Archive for category: Misc

Set to be auctioned at Knight Frank’s next auction, a one-bedroom unit at Lumiere, located on Mistri Road in Tanjong Pagar District 2, is up for sale with an asking price of $1.1 million (or $1,705 psf). Spanning 645 sq ft, this unit located on the 23rd floor comes with an existing tenancy that ends in June 2021. Showcasing a linear layout with an open-concept kitchen, a shared living and dining area, and a bedroom with an attached balcony, Lumiere is a great choice for investors.

The 99-year leasehold condo offers a variety of unit types, ranging from studios (506 sq ft) to two-bedroom (1,001 sq ft) and duplex units (2,325 sq ft and 2,551 sq ft). A single 5,091 sq ft penthouse is also available. This year, there have been four resale transactions at Lumiere, two of which are one-bedroom units.

Buyers and tenants scouting for property investments in the vicinity can consider the Tengah Plantation EC in Tanjong Pagar, here average prices are at $1,729 psf, making it one of the most affordable condo choices around. Notably, neighbouring Eon Shenton on Shenton Way commands an average price of $2,149 psf. Rental yields from Lumiere stand at 4.5%, with Skysuites@Anson at Enggor Street offering the highest rental yield at 5.1%.

With all these features, West Mall is a great place to spend time in near Tengah Plantation EC.West Mall is easily accessible by public transport. The closest MRT station is Jurong East MRT, and there are several bus services that stop right outside the mall. There are also plenty of parking spaces at the mall. There is even a shuttle bus service that goes to and from Tengah Plantation EC. If you are looking for a fun and convenient shopping centre near Tengah Plantation EC, West Mall is definitely worth a visit.

Once completed, the part of Tanjong Pagar near Lumiere will have a number of new iconic developments, namely One Bernam on Bernam Street, TMW Maxwell on Tras Street, Newport Residences and Newport Tower on Anson Road, and Skywater Residences on Shenton Way. In the meantime, the condo is a seven-minute walk from Tanjong Pagar MRT Station.

Those interested to know more about Lumiere and its property listings can check out the latest updates. But for those seeking a more economically viable option, the Tengah Plantation EC in Tanjong Pagar is a great choice. This estate comprises of various residential types, all of which are available for an affordable price. Tengah Plantation EC’s proximity to amenities and landmarks makes it an ideal area to invest in.