February 2020

Hoi Hup-Sunway sell 316 units at Parc Canberra by online balloting

By Cecilia Chow/ EdgeProp Singapore|February 16, 2020 9:57 PM SGT SINGAPORE (EDGEPROP) Feb 16, 2020 – Joint venture companies, Hoi Hup Realty and Sunway Developments, announced that 316 out of a total of 496 units in Parc Canberra executive condo (EC) have been sold over the weekend. This translates to a 64% take up rate. Units were sold at an average price of $1,085 psf. Balloting of units at...

Tech firms drive up premium office rents in Singapore

By Timothy Tay/ EdgeProp Singapore|February 14, 2020 4:39 PM SGT SINGAPORE (EDGEPROP) - Premium office occupancy costs in Singapore have been ranked as the 14th most expensive in the world, with net effective rents and occupancy costs running at about US$117 ($162.73) per year psf (py/psf), or just over half the premium rents in Hong Kong’s Central District.The result is based on JLL’s “Premium...

Resale unit at Camelot By-The-Water reaps $1 mil profit

By Charlene Chin/ EdgeProp Singapore|February 14, 2020 7:58 AM SGT The seller of a unit at Camelot By-The-Water, on Tanjong Rhu Road, made the top gain over the week of Jan 28 to Feb 4 (Credit: Albert Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at Camelot By-The-Water, on Tanjong Rhu Road, made the top gain of $1 million over the week of Jan 28 to Feb 4. The 4,801 sq ft unit...

Aberdeen Standard Investments acquires Peck Seah Street shophouses for $54 mil

By Timothy Tay/ EdgeProp Singapore|February 12, 2020 9:15 PM SGT SINGAPORE (EDGEPROP) - Aberdeen Standard Investments (ASI) has acquired a row of six adjoining shophouses along 48 to 56 Peck Seah Street for $54 million, or about $2,700 psf, in a deal concluded by JLL.This is ASI’s first acquisition in Singapore for its global real estate portfolio. The two-storey shophouses boast a 33m street...

Freehold shophouses in Upper Thomson going for $22.88 mil

By Timothy Tay / EdgeProp Singapore|February 12, 2020 9:30 PM SGT  SINGAPORE (EDGEPROP) - Three shophouses at 7, 9, and 11 Jasmine Road, along with an adjacent plot of vacant land, are available for $22.88 million. The guide price translates to $1,185 psf and includes an estimated development charge based on the proposed gross floor area of 21,363 sq ft upon redevelopment of the site, says marketing...

Three strata offices at Fu Lu Shou Complex for sale at $1,400 psf

By Timothy Tay/ EdgeProp Singapore|February 11, 2020 4:22 PM SGT SINGAPORE (EDGEPROP) - Three strata office units at Fu Lu Shou Complex have been launched for sale by Expression of Interest exercise at $1,400 psf, which works out to a price tag of about $7.2 million, announced CBRE, the sole marketing agent.Fu Lu Shou Complex is a six-storey mixed-use development at 149 Rochor Road, and it comprises a...

HDB launches 3,095 flats in February 2020 BTO exercise

By Timothy Tay/ EdgeProp Singapore|February 11, 2020 3:47 PM SGT SINGAPORE (EDGEPROP) - HDB has launched 3,095 flats for sale under its February 2020 Build-To-Order (BTO) exercise. Two new projects are in Toa Payoh, while one is in Sembawang.Located at the junction of Lorong 1 Toa Payoh and Toa Payoh Rise, the 920-unit Toa Payoh Ridge comprises four blocks of 25 to 40 storeys. There will be 653...

格美华庭(Gramercy Park)四居室单位以$850万出售

By Cecilia Chow / EdgeProp Singapore 尽管已经全部售出,拥有174个单元的永久产权公寓格美华庭(Gramercy Park)仍然是一处非常抢手的楼盘。该高端项目位于Grange路沿线,由上市地产巨头城市发展集团 (CDL)开发,于2016年竣工。 格美华庭是由纽约NBBJ建筑师事务所的Peter Pran设计。Peter Pran于 2017年过世,他还曾设计了Sail @...

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