Condo ETR Bar

A two-storey freehold shophouse located at 221 Rangoon Road has been made available for sale through an expression of interest (EOI) exercise by real estate company, EDGEPROP. With a land area of approximately 2,145 sq ft and a total built-up area of 3,347 sq ft, this property is zoned for residential use under the 2019 Master Plan and has a gross plot ratio of 3.0. It has a guide price of $8.88 million, equivalent to $2,653 per sq ft on the built-up area.

According to Sammi Lim, founder and executive director of Brilliance Capital, the exclusive marketing agent for this property, the ground floor has been approved for F&B use and is currently tenanted to a restaurant, while the upper floor is leased out for residential purposes. This presents a lucrative opportunity for potential investors as they will receive immediate rental income. Lim further adds that this shophouse is expected …

on July 22Botanic Gardens View is a highly sought-after residential development in prime District 10. It is well-known for its prime location and lush greenery, as it is situated just across the iconic Singapore Botanic Gardens. Thus, it is no surprise that a recent resale transaction at the development has set a new record for being the most profitable ever recorded. The transaction, which took place during the week of September 3 to September 10, saw the sale of a three-bedroom unit on the sixth floor of the 1970-built freehold condo for $4.13 million ($2,353 psf) on September 9. According to records, the seller had purchased the 1,755 sq ft unit in July 1998 for about $862,000 ($491 psf). This means that the seller made a whopping gain of $3.27 million, reflecting an impressive capital gain of 379%, after holding the property for approximately 26 years.This transaction has surpassed the …