RESIDENTIAL MARKET More luxury condos to cross S$4,000 psf mark

Luxury residential properties crossing the S$4,000 per square foot (psf) mark in Singapore's prime Orchard Road district have been few and far between in recent years, but this could change, given the recent spate of record-setting land sales and upcoming launches in the district. Hong Kong-listed Shun Tak Holdings said on Wednesday that it has purchased two [...]

2018-06-18T11:16:03+08:00June 18th, 2018|Property News|

Lakeside Apartments owners ask for S$240m

Lakeside Apartments is now on the market with a reserve price of S$240 million, becoming the latest development to wade into the collective sale arena. With more than 80 per cent of the owners at the 134,176 sq ft site in the Jurong Lake District area having agreed to sell their units, the tender was [...]

2018-06-15T00:41:37+08:00June 15th, 2018|Property News|

COMMERCIAL MARKET Great Eastern, NTUC Income sign up at PLQ

Homegrown insurance bigwigs Great Eastern and NTUC Income have leased office space at Paya Lebar Quarter (PLQ). BT understands that Great Eastern, a listed subsidiary of OCBC, has leased about 125,000 sq ft on four floors of the 13-storey Tower 3 in the project. This is the same tower where SMRT has leased 97,000 sq [...]

2018-06-12T14:40:08+08:00June 12th, 2018|Property News|

Three freehold plots up for sale

Three freehold plots, two of which are in prime districts, have been launched for sale, adding to the buffet of choice sites that developers looking to grow their landbanks can pick from. Elizabeth Towers, the largest of the three, is a high-rise residential redevelopment in Mount Elizabeth in District 9 with a reserve price of [...]

2018-06-07T12:25:58+08:00June 7th, 2018|Property News|

RESIDENTIAL MARKET HK-listed FEC acquires Singapore property

Hot on the heels of other recent property dealings here in the prime district, Hong Kong-listed Far East Consortium International (FEC) has just acquired 21 Anderson Royal Oak Residence. FEC's indirect wholly owned subsidiary, Advance Delight Global, has agreed to purchase all of the issued and paid-up capital of Highest Reach Investments, which owns the [...]

2018-06-07T12:24:34+08:00June 7th, 2018|Property News|