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Blog, Buy Condominium in Singapore, Real Estate, Resale Condominium, Resale HDB

Singapore’s Silicon Valley – One North

Singapore’s one-north district stands as a testament to the nation’s commitment to innovation and high-tech industries. Conceived in the early 2000s by JTC Corporation, this sprawling hub encompasses eight distinct precincts, each tailored to foster collaboration and growth in sectors like biomedical sciences, information and communications technology (ICT), and media. Unlike traditional business parks dedicated to single industries, one-north thrives on a dynamic ecosystem that encourages cross-sector synergy—a crucial element for research and knowledge-driven enterprises. Over the past two decades, the Singapore government has consistently allocated about 1% of its GDP annually to research and development (R&D). This unwavering investment has borne fruit, with one-north evolving into a vibrant community of over 400 leading companies and 800 start-ups, collectively employing around 50,000 knowledge workers. The district has attracted upwards of $8 billion in investments, solidifying its reputation as a burgeoning “Silicon Valley” of the East.​ERA A prime example of one-north’s success is Biopolis, the district’s inaugural cluster dedicated to biomedical R&D. Serving as a collaborative platform for both private and public scientific communities, Biopolis houses research institutes and laboratories for pharmaceutical and biotech companies. Notably, Wilmar International established its global headquarters here, and in 2014, Procter & Gamble unveiled a $250 million innovation center within the precinct. The recent completion of Biopolis Phase 6, known as Elementum, in December 2023, adds a 12-storey facility offering semi- and fully-furnished laboratories, catering to the growing demand from smaller firms seeking ready-to-use research spaces.​ Beyond its role as a research hub, one-north embodies the “work-live-play-learn” philosophy. The Wessex Estate, for instance, provides housing options, including conserved black-and-white bungalows, for professionals working in the vicinity. The district also boasts co-living spaces, serviced apartments, hotels, and condominiums, fostering a sense of community among its diverse inhabitants. Educational institutions like INSEAD Asia Campus, ESSEC Business School, and Unilever’s training center at Nepal Hill further enrich the “learn” component of this integrated ecosystem One-north exemplifies Singapore’s strategic vision of nurturing a knowledge-based economy. By seamlessly integrating research, business, residential, and educational facilities, it has cultivated an environment where innovation flourishes, and enterprises thrive. As it continues to evolve, one-north stands poised to reinforce its position as a pivotal player in the global high-tech and innovation landscape Biomedical, sciences and research Biopolis was the first precinct to take shape in one-north, and it set the stage for the district’s reputation as a hub for biomedical research and development. Designed to foster collaboration between the private and public sectors, it houses research institutes and labs for pharmaceutical and biotech companies, making it a key player in Singapore’s life sciences scene. Beyond just big-name corporations, Biopolis also caters to specialised research institutes focused on areas like neuroscience, immunology, and pre-clinical trials. It’s no surprise that global heavyweights have made their home here—Wilmar International set up its global HQ in Biopolis, and in 2014, Procter & Gamble pumped $250 million into its innovation centre within the precinct. The latest addition to this ecosystem is Biopolis Phase 6 (Elementum), completed in December 2023. This 12-storey biomedical science facility offers both semi- and fully-furnished labs, addressing the growing demand for ready-to-use research spaces. This setup is especially beneficial for smaller firms working in the supply chain of MNCs, allowing them to be in close proximity for seamless collaboration. While Biopolis is the go-to hub for biomedical sciences, Fusionopolis serves as the nerve centre for ICT, physical sciences, and engineering R&D. It’s home to a mix of organisations, high-tech firms, and government agencies, including Linden Research (the creators of the 3D virtual world Second Life), Thales Technology Centre, A*STAR, and the Info-communications Media Development Authority (IMDA). Gaming hardware giant Razer has also established its SEA headquarters here, cementing Fusionopolis as a key innovation hub beyond just life sciences. Corporate HQ and Start Up Central Mediapolis is the beating heart of Singapore’s infocomm and media scene. It’s home to major production studios, including Mediacorp Campus and Infinite Studios, a massive 1.2-hectare soundstage facility. The district also features ALICE@Mediapolis, a privately developed smart business park designed for start-ups and established media firms looking for a dynamic and sustainable workspace. Right across from Mediapolis sits Grab’s massive 9-storey headquarters. Spanning over 42,000 square metres, the Grab HQ houses around 3,000 employees, a cutting-edge R&D centre, and the first-ever GrabMerchant centre—a dedicated space to support Grab’s growing network of business partners. Just next door, LaunchPad and Ayer Rajah have established themselves as the go-to precincts for start-ups, incubators, and companies in emerging industries. LaunchPad, often called the cradle of Singapore’s start-up scene, was designed as a testing ground for new ideas. The concept of clustering similar businesses together fosters a highly collaborative environment, allowing entrepreneurs to share resources, connect with ecosystem partners, and scale up faster. The results speak for themselves—some of Singapore’s biggest start-up success stories, including Carousell, 99 Group, ShopBack, and IglooHome, all took off from LaunchPad. With a thriving mix of start-ups, venture capitalists, and accelerators, it remains one of the best places in Singapore to turn an idea into reality. Institutes of Higher Learning The one-north precinct is well-connected by two MRT stations—Buona Vista and one-north, making it easy to get around. Surrounding these stations, as well as key areas like Biopolis, Media Circle, and Rochester Park, you’ll find a variety of amenities catering to both professionals and residents. Education and innovation go hand in hand at one-north, thanks to its proximity to top institutions like the National University of Singapore (NUS) and Singapore Polytechnic. With a strong emphasis on knowledge-sharing and collaboration, businesses—especially those in R&D—can easily tap into talent, research, and expertise from these institutions. This close-knit ecosystem fosters industrial-academia partnerships, helping companies stay ahead in innovation while providing students and researchers with real-world industry exposure. Singapore Science Park Nestled within the greater one-north district, Singapore Science Park is a key hub for R&D, biomedical sciences, and tech innovation. Home to over 350 multinational corporations, companies, and research labs, it’s one of Asia’s most prestigious addresses for cutting-edge industries. Its strategic

