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News: $36m? Not a problem!

$36m? Not a problem!
More Chinese nationals buying expensive Singapore property

19 June 2010 | Strait Times
WHEN real estate agent Jasmine Png told her Chinese national client that the Sentosa Cove property he was eyeing was about $15 million, he did a double take.

He asked her to repeat the amount. ‘Then he asked if it was haunted because he thought it was too cheap!’ said Ms Png, before pointing out that most high net worth Chinese nationals feel the same – that Sentosa Cove properties are great value for money.

News: Punggol residential site goes to top joint-bidders at S$223.7m

Punggol residential site goes to top joint-bidders at S$223.7m

17 June 2010 | Channel News Asia

SINGAPORE : The Housing and Development Board (HDB) has awarded a residential site at Punggol Field/Punggol Road to the highest joint-bidders.

News: Collective sale of Tanglin Shopping Centre?

Collective sale of Tanglin Shopping Centre?
Orchard Road mall could fetch up to $580 million, say market analysts

SINGAPORE – The en bloc fever in the residential property market has now moved into the commercial property space as owners of such properties jump onto the bandwagon too.

City Development’s hotel arm Millennium and Copthorne (M&C) Hotels yesterday announced its subsidiary has signed a collective sales agreement to put Tanglin Shopping Centre up for sale.

News: Property market cools as 1,078 new homes sold in May

Property market cools as 1,078 new homes sold in May
15 June 2010 | Channel News Asia

SINGAPORE: Singapore’s property market cooled significantly in May with just 1,078 units of new private homes sold. The number is about 50 per cent lower than that in April.

The star performer in May was a mass market project The Minton in Hougang, with 204 units snapped up at a median price of S$849 per square foot.

News: SDB eyes Singapore’s premium property market

SDB eyes Singapore’s premium property market

12 June 2010 | The Star Online

SELANGOR Dredging Bhd’s (SDB) property arm, SDB Properties Sdn Bhd is riding high in Singapore, eyeing the premium property market there.

After the launch of its first residential project in 2007 called Jia, a 22-unit seven-storey apartment block, SDB is moving forward with its second property development, Gilstead Two at Gilstead Road near Newton MRT station.