SINGAPORE (EDGEPROP) – Flynn Park, a freehold collective sale site off Pasir Panjang Road, has just been relaunched for sale by tender by sole marketing agent, JLL.Flynn Park was launched for tender in May last year at the minimum price of S$363.8m and the tender closed on 29 June 2018 without a buyer.Following the announcement of the July 2018 market cooling measures, the Collective Sale Committee...
SINGAPORE (EDGEPROP) – HDB’s flash estimate of the 4th Quarter 2018 Resale Price Index (RPI) is 131.4, a decline of 0.2% over that in the 3rd Quarter 2018. Based on the flash estimate, the decline in resale flat prices for the whole year of 2018 is 0.9%. HDB said that its Resale Price Index provides information on the general price movements in the resale public housing market.Screengrab HDBHDB said...
SINGAPORE (EDGEPROP) – UOB launches a programme to support of SMEs through innovation and internationalisation on October 22. As more small- and medium-sized enterprises (SMEs) embrace Industry 4.0, United Overseas Bank (UOB) has launched a programme to help them innovate and internationalise. The Bank will provide financial support to SMEs through working capital loans, equipment financing, and...
SINGAPORE (EDGEPROP) – JLL today announced that a 999-year CBD conservation shophouse in heart of Central Business District (CBD) is up for sale. JLL is the exclusive marketing agent for the 999-year CBD conservation shophouse located at 21 Boon Tat Street. The 999-year CBD conservation shophouse with attic occupies a land area of 1,759 sf and has a total area of approximately 3,874 sf. It has a tenure...
Image Credits: Image of a condo was taken by iCompareLoan for illustration purpose only. SINGAPORE (EDGEPROP) – Treasure at Tampines is a brand new 99 years leasehold condominium development by the renowned Sim Lian Construction Company Ltd. Formerly known as Tampines Court, the development is located in 18 Tampines Street 11, at the heart of District 18. Just as its name suggests, Treasure at...
SINGAPORE (EDGEPROP) – A freehold boutique hotel at the corner of Outram and Tiong Bahru Road is being sold for $46 million. Wangz Hotel which is a prominent landmark in that area because of its distinctive barrel-shaped aluminium-clad look is being sold by Glastech Pte Ltd.Image credit: Google MapThe sale works out to about $1.12 million per room for the six-storey, 41-room, freehold boutique hotel....
SINGAPORE (EDGEPROP) – A retail sector research by Savills released on 17 August, suggests that vacancies are moderating while rents are weakening. The research by the prominent real estate services company noted that despite the festive spending prior to Hari Raya Aidilfitri, which lifted retail sales (excluding motor vehicles) in May, the overall sales growth for both April and May was restrained...
SINGAPORE (EDGEPROP) – CapitaLand Limited and joint venture partner City Developments Limited (CDL) have successfully clinched the prime site in Sengkang Central. The attractive mixed-use residential and commercial site was won at a tender price of $777.78 million. The bid was submitted on a Two-envelope Concept and Price Revenue tender system which works out to S$923.60 per square foot of gross floor...
SINGAPORE (EDGEPROP) – A freehold commercial corner development site with a 40-metre wide dual frontage along Serangoon Road and Petain Road has just been launched for sale via an Expression of Interest (EOI) exercise by exclusive marketing agent, JLL. Freehold commercial corner development site comes with a guide price of $22 million reflecting $1,471 psf ppr.The corner development site consists of 450...
SINGAPORE (EDGEPROP) – Sales prices and rents of office properties continuing to recover in Q2 2018 should be good news to commercial property landlords. The continued recovery is driven by stronger demand for space from a broad range of sectors, as well as improved investment sales, and more positive business sentiment and upbeat economic outlook.OFFICENoting the office properties continued recovery,...
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