General

After an arduous en bloc journey lasting years, Pine Grove is finally up for collective sale - with an asking price of S$1.86 billion. Given the size of the price tag and scale of the redevelopment - possibly yielding more than 2,000 units - the former HUDC project along Ulu Pandan Road will be a litmus test for developers' appetite for billion-dollar deals. Despite the more cautious mood in the en...

The owners of Peace Centre/ Peace Mansion have put the prime mixed development site at 1 Sophia Road up for tender again, with a reserve price of S$688 million, or about S$1,474 per square foot per plot ratio (psf ppr). Peace Centre/ Peace Mansion (PCPM) sits on a 76,617 square feet site, with a gross floor area of slightly over 600,000 sq ft. The property has 32 floors, with Peace Centre being a...

Pine Grove will launch on Tuesday the long-awaited collective sale for the 660-unit condominium located in the Holland Road cluster at a reserve price of S$1.86 billion. The collective sale's reserve price translates to a land rate of S$1,307 per sq ft per plot ratio (psf ppr), after factoring in differential and lease upgrade premiums payable on a maximum permissible gross floor area of about...

In the heart of Singapore, there is a sprawling, vacant plot of private land 30 times the size of The White House. Just down the road from the US embassy and bordering condominiums worth as much as S$4.5 million per unit, the swathe of untended jungle hides the remains of two abandoned palaces and would be worth a cool S$4.7 billion if sold for development, according to one estimate. In a city where...

Home prices in Singapore are unlikely to stage a rapid rebound after the government imposed further property curbs in mid-2018, the finance chief of the country's largest developer said. "If we see a 5 per cent increase in home prices, I think that will be a pretty good year for the Singapore residential market," CapitaLand chief financial officer Andrew Lim said in an interview with Bloomberg...

Even in an era of startups, digital disruptors and online everything, traditional established companies don't have to take a backseat and get left behind. Instead, they can face and fight the competition, and do things a notch better with their experience and expertise, which fly-by-night newcomers may not have. For instance, within the OrangeTee group, OrangeTee & Tie, Singapore's third-largest real...

Nestled in prime District 10 along Orchard Boulevard, Boulevard 88 is an exclusive freehold address beyond compare. Experience the privilege of open spaces that offer comfort and tranquility in a stunningly crafted sanctuary. The iconic residential towers are elevated to provide unrivalled views, now yours to own. Spanning the two residential towers at the top is the Sky Boulevard, creating a dramatic tall...

Singapore's first new-generation neighbourhood centre officially opened in Punggol on Sunday (Feb 17), offering residents access to a variety of amenities ranging from a supermarket, a food court, a 24-hour fitness centre as well as various shops and food and beverage outlets. The seven-storey Oasis Terraces, located next to Oasis LRT and facing Punggol Waterway, is also the first neighbourhood centre...

Sales of private homes by developers in Singapore got off to a slow start in 2019, in part due to fewer buyers over the festive period. Developers sold 433 units in January, down 17.8 per cent from the 527 homes sold the same time last year, Urban Redevelopment Authority (URA) data showed on Friday (Feb 15). January's sales were also 28 per cent lower than the 602 units sold in December, excluding...

A batch of six adjoining and refurbished strata offices at International Plaza in Tanjong Pagar are up for sale with a guide price of S$11.97 million. They are available on a sale and leaseback scheme with immediate annual gross rental yield of 4.2 per cent for at least five years, said marketing agent Colliers International in a press statement on Friday. The guide price works out to S$1,850 per...