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Apartments at One Pearl Bank condominium will go on sale from Jul 20, with prices starting at S$970,000 for studio units. Built on the site of the former Pearl Bank Apartments, which was one of Singapore’s architectural icons, the 99-year leasehold development is expected to be completed by 2023. It comprises 774 units, ranging from studio apartments to penthouses of between 431 sq ft and 2,788 sq...

A sale is in the works for 71 Robinson Road. The Business Times understands that property investment group Sun Venture has been granted exclusive due diligence with a view to buy the 15-storey office block. The pricing is slightly under S$2,800 per square foot of net lettable area (NLA), which would translate to an absolute price in the region of S$660 million. The pricing would reflect a net yield...

Co-working space provider JustCo will open at Manulife Centre in the fourth quarter of 2019, it said on Wednesday. JustCo at Manulife Centre will take up more than 50,000 square feet (sq ft) and occupy two levels of the building, which is at Bras Basah’s Art and Heritage district. The new space is expected to house more than 1,000 members, and will bring JustCo’s portfolio to a total of 33...

Mapletree Industrial Trust (MIT) plans to redevelop a flatted-factory cluster at Kallang Way into a high-tech industrial precinct at a total project cost of about S$263 million, the manager of the mainboard-listed real estate industrial trust (Reit) said. This will be MIT’s largest redevelopment project to date, and is another strategic step in growing its high-tech buildings segment, the manager...

British billionaire James Dyson, inventor of the bagless vacuum cleaner, has bought the most expensive apartment in Singapore, where his company plans to build an electric car. The three-story "super penthouse" at the top of Singapore's tallest building was reportedly sold for S$73.8 million. Accessed by its own lift, the 21,000 sq ft apartment once valued at S$100 million has five bedrooms, a...

Datapulse Technology will acquire a 5 per cent stake in Bay Hotel Singapore for about S$12.1 million, the disc producer said in a Singapore Exchange filing on Monday night. Its wholly owned subsidiary, Datapulse Investment Pte Ltd (DIPL), has formed a consortium with PAM Holdings I (BVI) Ltd to purchase the hotel from Fiesta Development Pte Ltd and Bay Hotel & Resort Pte Ltd for S$235 million. DIPL...

Singapore's condo resale prices were down 0.4 per cent in June from its May peak, breaking an upward trend that had lasted four months, according to monthly flash figures from real estate portal SRX Property released on Tuesday. The decline in June follows a 0.4 per cent gain in May. Prices in the core central region (CCR) saw the biggest decline, down 0.7 per cent, while prices for outside central...

Hoa Nam Building, a freehold mixed-development at 27 Foch Road in the Jalan Besar/Lavender Street locale, has been put up for collective sale with an asking price of S$160 million. Marketing agent Huttons Asia said that this works out to S$1,866 per square foot based on the building's existing gross floor area (GFA) of 85,744 sq ft. This is 4.0133 times the site area of 21,365 sq ft - exceeding the...

There were fewer Housing Board resale flats sold in June compared with May, while prices inched up slightly. Flash estimates from real estate portal SRX released on Thursday revealed that 1,895 HDB resale flats changed hands in June, an 8.7 per cent decrease from the 2,076 units in May. The resale volume in June was also 4.8 per cent lower than the 1,991 units sold in the same month last...

Singapore's CapitaLand will combine Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust (A-HTRUST) to form the largest hospitality trust in the Asia-Pacific region, it was announced on Wednesday (Jul 3). The proposed combination will result in the combined entity becoming the eighth largest hospitality trust globally, with an asset value of S$7.6 billion, the two trusts announced in a...