Read more: Four-bedroom home in Orchard Bel Air sold for $2.6 million profit The Grand Copthorne Waterfront Hotel, which is part of Millennium Hotels and Resorts, has officially opened its doors following an extensive renovation lasting nine months that took $30m. The newly renovated five-star hotel has 574 guestrooms as well as suites, has an […]
The rapid transactions in Solitaire on Cecil was the most popular strata office unit transactions of 1H2023, indicating a clear sign that the market is “starved of new office buildings for strata” According to Mary Sai, executive director capital markets for Knight Frank Singapore. In a research note about the local market for strata commercial […]
TEHO International with its 100%-owned subsidiary TEHO Water & Envirotec, has completed the sale of its property located at 1, Bukit Batok Crescent #03-20. The company has received the entire settlement of $760,000, which is $820,800 excluding GST. Marina View Residences layout of 0.78 ha or 84,000 sq ft site enjoys a maximum GFA of […]
TA Corporation has requested for the voluntary suspension of trading on its shares in the event of participation from shareholders and “clarity” regarding the financials of the company on the 17th of July. In the same report on SGX the board of directors declared the fact that Tiong Aik Construction (TA Construction) is a wholly-owned […]
The Monetary Authority of Singapore (MAS) will publish an open consultation document before August 31st proposing measures to increase surveillance and protect against risks of money laundering in the fast-growing single family office (SFO) sector. According to the managing Director Ravi Menon, MAS is trying to force all SFOs to inform the central bank each […]
A new study by CBRE has revealed that companies operating in Asia Pacific (Apac) are at the forefront of returning to office, with utilisation levels in the region hitting 65% at the end of March this year. Comparatively to Europe and the US and Europe had a utilization level of fifty%. The study from March […]
The purchase of a three-bedroom apartment at De Royale was the most profitable resale deal in the week from June 13 through 20. The 1,259 square feet unit was purchased at $2.2 million ($1,747 per square foot) in June 15. This is more than $757,918 ($602 per sq ft) it was sold for in October […]
A four bedroom condo in Orchard Bel Air was the most profitable condo resale in the period June 6 to 13 in accordance with caveats that were filed with URA. The 3,229 square foot unit located on the 15th floor was sold at $5 million ($1,548 per square foot) the 6th of June. It was […]
Read more: CEA implements stricter training requirements and various learning routes to increase property brokers’ professionalism A report on the industry by Colliers International has highlighted that office occupancy in the Asia Pacific region is about 80% on average. This is more than North America and Europe where occupancy levels are between fifty% or 65% […]
Check related post: Tony Koe, CEO of SRI, will step down on June 30 On May 30th, HDB launched 5,495 Built-to-Order (BTO) flats across five neighbourhoods: Bedok, Kallang, Serangoon, Tengah and Whampoa. The most popular neighbourhood that had the highest number of applicants was Serangoon having more than 9 applicants per 4-room apartment and more […]