Construction not putting tenants off Sentosa Cove is slowly, but surely, attracting high-end tenants with the completion of an estimated 300 homes, including the 200-unit The Berth by the Cove condominium. Despite ugly construction sites dotting many parts of Sentosa, the first luxury condo units and landed properties have drawn rents comparable to, if not higher than those in prime districts on the...
singapore property
The leasing market in Sentosa Cove is starting to pick up, as more units are ready for occupation, according to property consultants Colliers International. With some 300 units at Sentosa Cove having temporary occupation permits, Colliers said the leasing market could be starting to take shape. Numbers from the Urban Redevelopment Authority showed that some 51 leasing contracts were recorded for homes...
IT ROSE to fever pitch just 12 months ago, but as the latest property market figures roll in, the en bloc charge could be all but over for property owners and developers alike. Price growth in the private residential market slowed for the third straight quarter to 0.4 per cent, even as Housing Development Board resale prices grew strongly by 4.4 per cent between April and last month. This petering off in...
Private residential property prices rose 0.4 per cent in the second quarter of this year, according to flash estimates released by the Urban Redevelopment Authority (URA) on Tuesday. The rise followed a 3.7 per cent increase in the first quarter. Prices of non-landed private residential properties increased by 0.2 per cent in the Core Central Region, 0.7 per cent in the Rest of Central Region and 1.3 per...
Located right next to the underground Kovan MRT Station and being well connected to major arterials and expressways such as TPE and CTE, Kovan Residence offers residents convenience in travelling to all parts of the island. Renowned schools abound nearby, including Rosyth and Maris Stella and Nanyang Junior College, as well as a few international schools. Available are 2-, 3- or 4-bedroom apartments, all...
Singapore's office property sector market appears to be cooling a little. According to property consultant DTZ, the average office occupancy rate for the second quarter of this year saw a dip of 0.2 percentage point. Office rental prices have also been flat - suggesting that the market is resistant to rising prices. According to DTZ, the average office occupancy rate in the second quarter dipped to 96.9...
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...
Mr Li Ka Shing’s Cheung Kong Holdings, Asia’s second-largest developer by market value, said it is keen to invest in Hong Kong, China and Singapore as the region’s property market is undergoes a “small consolidation”. Prime offices and industrial parks offer investment opportunities because of economic “fundamentals” in the region, Cheung Kong’s Executive Director Justin Chiu said at a...
Foreign developers are upbeat about Singapore's property market, and despite signs of a slowdown, they see opportunities for growth. Although the government may be releasing fewer sites for sale under the Confirmed List, one of the largest property developers in Hong Kong is viewing the latest government land sales list with great interest. Cheung Kong Holdings is interested in the white site at Jurong...
The 46,100 sq ft freehold site is situated in a well-established neighbourhood predominantly comprising mixed apartment developments and landed housing. It is in close proximity to the Kovan MRT station on the North-East Line, as well as the amenities of neighbourhood centres and shopping malls like Kovan Centre, Heartland Mall, Upper Serangoon Shopping Centre, and Serangoon Gardens. Numerous schools are...