Property News

Beverly Hill unit makes $4.5 mil profit

By Timothy Tay/ EdgeProp Singapore|January 10, 2020 11:00 AM SGT SINGAPORE (EDGEPROP) - Capping off 2019, the most profitable deal during the two weeks of Dec 17 to 31 occurred at the Beverly Hill condominium on Grange Road. A 3,778 sq ft, four-bedroom unit on the eighth floor changed hands for $7.7 million ($2,038 psf) on Dec 20. It had been bought for $3.22 million ($852 psf) in April 1995. Thus, the...

CDL submits $583.9 mil top bid for River Valley GLS site; Wee Hur’s $93.4 mil bid highest for Bartley site

By Timothy Tay/ EdgeProp Singapore|January 9, 2020 9:20 PM SGT The URA closed two government land tenders on Thursday – for a residential site at Irwell Bank Road, off River Valley Road, as well as a residential site at Jalan Bunga Rampai in the Bartley area. The URA will announce its decision on the award of the tenders at a later date, after the tender bids have been evaluated. The 137,632.6 sq ft...

Singapore ranks third in global survey for real estate demand

By Charlene Chin/ EdgeProp Singapore|January 9, 2020 2:57 PM SGT Singapore (pictured) trails London and New York as prime real estate cities of the world (Image from Shutterstock) SINGAPORE (EDGEPROP) - Singapore has been ranked as one of the top three prime real estate cities in the world, which boast strong demand from tenants, owners and consumers. The ranking is by global real estate investment...

Eleven retail shops in Sim Lim Square for sale at $22 mil

By Charlene Chin/ EdgeProp Singapore|January 8, 2020 3:15 PM SGT Sim Lim Square (Credit: Knight Frank Singapore) SINGAPORE (EDGEPROP) - A portfolio of 11 retail shops in Sim Lim Square is up for sale at the price of $22 million. The retail shops are prime, central podium-facing units on the fifth floor of the development, says Knight Frank Singapore, the exclusive marketing agent for the properties....

Two conservation shophouses along Tras Street for sale

By Charlene Chin/ EdgeProp Singapore|January 8, 2020 2:21 PM SGT Both shophouses are 260m from Tanjong Pagar MRT station, and are currently leased to f&b operators on the ground floor and SOHO users on the upper floors (Credit: CBRE) SINGAPORE (EDGEPROP) - Two 3-storey conservation shophouses along Tras Street are up for sale, at guide prices of $12 million and $10.8 million respectively, or...

Green Court at Geylang Road launched for collective sale

By Charlene Chin/ EdgeProp Singapore|January 8, 2020 2:15 PM SGT Green Court (Credit: Knight Frank Singapore) SINGAPORE (EDGEPROP) - The owners of Green Court, located along Geylang Road, have put up the freehold development for collective sale at the reserve price of $28 million, or $1,178 psf per plot ratio (ppr).Green Court is a freehold, three-storey commercial and residential development...

HDB resale price index rises for second consecutive quarter in 4Q2019

By Cecilia Chow/ EdgeProp Singapore|January 2, 2020 11:43 PM SGT SINGAPORE (EDGEPROP) - The rise in suburban property prices is reflected in the HDB resale price index, which increased 0.4% q-o-q, according to latest flash estimates for 4Q2019. This was slightly higher compared to the 0.1% q-o-q increase in 3Q2019, demonstrating that “price recovery in the public housing market is on a firmer...

Private property price index up 0.3% in 4Q2019; projected to rise 2.5% for the full year

By Cecilia Chow/ EdgeProp Singapore|January 2, 2020 11:56 PM SGT SINGAPORE (EDGEPROP) - The flash estimate for 4Q2019 released by the URA showed a slower pace of growth in the overall private residential property price index: 0.3% q-o-q in 4Q2019 compared to 1.3% in 3Q2019. The launch momentum in the CCR picked up in 4Q2019 with six new projects placed on the market (Photo: Samuel Isaac...

Piermont Grand e-application to begin for launch in 2019

SINGAPORE (EDGEPROP) - For eligible Executive Condominium (EC) buyers, applications for Piermont Grand, the highly anticipated first EC launch of the year, will start from Friday 12 July – Monday 22 July 2019.Luxurious waterfront Executive Condominium overlooks My Waterway@PunggolA three-minute walk to Sumang and Nibong LRT stations which are connected to Punggol MRT station and bus interchangeNear...

Two exclusive Good Class Bungalows up for sale at $42m each

SINGAPORE (EDGEPROP) - Edmund Tie & Company (ET&Co), the exclusive sole marketing agent for the two exclusive Good Class Bungalows (GCB), said that it is pleased to offer 5 Bin Tong Park in District 10 and 22A King Albert Park in District 21, up for sale via Expression of Interest (EOI).Image credit: ET&Co5 Bin Tong Park (D10)5 Bin Tong Park is a freehold estate with a total land area of...

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