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Cheng Wai

Wing Tai Places $343M Top Bid for Luxury Site in Singapore’s River Valley

2024/06/20 by Christopher Caillavet Leave a Comment

A luxury residential site in Singapore’s posh River Valley area drew two bids in a tender that closed Wednesday, including the top offer of just under S$464 million ($343.6 million) from developer Wing Tai Holdings, according to an announcement by… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Slip 27% to Lowest in Three Months as Launch Schedule Slows

2024/06/18 by Christopher Caillavet Leave a Comment

New private home sales in Singapore fell 27 percent in May to their lowest level in three months, according to data released by the Urban Redevelopment Authority on Tuesday.

Excluding executive condos, sales dipped from 301 units in April to… Read More>>

Dairy Farm Walk

Singapore’s URA Launches Trio of Sites to Supply 1,915 Homes

2024/06/13 by Christopher Caillavet Leave a Comment

Singapore’s Urban Redevelopment Authority on Thursday released three residential sites under the Government Land Sales programme, as the campaign to replenish the city-state’s housing supply kicks into high gear.

The sites at Dairy Farm Walk and Tengah Garden Avenue in… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore’s URA Launches Tenders for Pair of Residential Sites

2024/05/30 by Christopher Caillavet Leave a Comment

Singapore’s Urban Redevelopment Authority on Thursday released two residential sites under the Government Land Sales programme, including the first plot to be used entirely for long-stay rental apartments, as the city-state seeks to boost the supply of living spaces.

The… Read More>>

WEE EE LIM UOL Group

UOL, CapitaLand JV Places $597M Top Bid For Singapore Luxury Site 

2024/05/15 by Beatrice Laforga Leave a Comment

A government land sale has once again fallen short of expectations as a residential plot in one of Singapore’s most expensive residential districts drew a top bid representing a one-third discount from 2018 pricing for the location.

UOL Group, along… Read More>>

Singapore housing

Singapore Developer Home Sales Drop 66% and More Asia Real Estate Headlines

2024/05/15 by Michael Cole Leave a Comment

Singapore’s sagging housing market leads Mingtiandi’s headline roundup today as homebuyer activity drops by two-thirds in the Lion City. Hong Kong’s CK Asset also makes the list as it slashes prices on some homes by a third and Guangdong-based developer… Read More>>

China Vanke chairman Yu Liang

China Vanke to Exit Non-Core Ventures and More Asia Real Estate Headlines

2024/05/01 by Ponrath Sopannarath Leave a Comment

The ongoing challenges facing China Vanke lead Mingtiandi’s May Day collection of real estate headlines as the mainland giant tries to reassure investors of its path to profitability. Also in the news, negative equity mortgage hit a 20-year high in… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Site Tender Triggered One Week After CDL-Mitsui Awarded Neighbouring Plot

2024/04/22 by Beatrice Laforga Leave a Comment

Less than a week after a joint venture between City Developments Ltd and Mitsui Fudosan of Japan captured a residential project in Singapore’s upscale District 10 with a below-market bid, an unnamed developer has made an offer on an adjacent… Read More>>

Singapore Developer’s Adelaide Plans Under Fire and More Asia Real Estate Headlines

2024/04/22 by Ponrath Sopannarath Leave a Comment

Plans by Singapore developer Wee Hur to knock down a 171-year-old Adelaide hotel are the target of a local petition drive, with that story leading Mingtiandi’s real estate headlines from around the region today. A mainland developer financial failure also… Read More>>

GuocoLand-Hong Leong Lentor JV Leads Singapore Home Sales Rebound in March

2024/04/15 by Beatrice Laforga Leave a Comment

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of decline as a new project by GuocoLand and Hong Leong Holdings accounted for nearly 57 percent of the monthly total.

Lentor… Read More>>

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