The Business Times
AMID the current lull in high-end landed residential property transactions, a bungalow along White House Park is being sold for S$45.5 million, which works out to S$3,017 per square foot on the freehold land area of 15,081 sq ft.
The Business Times
REGIONAL co-working companies the Hive, Common Ground and The Cluster have merged to form a new company – The Flexi Group – that wants to roll up other industry peers across Asia, and head for an initial public offering (IPO).
The Business Times
SOUTH Korea’s new government said on Tuesday (Aug 16) it would supply 2.7 million new homes across the country over the next five years, including many in big cities where a short supply has frequently been blamed for fast price rises.
The Business Times
SPH Real Estate Investment Trust (Reit)’s manager has appointed 3 new directors to its board with effect from Aug 15, it said in a bourse filing on Monday (Aug 15).
The Business Times
2021 was a good year for housing developers in Singapore. Excluding executive condominiums, developers sold 13,027 private homes in 2021 as private home prices rose 10.6 per cent from a year ago, according to data from the Urban Redevelopment Authority (URA).
The Business Times
NEW private home sales rose month on month in July, according to data released by the Urban Redevelopment Authority (URA) on Monday (Aug 15).
The Business Times
ASCOTT Residence Trust (ART) on Monday (Aug 15) proposed the acquisition of 9 serviced residences, rental housing and student accommodation properties from its sponsor, The Ascott Limited, across 5 markets: Australia, France, Japan, the US and Vietnam.
The Business Times
AFTER producing a blowout set of results for the first half of 2022 ended June, mainboard-listed Centurion Corporation would attempt to continue driving up performance by pushing positive rental rate reversions across its markets.
The Business Times
STRONG contributions from the real estate segment has propelled The Straits Trading Company to post a net profit of S$673 million for the first half of this year, up by 448.9 per cent or roughly 5.5 times the S$122.6 million net profit posted in the year-ago period.
The Business Times
A JALAN Besar conservation shophouse and a boutique commercial building at Miller Street have each been put up for sale at the respective guide prices of S$32 million and S$30 million, announced the properties’ exclusive marketing agents on Thursday (Aug 11).
The Business Times
FREEHOLD residential site Trendale Tower has been put up for sale again, this time with a higher guide price of S$178 million via a public tender exercise, said exclusive marketing agent Savills Singapore in a statement on Thursday (Aug 11).
The Business Times
CITY Developments Limited (CDL) on Thursday (Aug 11) posted a record net profit of S$1.1 billion for the first half ended Jun 30, reversing from a net loss of S$32.1 million recorded in the same period last year.
The Business Times
PROPERTY developer OUE Limited posted earnings of S$88.7 million for the first half ended June, nearly trebling from earnings of S$30.1 million a year ago.
The Business Times
FREEHOLD Sutton Place at 24, 26 and 28 Farrer Road in prime District 10 has been put up for collective sale via public tender at an indicative price of S$285 million.
The Business Times
MARKETING agent Edmund Tie announced on Wednesday (Aug 10) that the <a href="/real-estate/golden-mile-complex-sold-to-far-east-perennial-sino-land-for-s700m" target="_blank">collective sale of Golden Mile Complex</a> has obtained the sale order from the Strata Titles Boards on Aug 3.
The Business Times
REAL estate investment in the Asia-Pacific region fell 24 per cent on the year to US$45.1 billion in the second quarter, dragged by higher borrowing costs and economic headwinds.