Luxury retailer Louis Vuitton will be opening a unique "island" store at the upcoming Sands Retail Asia at Marina Bay. The store will float on water in front of the Marina Bay Sands casino. Luxury French fashion house Chanel, renowned jeweller Tiffany & Co. and Singapore-based retail group F J Benjamin have also announced that they will have a presence at Singapore's new retail destination. Marina...
2009
The reclamation of Singapore's Jurong Island was completed on Friday after nearly a decade, marking a major milestone in the country's industrial development. Although the initial completion date was 2030, the project finished some 20 years ahead of schedule, due to high demand from big global names for space on the island. The companies currently housed on the 3,000-hectare island account for about 80...
Singapore developer Ho Bee said on Friday its unit has formed a joint venture company with China-based developer Yanlord Land. The newly formed subsidiary called HB Investments (China) is 80 per cent owned by Ho Bee and 20 per cent owned by Engro Corporation, a mainboard-listed producer of slag-cement. In turn, HB Investments and Yanlord Land will hold 50 per cent stake each in the JV investment holding...
There has been a pick-up in sales of landed property at Frankel Estate recently. An established landed residential enclave, it’s located within a short driving distance of the Kembangan MRT station and within walking distance of eateries along Siglap Road. It is also in the proximity of good schools like Victoria Junior College, St Patrick’s School and Tao Nan School. According to caveats lodged with...
Singapore-listed Ying Li International Real Estate has acquired a prime integrated development site in Chongqing's Yuzhong District for S$177 million. The site was bought in a government land auction. Ying Li said on Friday it will develop the site into an integrated development project, with high-end residential, hospitality and high-grade retail components. The project is expected to be fully completed...
Luxuriant, spacious, comfortable. This designer bungalow is nestled within the green quiet lanes of Braddell Heights Estate, a prime district of prestigious and exclusive bungalows. Calling 10A home says quietly but succinctly that “you have arrived”. 6 ensuite bedrooms to keep even a big family settled and happy. A huge living room with full height windows. A cosy dining area. A dry and a wet...
Aztech Group says it plans to venture into the property development, building construction and property management businesses, in line with the group’s long-term strategy of diversifying its business. The group believes “that the economic growth in the Asia-Pacific region has led to an increase in the demand for services in these new business areas and that the new business would have bright prospects...
Increased sales strongly suggest that buyers are convinced property prices have bottomed, or are low enough for them to re-enter the market, writes EMILY ENG GIVEN the recent euphoria in the residential market, it is no surprise that it has become a hot topic of discussion. Isn't Singapore still in recession, people wonder. Unemployment is still high, with an estimated 116,600 jobless residents as at June...
Prices have more than doubled over the last decade PRICES of good class bungalows (GCBs) have picked up strongly since early this year, topping prices fetched in the last property peak in 2007. GCBs are owned by a select group of wealthy individuals, who may well own more than one such bungalow. There are an estimated 2,500 GCBs in Singapore today. By definition, GCBs need to have a plot size of at least...
Buyers took advantage of lower prices, which have corrected by some 20 to 30% from the peak, and low interest rates to buy their dream landed homes A HOME these days has become more of a lifestyle statement and status symbol than just a roof over one's head. And what could answer both aspirations better than a plot of freehold land where the owner can dictate every last detail in a custom built house? So...