Co-working space The Great Room to open fourth Singapore location at Raffles Hotel

Singapore-based co-working space The Great Room (TGR) is opening at Raffles Hotel Singapore, its fourth location in the city state. This will be the first co-working space to be integrated in a six-star hotel, and will occupy 15,000 sq ft of space on level two of the restored Raffles Hotel Singapore, which will reopen in a few months. TGR offers flexible work space to multi-national corporations,...

AEW sells Rivervale Mall for S$230m to SC Capital Partners

US-based property fund manager AEW has sold Rivervale Mall in Sengkang for S$230 million, BT understands. The buyer is SC Capital Partners, a Singapore-based private equity real estate firm chaired by Suchad Chiaranussati, who is married to a niece of property and hotel tycoon Kwek Leng Beng. The price works out to S$2,833 per square foot based on Rivervale Mall's net lettable area (NLA) of 81,193 sq...

One Meyer

One Meyer is a convenient place to luxuriate in a broad spectrum of activities – retail, services and F&B. Indulge in your shopping spree or sink your tastebud into a global gastronomic adventure to experience life from a beautiful perspective. Sink your roots in the East. Excite your palate with delicious Peranakan cuisine, Northern Indian Tandoori, Italian pizzas, local delicacies and many more....

Standalone CBD building formerly known as Cecil House up for sale again after revamp

A standalone building at 139 Cecil Street is up for sale again via an expression of interest exercise after an extensive revamp, said real estate firms CBRE and JLL in a statement on Tuesday. An 18-month additions and alterations exercise by the building's owner has increased the number of floors from 11 to 16, with a restaurant on the ground floor and a pool on the roof terrace. The building is...

Singapore condo resale prices up 0.5% in February from January: SRX

Singapore condo resale prices increased for the first time in February, up 0.5 per cent from January, after two consecutive months of cooling in December and January, according to monthly figures from real estate portal SRX Property on Tuesday. It was the largest price increase since July 2018, with year-on-year prices up by 4.6 per cent compared to February 2018. Prices were up 0.2 per cent in the...

Treasure at Tampines

Location: Tampines Street 11 (District 18) Tenure: 99 years leasehold Year of Completion: 2023 Site Area: approx 648,889 sqft Total Units: 2203 Unit Types: 1 bedroom ~ 463 sqft 1 + study ~ 484 sqft 2 bedroom ~ 581 to 614 sqft 2 + study ~ 678 sqft 2 bedroom premium ~ 657 to 678 sqft 3 bedroom ~ 818 to 947 sqft 3 bedroom premium ~ 1,012 to 1,087 sqft 4 bedroom ~ 1,238 to 1,270 sqft 4 bedroom premium ~ 1,270...

Selegie Centre sells en bloc for $120 million

The freehold Selegie Centre in prime District 7 has been sold en bloc at its reserve price of $120 million. This deal - the development's third attempt at a collective sale - is at a land rate of $1,942 per square foot per plot ratio (psf ppr). It means owners of the 84 sq m apartments there will reap about $1.7 million while shop owners can expect between $1 million and $12 million, depending on the...

Yotelair to open its first Asian airport hotel at Jewel Changi next month

Yotelair, which is known for its creative cabins and smartbeds, will open its first Asian airport hotel at the newly built Jewel Changi on Apr 12. The brand is already present in five other airports, including London's Gatwick and Heathrow, Amsterdam's Schiphol, Paris' Charles de Gaulle and Istanbul. “We are tremendously excited to open our first Yotelair in Asia here in Singapore, and even more so...

Goodluck Garden’s dissenting owners’ appeal dismissed, en bloc to proceed

Goodluck Garden's en bloc is still on after an appeal by dissenting owners was dismissed by the Court of Appeal on Thursday. This follows a lengthy dispute over the fate of the condo, which Qingjian Realty bought for S$610 million in March 2018. Some owners had registered objections leading to the Strata Titles Board (STB) issuing a stop order. It received the green light from the High Court in...

HDB resales drop in February, with no change in prices: SRX

HDB resale transactions resumed their downtrend in February amid the Chinese New Year lull, after January enjoyed the first month-on-month increase in sales since last July's cooling measures. Last month, 1,313 HDB resale flats changed hands, 15.8 per cent less than in January, according to flash estimates from real estate portal SRX on Thursday. Year on year though, last month's sales volume was 9.9...

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