Twenty Anson sold for $516m in biggest office property deal this year

The 20-storey Twenty Anson in Tanjong Pagar is believed to have been bought by a foreign private equity fund from CapitaLand Commercial Trust.PHOTO: CAPITALAND COMMERCIAL TRUST CapitaLand Commercial Trust (CCT) is selling Twenty Anson, a 20-storey office building in Tanjong Pagar, for $516 million in the largest office real estate deal so far this year. … Continue reading Twenty Anson sold for $516m in biggest office property deal this year

Far East bags coveted Holland site for S$1.2b

A CONSORTIUM led by property giant Far East Organization, which has clinched a coveted commercial and residential site in Holland Road, is planning a development with apartments for sale, dual office/residential use units, offices, retail space and serviced residences on the site. Far East Organization executive director of property services Augustine Tan, on behalf of … Continue reading Far East bags coveted Holland site for S$1.2b

Singapore’s old shophouses a promising haven for investment

Good shophouse deals are hard to find and those that are partly residential are not available to foreigners. But last year saw 148 transactions, topping $1 billion, a 40 per cent jump over 2016, according to CBRE's analysis.ST PHOTO: KELVIN CHNG As a hiding place from US President Donald Trump's trade war against China, a … Continue reading Singapore’s old shophouses a promising haven for investment

Local tie-up snaps up Sembawang mall for $248m

  A joint venture comprising two local business groups is buying Sembawang Shopping Centre from CapitaLand Mall Trust (CMT) for $248 million - almost the double the complex's latest valuation. Lian Beng-Apricot Sembawang, as the venture is called, is a 50:50 partnership between construction firm Lian Beng Group and Apricot Capital, the private investment firm … Continue reading Local tie-up snaps up Sembawang mall for $248m

Marina One, Duo set to make big impact on property scene

The two eye-catching developments that have been built on sites that were part of a landmark pact between Singapore and Malaysia look poised to make a major impact on the commercial and residential property markets. Blue-chip tenants, including Facebook and Prudential, have already signed up for office space at the integrated developments, while many of … Continue reading Marina One, Duo set to make big impact on property scene

GuocoLand joint venture wins Beach Rd site bid; promises ‘futuristic’ mixed development

A 70:30 joint venture between GuocoLand and Guoco Group has been awarded a 99-year leasehold commercial site at Beach Road, Singapore's Urban Redevelopment Authority (URA) announced on Tuesday. The consortium had submitted the highest bid of S$1.622 billion during the tender, reflecting S$1,706 per square foot per plot ratio (psf ppr). In a statement, GuocoLand … Continue reading GuocoLand joint venture wins Beach Rd site bid; promises ‘futuristic’ mixed development