In Singapore, Chinese buyers accounted for nearly 25% of the total foreign property acquisitions during the first three quarters of 2020, showed Cushman and Wakefield data. Enriched by the recent stock market boom, property investors from mainland China turned their focus on Singapore, while shunning traditional markets such as the UK, the US and Australia amid concerns of weakening trade relations,...
With a total land area of 3,449.60 sq m or 37,131 sq ft, the property comprises 15 adjoining two-storey terrace homes and is the largest private residential transaction to date this year. Image: Cushman & Wakefield Roxy-Pacific Holdings’s subsidiary, RL East Pte. Ltd., has acquired a freehold residential development site at 217 – 223A Guillemard Road and 1 – 21A Jalan Molek for $93 million,...
PROPERTY and hospitality group Roxy-Pacific Holdings' wholly-owned subsidiary RL East will fork out S$93 million to acquire a freehold residential development site near the Aljunied and Mountbatten MRT stations. The Business Times - Read...
CITY Developments Limited's (CDL) hotel arm Millennium & Copthorne Hotels (M&C) is reviewing its portfolio and may dispose of some assets in a drive to recover from the effects of the Covid-19 pandemic by as early as 2021, it said on Wednesday night. The Business Times - Read...
THE Singapore government first mooted the idea of decentralisation with smaller employment centres outside the Central Area in its first concept plan in 1971. The Business Times - Read...
COLLECTIVE sales, or what is more commonly known as en bloc sales, refers to the purchase of all units within a development by a single buyer or a consortium/joint venture. The Business Times - Read...
THE city fringe private residential market, commonly known as the rest of central region (RCR) is a diverse market comprising different planning areas. The sub-central market includes Geylang, Kallang and Marine Parade in the East, Bukit Merah and Outram in the South, Queenstown and Bukit Timah in the West and Bishan and Toa Payoh in the North. The Business Times - Read...
DESPITE the pandemic-led economic downturn, the Singapore private residential sector - particularly the mass market and even the mid-tier segment - has displayed strong resilience, thanks to robust local end-user demand and Housing Development Board (HDB) upgraders. The Business Times - Read...
WEALTHY investors are out in force this year although the global economy is teetering on the brink of a deep recession. The Business Times - Read...
COVID-19 has affected office markets all over the world due to its economic impact and the widespread advent of mass telecommuting. The Business Times - Read...
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