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Periodically Review Condo Rental Rates To Ensure You Stay Competitive – Tap Into Online Platforms & Local Professionals

Estimated read time 16 min read

Periodically assessing your Rent Out My Condo rates is essential to stay competitive. Many online rental platforms offer data regarding the prevailing market rental rates for many types of condos. Moreover, local real estate agents and property management companies possess expertise that can provide valuable information.

Periodically reviewing your rental rates, especially when renewing leases, can help ensure you remain competitive by tapping into the wealth of information available on online rental platforms about going rates for condos similar to yours. Additionally, local real estate agents and property management companies can provide insights based on their expertise and experience in the field.

Background checks are well worth the small price they generally cost. Furthermore, interviews, whether conducted in person or virtually, can provide a great deal of valuable information. Through an interview, you can understand more about a tenant’s situation and easily address any doubts or worries they may have.…

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Lorong 1 Toa Payoh Condominium – An Unparalleled Living Experience In A Unique & Vibrant Toa Payoh Neighbourhood

Estimated read time 18 min read

Toa Payoh Condo offers a luxurious living Rent Out Condo experience at its finest. Residents can choose from spacious 4-room, 5-room, and even duplex flats to complement their lifestyle. Despite its modernisation, the condo still preserves its old-world charm and traditional architecture. something which many find highly desirable. The contemporary atmosphere and contemporary interior lend a modern feel, while still keeping elements of design which remain reminiscent of its traditional roots. Thus, living in Toa Payoh Condo offers the best of both worlds.

The charm and energy of Toa Payoh neighbourhood make Lorong 1 Toa Payoh Condominium a truly unique living experience. Residents appreciate more than its lavish condos, but also the modern conveniences, cultural heritage, and active community life. The vibrant food scene, fabulous shopping malls, and the alluring appeal of a historic estate merge to create a lifestyle which both celebrates city living and embraces the cultural past. …

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Takashimaya Shopping Centre at Ngee Ann City: An Ultimate Shopping Experience Just Minutes Away from Orchard Boulevard Condo

Estimated read time 16 min read

Join the crowds of shoppers from Singapore and Asia and get in on the action. Enjoy the convenience of shopping over five levels surrounding a centre atrium filled with natural light. Get your dose of Japanese fashion and food, as well as the latest and greatest from international names including Gucci, Prada and Valentino. With convenient access to the Orchard MRT station, Orchard Boulevard Condo puts you in the centre of hip and happening enterprises that surround this renowned location.

Takashimaya Shopping Centre in Ngee Ann City is a retail haven just steps away from Orchard Boulevard Condo. Setting the shopping bar high, the mall features the Japanese department store Takashimaya, as well as a multitude of dining options, fashionable stores, home furnishings and a mammoth Kinokuniya bookstore.

In order to invigorate the retail environment of Orchard Road, the URA plans to inspire retail innovation. This will involve motivating …

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Comparing Standalone Condos to Mixed-Use Developments Like Tampines Avenue 11 Condo Tampines North Understanding the Difference in Amenities

Estimated read time 19 min read

Tampines Ave 11 Condo Capitaland, however, is an exception. This development includes plenty of amenities such as a multi-level carpark, swimming pool, and a jogging track. There is also a convenient public transport system, which makes it easy to get around the city. The building also contains a shopping mall, community club, and educational facilities, making it the perfect place for families and young professionals.

Standalone condos typically come with fewer amenities compared to mixed-use developments. Though they may include features like pools, gyms, and barbecue areas, they are usually lacking in the commercial spaces, community clubs, and public transport facilities found in mixed-use developments.

The best part of this dynamic shopping landscape is the nearby Jewel Changi Airport. With just a short drive away, Jewel is a luxurious destination that offers a great combination of nature, shopping, and dining. Featuring more than 280 stores and restaurants, Jewel’s facilities …

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

The manager of CapitaLand Ascendas REIT (CLAR) has announced the divestment of Singapore industrial building KA Place for a consideration of $35.38 million. According to an April 20 filing, the REIT’s trustee, HSBC Institutional Trust Services (Singapore), has entered into a sale and purchase agreement to sell KA Place to KA Place SPV 1.

This consideration sum represents a 219% premium to the REIT’s purchase price of $11.1 million, back in March 2005. Moreover, it was a 55% premium to the property’s market valuation of $22.8 million as at December 31, 2022.

KA Place is a seven-storey high-specification industrial building located on 159 Kampong Ampat. It also boast of a carpark on the second storey, with a total gross floor area of 10,163sq m. KA Place also has a remaining land lease tenure of about 35 years.

The decision to divest KA Place was made in line with the manager’s …

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

The Ascott Limited, the lodging business unit of Luminar Grand CapitaLand Investment’s (CLI), has achieved its target of 160,000 units and is now looking to double its fee revenue to over $500 million in the Marina Gardens Condo next five years. Ascott has recorded its highest earnings on record of $258 million in FY2022, a 36% y-o-y growth due to its record signings and property openings.

In an announcement, Ascott stated it plans to keep expanding its product offerings that include serviced residence, hotel, co-living, and senior living brands, positioned from mid to luxury scale. The aim is to drive fee revenue growth through new property openings and new signings with an estimated annual net room growth rate of 8%-10% in the next five years.

Kevin Goh, CEO of Ascott and CLI Lodging, proudly said that Ascott was able to double its units every five years from about 20,000 units …