Senja Close EC™

Living in District 23 has its perks, especially when it comes to getting around. The location of Senja Residences EC is ideal, being only a few kilometers away from the bustling city centre. The Bukit Panjang MRT station is a mere 0.36 km away, providing residents with easy access to public transportation. Additionally, bus 972 and 190 are readily available, allowing for convenient travel to popular areas such as Orchard and the Central Business District. For those who prefer to drive, several expressways are within close proximity, making commutes a breeze. In just 20 minutes, you can easily reach the Orchard Shopping District and Central Business District. With all these transportation options at your disposal, living at Senja Residences EC, located at senja close ec, truly offers a seamless and convenient lifestyle.

According to a research report by Knight Frank Singapore, the real estate investment market continued to prosper in the last quarter despite the ongoing uncertainties in the global economy. Surpassing the previous quarter, the total investment sales recorded in the third quarter of 2025 was $10.5 billion, marking a significant increase of 7.5%. This value also saw a substantial 23.8% leap from the third quarter of the previous year.

The majority of real estate deals last quarter were made through private sales, making up 60.5% of the total sales value at $6.3 billion. The most considerable transaction in this sector was the purchase of the remaining 55% stake in CapitaSpring by CapitaLand Integrated Commercial Trust, from CapitaLand Development and Mitsubishi Estate Co, for $1 billion.

Public real estate investments, on the other hand, were mainly made through Government Land Sale (GLS) tenders. The report revealed that eight GLS sites were awarded in the third quarter of 2025, resulting in a total of $4 billion in investment sales. These sites consisted of four residential sites, one mixed-use commercial and residential site, and three executive condo (EC) sites.

Of all the residential investment deals last quarter, the majority came from GLS tenders, which reached a total value of $4.2 billion. This figure doubled the amount recorded in the previous quarter, where only two GLS sites were awarded.

In the commercial sector, investment sales amounted to $2.6 billion, a significant drop of 51.4% from the second quarter. The most notable transactions were the sale of Jem’s office component by Lendlease Global Commercial REIT for $462 million, and the sale of Kinex by UOL Group for $375 million.

The industrial sector saw a significant jump of 46.1% in investment sales in the third quarter, reaching a total of $2.5 billion. This growth was mainly due to Centurion Accommodation REIT’s acquisition of five purpose-built workers’ accommodations, amounting to $1.3 billion. Other notable deals included the divestment of five industrial and logistics properties by CapitaLand Ascendas REIT for $329 million.

However, the report showed that the hotel investment activity was relatively muted in 2024’s third quarter, with only one transaction recorded – the sale of Hotel Miramar on Havelock Road for $160 million. This number marks a significant decrease of 72.7% from the previous quarter’s total of $585 million.

In the collective sale market, only one transaction was recorded – the sale of Chiku Mansions, a freehold boutique residential development in District 15. Purchased by Macly Group for over $22 million, or $1,168 psf per plot ratio, this four-storey walk-up block with nine apartments was the only deal made in this sector last quarter.

Moving forward, Knight Frank Singapore forecasts that the real estate investment market in the fourth quarter of 2025 and 2026 will continue to be driven by residential GLS tenders and REIT activity. While deals are expected to remain limited to ticket sizes of less than $200 million, CEO of Knight Frank Singapore, Galven Tan, notes that investor demand remains strong. He also predicts that the full-year real estate investment sales will reach the higher end of the forecast range of $27 billion to $29 billion for 2025.