June 30, 2018

SINGAPORE (EDGEPROP) – Tee Land, a boutique developer, announced on 28 June that it had entered into an option-to-purchase agreement to acquire the freehold interest in a plot of land located at 338 to 364 Upper East Coast Road, Singapore with a land area of approximately 3,928.8 square metre. The purchase consideration for the land on which Teck Guan Ville condo now sits, is S$60,000,000 and...

SINGAPORE (EDGEPROP) – Stirling Residences, a mega project of Logan Property (Singapore) Company and Nanshan Group Singapore (joint-venture) at Queenstown, is today (30 June) opening its showflat for preview. The joint-venture’s win of the tender for the site in Queenstown set a record in May for exceeding the price quantum for Government Land Sales (GLS) programme.The joint-venture submitted the...

SINGAPORE (EDGEPROP) – A report released by Edmund Tie & Co on 28 June said that there were more owners’ listings placed in the property auction market for Quarter 2 (Q2) but that there was a dip in mortgagee sales this quarter. While the number of units hammered down y-o-y has maintained at 10 units, the decrease in sales value from 2017 may also be due to the lack of high quantum properties being...