Singapore property

Residential sector is a rare bright spot as sentiment towards commercial real estate weakens

Tribunal highlights the importance of finality, saying the company should not be allowed to ‘cherry-pick’

Top bid for River Valley Green plot marks new high for land in the area, and is about 22% above price of the last site sold nearby

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

Rival cities with stronger tourist pull and more real estate are drawing larger stores and more investment

Top malls there are doing well, but observers ask if Singapore’s premier retail belt can still shine

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

When flat applicants book a unit in such projects, construction would already be well under way