S$81 million was the final price, 16% over the asking price, for the freehold industrial site on Playfair Road

JaneNovember 27, 2023

S$81.18 million was paid for a freehold property The Continuum Condo at 50 Playfair Road in the Tai Seng Industrial Estate.

This is roughly 16 percent over the estimated price of The Continuum when the site was put up for collective sale in mid-October 2023.

According to the site’s only marketing agency, Edmund Tie & Company, this equates to a land charge of The Continuum Balance Unit Chart per square foot per plot ratio.

No offer came in below the asking price. The government entity did not reveal how many proposals were submitted.

According to Swee, the total sales profits for each unit are estimated to be between S$1.65 million and S$6.22 million.

The property has a site size of around 2,489 square metres, is located between Playfair Road and Harper Road, and is within walking distance of the Tai Seng MRT station.

The land is designated “Business 1 – White” with a plot ratio of 3.5 per the 2019 Master Plan of the Urban Redevelopment Authority.

stock exchanged in Singapore The percentage of ownership held by Noel Gifts International is 543% (10 units). The corporate gift retailer said in September that its 10 outstanding units have a net asset value of S$14.7 million as of the end of June 2023.

In the fiscal year ending in June of 2023, Noel Gifts recorded net rental proceeds of S$358,000 from the units.

With Thursday’s (November 23) closing price of S$0.20 per share, Noel Gifts has a market value of S$20 million.

Singapore has opened the first luxury bus-turned-hotel in Southeast Asia; have a peek around

JaneNovember 27, 2023

One dollar can get you around on a bus in Singapore, but sleeping overnight would set you back $398.

Repurposing retired city buses into high-end hotel rooms like The Florence Residences, The Bus Collective is the first of its kind in Southeast Asia.

Twenty buses formerly held by SBS Transit, Singapore’s public transport provider, were refurbished for use in the hospitality industry as part of the initiatives like Florence Residences site plan.

The website for this resort hotel is already accepting reservations in anticipation of its December 1 grand opening.

The Bus Collective is situated on an area of 8,600 square metres in Changi Village, Singapore.

The Changi Village Hawker Centre, the Changi East Boardwalk, and the Changi Chapel & Museum are all easily accessible from the property.

The resort hotel offers seven different accommodation types, each with its own set of perks. Some rooms have a bathtub and king-sized bed for an additional SG$398 ($296) per night.

The spokeswoman said that the resort hotel does not provide any on-site recreational activities, but that visitors may book guided excursions led by The Bus Collective via the hotel’s experience centre.

Biking around Pulau Ubin, a small island off the coast of Singapore, is one of the trips on offer. The SG$99 per person price tag for this excursion covers your round-trip ferry fare to and from the island. You may also go sailing at the Changi Sailing Club or on a guided food tour.

Micker Sia, managing director of WTS Travel, told CNBC that the company and its partners intended to demonstrate how tourism, nature, and ecology can work together to be a “catalyst for creating unique and exciting new experiences.”

He went on to say that the project will “set a new standard for sustainable luxury” and “establish a precedent for eco-conscious practises in construction and hospitality.”

Sia told CNBC that the future of The Bus Collective included expansion outside Singapore. Future expansion and new ideas are something we are really interested in investigating, so count on us to remain flexible. We think it might be a hit in other parts of the Asia-Pacific area, and Sia has expressed this belief.

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Normanton Park

JaneOctober 21, 2020October 23, 2020

# 1 online-to-offline mobile system

Order will incorporate Uber’s ridesharing and food delivery company in the region into Grab‘s existing multi-modal transport as well as fintech platform. With the mixed company, Grab will drive towards coming to be the # 1 online-to-offline (O2O) mobile system in Southeast Asia as well as a significant player in food distribution.

Grab offers the basic services Southeast Asia consumers care one of the most about: risk-free and also cost effective transport, food as well as plan distribution, mobile repayments as well as monetary services.

Order will expand its leadership as the most cost efficient Southeast Asian platform, as it takes control of Uber’s procedures and properties in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and also Vietnam. As part of the purchase, Uber will certainly take a 27.5% stake in Grab and also Uber CEO Dara Khosrowshahi will certainly sign up with Grab’s board.

Biggest Merger in SEA

Order is among the most regularly used O2O mobile systems in Southeast Asia. Over 5 million individuals utilize the consolidated platform daily. Today, the Grab application has been downloaded and install onto over 90 million mobile devices, offering passengers access to over 5 million drivers and representatives, the region’s largest land transportation fleet as well as representative network. Grab remains in 195 cities in eight Southeast Asian nations, and uses the largest variety of on-demand transport services consisting of private vehicles, motorcycles, taxis, and also carpooling services, in addition to food and also bundle distribution services. Order Financial increases access to cashless services for numerous Grab clients across Southeast Asia, as well as links the underserved as well as unbanked populace to financial solutions.

