Category Archives: News

Pacific Mansion sold en bloc for $980m in second-highest deal

Original Article from Straits Times.Singapore property Entities controlled by Singapore property tycoon Kwek Leng Beng and his Malaysian billionaire cousin Quek Leng Chan have joined forces for the $980 million purchase of a freehold site in Singapore’s upscale River Valley precinct. Their acquisition of Pacific Mansion in District 9 marks the biggest collective sale in […]

FEC Properties takes Hollandia in collective sale at S$1,703 psf ppr!

The Singapore enbloc fever rages on! FEC Properties, an indirect wholly-owned subsidiary of Hong Kong-listed Far East Consortium International, has secured a collective sale site in Singapore’s Holland Road in District 10 for S$183.38 million.

2017 developers’ sales hit 4-year high; momentum expected to continue

14,707 units sold last year beat 2016 total by 23 per cent; market recovery and steady pipeline of launches seen supporting 2018 buying. Original article from publiched on 16th Jan 2018 by Lynette Khoo.  REFLECTING the upbeat sentiment in the property market, developers’ sales of private homes and executive condominiums (ECs) were the highest […]

Former Zouk site at Jiak Kim Street gets bid of S$955.4m for development

Original article from Channel News Asia published on 5th Dec 2017. Tenders for two residential land parcels at Jiak Kim Street and Fourth Avenue closed on Tuesday (Dec 5), with the former receiving a top bid of S$955.4 million and the latter drawing a top bid of S$552.96 million, according to the Urban Redevelopment Authority (URA). The land parcel […]

As MAS sounds warning, will property stocks get hit?

Original Article By Goola Warden / The Edge Singapore | December 4, 2017 9:00 AM MYT Property stocks have been on a tear this year, lifted by low starting valuations and growing signs that a recovery in the property market was unfolding. And, boosting their landbanks through en bloc deals was viewed positively by the […]

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