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Sceneca Residence

Singapore Private Home Sales Bounce Back but Remain Below 2022 Levels

2023/02/15 by Christopher Caillavet Leave a Comment

Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still lower than the January 2022 total, according to data from the Urban Redevelopment Authority.

Sales of new private homes (excluding executive… Read More>>

LHN Buys $60M Office Block Near Singapore Management Uni for Co-Living Venture

2023/02/13 by Beatrice Laforga Leave a Comment

Singapore-listed LHN Group continues to add properties to its rental residential portfolio with a deal to purchase a commercial block in the city-state’s Rochor district for S$80 million ($60.1 million), which was revealed in a regulatory filing on Friday.

LHN’s… Read More>>

Singapore’s UOL Clinches East Coast Residential Site For $295M

2023/02/10 by Beatrice Laforga Leave a Comment

A joint venture between UOL Group and its Singapore Land Group subsidiary won a residential project in Singapore’s East Coast for S$392.18 million ($295.39 million) and now plans to redevelop the project into as many as 250 luxury homes, the… Read More>>

Boustead Singapore chairman Wong Fong Fui

Boustead Singapore Offers $213M Buyout of Property and Engineering Division

2023/02/07 by Beatrice Laforga Leave a Comment

SGX-listed investment firm Boustead Singapore is proposing to take its property and construction division Boustead Projects private in an offer that values the company at S$281.9 million ($212.5 million), adding to a recent flurry of property company buyouts.

Boustead Singapore… Read More>>

Tan Yew Chin CapitaLand Development

CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project

2023/02/07 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Development has obtained provisional permission from authorities to redevelop its JCube mall into a 40-storey residential project after acquiring the property from an affiliated REIT one year ago.

Targeted for completion in 2027, the development will feature commercial… Read More>>

Matthew Ong, CEO of SLB Development

Singapore’s SLB Buys South Bridge Road Commercial Assets From Hwa Hong for $10M

2023/02/06 by Beatrice Laforga Leave a Comment

Singapore-listed builder SLB Development has picked up a pair of low-rise office buildings between the city-state’s Boat Quay and Clarke Quay areas with plans to renovate or redevelop the ageing assets near the Singapore River, Mingtiandi has learned.

The property… Read More>>

Todd-Olson Cushman & Wakefield

Singapore Leads APAC Data Centre Rankings with 2% Vacancy

2023/02/05 by Greg Isaacson Leave a Comment

Singapore remains the top hub for data centres in Asia Pacific, with record low vacancies of 2 percent in 2022, while Hong Kong ranks second despite climbing land prices, according to Cushman & Wakefield’s global comparison of homes for server… Read More>>

Guoco Midtown

Guoco Midtown Office Project Opens Doors to Tenants in Singapore 

2023/02/02 by Beatrice Laforga Leave a Comment

GuocoLand has obtained the temporary occupation permit for the office component of its S$2.4 billion ($1.83 billion) Guoco Midtown project, opening the doors for tenants to begin occupying the 30-storey tower in Singapore’s downtown core, the Singapore-listed developer announced Tuesday.

… 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>>

Brian Kwon Dexus

Dexus Opens Singapore Office, Hires Brian Kwon as Head of Distribution for Asia

2023/01/31 by Christopher Caillavet Leave a Comment

Australian property major Dexus is extending its regional reach with the opening of a new office in Singapore and the hiring of Brian Kwon as head of distribution for Asia.

The Singapore office will support the growth of Dexus’s funds… Read More>>

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