Commercial Property
URA to launch tender for second sale site in Jurong Lake District
URA to launch tender for second sale site in Jurong Lake District
The Urban Redevelopment Authority announced that it has accepted an application from a developer to put up the second sale site in Jurong Lake...
Prime retail rentals remain unchanged in Q1 2011:DTZ
Rental values for prime first-storey retail space islandwide were unchanged as the industry continues to grapple with the demand-supply dynamics that...
Ministry of Law proposes new measures to safeguard conveyancing money
The Conveyancing Bill aims to address the risk of rogue lawyers defalcating clients' conveyancing money.
Grand Tower up for collective sale at $92mn
This works out to be $1430 psf ppr based on potential GFA of 64,310 sq ft.
Foreign investor participation seen to increase in 2011
Regional investors from Asia Pacific were the largest group of foreign investors in Singapore.
Singapore REITS rental income to average 4.2% in 2011
S-REITs are forecasted to deliver FY10-12F DPU CAGR of 5.5% - 9.2%, which is above inflation.
Tender for Robertson Quay closed with 9 bids
Novel Developments and New Vista Realty submitted the highest bid of $127.76 million.
Amber Glades sold enbloc for $118.1mn
Far East Organization have bought Amber Glades enbloc site through a collective sale.
75% of City Developments' launched units sold over weekend
The 521-unit H2O Residences sold 150 out of 200 units over the weekend.
Rare development opportunity put up for collective sale by tender
The 893,219 sf site, near Holland Village and zoned for residential use, has a gross plot ratio of up to 2.1.
Darien Bradshaw joins CBRE's Asia Pacific residential team
He will join the team as Executive Director, International Project Marketing and will be based in Singapore.
UOL and Singapore Land emerged as top bidder for Reservoir Road tender
The duo put in a top bid of $320 million or $465psf ppr, said DBS.
Government is on a battle to stabilise property market
More land sales may be in the pipeline, said Minister for National Development, Mah Bow Tan.
Residential site at Bedok Reservoir Road received 8 bids
The top bid of $320 million or $465 psf/plot ratio translates to a breakeven cost of around $800psf.
Average annual growth of occupancy costs from 2011 to 2015 forecast at 6.43%
The strongest increases in costs to 2015 are projected in Singapore, Bengaluru, Hong Kong, Beijing and Chennai.
Government's household income ceiling raise boosts first-time BTO flat buyers
Households earning $3,000-$5,000 a month now have the chance to purchase 3-room flats that provide them more freedom in their other financial...
Hong Kong beats Singapore as most expensive office location in the world
Despite being part of the top 30 most expensive office location in the world in 2011, Singapore still only ranked 6th in Asia Pacific.
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