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.
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.
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.
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.
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).
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).
The Business Times
Park Hotel CQ, which is in liquidation and owes creditors over S$6.3 million, is paying out an interim dividend to its preferential claimants this month.
The Business Times
THE tender for an executive condominium (EC) site at Bukit Batok West Avenue 5, which closed last week, drew a top bid from City Developments Limited (CDL) of S$336 million or S$626 per square foot (psf) per plot ratio. CDL’s top bid was just 0.2 per cent ahead of the next highest bid.
The Business Times
OXLEY Garden is back on the market, after a collective sale by tender closed in June without sealing a deal. Real estate agencies JLL and Brilliance Capital have relaunched the tender at a minimum price of S$200 million, unchanged from the asking price of the <a href="/real-estate/oxley-garden-seeking-at-least-s200m-on-heels-of-adjacent-5-oxley-rise-tender" target="_blank">earlier en bloc attempt.</a>
The Business Times
LEASING activity has slumped to a new low in the posh, glass-windowed offices of Hong Kong’s pricey Grade A buildings, in yet another clear sign of the city’s slow climb back to its former glory as a financial centre.
The Business Times
GuocoLand has sold 508 units – or 84 per cent – of its Lentor Modern project’s 605 units over 2 days during its launch weekend at prices ranging from S$1,856 to S$2,538 per square foot (psf).
