Read also: Evergrande tries to raise funds through asset sales as payment buys more time The guide price for Tanjong Pagar’s three-storey shophouse is $8.9 million. It is located at 57 Duxton Road. The shophouse is situated on approximately 1,144 square feet of land, with an estimated built-up of 3,407 square feet. The property is […]
Read recommended article: Ritz-Carlton Residences became the Highest Profitable Resale Transaction Noel Neo has been appointed head of Singapore’s mid-markets by JLL Hotels & Hospitality Group on Nov 8, in an effort to provide better service to clients who are looking to expand their investments in this sector. Neo will be responsible for the investment […]
Read related article: Strong demand in the life sciences for Lendlease’s Justin Gabbani Courts (Singapore), which is a wholly owned subsidiary of the Nojima Corporation will officially open its flagship Courts Nojima store at Orchard Road, on Nov 6. The store’s Nov 6 opening is ahead of its previously announced timeline for the first quarter […]
Read also: Watten Estate Condominium en bloc jointly purchased by UOL and Singapore Land for $550.8 mil City Developments (CDL), has been awarded the 2021 Terra Carta Seal by Prince of Wales via his Sustainable Markets Initiative on Nov 3. CDL was the only Singapore-based company among 45 global companies to receive the seal. This […]
Read also: Commercial liquid treatment works settlement as Koh Brothers Eco secures $200.7m offer This year, Singapore’s star performer in the housing market has been HDB public flats. Here, four out of five Singaporeans live in HDB housing flats. Of those, 90% own their homes. The HDB resale prices index saw a 2.9% increase in […]
Read more: Oakwood Grove Detached three-storey house for sale at a price of $4.4 mil In the past ten years, Canberra has seen a lot of change. This estate, located between Sembawang in northern Singapore and Yishun in the north, has seen a steady development with more private and public housing projects popping up in […]
Read also: The 40-unit development by Tiong Lee Seng re-launched for collective sale at $148 mil China asked companies to pay their offshore bonds and Hui Ka Yan , founder of China Evergrande Group, requested that he use his personal wealth to solve the company’s debt crisis. After a meeting with key industry players, the […]
China Evergrande Group bondholders were paid an interest payment just before the grace period expired. This buys more time for the debt-stricken property owner as it attempts to raise cash via asset sales. According to sources familiar with the matter, certain holders of the 9.5% dollar note due in 2024 received notification that they were […]
The most profitable resale transaction in the week of October 12-19 was the sale of a 4,057 square foot, four-bedroom unit at the Ritz Carlton Residences. On Oct 15, the 31st floor unit was purchased for $15 million (or $4907 per square foot). In January 2018, the unit was purchased for $11.48million ($3,755 per square […]
Justin Gabbani has had a busy four-months since he assumed the role of Lendlease Asia CEO in June. Tony Lombardo (his predecessor) has been appointed global CEO of Lendlease, a listed Australian property company with a market cap of A$7.5 million ($7.5 billion). Lombardo moved to Sydney’s global headquarters in April and began a seven-week […]