SINGAPORE (EDGEPROP) – City Developments Limited (CDL) and its joint venture partner, Hong Realty (Private) Limited, announced on May 2nd that it will launch luxurious Amber Park on Saturday, 4 May 2019, following the opening of its sales gallery for viewing on 27 April 2019.The freehold 592-unit condominium has a strategic location in the exclusive Amber Road enclave within the East Coast area. It is...
SINGAPORE (EDGEPROP) – Sloane Residences (previously Sloane Court Hotel) in an upcoming new property launch located along 17 Balmoral in the prime District 10. Tiong Seng Holdings and Ocean Sky International, in a joint venture, bought the site area at a cost of S$80.5 million. The condo is on a FREEHOLD tenure, something that presents even greater value for investors as well as those planning to upgrade...
SINGAPORE (EDGEPROP) – Parc Clematis is a new up and coming residential development by SingHaiyi Group that’s located at the heart of Clementi. The 99-year old leasehold condo replaces the former Park West Enbloc, which was successfully sold to the developer at a cost of $840.89 million. The condo project is expected to yield a total of 1,500 units.An upswing of enblocs in real-estate has been...
SINGAPORE (EDGEPROP) – Haus on Handy is a brand new property launch that is coming up at Handy Road, off Orchard Road in the highly sought-after District 9. Part of the land, as purchased by developer CDL Development under its subsidiary CDL Regulus, houses a conservation building, which will be converted into a clubhouse. Haus on Handy will comprise 3 towers of 8 to 10 storeys high that will yield a...
SINGAPORE (EDGEPROP) – Riviere is an exciting up and coming residential development situated along Jiak Kim Street at the heart of Robertson Quay. Brought to you Singapore’s renowned develop Frasers Property; the development will include a mix of several residential units, serviced apartments and a couple of conservation warehouses. Riviere brings together century-old timeless design and iconic modern...
SINGAPORE (EDGEPROP) – Queensway Shopping Centre and its adjoining apartment, Queensway Tower, have started the process for en bloc sale. Berita Harian which reported on the en bloc attempt of Queensway Shopping Centre and Queensway Tower noted that the en bloc sales process was started after the property cooling measures introduced by the Government in July last year. Many en bloc sales attempt failed...
SINGAPORE (EDGEPROP) – Referring to the recently released statistics by the Urban Redevelopment Authority (URA), JLL said that the retail property market is still trying to find its footing. JLL said that both the rent and price indices of retail space in the Central Region returned to the contractionary mode following 4Q18’s expansions.Image credit: Wikimedia CommonsJLL said rents only recorded a...
SINGAPORE (EDGEPROP) – The Singapore industrial is a picture of stability with cautious optimism ahead for 2019, said a JLL commentary on the JTC All Industrial Rental Index in Q1 2019. The report said that the Singapore industrial property market starting the year on a positive note as net absorption of industrial space improved quarter-on-quarter and year-on-year.Tay Huey Ying, JLL’s Head of...
SINGAPORE (EDGEPROP) – Sim Lim Square owners on April 29 put up the property for collective sale via public tender with a reserve price of $1.25 billion. Sim Lim Square owners each stand to receive between $488,000 and $67.5 million if the sale is successful, said marketing agent SLP Scotia. More than 80 per cent of the 423 owners consented to the sale on March 11.Image credit: Skirtick, Wikimedia...
SINGAPORE (EDGEPROP) – JLL, as the exclusive marketing agent for the ‘stand-alone’ commercial property, is inviting offers through an Expression of Interest (EOI) exercise for the purchase of 1 Jalan Taman, St Michael’s Place – Commercial Block – located near to Boon Keng MRT station.This ‘stand-alone’ commercial property is well-positioned to capture the growth and strength of the premium...
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