A pair of two-bedders at Seahill priced below $1.3 mil each
SINGAPORE (EDGEPROP) - A pair of two-bedroom units at Seahill, off West Coast Road in Clementi, is on the market for prices under $1.3 million. The two units were originally scheduled to be put up for auction that was cancelled due to the “circuit breaker” measures, and are now being marketed under private treaty, says Edmund [...]
Manufacturing tops resilience and rebound ranking: Colliers
SINGAPORE (EDGEPROP) - The top three sectors that hold the greatest “resilience and rebound potential” amid the Covid-19 pandemic are manufacturing, technology and hospitality, according to the Resilience and Rebound Ranking Report by Colliers International. The report identifies the most resilient industries over past crises and the opportunities for commercial real estate sectors beyond the current Covid-19 [...]
The reimagined office
As the Covid-19 pandemic pushes firms to run remotely, forcing workers to adopt tech and adapt to virtual collaborations, the conventional function of the office as a physical meeting place for work has been tested. Property consultants dive in on the permanent changes they expect will be here to stay in the industry: 1. The [...]
Seller of 8 @ Mount Sophia unit makes $1.1 mil profit
SINGAPORE (EDGEPROP) - Despite being eight weeks into the “circuit breaker”, the seller of a three-bedroom unit at 8 @ Mount Sophia managed to turn in a healthy profit when the property was sold on May 26. It was also the most profitable deal recorded during the week in review from May 19 to 26. [...]
GSM Building at Middle Road for sale at $98 mil
SINGAPORE (EDGEPROP) - GSM Building at 141 Middle Road has been launched for en bloc sale at a reserve price of $98 million. It is the first commercial site to be launched since the lifting of some “circuit breaker” measures on June 2. The property, a corner double-frontage building facing Middle Road, has a [...]
Seller of Flame Tree Park unit makes $1.3 mil profit
By Timothy Tay/ EdgeProp Singapore|April 9, 2020 6:00 AM SGT SINGAPORE (EDGEPROP) – The most profitable transaction during the week of March 24 to 31 was the sale of a 2,174 sq ft unit at Avon Park, a freehold development on Youngberg Terrace. The unit changed hands for $3 million ($1,380 psf) on March 27. […]
Developers sell 277 new private homes in April despite circuit breaker measures
Despite strict movement controls as part of the ‘circuit breaker’ measures from April 7, developers managed to sell 277 new private homes (excluding Executive Condominiums) during the month of April, based on the latest statistics from URA.“Buyers and Investors were fortunate to have access to show flats in the first seven days of April. Thereafter, [...]
Guide price of $2.05 mil for two-bedroom unit at Marina Bay Residences
By Valerie Kor / EdgeProp Singapore | April 9, 2020 8:00 AM SGT Original Article: https://www.edgeprop.sg/property-news/guide-price-205-mil-two-bedroom-unit-marina-bay-residences At Marina Bay Residences — the 55-storey, 428-unit luxury condo at Marina Bay waterfront — a two-bedroom apartment with unblocked sea views towards Marina South is being sold as a bank sale. Edmund Tie, who is advertising the unit, [...]
Kopar at Newton sees 77 units sold ahead of enforced shut down of all sales galleries
By Cecilia Chow/ EdgeProp Singapore|April 5, 2020 1:40 AM SGT SINGAPORE (EDGEPROP) – Chip Eng Seng’s property arm CEL Development sold a total of 77 units at Kopar at Newton on the first day of sales on April 4. The units sold achieved an average price of $2,350 psf. Despite tighter safe distancing measures, Kopar […]
Asia better positioned to lead post-Covid-19 recovery: Knight Frank
By Charlene Chin/ EdgeProp Singapore|April 3, 2020 8:06 AM SGT SINGAPORE (EDGEPROP) – As the Covid-19 outbreak has weakened market sentiments and thrown global economies into turmoil, Neil Brookes, Knight Frank’s head of capital markets in Asia Pacific, believes that Asia is better positioned to lead the post-pandemic recovery than the US or Europe.The numbers […]
Seller of Regency Suites unit makes $1.62 mil profit
By Timothy Tay/ EdgeProp Singapore|April 3, 2020 10:00 AM SGT SINGAPORE (EDGEPROP) – A three-bedroom unit at Regency Suites on Kim Tian Road topped the list of most profitable deals for the week of March 17 to 24. The 1,421 sq ft unit changed hands for $2.7 million ($1,900 psf) when it was sold on […]