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Dairy Farm Walk

Singapore’s URA Launches Trio of Sites to Supply 1,915 Homes

2024/06/13 by Christopher Caillavet Leave a Comment

Singapore’s Urban Redevelopment Authority on Thursday released three residential sites under the Government Land Sales programme, as the campaign to replenish the city-state’s housing supply kicks into high gear.

The sites at Dairy Farm Walk and Tengah Garden Avenue in… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore’s URA Launches Tenders for Pair of Residential Sites

2024/05/30 by Christopher Caillavet Leave a Comment

Singapore’s Urban Redevelopment Authority on Thursday released two residential sites under the Government Land Sales programme, including the first plot to be used entirely for long-stay rental apartments, as the city-state seeks to boost the supply of living spaces.

The… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Site Tender Triggered One Week After CDL-Mitsui Awarded Neighbouring Plot

2024/04/22 by Beatrice Laforga Leave a Comment

Less than a week after a joint venture between City Developments Ltd and Mitsui Fudosan of Japan captured a residential project in Singapore’s upscale District 10 with a below-market bid, an unnamed developer has made an offer on an adjacent… Read More>>

Sherman Kwek of CDL

Singapore’s URA Awards Pair of Projects, Launches Two More, Despite Low Bids, Slow Sales

2024/04/16 by Michael Cole Leave a Comment

Singapore’s Urban Redevelopment Authority made a pair of announcements on Tuesday set to further expand home supply in the city-state, despite its own figures showing sales of private housing falling 6 percent in the first quarter, compared to the same… Read More>>

UOL Group chairman Wee Cho Yaw

UOL Places $319M Top Bid for Luxury Residential Site Near Singapore’s Orchard Road

2024/02/01 by Beatrice Laforga Leave a Comment

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>>

Quek Leng Chan

GuocoLand, Hong Leong, Mitsui JV in $574M Sole Bid for Site in Singapore’s Marina South

2024/01/19 by Beatrice Laforga Leave a Comment

A site in Singapore’s western suburbs fetched richer offers than a plot in the city-state’s downtown on Thursday, as interest rates put prime land outside of the reach of many developers and home purchase restrictions crimp the market for high-end… Read More>>

Sherman Kwek of CDL

Developers Outbid Expectations in $1.7B Trio of Singapore Land Sales

2023/11/07 by Beatrice Laforga Leave a Comment

Property heavyweights from Singapore, Hong Kong and China dominated the Lion City’s final land sale of 2023 with top bids for a trio of sites amounting to a combined S$2.3 billion ($1.7 billion), led by a stronger-than-expected offer from a… Read More>>

Lim Eng Hwee URA

Luxury Site in Singapore’s Orchard Area Could Sell for 37% Off 2018 Prices

2023/10/18 by Beatrice Laforga Leave a Comment

Singapore’s cooling property market may be denting demand even for sites in some of the city’s most exclusive districts, with analysts predicting that a newly launched project in the Orchard Road area could sell for up to 37 percent below… Read More>>

China SCE Group Holding Limited

China SCE Seeks Offshore Debt Restructuring and More Asia Real Estate Headlines

2023/10/05 by Ponrath Sopannarath Leave a Comment

Another major mainland developer is going to offshore bond investors to ask for a restructuring of its payment obligations, with that story leading today’s set of real estate headlines from around Asia. Also in the news, Hong Kong slashes land… Read More>>

Quek Leng Chan

GuocoLand, CDL Enter Top Bids for Lentor Central, Champions Way URA Sites

2023/09/12 by Christopher Caillavet Leave a Comment

Property heavyweights GuocoLand and City Developments Ltd submitted the highest bids for two separate northern Singapore projects as the Urban Redevelopment Authority closed the tender for the sites on Tuesday.

For the 1.47 hectare (3.63 acre) site at Lentor Central,… Read More>>

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