PGIM Real Estate has sold three more floors in a downtown Singapore office project to near a sell-out of the property near Tanjong Pagar.
The US investment manager sold the 14,252 square feet (1,324 square metres) of space for a… Read More>>
Nepali Tycoon Buys Singapore Shophouse Hotel From Garcha Group for $62M
Upscale hotels fashioned from conserved Singapore shophouses continue to attract Asia’s ultra-wealthy, with a Nepali tycoon picking up a hostelry in the Tanjong Pagar area for S$80 million ($61.8 million)
Lotus One Investment, a private company controlled by Chandra P… Read More>>
Mainland Developer Yanlord Marketing Half-Stake in Anson Road Project for $240M
After swinging to a loss of RMB 486 million ($66.5 million) in the first half of 2024, SGX-listed mainland developer Yanlord Land is marketing a half-stake in a commercial project in Singapore’s Tanjong Pagar area for S$325 million ($240.1 million).
Hotel in Singapore’s Tanjong Pagar on the Market for $68M as Hospitality Market Booms
Investors are about to get a demonstration of the impact of Singapore’s booming travel market on hotel values as local boutique hospitality firm Garcha Group puts a heritage hospitality asset on the market in the city-state’s Tanjong Pagar area.
Formed… Read More>>
PAG Buying Mapletree Anson From MPACT for $574M in Singapore’s Biggest Deal of 2024
Mapletree Pan Asia Commercial Trust (MPACT) is selling its flagship office building in downtown Singapore to regional private equity titan PAG for S$775 million ($574 million), in a deal which will rank as the city-state’s largest office transaction in two… Read More>>
Jack Ma’s Wife Buys Shophouses in Singapore’s Tanjong Pagar at Up to $37M
Despite stamp duties and investigations, wealthy mainland investors are still banking on Singapore properties, with the wife of the country’s best known tech tycoon having purchased a row of shophouses in the Tanjong Pagar area last month for a reported… 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>>
Shimao Services Unit Replaces Auditor Again and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a tiff over fees prompts the exit of Shimao Services’ auditing firm, and analysts say sales of new homes in Hong Kong could soar this year as rate hikes ease and cross-border traffic… Read More>>
SOM Unveils Design for Alibaba-Backed Tower Set to Be Singapore’s Tallest Building
American architecture giant Skidmore, Owings & Merrill has revealed its design for an Alibaba-backed tower soaring 350 metres (1,148 feet) in height to become Singapore’s tallest skyscraper upon completion.
The 63-storey mixed-use development at 8 Shenton Way in the Tanjong… Read More>>
Alibaba-Led Consortium Gets Nod for Singapore’s Tallest Skyscraper in Tanjong Pagar
Mainland tech giant Alibaba together with consortium partners led by Perennial Holdings are set to build Singapore’s tallest tower after regulators approved their proposal for a 305-metre (1,001-foot) skyscraper in Tanjong Pagar.
In a grant of written permission dated 7… Read More>>