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  • News
    EdgeProp

    Six adjoining two-storey commercial shophouses in Geylang for sale

    Six adjoining shophouses for sale at Geylang (Credit: Savills)EDGEPROP (SINGAPORE) - Six adjoining freehold two-storey shophouses in Geylang have been put up for sale via expression of interest (EOI). Savills is the exclusive marketing agent for the property sale.Read also: Freehold shophouse in Geylang on the market for $18 milThe shophouses are located on the odd numbers of 311 to 321 Geylang Road, and have prominent dual road frontage along Geylang Road and Lorong 17 Geylang.The six individua

  • Business
    EdgeProp

    Penthouse at Duo Residences rakes in $2.1 mil profit

    SINGAPORE (EDGEPROP) - The most profitable transaction recorded during the week of Sept 20 to 27 was for a penthouse unit at Duo Residences. The seller reaped a profit of $2.14 million on the 4,392 sq ft apartment when it was sold for $11.48 million ($2,613 psf) on Sept 20. The apartment had been purchased for $9.34 million ($2,127 psf) in November 2016. This means the seller made a 23% gain over a period of nearly six years.The sale marks the most profitable resale transaction recorded for Duo

  • News
    EdgeProp

    The Land Managers acquires office building in London’s West End for $30 mil

    EDGEPROP (SINGAPORE) - The Land Managers, the real estate investment arm of the John Lim Family Office, announced on Oct 6 the acquisition of a 972-year leasehold office building, 6 Cavendish Place, in London for $30 million.“This is a landmark acquisition for us as it is our first direct acquisition in the UK,” says Andy Lim, CEO of the John Lim Family Office. "We are confident that focusing on well-located prime commercial assets in London is a prudent strategy despite the short-term challenge