A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>
Office Floor in Singapore’s Chinatown Point Sold For $13M
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>>
Office Units in Singapore’s Tanjong Pagar Sell for $25M in Record-Breaking Deal
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
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>>
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 Strata Office Sales Plunge, Prices Rise as Supply Dries Up
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>>
Wang On Sells Admiralty Asset for $66M as HK Office Sales Pick Up
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>>
Mainland Property Tycoon Loses 31% on Hong Kong Office Sale
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>>
Unnamed Mainland Investor Buys Floor of Hong Kong’s the Center for HK$1.1B
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>>
Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M
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>>