Elias Green, a 99-year leasehold condominium located in Pasir Ris, will soon be put up for sale once again. The appointed marketing agent, ERA Realty Network, has announced that the public tender will be launched on March 6 with a guide price of $928 million.
Built in 1994 and occupying …
The bidding for the Government Land Sale (GLS) site in Media Circle (Parcel A) at one-north closed on March 4, with a winning bid of $315 million by a consortium comprising Qingjian Realty, Forsea Holdings, and minority investor Hoovasun Holding. The 82,125 sq ft site has a 99-year leasehold and …
HPL, a leading property player and hotelier, has announced its plans to expand its global presence with the acquisition of InterContinental Auckland for NZ$180 million. This marks HPL’s first venture into the New Zealand market and its second acquisition of an InterContinental hotel, following the InterContinental Maldives Maamunagau Resort.
The …
Investments in Asia Pacific real estate rose by 6% year-on-year to US$83.2 billion ($112 billion) in the second half of 2024, according to research by Colliers. This brings the total investments for the entire year to US$155.9 billion, a 12% increase from the previous year. The figures cover the top …
In the latest announcement, CLI said the firm views sustainability as an integral part of its business strategy, and that its sustainability-linked bond issuance in January was “well received by investors, with the order book nearly 10 times oversubscribed.”Singapore – Lee Chee Koon, the CEO of CapitaLand Investment Limited (CLI), …
Singapore-based private equity real estate firm, SC Capital Partners Group, has announced the sale of its student accommodation asset located in Sydney, Australia. According to a press release on March 3, the group sold the property – situated on Anzac Parade and Lorne Avenue in Kensington – at a significant …
City Developments, a property investment company, saw its stock price plummet by 5.47% upon resumption of trading today due to an internal dispute that has resulted in a court battle. The company’s shares had been halted on Feb 26 and a results briefing was cancelled at the last minute. The …
In a recent announcement, Elite UK REIT announced the divestment of Crown Buildings, Caerphilly for GBP710,000 ($1.2 million) at an 18% premium. The trustee of the REIT, Perpetual (Asia) Limited, confirmed the sale in a filing to the bourse on March 3.
The vacant property, located in Wales, was valued …
The week of Feb 7 to Feb 14 saw Mandarin Gardens achieve the highest profitable condo resale transaction. A 3,800 sq ft four-bedroom unit at the development was sold for $4.88 million, or $1,284 psf, on Feb 11. Records from URA show that this eighth-floor unit was previously sold for …
The latest period from Feb 7 to 16 saw the sale of a 452 sq ft, two-bedroom unit at Hill House set a new record psf-price high of $3,398, making it the top private condo in terms of psf-price in the period. Located in District 9 and launched in 2022, …
