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Nicholas Mak of ERA Real Estate

Singapore Complex Back on the Market at Same Price Just Four Months After Failed Sale

2022/03/16 by Beatrice Laforga 2 Comments

Homeowners in a condo complex near Singapore’s Ang Mo Kio area are making their second attempt at collective sale in four months as investors remain confident in developer demand for land despite cooling measures introduced in December.

“We are reasonably… Read More>>

Weave Living founder Sachin Doshi

Weave JV Buys Singapore Hotel for $56M as Rental Housing Operator Goes Regional

2022/03/13 by Beatrice Laforga Leave a Comment

Weave Living is leading a S$75 million ($56 million) purchase of a hotel in Singapore’s Bugis district to mark its first acquisition in the Lion City.

The Warburg Pincus-backed rental housing platform is acquiring the row of two-storey shophouses at… Read More>>

Local Builder Sim Lian Tops Tender for Singapore Residential Site with $255M Bid

2022/03/10 by Beatrice Laforga Leave a Comment

Sim Lian Group placed the highest bid for a residential plot near Singapore’s Upper Bukit Timah area, topping a competitive field in a government tender for the suburban site on Tuesday.

Privately-held Sim Lian Land and Sim Lian Development offered… Read More>>

Janil Puthucheary Singapore

Singapore Confirms Data Centre Permit Process Will Kick Off in Q2

2022/03/09 by Beatrice Laforga Leave a Comment

A Singaporean official has confirmed that regulators will start accepting applications for development of new data centre next quarter as part of a pilot program to reopen the city to development of new server facilities after a hiatus of more… Read More>>

sherman kwek CDL

Hongkong Land Singapore Unit Buys 49% Stake in CDL Project

2022/03/08 by Beatrice Laforga Leave a Comment

Hongkong Land’s Singapore unit MCL Land is set to grow its portfolio of luxury Lion City condos by teaming up with local developer City Developments Ltd (CDL) for a four-tower residential complex project in the city-state’s lower east coast area.

… Read More>>

Li Ka-Shing

CK Asset Sued Over Alleged Defects in Singapore Condo Project

2022/03/07 by Beatrice Laforga Leave a Comment

A real estate project built by a unit of what is now CK Asset Holdings is facing a lawsuit in Singapore after homeowners complained of alleged defects in the Thomson Grand condominium complex near Lower Pierce Reservoir in central Singapore,… Read More>>

Ben Keswick Hongkong Land

Hongkong Land Holds Steady as Leasing in Singapore Outperforms Home City 

2022/03/06 by Beatrice Laforga 1 Comment

Hongkong Land Holdings saw its underlying profit hold steady at $966 million last year as strong leasing income from its Singapore portfolio helped blunt the impact of weaker performance by its office assets in Hong Kong.

The group’s underlying profit… Read More>>

CBRE Promotes Luke Moffat to APAC Head of Advisory and Transaction Services

2022/03/01 by Christopher Caillavet Leave a Comment

Global property consultancy CBRE on Tuesday announced the promotion of Luke Moffat to regional managing director and head of advisory and transaction services for Asia Pacific.

Moffat succeeds Manish Kashyap, who was elevated to global president of advisory and transaction… Read More>>

yuen kuan moon singtel

CapitaLand, Lendlease Shortlisted for $1.5B Redevelopment of Singtel HQ

2022/02/24 by Beatrice Laforga Leave a Comment

CapitaLand and Lendlease are competing for pole position for a S$2 billion ($1.5 billion) redevelopment project as Singapore’s largest telecom provider prepares to build a new commercial complex on the site of its headquarters near the city’s Orchard Road shopping… Read More>>

Jason Lee, Managing Director, CIO and Senior Portfolio Manager, APAC, AEW

AEW Selling Office Tower in Singapore’s Raffles Place To Kajima For $213M

2022/02/23 by Beatrice Laforga Leave a Comment

Global fund manager AEW is selling a 16-storey office block in Singapore’s Raffles Place to a unit of Japanese construction and real estate firm Kajima Corp for S$286.9 million ($213.4 million), as global investors continue to target Singapore office assets.

… Read More>>

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