April 22, 2019

SINGAPORE (EDGEPROP) – Cushman & Wakefield announced on April 18 that they have brokered the sale of an office building – 7 & 9 Tampines Grande – to Evia Real Estate and Metro Holdings Limited. The Capital Markets team at Cushman & Wakefield secured the buyer on behalf of Alpha Investment Partners and City Developments Limited.The office building comprises a pair of eight-storey premium...

SINGAPORE (EDGEPROP) – The Malaysian Transport Minister’s commitment to the Rapid Transit System revival may add buzz to the rejuvenation efforts of the Woodlands area. “We are working on the supplementary agreement for six months and looking at other options on how to reduce the cost,” said Malaysian Transport Minister Anthony Loke at a joint press conference with his Singapore counterpart, Khaw...

SINGAPORE (EDGEPROP) – The Beach Road rejuvenation is all set to get a huge boost with the $2.4 billion mega mixed-use development, Guoco Midtown. In speaking to the media on the unveiling of Midtown’s concept on April 22, Mr Cheng Hsing Yao, group managing director of GuocoLand Singapore, said Guoco Midtown will feature a 30-storey office block, a residential tower with more than 200 units and an...

SINGAPORE (EDGEPROP) – A JLL research report referring to the Draft Master Plan 2019 (and in particular to the CBD Incentive Scheme) called it “visionary” and “bold”. The Urban Redevelopment Authority (URA) released information about the scheme on March 27, and it offers 25-30% higher plot ratios for owners who convert office buildings over 20 years old to other complementary uses in the CBD...

SINGAPORE (EDGEPROP) – The Gazania is a brand new FREEHOLD condo by SingHaiYi Group that’s located along How Sun Drive in Bartley area, District 19. The residential development is nestled both on the city fringe and within a walking distance from the Bartley MRT station. Its neighbourhood is pleasantly marked by a mixture of landed houses and low-rise apartments on a quiet private enclave.About Condo...