2020

By Timothy Tay/ EdgeProp Singapore|January 16, 2020 5:00 PM SGT SINGAPORE (EDGEPROP) - Colliers International released its quarterly office market report for 4Q2019, which stated that Singapore CBD Grade- A office rents climbed by 7% y-o-y for the whole of 2019. This followed a 15% growth rate posted in 2018, as well as a 2.3% increase in 2017. Rental growth in this office segment is expected to...

By Timothy Tay/ EdgeProp Singapore|January 16, 2020 3:00 PM SGT SINGAPORE (EDGEPROP) - Based on the latest statistics from the URA released on Jan 15, developers are estimated to have sold close to 10,164 private housing units (excluding executive condos or ECs) for the full year in 2019. This translates to an increase of 15.6% y-o-y over the 8,795 new private homes sold in 2018. According to Tricia...

By Timothy Tay/ EdgeProp Singapore|January 16, 2020 2:05 PM SGT SINGAPORE (EDGEPROP) - Savills Singapore has been appointed the sole marketing agent for the sale of a portfolio of shophouses in Chinatown. The portfolio features adjoining shophouses at 42-45 Mosque Street and 54/56 Pagoda Street. The shophouses on Mosque Street are four-storey conserved properties with mezzanine levels as well as an...

By Cecilia Chow/ EdgeProp Singapore|January 14, 2020 2:03 AM SGT SINGAPORE (EDGEPROP) - Over the weekend of Jan 11-12, Koh Brothers sold 10 out of a total of 69 units in its luxury, freehold project Van Holland. The condominium is a redevelopment of the former Toho Mansion and is located just across the road from Holland Village. The crowd on the launch weekend of Van Holland on Jan 11-12 (Photo:...

By Cecilia Chow/ EdgeProp Singapore|January 14, 2020 4:19 AM SGT SINGAPORE (EDGEPROP) - The owners of the 12-unit Casa Sophia have collectively sold their apartment block for $29 million in a private treaty deal, according to a caveat lodged with URA Realis on Boxing Day (Dec 26) of 2019. The 12-unit Casa Sophia sits on a 12,328 sq ft, freehold site on Sophia Road and has the potential to be...

By Cecilia Chow/ EdgeProp Singapore|January 12, 2020 9:09 PM SGT SINGAPORE (EDGEPROP) - The Avenir, one of the first new project launches of 2020, sold 20 out of 40 units released over the weekend of Jan 11-12, according to Hong Leong Holdings in a release at 6pm on Sunday, Jan 12. Crowd at The Avenir on launch weeekend (Photo: Hong Leong Holdings)Seven out of the 20 units sold were premium,...

By Cecilia Chow/ EdgeProp Singapore|January 10, 2020 10:00 AM SGT SINGAPORE (EDGEPROP) - The beauty mogul’s childhood passion for lifestyle ventures into beauty, haircare, interior design, and property investment and development has blossomed over the past three decades. She is now tackling the overseas property market. Jean Yip with (from left) son-in-law Roy Fong, husband Mervin Wee and younger...

By Cecilia Chow/ EdgeProp Singapore|January 10, 2020 8:58 AM SGT SINGAPORE (EDGEPROP) - On Jan 3, just two days after ringing in the New Year, potential buyers thronged the preview of three prime, freehold projects in Districts 9 and 10. Crowd at Leedon Green preview on Jan 3 (Photo: MCL Land-Yanlord Land)These were the 69-unit boutique development, Van Holland (former Toho Mansion) by Koh Brothers...

By Charlene Chin/ EdgeProp Singapore|January 10, 2020 8:00 AM SGT Parc Rosewood (Credit: Samuel Isaac Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - A 1,335 sq ft, two-bedroom penthouse unit at Parc Rosewood, along Rosewood Drive in Woodlands, will be put up for auction on Jan 21 at a guide price of $1.08 million ($809 psf), according to Edmund Tie, which is handling the auction. The fifth-floor...

By Timothy Tay/ EdgeProp Singapore|January 10, 2020 11:00 AM SGT SINGAPORE (EDGEPROP) - Capping off 2019, the most profitable deal during the two weeks of Dec 17 to 31 occurred at the Beverly Hill condominium on Grange Road. A 3,778 sq ft, four-bedroom unit on the eighth floor changed hands for $7.7 million ($2,038 psf) on Dec 20. It had been bought for $3.22 million ($852 psf) in April 1995. Thus, the...