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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...

Lower investment income, weaker hospitality drag down OUE’s Q3 revenue

PROPERTY developer OUE on Friday posted a 52.5 per cent drop in third-quarter revenue to S$134.2 million, due to lower contribution from its investment properties, on the back of rental rebates extended to tenants on a targeted basis. PROPERTY developer OUE on Friday posted a 52.5 per cent drop in third-quarter revenue to S$134.2 million, due to lower contribution from its investment properties, on...

Centurion’s Q3 revenue falls 11% on lower portfolio occupancy

DORMITORY developer-operator Centurion Corp on Friday posted an 11 per cent drop in third-quarter revenue to S$29.4 million, due mainly to lower occupancy in its portfolio because of Covid-19, particularly in its student accommodation properties in Australia and the United Kingdom. DORMITORY developer-operator Centurion Corp on Friday posted an 11 per cent drop in third-quarter revenue to S$29.4...

MCC Land wins tender for Tanah Merah site with S$249m bid

MCC Land (Singapore) has won the tender for a site at Tanah Merah Kechil Link with its bid of S$248.99 million, the Urban Redevelopment Authority (URA) announced on Friday. MCC Land (Singapore) has won the tender for a site at Tanah Merah Kechil Link with its bid of S$248.99 million, the Urban Redevelopment Authority (URA) announced on Friday. The Business Times - Read...

Sasseur Reit Q3 DPU rises 7.6% to 1.764 S cents

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 7.6 per cent rise in its distribution per unit (DPU) to 1.764 Singapore cents for the third quarter ended Sept 30, 2020, from 1.64 cents a year ago. SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 7.6 per cent rise in its distribution per unit (DPU) to 1.764...

AF Global’s 292.8m yuan stake sale in China JV falls through

HOSPITALITY player AF Global's proposed 292.8 million yuan (S$57.6 million) sale of a 55 per cent interest in its joint venture (JV) did not take place. HOSPITALITY player AF Global's proposed 292.8 million yuan (S$57.6 million) sale of a 55 per cent interest in its joint venture (JV) did not take place. The Business Times - Read...

Cromwell E-Reit to issue 300m euro notes due in 2025

A SUBSIDIARY of Cromwell European Real Estate Investment Trust (Cromwell E-Reit) has priced an offering of 300 million euros (S$477.8 million) of five-year senior unsecured notes. A SUBSIDIARY of Cromwell European Real Estate Investment Trust (Cromwell E-Reit) has priced an offering of 300 million euros (S$477.8 million) of five-year senior unsecured notes. The Business Times - Read...

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