• Five-bedder at The Sea View sold at $1.88 mil profit
    EdgeProp10 hours ago

    Five-bedder at The Sea View sold at $1.88 mil profit

    The sale of a five-bedroom unit at The Sea View on April 6 fetched a $1.88 million profit. The seller walked away with an 83% profit, or a 5% annualised profit over 12.1 years. There have been no unprofitable transactions at The Sea View since 2015, based on the matching of caveats.

  • Olina Lodge sold for $230.9 mil
    EdgeProp22 hours ago

    Olina Lodge sold for $230.9 mil

    The 67-unit Olina Lodge, a residential development located at 15 Holland Hill in prime District 10, has been sold en bloc for $230.9 million. The buyer is Peak Opal, a unit of Kheng Leong, the privately-held property development company of legendary banker, Wee Cho Yaw of UOB. The sale price translates

  • This week in property: ECs to breach $1,000 psf, $1.18 bil en bloc launched for Faber Gardens, Airbnb-rentals possible soon for condos
    EdgePropyesterday

    This week in property: ECs to breach $1,000 psf, $1.18 bil en bloc launched for Faber Gardens, Airbnb-rentals possible soon for condos

    Transaction volume in the executive condominium (EC) segment is expected to get a boost from the launch of Rivercove Residences on Anchorvale Lane in Sengkang, the only EC project to be launched so far in 2018. The EC saw nearly 80 per cent of its 628 units sold at an average price of $965 psf for its

  • Homes near green spaces fetch higher prices: study
    Property Guruyesterday

    Homes near green spaces fetch higher prices: study

    Singapore buyers are willing to pay more for homes located near green spaces, revealed a new study. A study on the resale prices of 15,962 HDB flats...

  • Land preparatory works soon underway for Kampong Bugis redevelopment
    Property Guruyesterday

    Land preparatory works soon underway for Kampong Bugis redevelopment

    The Urban Redevelopment Authority (URA) announced on Thursday (19 Apr) that it is preparing the 17.4ha Kampong Bugis precinct for construction works...

  • Property market uptrend to continue, buyers encouraged to look at regional centres
    Property Guruyesterday

    Property market uptrend to continue, buyers encouraged to look at regional centres

    Singapore’s property market has seen a decline for nearly four years, but this was followed by a recent upturn in property prices and transactions...

  • LaSalle raises over US$1.1 bil for Asia fund, exceeds US$750 mil target
    EdgePropyesterday

    LaSalle raises over US$1.1 bil for Asia fund, exceeds US$750 mil target

    LaSalle Investment Management, a real-estate investment firm, has raised more than US$1.1 billion ($1.4 billion) in equity for its Asia fund, exceeding its initial US$750 million target.

  • Banyan Tree’s new Brisbane project showcased at St Regis Singapore
    EdgePropyesterday

    Banyan Tree’s new Brisbane project showcased at St Regis Singapore

    Banyan Tree’s newly launched Brisbane Residences will be showcased at The St Regis Singapore on April 21 and 22 from 11am to 7pm. The project, located at Kangaroo Point in Brisbane’s Central Business District, features 100 freehold private residences over 10 levels, at prices starting from A$550,000

  • London’s Filmworks launched in Singapore
    EdgePropyesterday

    London’s Filmworks launched in Singapore

    Filmworks, a mixed-use development in the London suburb of Ealing, was launched for sale at the Berkeley Group Singapore office at Marina Bay Financial Centre on April 18. The sale of the development is being launched in phases, starting with its apartment units, according to a spokesperson for Savills

  • Twin Vew to open showflat this weekend
    Property Guruyesterday

    Twin Vew to open showflat this weekend

    Twin Vew in West Coast Vale will open its showflat for preview this Saturday (21 Apr), said developer CSC Land. The 520-unit condominium is the Group’s first development in Singapore...

  • Banyan Tree’s new Brisbane project showcased at St Regis Singapore
    EdgeProp2 days ago

    Banyan Tree’s new Brisbane project showcased at St Regis Singapore

    Banyan Tree’s newly launched Brisbane Residences will be showcased at The St Regis Singapore on April 21 and 22 from 11am to 7pm. The project, located at Kangaroo Point in Brisbane’s Central Business District, features 100 freehold private residences over 10 levels, at prices starting from A$550,000

  • London developer launches Cashmere Wharf apartments
    EdgeProp2 days ago

    London developer launches Cashmere Wharf apartments

    Cashmere Wharf, an apartment building in the heart of mixed-use development London Dock in Wapping, will be launched for sale over the weekend of April 21 and 22 in Singapore by London residential developer St George. Standing at 26 storeys and designed by Patel Taylor, Cashmere Wharf will be the tallest

  • Lian Beng joint venture buys Sembawang Shopping Centre for $248 mil
    EdgeProp2 days ago

