Commercial Property
Sales volume for private residential units up by 79% in November
Sales volume for private residential units up by 79% in November
Sales volume jumped 2.7 times to 1,229 units in the region during the month.
2010 new homes sales volume to surpass 2007 record by 10%
The sales tally for the whole of 2010 is likely to be in excess of 16,500 units.
Sale of new homes increased to 2,329
Total transaction volume for the homes sold up to November 2010 was $16.98 billion.
URA may block CBD rezoning to to protect office space
The need to rejuvenate the old CBD and inject live-in population in the city area is necessary.
Suntec REIT acquires one-third interest in Marina Bay Financial Centre
Suntec REIT’s subsidiary, ARA Asset Management S$1.5bln Marina Bay Financial Centre purchase will increase its earnings base from S$14.7bln to S...
PoMo's 43,027 sq ft site area up for sale
The 99-year leasehold building with GFA of 234,996 sq ft is up for sale by expression of interest.
Punggol residential site sold at $363m
Sim Lian Land and Sim Lian Development closed the tender for Punggol site at $406psf ppr.
CapitaLand sold 205 apartments
CapitaLand has sold 153 units more last week at the d'Leedon.
Tulip Garden priced at $650m
Freehold condominium project, Tulip Garden, is up for collective sale with a minimum price tag of about $1,250 psf ppr.
Capitaland sells strata titled units at The Adelphi for $218.132mln
The real estate company has entered into 4 sale and purchase agreements with Guthrie-SV to divest 163 units at the 10-storey mixed use building.
Singapore ties with Hong Kong as Asia's most attractive property market
The city state beat nine cities as investors’ most favored location to buy and rent properties in a survey conducted by the Pan Pacific Star Group.
Overseas Union Enterprise unveils OUE Bayfront
The group’s office tower at 50 Collyer Quay achieves close to 60% take-up as project is due for completion in first quarter 2011.
CapitaLand divests 163 units at The Adelphi for $218.132mln
The group expects to generate an after-tax profit of about S$15.7mln.
Ascott unveils first Citadines Serviced Residence in Indonesia
Citadines Quartier Jakarta is Ascott’s 15th Citadines property to open in Asia Pacific.
URA put on sale industrial sites at Kaki Bukit Road and Tuas View Square
The two sites are among those to be released for sale under the Reserve List of the 2nd half 2010 Industrial Government Land Sales Programme.
Singaporeans seen to spend more on consumer goods, rent in 2011
Jones Lang LaSalle said the 6% y-o-y increase in retail sales in July 2010 and the 18% y-o-y increase in tourism arrivals indicate renewed consumer...
S-REITs told not to cry even as tenants are saying goodbye
Moody’s says the negative impact brought about by the current trend of commercial tenants shifting into newly built offices and out of properties...
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