Mapletree Commercial Trust (MCT) is proposing to buy a business park in Pasir Panjang at an agreed property value of S$1.55 billion from Heliconia Realty, a direct wholly-owned subsidiary of Mapletree Investments, MCT’s sponsor.
CITY Developments Limited (CDL) on Wednesday morning unveiled the revamped Republic Plaza, its flagship property in Raffles Place, following an extensive S$70 million asset enhancement initiative (AEI) which started in April 2018.
DURING the weekend before last, four new private residential projects were put on the market and all of them had posted relatively tepid sales, ranging from five units for Cuscaden Reserve to 21 units at Meyer Mansion.
A ROW of six adjoining shophouses in Tanjong Pagar have been launched for sale, either individually or collectively, via an expression of interest exercise, joint marketing agents Colliers International and Jones Lang Lasalle Singapore (JLL) said on Tuesday.
Sales of Singapore apartments worth at least $10 million each have hit an 11-year high, fuelled by increased demand from Chinese millionaires seeking safe-haven assets, said property consultancy OrangeTee & Tie.
THE eight Singapore-listed stocks under the enlarged CapitaLand group generated higher average returns than their regional and global peers in the year to date (YTD), while also significantly outpacing broader benchmarks, the Singapore Exchange (SGX) said on Thursday.
Pincus-backed ARA Asset Management, one of the largest Asian real estate fund managers, is exploring a dual stock market listing, including one in Singapore, in the next two to three years, group CEO and co-founder John Lim said.
Most people assume it is, since it’s something that’s been going on for over a decade. The idea is that one co-owner (most often a spouse) owns 99 per cent of the property, whilst another owns just one per cent. Later, when the funds exist for each one to own a separate property, the owner […]
The post So Is The 99-1 Property Split Strategy Legal Or Not? first appeared on TheFinance.sg.
This week, the Singapore government brought back something familiar—a tougher Seller’s Stamp Duty (SSD). If you sell a private property within four years of buying it, you could now pay up to 16% in SSD, depending on how soon you sell. That’s up from the previous three-year window and 12% maximum. These changes apply to all private residential properties […]
The post New SSD, Old Mistake: Don’t Let a Condo Become Your Retirement Plan first appeared on TheFinance.sg.
Microplastics have permeated the region’s food chain, hitting countries like Indonesia and the Philippines the hardest. The programme Insight looks at the health risks and what is being done to boot plastic from our plates.
The BRICS leaders voiced "serious concerns about the rise of unilateral tariff and non-tariff measures," warning they are illegal and arbitrary, according to a final summit statement.
The project will consolidate Palletways’ operations and create space for future growth.
The post Prologis to build new Staffordshire HQ for Palletways UK appeared first on Property Week.
The Ministry of Housing has today (4 July) set out new reforms to give leaseholders’ stronger rights to challenge “extortionate” service charges.
The post Leaseholders to receive stronger rights to challenge service charges under new reforms appeared first on Property Week.