Singapore CBD
Blog, Buy Condominium in Singapore, Real Estate, Resale Condominium, Resale HDB

Singapore CBD Redevelopment: What Property Investors Need to Know

The Urban Redevelopment Authority (URA) has extended the Central Business District Incentive (CBDI) Scheme and Strategic Development Incentive (SDI) Scheme for another five years. These initiatives aim to rejuvenate Singapore’s CBD real estate by encouraging the redevelopment of aging commercial buildings into mixed-use developments in Singapore. For property investors in Singapore, this presents a golden opportunity to capitalize on the transformation of the city’s prime real estate. Understanding the CBDI and SDI Schemes CBD Incentive Scheme (CBDI) The CBD Incentive Scheme was first introduced in 2019 to incentivize the redevelopment of older office buildings into mixed-use properties. Targeting precincts like Anson, Cecil Street, Robinson Road, Shenton Way, and Tanjong Pagar, the scheme offers 25% to 30% additional Gross Floor Area (GFA) for qualifying properties. In the latest 2025 update, the URA has also allowed long-stay serviced apartments in CBD Singapore, particularly in Anson and Cecil Street, broadening the scope for developers and investors. Strategic Development Incentive (SDI) Scheme The SDI scheme is designed for strategic areas like Orchard Road and Marina Centre, focusing on large-scale collaborative redevelopment between adjacent buildings. This encourages urban rejuvenation by introducing new commercial, retail, and residential property investment opportunities in Singapore. Why These Schemes Matter for Property Investors The extension of these schemes will significantly impact the Singapore property investment landscape, creating redevelopment opportunities in Singapore’s CBD. Here are some key reasons why investors should take note: 1. Unlocking Redevelopment Potential Several buildings have already undergone transformation under these schemes, including: With the extended incentives, more aging office buildings could be redeveloped into Singapore mixed-use developments, unlocking higher property values and investment potential in Singapore’s CBD. 2. Rising Property Values in the CBD With increased incentives to redevelop, properties that once housed purely commercial offices will now feature a blend of residential units, commercial spaces, and serviced apartments. This will make CBD properties in Singapore more attractive to homebuyers and investors, leading to higher rental yields and capital appreciation. 3. Diversification of Investment Opportunities The transformation of the CBD into a 24/7 live-work-play district will create new opportunities for real estate investment in Singapore, especially in sectors like: This diversification will attract different types of investors looking for high rental yield properties in Singapore. Key Considerations for Investors and Developers While these schemes provide exciting opportunities, investors should carefully assess the following factors: Eligibility Criteria Properties must meet specific criteria, including a minimum age requirement of 20 years and site area conditions. Investors should verify these details before committing to a redevelopment investment in Singapore. Market Demand and Urban Trends Understanding the demand for mixed-use properties in Singapore is crucial. With more companies adopting hybrid work arrangements, the demand for traditional office spaces has declined, making residential and hospitality developments in the CBD more viable. Sustainability and Green Initiatives The URA encourages eco-friendly developments, so developers incorporating green building features and sustainable designs will benefit from government incentives and long-term value appreciation. The Future of CBD Real Estate Investment in Singapore With the Singapore government’s urban redevelopment plans, the CBD is set to become a dynamic, multi-functional district. Investors who act early and secure properties with redevelopment potential in Singapore’s CBD can enjoy significant returns in the years to come. Whether you’re a seasoned investor or exploring your first property investment in Singapore, understanding these schemes is crucial to making informed decisions. As Singapore’s urban landscape evolves, those who stay ahead of market trends will reap the benefits of capital appreciation and rental growth. Stay Updated on Singapore Real Estate Trends For more insights on Singapore property investment, new launch condos in Singapore, and high rental yield properties, stay connected with our expert updates. If you’re keen on exploring CBD redevelopment opportunities, get in touch with Dominic Choa Real Estate today!

