By Valerie Kor / EdgeProp Singapore | February 28, 2020 4:00 PM SGT The per sq ft price is the highest for a single strata office floor within the CBD in the last five years. (Photo: CBRE) SINGAPORE (EDGEPROP) - CBRE has recently brokered the transaction of a strata office floor on the 11th storey of Samsung Hub for $49.78 million. The 999-year building has 30 storeys in total. The office floor...
By Charlene Chin/ EdgeProp Singapore|February 28, 2020 7:58 AM SGT The seller of a resale unit at The Balmoral made a 60% profit, or an annualised profit of 3% over almost 14 years (Credit: Albert Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at The Balmoral, along Balmoral Park, made the top gain of $1.77 million over the week of Feb 11 to 18. The 3,154 sq ft unit on the...
https://www.facebook.com/asianprimegroup/ By Mike Batchelor,CEO/ JLL Hotels & Hospitality Asia|February 28, 2020 4:32 PM SGT SINGAPORE (EDGEPROP) - Since January, the spread of the Covid-19 coronavirus has become a confronting reality for individuals, communities and businesses all across the globe. The unpredictable nature of the outbreak has also prompted a substantial realignment of...
By Timothy Tay/ EdgeProp Singapore|February 28, 2020 9:30 AM SGT SINGAPORE (EDGEPROP) - A bungalow in the landed housing estate along Sunset Way has been the family home for a Permanent Resident and his family for the past 10 years. But the house has recently been put on the market as the owner’s wife and children have returned to their home country. The freehold bungalow sits on an elevated 10,498...
By Valerie Kor / EdgeProp Singapore | February 27, 2020 4:10 PM SGT The four-storey Porcelain Hotel is up for sale under an Expression of Interest exercise that closes on 27 March. (Photo: The Porcelain Hotel) SINGAPORE (EDGEPROP) - The Porcelain Hotel in Chinatown is up for sale at a guide price of $115 million, or $2,950 psf on the gross floor area. The 138-key, 99-year boutique hotel occupies a...
By Valerie Kor / EdgeProp Singapore | February 27, 2020 9:35 AM SGT CDL executive chairman Kwek Leng Beng (right) and group CEO Sherman Kwek at the group’s 2019 results briefing on Feb 26 at M Hotel Singapore (Photo: City Developments Limited) SINGAPORE (EDGEPROP) - City Developments (CDL) rounded off 4Q2019 with a strong performance of a 12.5% increase in profit to $87.7 million. Overall, the...
By Valerie Kor / EdgeProp Singapore | February 26, 2020 5:30 PM SGT Colliers recommends various property sectors to accelerate technology adoption. (Picture: Unsplash) SINGAPORE (EDGEPROP) - To assess how Singapore’s real estate markets will be impacted due to the ongoing virus outbreak, Colliers International’s new research report references market performance during the SARS outbreak in 2003....
By Timothy Tay|February 24, 2020 7:51 PM SGT SINGAPORE (EDGEPROP) - Ascendas Real Estate Investment Trust (Ascendas Reit) has entered into a sale and purchase agreement to divest its warehouse property at 25 Changi South Street 1 for $20.3 million. According to Ascendas Funds Management (S), the manager of Ascendas Reit, the buyer is convenience store chain Hao Mart. The two-storey, ramp-up building...
By Valerie Kor / EdgeProp Singapore | March 6, 2020 10:12 AM SGT SINGAPORE (EDGEPROP) - Wing Tai Asia announced that more than 360 units (70%) of the 522-unit condominium project, The M on Middle Road, were sold over the weekend of Feb 22-23. The average price achieved for units sold was $2,450 psf. More than 360 units (70%) sold at The M over the weekend, at an average price of $2,450 psf...
By Charlene Chin/ EdgeProp Singapore|February 21, 2020 7:58 AM SGT The seller of a unit at Watermark Robertson Quay, on Rodyk Street, made the top gain over the week of Feb 4 to 11 (Credit: Samuel Isaac Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at Watermark Robertson Quay, on Rodyk Street, made the top gain of $1.47 million over the week of Feb 4 to 11. The 1,916 sq ft...
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