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Category: Uncategorized

JCube Shopping Centre Plans for Revelopment by Capitaland

Posted on September 26, 2022September 26, 2022 by newspaper

Capitaland is exploring various options for JCube’s redevelopment, including building a new mall or residential complex. The company is currently in the planning stage, and will explore all options available to it. Read on to learn more about the possible uses of the site.

JCube Shopping Centre

JCube is a shopping centre in Jurong East, Singapore. It is open from 10am to 10pm, and features an Olympic-size ice rink and the first IMAX theatre in the suburbs. The development sits on the former site of the Jurong Entertainment Centre.

The JCube mall is located 200 metres away from Jurong East MRT station. It opened in 2012 after major refurbishment work. Its neighbours include IMM and Westgate shopping malls, as well as Lendlease’s Jem mall. In spite of its location, JCube has been lacking in footfall and faces stiff competition from other malls.

A masterplan for the area has been drawn up, and it includes the JCube plot. This means that the current shopping mall could become a residential development. It may even include commercial spaces on the first floor. The proposed development plans are available for public inspection on the URA website. If they are accepted, they will become amendments to the Master Plan.

J.Avenue

A developer is looking to redevelop the J.Avenue property in Singapore. The developer, Stratford Capital, is partnering with Greystone, which specializes in affordable housing. The developer hopes to build a mixed-use development with both residential and commercial space on the first floor.

Future of rink at JCube

The rink at JCube is facing a tough future. With redevelopment plans in place, it may be replaced by a mixed-use residential development. As Jurong East has been transformed into a hub in recent years, CapitaLand Development is considering the future of the rink.

Although the lease for the rink at JCube is set to end in March 2023, SportSG is exploring other facilities in the city. In the meantime, it will work with the Singapore Ice Hockey Association and the Singapore Ice Skating Association to fulfill their training needs. But this news is unsettling for the rink’s many fans.

The JCube Ice Rink is a 30m x 60m arena that is designed to host figure skating, ice hockey, and speed skating. It has 460 seats and rink-side dining. It is Singapore’s only Olympic-size ice rink.

Plans for redevelopment of JCube

Capitaland Limited is considering converting the former JCube shopping mall into a residential complex. This project will enhance the area’s connectivity, and is expected to yield a substantial increase in the number of residential units. The company expects to finish the project by the first quarter of 2022.

The JCube mall has been struggling with a declining occupancy rate, down from 94.3% in December to 90.9% in January. The mall has also been undergoing a major transformation, with CMT positioning it as a sports hub. In addition, it is also exploring divestiture options for the property. The Urban Redevelopment Authority has approved the project, and the developer is currently working on a new master plan for the property. This plan would feature a residential building on top of commercial space, a plot ratio that is much higher than the current JCube.

The JCube shopping mall, which was sold for $340 million, will be turned into a mixed-use development containing a combination of residential and commercial space. The developer of the project, CapitaLand Development, will be building the new development, which would be larger than the existing mall. Its plot ratio would be 4.2, compared to the mall’s plot ratio of 3.

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Capital Gains From Buying an EC When Compared to Private Condominium

Posted on August 25, 2022 by newspaper

Compared to private condos, ECs are cheaper to buy and have the potential to gain capital gains. They are also more profitable during the privatisation process. These advantages make ECs a good choice for middle-income families. However, it is crucial to understand your Hdb regulations when buying an EC.

In general, ECs cost less than private condos and are a good choice for families. Singapore’s middle class cannot buy an HBD house and ECs reduce this burden. In addition, the subsidies offered by ECs can be as much as $30,000 per household.

Although ECs are cheaper than private condos, they are not without disadvantages. In the first five years, EC buyers cannot rent their entire units out. This means they cannot use their rental income to cover their mortgage payments. On the other hand, private condo owners can offset their mortgage payments using rental income.

While ECs are cheaper than private condos, they may not be the best choice for investment purposes. For one, EC prices tend to rise more slowly than private condos. Moreover, ECs are governed by HDB rules. In addition, ECs become fully privatised after ten years, while private condos can get a better return sooner.

ECs are not affordable for everyone. The government has put in place measures to make them affordable to the public. The government imposes initial ownership and eligibility restrictions, which include a minimum tenure and income ceiling. This helps in reducing the land cost of EC projects and their selling prices. Therefore, the prices of ECs are typically about 20%-25% lower than private condos. EC buyers also get the benefit of CPF Housing Grants.

ECs are also affordable for those with high income levels. Unlike private condos, ECs can be sold to foreigners once the owners have reached their 11th year. While ECs are cheaper than private condos, they lack certain amenities that private condos offer.

ECs are a good option if you want to buy a private condominium but cannot afford an HDB flat. The down payment for an EC is 25%, which you can make with CPF or cash. The remaining 80% can be paid once the project receives TOP.

While most HDB flats cost more than private condos, executive condos are an affordable option for middle-income Singaporeans. ECs are built by private developers but are subsidised by the government. In addition to being cheaper, ECs have similar facilities and designs as private condos.

