Commercial Property

Compassvale Bow parcel receives highest bid at $193.28mln

Compassvale Bow parcel receives highest bid at $193.28mln

Sengkang E6 made 11 companies submit themselves as tenderers for Executive Condominium (EC) housing development of the 19,000 sq m land parcel.

Ascott brings Citadines brand to Kyoto

Citadines Kyoto Karasuma-Gojo is situated near business districts, tourist belt and UNESCO heritage sites.

Luxury projects post maximum $3,400 psf launch price

With higher launch prices last quarter compared with 2008, the luxury residential market is set for expected rebound.

CapitaLand puts up subsidiary in Malaysia

CapitaLand Commercial (Malaysia) Sdn Bhd has been established with investment and provision of project services as its core activities.

Development charges revised for different property sectors

Development charges for the industrial property sector are unchanged while commercial and non-landed residential see revisions.

CentraLand profits up to RMB12.2 million on rental income

Inherent lumpiness though of revenue recognition caused a decline in revenue from RMB713.7 million to RMB155.0 million.

Heeton profits up 144% on boom in property development unit

Group eyes increased growth in 2010 as it will launch its Grange Road project.

Sing Holdings profits up 307.2% on strong residential sales

Company's launching of The Laurels is seen to boost profits further in 2010.

ARA profits up 32% on acquisition and performance fees

Group completed ARA Harmony Fund and its real estate management services business division for future development.

Property tax changes benefit low income earners: PropNex

PropNex CEO Mr Mohamed Ismail said the Budget 2010 aims to level the playing field further, especially for the lower-income bracket households.

Measures take effect to ensure a stable property market

The Government introduced a Seller’s Stamp Duty (SSD) and lowered the Loan-to-Value (LTV) limit to 80% for all housing loans.

Singapore's 2009 private homes transactions grew by 131%

Country manages jump in private homes transactions despite 47% plunge in quarter-to-quarter sales in 2009 Q4.

PropNex Realty props up sales by 300% from December

PropNex Realty reported Wednesday an increase of over 300% from December in sales of private residential units.

A-REIT to acquire properties totaling S$228.5mln

DBS Asia Hub, 31 Joo Koon Circle and a property under development aimed boosting company’s portfolio.

HDB launches 2 BTO projects in Punggol and Woodlands

The Housing and Development Board is launching two build-to-order projects, offering a total of 1,534 flats.

Singapore residential property weekend roundup: Centennia Suites Hot

Last weekend saw an uptrend in high end properties with hot interest in Centennia Suites, developed by The Lippo Group, along River Valley Road.

Singapore office market remains lukewarm in Q4 2009

CB Richard Ellis study showed prime office rents in Singapore fell despite increased activity of tenants.