Kalpana Rashiwala

The price is expected to be between S$175 million and S$180 million

The two-storey shophouses are fully let; tenants include Pet Lovers Centre, a spa, bakery and F&B outlets

The development, costing about S$185 million to S$190 million, will yield about 100 apartments

The buyer is a JV between a local developer and Westmont Hospitality; hotel is expected to be rebranded

The price for Capri by Fraser China Square is expected to be about S$330 million; the hotel is on a long lease with a balance of about 69.5 years

This is 2.5% more than the S$1,820 psf ppr fetched for a nearby plot next to Newton MRT interchange station in November

The price works out to S$1,437 psf on the total land area of 41,741 sq ft

The Town Hall Link site will be launched for tender in July to advance the development of the Jurong Lake District

She will take over from Lee Suen Ming, who will be leaving to ‘pursue personal interests’

This is the second partnership between the two in two years as they expand their presence in Australa’s high-demand logistics sector