General

A five-storey intermediate terrace factory at 9 Kaki Bukit Place has been put up for sale by expression of interest for an indicative price of S$5.5 million. This works out to approximately S$420 per square foot (sq ft) based on a gross floor area of 13,110 sq feet, according to sole marketing agent CBRE. No payable land rent or additional buyer’s stamp duty will be imposed on foreigners and companies...

Retail landlord SPH Reit has established a S$1 billion multicurrency debt issuance programme, with part of the proceeds to be potentially used for a possible acquisition. The Reit's manager, SPH Reit Management, is currently conducting due diligence on the potential acquisition. "Discussions about the potential acquisition are still preliminary and there can be no assurance that the acquisition will...

Parklane Shopping Mall has 33 strata retail units located in the first level basement of the mall put up for sale via an expression of interest exercise, with an indicative value of S$55.7 million. This translates to around S$2,200 per square foot (psf) based on a total strata floor area of 2,352 square metres (sq m), real estate services firm Colliers International said on Wednesday. Due to the...

Fifteen strata offices at Peninsula Plaza have been put up for sale via tender with an indicative price of S$17.6 million, said exclusive marketing agent Cushman & Wakefield on Wednesday. That works out to S$2,255 per square foot (psf), with the offices also for sale individually. This is within the price range of recently transacted units at Peninsula Plaza which hit S$2,500 psf earlier in April...

Property experts and prospective homebuyers are already upbeat about plans unveiled by Prime Minister Lee Hsien Loong during Sunday's National Day Rally, involving housing development along Singapore’s southern coastline. However, experts agreed that public housing at the mega waterfront development project is set to be at the upper end of Housing and Development Board (HDB) pricing — similar to...

The name ‘Cuscaden Reserve’ is a nod not only to the luxurious and refined design of the development, but also to the rare collaboration between developers renowned for setting benchmarks within the luxury real estate market. ‘Reserve’ collections are often associated with the finest materials, carefully crafted in limited edition to appeal to the increasing demands of a premium clientele base....

The Housing and Development Board's (HDB) August sales exercise will be pushed to September, said Minister for National Development Lawrence Wong, in a Facebook Post on Tuesday (Aug 20). "To allow more home seekers to benefit from the upcoming changes, HDB will push back its Sales Exercise from Aug to Sep." Advertisement The move is to allow more home buyers to benefit from "upcoming changes", Mr...

THE prospect of having public housing on the plum Keppel Club site after its lease expires in two years has excited property market watchers. They have, however, offered ideas on how to find an equitable solution to the "lottery effect", given that public-housing owners stand to make windfalls from selling these units after having been lucky enough to land them through a ballot. Prime Minister Lee...

Despite trade tensions and other global uncertainties slowing down the economy to levels last seen a decade ago, investments into the country seem to have held steady so far. Singapore attracted almost S$8.1 billion in fixed asset investment (FAI) commitments during the first six months of 2019, according to figures from the Economic Development Board (EDB) released as part of the second-quarter...

Singapore’s leading developer of luxury residences SC Global Developments Pte Ltd and two Hong Kong-listed developers and hotel operators, New World Development and Far East Consortium, today unveiled the name and concept of its soon-to-debut Cuscaden Reserve, a prestigious project in the heart of Orchard Road. The 192-unit Cuscaden Reserve at 8 Cuscaden Road is a rare collaboration between developers...