2018

Real estate investment sales in Singapore projected to reach $40 billion in 2018

SINGAPORE (EDGEPROP) – Colliers International in releasing its latest quarterly investment sales report ‘Keeping Up The Momentum’ on August 13, said the real estate investment sales in Singapore is projected to reach $40 billion in 2018. The leading commercial real estate services company said commercial and industrial properties could pick up part of the slack in the second half of 2018 to keep the...

Balestier freehold site launched for en bloc with $45.5m reserve price

SINGAPORE (EDGEPROP) – Century 21 today announced the launch of collective sale by tender of Kingsley Mansion, a Balestier freehold site. The freehold site comes to the market with a reserve price of $45.5 million. The tender will launch on Tuesday (Aug 14) and close at 3 pm on Sept 13.The reserve price for the 18-unit, 14,350 square foot condominium translates to a land rate of $1,132 per sq ft per...

Research: Depleting supply is accelerating rental growth in office sector

SINGAPORE (EDGEPROP) – Savills a leading real estate services company on August 8 forecasted that nearly 800,000 sq ft of Grade A CBD office space will hit the office sector in 2018. The supply in the office sector will come mainly from Frasers Tower at Cecil Street said the Research. The supply of Grade A office space this year is a drastic climbdown from the 2.25 million sq ft recorded for 2017....

Parc Esta Residences: A Perfect Blend of Comfort, Luxury & Convenience

Image Credits: Parc Esta, MCL LandSINGAPORE (EDGEPROP) – Parc Esta is an exciting new property launch by the award-winning developer, MCL Land. The condo development is located at the site of the former Eunosville HUDC Estate, just opposite the Eunos MRT Station. Based on its site plan and strategic location near Keylang town, Parc Esta is set to be one of the most coveted residential properties in...

Mont Botanik Residence: A Botanical Haven in the Urban Setting

 Image Credits: Mont Botanik Residence, Tuan Sing HoldingsSINGAPORE (EDGEPROP) – Mont Botanik Residence is a brand new freehold condo development by Tuan Sing Holdings located in 1 Jalan Remaja in Singapore’s District 13. The residential project is nestled in the prestigious Hillview residential enclave within the lush greenery of the Bukit Timah Nature Park and the Bukit Batok Nature Park, from which...

Knight Frank partners Barleys to tap on cash-rich Singaporean buyers of New Zealand homes

SINGAPORE (EDGEPROP) – Banking on a proposed legislative change which will exempt Singaporeans from a ban which will prohibit buyers from outside Oceania region from buying New Zealand homes, Knight Frank has entered into a strategic partnership with Bayleys Realty Group Limited to better access the New Zealand homes market.Knight Frank was established in London 123 years ago. Today, the firm is the...

UOB home loan fully digitised by partnering four top property agencies

SINGAPORE (EDGEPROP) – United Overseas Bank (UOB) on August 7 announced that it has brought together Singapore’s largest property ecosystem under one roof and has also launched a fully-digital solution for its UOB home loan. It said that its fully digitised solution for customers seeking UOB home loan would remodel the home buying experience by making home financing swifter and surer for customers. The...

‘Farrer Park area less frequently used’, Minister justifies site demolition

SINGAPORE (EDGEPROP) – The Minister for National Development has justified the demolition of the Farrer Park area saying “the facilities in the area were less frequently used as competitive sports venues.” Responding to a parliamentary question on if Farrer Park Field and the adjoining facilities will be preserved “as the area has a rich sports heritage and memorable sports milestones instead of...

Zone 2 Industrial Building up for sale by expression of interest

SINGAPORE (EDGEPROP) – JLL on August 6 announced the sale of Zone 2 Industrial Building. The prominent real estate services company which is the sole marketing agent for the sale said the “Business 2” zoned industrial building located in an established industrial estate at 3 Gul Crescent near the Gul Circle MRT station would be a quality purchase.The Zone 2 Industrial Building consists of two large...

Prime CBD conservation shophouse up for sale

SINGAPORE (EDGEPROP) – JLL, today announced an opportunity for real estate buyers to acquire a prime CBD conservation shophouse at 29 Stanley Street. The beautifully restored three-storey conservation shophouse is located in the heart of the Central Business District (CBD).Nestled along the charming Stanley Street, the rime CBD conservation shophouse occupies a land area of 1,693 sqft and has a gross...

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