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CapitaLand to grow investments in business parks, logistics and data centres in China

CAPITALAND on Monday said it aims to redeploy part of the capital from asset recycling to new economy assets such as business parks, logistics and data centres. This would grow its China exposure in the sector to S$5 billion over the next few years, from S$1.5 billion. CAPITALAND on Monday said it aims to redeploy part of the capital from asset recycling to new economy assets such as business parks,...

Residents of Geylang Lorong 3 houses are first to hand-over homes to state

Of the 37 families living there, 30 have already found alternative housing, while the remaining seven are “considering renting another property in the interim”, noted the SLA. Image: Google Street View The families living in the 191 two-storey terrace homes at Geylang Lorong 3 are set to be the first to hand back their houses to the Singapore Land Authority (SLA) upon the expiry of the units’ 60-year...

Frasers Centrepoint Trust is still keen on acquisitions

FRASERS Centrepoint Trust (FCT) may have just announced a sizeable deal, but the manager of the real estate investment trust (Reit) has no qualms about snapping up more properties if the right opportunities come along. FRASERS Centrepoint Trust (FCT) may have just announced a sizeable deal, but the manager of the real estate investment trust (Reit) has no qualms about snapping up more properties if...

1,200 visitors flocked The Landmark preview

The appointment-only viewing, in light of safe management measures, garnered more than favourable response at its first preview weekend as all appointment slots were fully taken up. Image: Landmark JV Pte. Ltd The Landmark, a 39-storey residential project within the heritage-rich Outram District, attracted close to 1,200 visitors during its preview over the weekend. Developed by Landmark JV, a joint...

The Linq @ Beauty World sells 96% of residential units over weekend launch

115 out of its 120 residential units were sold, with an average selling price of $2,150 per sq ft (psf) to $2,200 psf. Image: Showsuite The Linq @ Beauty World sold 96% or 115 out of its 120 residential units during its launch over the weekend – making it “the best performing launch” for this year. Developed by BBR Holdings’ unit Alika Properties, the freehold mixed-use development project...

From condo flippers to homebuyers: Are buying patterns shifting for foreigners in Singapore’s real estate?

FOREIGN buying has always been a major force driving real estate markets across the world, and Singapore is no exception. But increasingly, many in the property sector are observing that more foreign buyers now see their Singapore residential property as a home rather than just a quick flip. FOREIGN buying has always been a major force driving real estate markets across the world, and Singapore is no...

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