cooling measures were imposed in December 2021. This suggests that there is a developing interest for prime locations for development sites, as the nation waits for signs of recovery from the pandemic.

Frasers Centrepoint Trust and Frasers Property paid $652.5 million for a 50% stake in Nex, one of the notable transactions that took place in the commercial sector. The industrial …

This incredible plot of land located at 1 Benoi Road in Singapore’s Jurong Industrial Estate, is now up for sale and is going for a guide price of $11.3 million. With a site area of over 500,000 sq ft, the plot of land has plenty of waterfront access and is situated near housing estates such as Jurong East, Jurong West, Bukit Batok, and Boon Lay Gardens.

The property includes a two-storey office block with a single-storey annexe office, three blocks of single-storey workshop, a mould loft building, a fabrication workshop and wharf, making it ideal for shipbuilding, ship repair and maintenance. Additionally, Access to other parts of the island is facilitated by the nearby Ayer Rajah Expressway and Pan-Island Expressway, while Marina Gardens Condo Joo Koon MRT Station is only a 5-minute drive away.

In terms of size and shape, the land plot has a regular shape with a corner …

GuocoLand and Intrepid Investment (a subsidiary of Hong Leong Group) have emerged as the sole bidder for the 99-year leasehold government land sale (GLS) site at Lentor Gardens, submitting a bid of $486.8 million which translates to a land rate of $985 psf per plot ratio (psf ppr). In doing so, they have set a new low for land parcels in the Lentor precinct.

The joint venture partners have revealed that their planned development for the site will be a new high-end residential project featuring around 533 units and 600 sqm of childcare facilities. They intend for the project to complement their two other upcoming developments in the Lentor Hills estate and add to the area’s reputation as a premium residential area.

Mark Yip, CEO of Huttons Asia, notes that this is the first GLS tender to see only one bid since the Silat Avenue GLS site in 2018, which …

Staying near to Bukit Panjang Integrated Transport Hub (BPITH) has its advantages. It is a great way to save time and money. BPITH is a multi-modal transportation hub located in Bukit Panjang, Singapore. It serves as the main access point to the Bukit Panjang LRT system, and it provides easy access to other forms of public transport such as the MRT, bus, and taxi.

The first advantage of staying close to BPITH is the convenience. Residents of Bukit Panjang can easily access the different transportation options available at the hub. The Bukit Panjang LRT system is well-connected to the rest of Singapore, and the MRT stations are located close by. This makes it easy to travel to other parts of the city quickly and conveniently. In addition, there are a number of bus stops and taxi stands near the hub, making it easy to get around.

The second advantage of …

Bukit Panjang is a mature residential estate located in the Western part of Singapore which has become a hotspot for property investors seeking lucrative investment opportunities. The area was first developed in the late 1990s and has since grown into a sought after destination for property investors. This is because of the potential for high-yields, as well as its proximity to the city centre and major transport links.

The area is surrounded by lush parks and is home to a variety of shops, restaurants, and amenities. This makes it highly desirable for both residents and investors alike. The residential properties in the area offer excellent value for money and are built to a high standard. In addition, the area is well connected via major expressways and the Bukit Panjang Light Rail Transit system.

The area is also becoming increasingly sought after by investors due to its potential for capital appreciation. …

As a real estate developer, exploring city developments is a great way to find new projects and expand your portfolio. City developments are the latest trend in urban areas, with projects that focus on enhancing the quality of life for residents, businesses, and visitors. City developers have the expertise and resources to create vibrant, livable cities that are attractive to businesses and investors.

When exploring city developments, it’s important to review the projects carefully. Look for projects that are well-designed and meet the needs of the community. Consider the project’s impact on the surrounding environment and infrastructure, as well as the potential for economic growth. It’s also important to review the developer’s track record. Look for projects that have been successful and have been completed on time and on budget.

In addition to researching the developer, it’s also important to understand the local market. Research the local economy and demographics …

Bukit Timah is a popular residential area in Singapore known for its proximity to some of the city’s best educational institutions and its array of family-friendly amenities. It’s no surprise that Bukit Timah condos are in high demand among families with school-aged children.

The educational institutions located in and around Bukit Timah are a major draw for families. The area is home to some of the most renowned schools in the region, including the Singapore Chinese Girls’ School, the National Junior College, and Raffles Institution. These schools offer a quality education and provide students with access to a wide range of resources. Furthermore, the area is also close to the Singapore Institute of Technology, the National University of Singapore, and the Nanyang Technological University.

The proximity to these educational institutions makes the area especially attractive to families with school-aged children. Families can easily access these educational institutions and provide their …

Region

In Singapore’s west region, there are several upcoming projects that are expected to contribute to the vibrancy of the area. These projects range from educational and retail establishments to public housing projects and transport links.

One of the most exciting projects is the Jurong Lake District, which will be developed into a major business and leisure hub. This area will be home to a new train line, a shopping mall, the Jurong Lake Gardens and a new high-tech business park. All these developments are expected to create an estimated 35,000 jobs and attract investments from MNCs.

The Jurong Innovation District is another major project that is set to transform the west region. This district will focus on developing advanced industries and will become a major driver for the region’s economic growth. This district will also be home to research institutes, incubators and start-ups.

In addition, Jurong West is also …