In Nov 2017, Lodge 77 at Upper East Coast Road was sold for SGD29million through an enbloc sale to local developer KTC Group, and is currently being re-built into a brand new mixed use development. Named [email protected] Coast, residents can look forward to...
AFTER putting it on the backburner, Keppel Land may finally be going ahead to redevelop its office asset in Hoe Chiang Road. The property comprises two towers - Keppel Towers and Keppel Towers 2 - that have been been vacated. Completed...
BUSINESSES that apply to defer payments for their secured property loans, as well as property owners doing so for residential mortgages, will not be subject to the total debt servicing ratio (TDSR), the Monetary Authority of Singapore (MAS) said on Tuesday. Businesses that have...
THE high merchant fees charged by food delivery platforms are under scrutiny amid the Covid-19 outbreak, in a reckoning that may be overdue. The big question now is if these apps have fallen short on delivering productivity gains that translate to cost savings. With...
Popular Bookstore announced on March 18, 2020, the closure of all its 16 bookstores after 40 years of operation in HK. This is the first mass-retail chain closure in 2020, after mid- to high-end fashion retailer J Crew and Aland closed all their...
Singapore hotel occupancy was 51% in February, bringing RevPAR declines for the month to 41%. Performance is likely to deteriorate further as occupancies have since fallen to 20%. Worst even months expected in Mar/Apr. On...
A SPECIAL committee of directors has been set up with a focus on "safeguarding value for and protecting the interests of" Eagle Hospitality Trust's (EHT) stapled security holders. The five-member committee comprises all of EHT's independent directors and the managers' chief executive officer. They...
Peak Residence is an upcoming freehold residential development situated at Thomson Road. It is the former Peak Court, and was sold through collective sale for S$118.88 million to Rich Capital Holdings and Tuan Sing Holdings. Its central location provides ease of travel along...
A lot of ink and blood has been shed by analysts, commentators and talking heads etc. about the crash in the stock market. Singapore REITs have also taken the brunt of the hit, with prices of many REITs falling significantly over the last couple...
Midtown Modern is an upcoming new condo at Tan Quee Lan Street, located on top of Bugis MRT. It is slated as mixed use development located at a hip, urban and trendy area in Bugis. It was won on 5 September 2019...
SINGAPORE (Mar 3): As investors grapple with the possibility that the Covid-19 outbreak may be more prolonged than initially expected, this may just be the right time to cash in on Singapore REITs (S-REITs). Although highly sought after for their yields and stability, S-REITs have not been...
Cyber-security label for smart home devices A cyber-security label similar to the energy-efficiency labels on home appliances will be rolled out to help buyers of smart devices better judge how exposed they are to cyber risks. This label will be stuck on Wi-Fi...
Aerial view of Former Katong Park Towers In 2018, Katong Park Towers was sold to Singapore-listed developers Bukit Sembawang Estates. An exclusive new condo will be built in its place. Located at a posh area in the east, the new...
ACJC, one of Singapore's Top JCs Residents at One North Gateway condo can also indulge in a variety of retail therapy/hang out options not commonly found in other parts of Singapore. Nearby supermarkets at The Star Vista, Holland Village...
Property News 27 Feb 2020Brought to you by PropertyInvestSG CBRE appointed leasing agent for upcoming Nanjing data centre CBRE has been appointed as the sole leasing agent for an upcoming two-storey data centre in China. The facility is named NKG2, and is in the...