Two freehold commercial shophouses located separately at 148 Neil Road and 114 Jalan Besar have been put up for sale via an expression of interest exercise, exclusive marketing agent CBRE said on Wednesday. The two-storey Neil Road shophouse has a guide price of S$15.5 million. It includes a basement and attic level, and sits on a freehold site of about 1,587 square feet (sq ft), with a total built-up...

Singapore's condo resale prices rose 0.4 per cent in May from April, rising for the fourth consecutive month, according to monthly figures from real estate portal SRX Property released on Tuesday. The increase in May follows a 0.8 per cent gain in April, which was adjusted from its initial 0.9 per cent flash estimate. Price gains of non-landed private homes were led by the city fringes, or rest of...

Sky Everton is a 36-storey exclusive freehold tower located at Everton Road in the highly sought-after Tanjong Pagar enclave. It is set right on the edge of the city enjoying incomparable convenience when comes to travelling to your desired destination. Outram Park and future Cantonment MRT Stations are just a stone’s throw away. Working professionals will appreciate the easy and short commute to reach...

From Tuesday (Jun 11), those looking to buy a balance flat from the Housing and Development Board (HDB) can view the online listing at any time of the year and book a flat as early as a day after making an application. This new option of an "open booking", first announced by National Development Minister Lawrence Wong in February, would allow more home buyers to move into their flats earlier, said HDB...

APAC Realty, which operates the ERA brokerage brand here and across the Asia-Pacific, has invested S$1 million in proptech startup Dots Connected via a three-year convertible note that comes with no interest. A convertible note is a form of debt that comes with an option to be converted into equity. Dots Connected owns UrbanZoom, an artificial intelligence driven auto-valuation platform for real estate;...

Five adjoining freehold prime shophouses situated in the Kampong Glam conservation area have been put up for sale via an expression of interest exercise, at an indicative price of S$23.8 million for the entire portfolio. This works out to S$2,970 per square foot (sq ft), sole marketing agent CBRE said on Monday. As the property is also zoned as full "commercial" under the 2019 Draft Master Plan,...

Starhill Global Reit is keeping the base rent unchanged for the Toshin master lease at Ngee Ann City for the next three years starting from June 8, 2019, under its latest rent review, the real estate investment trust’s (Reit) manager announced on Saturday in a bourse filing. Toshin is the master tenant occupying all retail areas except level five of Ngee Ann City for the 12-year period from June 8,...

Singapore-listed real estate firm City Developments Ltd (CDL) announced on Friday (Jun 7) another attempt to buy Britain's Millennium & Copthorne (M&C) Hotels, this time for £2.23 billion (S$3.9 billion). The offer represents a premium of about 37 per cent to M&C's closing price of 500 pence on Thursday. Currently, CDL owns approximately 65.2 per cent of M&C. This offer is final and will not be...

JTC will launch a tender for an industrial site at Tuas South Link 3 (Plot 19) after receiving an application with a committed bid price of not less than S$2 million. As the minimum price committed by the applicant is acceptable to the government, the site is being released for public tender, JTC said on Friday. The identity of the applicant was not disclosed. The site, which has a 20-year tenure,...

There were more Housing Board (HDB) resale flats sold in May compared with April, though resale prices showed a slight dip month-on-month. Last month, 2,075 HDB resale flats changed hands, a 7.5 per cent increase from the 1,931 transacted units in the month before, according to flash estimates from real estate portal SRX released on Thursday. Resale volume was 18.3 per cent higher in May than the...