In a deal for $61.08 million, the freehold bungalows at 10/10A Chancery Hill Road, 12 Chancery Hill Road, and 14/14A Dyson Road were sold together. The properties were first listed for sale via tender in mid-February, with a recommended price of $60 million.

A subsidiary of Sustained Land, a real estate development company owned and financed by Douglas Ong, is making the acquisitions. Sky Everton, The Conituums and its Price, a 262-unit development on Everton Road by Sustained Land, as well as the premium freehold condominiums One Meyer on Meyer Place and 3 Cuscaden on Cuscaden Walk, are all available for purchase.

According to Cushman & Wakefield, who mediated the sale, the estate received over ten bids. Developers and wealthy families that wanted to build something new on the land submitted bids. According to Shaun Poh, executive director of capital markets at Cushman & Wakefield, “We received an overwhelming response, with close to 100 inquiries since we launched the tender.”

The ground on which the three empty homes sit is roughly 32,148 square feet. The property is designated for mixed-landed use on two levels. Peter Lee and his brother John Lee, as co-executors of their aunt Agnes Tan’s estate, have listed the residences for sale. Beneficiaries of the estate in the form of registered charity will get the selling proceeds.
Peter adds, “Our aunt Agnes was always an active and visionary philanthropist, and we think this is a fitting outcome for someone who had not only been extremely generous in her life but who had bequeathed everything she owned towards charitable causes.”

He goes on to say that the money raised from the sales of the houses would be donated in honor of Agnes Tan’s late father, Tan Cheng Lock, a major person in both Singapore and Malaysia who is best known for establishing the Malaysian Chinese Association. Agnes is also the aunt of Dick Lee, a famous singer, and composer from Singapore.
“We respect and admire the decision of having the proceeds going to charity, and thus we set forth on this purchase,” adds Sustained Land’s Ong. Making a conscious effort to give back to the community is a significant part of this business deal. To be a part of it is an honor and a pleasure for us.

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There are many points to take into consideration when leasing a new office or retail room. Is it convenient to your customers and clients? Does the design match your demands? Is there enough car parking?

But in addition to these factors to consider, you may additionally wish to ask yourself, “Does this area have excellent Feng Shui?” Do not laugh off the factor to consider– there are Feng Shui consultation companies that advise many businesses concerning Feng Shui for commercial, including some large, well-known companies.

If other companies discover value in Feng Shui, you may too– it certainly can not harm. When you’re seeking a workplace or retail area to lease for your service, attempt doing so with these Feng Shui tips in mind.

Search For Terrific Lights

Great lighting is an extremely fundamental aspect of Feng Shui. Great lighting is stated to provide favorable power. Light is a fire element, which means that it’s also vital completely leadership and enthusiasm– absolutely qualities that any type of organization might utilize even more of.

All-natural illumination is the best sort of light, certainly, so make certain to consider the home window circumstance first. Even though you most likely will not rely solely on all-natural lights, bringing more of it into your business can only assist.

Transform the lights on and observe how well they light the space. If the building has too many shadows or glows in some places, you might intend to learn if the illumination can be readjusted before you sign a lease. Ideally, the light should be equally spread around the structure to allow energy to move easily.

Take note of the type of light bulbs utilized in the building’s lighting fixtures too. Full range light bulbs, for example, generate very little glare as well as shadow and also imitate natural light efficiently. Fluorescent bulbs, on the other hand, generate extreme light as well as are normally ruled out Feng Shui-friendly.

Take into consideration the Location

Location is the very first regulation of property, as well as it’s a good rule in Feng Shui as well. A location that remains in the center of a currently flourishing company center is usually an excellent option. The location likely already has great energy, and also your company will certainly benefit from this power also.

Be wary of renting a little building that’s bordered by taller structures– these taller buildings can obstruct the energy flow to your building. Know what type of organizations surround the room that you’re renting– finding too close to a cemetery or health center can send out unfavorable energy your method, and also nuclear power plant can additionally have disruptive energy.

Ask about the history of the space that you’re renting. If it’s been home to several short-term service ventures, you might wish to pass– this recommends that the building has unfavorable power that might stop your organization from thriving. On the other hand, a space that’s housed services that expanded and also relocated due to the fact that they required even more space is a great selection.

Keep an eye out for Existing Feng Shui Aspects

Obviously, you can improve any type of room’s Feng Shui incidentally you make a decision to embellish it. For example, you can constantly bring in mirrors, plants, and also lovely paintings.

Nevertheless, if the room already has Feng Shui components included in the layout, that’s certain and also. For example, a fountain in the entrance hall or exterior in the parking area can absolutely be a great indicator.

Fountains advertise harmony and satisfaction, and the circulation of water signifies the circulation of wealth– hopefully right into your organization. A fountain in the lobby or outdoors can make the space much more stunning, which can absolutely help draw in business.

A fountain also suggests an area that is calm and also much less demanding than various other areas, which can help establish customers or clients comfortable. This might be specifically helpful if your business has a tendency to cater to people who might be in distress when they’re trying to find your services.

As an example, if you’re setting up a law workplace, you could discover that drawing into a parking area with a fountain or walking right into an entrance hall with a fountain has a relaxing impact on your customers. The white noise, as well as the circulation of the water, are comforting as well as can generate feelings of calm as well as confidence.

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