One of the biggest initial public offerings (IPO) this year made a disappointing debut yesterday – a casualty of the uncertainties afflicting financial markets. Despite a generally upbeat stock market, Parkway Life Real Estate Investment Trust (Reit) opened trading in the afternoon session at $1.27, a cent below the offer price of $1.28, and steadily fell before ending at $1.19 a unit. Ms Daphne Roth,...
General
Boulevard Vue. Located off Orchard Boulevard. It is just a stone’s throw away from the world renowned shopping paradise and the bustling night life of Singapore. Imagine living in a bungalow in the sky. That’s what you will experience as a resident of this prestigious project. Only 28 exclusive units are housed within this 144m tall tower. Offering only 26 typical units of 4500sqft and 2 penthouses of...
Like most other property-related counters, Singapore-listed real estate investment trusts or REITs have been sold down in recent weeks amid the market volatility. As one analyst puts it, the last time he looked, the buildings were still standing, the offices still occupied and owners still collecting rents in a robust economic environment. But it appears that investors are not seeing REITS in the same...
Nestled in a tranquil and lush residential area of Balmoral Park, The Solitaire comprises three 12-storey residential blocks of exclusive two- to four-bedroom apartments and penthouses arranged in a terraced fashion down the hilly terrain. Each apartment comes with generous-sized balconies and full-height windows that open to magnificent views of the lush vicinity and cityscape. Indoor and outdoor spaces...
Singapore’s economy has the potential to grow by 4 to 6 percent annually over the next 5 to 10 years, says the Trade and Industry Ministry. Giving this upbeat assessment a day after Prime Minister Lee Hsien Loong spoke of the country’s vibrant growth, the Ministry says this reflected the effects of economic reforms over the last 5 years. These reforms enabled actual growth to average 6.1 percent per...
HUNDREDS of thousands of homes — from ageing and middle-aged flats, to private homes and even the sluggish Punggol 21 development — are up for a fresh lease of life, as the Prime Minister unveiled a slew of upgrading initiatives aimed at boosting Singaporeans’ asset values.Reiterating the Government’s promise to upgrade flats and estates when it has the surpluses to, Mr Lee Hsien Loong said: “We...
The value of en bloc deals done in the second half of this year could slow down compared to the first six months, as sentiments in the property market turn cautious. But property consultants say total deals are still likely to hit $16 billion - double that of last year - due to an exceptionally active first half. A combination of factors - including uncertainties in the financial markets prompted by the...
Captive shoppers in heartlands - like Jurong, Woodlands, and Tampines - are catching the eye of retailers. And analysts say that is why some suburban malls can even command rentals similar to some prime downtown locations. Some of Singapore’s heartland malls have been as big a hit with shoppers as their more upscale cousins in Orchard or the Raffles City area. AMK Hub in Ang Mo Kio is the latest...
Latitude - A tranquil abode within the dynamics of the city. Setting you free from the intensity of urban living and standing on over 125,000 square feet of land off River Valley Road, Latitude offers a world of unparalleled comfort and unmatched refinement. A coveted premium address Latitude is located in one of the city’s most exclusive residential enclave - District 10 at Jalan Mutiara off River...
Location: 25, 27 Claymore Road (District 9) Tenure: Freehold Year of Completion: 1985 Total Units: 146 Unit Types: 3 bedrooms ~ 2680sqft 4 bedrooms ~ 3347sqft Penthouse ~ 4919sqft Email [email protected] with the following for more information or an appointment: The Claymore / Name / Contact # / Unit Type...