Despite the recent drop in prices, some ECs are still profitable at privatisation. The Bishan Loft, Nuovo and The Dew are three such examples. The first two managed to deliver higher returns than their peers. The other three underperformed the market. However, each of these ECs was launched at a peak price, making it difficult for the ECs to generate substantial profits over the next five years.

ECs are typically sold to Singaporeans and PRs. However, the majority of ECs are located outside of the central region and in the suburbs. This means that demand from Singaporeans and PRs dominates the market. However, ECs can also be sold to foreigners at privatisation. While foreign demand isn’t huge, it does mean that the price gap has narrowed somewhat.

ECs are usually more profitable at privatisation than at MOP. Some of the reasons are the timing of the cycle, the uniqueness of the EC, and the neighborhood development plans. Moreover, some buyers might prefer to buy new ECs. ECs can be a good investment if you can wait a few years.

While ECs are more expensive than private condos, they can also be more profitable. An EC’s rental income will offset its cost. However, it’s important to consider your reasons for selling. You might be trying to follow your neighbours in cashing out or you may be fearful of missing out on future profits.

The prices of older ECs have started to increase since 2010. Low interest rates sent housing values up. Recently, EC prices have reached the $1,000 mark. However, resale ECs are unlikely to reach that price. This means that you’ll have to be conservative in pricing, so that the ECs will be profitable after privatisation.

For this study, I used a hypothetical scenario of a couple who wants to buy an EC and another private condo after a period of five years. This couple is looking for a private condo, but has another home they intend to occupy. This couple also plans to leave the EC unit vacant during the MOP. After five years, the EC outperforms the private condo.

The first factor that helps ECs succeed at privatisation is competition. Since competition is a major motivator, LBOs have learned to tie compensation to their goals. These goals represent the public interest and may include various criteria, such as efficiency, sustainability, and competition from other companies.

Privatization of government services and assets is similar in many respects to the privatisation of private companies. However, the research by Jensen shows that private ownership alone is not enough to ensure profit. Private managers need to be supervised and monitored and how their incentives are structured. As a result, the results of privatization are far from perfect.

ECs are mortgages where the down payment is 25 percent from the owner’s pocket, and the rest is provided by CPF or cash. For a one-million-dollar home, this would require approximately $50,000. There are some requirements, however, so make sure to prepare for them.

ECs are slightly cheaper than private condominiums, but they offer similar finishes and amenities. Moreover, ECs are eligible for CPF Housing Grants and can be sold to foreign buyers after the 11th year. If you’re on a budget, executive condos are a good option.

ECs are a great option for mid-income families in Singapore. Unlike private condos, ECs start at three bedrooms. These units are more spacious than their private counterparts, and residents tend to be local families. Private condos, on the other hand, feature more diverse communities.

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Tender Bid for Copen Grand EC by MCL Land and CDL, as well as Tengah Town

Posted on June 22, 2022 by newspaper

In this article, we look at the Tender Bid for Copen Grand EC by MCL Land and CDL, as well as Tengah Town. We also discuss the Green and Sustainable Tengah District that has been planned by the developers. Hopefully, this article will help you make a decision on whether to buy a property here. It may be the perfect place to start your search. And we’ll cover the pros and cons of both options.

The joint venture between CDL and MCL Land has won another EC tender. This time, the bid was for the Copen Grand EC. The plot is near the new town, and the bid is for $400 million. This translates into $583 per square foot ppr. This is a very low entry price compared to other new estates in the vicinity. However, with the success of the joint venture, the prices for future plot launches will probably rise.

The consortium has a strong track record in the residential sector, and will bring in expertise from both local and overseas developers in developing ECs. This development will feature 12 blocks of up to fourteen storeys with 620 EC apartments. The proposed development will aim to achieve a BCA Green Mark GoldPLUS rating and be located within walking distance of three mass transit stations. This project is also near the future car-free town centre.

This EC is close to many greeneries and nature reserves. It is also close to various weekend activities. Since the EC is a hybrid between HDBs and private condominiums, it is open only to Singaporeans. Additionally, the applicants must be Singapore citizens during the initial phase of the project. In order to apply, you must be a married couple. The project is expected to be completed by the year 2020.

The upcoming EC at Tengah MRT station will be the first eco-friendly town in the area. The developers of this project, CDL and MCL, are planning to develop the site into a high-quality, futuristic town with green and sustainable features. Tengah is part of a larger car-lite town scheme and is set to be Singapore’s first “smart city”.

The newly-built Executive Condominium located in Tengah Town and Tengah Garden Walk is now on the market. Located near the Jurong East and Bukit Baok business districts, this township is fast becoming one of the most sought-after new developments in Singapore. This new executive condominium is fully furnished and includes amenities such as a mini-concert hall, Chinese language school, and gym.

The location of the development is convenient for those who work nearby. Copen Grand EC is close to Bukit Timah Nature Reserve and many other greeneries. There are many activities to enjoy on weekends. The EC at Tengah MRT station will offer a good mix of investment and buying opportunities for the future. The nearby Jurong Eco-town and the Jurong Innovation District will attract buyers and investors.

