Commercial Property

CBRE launches tender for collective sale of Newton Lodge

CBRE launches tender for collective sale of Newton Lodge

Newton Lodge is a 16-unit apartment development which is located less than 300 metres away from Novena MRT Station.

New property measures may target small units:DBS

Despite the proportion of buyers falling marginally to 33% in January 2011, channel checks confirmed that smaller size units remained popular.

Developers slowly raise prices of properties:DBS

New launches have achieved decent take-up and developers are taking this window of opportunity to raise prices, although at a slower rate.

Urban Redevelopment Authority seeks feedback on proposed property regulatory changes

URA will be enhancing the HDCLA and HDR to give home-buyers access to accurate and timely information about the market and units that they are buying...

Housing and Development Board launched tender for land at Pasir Ris Central

The sale of land at Pasir Ris Central/Pasir Ris Drive 1 is under the Design, Build and Sell Scheme.

Tender for Sengkang Square received 9 bids

Keppel Land Realty emerged as highest bidder with the bid of $286,790,000 or $5,400.94 psm.

More Singaporeans invest in London residential property

OCBC's volume of London home loans more than doubled in the last quarter of 2010.

Private home sales likely to hover around 800-1,000 unit level in March 2011

Developers are expected to continue to push out their projects in March 2011 amid mounting global uncertainties, said Colliers International.

URA to launch tender for second sale site in Jurong Lake District

The Urban Redevelopment Authority announced that it has accepted an application from a developer to put up the second sale site in Jurong Lake...

Prime retail rentals remain unchanged in Q1 2011:DTZ

Rental values for prime first-storey retail space islandwide were unchanged as the industry continues to grapple with the demand-supply dynamics that...

Ministry of Law proposes new measures to safeguard conveyancing money

The Conveyancing Bill aims to address the risk of rogue lawyers defalcating clients' conveyancing money.

Grand Tower up for collective sale at $92mn

This works out to be $1430 psf ppr based on potential GFA of 64,310 sq ft.

Foreign investor participation seen to increase in 2011

Regional investors from Asia Pacific were the largest group of foreign investors in Singapore.

Singapore REITS rental income to average 4.2% in 2011

S-REITs are forecasted to deliver FY10-12F DPU CAGR of 5.5% - 9.2%, which is above inflation.

Tender for Robertson Quay closed with 9 bids

Novel Developments and New Vista Realty submitted the highest bid of $127.76 million.

Amber Glades sold enbloc for $118.1mn

Far East Organization have bought Amber Glades enbloc site through a collective sale.