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Real estate still attractive despite short-term turbulence

By Bruce Wan, head of Asia Real Assets Research, BlackRock/ EdgeProp Singapore|March 13, 2020 9:00 AM SGT SINGAPORE (EDGEPROP) - The early part of 2020 is proving to be a little more eventful than usual, as the outbreak of the Covid-19 coronavirus drives widespread disruption to economic activity and investor confidence. Already, there is an obvious economic impact across Asia, with temporary factory,...

Unit at Village Tower reaps $1.87 mil profit

By Valerie / EdgeProp Singapore | March 13, 2020 9:44 AM SGT A unit at Village Tower made the top gain of $1.87 million over the past week (Photo: Albert Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at Village Tower located on Mount Sinai Rise made the top gain of $1.87 million over the week of Feb 25 to Mar 3. The 2,616 sq ft unit on the 16th floor was bought for $1.63 million...

Commercial building in Joo Chiat for sale at $34 mil

By Charlene Chin/ EdgeProp Singapore|March 11, 2020 5:17 PM SGT JK Centre (Credit: JLL)   SINGAPORE (EDGEPROP) - A freehold, corner, commercial building at Joo Chiat Road and Koon Seng Road is up for sale at a guide price of $34 million, or $1,627 psf on gross floor area (GFA), according to JLL, which is marketing the property.JK Centre is a part two-storey, part five-storey building on a 8,491 sq...

Wallich Residence penthouse sold at a record high

https://www.facebook.com/asianprimegroup/ By Cecilia Chow / EdgeProp Singapore | March 6, 2020 1:21 PM SGT  SINGAPORE (EDGEPROP) - With the sale of the fourth penthouse at Wallich Residence hitting an all-time high of $4,987 psf this January, GuocoLand is looking to set a new benchmark of $5,300 psf with the final penthouse now on the market. At Wallich Residence, the tallest skyscraper in...

Veerasamy Road freehold conservation shophouse going for $5.08 mil

By Timothy Tay/ EdgeProp Singapore|March 6, 2020 10:30 AM SGT  SINGAPORE (EDGEPROP) - A two-storey shophouse at 22 Veerasamy Road will go on the block at Edmund Tie’s auction on March 25. The freehold property is priced from $5.08 million and sits on a 1,951 sq ft plot. Thus, the guide price translates to about $2,604 psf on the land area. The property is in the Little India Conservation Area off...

Arcc Spaces to launch flagship space at One Marina Boulevard in April

By Charlene Chin/ EdgeProp Singapore|March 6, 2020 8:06 AM SGT  View from Arcc Spaces One Marina Boulevard (Credit: Arcc Spaces) SINGAPORE (EDGEPROP) - Singapore-based co-working space operator Arcc Spaces is set to launch its flagship space at One Marina Boulevard in April. The new space will occupy 19,000 sq ft on the 20th floor of the building, with views of Marina Bay and the CBD. Offerings...

Residential transactions with contracts dated Feb 18 to Feb 25 [DONE DEALS]

By EdgeProp Singapore / EdgeProp Singapore | March 6, 2020 8:00 AM SGT Original Article: https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-feb-18-feb-25-done-deals If you are looking to sell or purchase properties in Singapore, our team members can help you with Affordability Assessment and Asset Progression Plan. Call us now at +65 86666 944 or +65 9844...

Six-bedder at St Thomas Suites on sale for $10.3 mil

By Charlene Chin/ EdgeProp Singapore|March 6, 2020 7:58 AM SGT View from the master bedroom (Credit: Samuel Isaac Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - A 4,672 sq ft, six-bedroom unit at St Thomas Suites along St Thomas Walk in District 9 is up for sale at $10.3 million ($2,204 psf). Located above the 30th floor, the duplex unit has three bedrooms on the first floor and three bedrooms on...

Unit at Dormer Park reaps $2.03 mil profit

By Valerie Kor / EdgeProp Singapore | March 6, 2020 10:12 AM SGT The seller of a resale unit at Dormer Park along Jervois Road made a 148% profit, or an annualised profit of 6% over nearly 17 years (Photo: Samuel Isaac Chua/EdgeProp) SINGAPORE (EDGEPROP) - The seller of a unit at Dormer Park located on Jervois Road made the top gain of $2.03 million over the week of Feb 18 to 25. The...

Three URA residential site tenders close with lukewarm response from developers

By Charlene Chin/ EdgeProp Singapore|March 5, 2020 4:48 PM SGT  Source: URASINGAPORE (EDGEPROP) - URA has closed tenders for three Government Land Sales (GLS) for two neighbouring residential sites at Canberra Drive (Parcels A and B) and Fernvale Lane on March 3. The top bids received for all sites were “conservative” and the participation “lukewarm”, says Christine Li, head of research,...

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