Guide to 3-Room HDB Flats in Singapore Sell, Buy, Rent, and Invest
3 room hdb, Blog, Real Estate, Resale HDB

Comprehensive Guide to 3-Room HDB Flats in Singapore: Sell, Buy, Rent, and Invest

Comprehensive Guide to 3-Room HDB Flats in Singapore: Sell, Buy, Rent, and Invest 3-room HDB flats in Singapore are a versatile choice for small families, singles, and even multi-generational households under specific schemes. Known for their balance between affordability and space, these flats cater to diverse needs, whether you are looking to sell, buy, rent, or invest. This guide provides a comprehensive look at 3-room HDB flats across top areas in Singapore, offering insights into pricing, eligibility, and market trends. If you need tailored advice, Dominic Choa Real Estate is here to guide you through every step. Sell 3-Room HDB Flats Why Sell a 3-Room HDB Flat in Singapore? Selling a 3-room HDB flat can be a strategic decision, often driven by the desire to upgrade, relocate, or free up funds. These flats remain in high demand, particularly in areas with strong connectivity and established amenities. Popular Areas to Sell 3-Room HDB Flats Sell 3-Room HDB in Punggol Sell 3-Room HDB in Tampines Sell 3-Room HDB in Sengkang Sell 3-Room HDB in Bedok Sell 3-Room HDB in Ang Mo Kio Sell 3-Room HDB in Jurong West Sell 3-Room HDB in Hougang Sell 3-Room HDB in Yishun Sell 3-Room HDB in Bukit Batok Metrics to Include: FAQs About Selling a 3-Room HDB Flat Buy 3-Room HDB Flats Why Buy a 3-Room HDB Flat in Singapore? 3-room flats are ideal for young couples, small families, and singles under specific eligibility schemes. They strike a perfect balance between cost and space, with options in both BTO and resale markets. Popular Areas to Buy 3-Room HDB Flats Buy 3-Room HDB in Punggol Buy 3-Room HDB in Ang Mo Kio Buy 3-Room HDB in Bedok Buy 3-Room HDB in Tampines Buy 3-Room HDB in Sengkang Buy 3-Room HDB in Jurong West Buy 3-Room HDB in Hougang Buy 3-Room HDB in Yishun Buy 3-Room HDB in Bukit Batok Metrics to Include: FAQs About Buying a 3-Room HDB Flat Rent 3-Room HDB Flats Why Rent a 3-Room HDB Flat in Singapore? Renting a 3-room HDB flat is an affordable option for expatriates, small families, and professionals seeking short- to medium-term housing solutions. Popular Areas to Rent 3-Room HDB Flats Rent 3-Room HDB in Punggol Rent 3-Room HDB in Tampines Rent 3-Room HDB in Bedok Rent 3-Room HDB in Ang Mo Kio Rent 3-Room HDB in Sengkang Rent 3-Room HDB in Hougang Rent 3-Room HDB in Yishun Rent 3-Room HDB in Bukit Batok Metrics to Include: FAQs About Renting a 3-Room HDB Flat Invest in 3-Room HDB Flats Why Invest in 3-Room HDB Flats? 3-room flats offer strong rental yields and cater to a wide range of tenants. They are an excellent entry point for property investors looking for stable returns. Popular Areas to Invest in 3-Room HDB Flats Invest in 3-Room HDB in Punggol Invest in 3-Room HDB in Tampines Invest in 3-Room HDB in Bedok Invest in 3-Room HDB in Ang Mo Kio Invest in 3-Room HDB in Sengkang Invest in 3-Room HDB in Hougang Invest in 3-Room HDB in Yishun Invest in 3-Room HDB in Bukit Batok Metrics to Include: FAQs About Investing in 3-Room HDB Flats 3-room HDB flats are a practical and popular choice for selling, buying, renting, or investing. With diverse options across Singapore’s top areas, these flats offer great potential for both homeowners and investors. For tailored advice and seamless transactions, reach out to Dominic Choa Real Estate—your trusted partner in navigating the Singapore property market.