The Copen Grand EC at the new town will be a pioneering development in Singapore, boasting a blueprint for a smart, sustainable town. The plan will have autonomous vehicles, electric car charging stations in carparks, and a smart central waste management system. The development will be the most eco-friendly in Singapore, and aims to meet the needs of the whole community.

ECs are hybrids of HDB and private condos. They are limited to Singapore citizens, and only Singaporeans can purchase them in the initial launch phase. As such, they are more affordable than HDB condos and should attract a good number of investors and buyers. However, this development is not yet complete, and it will require a considerable amount of work. Copen Grand EC will be the first green executive condominium in the country.

The location of the development is convenient for both residents and businessmen. The central business district and Jurong Innovation District are nearby. The future development of the town centre will make it ideal for leisure activities, including cycling, walking, and recreational engagements. In addition, the area will also be car-lite, allowing residents to walk or cycle without fear of being hit by traffic. The new town center will also be home to the Jurong Innovation District, which will feature advanced manufacturing industries and research institutions.

The green and sustainable features of Copen Grand EC will be the first in the country. The developers of Copen Grand EC have taken responsibility to create a green and sustainable community. Apart from solar panels and wind turbines, the EC also has a water conservation centre. Residents can enjoy various green activities and sports as well as experience a thriving, healthy environment.

The Copen Grand EC is located adjacent to the Belong Bay and Little Bay areas. These two locations are well-connected to major cities of the state and the North East coast. It is also popular for offshore holidays. The area is surrounded by many schools and housing estates. A good selection of accommodation is available in this district. Those who are looking for a holiday destination should check out the Copen Grand EC.

The project is a unique development and is set to set a new standard in the West region of Singapore. This green and sustainable district will consist of smart condominiums and other eco-friendly features. The EC will not only combat air pollution, but will also be an important solution to the city’s transportation issues. At its completion, Copen Grand EC will have more than 4,000 units.

The developers behind the development of Copen Grand EC are MCL Land and City Developments Limited, two well-established property companies in Singapore. The joint venture involves the development of a total of 615 residential units spread over 12 blocks of up to 14 storeys. Tengah will include a sports hub and town centre and new-generation HDB neighbourhood centres, which are designed to be connected to communal facilities and transport nodes.

The EC site has a total land area of 22,020 square metres and a maximum gross floor area of 61,659 sq m. The development will comprise 620 units across twelve blocks of up to 14 storeys. The project is located in Tengah’s Garden district, which is one of five planned districts in the estate. Residents of the EC project will benefit from the proximity of three future MRT stations on the Jurong Region Line. They will also benefit from the planned car-free town centre.

Tengah is also zoned for educational institutions. It will house an array of eateries, shops and public facilities. The development will also include a polyclinic, community club and bus interchange. There are two primary schools in the area: Princess Elizabeth Primary School and Shuqun Primary School. In addition to that, the estate also has a number of parks. The community will also have a library and a children’s playground.

This new project will feature over 620 residential units in 12 blocks, ranging in height from seven to fourteen stories. The development also features a sports centre, community club, polyclinic, and bus interchange. There are also 12 plots zoned for educational institutions, including the nearby Shuqun Primary School. It will be Singapore’s first car-free town centre. Despite the relatively new town centre, it is a good choice for young families as it is within walking distance to major shopping malls.

Those looking to downsize should consider Copen Grand EC as a green investment. The town boasts green features and a presence of Singapore’s Real Estate Management Corporation, which deals in both Real Estate and environment friendly developments. Residents will also love the convenience of the nearby Jurong East MRT station. While it may not be a perfect place for families, it is a good choice for retirees looking for affordable housing.

The EC project is expected to sell at around $1,190 to $1,250 per square foot. Its site area is around 22,020 sq m, with a maximum gross floor area of 61,659 sq m. This new development is also near three MRT stations on the future Jurong Region Line. Residents will also appreciate the future car-free town centre. It’s not just a smart investment for families; it’s a good opportunity for investors to cash in on the growing trend.

The Copen Grand EC Smart Home is one of Singapore’s first smart towns. The city is known for its unique identities, greenery and technologically advanced living environments. It is located in the Western region of Singapore. The design of this new development reflects this concept of a smart town. Its residents can take advantage of the various smart features integrated into the home, including its smart energy management system and green roof.

Located at Tengah Garden Walk, the development is close to the Jurong Region Line MRT station, the Jurong East MRT station, and the future town centre of the Tengah area. Residents of Copen Grand EC are within a 10-minute walk of the future town centre. In addition, the Central Business District and Orchard Road are only 30-minute drive away. The EC is ideal for a young family, a couple, or an investor looking for a new home.

The Copen Grand EC Smart Home is located in the Copen Grand EC district, a highly sustainable community that is convenient for both residents and businesses. The development is surrounded by indigenous rain forest species, which makes it an environmentally conscious community. The city’s residents will enjoy the benefits of being close to the city center and bus terminal. The Copen Grand EC Smart Home is equipped with smart features that are convenient for both residents and businesses.

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