Singapore's Mapletree Industrial has acquired a property in Tokyo, Japan. Sun East Shinonome Building is Mapletree's first industrial property in Japan. The company, which invests in industrial real estate across Asia, said the acquisition has enabled it to diversify the fund's country portfolio. The Sun East Shinonome Building is a freehold light industrial building with a gross floor area of about...
Location: Upper Thomson Road (District 26) Tenure: Freehold Year of Completion: 2012 Total Units: 479 (1 block of 14 storey, 3 block of 5 storey) Unit Types: 1 bedroom ~ 517 - 635 sqft 2 bedroom ~ 915 - 1,238 sqft 2 bedroom + PES ~ 969 - 1,238 sqft 3 bedroom ~ 1,184 - 1,518 sqft 3 bedroom + PES ~ 1,356 -1,776 sqft 4 bedroom ~ 1,625 - 2,077 sqft 4 bedroom + PES ~ 1,981 - 2,121 sqft Garden mansionette ~...
Location: 94 - 102 Holland Road (District 10) Tenure: Freehold Year of Completion: 2011 Site Area: 23,041 sqft Total Units: 21 (1 block, 5 storeys) Unit Types: 1 bedroom ~ 969 sqft (02 units) 1+study ~ 850 to 1,023 sqft (04 units) 3 bedroom ~ 1,539 to 2,594 sqft (10 units) 2 + study penthse ~ 2,476 sqft (01 unit) 3 bedroom penthse ~ 3,423 sqft (01 unit) 4 bedroom penthse ~ 4,446 to 4,499 sqft (03...
Property developer Far East Organization has launched a scheme to encourage start-ups at its shopping malls. Instead of paying rent, these tenants can issue preference shares to the developer for up to three years. Tenants at six Far East Organization malls – including the new Orchard Central – can now pay rent in shares, instead of cash. The other participating malls are Central, Far East Square,...
The tender for the collective sale of Dragon Mansion has been launched, the first such sale this year. The property is located at 18 Spottiswoode Park Road. In a statement, CKS Property Consultants said it has obtained consent from more than 80 per cent of the owners to proceed with the sale. The collective sale is expected to achieve in excess of S$120 million or S$1,020 per square foot per plot ratio....
The integrated resort at Sentosa is expected to open early next year, but it is already planning to stage its first event ahead of the soft launch. Resorts World at Sentosa has teamed up with children's charity ChildAid to host its fifth concert at the Festive Grand Theatre in December. Organisers have yet to confirm the budget for the three-day event, but the IR has already pledged to donate some...
The government has launched an industrial site at Kaki Bukit Road for sale by public tender. The land parcel was made available for sale through the reserve list system. URA said it has received an application from a developer who has committed to bid at least S$5 million for the site. The land parcel has a site area of about 1.07 hectare and a maximum gross plot ratio of 1 with a lease period of 30...
Property agents said on Tuesday that flat prices in opposition-held wards, Hougang and Potong Pasir, are likely to rise if they are selected for lift upgrading. This is after the government announced on Monday that the two are among the 65 precincts in Singapore that are eligible for the popular improvement programme this financial year. Selected precincts will be announced in two to three months. Once...
Singapore said Tuesday its economy grew for the first time in a year in the second quarter, led by biomedicals and electronics, suggesting the city was emerging from its worst ever recession. The economy soared 20.4 per cent in the three months to June compared with the first quarter on a seasonally adjusted annualised basis, the Ministry of Trade and Industry said, while raising its forecast for 2009. A...
Address: 865 Mountbatten Road Singapore 437844 Location: In the East Coast vicinity, in the prime residential estate of Katong. Easily accessible via ECP, about 10 minutes drive to city via ECP and public transport Description: 7-storey building with 4 levels of retail space Neat and clean office lift lobby Upgraded common corridors Please contact leasing officer at [email protected] or +65 9273 4834...