Property heavyweights from Singapore, Hong Kong and China dominated the Lion City’s final land sale of 2023 with top bids for a trio of sites amounting to a combined S$2.3 billion ($1.7 billion), led by a stronger-than-expected offer from a… Read More>>
Luxury Site in Singapore’s Orchard Area Could Sell for 37% Off 2018 Prices
Singapore’s cooling property market may be denting demand even for sites in some of the city’s most exclusive districts, with analysts predicting that a newly launched project in the Orchard Road area could sell for up to 37 percent below… Read More>>
China SCE Seeks Offshore Debt Restructuring and More Asia Real Estate Headlines
Another major mainland developer is going to offshore bond investors to ask for a restructuring of its payment obligations, with that story leading today’s set of real estate headlines from around Asia. Also in the news, Hong Kong slashes land… Read More>>
GuocoLand, CDL Enter Top Bids for Lentor Central, Champions Way URA Sites
Property heavyweights GuocoLand and City Developments Ltd submitted the highest bids for two separate northern Singapore projects as the Urban Redevelopment Authority closed the tender for the sites on Tuesday.
For the 1.47 hectare (3.63 acre) site at Lentor Central,… Read More>>
Singapore’s URA Launches Tender for Toa Payoh Site Yielding 775 Homes
Singapore’s Urban Redevelopment Authority on Tuesday released a residential site for sale in the Toa Payoh neighbourhood of the city-state’s central region, as officials continue to roll out plots under the Government Land Sales Programme.
The tender for the 1.57… Read More>>
URA Launches Pair of Western Singapore GLS Sites to Supply 1,065 Homes
Singapore’s Urban Redevelopment Authority on Tuesday released two residential sites for sale in the city-state’s western region as officials aim to ramp up housing supply under the Government Land Sales Programme.
The plots at Clementi Avenue 1 and Pine Grove… Read More>>
CapitaLand JV With UOL, SingLand Wins Tampines Mixed-Use Site for $900M
CapitaLand has teamed up with UOL and its Singapore Land unit to win a mixed-use plot in northeastern Singapore’s Tampines area with a winning bid of S$1.2 billion ($900 million), the Housing and Development Board announced Tuesday.
The 50:50 JV… Read More>>
Developers Tread Gently Into Singapore Land Sales and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s latest land tenders draw cautious bids — including a lowball offer by a company linked to Li Ka-shing’s CK Asset Holdings — and mainland giant Dalian Wanda reportedly rustles up enough cash… Read More>>
Singapore Assisted Living Tender Draws Four Bids and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the tender for a private assisted living project in Singapore’s Kovan neighbourhood attracts meagre interest, and China’s Agile Group warns of an eye-popping 2022 loss.
URA Tender Draws Four Bids… Read More>>
Singapore Releases New Residential Sites as Housing Market Stays Hot
The Singapore government on Tuesday released two residential development sites capable of delivering a total of 1,540 private homes, as officials look to boost housing supply in a city-state reeling from runaway housing prices.
In a set of coordinated moves,… Read More>>