    Lian Beng joint venture buys Sembawang Shopping Centre for $248 mil

    Lian Beng Group and Apricot Capital, the private investment company of the Teo family of Super Group are buying Sembawang Shopping Centre from Singapore’s largest retail REIT CapitaLand Mall Trust (CMT) for $248 million. Lian Beng and Apricot Capital, the private investment company of Super Group’s Teo

  • Choon Kim House launched for en bloc sale at $55 mil
    EdgeProp2 days ago

    Choon Kim House launched for en bloc sale at $55 mil

    Choon Kim House, a freehold four-storey-cum-attic development located on Upper Serangoon Road, is up for collective sale by tender at an asking price of $55 million ($1,287 psf ppr), according to sole marketing agent JLL. A land rate of $1,257 psf ppr can be obtained after factoring in the 10% bonus

  • Shophouse at 64 Club Street up for sale with $25 mil price tag
    EdgeProp2 days ago

    Shophouse at 64 Club Street up for sale with $25 mil price tag

    A restored two-storey conservation shophouse at 64 Club Street (above, right) is up for sale at an asking price of $25 million, according to exclusive marketing agent JLL. The 2,250 sq ft site has a GFA of 5,618 sq ft and is located in the Telok Ayer Conservation Area. There is also no additional buyer

  • Sales of new residential launches improve in Johor, Malaysia
    EdgeProp2 days ago

    Sales of new residential launches improve in Johor, Malaysia

    The residential property sector in Johor has seen improved sales performance with 44.2% of the 7,926 new units launched in 2017 sold, according to the Malaysian Property Market Report 2017 released by the Valuation and Property Services Department (JPPH) on Tuesday (April 17). Meanwhile, completions

  • Executive condos to cross $1,000 psf
    EdgeProp2 days ago

    Executive condos to cross $1,000 psf

    On a y-o-y basis, this was an 87.5% drop in transaction volume. In the absence of fresh launches, EC projects with more significant sales were Signature at Yishun (39 units sold at a median price of $789 psf) and Northwave (19 units sold at a median price of $843 psf). A few other EC projects had sales

  • CapitaLand Mall Trust sells Sembawang Shopping Centre for $248 mil
    EdgeProp2 days ago

    CapitaLand Mall Trust sells Sembawang Shopping Centre for $248 mil

    CapitaLand Mall Trust (CMT) has agreed to sell Sembawang Shopping Centre to a joint venture between Lian Beng Group and Apricot Capital for $248 million.

  • Singapore property market may be strong, but how about developer stocks?
    EdgeProp2 days ago

    Singapore property market may be strong, but how about developer stocks?

    According to Deutsche Bank, the Singapore property market continues to show strength.

  • 3 Things to Know Before Becoming a Landlord
    EdgeProp2 days ago

    3 Things to Know Before Becoming a Landlord

    For many people in Singapore, the dream is to have at least two properties to your name: one to live in, and one to rent out. Here are some considerations you need to be mindful of if you plan on becoming a landlord. Will your rental income be taxed?

  • Man fined $71,500 for unregistered estate agency work
    Property Guru2 days ago

    Man fined $71,500 for unregistered estate agency work

    A 36-year-old man was fined $71,500 on Wednesday (18 Apr) after pleading guilty to eight charges of posing as a property agent without being registered with CEA...

  • Sembawang Shopping Centre sold to Lian Beng joint venture for $248m
    Property Guru2 days ago

    Sembawang Shopping Centre sold to Lian Beng joint venture for $248m

    Sembawang Shopping Centre along Sembawang Road has been sold by CapitaLand Mall Trust (CMT) to a joint venture between Lian Beng Group and Apricot Capital for $248 million...

  • Luxury home prices in downtown Singapore rising faster than other high-end districts: report
    Property Guru2 days ago

    Luxury home prices in downtown Singapore rising faster than other high-end districts: report

    Prices of luxury apartments in the downtown core, which includes Raffles Place, Marina Bay and Tanjong Pagar are outperforming other high-end districts...

  • EXPAT HOMES: Cosy cul-de-sac
    EdgeProp2 days ago

    EXPAT HOMES: Cosy cul-de-sac

    You could call the Seiferts professional expats and relocation experts. Göran and Cecilia Seifert have uprooted and moved across the world nine times over the span of Göran’s 40-year career. The Seiferts arrived in Singapore 22 years ago, as Göran was handpicked to set up Philips’ Asian headquarters

  • Lawyer fined $10,000 for failure to report suspicious property transaction
    Property Guru3 days ago

    Lawyer fined $10,000 for failure to report suspicious property transaction

    A conveyancing lawyer has been fined $10,000 over her failure to notify the authorities of a suspicious property transaction in Sentosa Cove...