Location: 8 Enggor Street (District 2) Tenure: 99 years leasehold Expected Completion: 2014 Site Area: approx 30,011 sqft Total Units: 360 (1 tower, 72 storeys) Unit Types: 1 Bedroom ~ 366-506 sqft 2 Bedrooms ~ 667-700 sqft 3 Bedrooms ~ 958-1141 sqft Penthouse ~ 1001-1411 sqft Facilities: Level 7 • Swimming Pool • Children Pool •Lap Pool • Bubble Pool • Jacuzzi • Eco-pond • Tennis Court •...
General
Far East Organization's latest property, Waterfront Isle, sold 88 of its 132 units launched at a preview on Tuesday. The units were sold at an average price of S$920 per square foot. The 99-year leasehold development will be officially launched on February 5, with the company releasing another block of units from its entire stock of 561 units. Far East did not disclose how many more units will be...
Genting Singapore said its wholly-owned subsidiary Resorts World Properties has agreed to buy the Singapore Technologies Building from Singapore Technologies Holdings for S$146 million. The freehold 13-storey office building is located at Lim Teck Kim Road and has an existing gross floor area of 128,600 square feet. The property has an approved plot ratio of 6.6 and sits on a site area of around 1,800...
Singapore-listed Tuan Sing said its full-year net profit rose 53 per cent to S$68.2 million for the period ended December 31. The higher profit is on the back of strong full-year revenue, which is up 24 per cent to S$274 million. The bulk of its revenue came from its industrial services, which benefited from the strong performance of commodities trading, and also from services rendered to an Indonesia...
Mainboard-listed construction firm, United Engineers said it has sold its industrial property, UE Print Media Hub, for S$51 million. The media hub is a five-storey industrial building located at 61 Tai Seng Avenue. It was developed and constructed by United Engineers. The building which received its temporary occupation permit in June 2007 has a net lettable area of nearly 255,000 square feet. It also...
The landmark Capitol site which comprises Capitol Theatre, Stamford House, Capitol Centre and Capitol Building will be transformed by the end of 2014 at a cost of S$750 million. This includes the land cost of S$250 million. It will feature developments like a new hotel and eight levels of residential apartments, each costing up to S$4 million. Construction for the 99-year leasehold site will begin in...
Amara Holdings CEO Albert Teo will be the new president of the Real Estate Developers' Association of Singapore (Redas). Redas' annual general meeting was held last week, when the new management committee was elected. Following that, the president was picked by the management committee. Mr Teo is understood to be not present at last week's election but was represented. The management committee is...
Wing Tai has posted a 142 per cent jump in net earnings for the second quarter ended Dec 31, 2010 to $53.9 million, from $22.3 million a year earlier. The property and retail group's Q2 revenue rose 13 per cent year on year to $197.8 million. For the first half, Wing Tai achieved a 23 per cent year-on-year increase in net profit to $84.1 million, despite a 27 per cent drop in revenue to $328.8 million....
Mainboard-listed Yanlord Group and Reco Yizhong have jointly acquired a residential land site in Tianjin Jinnan District in China. Yanlord is a property developer specialising in developing high-end commercial and residential projects in Chinese growth cities, while Reco Yizhong is an affiliate of the Government of Singapore Investment Corporation (GIC) Real Estate. Both parties acquired the prime...
If you are a HDB owner looking to upgrade to a private property, wait a little longer before signing on the dotted line. This was the advice from Minister for National Development Mah Bow Tan. 'Housing prices are rather high now... if you wait for a while, you might find more affordable properties,' Mr Mah was quoted in an interview published in the Chinese daily Lianhe Wanbao. Mr Mah expects interest...