Prestige Outlets Condo

Conveniently Located Near Lush Parks, Green Spaces & Other Amenities: The Project

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by prestigeoutlets August 30, 2023

Tengah Plantation EC is an upcoming executive condominium located in the upcoming Tengah Town – the first “forest town” in Singapore. The project is surrounded by lush greenery and offers endless possibilities of living and lifestyle. It offers accessibility to lush parks, green spaces, and other amenities. It is a perfect place for families to reside and enjoy a holistic environment and experience an elevated lifestyle. It has an excellent range of facilities and amenities to cater to any families’ needs. This project is set to be an iconic landmark in the area and provide residents with a great living experience.

Tengah Plantation Close EC is a freshly launched executive condominium situated conveniently in the heart of Tengah, Singapore. This condominium stands out from other residential buildings in the neighbourhood due to its array of advanced and smart living features. These include a digital gate for secure entry, energy-saving appliances, …

Tengah Town’s Highly Anticipated Close EC property by Singapore Government and Oxley Holdings Launched Marking a Major Milestone in Property Market!

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by prestigeoutlets August 30, 2023

The Tengah Plantation Close EC project consists of over 2,000 executive condominium units, housing both private and public housing. It will also include retail and recreational facilities, making it an ideal location for both homebuyers and investors alike. The project is expected to transform Tengah Town into a vibrant residential hub with plenty of transport options to accommodate commuters to the nearby workplace.

The project is expected to create an idyllic community where residents can enjoy the tranquillity of nature and the convenience of modern living. With its close proximity to both Changi airport and the Central Business District, the Tengah Plantation Close EC project should be a great investment opportunity for anyone looking to purchase a property in Singapore.

The highly anticipated Tengah Plantation Close EC project has been launched at Tengah Town, marking a significant milestone in Singapore’s property market. This joint venture between the Singapore Government and …

Experience Luxury Shopping at ION Orchard – Home to Louis Vuitton, Prada, Dior & More at Orchard Boulevard Condo GLS!

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by prestigeoutlets August 17, 2023

With the mall’s top-notch activities, diners can revel in Michelin-starred restaurants, cake cafes, and even ice cream parlors. Along with its upscale shopping and dining experience, this Orchard Boulevard Condo Tender GLS is also ideal for nature-lovers who can explore the nearby Bishan-Ang Mo Kio Park, Mount Faber Park, and Fort Canning Park. ION Orchard also works closely with the Singapore Tourism Board, providing the locals and tourists with exciting events and activities on the mall premises. So, when it comes to shopping, entertainment, and dining, hold nothing back and enjoy a unique experience at ION Orchard.

ION Orchard, a futuristic architectural wonder, is home to over 300 retail, F&B, and entertainment outlets. Here, the Orchard Boulevard Condo Tender GLS occupants can shop a wide selection of lavish brands such as Louis Vuitton, Prada, and Dior as well as renowned high-street labels like Zara and Uniqlo.

The shopping malls near …

Eating Out of Comfort: Comprehensive Cuisine Options for Tampines Ave 11 Condo Residents

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by prestigeoutlets July 20, 2023

The Tampines Ave 11 Condo UOL Group development adds to the appeal of the area’s food culture with its convenient location. Whether you are in the mood for traditional dishes or global cuisine, you can find it near the condo. Residents can enjoy a variety of dishes from the majority of local and international cuisines on offer. Furthermore, the condo is close to restaurants, cafes, and bars, making it a wonderful place to socialise or catch up with friends. With plenty of food choices ranging from inexpensive hawker meals to fine dining options, the Tampines Ave 11 Condo UOL Group is a great place to live.

Tampines Ave 11 Condo offers its residents a comprehensive assortment of culinary options. From classic hawker delights to exotic international fare, there is something to suit all tastes and preferences. No matter if you want to relish in a refined dining experience or seek …

CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price

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by prestigeoutlets April 21, 2023

CLAR manager has decided to divest the KA Place property in Singapore at a 219% premium to its purchase price of $11.1 million in 2005. For a consideration of $35.38 million, HSBC Institutional Trust Services (Singapore) has entered into a sale and purchase agreement with KA Place SPV 1.The seven-storey high-specification industrial building offers 10,163 sq m in total gross floor area and a remaining land lease tenure of approximately 35 years. According to the manager, the divestment is in line with the REIT’s active asset management policy and is meant to improve its portfolio and optimise returns for unitholders.

