MR MASAMITSU Okada has been living in Singapore for the last 25 years. But instead of renting or buying a home, the Japanese expatriate has chosen to live in the same Ascott Somerset Liang Court serviced apartment for a quarter of a century. Not that housing is paid for by his company, as this benefit ceased 12 years ago when he retired from auditing firm Deloitte. Since then, he has been running his own...
2009
Location: Mimbu Road (District 11) Tenure: Freehold Year of Completion: 2013 Total Units: 22 Unit Types: 2 bedroom ~ 840 sqft 3 bedroom ~ 980 sqft Email [email protected] with the following to register your interest: D'Ixoras / Name / Contact # / Unit Type...
Sales of uncompleted private homes continued to climb in June as improving sentiment in the market spurred homebuyers to snap up more units. 1,825 new private homes were sold last month – a 9.4 per cent rise from May. The strongest sales were seen at 8@Woodleigh, a condominium at Potong Pasir, where units were sold at a median price of S$804 per square foot. All 330 units at the property were snapped up...
Singapore's Mapletree Industrial has acquired a property in Tokyo, Japan. Sun East Shinonome Building is Mapletree's first industrial property in Japan. The company, which invests in industrial real estate across Asia, said the acquisition has enabled it to diversify the fund's country portfolio. The Sun East Shinonome Building is a freehold light industrial building with a gross floor area of about...
Location: Upper Thomson Road (District 26) Tenure: Freehold Year of Completion: 2012 Total Units: 479 (1 block of 14 storey, 3 block of 5 storey) Unit Types: 1 bedroom ~ 517 - 635 sqft 2 bedroom ~ 915 - 1,238 sqft 2 bedroom + PES ~ 969 - 1,238 sqft 3 bedroom ~ 1,184 - 1,518 sqft 3 bedroom + PES ~ 1,356 -1,776 sqft 4 bedroom ~ 1,625 - 2,077 sqft 4 bedroom + PES ~ 1,981 - 2,121 sqft Garden mansionette ~...
Location: 94 - 102 Holland Road (District 10) Tenure: Freehold Year of Completion: 2011 Site Area: 23,041 sqft Total Units: 21 (1 block, 5 storeys) Unit Types: 1 bedroom ~ 969 sqft (02 units) 1+study ~ 850 to 1,023 sqft (04 units) 3 bedroom ~ 1,539 to 2,594 sqft (10 units) 2 + study penthse ~ 2,476 sqft (01 unit) 3 bedroom penthse ~ 3,423 sqft (01 unit) 4 bedroom penthse ~ 4,446 to 4,499 sqft (03...
Property developer Far East Organization has launched a scheme to encourage start-ups at its shopping malls. Instead of paying rent, these tenants can issue preference shares to the developer for up to three years. Tenants at six Far East Organization malls – including the new Orchard Central – can now pay rent in shares, instead of cash. The other participating malls are Central, Far East Square,...
The tender for the collective sale of Dragon Mansion has been launched, the first such sale this year. The property is located at 18 Spottiswoode Park Road. In a statement, CKS Property Consultants said it has obtained consent from more than 80 per cent of the owners to proceed with the sale. The collective sale is expected to achieve in excess of S$120 million or S$1,020 per square foot per plot ratio....
The integrated resort at Sentosa is expected to open early next year, but it is already planning to stage its first event ahead of the soft launch. Resorts World at Sentosa has teamed up with children's charity ChildAid to host its fifth concert at the Festive Grand Theatre in December. Organisers have yet to confirm the budget for the three-day event, but the IR has already pledged to donate some...
The government has launched an industrial site at Kaki Bukit Road for sale by public tender. The land parcel was made available for sale through the reserve list system. URA said it has received an application from a developer who has committed to bid at least S$5 million for the site. The land parcel has a site area of about 1.07 hectare and a maximum gross plot ratio of 1 with a lease period of 30...