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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>>

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>>

Watch Retailer Buys Office Floor Along Singapore’s Orchard Road for $34M

2022/10/05 by Beatrice Laforga Leave a Comment

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>>

Suntec City Singapore

Mainland Buyer Pays Record Price for Floor in Singapore’s Suntec City

2022/10/04 by Beatrice Laforga Leave a Comment

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>>

Suntec City Tower

Singapore Strata Office Sales Plunge, Prices Rise as Supply Dries Up

2022/08/03 by Christopher Caillavet Leave a Comment

Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 percent decline from the prior six months and a 48.1 percent plunge on year-earlier levels, according to Knight Frank.

A total… Read More>>

Nick Tang Wang On

Wang On Sells Admiralty Asset for $66M as HK Office Sales Pick Up

2021/10/02 by Pawara Laothamatas Leave a Comment

Wang On Properties has agreed to sell an entire floor at the United Centre for a consideration of HK$515 million ($66.1 million) or HK$29,022 per square foot, following the uptick in Hong Kong’s office market in August, with rents in… Read More>>

Leung Moon Lam

Mainland Property Tycoon Loses 31% on Hong Kong Office Sale

2020/08/23 by Elizabeth Utley Leave a Comment

A founder of a Hong Kong-listed mainland developer appears to have taken a 30 percent haircut on an office investment in the New Territories as the city’s commercial real estate market continues to slip this year.

A set of three… Read More>>

David chan ping chi

Unnamed Mainland Investor Buys Floor of Hong Kong’s the Center for HK$1.1B

2019/05/06 by Dorothy Ma Leave a Comment

Hong Kong tycoon David Chan Ping-chi has taken a step towards cashing out his holdings in the Center on Hong Kong’s Queen’s Road, selling a floor in the office building nearly two years after joining a consortium which acquired the… Read More>>

Kwok Ying Lan Yuzhou

Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M

2019/03/25 by Jan Kot Leave a Comment

Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong’s Queen’s Road in 2017 have been struggling in the city’s current market slowdown, but an announcement this week indicates that one of the wealthy… Read More>>

Pollyanna Chu

HK Commercial Deals Fell 51% in Sept – Turning Up Pressure on Speculators

2018/10/18 by Michael Cole Leave a Comment

Hong Kong’s housing market made headlines earlier this month when home prices fell for the first time in nearly two and a half years, after an unprecedented bull run.

Now data is emerging to show that the trend in the… Read More>>

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