2019

SINGAPORE (EDGEPROP) – Coworking entered the real estate industry only a short time ago and has clearly made a lasting impact, said a recent report by AEW. AEW, one of the world’s largest and most established real estate investment managers, referred to JustCo @ Marina Square (among other key global real estate in major cities), to arrive at their conclusion on coworking space. The research paper...

SINGAPORE (EDGEPROP) – Singapore’s property obsession saw residents spending 3.29 hours on property viewing. Their level of property obsession is higher than in the UK with 2.65 hours and Australia with 2.51 hours. Only the United Arab Emirates, US, Taiwan and Mexico, in that order, spend the most time viewing property in a week.copyright: iCompareLoanThe online survey conducted by Toluna for HSBC...

SINGAPORE (EDGEPROP) – City Developments Limited (CDL) and its joint venture partner, Hong Realty (Private) Limited, announced on May 2nd that it will launch luxurious Amber Park on Saturday, 4 May 2019, following the opening of its sales gallery for viewing on 27 April 2019.The freehold 592-unit condominium has a strategic location in the exclusive Amber Road enclave within the East Coast area. It is...

SINGAPORE (EDGEPROP) – Sloane Residences (previously Sloane Court Hotel) in an upcoming new property launch located along 17 Balmoral in the prime District 10. Tiong Seng Holdings and Ocean Sky International, in a joint venture, bought the site area at a cost of S$80.5 million. The condo is on a FREEHOLD tenure, something that presents even greater value for investors as well as those planning to upgrade...

SINGAPORE (EDGEPROP) – Parc Clematis is a new up and coming residential development by SingHaiyi Group that’s located at the heart of Clementi. The 99-year old leasehold condo replaces the former Park West Enbloc, which was successfully sold to the developer at a cost of $840.89 million. The condo project is expected to yield a total of 1,500 units.An upswing of enblocs in real-estate has been...

SINGAPORE (EDGEPROP) – Haus on Handy is a brand new property launch that is coming up at Handy Road, off Orchard Road in the highly sought-after District 9. Part of the land, as purchased by developer CDL Development under its subsidiary CDL Regulus, houses a conservation building, which will be converted into a clubhouse. Haus on Handy will comprise 3 towers of 8 to 10 storeys high that will yield a...

SINGAPORE (EDGEPROP) – Riviere is an exciting up and coming residential development situated along Jiak Kim Street at the heart of Robertson Quay. Brought to you Singapore’s renowned develop Frasers Property; the development will include a mix of several residential units, serviced apartments and a couple of conservation warehouses. Riviere brings together century-old timeless design and iconic modern...

SINGAPORE (EDGEPROP) – Queensway Shopping Centre and its adjoining apartment, Queensway Tower, have started the process for en bloc sale. Berita Harian which reported on the en bloc attempt of Queensway Shopping Centre and Queensway Tower noted that the en bloc sales process was started after the property cooling measures introduced by the Government in July last year. Many en bloc sales attempt failed...

SINGAPORE (EDGEPROP) – Referring to the recently released statistics by the Urban Redevelopment Authority (URA), JLL said that the retail property market is still trying to find its footing. JLL said that both the rent and price indices of retail space in the Central Region returned to the contractionary mode following 4Q18’s expansions.Image credit: Wikimedia CommonsJLL said rents only recorded a...

SINGAPORE (EDGEPROP) – The Singapore industrial is a picture of stability with cautious optimism ahead for 2019, said a JLL commentary on the JTC All Industrial Rental Index in Q1 2019. The report said that the Singapore industrial property market starting the year on a positive note as net absorption of industrial space improved quarter-on-quarter and year-on-year.Tay Huey Ying, JLL’s Head of...