A Japanese deal leads today’s look at real estate news from around the region as Germany’s Deka sells off an industrial asset outside of Tokyo. Also making the list are the future of some ESR China assets and Singapore’s plans… Read More>>
Site on Singapore’s Bukit Timah Road Draws Top Bid of $436M as Luxury Market Surges
A condo site in an upscale Singapore residential enclave has drawn a top bid of S$566.3 million ($436 million), according to an announcement from the Urban Redevelopment Authority on Tuesday, as developers display their appetites for luxury projects.
The leading… Read More>>
Sing Holdings-Sunway JV Bests Four Competing Bids for Singapore Residential Site
A joint venture of local builder Sing Holdings and Malaysia’s Sunway Group entered the top bid of S$623.9 million ($483.9 million) for a residential site in northeastern Singapore, according to the Urban Redevelopment Authority.
China’s state-backed COLI placed the runner-up… Read More>>
Singapore’s URA Launches Tender for Bukit Timah Site Yielding 340 Homes
The Urban Redevelopment Authority on Tuesday released a residential site in Singapore’s upscale Bukit Timah area for tender under the Government Land Sales programme with capacity to provide 340 homes.
The Bukit Timah Road site next to the Newton MRT… Read More>>
Frasers JV With Sekisui House, CSCEC Places $385M Top Bid for Western Singapore Site
A consortium of Frasers Property, Japanese builder Sekisui House and China’s state-owned CSCEC bested eight rival offers to enter the top bid of S$491.5 million ($385.4 million) for a western Singapore residential site, according to the Urban Redevelopment Authority.
The… Read More>>
Singapore’s URA Launches Tenders for Sites Yielding Up to 1,765 Homes
The Urban Redevelopment Authority on Tuesday released three Singapore residential sites for tender under the Government Land Sales programme with capacity to yield 1,765 homes.
The sites at Dorset Road, Upper Thomson Road (Parcel A) and Telok Blangah Road can… Read More>>
Singapore Home Sales Slump to Five-Month Low as Government Dials Back New Supply
New private home sales in Singapore hit their lowest level in five months in May amid a drought of project launches, according to data released Monday by the Urban Redevelopment Authority.
Excluding the public-private hybrid executive condo segment, developer sales… Read More>>
Singapore Trims Housing Pipeline as Market Cools and More Asia Real Estate Headlines
The Singapore government cuts back on its residential land sales programme, with that policy move leading today’s headline roundup. Also in the news, Malaysia’s IOI Properties plans an SGX-listed REIT and China’s COSCO joins the consortium to buy Li Ka-shing’s… Read More>>
CDL Bests Five Rival Bids to Place Top Offer of $472M for Singapore Residential Site
Singapore developers have shown that attractive residential sites can still spur competitive bidding with top builder City Developments Ltd placing the top offer for a plot in the city-state’s Jurong Lake in a tender which closed on Tuesday.
The developer… Read More>>
GuocoLand Places $464M Top Bid for Residential Site in Singapore’s River Valley
Singapore’s GuocoLand continued to demonstrate its appetite for land this past week as the developer placed the highest of five bids for a residential site in Singapore’s River Valley area.
The builder controlled by tycoon Quek Leng Chan offered S$627.8… Read More>>
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