Google in talks for 400,000 sq ft space at Alexandra Technopark
GOOGLE is planning to expand in Singapore, going by market talk that it plans to boost its real estate footprint on the island.
Club St hotel site sets record price for 99-year land at GLS tender
A PLUM hotel site along Club Street in the CBD on Tuesday drew hotel groups from Singapore and the region, resulting in a record price being set for 99-year leasehold hotel land at a Government Land Sales (GLS) tender.
Club Street Hotel site draws top bid of S$2,148.50 psf ppr
STATE tenders for three sites closed on Tuesday, Jan 15, 2019.
Shopee fully leases 5 Science Park Drive
SHOPEE, the e-commerce arm of Singapore-based, New York-listed Sea Ltd, is understood to have fully leased a new business park development at 5 Science Park Drive.
The property merry-go-round: anomalies in the market
IT used to be that properties in Good Class Bungalow (GCB) Areas - the most prestigious form of landed housing in Singapore - were bought by Singapore's captains of industry, tycoons and well-heeled foreigners turned Singaporeans...
HOCK LOCK SIEW
Sell Singapore residential, buy office? Not a foregone conclusion for all
MOST property analysts at stockbroking houses have a negative view of the Singapore private residential sector and a positive view on the office market.
Charles & Keith buys S$60m building next to HQ in Tai Seng Link
FOOTWEAR, bag and accessories maker Charles & Keith Group is buying an industrial building next to its headquarters in Tai Seng Link to cater for its business expansion plans.
Allianz Real Estate seeking to expand in Asean
ALLIANZ Real Estate (ARE), which recently acquired a 20 per cent stake in Ocean Financial Centre in the Singapore CBD for S$537.3 million, is seeking to expand in Asean in 2019.
Gaw Capital Partners said to be buying Robinson 77 for about S$710m
AN ENTITY controlled by Hong Kong private equity property group Gaw Capital Partners is understood to be buying Robinson 77 for about S$710 million from a fund managed by CLSA Real Estate.
Clear skies for Singapore office sector - but beware potential headwinds
SINGAPORE prime CBD Grade A office rentals are heading into their third year of increases on the back of steady demand amid tightening completion of new office space.
Developers' November sales jump but challenges lie ahead
NEW sales of private homes jumped last month to nearly two and a half times that of the previous month as developers revved up launches to make up for lost ground when some of them held back launches in October.
Singapore developers sell 1,198 private homes excluding ECs in November
DEVELOPERS in Singapore sold 1,198 private homes last month, nearly 2.5 times the 487 units they moved in October 2018 and about 1.5 times the 788 units they moved in November 2017.
Duck & Hippo founder sets another record price for shophouse
DUCK & Hippo group founder James Heng continues to pile up on conservation shophouses.
Eurokars Group buys 23 Leng Kee Rd for S$33m
MOTOR trade entrepreneur Karsono Kwee's Eurokars Group is expanding its property ownership in the prime Leng Kee motor belt...
Private housing supply from H1 2019 land sales cut by 20%
THE government has cut the private housing supply from its first-half 2019 land sales programme by 20 per cent from the current half, bringing it to the lowest level in 12 years.
Variety of choice sites on H1 slate; seven of total 14 sites are new
The Ministry of National Development's first-half 2019 Government Land Sales supply may be subdued but still offers a selection of choice sites...
MND cuts private housing supply for H1 2019 Government Land Sales Programme by about 20%
THE government has decided to moderate the total supply of private residential units for the first-half 2019 Government Land Sales (GLS) Programme, citing the significant growth in pipeline supply while demand has started to moderate following the introduction of the July property cooling measures.
Flash: MND to release land for 6,475 private residential units (including ECs) in H1 2019
THE government on Thurday announced the first-half 2019 Government Land Sales (GLS) Programme, which comprises five confirmed list sites and nine reserve list sites. These sites can yield about 6,475 private residential units (including executive condominium or EC units), 86,000 square metres gross...
HOCK LOCK SIEW
Brexit may be the panacea to Kwek's M&C headache
THE abrupt departure in September of Millennium & Copthorne Hotels' (M&C) group chief executive Jennifer Fox, just slightly over three months after her appointment, has once again put the spotlight on M&C chairman Kwek Leng Beng's problem with retaining CEOs at the group...
Former Midas chairman's bungalow fetches S$30.8m in mortgagee sale
SOME notable bungalow deals have taken place recently in Good Class Bungalow (GCB) Areas as well as in the Sentosa Cove waterfront housing locale.
Clifton Partners picks up Tras St shophouse trio for S$21.2m
VETERAN property investor Stanley Quek is selling another conservation shophouse property. This time, an entity connected to him has offloaded three adjoining two-storey shophouses on Tras Street, for S$21.2 million.
Darby Park Executive Suites sold for nearly S$93m
BURSA Malaysia-listed Sime Darby Property has sold its six-storey serviced residence property along Orange Grove Road, Darby Park Executive Suites, for S$92.71 million.
Govt 'can't be hands off about the property cycle'
THE government cannot take a hands-off approach to the property cycle and allow bubbles to develop, said National Development Minister Lawrence Wong as he went into the rationale behind July's cooling measures...
Lawrence Wong, Redas chief give different takes on cooling measures
THE government cannot take a hands-off approach to the property cycle and allow bubbles to develop, said National Development Minister Lawrence Wong as he explained the rationale behind July's cooling measures at the anniversary dinner of the developers’ body on Thursday...