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Latest Property News

15 strata units in International Plaza for sale at S$60m guide price

posted by The Business Times

A PORTFOLIO of 15 commercial units in International Plaza has been put up for sale via expression of interest (EOI), with a guide price of S$60 million, the sole marketing agent Edmund Tie announced on Tuesday (Sep 27).

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Two buildings zoned commercial in Tanjong Pagar to be launched for collective sale

posted by The Business Times

A PAIR of 5-storey buildings on Hoe Chiang Road and Lim Teck Kim Road in prime Central Business District’s (CBD) Tanjong Pagar will be launched for collective sale in mid-November after recently achieving 80 per cent consent from owners.

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Location can continue to drive price premium for CBD offices, prime area homes

posted by The Business Times

SINGAPORE’S suburbs have transformed over recent years. Places such as Jurong and Tampines have become high-quality live, work and play destinations.

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Cuscaden unit puts three Nassim Rd bungalows on market for record S$5,200 psf

posted by The Business Times

Three freehold bungalows along Nassim Road owned by Cuscaden Peak Investments have been put on the market with an asking price of S$5,200 per square foot (psf) on land area. If achieved, this would be a record price for bungalow redevelopment land in a Good Class Bungalow (GCB) Area.

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Gloom descends on UK property market amid higher interest rates, recession fears

posted by The Business Times

THE UK’s commercial property scene is facing the prospect of some gloomy times ahead, with market players concerned not only about the cyclical downturn of the economy, but structural changes as well – notably, the rise of working from home.

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ICP eyes Nagoya, Sapporo hotel stakes in 6.5b yen deal

posted by The Business Times

ICP has proposed to acquire a stake in 2 hotel properties located in Sapporo and Nagoya, Japan via a 6.5 billion yen (S$64 million) transaction, it said late on Wednesday (Sep 21) night in a bourse filing.

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New definitions of floor area could eat into developers’ saleable area - and margins - for condo projects

posted by The Business Times

Earlier this month, the Urban Redevelopment Authority (URA) issued a circular on harmonisation of floor area definitions to be adopted by 4 government agencies: URA, Singapore Land Authority (SLA), Building and Construction Authority, and Singapore Civil Defence Force.

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New city-fringe condo prices climbing closer to those in central region

posted by The Business Times

THE median price per square foot (psf) gap between new, non-landed homes in the Core Central Region (CCR) and those in the Rest of Central Region (RCR) narrowed to 14.9 per cent in August, after having done so to 25.07 per cent in April, Huttons Asia has said in a new report.

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Bagnall Court in Upper East Coast Road up for en bloc sale at S$125m

posted by The Business Times

BAGNALL Court, a freehold condominium along Upper East Coast Road, has been put up for collective sale via tender with a guide price of S$125 million, sole marketing agent JLL said on Tuesday (Sep 20).

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Latest Blogs

Republic Plaza reopens after S$70m revamp

THU, SEP 26, 2019 - 5:50 AM 21

CITY Developments Limited (CDL) on Wednesday unveiled the revamped Republic Plaza, its flagship property in Raffles Place, following an extensive S$70 million asset enhancement initiative (AEI) which started in April 2018.

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Braddell View mega site relaunched for en bloc sale at same reserve price of S$2.08b

TUE, AUG 13, 2019 - 1:19 PM 21

SINGAPORE'S largest private residential site - Braddell View estate - has been relaunched for collective sale by tender...

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Pine Grove's tender ends with no takers

WED, APR 24, 2019 - 5:50 AM 21

PINE Grove's S$1.86 billion mega collective sale tender ended on Tuesday with no bidders.

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