Singapore property
Ascendas Hospitality Reit loses S$6.2 million hotel refurbishment claim against Park Hotel liquidators
The Reit, which is now part of CapitaLand Ascott Trust, may still refile the claim with supporting income documents
Hong Fok family scion Cheong Sim Lam buys retail property Holland Piazza for S$100 million
The buyer is likely to reposition the mall’s basement with wellness or entertainment operators to complement Holland Village’s family-friendly appeal
Subsidy clawbacks could hit 20% for Singapore’s tallest public housing project at Pearl’s Hill: analysts
Prime and Plus flats come with stricter resale conditions
Beauty salon sues Hao Mart over alleged breach of Taste Orchard sublease; Hao Mart denies liability for purported losses
Beauty salon operator Belovie is the first sub-tenant to sue Hao Mart in the High Court
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
Ossia’s Goh family picks up S$73 million bloc of 18 strata units at Orchard Shopping Centre
While there are plans to enhance the units’ facades, the buyer will likely wait for greater clarity on the outcome of the building’s collective sale
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
Receivers put one-seventh stake in Cheong family’s Oxley Rise mansion on the block
The prime freehold residential landed plot was put up for sale in 2022 at S$300 million
Tan Boon Liat Building in Outram up for sale again at lower S$1 billion reserve price
The price tag translates to a land rate of about S$1,757 psf ppr
Lendlease Reit to take full control of PLQ Mall in S$116 million deal
The real estate investment trust has launched a S$196.6 million preferential offering to fund the purchase
