Keppel Corporation’s (KEP) 100%-owned asset management arm, Keppel Capital Holdings (KCH), has entered into an MOU with leading Australian retail property group, Vicinity Centres (VCX), to establish a new retail-focused private fund, which intends to invest in an initial A$1b portfolio of Australian retail properties across five Australian states...
The second project to be launched after 5-Jul-18’s cooling measures, The Tre Ver, sold 140-150 units during its first weekend of launch, with average pricing of S$1,500-1,600 psf in line with our estimates and should yield a solid PBT margin of 17-22% for UOL.
UOL’s 2Q18 core PATMI of S$94.1m (-6% YoY) came in slightly below projections/consensus, which is attributed to the uneven recognition of profits from development property. We estimate that sold residential units surged 5x QoQ, to 145 units, helped by solid sales at 62%-sold Amber 45. Despite cooling measures, UOL has not...
The following is an excerpt from JP Morgan's daily property intelligence report covering key developments in the property market. HEADLINES The Competition & Consumer Commission of Singapore (CCCS) has issued a proposed infringement decision (PID) against the owners and operators of certain hotels in Singapore, in relation to the alleged discussion...
Mayfair Gardens condo at Rifle Range Road is an upcoming development slated to be launched by Oxley. The former Mayfair Gardens was purchased successfully in 2017 by Oxley Holdings for S$311 million. Located just minutes from King Albert MRT station it is also within close proximity to many top...
The Treasure at Tampines condo (former Tampines Court) is an upcoming development slated to be launched by Sim Lian Group. Located in a mature estate of Tampines, Treasure at Tampines is minutes walk to Simei MRT (East West Line) and Tampines West MRT (Downtown Line). This post will give you...
Kent Ridge Hill Residences (Vista Park enbloc) condo at South Bouna Vista Road is an upcoming development slated to be launched by Oxley Holdings. This post will give you a review of Kent Ridge Hill Residences, pricing, floor plans, site plans, showflat location and information you need to make a...
Arena Residences condo at 2 and 6 Guillemard Lane is an upcoming development slated to be launched by Roxy Pacific Holdings. This post will give you a review of Arena Residences, pricing, floor plans, site plans, showflat location and information you need to make a wise investment decision. Use the following...
Latest curbs could see developers lower prices up to 10% DEVELOPERS may trim prices of new launches by as much as 10 per cent from their earlier indications in response to the latest round of property cooling measures, with high-end homes likely to see bigger adjustments, analysts say. In downgrading their...
New M&C CEO gunning for asset-driven growth MILLENNIUM & Copthorne (M&C) will continue its core strategy of owning hotels, says the company's new group chief executive. Speaking to The Business Times days into her new role, Jennifer Fox said growth for the London-listed hotel chain will be powered by acquisitions, management...
New peak in Singapore private home prices expected by the end of 2018 IT TOOK 15 quarters of market corrections to bring private residential prices down by 11.6 per cent in the second quarter of 2017, but it may take only five to six quarters of market recovery to bring...
Parc Esta condo, the former Eunosville HUDC that underwent en bloc, near Eunos MRT is an upcoming development slated to be launched by MCL Land. This post will give you a review of the condo, pricing, floor plans, site plans, showflat location and information you need to make a wise...
The Singapore property market is increasingly becoming a 'managed' property market, in the sense that the government exerts control over prices and rents, in not allowing them to fall or rise too drastically. Generally, the government in their many press releases and public statements have continually stated they want the...
Parc Esta is an upcoming new condo at the site of the Eunosville HUDC. Located 3 mins walking time from Eunos MRT, Parc Esta is your gateway to living in a condominium that is conveniently located near Paya Lebar interchange, East Coast Park and Changi Airport.
The URA and HDB released flash estimates of property price changes for the second quarter 2018. URA reported that the private residential property price index rose to 149 from 144.1 in the previous quarter, or a 3.4% growth. (adsbygoogle...
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