Edmund Tie & Company (ET&Co), as the sole marketing agent, is pleased to offer a prime ground floor strata commercial space at Coronation Shopping Plaza located at Bukit Timah Road for sale by tender. The prized commercial property enjoys excellent visibility at street level and high footfall of crowd from the surrounding affluent residential estates and prestigious schools. Tan Kah Kee and Botanic...

A prime commercial development site in Queenstown which once housed the iconic Queenstown Cinema at 250 Commonwealth Avenue was launched for sale by tender on Monday. The vacant plot has a land area of 3,001.2 square metres (32,305 square feet) and a 99-year lease commencing from Jan 1, 1975. It is located at the corner of Commonwealth Avenue and Margaret Drive, about 300 metres from Queenstown MRT...

Bugis' rejuvenation will deepen with two rare residential Government Land Sales (GLS) sites there launched for sale on Friday, and analysts believe the area's potential will draw keen developer interest. The location of these two plots within the Central Area also makes them unencumbered from the recently revised development control guidelines, which pare down the maximum number of units allowable for...

The manager of SPH Reit says it is hard to find good assets both locally and overseas, evidenced by the limited number of transactions completed in the market this year. Leong Horn Kee, chairman of the Reit manager, was asked by shareholders at the Reit's annual general meeting why it had only purchased a small strip mall like The Rail Mall this year, and whether it plans to ramp up its acquisitions...

Urban Redevelopment Authority (URA) released on Friday two residential sites and two other plots for mixed residential and commercial use which can yield a combined 1,915 private homes. The 99-year leasehold sites come under the government land sales (GLS) programme for the second half of 2018. They are all subject to the recently revised development control guidelines on maximum allowable dwelling...

Keppel Reit is selling a 20 per cent stake in Ocean Financial Centre to Allianz Real Estate for S$537.3 million, but will retain a majority 79.9-per cent interest in the property, its manager Keppel Reit Management said on Friday. This is the German insurer’s property investment arm’s first core office investment in Singapore. Independent valuer Cushman and Wakefield VHS had valued the property...

Singapore's real estate investment market has been ranked second in the Asia Pacific region in a real estate forecast jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC). This is due to a large number of major office deals in the last 12 months, with domestic investors being the biggest buyers, ULI and PwC said in a joint statement on Wednesday. The forecast report...

Faced with promised anchor tenants that did not show up, falling retail rents and low occupancy, owners at the mall where McDonald's Place at King Albert Park once stood have taken matters into their own hands. Current owner and tenant EagleWings Group will expand its footprint in the strata mall come December by opening a cinema called EagleWings Cinematics which boasts 153 seats, including a premium...

Property developer YTL Land & Development (YTL Land) is set to launch a 77-unit freehold condominium along Orchard Boulevard, with 53 apartments released for sale this Saturday, Dec 1. Located at 3 Orchard Boulevard, 3 Orchard By-The-Park is a short walk to the Singapore Botanic Gardens, and within the enclave of the Orchard Road shopping belt and amenities such as the Camden Medical Centre. The...

Prices of completed private apartments and condominiums in Singapore fell further by 0.6 per cent in October from the previous month, accelerating from a 0.2 per cent month-on-month drop in September. This is according to the National University of Singapore's (NUS) flash estimates released on Wednesday for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private...