real-estate

Bordering leafy Hyde Park, Mayfair is an upscale district of elegant Georgian townhouses. It is an affluent area in the West End of London. The Mayfair architecture is an understated expression of timeless beauty. This concept has been specially brought to Singapore, known as the Mayfair Gardens. Mayfair Gardens seeks the perfect balance between the old and the new. The exquisite flavour of Mayfair London...

A freehold residential landed site in Upper East Coast is launched for sale with an asking price of S$26 million, the sole marketing agent - Edmund Tie & Company said on Monday. The land price works out to S$$914 per square foot (sq ft) for the 28,449 sq ft plot in Jalan Haji Salam, which is zoned for three-storey mixed landed housing. Subject to planning approval, it can be redeveloped as any...

Qingjian Realty (South Pacific) Group said that it has sold 300 units at the JadeScape condo as at 2pm Sunday, Sept 23. Sales began on Saturday morning. Interest was balanced across all unit types and the average transacted price is S$1,700 per square foot, it added. Under the first phase of sales, Qingjian Realty has released 480 of the development's 1,206 residential units. The 99-year...

BlackRock real estate fund has acquired seven strata office units in Prudential Tower for about S$130 million from consortium Epic Land. Prudential Tower is a 30-storey Grade A commercial property in the heart of the Central Business District (CBD). John Saunders, head of Asia-Pacific for BlackRock Real Estate, said: “We are delighted to have acquired strata office floors of Prudential Tower in the...

Yuen Sing Mansion at Nos 6A – 10c Geyland Lorong 13, has been launched for sale by tender by marketing agent JLL. The freehold four-storey development comprises nine apartments built on a regular shaped plot. All the owners have consented to the collective sale and no Strata Titles Board approval would be required. The owners are expecting bids in excess of S$17 million, which reflects about S$779...

Barring unforeseen circumstances, it will take around five years for the market to fully absorb almost 46,000 private residential units that could potentially come onstream by 2020. And as a result of the "sedate" property market, developers are adopting a more "prudent approach" when acquiring land and allocating capital, said Real Estate Developers' Association of Singapore (Redas) president Augustine...

Two freehold condominium developments near the prime Orchard Road district will make another bid at an en bloc sale, Colliers International said on Monday (Sep 17). Grange Heights in St Thomas Walk will be launched for sale at S$820 million, while Cairnhill Astoria will be put on the market for S$196 million. This is the second attempt at a collective sale by Grange Heights owners. Depending on the...

Former HUDC estate Laguna Park has been put up for collective sale at a reserve price of S$1.48 billion, marketing agent Knight Frank Singapore said on Monday (Sep 17). This is the third time owners of the development at Marine Parade Road are attempting an en bloc sale, after two earlier shots in 2007 and 2010. The 99-year leasehold development was built in 1978 and comprises seven blocks of 506...

Sales of new private homes fell 50.6 per cent year-on-year in August on the back of cooling measures introduced by the Government in July. Excluding executive condominiums (ECs), developers sold 616 units in August, about half the 1,246 units sold in the same month a year earlier, according to data released by the Urban Redevelopment Authority on Monday (Sep 17). On a month-on-month basis, sales...

My childhood days were spent in a pre-war shophouse owned by my great-grandparents, who operated a traditional Chinese medical hall on the ground floor, and resided on the upper levels. I spent many a carefree afternoon playing with other children in the rear court, roaming along the five-foot way and hiding, up in the attic. Even though this row of traditional shophouses along Upper Bukit Timah Road...