Millennium & Copthorne Hotels New Zealand completes Auckland hotel deal

Millennium & Copthorne Hotels New Zealand said it has completed its purchase of the Copthorne Hotel Auckland Harbourcity. But in a filing to the Singapore Exchange, it said the price of the deal was confidential. Millennium & Copthorne is funding the purchase with cash and a new loan facility. The area around the Copthorne Hotel Auckland Harbourcity is now a focal point for entertainment and...

L’VIV @ Newton Road

Experience luxe urban living like never before Soaring through the night sky in a dazzling beacon of light, L'VIV is set to take chic city living to new heights. Located in the prime residential enclave of Newton, this exclusive boutique development boasts prime views of the city from each tastefully appointed apartment. It also features 4 distinct lifestyles suites on the 24th storey, perfect for...

Construction of Solaris has begun

Construction of Phase 2B of Fusionopolis has begun with the ground-breaking ceremony for a 15-storey building called Solaris. It is being developed by Soilbuild Group - the first private sector developer at Fusionopolis cluster at one-north. Its $148-million new building will cover :an estimated gross floor area of 540,000 square feet and is slated for completion in 2010. It will house research...

Tender for Phase 3 of Fusionopolis will open by H2

Singapore is seeing an overwhelming demand for research and development space, particularly from the info-communication, media and science sectors. So to meet the growing need, the government said it will expand the Fusionopolis cluster at one-north. This was revealed at the ground-breaking ceremony of Phase 2B of the development on Friday. The ground-breaking marks the start of Phase 2B of...

Are we looking at buildings only as money-spinners?

I READ “It’s the end of the Storey” (June 27) with disbelief. How serious are we as a nation about preserving what little is left of our heritage? What, exactly, are these “engineering constraints” that make it impossible to construct the Downtown Line without demolishing the New 7th Storey Hotel? Since the Bugis station already exists, would it be fair to say that they will just be doing works...

Don’t let it die

Shouldn’t technology be able to save the New 7th Storey Hotel? I REFER to “It’s the end of the Storey” (June 27) and I want to express my utmost disappointment at the imminent demolition of the New 7th Storey Hotel (picture) along Rochor Road. It is hard to understand that with the advance in building technology why this is the only engineering solution to resolve the situation; we have even seen...

Gillman Heights en-bloc sale to move ahead following court’s ruling

AFTER three months of deliberation, Justice Choo Han Teck has delivered a 31-page judgment that - for now - signals the end of the Gillman Heights en-bloc saga. However, it was not the outcome hoped for by the 22 minority owners seeking to scupper the S$548 million deal. The judge said the specific issue was not one concerning protection for the minority, but “whether a privatised HUDC estate can...

CapitaLand acquires 62% of KL’s Sungei Wang Plaza for S$250m

Property developer CapitaLand has acquired about 62 per cent of Sungei Wang Plaza, one of the most established retail malls in Kuala Lumpur. It paid about S$250 million for the purchase, which includes retail space and parking lots. Sungei Wang is a prime freehold property along the main Bukit Bintang shopping precinct in the Malaysian capital. The mall has close to 100 per cent occupancy and sees more...

Meyer Residence

Set in the East Coast of Singapore, far away from the maddening crowd, is the Meyer Residence. The high rise freehold condominium is a fine example of modern sophistication and elegance in today's fine living. Location: 3 Meyer Place (District 15) Tenure: Freehold Year of Completion: 2009 Total Units: 68 Unit Types: 2 bedroom ~ 904 sqft 2+1 bedroom ~ 1,055 sqft 3 bedroom ~ 1,152 sqft Facilities:...

CapitaLand seeks Vietnam land as prices fall

CapitaLand said land prices in Vietnam and India have fallen by as much as 15 per cent this year, making it easier to get sites now than a year earlier. There may be more opportunities in “greenfield sites”, chief investment office Kee Teck Koon said at a property conference held here yesterday. CapitaLand is also looking at expanding in Japan, where it may acquire properties and set up funds for...

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