If the divestment is completed on Jan 1, 2022, the pro-forma impact on the REIT’s net property income and distribution per unit would be a reduction of $0.92 million and 0.005 Singapore cents respectively. The net proceeds are estimated to be $30.65 million, which could be used to fund committed …

Ascott targets to double fee revenue to over $500 mil in next five years

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by prestigeoutlets April 21, 2023

The Ascott Limited, the lodging business unit of CapitaLand Investment, has set an ambitious target to double its fee revenue to over $500 million from its FY2022 base of $258 million in the next five years. This is its highest recorded earnings yet, bolstered by 36% year-on-year growth in FY 2022, a result of record-breaking property openings and signings.

The company has achieved its goal of securing 160,000 units by 2023. In 1QFY 2023, it signed up to 4,000 additional ones.

Ascott will continue to expand its portfolio offerings, ranging from serviced residence, hotel, co-living as well as senior living brand and positioning, while aiming for an annual net room growth rate of 8%-10% within the next five years. These plans, coupled with the company’s asset-light strategy, will lead to strengthening fee growth and drive the company to the fore.

According to Kevin Goh, CEO of CLI Lodging and Ascott, …

URA Master Plan Benefits Altura EC Bukit Batok Residents As More Live Work and Play Lifestyle

Mortgage

by prestigeoutlets April 13, 2023

The URA Master Plan seeks to further drive economic progress in Singapore through the development of business hubs and industrial parks. By transforming the Altura EC Bukit Batok region, new businesses and industries can be attracted, generating employment opportunities for Bukit Batok inhabitants. This would help promote a balanced live-work-play lifestyle as well as reduce the requirement for distant commutes to places of work. It will also help to facilitate smoother and more efficient movement of goods and services.

The URA Master Plan emphasises the significance of strengthening interconnectivity within and across various neighbourhoods, and Altura EC may benefit from this with the construction of new roads, provision of enhanced public transportation amenities, and improved pedestrian and cycling access. With such developments, residents of Altura EC will be able to enjoy greater ease of movement within the local area and travel to other parts of Singapore more readily. In addition, …

A Review of Qingjian Realty Real Estate Developer

Property News

by prestigeoutlets April 13, 2023

Qingjian Realty is a real estate developer based in Singapore that specializes in building quality homes. They have been in the business for more than 10 years and have developed some of the most iconic residential and commercial projects in the country. From luxurious condominiums to affordable housing projects, Qingjian Realty has continually pushed the boundaries of excellence in real estate development.

The company has a strong commitment to quality, sustainability, and innovation. All of their projects are designed to meet the highest standards of quality and safety, while also being environmentally friendly. They strive to use green materials in their projects and are always looking for ways to improve energy efficiency. Qingjian Realty also makes sure that their projects are designed to fit seamlessly into the existing urban landscape, while also creating a unique identity for each project.

Qingjian Realty has had a long and successful history of turning …

Why are ECs in Bukit Batok and Tengah Getting Popular Compared to ECs in the East

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by prestigeoutlets April 13, 2023

Recent years have seen a surge in the popularity of Executive Condominiums (ECs) in the western parts of Singapore, particularly in Bukit Batok and Tengah. There are multiple reasons behind why these ECs are becoming increasingly popular compared to ECs in the East, such as the proximity to the city, an abundance of amenities, family-friendly neighbourhoods and attractive pricing.

Bukit Batok and Tengah are both located close to the city, offering residents the convenience of being able to commute to the Central Business District and other areas in the city in a short amount of time. The MRT networks in the area are well-connected, allowing for easy travel to and from the city. Additionally, there are plenty of amenities and activities in the vicinity, such as shopping malls, cinemas, sports centres, and more. This makes it a great option for families who are looking for a convenient and comfortable …

Delving into the Benefits and Advantages of Living near the Bukit Panjang Integrated Transport Hub

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by prestigeoutlets April 13, 2023

The Bukit Panjang Integrated Transport Hub (BPITH) is a recent addition to the public transportation network in Singapore. It is a major interchange station that connects the Bukit Panjang Light Rail Transit (LRT), Downtown Line (DTL), and North-South Line (NSL). This transport hub connects the Bukit Panjang and Choa Chu Kang areas to the rest of Singapore, providing residents and commuters with an efficient and convenient mode of transportation.

Living near the BPITH has numerous benefits and advantages. For starters, it provides easy and convenient access to other parts of Singapore. Commuting by public transport is now more comfortable and stress-free, as the hub ensures that there is always a direct connection to other parts of the city. This makes it easier for residents to move around, as they do not have to transfer from one train line to another, or wait long hours for a bus. Furthermore, the BPITH …