Residential Property
UIC’s revenue plunges 54% to S$235.7m
While its net profit rose 23% to S$136.7 million.
SingLand's revenue jumps 21% to S$173.7m
CIMB says new sales and higher recognition of The Trizon boosted profit.
CapitaLand eyes more investment in Singapore
CapitaLand expects to invest more than S$6 billion or $4.95 billion this year, mainly in Singapore.
CapitaLand’s S$399m net profit within analyst’s expectations
Net income for 2Q11 was boosted by net revaluation gains of S$228m.
Grand Tower sold for S$88.5 million
27MR Pte Ltd bought the development which comprises of 28 apartments with an area of about 1,873 sq ft each.
Redevelopment site at 693 Geylang Road up for sale
The tender will close on September 6 at 3PM, so be quick.
MCL Land sold half of Uber 388 in less than a week
But good news for potential buyers as the 95-unit development at Upper East Coast Road remains discounted at preview price of around $1,380 psf on...
Ascott to acquire Somerset Central in Vietnam for US$9.45 million
Ascott will also open Somerset Danang Bay and Somerset Saigon Ho Chi Minh City by 2014.
Wheelock Properties' revenues slump 62% to $67.6m
But Scotts Square continued to see increasing take up rate to 73%.
CBRE revenues up 21% to a whopping $1.4 billion
In Asia Pac alone, revenues also rose 19% to $188.5 million in Q2 2011.
34% of Singaporeans won’t buy properties due to high prices
And 73% of HDB seekers are willing to wait 2 to 3 years to purchase property.
Ascott Reit gets go-ahead to redevelop Somerset Grand Cairnhill
URA permitted the Ascott Reit to turn the property into an integrated hotel and residential site.
Two new private condos worth as low as $600K+ each preview this week
Show flats for SJ Capital’s Jool Suites at Farrer Park and MCL Land’s Uber 388 at Upper East Coast Road will be ready on Thursday (July 28) and...
CapitaLand appoints Moshe Safdie as lead designer for Bishan Central condo
The new residential development will have approximately 540 units designed for cosmopolitan living.
Five Chancery nears completion but only 6 out of the 12 detached units were sold so far in a year
The slow take up could be due to the following: "[The negative points are] it is strata title, in an already heavily traffic congested area and too...
Savills acquires 51% stake in CKH Strata Management
SavillsCKH will operate with an additional 300 staff, servicing close to 30,000 apartments, and other assets.
HDB's resale price index grows 3.1% in 2Q11
PropNex blames the lower 60% Loan-To-Value ratio for the supply crunch.
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