‘Ferrari lady’ puts Astrid Hill GCB on the market for $52 mil

A house at the end of a cul-de-sac on a quiet street on Astrid Hill is on the market with a price tag of $52 million, with several agents specialising in landed property marketing it. The single-storey Good Class Bungalow (GCB) sits on a 2…

Nouvel 18 sells 16 units; 90% of the buyers are foreigners

On the weekend of July 20 and 21, City Developments Ltd (CDL) released 30 units at luxury, freehold project, Nouvel 18. To date, 16 units or more than half of the units released have been sold, according to CDL. Units sold were predominant…

Logistics building Space@Tampines on the market from $170 mil

Space@Tampines, an e-commerce and logistics development at 18 Tampines Industrial Crescent, has been launched for sale with an indicative price of $170 million to $190 million, announced sole marketing agent CBRE. The development, by Oxley…

Watten Estate Condo to launch $536 mil collective sale bid

Watten Estate Condominium, a 104-unit development on Shelford Road in the Bukit Timah area, is up for collective sale. The freehold development is on the market for $536 million, or about $1,738 psf per plot ratio (ppr). Factoring in the u…

HDB resale price index falls 0.2%, transactions up 29.8%

The HDB resale price index dropped by 0.2% q-o-q to 130.8 in 2Q2019 from 131.0 in 1Q2019, according to data released by HDB on July 26. This was not surprising as the resale price index has remained unchanged from the flash estimate releas…

Priced out of the most expensive real estate market on earth? Get an acre of lunar property for US$24.99

Several websites in the United States are selling title deeds that purportedly grant the buyer ownership to frontier land on the moon. For US$24.99 , Lunar Embassy in California sells a piece of parchment that proclaims the customer the ow…

Five types of people you’ll meet in Balestier

Balestier is a sub-zone of the Novena planning area, known for its quirky, eclectic character. Nestled right next to its more reserved and upmarket main planning area Novena, and mere minutes away from Orchard Road by car, Balestier is one…

Fragrance Group to launch Jervois Treasures on July 27

Local property developer Fragrance Group will launch its newest residential project, Jervois Treasures, on Saturday, July 27. The developer will also launch another new residential project, Urban Treasures, later this quarter. “We picked u…

Eu Yan Sang Building in Chinatown going for $62.5 mil

Eu Yan Sang Building in Chinatown, comprising four contiguous shophouses, has been put up for sale at $62.5 million, or about $3,143 psf on the gross floor area. Located at 265 to 271 South Bridge Road, the row of three-storey conservation…

About 160 units sold at One Pearl Bank on launch weekend

CapitaLand announced that 160 units or 80% of 200 units released during the first weekend of launch, have been sold as at 5pm on Sunday, July 21. Bookings had commenced at 11am on Saturday, July 20. The average sale price achieved was $2,4…

Beauty World and Hillview: The allure of late-night dining and nature trails

Beauty World’s strongest draw is its stretch of eateries along Cheong Chin Nam Road. Home to an array of cuisines, the area attracts its largest crowd in the evenings. The buzz tapers off late into the night, but some shops open well into …

Belmont Road GCB up for auction at $42 mil

A two-storey Good Class Bungalow (GCB) at 80 Belmont Road will be featured at Knight Frank’s property auction on July 23. The freehold property is being sold through a mortgagee sale and has a guide price of about $42 million, or $1,557 ps…

IMF recommends adjustment to property cooling measures, eliminating ABSD eventually

After expanding 3.7% in 2017, Singapore’s economic growth tapered to 3.1% in 2018 and the International Monetary Fund (IMF) has projected that it will slow to 2% in 2019. Growth had already decelerated to 1.1% in 1Q2019 and 0.1% in 2Q2019.…

Koh Brothers Eco in tie-up to build infrastructure for Tuas plant

Koh Brothers Building & Civil Engineering (KBCE) has jointly clinched a $668.2 million contract from the Public Utilities Board (PUB) for the construction of influent pumping stations at Tuas Water Reclamation Plant (TWRP). KBCE is a wholl…

Leveraging data to create the workplace of the future

Located in the Zuidas business district in Amsterdam, The Edge is a 430,556 sq ft building dubbed the world’s greenest and most intelligent office building. Designed for its anchor tenant, Deloitte, the building integrates an array of smar…

