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April 2008
Singapore Reits: Back to Reality Print E-mail
Reality has finally caught up with Singapore’s Real Estate Investment Trusts (Reits).
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Slowdown but no reversal for the Singapore market Print E-mail
The crowds of potential purchasers at show flats have dwindled to a handful of people, most developers who launched projects in the last quarter of 2007 still have many units on their hands and new launches are few and far in between.
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Lion City host’s ’Chicago Spire’ launch Print E-mail
Singapore was chosen as the venue for the Asian launch of the world’s largest residential building, The Chicago Spire, which took place last month.
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Developers secure record profits Print E-mail
Singapore’s strong economy, increasing rental rates and high occupancy rates have spelled record profits for two of the city’s main developers.
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EFG Bank grabs RB Capital offices Print E-mail
Property investment firm RB Capital has signed on EFG Bank, the third largest Swiss private banking group, as anchor tenant for its high-grade office development set to stand opposite Singapore’s Parliament House.
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Pacific Star pre-launches Eight Thonglor in Singapore Print E-mail
Asian real estate investment company Pacific Star has just pre-launched its new Bangkok condominium offering, Eight Thonglor Residences, in Singapore.
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JL Property Group steps up a gear in Singapore Print E-mail
Property investment company the JL Property Group has announced that it is to host a range weekly educational seminars from its new Singapore office and has revealed plans to open a number of new offices around Asia and beyond in what is seen as a major increase in its operations in the Lion City and beyond.
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Work kicks off on Martin Place Print E-mail
Work has just got underway on the 302-unit, twin-tower Martin Place Residences development, which on completion will occupy a location within minutes of both Orchard Road and the Robertson/Clarke Quay area of the Singapore River.
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KFHM opts out of Singapore bulk buy Print E-mail
KFHMB, the Malaysian unit of Kuwait Finance House (KFH), has failed to exercise an option on a bulk purchase of 97 four-bedroom units in a high-grade Singapore condominium development which would have been worth an estimated S$818.4 million, or around S$3,200 per sq ft.
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