An executive condominium (EC) site along Anchorvale Crescent received seven bids at the close of the tender on Friday (Sep 14), with just S$899 separating the two highest offers. The top bid ofS$318,888,899 was submitted jointly byEvia Real Estate and Gamuda (Singapore), with the second highest offer of S$318,888,000 from CNQC Realty (Treasure) Investment. The 17,137-sq-m land parcel can yield a...

A residential property is the biggest financial asset most of us will own. Before purchasing a property, it is important to know how much you can borrow, understand the types of mortgage packages available, and what your options are when interest rates rise. How much can you borrow? There are several online resources that can help you calculate how much you can borrow from a bank based on the total...

My childhood days were spent in a pre-war shophouse owned by my great-grandparents, who operated a traditional Chinese medical hall on the ground floor, and resided on the upper levels. I spent many a carefree afternoon playing with other children in the rear court, roaming along the five-foot way and hiding, up in the attic. Even though this row of traditional shophouses along Upper Bukit Timah Road...

The latest cooling measures will put a dampener on residential collective sales, which have been driving big-ticket property transactions since the second quarter of last year. Given the volume of money in the global system in search of investible assets, investor attention may turn towards the industrial and commercial sectors, where regulations on the purchase and sale of properties are not as onerous...

For those investing for inter-generational wealth transfer, the abundance of overseas properties with freehold tenure is a big draw. The spread of overseas property investment options is staggering. Locations range from Sydney to London to New York and many cities in between. The array of property types include the familiar segments such as residential, office and retail shops, and the somewhat exotic...

Singapore's retail sector has been subdued since Q4 2011 when retail rents peaked; just as the famed integrated resorts were freshly completed, tourists from China came in droves and suburban malls flourished as they began to showcase similar offerings as those in the prime district of Orchard Road. However, towards end-2013, the narrative changed. Consumers began migrating online, as they sought better...

Another development cycle has passed and all the metrics show Singapore's office market is on another upward cycle. Historically, the Singapore Grade A office market runs on a two-to-three year range rental cycle. This is very much to do with the short-run economic cycles and the tight control by the Singapore government over office land sales. But there are signs that this trend could be a thing of the...

The tender for Horizon Towers - the first major en bloc exercise to close after July's property cooling measures - ended on Wednesday without a single bid. While strong interest was not expected given the tough measures introduced on July 6, the absence of any bids from developers added to the disquiet in the en bloc market, especially big estates eyeing billion-dollar tabs. Horizon Towers' marketing...

HSBC Singapore has announced that it will be relocating its head office to Marina Bay Financial Centre (MBFC) Tower 2 from its current premises at HSBC Building, This is to accommodate the company’s rapid growth plans. HSBC Singapore will occupy about 140,000 sq ft over the top floors of the 50-storey building. Fit-out work is expected to start in the second half of 2019, with target occupation by...

Given the recent cooling measures affecting residential property purchases in Singapore, some investors could turn to alternative real estate investment classes such as industrial properties. This segment has opportunities, areas of growth, as well as challenges. Location is also a very important consideration. One area in Singapore that is attracting the attention of investors and industrialists is...