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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>>

Boustead Fund Acquires Singapore Industrial Building For $75M

2023/02/02 by Beatrice Laforga Leave a Comment

A fund led by Singapore’s Boustead Projects and Metro Holdings is acquiring an industrial facility in the city-state’s Paya Lebar region for S$98.8 million ($75.16 million) as Boustead expands its management of third party capital.

The SGX-listed duo, together with… Read More>>

PM Lee 780

Redevelopment of Singapore’s Paya Lebar Could Create 150,000 New Homes

2022/08/23 by Beatrice Laforga Leave a Comment

Singapore Prime Minister Lee Hsien Loong announced this past weekend that the relocation of Paya Lebar Airbase over the coming decade would pave the way for up to 150,000 new homes and allow for taller buildings in nearby towns, a… Read More>>

Ong Pang Aik Lian Beng

Singapore’s Lian Beng Buys Industrial Building Near Paya Lebar for $36M

2022/06/11 by Beatrice Laforga Leave a Comment

The family behind Singapore’s Lian Beng Group is on the move with two generations of the Ong clan announcing deals this past week, including an S$49.25 million ($35.67 million) purchase near Paya Lebar revealed on Friday.

Singapore-listed Lian Beng told… Read More>>

Hoi Hup, Wong Swee Chun

Hoi Hup, Sunway Pay $600M for Paya Lebar Residential Site in SG’s Top Land Sale of 2021

2021/11/21 by Christopher Caillavet Leave a Comment

A residential development project in eastern Singapore’s Paya Lebar area has sold by public tender for S$815 million ($600.2 million), marking the city-state’s biggest land deal of the year and signalling confidence in the housing market after new-home sales rebounded… Read More>>

Low Keng Boon

Sun Venture, Low Keng Huat Swap Stakes in Singapore Commercial Assets

2021/06/14 by Christopher Caillavet Leave a Comment

Just two months after Singapore developer Low Keng Huat hired away a top executive from local investment firm Sun Venture, the two companies are swapping stakes in a pair of long-standing joint ventures.

Low Keng Huat announced to the Singapore… Read More>>

Lendlease JV Buys Redevelopment Site in SG’s Paya Lebar for $111.5M

2021/04/01 by Christopher Caillavet Leave a Comment

A joint venture backed by Australian property firm Lendlease has agreed to purchase a pair of ageing buildings in Singapore’s rapidly evolving Paya Lebar area for S$150 million ($111.5 million), with plans to build a sustainable commercial project on the… Read More>>

Fortuna Hotel, a hotel next to Farrer Park MRT Station is put up for sale at a guide price

Singapore’s Fortuna Hotel Put Up for Sale at S$98.8M and More Asia Real Estate Headlines

2020/10/29 by Mingtiandi Team Leave a Comment

Singapore’s Fortuna Hotel Put Up for Sale at S$98.8M

Fortuna Hotel, a 106-key hotel next to Farrer Park MRT Station has been put up for sale at a guide price of S$98.8 million reflecting S$932,000 per… Read More>>

Benett Theseira

PGIM Buys Industrial Building in Singapore’s Paya Lebar for S$75M

2020/09/14 by Mingtiandi Team Leave a Comment

PGIM Real Estate has acquired a six-storey industrial building in Singapore’s Paya Lebar region for S$75 million ($55 million) the global real estate manager announced on 11 September, underlining the growing popularity of industrial assets with some of the world’s… Read More>>

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