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Sim Lian to open mega Treasure At Tampines condo for preview

Treasure at Tampines, the 2,203-unit condominium coming up on the site of the former Tampines Court HUDC estate, will be available for preview this Friday, with sales slated to start later this month at an average price of approximately S$1,280 per square foot (psf). Developer Sim Lian Group, which acquired the collective sale site for S$970 million in 2017, said the condominium will be Singapore's...

Co-living company Hmlet partners BS Shenton to lease Lumiere condominium units

Co-living company Hmlet has partnered accommodation provider BS Shenton to lease the top 10 floors of luxury condominium Lumiere, in a bid to expand its unit offering in the central business district. This partnership adds 60 beds from Lumiere to Hmlet’s portfolio, bringing its total beds to 1,000 by early June 2019. Yoan Kamalski, CEO and co-founder of Hmlet, said that the company has seen a...

Singapore condo and HDB rents stagnant in February; rental volume falls: SRX

The rental market for non-landed private properties and HDB flats in Singapore remained stagnant in February, with volume in both markets recording a double-digit drop month on month, going by flash estimates from real estate portal SRX on Wednesday. OrangeTee & Tie head of research and consultancy Christine Sun noted that the fall in rental volume could be seasonal, as was similarly observed in 2018,...

Claremont Hotel back on sale with lower asking price

Claremont Hotel, a freehold eight-storey development along Serangoon Road, is back on the market for a second time with the seller eyeing offers in excess of S$70 million. The 90-room budget hotel, near the junction of Owen Road, was previously put up for sale back in July 2016 for S$90 million. The property occupies a land area of 4,838 square feet and an estimated gross floor area of 30,591 sq ft....

Co-working space The Great Room to open fourth Singapore location at Raffles Hotel

Singapore-based co-working space The Great Room (TGR) is opening at Raffles Hotel Singapore, its fourth location in the city state. This will be the first co-working space to be integrated in a six-star hotel, and will occupy 15,000 sq ft of space on level two of the restored Raffles Hotel Singapore, which will reopen in a few months. TGR offers flexible work space to multi-national corporations,...

AEW sells Rivervale Mall for S$230m to SC Capital Partners

US-based property fund manager AEW has sold Rivervale Mall in Sengkang for S$230 million, BT understands. The buyer is SC Capital Partners, a Singapore-based private equity real estate firm chaired by Suchad Chiaranussati, who is married to a niece of property and hotel tycoon Kwek Leng Beng. The price works out to S$2,833 per square foot based on Rivervale Mall's net lettable area (NLA) of 81,193 sq...

One Meyer

One Meyer is a convenient place to luxuriate in a broad spectrum of activities – retail, services and F&B. Indulge in your shopping spree or sink your tastebud into a global gastronomic adventure to experience life from a beautiful perspective. Sink your roots in the East. Excite your palate with delicious Peranakan cuisine, Northern Indian Tandoori, Italian pizzas, local delicacies and many more....

Standalone CBD building formerly known as Cecil House up for sale again after revamp

A standalone building at 139 Cecil Street is up for sale again via an expression of interest exercise after an extensive revamp, said real estate firms CBRE and JLL in a statement on Tuesday. An 18-month additions and alterations exercise by the building's owner has increased the number of floors from 11 to 16, with a restaurant on the ground floor and a pool on the roof terrace. The building is...

Singapore condo resale prices up 0.5% in February from January: SRX

Singapore condo resale prices increased for the first time in February, up 0.5 per cent from January, after two consecutive months of cooling in December and January, according to monthly figures from real estate portal SRX Property on Tuesday. It was the largest price increase since July 2018, with year-on-year prices up by 4.6 per cent compared to February 2018. Prices were up 0.2 per cent in the...

Treasure at Tampines

Location: Tampines Street 11 (District 18) Tenure: 99 years leasehold Year of Completion: 2023 Site Area: approx 648,889 sqft Total Units: 2203 Unit Types: 1 bedroom ~ 463 sqft 1 + study ~ 484 sqft 2 bedroom ~ 581 to 614 sqft 2 + study ~ 678 sqft 2 bedroom premium ~ 657 to 678 sqft 3 bedroom ~ 818 to 947 sqft 3 bedroom premium ~ 1,012 to 1,087 sqft 4 bedroom ~ 1,238 to 1,270 sqft 4 bedroom premium ~ 1,270...

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