News - 1826

I have news from the property markets here for my clients to keep current on the pulse of the property market.

Evergrande's staunchest allies drop out as Chinese property developer's creditworthiness deteriorates amid debt woes

Evergrande's staunchest allies drop out as Chinese property developer's creditworthiness deteriorates amid debt woes

Posted on: Sep 24, 2021

Joseph Lau Luen-hung (right) and his wife Chan Hoi-wan (left) during the funeral service of the real estate tycoon Walter Kwok Ping-sheung held at St. John’s Cathedral in Hong Kong on 1 November 2018. Photo: Felix Wong.Two of the property magnate Hui Ka-yan's staunchest allies appear to be bailing...

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Loft68 in Geylang going for collective sale from $14.85 mil

Loft68 in Geylang going for collective sale from $14.85 mil

Posted on: Sep 24, 2021

The asking price translates to a land rate of $949 psf per plot ratio. (Picture: Mount Everest Properties)SINGAPORE (EDGEPROP) - A freehold building at 6 & 8 Lorong 19 Geylang has been put up for collective sale with an asking price of $14.85 million. Mount Everest Properties is the marketing ag...

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Mapletree closes US$552 mil maiden US office fund

Mapletree closes US$552 mil maiden US office fund

Posted on: Sep 24, 2021

Uptown Station, located in the heart of downtown Oakland, California, is a historic eight-storey building that was fully refurbished in 2019. (Picture: Mapletree Investments)SINGAPORE (EDGEPROP) - Mapletree Investments has closed its maiden US office fund, Mapletree US Income Commercial Trust (MUSIC...

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Frasers Property prices $200 mil notes with 3% p.a. coupon

Frasers Property prices $200 mil notes with 3% p.a. coupon

Posted on: Sep 24, 2021

Frasers Property is targeting a 6 Star Green Star Communities rating for Midtown MacPark, its residential development in Sydney, Australia, with a vision for the community to be carbon neutral in operationFrasers Property AHL Limited, the wholly-owned subsidiary of Frasers Property Limited, had...

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999 year Jalan Besar shophouse selling for $5.9 mil

999-year Jalan Besar shophouse selling for $5.9 mil

Posted on: Sep 24, 2021

As a non-conservation shophouse the property benefits from the flexibility to configure the space to suit a range of commercial uses.SINGAPORE (EDGEPROP) - A 999-year non-conservation shophouse at 284 Jalan Besar is on the market for $5.9 million. The property will be sold in an expression of intere...

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Apartments in Reading, UK, launch for sale in Singapore

Apartments in Reading, UK, launch for sale in Singapore

Posted on: Sep 24, 2021

No.6 at Bankside Gardens comprises 84 one-and-two bedroom apartments (Credit: St Edward)SINGAPORE (EDGEPROP) - Called No.6, the latest collection of apartments at Bankside Gardens in Reading, Berkshire, in the UK, is set to be launched for sale in Singapore on Sept 25 and 26.Read also: St Edwar...

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St Martin’s Apartment achieves new high of $2,328 psf

St Martin’s Apartment achieves new high of $2,328 psf

Posted on: Sep 24, 2021

SINGAPORE (EDGEPROP) - In this column, we look at condominium projects that have achieved new highs in terms of psf prices and those that have seen new lows. This is based on URA Realis data for the period of Sept 6 to 12.Read also: Dunearn 386 achieves new high of $2,608 psfHighest psf prices ...

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FEO’s Lucky Pinnacle pays $39.33 mil for People’s Park Complex carpark

FEO’s Lucky Pinnacle pays $39.33 mil for People’s Park Complex carpark

Posted on: Sep 21, 2021

Restaurant unit on the sixth floor of the multi-storey carpark at People's Park Complex (Photo: Brilliance Capital)SINGAPORE (EDGEPROP) - Lucky Pinnacle, an entity of the Ng family-controlled property giant, Far East Organization, has purchased the multi-storey carpark and restaurant unit at People...

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Kheng Leong buys 21 Anderson en bloc for $213 mil from Far East Consortium

Kheng Leong buys 21 Anderson en bloc for $213 mil from Far East Consortium

Posted on: Sep 21, 2021

21 Anderson is a 34-unit, 10-storey, freehold residential block on Anderson Road in prime District 10 (Photo: Samuel Isaac Chua/EdgeProp Singapore)SINGAPORE (EDGEPROP) - Hong Kong-listed Far East Consortium International controlled by the Chiu family, announced on Sept 17 that it has signed a sale a...

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