By Timothy Tay/ EdgeProp Singapore|February 17, 2020 5:19 PM SGT SINGAPORE (EDGEPROP) - A total of 618 new private residential units (excluding executive condominiums or ECs) were sold last month. This is an increase of 14.9% m-o-m compared to 538 units sold in December last year, and up 41.4% y-o-y, according to the latest statistics by URA. According to Christine Li, head of research for Singapore...
By Cecilia Chow/ EdgeProp Singapore|February 17, 2020 3:14 PM SGT SINGAPORE (EDGEPROP) - Coronavirus concerns did not deter families from attending the public preview of OLA, the 548-unit executive condo (EC) located at Anchorvale Crescent in Sengkang. About 3,200 people visited the OLA sales gallery over the weekend of February 15-16. Crowd at Ola sales gallery over the weekend of Feb 15-16...
By Timothy Tay/ EdgeProp Singapore|February 17, 2020 5:24 PM SGT SINGAPORE (EDGEPROP) - The IOB Building at 64 Cecil Street is on the market from $1,800 psf per plot ratio (ppr), announced marketing agent Knight Frank Singapore. Located at the junction of Cecil Street and Cross Street, IOB Building is a six-storey office development with two basement carpark floors. The property sits on a 9,599 sq ft...
By Cecilia Chow/ EdgeProp Singapore|February 16, 2020 9:57 PM SGT SINGAPORE (EDGEPROP) Feb 16, 2020 – Joint venture companies, Hoi Hup Realty and Sunway Developments, announced that 316 out of a total of 496 units in Parc Canberra executive condo (EC) have been sold over the weekend. This translates to a 64% take up rate. Units were sold at an average price of $1,085 psf. Balloting of units at...
By Timothy Tay/ EdgeProp Singapore|February 14, 2020 4:39 PM SGT SINGAPORE (EDGEPROP) - Premium office occupancy costs in Singapore have been ranked as the 14th most expensive in the world, with net effective rents and occupancy costs running at about US$117 ($162.73) per year psf (py/psf), or just over half the premium rents in Hong Kong’s Central District.The result is based on JLL’s “Premium...
By Charlene Chin/ EdgeProp Singapore|February 14, 2020 7:58 AM SGT The seller of a unit at Camelot By-The-Water, on Tanjong Rhu Road, made the top gain over the week of Jan 28 to Feb 4 (Credit: Albert Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at Camelot By-The-Water, on Tanjong Rhu Road, made the top gain of $1 million over the week of Jan 28 to Feb 4. The 4,801 sq ft unit...
By Timothy Tay/ EdgeProp Singapore|February 12, 2020 9:15 PM SGT SINGAPORE (EDGEPROP) - Aberdeen Standard Investments (ASI) has acquired a row of six adjoining shophouses along 48 to 56 Peck Seah Street for $54 million, or about $2,700 psf, in a deal concluded by JLL.This is ASI’s first acquisition in Singapore for its global real estate portfolio. The two-storey shophouses boast a 33m street...
By Timothy Tay / EdgeProp Singapore|February 12, 2020 9:30 PM SGT SINGAPORE (EDGEPROP) - Three shophouses at 7, 9, and 11 Jasmine Road, along with an adjacent plot of vacant land, are available for $22.88 million. The guide price translates to $1,185 psf and includes an estimated development charge based on the proposed gross floor area of 21,363 sq ft upon redevelopment of the site, says marketing...
By Timothy Tay/ EdgeProp Singapore|February 11, 2020 4:22 PM SGT SINGAPORE (EDGEPROP) - Three strata office units at Fu Lu Shou Complex have been launched for sale by Expression of Interest exercise at $1,400 psf, which works out to a price tag of about $7.2 million, announced CBRE, the sole marketing agent.Fu Lu Shou Complex is a six-storey mixed-use development at 149 Rochor Road, and it comprises a...
By Timothy Tay/ EdgeProp Singapore|February 11, 2020 3:47 PM SGT SINGAPORE (EDGEPROP) - HDB has launched 3,095 flats for sale under its February 2020 Build-To-Order (BTO) exercise. Two new projects are in Toa Payoh, while one is in Sembawang.Located at the junction of Lorong 1 Toa Payoh and Toa Payoh Rise, the 920-unit Toa Payoh Ridge comprises four blocks of 25 to 40 storeys. There will be 653...
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