Resale prices of Singapore non-landed private residential properties picked up slightly in September after a previous tepid month, while volume of sales inched down further from August, according to monthly figures from real estate portal SRX Property released on Tuesday. Overall condominium resale prices rose 0.8 per cent in September from a year ago. All regions also saw higher prices year on year....

A good class bungalow (GCB) in Kilburn Estate in District 21 will be put on the market again at an unchanged guide price of S$23 million, marketing agent Knight Frank Singapore said on Tuesday. The guide price works out to about S$1,216 per square foot, based on a land area of 18,911 sq ft. It is an owner’s sale. A public auction for the bungalow will be held on Oct 16 at 2.30pm at Amara Hotel, Level...

South-East Asian real estate portal PropertyGuru, which counts buyout firms TPG Capital and KKR among its backers, has announced its intention to list on the Australian Securities Exchange (ASX), which will fund potential expansion plans such as an online mortgage marketplace and data offerings. In a prospectus lodged on Monday, the Singapore-based property technology (proptech) firm gave an indicative...

Bugis Cube has been put up for collective sale via a public tender exercise at a reserve price of S$230 million, marketing agent Cushman & Wakefield said on Monday. Located at 470 North Bridge Road, Bugis Cube is a six-storey commercial building with a basement floor car park. It has 119 strata-titled retail shops, including food and beverage (F&B) outlets; beauty, hair and nail salons; and a family...

It took a matter of three days for the proposed S$1.2 billion merger between Ascott Residence Trust (ART) and Ascendas Hospitality Trust (A-HTrust) to be approved and unveiled to the public. The merger of the two Reits had been subject to much speculation since January after ART's parent, CapitaLand - one of Asia's largest real estate companies - announced its S$11 billion acquisition of...

With an unparalleled location in the heart of Prime District 10, Royalgreen is a rare collection of 285 exquisite homes in a low-rise, low-density setting. A thoughtfully curated suite of facilities, including a 50 metre lap pool and a rooftop tennis court, lets residents relax while enjoying the lush, tranquil surroundings. 2 to 4-bedroom unit types with practical layouts add to the overall quality of...

NUS Director of the Institute of Real Estate and Urban Studies Sing Tien Foo gives his take on the effects of the new housing grant and higher income ceilings. Public housing has played an important role in building a social compact that holds Singapore’s society together. More than 78.7 per cent of resident households in Singapore live in flats built by the Housing and Development Board (HDB) in...

The coworking business is here to stay notwithstanding the recent woes of coworking giant WeWork that has forced it to pull the plug on an initial public offering, according to separate reports from Jefferies and DBS. A Credit Suisse report earlier this week said poor sentiment on the company could further damp demand for coworking spaces amid slowing gross domestic product growth, hurting office Reits...

The e-commerce and logistics sector accounted for 44 per cent - the biggest chunk - of occupied warehouse space in Singapore, according to a Colliers International report on Thursday. The third-party logistics (3PL) and logistics sector comprise e-commerce firms, freight forwarders, transport agents, supply chain and logistics support companies, delivery services and storage services. Other warehouse...

Fewer Housing Board (HDB) resale flats were sold in September compared with the previous month, and their prices fell. In all, 1,875 such flats changed hands, a 4.9 per cent fall from the figure in August, real estate portal SRX Property said on Thursday when releasing its preliminary figures. Compared with a year ago, last month's decline was 6.3 per cent. Four-room flats made up 39.6 per cent of...