Applications for Piermont Grand, first EC launch in 2019, open on July 12

Applications for Piermont Grand, the first Executive Condominium (EC) launch this year, will be open for eligible buyers on Friday (July 12) and end on July 22. Bookings are expected to be conducted on July 27, announced City Developments …

Mapletree Industrial Trust to embark on redevelopment project in Kallang

Mapletree Industrial Trust (MIT) will embark on a $263 million redevelopment of its properties in the Kolam Ayer 2 flatted factory cluster in Kallang. This was announced by Mapletree Industrial Trust Management (MITM), the manager of the S…

CapitaLand to install rooftop solar panels on six properties

Property giant CapitaLand is partnering Sembcorp Industries to install 21,240 rooftop solar panels on six CapitaLand properties by the end of the year. The installation will be the largest combined rooftop solar facility in Singapore by a …

Mixed-use building in Kallang up for collective sale at $160 mil

The owners of a mixed-use building at 27 Foch Road in Kallang have launched a collective sale attempt for $160 million, or $1,866 psf per plot ratio, announced marketing agent Huttons Asia on Monday. Known as Hoa Nam Building, it is a free…

Revamped Funan Mall leverages tech to refine shopper experience

By 9am on June 28, a snaking queue had formed around the main entrance of Funan mall. While the doors officially opened to the public only at 11.30am, eager shoppers were peeking through the mall’s glass door, hoping to catch a glimpse of …

Qingjian Realty launches second phase of JadeScape

Qingjian Realty (South Pacific) Group, the developer of the 1,206-unit JadeScape on Shunfu Road, has launched the second phase of sales in the project. The developer closed its 22,000 sq ft, double-storey sales gallery – considered the lar…

Industrial building in Tai Seng for sale at $23 mil

A six-storey industrial building at 17 Tai Seng Drive, also known as Yew Lee Building, is on the market for $23 million, announced the sole marketing agent Cushman & Wakefield. The property is a purpose-built, single-user, detached industr…

Freehold properties in Balestier and East Coast for sale

Two freehold properties have been put up for sale by public tender. The first is a single-storey property at East Coast Road which has a guide price of $20 million (or $8,726 psf on the floor area), and the other is a four-storey, mixed-us…

Mega unit at Ritz Carlton Residences going for $22 mil

A 5,662 sq ft, single-floor mega unit on the 15th floor of Ritz Carlton Residences in Cairnhill is for sale at $22 million ($3,955 psf). This unit used to be two separate three-bedroom units; however, KOP Ltd, the developer, decided to reb…

CapitaLand completes $11 billion acquisition of Ascendas-Singbridge

CapitaLand announced on June 30, the completion of its acquisition of all the shares in Ascendas Pte Ltd and Singbridge Pte Ltd from Temasek Holdings. The acquisition, valued at $11 billion, was first announced on January 14, 2019. It will…

Alexandra Technopark secures Google as major tenant

A trustee of Frasers Commercial Trust (FCOT) has entered into a lease agreement with Google Asia-Pacific for the latter to lease space at Alexandra Technopark. Google will take up around 344,100 sq ft of space or around 33.3% of the curren…

Luxury bungalow in Kheam Hock sold for $13.28 mil

A brand-new freehold luxury bungalow in the Kheam Hock landed housing estate was sold for $13.28 million ($2,586 psf). The 2½-storey house, which sits on 5,137 sq ft of land, is one of three bungalows along Narooma Road developed by boutiq…

Hong Kong's home prices are so scary, people will live with ghosts to get a discount

Which is more frightening: a haunted house or one that takes a lifetime to save up for? For most people Hong Kong's sky-high property prices are a more terrifying prospect than the thought of living with ghosts, if a recent survey is anyth…

Shopping Guide: Furnishings For Your Gender-Neutral Nursery

Gone are the days when parents go all out in decorating their nursery with the gender of the baby in mind. These days, regardless if it's a boy or a girl, nurseries tend to be more of a gender-neutral space. From being too traditional, the…

UNDER THE HAMMER: Detached home at Paradise Island for sale at $12.9 mil

A 2½-storey detached home at 2 Paradise Island, in Sentosa Cove in District 4, will be put up for auction on June 26 for the first time by Edmund Tie and Co (ET&Co). This is a mortgagee sale with a guide price of $12.9 million ($1,830 psf)…