March 14, 2020

Two conservation shophouses at Haji Lane and Arab Street for sale at $8.5 mil

By Charlene Chin/ EdgeProp Singapore|March 12, 2020 3:24 PM SGT  SINGAPORE (EDGEPROP) - A pair of shophouses at 56 Haji Lane and 87 Arab Street are up for sale at a guide price of $8.5 million.The shophouses have 2.5 storeys each, and are fully tenanted to retail tenants. The pair occupies a site of 1,078 sq ft and has a built-up area of 2,200 sq ft.The tender for the shophouse pair will close on April...

Purchases of adjoining units keeping luxe condo market abuzz

WED, MAR 11, 2020 - 5:50 AM KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT Singapore WHILE well-heeled mainland Chinese who flocked to Singapore last year to buy luxe condo units have been kept away by the Covid-19 outbreak, several big-ticket deals were sealed in the first two months of this year. These recent purchases were made by buyers already based here. Some of these deals entail...

Duplex penthouse at freehold D’Ecosia offered for $2.5 mil

By Timothy Tay/ EdgeProp Singapore|March 13, 2020 7:00 AM SGT SINGAPORE (EDGEPROP) - A duplex penthouse at the D’Ecosia condominium in the East Coast will be offered at Edmund Tie’s property auction on March 25. The 2,293 sq ft, the three-bedroom unit has a guide price of $2.5 million, or about $1,090 psf on the floor area. The 73-unit condo was completed in 2003, and comprises one- to three-bedroom...

Dawson HDB flats cross million-dollar threshold soon after MOP

By Timothy Tay/ EdgeProp Singapore|March 13, 2020 7:30 AM SGT SINGAPORE (EDGEPROP) - More than 24,000 HDB flats will have reached the end of their Minimum Occupation Period (MOP) this year, and a few of these flats in prime locations have already changed hands for more than a million dollars on the resale market.Some of these highly desirable units can be found in the eight blocks at Skyville @ Dawson...

How will Covid-19 outbreak impact the Singapore property market?

By Edmund Tie Research / EdgeProp Singapore | March 13, 2020 8:00 AM SGT SINGAPORE (EDGEPROP) - Even as authorities are doing their utmost to contain the spread of Covid-19 in a bid to restore public confidence and daily normalcy, the foremost question is: Can Covid-19 be contained as soon as practicable in accordance with mainland China’s target to put the outbreak under control by May...

Mortgagee sale listings could hit new record in 2020

By Colliers International / EdgeProp Singapore | March 13, 2020 8:00 AM SGT Original Article: https://www.edgeprop.sg/property-news/mortgagee-sale-listings-could-hit-new-record-2020 SINGAPORE (EDGEPROP) - A larger number of properties were put up for multiple rounds of the auction last year, compared to 2018. The total number of listings (and relisting) across all sectors and all major auction houses...

Real estate still attractive despite short-term turbulence

By Bruce Wan, head of Asia Real Assets Research, BlackRock/ EdgeProp Singapore|March 13, 2020 9:00 AM SGT SINGAPORE (EDGEPROP) - The early part of 2020 is proving to be a little more eventful than usual, as the outbreak of the Covid-19 coronavirus drives widespread disruption to economic activity and investor confidence. Already, there is an obvious economic impact across Asia, with temporary factory,...

Unit at Village Tower reaps $1.87 mil profit

By Valerie / EdgeProp Singapore | March 13, 2020 9:44 AM SGT A unit at Village Tower made the top gain of $1.87 million over the past week (Photo: Albert Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at Village Tower located on Mount Sinai Rise made the top gain of $1.87 million over the week of Feb 25 to Mar 3. The 2,616 sq ft unit on the 16th floor was bought for $1.63 million...

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