Perspective

Hong Leong sells 20 units at The Avenir on launch weekend

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,...

Jean Yip’s hair-raising foray into property development

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...

How resilient is the demand for high-end condos?

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...

Parc Rosewood unit up for auction at $1.08 mil

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...

Beverly Hill unit makes $4.5 mil profit

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...

CDL submits $583.9 mil top bid for River Valley GLS site; Wee Hur’s $93.4 mil bid highest for Bartley site

By Timothy Tay/ EdgeProp Singapore|January 9, 2020 9:20 PM SGT The URA closed two government land tenders on Thursday – for a residential site at Irwell Bank Road, off River Valley Road, as well as a residential site at Jalan Bunga Rampai in the Bartley area. The URA will announce its decision on the award of the tenders at a later date, after the tender bids have been evaluated. The 137,632.6 sq ft...

Singapore ranks third in global survey for real estate demand

By Charlene Chin/ EdgeProp Singapore|January 9, 2020 2:57 PM SGT Singapore (pictured) trails London and New York as prime real estate cities of the world (Image from Shutterstock) SINGAPORE (EDGEPROP) - Singapore has been ranked as one of the top three prime real estate cities in the world, which boast strong demand from tenants, owners and consumers. The ranking is by global real estate investment...

Eleven retail shops in Sim Lim Square for sale at $22 mil

By Charlene Chin/ EdgeProp Singapore|January 8, 2020 3:15 PM SGT Sim Lim Square (Credit: Knight Frank Singapore) SINGAPORE (EDGEPROP) - A portfolio of 11 retail shops in Sim Lim Square is up for sale at the price of $22 million. The retail shops are prime, central podium-facing units on the fifth floor of the development, says Knight Frank Singapore, the exclusive marketing agent for the properties....

Two conservation shophouses along Tras Street for sale

By Charlene Chin/ EdgeProp Singapore|January 8, 2020 2:21 PM SGT Both shophouses are 260m from Tanjong Pagar MRT station, and are currently leased to f&b operators on the ground floor and SOHO users on the upper floors (Credit: CBRE) SINGAPORE (EDGEPROP) - Two 3-storey conservation shophouses along Tras Street are up for sale, at guide prices of $12 million and $10.8 million respectively, or...

Green Court at Geylang Road launched for collective sale

By Charlene Chin/ EdgeProp Singapore|January 8, 2020 2:15 PM SGT Green Court (Credit: Knight Frank Singapore) SINGAPORE (EDGEPROP) - The owners of Green Court, located along Geylang Road, have put up the freehold development for collective sale at the reserve price of $28 million, or $1,178 psf per plot ratio (ppr).Green Court is a freehold, three-storey commercial and residential development...

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