Property News

Residential transactions with contracts dated Feb 4 to Feb 11 [DONE DEALS]

By EdgeProp Singapore / EdgeProp Singapore | February 21, 2020 8:00 AM SGT Original Article: https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-feb-4-feb-11-done-deals If you are looking to sell or purchase properties in Singapore, our team members can help you with Affordability Assessment and Asset Progression Plan. Call us now at +65 86666 944 or +65 9844...

Another push for Industry 4.0 amid coronavirus outbreak

By Dennis Yeo and Brenda Ong / Cushman & Wakefield | February 21, 2020 2:10 PM SGT Following the outbreak of the coronavirus, supply chains have undergone tremendous pressure. Recent reports document how the distribution of goods has been disrupted by factories in China shutting down on a massive scale and transport links being cut to contain the virus. Empty cargo barges on the Yangtze River in...

Four-bedroom unit at The Grange to be auctioned in sheriff’s sale

By Timothy Tay/ EdgeProp Singapore|February 21, 2020 11:30 AM SGT  SINGAPORE (EDGEPROP) - A 2,293 sq ft, four-bedroom unit at The Grange – in prime District 10 – will be put on the block by Colliers International on Feb 27. The freehold property will be sold in a sheriff’s sale. This means the property has been repossessed by the High Court, who has appointed Colliers to auction it. The proceeds...

The Avenir: Defining luxury in River Valley

By Cecilia Chow/ EdgeProp Singapore|February 21, 2020 10:00 AM SGT SINGAPORE (EDGEPROP) - The high-end condominium in prime District 9 made a splash at the start of the year. While sales may have slowed due to the Covid-19 outbreak, the developer is looking beyond the short term. Scale model of the twin 36-storey towers of The Avenir (Photo: Samuel Isaac Chua/EdgeProp Singapore) The novel...

Survey: Property seekers still keen despite COVID-19

By Felicia Tan / EdgeProp Singapore | February 21, 2020 9:28 PM SG Cover image: EdgeProp Singapore SINGAPORE (EDGEPROP) Feb 21 -- Property seekers in Singapore are still open to buying property despite the COVID-19 outbreak. Of the 177 respondents to EdgeProp’s Property Ownership Survey in response to the coronavirus conducted on Feb 7, 2020, 38.4% said they are looking to buy a property in the next...

Five terrace houses on Burghley Drive to launch from $3.48 mil each

By Timothy Tay / EdgeProp Singapore|February 20, 2020 9:00 AM SGT SINGAPORE (EDGEPROP) - A row of five terrace houses on Burghley Drive will launch for sale on Feb 21. The freehold properties are jointly developed by boutique developers FiveK Projects and Xinsha Land.The four-bedroom terrace houses are in a two-storey mixed landed housing estate in Serangoon Gardens. The properties are located at 2P,...

Long-term property investor sentiment positive amid virus outbreak

By Timothy Tay/ EdgeProp Singapore|February 19, 2020 9:15 PM SGT SINGAPORE (EDGEPROP) - Despite macroeconomic challenges and the highly unpredictable nature of the coronavirus outbreak, longer-term investor sentiment remains “extremely positive”, says Stuart Crow, CEO of capital markets in the Asia Pacific at JLL. “We foresee investor strategies becoming more selective and further diversification...

Centra Group launches freehold bungalows in Bukit Timah and Holland Grove

By Timothy Tay/ EdgeProp Singapore|February 19, 2020 8:58 PM SGT SINGAPORE (EDGEPROP) - Local property developer Centra Group has launched four freehold detached houses for sale from $11 million each. Each bungalow comes with a home lift, a 15m swimming pool, solar energy panels, and six en suite bedrooms. The properties are already completed and two will be sold fully furnished, enabling buyers to...

Freehold shophouse in Joo Chiat for sale at $4.5 mil

By Timothy Tay/ EdgeProp Singapore|February 18, 2020 4:22 PM SGT SINGAPORE (EDGEPROP) - A freehold shophouse at 452 Joo Chiat Road is available for $4.5 million, which translates to $2,140 psf on the existing built-up area of 2,100 sq ft. The property will be sold in an expression of interest (EOI) exercise, announced CBRE, the marketing agent. The conservation shophouse is in the Joo Chiat Secondary...

Singapore real estate investment up 26% y-o-y in 2019 to record US$9.6 bil

By Timothy Tay/ EdgeProp Singapore|February 17, 2020 4:31 PM SGT SINGAPORE (EDGEPROP) - A series of big-ticket office deals by global investors drove up the total investment volume in Singapore to a record high of US$9.6 billion ($13.34 billion) in 2019, an increase of 26% y-o-y, according to Real Capital Analytics (RCA).According to David Green-Morgan, Asia Pacific managing director at RCA, “the...

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