A joint venture led by developer Boustead Projects has agreed to acquire a mixed-use building near Singapore’s swanky Orchard Road for S$515 million ($371 million), taking advantage of a distressed-asset sale to pick up a prime property at a discount.
Lendlease Beats CapitaLand for $2.2B Redevelopment of Singtel HQ in Singapore
Lendlease bested rival CapitaLand for a S$3 billion ($2.2 billion) redevelopment project in Singapore as the Lion City’s largest telecom provider announced Wednesday that it would team up with the Australian builder to rebuild its Orchard area headquarters.
The two… Read More>>
Historic Singapore Estate Overlooking Lee Kuan Yew Residence for Sale at $220M
A Singapore mansion located just five minutes walk from the former residence of late Prime Minister Lee Kuan Yew has been put up for sale in a rare chance to grab a freehold residential site in the city’s posh Orchard… Read More>>
CapitaLand, Lendlease Shortlisted for $1.5B Redevelopment of Singtel HQ
CapitaLand and Lendlease are competing for pole position for a S$2 billion ($1.5 billion) redevelopment project as Singapore’s largest telecom provider prepares to build a new commercial complex on the site of its headquarters near the city’s Orchard Road shopping… Read More>>
Shun Tak Ventures Into Singapore Residential With $444M Dual Site Buy
Casino tycoon Stanley Ho’s Shun Tak Holdings has paid S$593.5 million ($444 million) for a pair of luxury residential plots near Singapore’s Orchard Road shopping district, marking the company’s first foray into the residential market in the Southeast Asian city-state.
New World, FEC, SC Global Win Orchard Road Site for $309M
Hong Kong’s New World Development and Far East Consortium (FEC) have teamed up with Singapore’s SC Global Developments to win a luxury residential site near Singapore’s prime shopping area Orchard Road, after placing a record S$410 million ($309 million) bid… Read More>>
Regus’ Co-Working Brand to Open Flagship Centre Near Singapore’s Orchard Road
As $20 billion co-working startup WeWork expands into Southeast Asia, the company behind the world’s biggest serviced office operator is ramping up its flexible workplace presence in Singapore.
Spaces, the co-working arm of European flexible office giant IWG, which also… Read More>>