GuocoLand's Beach Road integrated project adds to area's revamp Business Times, 26 November 2018 GuocoLand announced on Sun the groundbreaking of its integrated project on Beach Road - a project which, when completed in mid-2022, will add to the rejuvenation of the nearly 2 km stretch of road. Guoco Midtown will...
Singapore’s 3Q18 GDP grew at a slower 2.2% pace, below economists’ expectations of 2.4%, as the manufacturing and services sectors disappointed. The growth figure was also revised downwards from advance estimates of 2.6% and was lower than the 4.1% growth in 2Q18. Manufacturing grew 3.5% in 3Q18, moderating from 10.7%...
According to PERE, JPMorgan Asset Management will be welcoming foreign investors for the first time in its flagship real estate fund, the JP Morgan Strategic Property Fund (SPF). SPF currently has a net asset value of approximately $33b and gross asset value of approximately $43b. (adsbygoogle...
In the 2018 institutional real estate allocations monitor by Hodes Weill Associates, target allocations to real estate in institutional portfolios continue climbing in 2018. Rising from 8.9% of a weighted allocation in investors' portfolio, the 2018 figure is now 10.4%, suggesting an increasing attractiveness of the real estate asset class...
In this blog series, we invite real estate industry professionals to share their personal experiences. Names and identifying details have been changed to protect the privacy of individuals. In December 2017, I received an enquiry from a client by the name of Claire. She and her husband had just met their...
As of October 2018, there have been 4 executive condo (EC) plots which have been announced on government land sales (GLS) tender. 3 of them have already been sold, while Tampines Ave 10 plot will close their tender in November 2018. Launching in 2019: Sumang Walk EC Project name New EC at...
Background The top bid of S$509.37 million for the Sumang Walk EC site was won by City Development (CDL) and TID Residential. This works out to a record S$583 per square foot per plot ratio, which translates to a selling price of above S$1,000 per square foot. Launching in 2019, it...
In this blog series, we invite real estate industry professionals to share their personal experiences. Names and identifying details have been changed to protect the privacy of individuals. As a real estate agent, I face different client scenarios daily. I had a client by the name of Ms C, who...
Frasers Property closes €285M European deal for 22-asset portfolio Frasers Property Ltd. completed the acquisition of a 94% stake in AI Gewerbepark Tamm GmbH, marking the closing of a €285.2 million deal signed in February for a portfolio of properties in Germany and Austria. The first phase of the acquisition closed...
The Ramford at Rambai Road, located in Marine Parade is an upcoming freehold development slated to be launched by Centra Holdings. It is designed classically english, and the architecture is inspired after London Mews houses. This post will give you a review of The Ramford, pricing, floor plans, site plans,...
Fourth Avenue Residences is an upcoming condo project at the heart of Bukit Timah, developed by leading Singapore property developer Allgreen Properties. Its location is highly sought after as it is located right next to Sixth Avenue MRT station of the Downtown MRT Line. It is in the vicinity...
Capitaland and Ascott CapitaLand (CAPL) acquires US$835m (S$1.14b) US multi-family portfolio of 3,787 multifamily apartments (average price: US$220,000/unit) across suburban communities in Seattle, Portland, Greater Los Angeles and Denver. The acquisition is in-line with CAPL’s strategy to diversify outside Singapore and China to developed markets and to grow new businesses. CAPL...
10 Evelyn is an upcoming attractive boutique 5 stories condominium at Newton with a site area of 2,814 meter square of land and an estimated total of 56 units of 1,2 and 3 bedrooms. It is located in the prestigious area of District 11 along Evelyn Road, just off...
Uptown at Farrer, located along Perumal Road is a mixed development slated to be launched by Low Kheng Huat. The developer had won the site via an aggressive land sale bidding in the first quarter of 2017 at S$174.08 million, translating to S$1,000.71 per square foot per plot ratio...
Dasin Retail Trust, a China retail focused real estate trust, recently held an investor presentation for clients of Phillip Capital. Here are the key takeaways from the presentation. Geographic focus Dasin Retail Trust's focus is on the Guangdong-Hong Kong-Macau Great Bay Area. According to the REIT manager, this bay area is comparable to...
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