Perspective

SINGAPORE (EDGEPROP) – Urbanisation and demographics continue to create opportunities for commercial real estate investment amid late-cycle environment.Asia Pacific’s overall real estate transaction volumes in 2019 are expected to rise by five per cent, though the pace of growth momentum will slow down, says global real estate consultant JLL.Geyland Commercial retail shophouses“A decade into the...

SINGAPORE (EDGEPROP) – Savills Singapore today announced the launch for sale by Expression of Interest, 22 & 24 Jalan Lateh, a mixed landed development site in the Braddell Heights residential enclave near Bidadari Estate.The subject freehold site comprises a pair of semi-detached homes with a combined land area of approximately 11,136 sq ft (1,034 sqm). Off Sommerville Road, the near rectangular...

SINGAPORE (EDGEPROP) – CBRE is launching the sale of the penthouse office floor in Chinatown Point at a guide price of S$2,080 per square foot via an Expression of Interest (EOI) exercise. The sale offering consists of four strata-titled units on the top level with areas ranging from 2,346 square feet to 2,486 square feet. The combined strata floor area is approximately 9,719 square feet.Image credit:...

SINGAPORE (EDGEPROP) – Singapore residential market is projected to exhibit both volumes and price weakness in 2019, said a recent research paper by DBS Research Group.The report in saying that the Singapore residential market is waiting for its turn to shine said that while there is good value in developers’ share prices, judging by historical trends in past property down-cycles, developers are...

SINGAPORE (EDGEPROP) – Edmund Tie & Company (ET&Co), the sole marketing agent for the collective sale of Golden Mile Complex, on Jan 7 announced that the landmark commercial property is up for sale by tender. ET&Co informed that the Urban Redevelopment Authority (URA) has advised that a gross floor area (GFA) of 85,977.5 sqm can be considered. This is subject to the conservation of the main...

SINGAPORE (EDGEPROP) – CBRE on Jan 7 launched the sale of HighPoint at 30 Mount Elizabeth via Public Tender. Prominently located within the prime Mount Elizabeth-Orchard district, one of Singapore’s most prestigious enclaves, the HighPoint sits on a freehold cul-de-sac plot of approximately 47,606 sq ft on Mount Elizabeth Road, a gentle hillside route from Orchard Road leading to the most elevated...

SINGAPORE (EDGEPROP) – Realty Centre a commercial property located at 15 Enggor Street has been put up for collective sale with a reserve price of $165 million.Realty Centre is a freehold site, which has a land area of 1,021.9 square metres or approximately 11,000 sq feet and is zoned for commercial use under the Urban Redevelopment Authority’s 2014 Master Plan.Cushman & Wakefield, the sole...

SINGAPORE (EDGEPROP) – The private home price rose almost 8 per cent in 2018 said the Urban Redevelopment Authority (URA) released flash estimate. The URA flash estimate of the price index for private residential property for 4th Quarter 2018 released today said overall, the private residential property index decreased by 0.1 points from 149.7 points in 3rd Quarter 2018 to 149.6 points in 4th Quarter...

 Image credit: JLLSINGAPORE (EDGEPROP) – Located in the heart of City Hall, Singapore’s Civic District, Peninsula Plaza is a 32-storey office building with a 5-storey retail podium. Widely known as Singapore’s “Little Burma”, the retail podium offers a myriad of F&B, retail and service offerings. The basement is filled with restaurants and eateries, popular amongst visitors, tourists and...

SINGAPORE (EDGEPROP) – Developed by UOL Group Ltd, one of Singapore’s renowned developers, Amber 45 is an upcoming new property launch that lies within the prime East Coast area. The development is a freehold condo that houses a total of 139 exclusive residential units. The fact that the property is freehold promises potential home seekers and investors a lot more value compared to the common 99-year...