13 top rental-yielding condominiums near grade A office hubs asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
It has been an intriguing first few months of 2021 so far.
From the introduction of the massive Normanton Park , to the uniquely positioned The Reef at King’s Dock – you could say that home buyers have had quite a good spread to choose from so far (adding on to the already flourishing list of new launches).
Now just a week after, Irwell Hill Residences makes its introduction.
What I find really interesting here is the juxtaposition between the two recent launches.
Midtown Modern had a focus on bringing a liveability perspective to the dense and crowded Bugis precinct, with its efficient unit layouts and blanket of greenery. And by and large, I would say they have succeeded on that front.
The New Paper
Work on four Jurong Region Line MRT stations to start this quarter
An artist s impression of Nanyang Gateway MRT station (JW3) on the Jurong Region Line. PHOTO: LAND TRANSPORT AUTHORITY
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Construction of four more Jurong Region Line (JRL) MRT stations that will serve Nanyang Technological University (NTU) and the JTC Corporation industrial area is set to begin this quarter.
The Land Transport Authority (LTA) awarded two civil contracts valued at $263 million each for this yesterday.
The contracts are for the design and construction of the four stations and associated viaducts.
This is part of the JRL s third phase, which is expected to be completed in 2029.
The current average rental rate in 2021 so far is $3.82 psf for condos.
For landed properties, the average rental rate was $2.77 psf in 2020. We did not take 2021 into account because it has only had 1 rental transaction so far in the area.
For landlords, the drop in rental makes for grim reading – but for tenants looking to upgrade to a bigger space this could be a good opportunity to do so.
Developments closest to Holland Village MRT station:
Willyn Ville (60 metres) – $3.51 psf
Warner Court (60 metres) – $3.22 psf
Loft @ Holland (170 metres) – $6.54 psf
The Merasaga (230 metres) – $4.14 psf
Main mall(s):
A brief rundown of the area:
LTA awards $356 million contract for Cross Island Line tunnel works straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.