New launch : Martin Modern by GuocoLand in Singapore

Martin Modern is situated on a 1.6 hectare site in District 9, and is the latest luxury residential development in the posh Robertson Quay neighbourhood. It will be the Home within a Botanic Garden in District 9 with an arboretum of native trees and vegetation, occupying 80% of the land area. The garden will have …

Ascott REIT to sell two China properties for S$198 million

Ascott Residence Trust Management Limited , as manager of Ascott Residence Trust (“Ascott REIT”), announced that Ascott REIT has through its wholly owned subsidiaries, Biyun Investments (Hong Kong) Limited and Gaoxin Investments (Hong Kong) Limited , have entered into two conditional sale and purchase agreements with an unrelated third party to divest, through the divestment …

Singapore’s URA launches two sites at Fourth Avenue and Jiak Kim Street

Singapore’s Urban Redevelopment Authority (URA) has released two sites for sale today under the 1st Half 2017 Government Land Sales (GLS) Programme. The residential site at Fourth Avenue and another residential site with commercial at 1st storey at Jiak Kim Street are made available for application under the Reserve List. Together, these two sites can potentially …

Singapore’s URA launches 3 residential sites, could yield about 2,000 residential units

  The Urban Redevelopment Authority (URA) has released three residential sites for sale under the 1st half 2017 Government Land Sales (GLS) Programme. The sites at Woodleigh Lane and Serangoon North Avenue 1 are launched for sale under the Confirmed List, while the site at Yishun Avenue 9 is available for application under the Reserve …

Singapore’s HDB launches 8,748 flats in May 2017 BTO and SBF Exercise

Singapore’s The Housing and Development Board (HDB) launched 8,748 flats for sale under the May 2017 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. They comprise 4,802 BTO units and 3,946 SBF units across 25 towns/ estates. This second BTO launch for 2017 brings the total number of BTO flats offered this year to …

Private residential property prices fall in Q1 2017 in Singapore

Prices of private residential properties decreased by 0.4 % in 1st Quarter 2017, compared with the 0.5% decline in the previous quarter in Singapore, according to the the latest data by Urban Development Authority (URA). Prices of landed properties declined by 1.8%, compared with the 0.8% increase in the previous quarter. Prices of non-landed properties remained …

GuocoLand to launch luxury residential project-Martin Modern- in second half of 2017

The GuocoLand Limited Group  unveiled preliminary details of its latest luxury residential condominium project, Martin Modern in District 9, which is targeted for launch in the second half of 2017. Martin Modern is located at the corner of Martin Place and River Valley Close, within the posh residential neighbourhood of Robertson Quay. Over 80% of …

SP Setia to acquire I&P Group from PNB and ASB for RM3.5 bln

S P Setia Berhad (S P Setia), Permodalan National Berhad (PNB) and Amanahraya Trustees Berhad (as trustee for Amanah Saham Bumiputera)(ASB) had entered into a non-binding Memorandum of Intent (MOI) to commence negotiations on the proposed acquisition by S P Setia of the entire equity interest in I&P Group Sdn. Berhad (I&P Group), which has …

Singapore’s URA to launch the tender for the Reserve List site at Stirling Road

The Urban Redevelopment Authority (URA) announced that it has accepted an application from a developer to put up the residential site at Stirling Road for sale by public tender. The land parcel was first made available for sale on the Reserve List in March 2010. URA received an application from a developer for the site …

Ultra-luxury condominium project in Singapore : Le Nouvel Ardmore

Le Nouvel Ardmore is Wing Tai’s trophy development in collaboration with Jean Nouvel, globally renowned architect and winner of the Pritzker Architecture Prize 2008 and Wolf Prize in Arts 2005. The exclusive 33-storey single-tower freehold condominium development is situated on Ardmore Road Singapore, one of Asia’s prime real estate. Comprising only 43 exclusive residences each …