The western part of Singapore is often overlooked by visitors, but it is home to some of the country’s most vibrant and liveable neighbourhoods. With its JCube Residences lush green spaces, world-class amenities, and an array of employment opportunities, the West of Singapore is an ideal place to live and work.

The West of Singapore is a haven for green living. It is home to the Jurong Lake District, a master-planned waterfront development which has been designed to be a “people-centric” destination. The area is filled with lush green parks, cycling and jogging paths, and nature walks, making it the perfect spot to unwind and relax. It is also home to the Jurong Bird Park, which features more than 5,000 birds from 400 different species, making it the largest bird park in the world.

The West of Singapore is also a major hub for employment opportunities. It is home to …

Tengah, a new town located in the western part of Singapore, is quickly becoming known for its commitment to sustainability and smart living. The Singapore government has been actively pushing for the development of green and efficient cities, and Tengah is leading the charge.

One of the most recent developments in Tengah is the Jcube Condo, a luxurious condo complex with a focus on sustainability and smart living. The condo is designed to be energy efficient, with smart technologies that reduce waste and conserve energy. Residents will enjoy a range of features such as solar panels, water recycling systems, and motion-activated lighting.

The Jcube Condo also features a range of amenities, including a swimming pool, a gym, a clubhouse, and a library. Residents will also have access to an extensive range of shops, restaurants, and other services within the complex.

The Jcube Condo is located in the heart of Tengah, …

Singapore’s West is set to become even more vibrant, thanks to the upcoming development of Jcube Condo in the heart of the Jurong Lake District. Located in the heart of the western region of Singapore, Jcube Condo will be a luxurious residential development with a range of amenities. Featuring an array of modern facilities, the development will bring a fresh wave of life and energy to the surrounding area.

The Jcube Condo is being developed by CapitaLand, one of the leading property developers in Singapore. The development is set to be completed by 2027, and will bring the vibrancy and energy of the Jurong Lake District to the forefront. The development is part of the larger Jurong Lake District redevelopment plan, which aims to transform the area into a bustling business and lifestyle hub.

The Jcube Condo will feature a range of residential units, from one to four bedrooms. Residents …

The privatization of Chip Eng Seng has been secured with the offerors attaining 90.19% of the shares on Feb 14. Celine Tang and her husband Gordon Tang, the company’s controlling shareholder and chairman, have now vested their right to acquire the remaining shares. Last November, the Tangs initially offered 72 cents through their vehicle Tang Dynasty. This offer has since been increased to 75 cents.

Second Chance Properties is among the minority shareholders that accepted the offer and will benefit from approximately $12.7 million in proceeds. As of June 30, the net asset value of Chip Eng Seng’s stock was 99.06 cents per share.

Chip Eng Seng has a long history, founded in the 1960s by the Lim family JCube Residence as a construction business. Over the years, it has grown to encompass other related industries such as property development, hospitality, building materials and most recently, the education sector.…

During Singapore’s Budget 2023, Deputy Prime Minister and Minister of Finance, Lawrence Wong, announced that higher marginal buyer stamp duty rates for both residential and non-residential properties will be put into place. For those residential properties valued at more than $1.5 million, but not exceeding $3 million, the tax rate will be 5%. The rate will increase even more to 6% for properties valued over $3 million, which is a sharp increase from the current tax rate of 4%. It is estimated that 15% of residential properties will be directly impacted by this change.

Non-residential properties will also see new, higher tax rates put into place. Those valued at more than $1 million, but not exceeding $1.5 million, will be taxed at 4%, while all properties valued over 1.5 million will be taxed at JCube Residence a 5% rate. According to the announcement made by Minister of Finance Lawrence Wong, …

Koh Wee Meng, via his entity JK Global Wealth, plans to privatise Global Dragon, a company he controls, with an offer of 12 cents per share. Tan Su Lan @ Tan Soo Lung, mother of Koh, is the second largest shareholder of Global Dragon. Koh Kian Soon, Global Dragon’s executive chairman, is the brother-in-law of Koh, while Ko Lee Meng, Koh Kian Soon’s wife, is another substantial shareholder of the developer. According to DBS, acting as the offeror on behalf of JK Global Wealth, the offer presents shareholders with an opportunity to realise their investment in Global Dragon at a premium of around 14.3% over its last traded price 10.5 cents on Feb 7, before the offer was made.

Koh Wee Meng, the tycoon, is planning to privatise Global Dragon, which is controlled by him, through an entity called JK Global Wealth, with an offer of 12 cents per share. …

Roxy-Pacific Holdings, a property developer, together with a consortium, purchased Bagnall Court in an en bloc deal worth $115.28 million in January this year. This site along Upper East Coast Road in District 16 is a freehold land with a gross plot ratio of 1.4 and a maximum height of five storeys under the 2019 Master Plan.

The current site comprises of 43 units, and the consortium intends to develop it into a new five-storey condominium with 113 units. According to its executive chairman Teo Hong Lim, the area has been deprived of freehold condominium projects for a while, with Eastwood Regency back in 2010 being the last one to be launched.

Teo further mentions the advantages of the upcoming Sungei Bedok MRT interchange station for the Downtown and Thomson-East Coast Lines. This station is just five minutes away from the Bagnall Court, and when the transport hub of Bedok …

on EdgeProp.sg

The most profitable resale transaction during the week of Jan 24 to 31 occurred in The Marbella, a JCube Residence freehold condominium on Mount Sinai Rise in prime District 10. A three-bedroom unit, covering 1,625 sq ft, sold for $3.45 million ($2,123 psf) on Jan 27. Remarkably, the seller profited an impressive $2.21 million (177%) on a purchase made in October 2004 for $1.24 million ($766 psf). This translates to an eye-catching annualised profit of 5.7% in more than 18 years.

The sale of this unit at The Marbella was the second most profitable resale on record at the condo. The most profitable was a 4,284 sq ft, four-bedroom penthouse unit sold for $4.65 million ($1,085 psf) in May 2010, having been bought for $2.33 million ($544 psf) in November 2004 – a record profit of $2.32 million (99%) and an annualised profit of 13% over five years.…

Keppel Land and Vietnam-based Khang Dien Group have entered into a Memorandum of Understanding (MOU) to collaborate on the development of residential projects and sustainable urban projects in Ho Chi Minh City.

Since entering the country in the early 1990’s, JCube Residence Keppel Land has made investments in Vietnam totaling US$3.5 billion as well as developing more than twenty projects. Current developments by Keppel Land in Ho Chi Minh City include Estella Heights, Celesta Rise and the Grade-A commercial Saigon Centre.

Louis Lim, CEO of Keppel Land, expressed pleasure at the collaboration between the two companies, noting Keppel Land’s commitment to long term growth potential in Vietnam and the contribution they will make to the country’s sustainable development.

The MOU has no binding obligations and is not estimated to have any material influence on the earnings per share or net tangible assets per share of Keppel Corp in the current …

The Jurong Lake District (JLD) is Singapore’s newest precinct of innovation and enterprise, and JCube Residence is the perfect location for companies to set up their offices and integrate the live, work, and play environment for their employees. JCube Residence is situated in the heart of the JLD, just a stone’s throw away from the Jurong East MRT Station and Jurong East Bus Interchange. It is conveniently accessible from major roads, expressways, and public transport, making it an ideal spot for companies to base their operations.

JCube Residence is a brand new development that provides luxury and convenience with its prime city location, modern amenities, and premium facilities. It is the perfect place for companies to move their offices, allowing their employees to be within close proximity of their workplace. The development features a variety of residential units, ranging from studio apartments to penthouses, providing companies with the flexibility to …