SINGAPORE: An industrial warehouse and factory, situated in Gul Circle, with advanced facilities is available for purchase through an expression of interest. The property, marketed exclusively by Knight Frank Singapore, is being offered with a guide price of $42 million.The property, spanning five storeys, is a single-user space which has been leased from JTC and comes with a mezzanine and four floors. The total gross floor area of the property is 245,955 square feet and the site it sits on is 105,648 square feet. As of February 1, the remaining tenure of the property is 15 years and 11 months. It is listed as a Business 2 site under the URA Master Plan 2019.Knight Frank Singapore has stated that the property was designed to meet modern industrial needs, with amenities such as high ceilings for storage and operations, cold rooms and a strong floor loading capacity suitable for a wide range of industries. Other features include nine 40-footer loading and unloading bays with dock levelers, as well as four cargo and service elevators.The location of the property offers easy access to major expressways such as the Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE), as well as the Joo Koon MRT station. This makes it a convenient location for businesses.According to Knight Frank Singapore, the expression of interest exercise for the property will close on March 18 at 3pm.
Investing in real estate in Singapore has become increasingly popular among both local and foreign investors. This is due to the country’s thriving economy, stable political climate, and exceptional standard of living. Among the various real estate options in Singapore, condos have emerged as a top choice for their convenience, amenities, and potential for profitable returns. With the continuous launch of new condos, the market is ripe with opportunities for investors. In this article, we will explore the benefits, considerations, and necessary steps involved in investing in a condo in Singapore, with a focus on new condo launches such as New Condo Launches.
Condos have become a preferred investment option due to their prime locations and convenient facilities. Most condos in Singapore are strategically situated near essential amenities such as shopping centers, schools, and transportation hubs, making them highly desirable for both buyers and renters. Additionally, condos often come equipped with various facilities such as swimming pools, gyms, and security services, providing a luxurious lifestyle for residents.
Moreover, investing in a condo in Singapore presents the potential for lucrative returns. With the country’s robust economy and growing population, the demand for housing is constantly increasing. As a result, condos have a high resale value, ensuring a profitable investment in the long run. Furthermore, condos in Singapore can also generate passive income through rental yields, making them an attractive option for investors.
However, before investing in a condo, there are several factors to consider. Firstly, one must set a budget and determine the financing options available. It is crucial to thoroughly research the various financing options, interest rates, and eligibility requirements to make an informed decision. Additionally, carefully selecting the location of the condo is vital, as it plays a significant role in determining its value and rental potential. One must also consider maintenance fees and any additional costs associated with owning a condo.
To invest in a condo in Singapore, there are a few necessary steps to follow. Firstly, it is crucial to engage a reputable real estate agent who has in-depth knowledge and experience in the market, such as New Condo Launches. The agent can assist in identifying suitable properties and negotiating the best deals. Secondly, it is essential to conduct thorough due diligence and inspect the condo before making a purchase. Finally, it is crucial to engage a lawyer to handle the legal aspects of the transaction and ensure a smooth transfer of ownership.
In conclusion, investing in a condo in Singapore offers numerous advantages, including convenience, potential for profitable returns, and a luxurious lifestyle. With the continuous launch of new condos, the market presents a range of opportunities for investors. However, it is essential to carefully consider various factors and follow the necessary steps to make an informed and successful investment in a condo, such as New Condo Launches.