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.
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Elegant Group entity buys The Clementi Mall for S$809 million
The price works out to about S$4,100 psf on net lettable area; the net yield is 4.1%
Preview starts for Coastal Cabana executive condo project next to Downtown East
Prices of three-bedders start from S$1.438 million for a 872 sq ft unit, reflecting S$1,649 psf
Premium Automobiles teeing up to buy Sime Darby Business Centre for S$55 million
Former Audi dealer, which now distributes China EV brands, signs put-and-call option for acquisition of Alexandra Road showroom building
NTUC Enterprise’s Mercatus said to have put 11 retail assets up for sale at S$307 million guide price
Portfolio divided into four bundles; sale will be with existing long-term tenancies to NTUC FairPrice supermarket chain
Plum Newton site garners 8 bids, topped by HH Investment at S$566.29 million or S$1,820 psf ppr
The top bid is higher than the S$1,300 to S$1,600 psf ppr predicted by analysts polled by The Business Times
Dalvey Road GCB sells for S$61 million, Victoria Park bungalow fetches nearly S$52 million
Price paid by philanthropist for Dalvey Road property reflects S$4,045 psf on freehold land area of 15,081 sq ft
Kingsford places top bid of S$918.3 million or S$1,326 psf ppr for first condo plot on former Keppel Club site
Plot draws just two other bids; big quantum seen to have kept some bidders away
Aravest, Wee Hur complete S$160 million purchase of former Hotel Miramar Singapore
Price works out to S$465,100 per room; property to be rebranded DoubleTree by Hilton after renovation
Potential buyer shortlisted amid strong interest for Cuscaden Peak’s The Clementi Mall
Entity linked to Zhao Zhichao of The Elegant Group said to be in exclusive due diligence at above the S$750 million guide...
Rents rise 2.5% in Q3 for higher-grade office space, but stay put for rest of Singapore market
Steady demand for prime space is being supported by flight to quality and easing interest rates
