When job search engine Indeed opened a product development centre in Singapore at the start of this year with just one staff member, it decided to secure co-working space for up to 15 people. In June, it upgraded to a office suite for up to 50 people, and by November, it is looking to move to an even bigger dedicated office space for 150 staff — all within the co-working space at WeWork’s Beach...

In what is a record for asking price of collective sale sites, residents at the Pandan Valley condominium have agreed on a reserve price of S$2.6 billion in another collective sale attempt. Analysts said the 623-unit development’s price tag — set during Saturday’s (Sept 8) second Extraordinary General Meeting (EOGM) which TODAY attended — sets a “new benchmark” in the asking price of...

An imagined Housing Redevelopment Board may have more schemes to provide more options for home owners to monetise their old flats but the housing announcements at the National Day Rally provides a heartening start, say two observers from the NUS Institute of Real Estate Studies. “We will continue to transform our city … and in 30 to 40 years’ time, we will rebuild our existing towns,” said Prime...

East Court is the latest development to launch for collective sale on Sept 10. The owners have set a minimum price of $19 million. This will be East Court's first collective sale attempt, says marketing agent OrangeTee & Tie. The eight-unit, freehold apartment development on Koon Seng Road in district 15 sits on a 13,351 sq ft plot that is zoned for residential use, and has a gross plot ratio of 1.4....

The weekend preview of JadeScape, Qingjian Realty’s latest residential project, drew a crowd of 9,000 people to its sales gallery over the two days from Sept 8 to 9. The 22,000 sq ft sales gallery located in Bishan features JadeScape’s smart home and smart estate management features as well as its “Gold Standard” elderly-friendly units that is ideal for multi-generational residential...

Inits latest expansion beyond the Asia-Pacific, Ascendas-Singbridge Group has bought a portfolio of 33 high-quality office properties in the US for an undisclosed sum, marking its entry into the US market. These properties - spread across Portland, Raleigh and San Diego - have a total net lettable area of about 3.3 million sq ft, and are centrally located in the three cities with an overall portfolio...

The High-Speed Rail (HSR) between Kuala Lumpur and Singapore would have been a bonus for the Jurong area. But now that the project is postponed, property analysts and businesses do not believe it will have a significant impact on the prices of homes, retail or office buildings. When the railway is eventually built, retail property, in particular, may get a slight boost in value from the expected...

HDB resale prices rose 0.1 per cent in August from July, according to flash estimates by real estate portal SRX Property on Thursday. August is the first full month since surprise measures aimed at cooling the private residential market took effect in early July. But it is also traditionally a quieter month, as it coincides with the month-long Hungry Ghost Festival. Prices in August have dipped 1.7...

CapitaLand was recognised as the best real estate developer in Singapore for the second consecutive year according to the Euromoney Real Estate Survey 2018. The survey, now in its 14th year, is a ranking of leading firms involved in the real estate sector worldwide. Bagging a total of four awards, CapitaLand was also voted Singapore's top real estate developer in the retail and mixed sector...

The redevelopment of ageing properties is an important stage in the life cycle of urbanised cities with limited land supply. For a small country like Singapore, when houses built in the country’s early years age, redevelopment becomes increasingly pertinent both from an economic and urban renewal perspective. Ageing houses, if not redeveloped, have significant implications for the community and...