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JTC has launched a Woodlands Industrial Park site for tender under the second half of its 2019 Industrial Government Land Sales (IGLS) programme. Woodlands Industrial Park E7/E8 has a 20-year tenure and a site area of 0.77 hectare. It is zoned B2 for industrial purposes and has a 2.5 gross plot ratio. The site is the third of four confirmed list sites for the second half of the 2019 IGLS...

A bid to put the iconic Queensway Shopping Centre on the market has fallen through after a lukewarm response from owners — much to the relief of some shopkeepers. Savills Singapore, the marketing agent of the 43-year-old freehold development, confirmed on Tuesday (Nov 26) that the proposed en-bloc sale is off the table. The adjoining Queensway Tower, a residential block, was also part of the...

Victory Point, comprising a two-storey conservation shophouse with an attic and a six-storey rear apartment block, has been launched for sale at an indicative price of S$14.7 million. The indicative price for the mixed-use development, held under a single title, translates to about S$1,390 per square foot (psf) based on the estimated gross floor area (GFA) of 10,609 square feet (sq ft), exclusive...

The year has seen some high-profile transactions in the Good Class Bungalow (GCB) market but the total volume and value of deals done seem to be lagging the exceptionally high base last year. Property agents attribute this to the uncertain business climate. An analysis of URA Realis data by List Sotheby's International Realty (List SIR) shows that so far this year, 34 deals totalling S$645.7 million...

The public preview of Urban Treasures, the newest residential project by Fragrance Group, will take place on Saturday at 10am. The freehold condominium along Jalan Eunos in District 14 comprises two 12-storey buildings with 237 apartments. Indicative prices begin at S$845,000 for a one-bedroom unit spanning 452 square feet (sq ft), which works out to about S$1,869 per square foot (psf). A...

CapitaLand Limited, City Developments Limited (CDL) and Ascott Residence Trust (Ascott Reit) on Thursday said they will together redevelop the Liang Court site. The site comprises Liang Court mall, midscale hotel Novotel Singapore Clarke Quay and serviced residence Somerset Liang Court Singapore. This comes as CDL Hospitality Trusts (CDLHT) has proposed to sell its entire stake in Novotel Singapore...

CDL Hospitality Trusts (CDLHT) will sell Novotel Singapore Clarke Quay, part of a Liang Court site for redevelopment, for S$375.9 million and make an up-to-S$475 million forward purchase of a new hotel that will be part of the new integrated development. In a bourse filing on Thursday, CDLHT said it will also buy W Singapore hotel at Sentosa Cove for S$324 million. The 403-key Novotel hotel will be...

A pair of shophouses along Bali Lane in Bugis is up for sale by tender at a "fire sale" price of S$9.8 million, while another shophouse at Duxton Road has been launched for sale with an indicative price range of S$4.9 million to S$5 million, marketing agent PropNex Realty announced on Wednesday. The guide price of S$9.8 million for the shophouses at 13, 14 Bali Lane works out to about S$3,797 psf (per...

Singapore-listed developer CapitaLand said on Wednesday (Nov 20) that it has agreed to sell The Star Vista for S$296 million to Rock Productions, the business arm of New Creation Church. The sale, which is scheduled to be completed by the end of this year, is expected to generate about S$145 million in net proceeds and about S$32 million in net gain for CapitaLand. Advertisement The selling price is...

A hundred and four non-landed new homes with a price tag of S$5 million and above were sold in the first 10 months of this year - the highest tally in recent years. OrangeTee & Tie said the last high was in 2011, when 155 units priced above that level were transacted for the corresponding 10-month period. When looking at properties by price per square foot (psf), the number of new private homes sold...