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AT Capital founder and group chairman Arvind Tiku

Singaporean Family Office AT Capital Buys Warsaw Mixed-Use Project

2023/01/30 by Greg Isaacson Leave a Comment

AT Capital Group has completed its acquisition of a project in central Warsaw, Poland, where the Singaporean family office is mulling the development of a 41-storey mixed-use commercial and residential tower.

Savills advised the investment firm controlled by Indian-born billionaire… Read More>>

NEX Mercatus

Frasers Group JV Buys Half-Stake in Mercatus Singapore Mall for $497M

2023/01/27 by Beatrice Laforga Leave a Comment

The manager of Frasers Centrepoint Trust and its sponsor, Singapore-listed property developer Frasers Property, have teamed up to acquire a 50 percent stake in the largest mall in northeast Singapore from Mercatus Co-operative Ltd for S$652.5 million ($497 million).

FCT’s… Read More>>

Ismail Gafoor of PropNex Realty

Singapore Home Price Growth Eases to More Than Two-Year Low as Sales Slide

2023/01/27 by Christopher Caillavet Leave a Comment

Singapore’s private home prices inched up 0.4 percent in the fourth quarter of 2022 compared with levels in the prior three months to record the slowest growth pace in more than two years, according to data from the Urban Redevelopment… Read More>>

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>>

Straits Developments CEO Eric Teng

Singapore’s Straits Trading Lists Bond Backed by Tokenised Townhouse on SDAX

2023/01/25 by Beatrice Laforga Leave a Comment

Singapore’s Straits Trading has tokenised a corporate bond linked to a landed home in the city’s posh District 10 through which it can raise up to S$7 million ($5.32 million), marking the conglomerate’s first fractionalised real estate-linked asset listed on… Read More>>

Chinatown Point

Office Floor in Singapore’s Chinatown Point Sold For $13M

2023/01/24 by Beatrice Laforga Leave a Comment

An office floor in a commercial block within Singapore’s Chinatown area has changed hands for S$17.38 million ($13.2 million) as investors continue snap up bite-sized opportunities in the city’s office market.

Inter-premium Corporation, a Singapore-registered real estate firm, sold the… Read More>>

151 Lor Chuan

Switzerland’s Volare Group Makes Offer for Additional 10% of Sabana REIT

2023/01/23 by Christopher Caillavet Leave a Comment

Volare Group has made an offer to acquire a 10 percent stake in Sabana Industrial REIT, a deal that would build on the Swiss conglomerate’s current 5.4 percent interest in the Singapore-listed trust.

Volare, whose business lines include real estate,… Read More>>

Robinson Point in Singapore

Viva Land Marketing Singapore Assets at 10% Off After Vietnam Fraud Arrests

2023/01/20 by Beatrice Laforga Leave a Comment

After setting Singapore price records with its purchases of an office tower and a five-star hotel along Robinson Road, Viva Land is seeking to unload both assets for around S$670 million ($506.7 million), according to market sources.

The urgent sale… Read More>>

Southpoint Tanjong Pagar

Office Units in Singapore’s Tanjong Pagar Sell for $25M in Record-Breaking Deal

2023/01/18 by Christopher Caillavet Leave a Comment

A mere month after an Orchard Road commercial building set a new city-wide mark, an office tower in downtown Singapore has recorded its highest-ever price paid per square foot after a set of strata units in the building sold for… Read More>>

Leedon Green Singapore

Singapore Private Home Sales Hit Nearly 14-Year Low Amid Launch Lull

2023/01/16 by Christopher Caillavet Leave a Comment

Developers sold a mere 170 new private homes in Singapore last month, the lowest monthly tally since 108 units were transacted in January 2009, according to government data released Monday.

The anaemic sales figures, which were updated by the Urban… Read More>>

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