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Singapore’s real estate scene has changed noticeably in recent years as more young people choose private condominiums as their first homes. Senior director of data analytics at Huttons Asia Lee Sze Teck notes that, compared to 20% five years ago, almost thirty% of new private house buyers are now 35 or younger. The attraction of […]

GuocoLand has lately obtained a significant green club facility of $847.1 million to support its ambitious project along Upper Thomson Road, in a bold step towards sustainable urban development. This financial benchmark signals a major change in Singapore’s developing real estate scene and highlights the company’s dedication to environmentally responsible building. Born out of a

Released its second quarter of 2024 earnings report, Hilton Worldwide Holdings Inc. shows modest increase in the Asia Pacific (APAC) area among efforts at worldwide expansion. Strong performance in Japan, India, and Southeast Asia helped APAC’s Hilton announce a 0.9% year-over-year RevPAR (Revenue Per Available Room) increase. Rising intra-regional travel and domestic tourism helped Alan

Celebrating exceptional real estate market performance at their fifth annual SG Real Estate Agents Excellence Awards on August 16, 2024, the Singapore Estate Agents Association (SEAA) Held at Marina Bay Sands, the event acknowledged 525 local agents in several categories. Graced the ceremony was Associate Professor Muhammad Faishal Ibrahim, Minister of State for National Development

A Knight Frank analysis indicates that the stratum retail sector slumped significantly in the first half of 2024. While transaction volume dropped by 10.9% to 131 deals, total transaction value fell 32.1% from $317.2 million in the previous half-year. Average price of $2,190 psf dropped 20.1% alongside this fall. Most transactions took place at lesser

Set to go under the hammer later this month is a beautiful residential property in Singapore’s elite Robertson Quay district. Part of a mortgagee sale, SRI will be selling a two-bedroom flat at Up@ Robertson Quay for $1.58 million on 28 August. Priced at $2,098 per square foot, the 753 square foot (70 square metre)

With The Arris leading the field, numerous properties in a noteworthy week for Singapore’s condominium market from July 26 to 30 set record-breaking per- square- foot (psf) pricing. When a 990 square foot, two-bedroom apartment sold for $2.38 million, this freehold boutique condo in District 2 raised a new bar of $2,398 psf. Having bought

Plans for Meyer Blue, the newest residential complex by UOL Group, to open in September 2024 On a 96,671 square foot site, the freehold project on Meyer Road close to Katong Park MRT Station will have 226 units. UOL owns 80% of the project; Singapore Land (SingLand) owns the other 20%. UOL showed a net

JLL Research Says Edge IT Infrastructure Market Set to Soar Based on a recent projection by real estate consultancy company JLL, the market value for edge IT infrastructure and data centres is expected to rise to $317 billion by 2026, more than double from $153 billion in 2020. Strategically placed closer to data sources and

With a target price of $57.1 million, three strata office spaces in Suntec Tower 1 have been put for sale. Two more units on level 16 and the whole 38th floor make up the collection. With a suggested price of $33.8 million, the about 10,097 square foot 38th floor apartment translates to roughly $3,350 psf.