“The property is located in the heart of Singapore’s premier residential enclave of Claymore Hill and Ardmore Park. In close proximity are the Tanglin Club, American Club, The Pines, Raffles Town Club, Goodwood Park Hotel as well as Shangri-La Hotel. ( read original story ...)
Malaysian developer pays $72m for prime site near Orchard Road
(Photo: Savills Singapore) Champsworth Development, a subsidiary of Malaysian property developer Selangor Dredging Berhad, has bought the prime freehold 1 Draycott Park apartment in District 10 for $72 million, said marketing agent Savills Singapore. ( read original story ...)
Here Are Four Singapore Companies With Bond Deadlines to Watch
Singapore’s bond market has seen unprecedented defaults, and a slump in oil prices along with a weak property market are threatening to increase nonpayments this year. The following is a list of four firms that have Singapore dollar-denominated bonds ... ( read original story ...)
Singapore among 10 cities leading the way in urban mobility
Singapore has been named among 10 cities in Asia Pacific implementing ... and there are numerous bike-sharing services available. As of 2016, property developers are also required to submit a detailed Walking and Cycling Pan as part of their development ... ( read original story ...)
Lorong 1 Realty Park site awarded
A 144,221 sq ft residential site at Lorong 1 Realty Park has been awarded to Fantasia Investment (Singapore) Pte Ltd ... The tender for the rare landed property site attracted 11 bids, with the winning bid working out to a land price of around S$526 ... ( read original story ...)
Indonesians among top-three buyers of Singapore property
The reasons behind Indonesian purchases are varied; some buy because their children are studying in Singapore or they need routine medical check-ups, while others buy the property merely for investment or security. (Shutterstock/beersonic) Indonesian ... ( read original story ...)
Property group Mapletree acquires more student housing assets in US
SINGAPORE - Property group Mapletree Investments has acquired another cluster of eight student housing assets from Kayne Anderson Real Estate Advisors, taking its total portfolio in United States to 17, the company said on Friday (June 2). The newly ... ( read original story ...)
Property developer prepares dinner for Muslim foreign workers to break fast
SINGAPORE — Executives from international property developer Lendlease and community leaders became “chefs” for a while on Thursday (June 1), during a cook-out at Paya Lebar Quarter. They were preparing food and serving migrant workers as a gesture ... ( read original story ...)
Bank of Singapore to keep hiring in hunt for growth, CEO says
SINGAPORE — Bank of Singapore, which recently broke into the ranks of Asia’s top 10 private banks, intends to keep hiring more relationship managers and focus on serving a wealthier bracket of customers to keep expanding its assets under management. ( read original story ...)
Singapore April bank lending rises 7.0 pct y/y
SINGAPORE May 31 Total bank lending in Singapore in April rose 7.0 percent from a year earlier, helped by increases in loans to financial institutions as well as housing and bridging loans, central bank data showed on Wednesday. Loans and advances by ... ( read original story ...)
Three S’pore property developers to snap up with the impending market uptick
SINGAPORE (May 30): Maybank Kim Eng Research is turning positive on Singapore’s property developers with expectations of a potential rebound in property prices, even without further policy easing. UOL Group remains Maybank’s top “buy” pick with a ... ( read original story ...)
Completed condo prices dip 0.6% in April: NUS index
View of high-rise apartments in Singapore. Prices of completed private non-landed residential properties fell 0.6 percent in April 2017, compared to a 0.8 percent rise in the month before, according to latest flash estimates of the NUS Singapore ... ( read original story ...)
Trillion Global invests S$67mil in Thailand condominium project
The Singapore real estate investment firm also invested an additional 760 million baht in a luxury condominium project by Singha Estate – THE ESSE at SINGHA COMPLEX. (Artist’s Impression: Singha Estate) As a stamp of approval to Thailand’s property ... ( read original story ...)
KSH Holdings FY2017 net profit down 33.4%
With this, the company proposed “final and special cash dividends of 1.5 Singapore cents and 0.5 Singapore cent per share, respectively, bringing the total dividends declared in FY2017 to 3.25 cents per share”. KSH also proposed to issue one bonus ... ( read original story ...)
Logan Property turns to Singapore in its bid to diversify
Drawn by the city-state’s stable operating environment and low tax system, Logan Property Holdings marked its maiden foray into Singapore with a record $1.003 billion bid for a prime residential site in Stirling Road with Nanshan Group, reported The ... ( read original story ...)
Property: Is housing in Singapore affordable?
Affordable housing is an ongoing debate, which probably goes as far back as the moment public housing was invented. It’s not uncommon, especially in Singapore, for the affordability of homes to be a hot topic. You may be wondering why we can never come ... ( read original story ...)