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The Line at Tanjong Rhu

The Line – a prestigious new residential development that leads you to luxury living. With close proximity to the East Coast Park seafront, this high rise paradise offers quiet seclusion nestled in lush tropical greenery with convenient links to Singapore’s bustling city centre. At the Line, your busy lifestyle takes on a new holistic dimension that synergises one’s mind, body and soul. Soothing...

158 Cecil Street sold for S$240m

A company linked to low-profile investor Denis Jen, who owns shopping malls in Australia, is buying 158 Cecil Street for S$240 million from a fund managed by Alpha Investment Partners, the fund management arm of Keppel Land. The price works out to about S$2,100 per square foot based on the 14-storey building's net lettable area of around 115,000 sq ft. 158 Cecil Street is on a site with a balance lease...

About 640 e-applications received for Brownstone EC

Developers of the latest executive condominium (EC) project The Brownstone have received about 640 e-applications since they first opened on Jul 10. City Developments said e-applications for the 638-unit EC will close later on Monday (Jul 20), with booking to start this Saturday. E-applications are typically an indication of interest in an EC project, although applicants are not obliged to buy when...

New underground linkway to connect Yishun MRT, Northpoint City

A new underground linkway with shops will connect Yishun MRT station to the new bus interchange at upcoming integrated development Northpoint City will soon be constructed, Frasers Centrepoint Limited (FCL) announced in a media release on Monday (Jul 20). The linkway, to be named Northpoint Link, will supplement the current underpass connecting Yishun MRT station and the bus interchange via Northpoint...

New private home sales in Singapore slump 42% in June

New private home sales in the Republic fell 42 per cent in June from May as developers launched fewer units. Data from the Urban Redevelopment Authority (URA) on Wednesday (Jul 15) showed developers sold 375 housing units last month - well below the revised figure of 643 units for May. Developers launched just 219 units in June, down from May's 500 units. Including executive condominiums (ECs),...

Private homes rents dip, HDB rents up marginally in June: SRX Property

Rental prices for non-landed private residences fell by 0.5 per cent in June compared to May, according to flash estimates released by SRX Property on Wednesday (Jul 15). Non-landed private property units in the Core Central Region and Outside Central Region saw rental prices fall by 0.8 per cent and 0.7 per cent, respectively, while units in the Rest of Central Region saw no change. June’s rents...

Funan DigitaLife Mall could be sold or redeveloped

The manager of CapitaLand Mall Trust (CMT) said on Wednesday (15 July) it may sell or redevelop Funan DigitaLife Mall (Funan Mall) in line with its policy of continually evaluating the trust's properties. "These options include and are not limited to a disposal or redevelopment of Funan Mall," CapitaLand Mall Trust Management said in a filing on the Singapore Exchange (SGX). CMT added that it has not...

Boutique hotels sprouting up to meet growing demand

Boutique hotels in the Republic are gearing up for a growing group of travellers that are seeking unconventional experiences. Such hotels tend to be more exclusive, intimate, and unique than major chain hotels, and they are seeing demand from millennials who seek differentiation and the thrill of discovering something distinctive. One such boutique hotel is Naumi, which is designed to feel like a...

Revamped Capitol Theatre aiming to bring new brands to market

The old Capitol Theatre has just reopened, after a billion-dollar facelift. Along with a retail mall, the development will also include residences and a hotel. Owners of Capitol said they are adopting a strategy of bringing in new-to-market brands, as tenants, to complement its theatre and lifestyle offerings. Japanese apparel retailer, 45r, is among the new names open for business at Capitol Piazza,...

CapitaLand Mall Trust to buy Bedok Mall for S$780m

CapitaLand Mall Trust (CMT), Singapore's largest shopping mall trust, will buy Bedok Mall from sponsor CapitaLand in a deal that values the mall at S$780 million. The 222,500 square foot Bedok Mall, which opened in December 2013, is part of an integrated retail-residential-transport development at Bedok Town Centre that includes the 583-unit condominium Bedok Residences developed by CapitaLand. The...

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