Singapore Land Group

SingLand moves to add condo tower, serviced apartments and mixed-use block in Marina Square redevelopment

Acquisition of S$99-million land parcel part of proposal to turn iconic complex into ‘Singapore’s first hyper-mixed development’

Thomson View, a 99-year leasehold development, comprises  200 apartments, 54 townhouses and a shop unit on a 5-hectare site.

UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal 

The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit

Singapore Land Group did not declare a dividend as it does not have the practice of making interim payouts to its shareholders.

Singapore Land posts 7% higher earnings of S$111.4 million for H1

Its revenue rises 8% to S$368.3 million on the back of higher contributions from property investments and technology operations

UpperHouse is the best-selling CCR project since Midtown Modern launched in 2021, with nearly all three-bedroom units sold and one-third of the four-bedders taken up.

Firm take-up at UpperHouse and The Robertson Opus with prices averaging about S$3,350 psf

UpperHouse at Orchard Boulevard moves 53% of its 301 units; The Robertson Opus sells 41% of its 348 units

Cathay Cineplexes shuttered its outlet (above) in Jem shopping mall in Jurong East on Mar 27. Closure looms for the 85-year-old cinema chain as it struggles to pay up millions in arrears to landlords.

A timeline of Cathay Cineplexes as struggling cinema chain faces closure

Originally known as Cathay Cinema, the company is one of Singapore’s oldest cinema chains, and its origins predate WWII

Revenue from investment properties went up by $26.6 million from an improved performance by the group’s portfolio of commercial properties, particularly Singapore Land Tower (above), a skyscraper in Singapore's CBD.

SingLand H2 net profit rises 76% to S$180.5 million on higher revenue from hotel ops 

Hospitality sector aside, the real estate player also expects the Singapore office sector to stay resilient in 2025, given a small pipeline of new supply

Parktown Residence is a 99-year leasehold condo spanning 12 blocks.

Parktown Residence mega project sells over 87% of units at average of S$2,360 psf

The Tampines condo inks deals for 1,041 of its units, while a separate launch in Clementi, Elta, sells 65% of apartments on the same weekend

The cinema chain has five other existing outlets – Causeway Point at Woodlands, Downtown East at Pasir Ris, JEM at Jurong East, Century Square at Tampines and Clementi 321.

Lights, camera, adios: Struggling Cathay Cineplexes to shutter West Mall outlet 

The cinema chain had earlier paid back some S$12 million in owed rent 

Brokered by Edmund Tie & Co, the sale of Thomson View (above) is the largest en-bloc deal done in Singapore since the S$890 million sale of Chuan Park got the go-ahead in May 2023.

Thomson View sold for S$810 million to UOL, CapitaLand

Developers are planning a 1,240-unit project on the 5-hectare site that now houses 200 apartments, 54 townhouses and a shop unit