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Knight Frank recently announced the appointment of Vivian Liao as the head of global portfolio solutions for Asia Pacific (Apac). She will be leading Knight Frank’s global portfolio solutions service in the region, with a focus on providing value-driven solutions to improve portfolio performance and support long-term real estate goals for corporate clients. According to the firm’s press release, Liao’s appointment reflects Knight Frank’s dedication to building a strong team and delivering comprehensive solutions for clients with complex real estate needs in Apac.

Singapore’s urban environment is characterized by towering skyscrapers and state-of-the-art facilities. A popular choice among locals and foreigners alike, condos can be found in prime locations and offer a perfect balance of opulence and convenience. With a myriad of perks including access to swimming pools, gyms, and top-notch security services, these residential complexes provide residents with an elevated lifestyle and are highly sought-after by potential …

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Investing in a condo in Singapore offers numerous benefits, and one of the most notable is the potential for capital appreciation. This city-state boasts a prime location as a global business hub and boasts strong economic fundamentals, which leads to a continuous demand for real estate. As a result, property prices in Singapore have exhibited a consistent upward trend, and condos situated in desirable locations have seen significant appreciation over the years. Savvy investors who enter the market at the right time and hold onto their properties for the long term have the opportunity to reap substantial capital gains.

Singapore Shopping Centre, a mixed-use development located at 190 Clemenceau Avenue, is now up for collective sale with a price tag of $200 million. The seven-storey building is strategically situated opposite the Dhoby Ghaut MRT Interchange and near Orchard Road.

This asking price is lower than the …

CapitaLand Ascendas REIT (CLAR) has announced its plan to sell five of its industrial and logistics properties for a total of $329 million, which represents a 6% premium over their market value. CBRE acted as the broker for this deal.

This price also marks a significant 20% premium over the initial purchase price of $274.2 million for these properties. The buyers are independent third parties, and the properties in question are located at 31 Ubi Road 1, 9 Changi South Street 3, 10 Toh Guan Road, 19 & 21 Pandan Avenue, as well as 30 Tampines Industrial Avenue 3.

These divestments are in line with CLAR’s proactive strategy to recycle its capital, enhance the quality of its portfolio, and maximize returns for its unitholders. The net proceeds from this sale, estimated to be around $313.1 million, can be used to fund committed investments, pay off debts, extend loans to subsidiaries, …

Joint developers GuocoLand and Hong Leong have successfully sold 92% of the available units at Springleaf Residence within the first two days of launch, from August 15 to 16. Out of the 941 units, 870 were snapped up at an average price of $2,175 per square foot.

The project was particularly popular among buyers looking for two-bedroom units, with almost all of the 340 units in the five 25-storey towers being sold. The 384 three-bedroom units and 138 four-bedroom units were also highly sought after, with sales of 95% and 138 units respectively. Additionally, 45% of the 71 five-bedroom units were also sold.

According to GuocoLand, the strong demand for Springleaf Residence reflects the market’s confidence in the growth potential of the Springleaf area. This is in line with the Urban Redevelopment Authority’s vision for the area, which aims to develop a vibrant neighborhood that seamlessly blends urban living with …

Hilton and Ayala Land Hospitality have joined forces to launch the highly anticipated opening of Canopy by Hilton Makati, marking the first property under this stylish lifestyle hotel brand in the Philippines. The towering 24-storey hotel, strategically situated next to the One Ayala development in the bustling city of Makati, is scheduled to welcome guests in the coming year.

Set to offer a total of 400 well-appointed rooms and suites, Canopy by Hilton Makati aims to provide a refreshing and modern stay experience for its guests. Along with comfortable accommodations, the hotel will spoil visitors with a variety of top-notch amenities, including a destination restaurant, a rooftop bar showcasing stunning skyline views, and a hidden speakeasy for those looking for a unique night out.

Guests will also have access to a beautiful pool deck, a fully-equipped gym featuring various group classes, and meeting spaces suitable for hosting weddings and celebrations. …

The corner shophouse located at 247 and 249 Joo Chiat Place in District 15 has recently been sold for an impressive $8.55 million. The deal, which was brokered by ETC, was made after the property attracted strong interest from investors and F&B operators during an expression of interest exercise. The closing of the deal on June 26 saw multiple competitive bids being made, leading to a final price of $2,902 psf based on the property’s floor area.

The freehold shophouse is currently occupied by Eng Seng Restaurant, a well-known seafood eatery that has been in business for decades and is especially famous for its black pepper crab. However, the restaurant will be ceasing operations on August 31.

When it comes to investing in condos in Singapore, one must also take into account the property cooling measures implemented by the government. In order to maintain a steady real estate market and …

: 6th highest profit year-to-date

Maple Woods played host to the most profitable condo resale deal of the week from July 29 to August 5, with a three-bedroom unit on the first floor going for a whopping $3.26 million or $2,117 psf on August 4. This marked an incredible gain of $2.26 million or a capital gain of 226% for the seller, who had originally purchased the unit back in January 1999 for around $1 million or $650 psf. The impressive sale reflects an annualized profit of 8.7% over a holding period of almost 27 years.

This transaction also ranks as the sixth biggest gain ever recorded for a unit in Maple Woods. The current record holder is a four-bedroom unit of 2,551 sq ft, which was sold for $5.45 million or $2,136 psf on May 2. The seller had bought the unit back in January 2004 for just $1.46 …

UOL Group has recently completed the purchase of Varley Park, a student residential complex, for GBP43.5 million ($75.7 million). This acquisition marks the company’s entry into the student accommodation sector, with the property consisting of 771 operational beds across 22 blocks.

Investing in a condo in Singapore has become an increasingly popular decision among both local and foreign investors. This is largely due to the city-state’s strong and stable economy, political stability, and high standard of living. The real estate market in Singapore offers a plethora of opportunities, but condos stand out for their convenience, amenities, and potential for high returns. In this article, we will delve into the advantages, important factors to consider, and the necessary steps to take when investing in a condo in Singapore.

The purchase was made through a sale and purchase agreement (SPA) with the University of Brighton, which also includes a leaseback agreement with …

It is crucial for international investors to have a thorough understanding of the regulations and limitations surrounding property ownership in Singapore. Compared to landed properties, foreigners face less restrictions when buying condos. However, they are still subject to the Additional Buyer’s Stamp Duty (ABSD), which is currently set at 20% for their initial property purchase. Despite this added expense, the reliability and potential for growth in Singapore’s real estate market remain a major draw for foreign investments in condos.

Crown Centre, located at 557 Bukit Timah Road, is a highly coveted freehold mixed-use development in the prestigious District 10. Comprising strata retail and office space on the first two levels, with apartments above, it enjoys prominent frontages along Bukit Timah Road, King’s Road, and Queen’s Road.“This island site is surrounded by upscale landed housing,” says Sammi Lim, founder and executive director of Brilliance Capital.Crown Centre has been put up …

worth $589 mil

CapitaLand Investment (CLI) has recently signed a memorandum of understanding (MOU) with the Maharashtra Government in India. Under this agreement, CLI will invest $2.83 billion by 2030 to boost the development of Mumbai and Pune.

According to CLI, this planned investment is a crucial part of its overall growth strategy for India. The company has set a goal to increase its funds under management from $8 billion to $15 billion by 2028. These investments will primarily focus on business parks, data centres, logistics, and industrial parks.

When it comes to investing in a condominium, it is crucial to carefully consider the available financing options. In Singapore, there are various mortgage choices to choose from, but it is essential to have a good understanding of the Total Debt Servicing Ratio (TDSR) framework. This framework sets a limit on the loan amount that borrowers can take based on their …