Asia real estate and outbound investment news
Just two weeks after a new price record was set for a commercial floor on Singapore’s Orchard Road, a two-floor transaction at S$4,988 ($3,896) per square foot has shattered that market benchmark for office space in the Lion City.
Luxury… Read More>>
Just over one year after winning provisional approval to redevelop a trio of buildings at the west end of Singapore’s Orchard Road, Ong Beng Seng’s Hotel Properties Ltd is poised to sell a commercial complex along the eastern portion of… Read More>>
An Orchard Road office floor has sold to a local healthcare group for S$31.3 million ($24 million), deal broker Savills confirmed Friday, as Singapore’s strata market shows signs of picking up amid a broader commercial real estate recovery.
Parkway Hospitals… Read More>>
Just over a half-year after closing on the $331 million purchase of a commercial building in Singapore’s Orchard Road area, a joint venture of private equity shop TE Capital Partners and LaSalle Investment Management has sold a pair of floors… Read More>>
For the second time in three months, an attempted collective sale of Far East Shopping Centre has collapsed at the last hurdle, with owners rejecting an offer of roughly S$880 million ($654.5 million) for the strata-title property on Singapore’s Orchard… Read More>>
Singapore’s City Developments Ltd is on its way to adding one more redevelopment project to a rapidly transforming Orchard Road after winning a tender for a commercial building along the city-state’s famed shopping street.
The developer known as CDL was… Read More>>
Less than two months after a mainland Chinese buyer walked away from a deal to buy the Far East Shopping Centre on Singapore’s Orchard Road, the committee representing the owners of the strata-title property has received a new offer said… Read More>>
Singaporean real estate investment and development manager TE Capital Partners, together with its joint venture partner LaSalle Investment Management, is launching an asset enhancement program at Visioncrest Orchard, which they acquired earlier this year, to improve the property’s green credentials… Read More>>
A long-delayed boutique hotel project in Singapore’s Orchard Road area has been put up for sale at an indicative price of S$195 million ($143.3 million), CBRE said Thursday.
The 115-key project is being offered to potential buyers via an expression… Read More>>
Singapore’s Orchard Road continues to be a redevelopment hot spot with an ageing building near the Four Seasons and Pan Pacific Orchard hotels launched for sale on Thursday at a reserve price of S$438 million ($321 million).
Delfi Orchard, an… Read More>>
