Retail rents expected to drop by 4 to 14% in 2020, but new tenants not likely to rush in

With the retail sector one of the hardest hit by the Covid-19 pandemic, property analysts are expecting retail rents to decline by between 4 and 14 per cent for the whole of 2020. Despite the drop in rents, they do not expect retailers to take up vacant lots, especially in prime shopping malls in the central region. Analysts expect rents in prime malls in areas such as Orchard Road to drop by between...

15 Holland Hill

Perched on two hilly acres, come home to a haven of freehold luxury. At 15 Holland Hill, experience sophisticated living tucked away in the tranquillity of nature, while still being minutes away from the excitement of the city. 15 Holland Hill is located within 3-mins drive to Holland Village, a famous...

No need to ease existing cooling measures on ‘stable’ property market: MAS chief

Despite the economic slump as a result of the Covid-19 pandemic, the existing cooling measures for the property market will stay, the head of Singapore’s central bank said. Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said that this is because the property market has remained stable as a result of previous property curbs. There are also the temporary relief measures...

Liang Court redevelopment project moves to next step

CDL Hospitality Trusts (CDLHT) has completed the sale of its entire stake in Novotel Singapore Clarke Quay, while Ascott Residence Trust (ART) has sold its interest in the land which includes Somerset Liang Court Singapore. These form part of the transaction for the Liang Court site’s redevelopment - by a consortium comprising real estate heavyweights CapitaLand Limited, City Developments Limited...

Some BTO flats may be delayed up to nine months: HDB

Retail sales assistant Joyce Loh and her husband were supposed to get the keys to their new Build-To-Order (BTO) flat in Bukit Batok last month but will now have to wait till the start of next year. Their block in West Plains @ Bukit Batok is one of several in BTO projects facing a longer delay of up to nine months, in a revision of an earlier estimation of six months, the Housing Board (HDB) told The...

Pullman Residences

Pullman Residences Newton is a luxurious property that has excellent attributes, such as its location. It offers easy access to Newton MRT and the many amenities and facilities in the immediate neighborhood. The facade of the building manifests as an impressive modern architectural design done by renowned ADDP Architects. The structure exudes an air of class, elegance, and prestige. A total of 340 household...

The Peak @ Cairnhill II

Let your home define your stature. Towering above at 18 storeys, The Peak @ Cairnhill II is exquisitely designed to symbolise the high life within your reach. With magnificent craftsmanship that illuminates Cairnhill Circle, the development boasts 60 units of majestic grandeur. Come home to cosy comfort after a day’s excitement. Your private enclave is designed to reflect sophistication with the intricate...

Green Court in Geylang relaunched for en bloc sale; owners expect more than S$28m

Green Court, a freehold mixed-use development along Geylang Road, has been relaunched for collective sale by tender, sole marketing agent Knight Frank Singapore said on Wednesday. It was previously launched for sale by tender in January, with owners also expecting offers above their S$28 million reserve price. Including an additional development charge of about S$5.24 million payable to the...

Alana

The word for “precious, beautiful, serene and awakening”, Alana is nothing short of what its name implies. Where modern architectural elements mingle effortlessly with rich, unspoiled landscaped textures one would naturally find on a remote Pacific island, Alana presents you with a refreshing take on luxury landed living in the heart of Sunrise Terrace. A balanced, fluid layout reminiscent of a chain of..

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