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...
US$3.14 billion worth of direct commercial property investment deals in Singapore for the third quarter of 2010 was the third highest in the Asia-Pacific region behind Japan and Australia. In terms of quarter-on-quarter growth, the 358 per cent increase recorded for Singapore in Q3 placed it as the top market mover in the region for the quarter, according to Jones Lang LaSalle. Major deals in the...
The government is releasing more commercial land on the Confirmed List to meet demand for office space. One of the commercial sites is at Robinson Road, which would cater to demand in the CBD. The other site is at Paya Lebar Road, which the government hopes will facilitate the early development of Paya Lebar Central into an attractive commercial hub to complement the CBD. In addition, a commercial site...
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