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>>
TE Capital, LaSalle Setting a New Singapore Benchmark With Visioncrest Orchard Sponsored Feature
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>>
Hotel Project on Singapore’s Orchard Road on Market for $143M
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>>
CDL-Dominated Building on Singapore’s Orchard Road Up for Sale at $321M
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>>
Mainland Investor Du Shuanghua Backs Out of Singapore’s Biggest Property Deal of 2023
Chinese-backed investor Bright Ruby Resources has walked away from the largest property deal signed in Singapore during 2023, cancelling its planned S$908 million ($668 million) purchase of a shopping mall on Orchard Road after failing to win government approval to… Read More>>
UOL Places $319M Top Bid for Luxury Residential Site Near Singapore’s Orchard Road
A UOL Group joint venture has submitted the S$428.3 million ($319.3 million) top bid for a residential site in Singapore’s Orchard area, with the price per square foot of the future luxury project falling nearly a third short of the… Read More>>
TE Capital, LaSalle Complete $331M Buy of Singapore’s VisionCrest Commercial
TE Capital Partners and LaSalle Investment Management have completed their S$450 million ($331 million) acquisition of the VisionCrest Commercial building in Singapore’s Orchard area, finalising the biggest office deal announced in the city-state in 2023.
The joint venture is between… Read More>>
Hong Kong’s Wharf Puts Mall in Singapore’s Orchard Area on Market for $338M
Hong Kong-based real estate firm Wharf Real Estate Investment Company (Wharf REIC) is marketing a luxury mall along Singapore’s Orchard Road for S$450 million ($338 million) as the rejuvenation of the premier shopping strip gathers speed.
Its Singapore development subsidiary,… Read More>>
Indonesia’s Widjaja Family Marketing Commercial Floor in Singapore’s Orchard Area for $57M
Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company owned by Indonesia’s Widjaja family plans to completely exit the commercial building near the Orchard Road shopping strip.
The… Read More>>
Mall Rents in Singapore’s Orchard Area Up 1.3% in Q3 as Visitors Return
Mall rents in Singapore’s famed Orchard Road shopping area inched up by 1.3 percent in the third quarter from the preceding three months on the back of a rebound in travel and the ongoing rejuvenation in the area.
Average passing… Read More>>