• Demand for prime office space lifts off
    EdgeProp1 hour ago

    Demand for prime office space lifts off

    It was the day Marina One and DUO — two newly completed integrated developments with a combined value of $11 billion — were officially opened by Malaysian Prime Minister Najib Razak and Singapore Prime Minister Lee Hsien Loong. It was also the day Australian property group Lendlease held its topping-out

  • Helios Residences unit sold at $1.39 mil loss
    EdgeProp2 hours ago

    Helios Residences unit sold at $1.39 mil loss

    A 1,701 sq ft, three-bedroom unit at Helios Residences changed hands for $3.98 million ($2,340 psf), according to a caveat lodged with URA Realis on Jan 8. The seller registered a $1.39 million loss, as the unit was purchased for $5.37 million ($3,158 psf) in July 2007, a month after Helios Residences

  • DEAL WATCH: Shophouse near Farrer Park going for $6.8 mil
    EdgePropyesterday

    DEAL WATCH: Shophouse near Farrer Park going for $6.8 mil

    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

  • Interest picks up in Robertson Quay
    EdgeProp2 days ago

    Interest picks up in Robertson Quay

    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

  • Eighteen units at New Futura sold on first day of private preview
    EdgeProp3 days ago

    Eighteen units at New Futura sold on first day of private preview

    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 JV acquires Kismis View for $102.8 mil
    EdgeProp3 days ago

    Roxy-Pacific JV acquires Kismis View for $102.8 mil

    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

  • Sims Urban Oasis well-positioned for growth
    EdgeProp3 days ago

    Sims Urban Oasis well-positioned for growth

    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

  • Award-winning terraced house on Watten Drive going for $5.68 mil
    EdgeProp3 days ago

    Award-winning terraced house on Watten Drive going for $5.68 mil

    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 reports 11% lower 1H earnings of $117 mil; proposes 1-for-5 bonus issue
    EdgeProp3 days ago

    Oxley reports 11% lower 1H earnings of $117 mil; proposes 1-for-5 bonus issue

    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.

  • Developer stocks may increase by up to 15 percent
    Property Guru3 days ago

    Developer stocks may increase by up to 15 percent

    After witnessing a good run in 2017 on expected property market recovery, developers who can turn anticipation...

  • Lian Beng to ride wave of housing market recovery
    Property Guru3 days ago

    Lian Beng to ride wave of housing market recovery

    Singapore-listed construction company Lian Beng Group has positioned itself to take advantage of the recovering private housing market...

  • Co-living gains traction in Asia
    Property Guru3 days ago

    Co-living gains traction in Asia

    Co-living is gaining popularity among millennials in Asia...

  • Coveted new condo in historic Tiong Bahru
    EdgeProp3 days ago

    Coveted new condo in historic Tiong Bahru

    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

  • The most affordable condo rentals in town, right now
    EdgeProp4 days ago

    The most affordable condo rentals in town, right now

    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.

  • S’pore start-up launches tiny homes
    Property Guru4 days ago

    S’pore start-up launches tiny homes

    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...

  • Hollandia up for collective sale
    Property Guru4 days ago

    Hollandia up for collective sale

    The 48-unit Hollandia residential development located at the junction of Holland Road and Queensway in District 10 has been launched for collective sale...

  • En bloc sale of Balmoral Gardens for $92 mil
    EdgeProp4 days ago

    En bloc sale of Balmoral Gardens for $92 mil

    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 (

  • Investors set to increase allocations to real estate in 2018
    EdgeProp5 days ago

    Investors set to increase allocations to real estate in 2018

    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

  • Manhattan project 125 Greenwich Street launches in Singapore
    EdgeProp5 days ago

    Manhattan project 125 Greenwich Street launches in Singapore

    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 not extending Jan 26 deadline for Millennium & Copthorne Hotels offer
    EdgeProp5 days ago

    City Developments not extending Jan 26 deadline for Millennium & Copthorne Hotels offer

    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

  • Qingjian Realty tops developer sales in 2017
    EdgeProp5 days ago

    Qingjian Realty tops developer sales in 2017

    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

  • Hollandia up for collective sale at $163 mil
    EdgeProp5 days ago

    Hollandia up for collective sale at $163 mil

    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.

  • Two Airbnb hosts to plead guilty to illegal home-sharing
    Property Guru5 days ago

    Two Airbnb hosts to plead guilty to illegal home-sharing

    The lawyer of two Airbnb hosts who were charged in Singapore with unauthorised short-term letting...

  • Balmoral Gardens launched for en bloc sale, owners expect over $92m
    Property Guru5 days ago

    Balmoral Gardens launched for en bloc sale, owners expect over $92m

    Balmoral Gardens, a 40-unit freehold condominium near Orchard Road, has joined the collective sales frenzy...

  • Singapore falls to 8th most expensive place in Asia to rent mid-market homes
    Property Guru5 days ago

    Singapore falls to 8th most expensive place in Asia to rent mid-market homes

    Singapore has continued to slip down the list of most expensive location for rental accommodation in Asia...