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Copen Grand First EC in Tengah

CDL, MCL Land Project Sells Out in One Month as Singapore Market Stays Hot

2022/11/28 by Christopher Caillavet Leave a Comment

Singapore’s red-hot housing market is extending its reach even to far-flung Tengah Town, as an executive condominium by City Developments Ltd has sold out just one month after the project’s launch in the western planning area.

All of the remaining… Read More>>

Gordon Tang Singhaiyi

Mainland Investors Gordon, Celine Tang Make Buyout Offer for Singapore’s Chip Eng Seng 

2022/11/27 by Beatrice Laforga Leave a Comment

Mainland billionaire couple Celine and Gordon Tang are moving to further consolidate control over their Singapore property empire by taking developer Chip Eng Seng private in an all-cash buyout offer that values the company at S$565 million ($411 million).

The… Read More>>

stuart-porter pwc

Singapore Reclaims Title as Most Desirable Investment Destination From Tokyo

2022/11/24 by Mingtiandi Team Leave a Comment

Singapore has edged out Tokyo as the most favoured Asia Pacific property investment destination in 2023, reclaiming a title it previously held two years running, according to a report released this week.

The nonprofit Urban Land Institute, which issued the… Read More>>

Avenir Singapore

Singapore New Private Home Sales Down 68% in October on Lack of Supply

2022/11/15 by Christopher Caillavet Leave a Comment

A shortage of major condo launches dampened Singapore’s new private home sales in October, with transactions plunging 68.4 percent from the previous month to 312 units sold.

Fresh housing curbs imposed by the central bank and a limited supply of… Read More>>

Thomas Hirschvogel_PATRIZIA Head of APAC

Germany’s Patrizia Launches $1B Japanese Multi-Family Fund, Expands In Singapore

2022/11/14 by Beatrice Laforga Leave a Comment

German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add multi-family assets across the country’s top cities, according to the company’s top executive for the region.

In an interview with Mingtiandi on… Read More>>

Stirling-Residences Singapore

Singapore Residential Rental Index Hits 24-Year High as Volume Rebounds

2022/11/14 by Christopher Caillavet Leave a Comment

Residential rents rose at the highest rate ever recorded in Singapore during the third quarter, according to a new report by Savills analysing government data.

Leasing rates for landed and non-landed properties in the Little Red Dot surged 10.9 and… Read More>>

sukmawati Widjaja

Widjaja Family Sells Singapore Properties to Mainland Investor for Record Price

2022/11/13 by Beatrice Laforga 1 Comment

A Chinese investor has acquired three strata units in an office building along Singapore’s Scotts Road from a company controlled by Indonesia’s Widjaja family for S$10.1 million ($7.33 million), setting the highest price per unit of area ever recorded for… Read More>>

Han Khim Siew, OUE

OUE C-REIT Eyes Opportunities in Australia, UK in Drive to Boost Income

2022/11/10 by Beatrice Laforga Leave a Comment

After reporting sustained growth in Singapore office space, OUE Commercial REIT’s chief executive is keen on growing the trust’s overseas portfolio in the year ahead as opportunistic office deals arise in its target markets of Sydney, Melbourne and London.

Han… Read More>>

Marc Boey of Far East International

Far East-Sekisui House, Bukit Sembawang Top Bidding in Muted Singapore Land Sales

2022/11/06 by Beatrice Laforga Leave a Comment

A joint venture between Singapore builder Far East Organization and Japan’s Sekisui House emerged as the highest bidder for one of two residential land sales in the Lion City that closed late Thursday. Analysts, however, were quick to point to… Read More>>

Singapore Housing Stays Hot in Q3 With 3.8% Jump In Private Home Prices

2022/10/30 by Beatrice Laforga Leave a Comment

Singapore’s housing market continues to heat up despite a challenging macroeconomic landscape, with a spike in demand for suburban housing helping to drive up private home prices at a faster than estimated 3.8 percent in the third quarter.

A final… Read More>>

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