By Valerie Kor / EdgeProp Singapore | March 2, 2020 4:15 PM SGT Brick-and-mortar retail sector will struggle as consumers prefer to stay indoors due to virus fears, but supermarkets, convenient stores and medical goods will see higher demand (Photo: Albert Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) - For the retail sector, CBRE’s report “Real Estate Market Outlook 2020” predicts a continued...
By Valerie Kor / EdgeProp Singapore | March 2, 2020 4:10 PM SGT Chinese buyers are unlikely to feature in the short term but are expected to return in the middle to long term (Photo: Samuel Isaac Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) - Overall, CBRE expects Singapore’s property market to remain resilient despite macroeconomic headwinds. This is highlighted in CBRE’s report “Real Estate...
By Valerie Kor / EdgeProp Singapore | March 2, 2020 1:15 PM SGT SINGAPORE (EDGEPROP) - A portfolio of three conservation shophouses and a terrace house is up for sale for $38.36 million, according to Knight Frank Singapore, which is marketing the property. The four properties can either be purchased individually or as a portfolio. The three commercial shophouses are located within Districts 1 and 2, at...
By Timothy Tay/ EdgeProp Singapore|March 1, 2020 2:25 PM SGT SINGAPORE (EDGEPROP) - Bukit Sembawang Estates has sold all 39 units in Contemporary Collection, the final phase of Luxus Hills. Average prices of intermediate terraced houses were from $3.35 million to $3.4 million, or $2,070 psf to $2,100 psf based on land area."We have set a new benchmark with pricing for intermediate terraces," says Ho...
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...
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