Prime office rents in Singapore’s Raffles Place/Marina Bay precinct leapt 1.4 percent in the third quarter compared with the previous three-month period to hit S$10.51 ($7.30) per square foot per month, as the city-state continues to provide a safe harbour… Read More>>
Price Record at Singapore’s Suntec City Broken for Third Time in Four Months
Adding to the string of record-breaking deals in Singapore’s Suntec City, a Thai investor is reportedly purchasing the top floor of one of the commercial complex’s office towers for S$39.7 million ($27.6 million), an industry source confirmed to Mingtiandi.
Level… Read More>>
Mingtiandi to Bring Singapore Real Estate Leaders to Global Audience on MTD TV
The countdown is on to next week’s Mingtiandi Singapore Focus Forum, which offers the choice of attending in person at the ParkRoyal Collection Hotel in Marina Bay or watching online worldwide.
Mingtiandi’s first-ever hybrid event, bringing together representatives of the… Read More>>
Singapore’s Stamford Land Selling Auckland Hotel to Alvarium Consortium for Record $94M
Stamford Land is making New Zealand’s biggest ever divestment of a single hospitality asset by selling its sole five-star hotel in Auckland to a consortium led by local hotel owner and operator CP Group for NZ$170 million ($94.28 million),
In… Read More>>
SC Capital Hires Man Yik Chiu as Head of Asset Management for RECAP Fund Series
Singapore-based SC Capital Partners has bolstered its team with four senior hires, led by the addition of Man Yik Chiu to take charge of asset management for the private equity firm’s opportunistic fund series.
After most recently overseeing assets for… Read More>>
Watch Retailer Buys Office Floor Along Singapore’s Orchard Road for $34M
A Singapore watch retailer has decided it’s time to own office space, and has sprung for an entire floor of an office building near Singapore’s Orchard Road shopping belt for S$49 million ($34.42 million).
Cortina Holdings, a Singapore-based distributor of… Read More>>
KKR, Lazard Join Speakers for Mingtiandi Singapore Event on 18 October
Speakers from KKR and Lazard have joined the list of top names appearing at the Mingtiandi Singapore Focus Forum on 18 October, completing the on-stage roster for the biggest event this year dedicated to institutional investment in Southeast Asia’s wealthiest… Read More>>
Mainland Buyer Pays Record Price for Floor in Singapore’s Suntec City
An office floor in Singapore’s Suntec City has sold for S$41.14 million ($28.77 million), according to a social media post by Savills on Monday, with an industry source identifying the buyer as a mainland Chinese individual.
Floor 31 in the… Read More>>
Singapore Home Prices Rise For 10th Quarter Despite Tougher Conditions
Singapore’s hunger for more high-end housing drove up prices for private residences by 3.4 percent from July through September as the market posted its tenth consecutive quarter of growth with demand persisting in the face of soaring interest rates.
A… Read More>>
Singapore Broadens Clamp-Down on Housing Market as Buying Frenzy Continues
Less than a week after Hong Kong relaxed mortgage lending rules, Singapore has moved in the opposite direction by imposing further cooling measures to tame buyer demand in the city-state’s red-hot housing market.
The Monetary Authority of Singapore will raise… Read More>>
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