Latest News - 1699

Unit at Leedon Residence reaps $2.9 mil profit

Unit at Leedon Residence reaps $2.9 mil profit

Posted on: Jul 24, 2021

SINGAPORE (EDGEPROP) - The seller of a unit at Leedon Residence, located along Leedon Heights, made the top gain of $2.9 million over the week of July 6 to 13. The 4,704 sq ft unit on the seventh floor was bought for $9.6 million ($2,041 psf) in October 2017 and sold for $12.5 million ($2,657 psf) o...

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The Lincoln Residences achieves new high of $1,990 psf

The Lincoln Residences achieves new high of $1,990 psf

Posted on: Jul 24, 2021

SINGAPORE (EDGEPROP) - This week, we look at projects that have hit new highs in terms of psf, and those that have crossed new lows, based on URA Realis data for the week of July 7 to 11.The Lincoln ResidencesA project that has achieved a new high this week was The Lincoln Residences. The 99-un...

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Savills acquires interest in supply chain consultancy in Malaysia

Savills acquires interest in supply chain consultancy in Malaysia

Posted on: Jul 24, 2021

SINGAPORE (EDGEPROP) - International real estate consultancy Savills has acquired a strategic interest in Malaysian supply chain consulting business LCA. A Savills spokesperson says that this means Savills has taken an equity stake in LCA, akin to entering into a joint venture. (See also: Savil...

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GuocoLand tops bid for Lentor Central site with $1,204 psf ppr; sets new record for OCR land prices

GuocoLand tops bid for Lentor Central site with $1,204 psf ppr; sets new record for OCR land prices

Posted on: Jul 24, 2021

The tender for the Lentor Central government land sale (GLS) site closed with nine bids today. The highest bid of $784.1 million, which translates to a land rate of $1,204 psf per plot ratio (psf ppr), was submitted by GuocoLand.“If we are awarded the site, we are envisioning a new mixed-use, tran...

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Two office floors at Springleaf Tower on the market for $51.6 mil

Two office floors at Springleaf Tower on the market for $51.6 mil

Posted on: Jul 24, 2021

SINGAPORE (EDGEPROP) - Two Grade-A office floors at Springleaf Tower at 3 Anson Road have been put up for sale. The office space is on the eighth and ninth floors of the 37-storey office building, and each floor has a strata area of 10,333 sq ft. (See also: Gautam Adani, one of India’s riches...

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JLL appoints Bessie Lee as CEO for Greater China

JLL appoints Bessie Lee as CEO for Greater China

Posted on: Jul 24, 2021

SINGAPORE (EDGEPROP) - JLL has appointed Bessie Lee as CEO for Greater China. She will take up her new position from Sept 1 this year and will succeed KK Fung, who will become chairman. (See also: JLL’s Chris Archibold: CBD occupiers see light at the end of the tunnel)Lee will be based in Sha...

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Investment sales rebound across Singapore’s real estate sectors in 2Q2021

Investment sales rebound across Singapore’s real estate sectors in 2Q2021

Posted on: Jul 24, 2021

SINGAPORE (EDGEPROP) - Singapore’s residential market climbed 96.4% q-o-q to $3.1 billion in 2Q2021, on the back of strong tenders for government land sale sites and positive buying sentiment in the resale and new launch market, according to a Colliers investment report. Private land sales through...

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Delays in new project launches as Phase 2 heightened measures return

Delays in new project launches as Phase 2 heightened measures return

Posted on: Jul 22, 2021

SINGAPORE (EDGEPROP) - Market sentiment took a beating following the government announcement that Singapore will be returning to Phase 2 (Heightened Alert) from July 22 until August 18. (See also: Residential resale rebound widens price gap between new launch and resale market)The Council for E...

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Two adjoining shophouses on Keong Saik Road on sale for $30.8 mil

Two adjoining shophouses on Keong Saik Road on sale for $30.8 mil

Posted on: Jul 22, 2021

SINGAPORE (EDGEPROP) - A pair of adjoining shophouses at 83 & 85 Keong Saik Road is on the market for $30.8 million. CBRE is the sole marketing agent for the sale of the freehold properties. (See also: Three shophouses on Circular Road going for $28 mil)The three-storey conservation shophou...

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