Waterloo Apartments has been sold through a collective sale for S$131.1 million to a wholly owned subsidiary of Fragrance Group. It intends to redevelop the 999-year leasehold property, which has a land area of about 14,369 sq ft, into a hotel. The property is at 64 Waterloo Street in the Bras Basah/Bugis area. Outline planning permission (OPP) has been obtained for a change in the property's...
Resale prices of private non-landed homes in Singapore declined for the third straight month in October after the latest round of property cooling measures, flash estimates by real estate portal SRX Property on Tuesday showed. Condominiums and private apartment resale prices weakened by 0.4 per cent last month from September. This follows the 0.5 per cent drop in September, a figure revised up from an...
Private equity-owned Columbia Real Estate is offering three restored adjoining conservation shophouses for sale. The three shophouses are freehold properties located at 8, 10 and 12 Aliwal Street. They have been zoned “commercial” and have been approved for use as a boarding house with a hotel license. The shophouses occupy a prime location in the Kampong Glam precinct and are situated just 350...
The appointed exclusive marketing agent - JLL, is calling offers for the purchase of two prime three-story conservation shophouses in Singapore’s historic Chinatown district. The two shophouses are a freehold and a 99-year leasehold property located respectively at 31 and 76 Pagoda Street. Both properties are zoned "commercial" and have been approved for use as food and beverage outlets. Foreigners...
Despite the cooling en bloc market, owners of Mandarin Gardens condominium have raised their asking price for the 99-year leasehold development in East Coast to S$2.79 billion — up from its original price of S$2.48 billion. This will see it leapfrogging the previous high set by Pandan Valley’s S$2.6 billion asking price. Mr Leonard Jayamohan, the spokesperson for Mandarin Gardens’ Collective...
With all the turmoil of a Trump presidency and Brexit, we wouldn’t be surprised if analysts eventually suggest hiding your money in a sock. In the aftermath of the last crisis years (2009 to 2013), the Singapore property market — particularly its luxury segment — was considered a safe haven investment destination and recorded huge price increases. But will that still be the case today? It...
Your new life begins at Parc Esta, at the doorstep of Eunos MRT station, a pivotal position amidst the emerging Regional Centre in the East. With nine 18-storey towers of one to five-bedroom homes, Parc Esta rises majestically above the streetscape on a nearly 3.5-hectare estate. Discover premium residences with refined touches, sumptuous realms with exciting facilities in a more than 200-metre-long garden...
City Developments Limited (CDL) said on Thursday (Nov 8) that its net profit rose 10.4 per cent in the third quarter and projected confidence in the market going forward, even as it cautioned against macroeconomic uncertainties and persistent headwinds for the Singapore residential property market. Net profit for the three months ended September rose to S$161.8 million from S$146.6 million in the same...
Singapore has nudged out Hong Kong to top a luxury real-estate ranking despite a slew of cooling measures to tame its property market. Luxury home prices in Singapore rose 13 per cent in the quarter ended Sept 30 from a year earlier, according to Knight Frank's Prime Global Cities Index. Gains were driven in part by the limited availability of high-end properties. Hong Kong fell to 14th place with...
The iconic Golden Mile Complex is deemed to have heritage value and authorities are in the process of exploring options to facilitate conservation, said the Urban Redevelopment Authority (URA) on Wednesday (Oct 31). This comes even as the development tries to find a buyer, with the collective sale tender launched on Wednesday at a reserve price of S$800 million. The building may not be demolished,...
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