Normanton Park location situated within Kent Ridge Park, The west border of Normanton Park is the Science Park. Normanton Park Condo is established to be the next off biggest development in the much looked for after District 05 of Singapore.

The new Normanton Park is within closeness to study, technology and business collections such as Science Park, one-north, Alexandra Business Corridor. Excellent schools like Anglo Chinese School (Independent), National University of Singapore, Singapore Institute of Technology, United World College and also Fairfield Methodist School.

Upcoming New Quality Homes

Kingsford Development is the designer for the brand-new launch of Normanton Park condo. They endeavor to uphold our core values in remaining encouraged by building top quality as well as trustworthy projects so as to end up being a favorable power for high quality. High quality, reliability as well as functional living has actually been the focus of Kingsford Development. Sighting their previous growths, it is evident that useful space accommodating purchasers from all walks of life as well as household nucleus. Normanton Park Condo floor plans need to include 1 bed room, 2 bedroom, 3 bedroom, 4 bedroom as well as strata landed residences.

Order will certainly integrate Uber’s ridesharing and food shipment company in the region right into Grab’s existing multi-modal transportation and fintech platform. With the mixed service, Grab will certainly drive towards ending up being the # 1 online-to-offline (O2O) mobile system in Southeast Asia and a significant player in food delivery.

Order is one of the most frequently used O2O mobile platforms in Southeast Asia. Get hold of Financial boosts accessibility to cashless solutions for millions of Grab customers across Southeast Asia, and also connects the underserved and unbanked populace to monetary services.

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Transportation around Clavon

JaneOctober 14, 2020

Ride Hailing in Singapore

Ride-hailing is an extremely rewarding business in Singapore. As well as although there’ve been many players who’ve attempted to join the battle royal, few of them ever before had an opportunity versus Grab as well as ComfortDelGro. Could GoJek – the newest competitor – be the one to separate the duopoly? The Indonesia-based operator has been in Singapore for regarding half a year, and also now has a big fleet of drivers as well as customers.

Personally I’m thrilled – besides, the stiffer the competitors, the far better the discount rates. Numerous aspects can affect your ride prices – what time it is, exactly how away your location is, the number of drivers/riders are nearby, and also even whether it’s drizzling.

For the price contrast, GoJek seems the cheapest of the 3, however that’s just because there was a coupon that is automatically used. Thinking there’s no promo going on, GoJek’s GoCar trip would certainly cost the exact same as JustGrab.

Competitive Prices during Regular Hours

Grab’s prices are surprisingly competitive during regular, “off-peak” hrs. Grab’s costs are understood to strike inflated amounts, particularly right after their purchase of Uber. Things have cooled: The Competition as well as Consumer Commission of Singapore (CCCS) has because put some actions in position to shield motorcyclists versus ludicrous prices. Due to the fact that of the big customer base, their rise rates continue to be on the high side.

The Indonesia-based operator has been in Singapore for regarding half a year, and currently has a sizeable fleet of vehicle drivers as well as individuals. Points have cooled down: The Competition and Consumer Commission of Singapore (CCCS) has actually because put some procedures in place to protect riders against ridiculous prices. For homeowners that commute using exclusive transport, Clavon condo is conveniently positioned following Clementi Road, a crossway linking both Pan-Island Expressway (PIE) as well as Ayer Rajah Expressway (AYE), and very easy accessibility to the city and also western component of Singapore.

Upcoming Deveploment near the Nature

Clavon is located along Clementi Avenue 1 in the much searched for Clementi Town estate. Clementi, being a grown housing estate, has wide variety of amenities as well as well-connected transport. It is much less than 10 mintues’ stroll to Clementi MRT Station. Jurong East MRT Interchange as well as future Jurong Gateway CBD is simply 1 MRT station away. For residents that commute utilizing personal transportation, Clavon condo is comfortably located next Clementi Road, a crossway linking both Pan-Island Expressway (PIE) and also Ayer Rajah Expressway (AYE), as well as simple accessibility to the city and western part of Singapore.

For those that like what the city provides, however also like to run away into nature, the Clavon Condo development delivers!

Faber Hills Playground, Firefly Park at Clementi, the West Park and others make for an outstanding escape after work or on the weekends. Intended at advertising a much healthier, a lot more all-natural way of life for those who live within the city, Clavon Condo residents can obtain outside to run, bike, stroll, or merely delight in the sunshine in the brand-new environment-friendly rooms.