February 2020

By Cecilia Chow/ EdgeProp Singapore|February 29, 2020 3:58 AM SGT SINGAPORE (EDGEPROP) - On Feb 28, The Ministry of National Development (MND) revised development charge (DC) rates for the six-month period from Mar 1 to Aug 31. The DC rate is revised every six months. It is a tax levied by the government when planning permission is granted for development projects that increase the value of the land,...

By Timothy Tay/ EdgeProp Singapore|February 28, 2020 9:30 AM SGT SINGAPORE (EDGEPROP) - The owner of a 559 sq ft, a one-bedroom unit at Suites at Orchard has offered to sell the property at Knight Frank’s auction on March 27. The unit has an indicative price of $1.28 million which translates to $2,289 psf on the floor area. Located on Handy Road in prime District 9, Suites at Orchard is a 99-year...

By Cecilia Chow/ EdgeProp Singapore|February 28, 2020 9:00 AM SGT SINGAPORE (EDGEPROP) - A black-and-white, single-storey bungalow sitting on a freehold site of over 12,000 sq ft at a landed estate off Upper East Coast has been put on the market. Will it be redeveloped or will the new owner retain the charm of the existing property? The original bungalow was built in 1964 and its design was...

By Valerie Kor / EdgeProp Singapore | February 28, 2020 4:10 PM SGT The Antares at Macpherson is one of TA Corporation’s ongoing developments, under a joint venture with Keong Hong Holdings and Hock Lian Seng Holdings. (Artist Impression: FSKH Development) SINGAPORE (EDGEPROP) - Property and construction group TA Corporation reported a 47% increase in revenue to $198.2 million for FY2019 ended Dec...

By Valerie Kor / EdgeProp Singapore | February 28, 2020 4:02 PM SGT The pair of six-storey buildings on sale offer views of Marina Bay Sands Integrated Resort and Esplanade from the top floor. (Photo: SRI) SINGAPORE (EDGEPROP) - Two adjoining freehold six-storey buildings are up for sale at a guide price of $46 million, translating to around $3,622 psf on existing gross floor area. Their addresses...

By Cecilia Chow/ EdgeProp Singapore|February 28, 2020 10:00 AM SGT SINGAPORE (EDGEPROP) - Located just off Dunearn Road in the Bukit Timah area is Dunearn Estate, which includes Trevose Crescent, Kheam Hock Road, Narooma Road, Dalkeith Road and Harlyn Road. The exterior of the three-storey detached house with an attic, located on Harlyn Road at Dunearn Estate (Photo: Samuel Isaac Chua/EdgeProp...

By Valerie Kor / EdgeProp Singapore | February 28, 2020 4:00 PM SGT The per sq ft price is the highest for a single strata office floor within the CBD in the last five years. (Photo: CBRE) SINGAPORE (EDGEPROP) - CBRE has recently brokered the transaction of a strata office floor on the 11th storey of Samsung Hub for $49.78 million. The 999-year building has 30 storeys in total. The office floor...

By Charlene Chin/ EdgeProp Singapore|February 28, 2020 7:58 AM SGT The seller of a resale unit at The Balmoral made a 60% profit, or an annualised profit of 3% over almost 14 years (Credit: Albert Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at The Balmoral, along Balmoral Park, made the top gain of $1.77 million over the week of Feb 11 to 18. The 3,154 sq ft unit on the...

https://www.facebook.com/asianprimegroup/ By Mike Batchelor,CEO/ JLL Hotels & Hospitality Asia|February 28, 2020 4:32 PM SGT SINGAPORE (EDGEPROP) - Since January, the spread of the Covid-19 coronavirus has become a confronting reality for individuals, communities and businesses all across the globe. The unpredictable nature of the outbreak has also prompted a substantial realignment of...

By Timothy Tay/ EdgeProp Singapore|February 28, 2020 9:30 AM SGT SINGAPORE (EDGEPROP) - A bungalow in the landed housing estate along Sunset Way has been the family home for a Permanent Resident and his family for the past 10 years. But the house has recently been put on the market as the owner’s wife and children have returned to their home country. The freehold bungalow sits on an elevated 10,498...