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.
Frasers Property, Mitsubishi Estate JV pips CDL with S$610.75 million top bid for Kallang plot
The highest bid of S$1,415 psf ppr is just 0.7% above CDL’s offer; site fetches four bids
Bugis Junction Towers put on the market at S$685 million valuation
This works out to S$2,750 psf on net lettable area and a net yield of around 3.5% for the fully let office asset
Forsea, Qingjian’s S$1,556 psf ppr top bid sets benchmark for residential land in one-north area
First parcel released in new Dover-Medway estate for a 625-unit project draws six bids
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
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
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
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
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 stapled group’s managers
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
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