Kalpana Rashiwala

Kalpana Rashiwala

SENIOR CORRESPONDENT

Kalpana Rashiwala is a senior correspondent with The Business Times. She covers the Singapore property market including investment sales transactions, the office market, shophouses, and the landed residential and luxury condo sectors, among others. She has been with The Business Times for over 20 years. 

krsite20 - Land in district 10

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SINGAPORE PROPERTY

Watch maven Tay Liam Wee sells Nassim GCB plot for S$92 million or S$3,846 psf

The 23,922-sq-ft vacant site is being sold by former Sincere Watch boss to founder of medical aesthetics clinic chain V Medical

The property is near Tan Kah Kee MRT station on the Downtown Line.
SINGAPORE PROPERTY

Ong family of Green Bus Co fame sells Dunearn bungalow for S$55 million

The 24,190 sq ft freehold site can be redeveloped into a mix of new landed homes

The nearly 10,200 sq ft FairPrice Finest supermarket space in Coronation Shopping Plaza is the only freehold asset in the portfolio.
SINGAPORE PROPERTY

Private fund said to be buying 11 Mercatus retail assets for S$281 million

Portfolio comprises private strata space in Bukit Timah Plaza and Coronation Shopping Plaza, and nine HDB properties

78 Shenton Way’s Tower 1 (first from right) is a 34-storey granite-clad building completed in 1988. The 11-storey glass-clad Tower 2 beside it was completed in 2009.
SINGAPORE PROPERTY

Allgreen Properties, Kuok Singapore complete purchase of 78 Shenton Way

The new owners are not expected to redevelop the asset in the near term; they will hold it as landbank

Vincent Yeo, CEO, CDL Hospitality Trusts
TOPLINE

CDLHT eyes rebound after renovation drag as Singapore tourism outlook brightens

Despite stronger magnets elsewhere, Singapore can still play to its strengths in offering safety and global connectivity, says the CEO of the...

The latest site in Lentor Central, the tender for which closed on Tuesday (Mar 3), can yield about 560 private homes.
SINGAPORE PROPERTY

GuocoLand-led group tops Lentor Central site tender, with S$1,278 psf ppr bid above expectations

State tender for the private housing site garners five bids

Generic pictures of private properties in Singapore.
SINGAPORE PROPERTY

Land betterment charges upped 4.1% on average for non-landed residential, 4% for landed residential uses

LBC rates raised on average by 3.2% for industrial and 0.5% for commercial use groups; no change for hotel/hospital/nursing home use

krcecil24 - 158 Cecil Street


CREDIT: GOOGLE MAPS
SINGAPORE PROPERTY

Altallo Asset Management inks option to buy 158 Cecil Street for S$175 million

The price works out to S$1,541 psf on the net lettable area of about 113,540 sq ft

A80 metres, One Raffles Place Tower One is one of the tallest buildings in Singapore. Beside it is the six-level retail mall.
SINGAPORE PROPERTY

One Raffles Place expected to be put on the market at S$2.3 billion to S$2.4 billion

All owners of the office and retail asset, above Raffles Place MRT station, are coming together for a potential sale

The price  of the Barker Road bungalow works out to S$2,737 per square foot on a land area of about 15,783 sq ft.
SINGAPORE PROPERTY

Lee Kong Chian grandsons buy Barker Rd bungalow for S$43.2 million, Sentosa condos for S$23.9 million

The bungalow is next to four adjacent freehold Chancery Lane properties owned by Lee Shih Hua and Lee Shih Kwei