Wing Tai Holdings has won a tender for the collective purchase of a residential building in Singapore’s posh Holland Village area for S$76.3 million ($56.8 million), with the developer planning to remake the site into luxury housing as the city-state’s… Read More>>
Singapore New Home Sales Up 9.9% in February, Driven by Terra Hill Launch
Developers sold 432 new private homes in Singapore last month, up from 393 units transacted in January but down from 542 that changed hands a year earlier, according to data from the Urban Redevelopment Authority.
February’s 9.9 percent monthly rise,… Read More>>
Condo in Singapore’s Orchard Area Leases for Record High Price
A condo in the Orchard Road area has leased for a record S$15.60 per square foot per month, setting a new high-water mark in Singapore’s apartment market with analysts seeing the potential for even pricier deals in the future.
An… Read More>>
Rental Housing Operator Weave Opens First Location in Singapore
Weave Living opened its first location in Singapore this week with the facility in Kampong Glam half leased at rents exceeding expectations, Sachin Doshi, founder and chief executive of the Hong Kong-based startup told Mingtiandi on Thursday.
The Warburg Pincus-backed… Read More>>
ARA Sells Half Stake in Singapore’s Lazada One to Sumitomo Mitsui-Backed Fund for $269M
ESR’s ARA Asset Management has divested its half stake in a Singapore office project to a fund backed by Japanese giant Sumitomo Mitsui Finance and Leasing Company (SMFL) for S$362.4 million ($269.3 million), Mingtiandi has learned.
A fund managed by… Read More>>
M&G Completes $248M Purchase of Four Singapore Auto Facilities From Cycle & Carriage
M&G Real Estate has completed its purchase of four car showrooms in Singapore from auto distributor Jardine Cycle & Carriage (JC&C) for a combined S$333 million ($248 million), in the city-state’s largest industrial deal in nearly four years.
“The attraction… Read More>>
BlackRock Ups Stake in Mapletree Logistics Trust, Becoming Substantial Unitholder
BlackRock Inc. has become a substantial investor in Mapletree Logistics Trust, the Singapore-based industrial specialist, as the US asset manager continues to target the city-state’s industrial sector.
Through one of its subsidiaries, BlackRock acquired just under 1.8 million units of… Read More>>
Nearly Half of Singapore Condo Project Sold on Launch Day
Sim Lian Group sold nearly half of a 386-unit condo project in Singapore’s Bukit Panjang area on its launch day this past weekend, as residents and investors continued to show an appetite for new homes in the city-state.
Despite rising… Read More>>
LHN Launches Flagship Co-Living Complex Along Singapore’s Orchard Road
Coliwoo has launched a 411-unit shared accommodation facility near the city-state’s swanky Orchard Road, as the co-living unit of Singapore-listed LHN Group continues its expansion streak after Singapore residential rents jumped by nearly a third over the past 12 months.
Hoi Hup, Sunway Sell a Third of Singapore Luxury Project on Launch Weekend
Singapore-based developer Hoi Hup Realty and Malaysia’s Sunway Group sold more than one-third of a 270-unit luxury condo project in Pasir Panjang during the launch weekend despite rising interest rates and increased taxes showing signs of slowing the city’s housing… Read More>>
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