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Singapore Trade Union Buys Six Shophouses on Serangoon Road For $48M

2023/01/26 by Beatrice Laforga Leave a Comment

A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along Serangoon Road for S$62.5 million ($47.65 million), according to public records seen by Mingtiandi.

The row of two-storey freehold properties at 322-332… Read More>>

Gautam Adani

Adani Loses $9.4B in Value on Short-Sale Report and More Asia Real Estate Headlines

2023/01/25 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the Indian conglomerate led by Asia’s richest man reels from a report denouncing the business as a con, and the property manager owned by Britain’s King Charles III takes legal action against Twitter… Read More>>

peter wittendorp silkroad

SilkRoad Buys 14 Central Singapore Shophouses for $80M

2022/07/31 by Beatrice Laforga Leave a Comment

SilkRoad Property Partners picked up a portfolio of 14 shophouses in central Singapore’s Chinatown area for over S$110 million ($80 million) in the latest acquisition on behalf of its value-add strategy, according to market insiders who spoke with Mingtiandi.

The… Read More>>

Hafary to acquire 11 shophouses on Lavender Street for S$71.28m

Row of Singapore Shophouses Sells for $50.6M and More Asia Real Estate Headlines

2022/07/12 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, a row of shophouses in Singapore’s Lavender Street sells for $50 million as an entire floor at the Suntec City office complex hits the market. Meanwhile, Frasers Hospitality Trust lays out contingency plans… Read More>>

Ang Jun Hung ABR

Set of Heritage Shophouses on Singapore’s Club Street Sell for $18.6M

2022/06/14 by Beatrice Laforga Leave a Comment

ABR Holdings is buying a row of heritage commercial buildings on Singapore’s Club Street from entities linked to Citystate Group for a total of S$25.88 million ($18.61 million), according to a joint announcement on Tuesday.

A subsidiary of the SGX-listed… Read More>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Sells Singapore Shophouses to Aberdeen Standard for S$54M

2020/02/09 by James Hatton Leave a Comment

Phoenix Property Investors has disposed of a row of shophouses in Singapore’s Chinatown for S$54 million ($39 million), according to Aberdeen Standard Investments (ASI), which purchased the historically preserved buildings.

The asset management arm of London-listed Standard Life Aberdeen confirmed… Read More>>

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