Comprehensive Guide to 2-Room HDB Flats in Singapore: Sell, Buy, Rent, and Invest
2 room hdb, Blog, Real Estate, Resale HDB

Comprehensive Guide to 2-Room HDB Flats in Singapore: Sell, Buy, Rent, and Invest

Comprehensive Guide to 2-Room HDB Flats in Singapore: Sell, Buy, Rent, and Invest 2-room HDB flats in Singapore are a popular choice for singles, couples, and retirees due to their affordability and practicality. These flats are compact yet functional, catering to various demographics, including those eligible under the HDB Flexi Scheme. This guide covers everything you need to know about selling, buying, renting, and investing in 2-room HDB flats in Singapore. Whether you’re considering a property in Punggol, Woodlands, Tampines, or other areas, this article offers insights into pricing, eligibility, trends, and more. Sell 2-Room HDB Flats Why Sell a 2-Room HDB Flat in Singapore? Selling a 2-room HDB flat can be motivated by various reasons, including upgrading to a larger home, relocation, or cashing out for financial needs. The demand for 2-room flats remains strong, particularly in areas with excellent connectivity and amenities. Popular Areas to Sell 2-Room HDB Flats Sell 2-Room HDB in Punggol Sell 2-Room HDB in Woodlands Sell 2-Room HDB in Tampines Sell 2-Room HDB in Sengkang Sell 2-Room HDB in Bedok Sell 2-Room HDB in Ang Mo Kio Sell 2-Room HDB in Jurong West Sell 2-Room HDB in Hougang Sell 2-Room HDB in Yishun Sell 2-Room HDB in Bukit Batok Metrics to Include: FAQs About Selling a 2-Room HDB Flat Buy 2-Room HDB Flats Why Buy a 2-Room HDB Flat in Singapore? 2-room flats are an affordable option for first-time buyers, singles, and retirees. They are available through both BTO launches and the resale market, with government grants making them even more accessible. Popular Areas to Buy 2-Room HDB Flats Buy 2-Room HDB in Punggol Buy 2-Room HDB in Tampines Buy 2-Room HDB in Sengkang Buy 2-Room HDB in Bedok Buy 2-Room HDB in Ang Mo Kio Buy 2-Room HDB in Jurong West Buy 2-Room HDB in Hougang Buy 2-Room HDB in Yishun Buy 2-Room HDB in Bukit Batok Metrics to Include: FAQs About Buying a 2-Room HDB Flat Rent 2-Room HDB Flats Why Rent a 2-Room HDB Flat in Singapore? Renting a 2-room HDB flat is ideal for expatriates, young professionals, or those seeking affordable housing. Popular Areas to Rent 2-Room HDB Flats Rent 2-Room HDB in Punggol Rent 2-Room HDB in Sengkang Rent 2-Room HDB in Bedok Rent 2-Room HDB in Ang Mo Kio Rent 2-Room HDB in Jurong West Rent 2-Room HDB in Hougang Rent 2-Room HDB in Yishun Rent 2-Room HDB in Bukit Batok Metrics to Include: FAQs About Renting a 2-Room HDB Flat Invest in 2-Room HDB Flats Why Invest in 2-Room HDB Flats? 2-room flats offer high rental yields and are an affordable entry point for property investors. Popular Areas to Invest in 2-Room HDB Flats Invest 2-Room HDB in Punggol Invest 2-Room HDB in Tampines Invest 2-Room HDB in Sengkang Invest 2-Room HDB in Bedok Invest 2-Room HDB in Ang Mo Kio Invest 2-Room HDB in Jurong West Invest 2-Room HDB in Hougang Invest 2-Room HDB in Yishun Invest 2-Room HDB in Bukit Batok Metrics to Include: FAQs About Investing in 2-Room HDB Flats 2-room HDB flats offer versatility for sellers, buyers, renters, and investors alike. Whether you are eyeing the modern living of Punggol, the convenience of Tampines, or the affordability of Yishun, this guide has everything you need to make informed decisions. For personalized advice on buying, selling, or renting 2-room HDB flats in Singapore, reach out to me today!

