Commercial Property
Amber Towers up for collective sale at $168mn to $172mn
Amber Towers up for collective sale at $168mn to $172mn
The condominium project along Meyer Rd has a potential GFA of 145,813 sqft.
Rents in Asia edged up by 9.6% in 2010 as demand for office spaces in Singapore heightened
Rental growth in Singapore accelerated to 12.2% in the fourth quarter while rents in Beijing and Shanghai also continued to appreciate.
A record US$5bn poured into Singapore real estate investment in 4Q 2010
Real estate investment volume in Singapore accounted for 31% of Asia's total volume for the last quarter of 2010.
Capital Square expects bids of up to $2,500psf
The succesful transaction of Capital Square should help to lift property valuation in the vicinity, said DBS.
2 Havelock Road up for sale for $302mn
AEW, the seller, has carried out an extensive refurbishment by increasing its NLA by about 20 percent.
Private home sales fell 11% in January 2011
New projects that were launched in January saw weaker take-up of less than 50 percent.
Singapore's January private home sales drop 9.7%
Private residential market remained affordable in January as 46.2% of all private units sold were in the <$1,000psf price range.
Property measures not meant to kill the market
It is unnatural to expect property prices to remain strong, said MND Minister Mah.
Singapore office rents surged 10% in 4Q 2010
Boosted by robust occupier demand amid a buoyant economy, Singapore office rents grew the fastest in Asia Pacific.
Hong Kong beats Singapore again as second most expensive location in Asia Pacific
Tokyo remains the most expensive location having occupancy cost of US$105.09 per sq ft per annum.
Ascendas REIT tests Chinese waters with S$117.6 mln investment
A-REIT purchased a 7.9 hectare property in an export and processing zone in Shanghai.
Tender for Bartley Road site launched
The Urban Redevelopment Authority placed the 2.21-hectare residential site at Bartley Road / Lorong How Sun for sale.
A-REIT purchases a business space property in Shanghai
The company said acquisition of lot in Jinqiao Export and Processing Zone is a yield accretive investment with potential for capital appreciation.
Singapore office rents insensitive to GDP changes
Office rents are less sensitive in the GDP variations in Singapore, according to DTZ.
URA launches tender for residential site at Bartley Road
The land parcel at Bartley Road/ Lorong How Sun has a site area of about 2.21 ha.
URA wants accurate info on housing projects
Changes to the law may be in store for property developers on how they build and present showflats to potential buyers.
Government bans sneaky developers from faking show flats
The regulation will be introduced to ensure developers build showflats that accurately represent the actual units in a project.
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