City Plaza unit owners looking to sell en bloc Collective sales fever is spilling into the commercial sector as many City Plaza unit owners prepare for their first annual general meeting in years on Saturday, to discuss a sale with a possible price tag of as high as $1 billion. The 18-storey freehold building [...]
Oxley-led consortium acquires Serangoon Ville for S$499m in collective sale A consortium led by Oxley Holdings has acquired Serangoon Ville, a former HUDC estate in Serangoon North Avenue 1, for S$499 million in a collective sale. Offers of S$400 million to S$430 million had been expected. This collective sale brings the year's number so [...]
Northpoint City, the largest mall in northern Singapore developed by Frasers Centrepoint Singapore, is on track to be 90 per cent leased when it opens its doors to shoppers in the fourth quarter. Housing over 400 retail and dining outlets across two retail wings, the mall is part of the Northpoint City integrated development that [...]
Singapore's property market seems to be heating up, judging by a range of indicators, including a sharp rise in bids for development sites by foreign developers. Just this week, an entire executive condominium project in Hougang, Hundred Palms Residences, sold out in hours. Add to that a slew of collective sales after years of slumber [...]
Indications the local property market is finally turning the corner are piling up but analysts are waiting for more evidence before calling it. The latest sign of a resurgence in new private home sales was a Hougang executive condominium (EC) selling out in just seven hours last weekend. It was the first time since 2014 [...]
Property-bound Singapore capital now prefers home turf The capital flight to greener pastures abroad from Singapore has slowed to a trickle, amid a turnaround in the property market at home. Data shows that the number of outbound investment deals dwindled to 34 in the first half of 2017. The figure was 144 for last [...]
Singaporeans' interest in Australian property wanes Singaporeans are still buying property in Australia but their interest has dwindled slightly, given the abundance of residential options back home. Julian Sedgwick, head of sales and marketing for high-end property developer Crown Group Australia, said that if the recent sales performance at the group's mixed-use project, Waterfall, [...]
Young couples to get flats sooner: HDB Putting down roots and building a love nest used to take young couples typically between three to four years. Not anymore. They can get their new homes sooner - about 2.5 years from the time they apply to purchase the flats. The Housing and Development Board (HDB) [...]
Qingjian Realty to launch condo in Bukit Batok Qingjian Realty (South Pacific) Group said on Wednesday it is launching its first mixed-use development in Singapore. Located in Bukit Batok, the development offers 516 residential units and 6,000 square metres of retail space. While the developer had yet to confirm estimated average rental price for [...]
Afro-Asia Shipping, Shimizu to rebuild Robinson Rd office block Afro-Asia Shipping (AAS) and Shimizu Corporation Investment and Development Division on Tuesday announced their joint venture (JV) to redevelop Afro-Asia Building, an office block at 63 Robinson Road in Singapore's Central Business District. The approximately 60-year-old building will be redeveloped into a new Grade-A office [...]
