Commercial Property
Development charges rates for commercial use increased by an average of 13%
Development charges rates for commercial use increased by an average of 13%
For the period from 1 March 2011 to 31 August 2011, DC rates for Group A recorded the largest increase of 29% in Sector 9.
Overseas Union Enterprise reports 2010 net profit of $777.2mn
The robust performance was achieved on the back of a 58.8% rise in OUE's FY2010 revenue.
Housing and Development Board launched 3 Built-to-Order housing sites
The housing sites have 1,593 units on offer and these will ramp up the supply of new flats to meet rising demands.
URA launches tender at Hillview Avenue
The land parcel has a site area of about 1.4 ha and a maximum permissible gross floor area of 40,025 sqm.
CapitaMall Trust to acquire Iluma for $295mn
Iluma has a net lettable area of 185,190 sq ft and is connected by an overhead link-bridge to the second storey of Bugis Junction.
URA releases industrial site at Pioneer / Soon Lee
A 1.7-hectare industrial site at Pioneer Road North / Soon Lee Street has been released under the Reserve List system today.
HDB releases 2 residential sites for sale
The Housing and Development Board released two residential sites for sale that can collectively generate about 1,440 dwelling units.
Home prices to drop 3-5% in 2011
This comes after private residential sales fell 10.7 m-o-m to 1,189 units in January.
URA releases industrial site at Pioneer Road North/Soon Lee Street on Reserve List
This is the first of the four new industrial sites to be released for sale under the Reserve List of the first half 2011 Industrial Government Land...
Tender in Bishan receives record 19 bids
There is a 27% gap between the top bid of $550.1 million and the second bid.
Singapore real estate investment sales up 65.7% in 2H 2010
A total of $21.77 billion worth of sales transactions were concluded during the second half of 2010.
Mainland Chinese buyers of residential properties in Singapore reach record 23% in Q4 2010
The proportion of mainland Chinese buyers rose 3% in Q4 2010 from 20% a quarter ago.
City Developments raises South Beach stake to two thirds
It is estimated that CDL could be paying about $150-170 million for Dubai World's one-third stake.
City Developments reports net profit of $749mn in 2010
The Group's balance sheets continue to be healthy with net gearing ratio at 29 per cent.
Jones Lang LaSalle appoints Hugo Bagué and Martin Nesbitt to its Board of Directors
Bagué will join the Board’s Compensation Committee and Nesbitt will join the Board’s Audit Committee.
URA awards the White Site to GuocoLand
The land parcel will be transformed into a high-quality office and hotel development within the Central Business District.
Moody's: Singaporean CMBS transactions enjoy good performance
Moody's revealed that cash flow from properties backing Singaporean Commercail Mortgage Backed Securitization has been strong. This has been an...
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