A four-storey conservation shophouse near Farrer Park has been put on the market for $6.8 million (about $1,700 psf). “Approval was given for a hostel to operate within the shophouse,” says marketing agent Van, associate division director at ERA Realty. The property is currently leased to a hostel
Robertson Quay, the enclave on the Singapore River, has traditionally been more idyllic and residential compared with Clarke Quay and Boat Quay, which are more commercial, with bars, clubs and restaurants. The latest debut is Intercontinental Singapore Robertson Quay last December. When URA announced
City Developments Ltd (CDL) announced that it has sold 18 units at New Futura on the first day of private preview on Jan 18. The number of units sold translated to more than 70% of 25 units released. The units were priced at an average of $3,200 psf.
Roxy-Pacific Holdings announced that its wholly-owned subsidiary, RP Ventures, along with joint venture (JV) partner, TE2 Development, is acquiring Kismis View for $102.75 million. TE2 Development is a private family office of Tong Eng Group’s group managing director, Teo Tong Lim. The residential
On the Reserve List of the 1H2018 Government Land Sales programme announced by the Ministry of National Development is a 1.7ha site on Sims Drive. According to Tricia Song, head of research for Singapore at Colliers International, the site is attractive and likely to be triggered. “The site is within
An intermediate terraced house on Watten Drive has been put on the market for sale by private treaty. The house is owned by the architect who designed and rebuilt the old house for his family a decade ago. “While it’s a terraced house, we have designed it in such a way that it feels like a semi-detached
Oxley Holdings reported a 45% drop in 2Q18 earnings to $68 million from a year ago. Earnings per share was 3.82 cents for 1H18, compared to 4.06 cents for 1H17. The homegrown property developer has declared an interim dividend of 0.72 cents and a 1-for-5 bonus share issue has been proposed.
Singapore-listed construction company Lian Beng Group has positioned itself to take advantage of the recovering private housing market...
TIONG BAHRU was developed in the 1920s as Singapore’s first public housing estate by the Singapore Improvement Trust (SIT), the predecessor of the Housing and Development Board. It is still a coveted location today, as evidenced by the strong sales at Keppel Land’s Highline Residences, the newest condominium
For most people, it’s pretty easy to identify what they want in a rental condo: space, location, proximity to the MRT, beautiful flooring and perhaps even somewhere close to their favourite makan places. It is finding all of those things within one’s budget that is the real challenge.
Local start-up Big Tiny has come up with an innovative idea of building small homes on wheels, which it plans to install in rural areas with breathtaking scenery...
The 48-unit Hollandia residential development located at the junction of Holland Road and Queensway in District 10 has been launched for collective sale...
The 37-year-old Balmoral Gardens, located along Balmoral Road, has been put up for collective sale by tender, with Huttons Asia as the exclusive marketing agent. The owners of Balmoral Gardens are expecting offers above $92 million. The price translates to a land rate of $1,872 psf per plot ratio (
According to a joint survey report by the Asian Association of Investors in Non-Listed Real Estate Vehicles, and the European Association for Investors in Non-Listed Real Estate Vehicles (INREV), and the Pension Real Estate Association, 56% of global investors plan to increase their exposure to real
Knight Frank Singapore will be exhibiting 125 Greenwich Street, a new 88-storey project in lower Manhattan, New York City at the Hilton Singapore over the weekend of Jan 20 and 21. Located one block from One World Trade Centre and the Oculus train station, the development is surrounded by panoramic
City Developments says it is not extending its Jan 26 deadline for its offer to privatise Millennium & Copthorne Hotels. The acceptance is conditioned on CDL receiving acceptances of the final offer of more than 50% of the M&C shares. Given it already owns 65.2% of M&C, CDL believes there is little
Among property developers, Qingjian Realty (South Pacific) Group is said to have sold the most number of new homes, recording a total of 1,216 units. For the whole of 2017, Qingjian also chalked up the highest sales of EC, with a total of 932 units. The Visionaire by Qingjian Realty was fully sold
The 48-unit Hollandia has been put up for collective sale by tender on Jan 17 for $163.15 million. The price translates to a land rate of $1,515 psf ppr, according to sole marketing agent Savills Singapore.
Balmoral Gardens, a 40-unit freehold condominium near Orchard Road, has joined the collective sales frenzy...
Singapore has continued to slip down the list of most expensive location for rental accommodation in Asia...
Singapore-based real estate investment firm M&L Hospitality opened West Hotel Sydney on Jan 12. The property is a premium independent hotel operated under the Curio Collection label by Hilton Hotels & Resorts. The 182-room West Hotel Sydney marks M&L Hospitality’s third hotel in Sydney (after the 892
Knight Frank, in conjunction with global real estate firm Bizzi & Partners Development, announced the launch of 125 Greenwich Street, a new 88-storey luxury condominium skyscraper in downtown Manhattan. Located one block from One World Trade Centre and the Oculus train station, the 273-unit development