Luxuriant, spacious, comfortable. This designer bungalow is nestled within the green quiet lanes of Braddell Heights Estate, a prime district of prestigious and exclusive bungalows. Calling 10A home says quietly but succinctly that “you have arrived”. 6 ensuite bedrooms to keep even a big family settled and happy. A huge living room with full height windows. A cosy dining area. A dry and a wet...
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Aztech Group says it plans to venture into the property development, building construction and property management businesses, in line with the group’s long-term strategy of diversifying its business. The group believes “that the economic growth in the Asia-Pacific region has led to an increase in the demand for services in these new business areas and that the new business would have bright prospects...
Increased sales strongly suggest that buyers are convinced property prices have bottomed, or are low enough for them to re-enter the market, writes EMILY ENG GIVEN the recent euphoria in the residential market, it is no surprise that it has become a hot topic of discussion. Isn't Singapore still in recession, people wonder. Unemployment is still high, with an estimated 116,600 jobless residents as at June...
Prices have more than doubled over the last decade PRICES of good class bungalows (GCBs) have picked up strongly since early this year, topping prices fetched in the last property peak in 2007. GCBs are owned by a select group of wealthy individuals, who may well own more than one such bungalow. There are an estimated 2,500 GCBs in Singapore today. By definition, GCBs need to have a plot size of at least...
Buyers took advantage of lower prices, which have corrected by some 20 to 30% from the peak, and low interest rates to buy their dream landed homes A HOME these days has become more of a lifestyle statement and status symbol than just a roof over one's head. And what could answer both aspirations better than a plot of freehold land where the owner can dictate every last detail in a custom built house? So...
Mainboard-listed Asia Food & Properties (AFP) on Thursday said it is planning a demerger of its China property business. The firm's China property business will now be held under a new unit called Bund Center Investment, which will be listed on the Singapore exchange. The demerger will take place through a capital reduction in AFP, and a distribution of shares in the capital of Bund Center Investment...
The government has accepted an application from a developer to put up a residential site at Upper Thomson Road for public tender. The land parcel is near Lower Peirce Reservoir Park and Bishan Park. With a site area of about 2.08 ha, the land parcel can generate a maximum permissible gross floor area of 43,781 sqm. It is being offered under the Reserve List of the Government Land Sales programme. Under...
Another collective en-bloc residential site is up for sale by tender. Meyer Place, off Meyer Road, is expected to fetch more than S$65 million, according to its marketing agent Cushman and Wakefield. The site has a land area of 28,167 square feet. Based on its maximum allowable plot ratio of 2.1, and with a potential development charge payment of S$3 million, the site will cost about S$1,100 per square...
Mapletree Investments said it has pre-leased 40 per cent of the office space at its Mapletree Business City. Mapletree said it's talking to more potential clients who may take up another 15 per cent of space before the project is completed mid next year. Topping out the Mapletree Business City, the company already has another reason to celebrate. Fourth-tenths of some 1.7 million square feet of office...
The prime freehold land is located near Cairnhill Road and is close to the Orchard Road shopping district and Anglo-Chinese School (Junior). Accessibility to and from the property is enhanced by its proximity to the Central Expressway. It is designated for an exclusive high-end development which offers 158 units with full facilities. Location: 12 Cairnhill Rise (District 9) Tenure: Freehold Year of...