Comprehensive Resale HDB Guide: 2-Room, 3-Room, 4-Room, 5-Room, Executive Apartments, and Maisonettes in Singapore
Blog, Real Estate, Resale HDB

Comprehensive Resale HDB Guide: 2-Room, 3-Room, 4-Room, 5-Room, Executive Apartments, and Maisonettes in Singapore

Comprehensive Resale HDB Guide: 2-Room, 3-Room, 4-Room, 5-Room, Executive Apartments, and Maisonettes in Singapore Buying a resale HDB flat in Singapore is a major milestone. With a wide range of options available, selecting the right flat size that meets your needs and budget can be overwhelming. This comprehensive guide breaks down everything you need to know about 2-room, 3-room, 4-room, 5-room flats, as well as Executive Apartments (EA) and Executive Maisonettes (EM), including pricing trends, eligibility requirements, financing options, and tips for making a well-informed decision on resale of HDB flats in Singapore. Whether you’re a growing family, a young couple, or an individual looking for your ideal home, this guide is tailored to help you navigate the hdb real estate market with ease. 1. Understanding HDB Flat Sizes 2-Room Resale Flats 3-Room Resale Flats 4-Room Resale Flats 5-Room Resale Flats Executive Apartments (EA) Executive Maisonettes (EM) 2. Pricing Trends and Market Insights Average Resale Prices in 2025 Flat Type Average Price (SGD) Price Range (SGD) Popular Areas 2-Room $300,000 $250,000 – $350,000 Bedok, Hougang, Sengkang 3-Room $450,000 $400,000 – $500,000 Ang Mo Kio, Bishan 4-Room $600,000 $550,000 – $650,000 Tampines, Bukit Batok 5-Room $750,000 $700,000 – $850,000 Punggol, Jurong East Executive (EA/EM) $850,000 $800,000 – $950,000 Pasir Ris, Yishun Source: HDB Resale Statistics (2025) Factors Influencing Pricing 3. Stamp Duty and Legal Fees Buyer Stamp Duty (BSD) Buyer Stamp Duty (BSD) is calculated based on the purchase price or market value of the property, whichever is higher. Below is the table showing the applicable rates: Portion of Purchase Price or Market Value (SGD) BSD Rate First $180,000 1% Next $180,000 2% Next $640,000 3% Amount Above $1,000,000 4% Example Calculation:For a flat priced at $700,000: Total BSD = $1,800 + $3,600 + $10,200 = $15,600 Legal Fees 4. Financing Your Resale HDB Flat Housing Loans CPF Usage 5. Budget Comparison Across Flat Types Flat Type Monthly Mortgage (SGD) Minimum Monthly Household Income (SGD) 2-Room $900 $3,000 3-Room $1,400 $4,500 4-Room $1,900 $6,000 5-Room $2,400 $7,500 Executive (EA/EM) $2,700 $8,500 6. Steps to Buy a Resale HDB Flat “With years of experience helping buyers like you, I can streamline the entire process—from finding your ideal flat to negotiating the best deal. Reach out today for expert guidance!” 7. Renovation and Additional Costs Renovation Costs Flat Type Average Renovation Cost (SGD) 2-Room $20,000–$40,000 3-Room $30,000–$50,000 4-Room $40,000–$70,000 5-Room $50,000–$90,000 Executive (EA/EM) $60,000–$120,000 Other Costs Why Choose Dominic Choa Real Estate? Proven Track Record: Numerous satisfied clients across all flat types. Whether you’re looking for a compact 2-room flat, a functional 3-room home, or a spacious 5-room or executive property, the resale HDB market offers something for everyone. With detailed planning, research, and expert guidance, you can find the perfect home for your needs. For professional assistance in navigating Singapore’s resale HDB market, reach out to me at dominicchoa.com today!