It’s confirmed — condo prices in areas like Marina and Sentosa are outpacing their mass-market cousins in neighbourhoods like Woodlands. Statistics from the Urban Redevelopment Authority, which for the first time is breaking down the prices of private homes by geography, show that there is a disparity of growth between the luxury and low-end markets. Last year, non-landed property prices in the prime...

The Cosmopolitan. An effortless combination of style, space and functionality on 113,000 square feet of freehold land.Conveniently located in River Valley, The Cosmopolitan is just across from Great World City and minutes away from Orchard Road, the CBD and major modes of transportation. From the outstanding architecture, with seven-storey-high lobbies, to lush foliage and water vistas, The Cosmopolitan...

Private residential prices rose by 3.8 percent during the fourth quarter of last year, which is up a touch higher than earlier estimates - taking the gains for all of 2006 to 10 percent - the highest annual growth in 8 years. For the first time, the URA has broken down the data according to 3 new geographical regions, and the numbers show that it was the high-end market that led the increase with a 25.4...

Two owners holding a combined 23 percent stake in Orchard Shopping Centre are seeking investors for their retail shops. The 18 units for consideration make up part of the ground floor and the entire second floor of the building, all facing Orchard Road. The move comes after Australia's Lend Lease bought the Somerset Central site next door for a record land price of S$1,455 per square foot, or a total of...

The Urban Redevelopment Authority (URA) has launched 11 land parcels of unrestored Kampong Glam conservation shophouses for sale. All except one of the land parcels are located at Jalan Sultan, bounded by North Bridge Road and Pahang Street. The remaining parcel is located at Jalan Klapa, bounded by North Bridge Road and Victoria Street. Successful bidders are required to restore and reconstruct the...

Retailers must re-look their marketing strategies and woo more international brands or risk being sidelined. That was the assessment by industry watchers, on the back of the impending 2 percentage point hike in the goods and services tax, and they also say that the possible tweak in the employer's CPF contribution and rising rentals could further cut profit margins. Shoppers are expected to cut spending...

CapitaMall Trust says its full year distributable income for 2006 amounted to more than S$169m. This translates to a distribution per unit of 11.7 cents. The distributable income for the three months to December is over S$52m or 3.4 cents per unit. In the new financial year, CapitaMall Trust says it will continue to pursue yield accretive acquisitions. It also says it's on track to achieve the target...

Several high-end condominium projects sited in the heart of Orchard Road will be officially launched this coming weekend. Developers say close proximity to the premium shopping belt will attract investors and home-buyers from both overseas and Singapore. A 100-year old banyan tree will be preserved and made a landmark for the freehold St Thomas Suites at St Thomas Walk. Located just off Killiney Road -...

Singapore's luxury property market is likely to continue its bull run in the first six months of this year, driven by buying from wealthy foreigners and locals, a property consultancy said on Tuesday. The market is expected to take a breather from the second half but would mount another strong rally from early 2009, when Singapore is scheduled to open its first integrated resort (IR), said Tay Huey Ying,...

Ardmore Park redefines modern luxury living with a stylish lavishness and exclusive address that is the definitive residence for the well established. The sprawling 8 acres make Ardmore Park one of the largest freehold sites in a prime residential location in Singapore and it is set on high land enjoying island wide views. Located at the most prestigious address in Singapore, Ardmore Park is designed to...