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  • Business
    EdgeProp

    Penthouse at Skywaters Residences sold for $47.3 mil

    Artist's impression of the 305m The Skywaters mixed-use development, which will be the tallest building in Singapore when completed in 2028 (Source: SOM/Bezier) One of the penthouses at the ultra-luxury Skywaters Residences has just been sold, based on a caveat lodged with URA Realis on May 20. The 7,761 sq ft, 99-year leasehold unit on the 57th floor fetched $47.34 million or $6,100 psf.Based on a caveat lodged with URA Realis, the buyer is a foreigner, although the nationality isn't specified.

  • Business
    EdgeProp

    ANALYSIS: Are larger units really in greater demand after the pandemic?

    A total of 33 caveats for D’Leedon have been lodged with URA this year. (Photo: EdgeProp Singapore)SINGAPORE (EDGEPROP) – The first lockdown in Singapore due to COVID-19 took place in April 2020. During the lockdown and subsequent circuit breakers, work-from-home (WFH) arrangements were put in place to prevent the spread of the virus. WFH and flexible work arrangements have become more prevalent post-pandemic. As a result, it is often assumed that buyers prefer larger condo units after the pande

  • Business
    EdgeProp

    Keppel opens its first senior living facility in Asia

    The lobby of the 400-bed, purpose-built senior living facility, Sindora Living Nanjing Qixia. (Picture: Keppel)Keppel has officially opened its first senior living facility in Asia. Located in Nanjing, China, the 400-bed, purpose-built senior living facility is called Sindora Living Nanjing Qixia.“Fast-expanding ageing populations are igniting demand for quality senior care services in many parts of the world, especially in Asia. Today, we are pleased to present the flagship project for Sindora