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Lakeside Apartments and Lakepoint Condominium up for collective sale again: Analysing the Jurong/Lakeside neighbourhood

Lakepoint Condominium and Lakeside Apartments were recently relaunched for collective sale again.   Lakepoint Condominium After Lakepoint Condominium’s second attempt at a collective sale on 21 October fell through, the condo went into a private treaty negotiation process.  The management relaunched the third attempt on 19 April, with the same guide price of S$640 million.  After factoring in development...

The post Lakeside Apartments and Lakepoint Condominium up for collective sale again: Analysing the Jurong/Lakeside neighbourhood appeared first on 99.co.

Pine Grove and Dunman Road GLS sites: Analysing both condo sites

The upcoming Government Land Sales (GLS) sites are expected to draw many bidders, as developers’ land banks are dwindling. We think the ones to watch these days are the Pine Grove (Parcel A) and Dunman Road GLS sites. Both sites were previously under the Reserve List for the H2 2021 Government Land Sales (GLS), before...

The post Pine Grove and Dunman Road GLS sites: Analysing both condo sites appeared first on 99.co.

Assessing annual value of non-rentable property: Bollywood Veggies’ case against IRAS’ Chief Assessor

Most of us know that our annual property tax is calculated based on its estimated gross annual rent (assuming that the property’s rented out to say, a ‘hypothetical tenant’). This projected rental income (excluding the cost of furnishings, furniture and maintenance fees) is based on property and room types, which will then be used to...

The post Assessing annual value of non-rentable property: Bollywood Veggies’ case against IRAS’ Chief Assessor appeared first on 99.co.

Is Singtel’s Comcentre redevelopment similar to what McDonald’s did in the US?

In Singapore’s rapidly evolving business landscape, industries need to constantly innovate in order to keep up and stay relevant. A company’s core business may no longer be sufficient to sustain a healthy profit margin, and telco companies are no exception.  This one conglomerate is branching out to expand its operations to provide more than just...

The post Is Singtel’s Comcentre redevelopment similar to what McDonald’s did in the US? appeared first on 99.co.

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