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Swee Shou Fern of Edmund Tie

Industrial Facility in Singapore’s Paya Lebar Sold in $61M Deal

2023/11/23 by Beatrice Laforga Leave a Comment

A light industrial building in Singapore’s Paya Lebar area is being sold for S$81.18 million ($60.6 million) as investors continue to pay up for shed sites in the land-scarce city-state.

A tender for the collective sale of the Noel Building,… Read More>>

IOI Properties executive vice chairman Lee Yeow Seng (IOIGroup.com)

IOI Boss Buys Shenton House for $392M in Singapore’s Second-Largest Deal of 2023

2023/11/02 by Michael Cole Leave a Comment

A private company controlled by the vice chairman of Malaysia’s IOI Properties Group has struck a deal to make Singapore’s second largest real estate acquisition of 2023, picking up the Shenton House commercial tower in the central business district for… Read More>>

Far East Shopping Centre

Mainland Billionaire’s Bright Ruby Buying Singapore Mall for Reported $667M

2023/10/01 by Beatrice Laforga Leave a Comment

Bright Ruby Resources has won the tender for an en bloc redevelopment site along Singapore’s Orchard Road for a reported S$908 million ($667 million), agreeing to a deal which now becomes the largest collective sale in the city-state so far… Read More>>

Wing Tai executive director Tan Hwee Bin

Wing Tai Cancels Buy of Singapore Residential Project as Market Cools

2023/07/29 by Michael Cole Leave a Comment

Developer Wing Tai Holdings is backing out of a deal to acquire a residential project in Singapore’s Holland Village area, saying that conditions for completion of the deal signed by its Wincove unit in March had not been met.

“The… Read More>>

Far East Shopping Centre

Commercial Complex on Singapore’s Orchard Road Up for Collective Sale at $699M

2023/07/27 by Beatrice Laforga Leave a Comment

The Far East Shopping Centre along Orchard Road in Singapore has been put up for collective sale at a price of S$928 million ($699 million) in a move that could add to the rejuvenation of the famous shopping belt.

Owners… Read More>>

Michelle Yong Aurum3

Aurum Land Picks Up Singapore Site for $49M in First Collective Sale Since ABSD Hike

2023/05/25 by Christopher Caillavet Leave a Comment

The first collective sale in Singapore since the government hiked buyer stamp duty on home purchases is in the books, with local builder Aurum Land securing a residential site in District 11 with a bid of S$66.8 million ($49.4 million).

… Read More>>

Shenton House

Singapore’s Shenton House Fails to Receive a Bid and More Asia Real Estate Headlines

2023/04/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the en bloc tender of central Singapore’s Shenton House closes without a bid, while two more residential sites in the city-state’s Lentor area are released for sale by the government.

Shenton House Sale… Read More>>

Wing Tai executive director Tan Hwee Bin

Wing Tai Wins Residential Site in Singapore’s Holland Village for $57M

2023/03/15 by Christopher Caillavet Leave a Comment

Wing Tai Holdings has won a tender for the collective purchase of a residential building in Singapore’s posh Holland Village area for S$76.3 million ($56.8 million), with the developer planning to remake the site into luxury housing as the city-state’s… Read More>>

AirTrunk's TOK2

AirTrunk Starts Next Phase of 2nd Tokyo Facility and More Asia Real Estate Headlines

2023/02/22 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Australia’s AirTrunk begins construction on the second phase of its second Tokyo data centre, and Singapore’s Hong Heng Mansions launches a collective sale.

AirTrunk Breaks Ground on Second Phase of… Read More>>

Orchard Towers

Singapore’s Orchard Towers Fails to Sell at $1.2B Price Tag

2023/02/21 by Greg Isaacson Leave a Comment

Singaporean real estate firm Hiap Hoe announced that the attempted collective sale of Orchard Towers has failed, a year after owners of units in the notorious entertainment and office complex put the property on the market with a reserve price… Read More>>

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