Keppel Land to invest $3 bln in mixed-use development in Saigon CentreEn Bloc SalesWatchlist

Keppel plans to shift its focus to other brownfield redevelopment projects after completing Keppel South Central, according to Samuel Ng, the President of Keppel’s real estate division in Singapore. Keppel South Central is a former 27-storey office tower known as Keppel Towers and a 13-storey building called Keppel Towers 2. Located along Hoe Chiang Road in Tanjong Pagar, the newly completed 33-storey Keppel South Central comprises about 650,000 sq ft of office, retail, and event space. The typical office floor plates are between 20,000 and 22,000 …

A Semi-Detached Leasehold Property on Kew Heights in District 16 is Up For Auction on March 15 for $3.65 MillionA leasehold semi-detached house on Kew Heights in District 16 is set to hit the auction block at SRI’s upcoming auction on March 15. The three-storey property, which has a 99-year lease, has a guide price of $3.65 million.The house sits on a corner plot of 3,034 sq ft and boasts a floor area of 4,436 sq ft over three levels. It includes six bedrooms, a family area, a living hall with a double-volume ceiling, an adjoining dining area, a kitchen, …

Trizon penthouse at Ridgewood Close was sold for a whopping $9.76 million ($1,701 psf) on Feb 27, making it the most profitable resale transaction of the week from Feb 25 to March 4. The spacious 5,737 sq ft unit on the 23rd floor had been previously bought for $6.55 million ($1,142 psf) in March 2016, which means the seller made a profit of $3.2 million (49%) or an annualized gain of 4.5% over nine years.

This sale is also the second-most profitable resale transaction at The Trizon to date. The record was set in August 2023 when a 7,083 sq …

Boutique condo Hill House reaches new high of $3,267 psfSold in January 2021: Real estate unit at The Esta tops the list of resale condos with the highest psf price achieved in the last three yearsIn the period between February 21 to 28, a two-bedroom unit at The Esta was sold for $2.38 million, setting a new psf-price record of $2,377 for the freehold condo. This surpassed the previous record of $2,317 psf set in January 2020 for a three-bedroom unit. The average resale price of condo units at The Esta has also increased steadily over the years, with an …

According to the Emerging Trends in Real Estate Global Outlook by PwC and the Urban Land Institute (ULI), low yields and slow transaction volumes were among the top concerns for property investors in Asia Pacific (Apac) this year. The report, published on March 12, gathers investor sentiment from global asset managers including Blackstone, Savills Investment Management, and CBRE Investment Management. Over 70% of respondents cited low yields, high interest rates, and geopolitical tensions as the main concerns for investors.

The report notes that Asia Pacific continues to be an attractive diversification strategy for industry leaders due to its population growth …

A 999-year leasehold conservation shophouse located at 20 Liang Seah Street is currently up for grabs and is expected to fetch a price of $15 million. The property is being marketed by SRI Capital Market, who has been appointed as the exclusive agent for the expression of interest (EOI) exercise.

Boasting a 1,129 sq ft plot and zoned for both residential and commercial use with a gross plot ratio of 4.2, this three-storey shophouse is strategically located in the Beach Road secondary settlement conservation area. This means that potential buyers may also apply for approvals to build extensions of up …

SINGAPORE – After months of tension and legal battles, the boardroom-family drama at City Developments Limited (CDL) seems to have finally subsided. In a statement released on behalf of the board, executive chairman Kwek Leng Beng announced the discontinuation of legal actions against a faction of directors led by his son, group CEO Sherman Kwek.

The board will now consist of four members – Kwek Leng Beng, Sherman Kwek, and two newly appointed independent directors, Jennifer Duong Young and Su Yen Wong. This marks a significant step towards rebuilding unity and stability within the company.

All four members have agreed …

Steve Leung Design Group (SLD), founded by renowned architect and designer Steve Leung, is making its mark in the European market with a new collaboration with Italian designer Andrea Bonini. The well-established interior design practice, listed on the Hong Kong stock exchange, will establish its first branch company in Europe under the brand SLD . Andrea Bonini. This new venture will offer top-notch interior design services and products to clients in both Asia and Europe, covering a wide range of projects from luxury homes to high-end hospitality spaces.

The partnership, known as SLD . Andrea Bonini, will officially launch in …

The CapitaLand-Microsoft partnership will also include exploring opportunities for CapitaLand to use Microsoft’s AI and cloud capabilities to better connect with customers and partners through blended omnichannel experiences. This may involve the integration of AI chatbots and voice assistants in CapitaLand’s retail and lodging properties, as well as the implementation of advanced data analytics and machine learning to personalize the customer experience.

CapitaLand Group and Microsoft have recently signed a memorandum of understanding (MoU) to collaborate on the use of artificial intelligence (AI) and advanced technologies in CapitaLand’s businesses. As part of this partnership, CapitaLand will join Microsoft Singapore’s AI …

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CapitaLand Group has recently signed a memorandum of understanding (MOU) with Microsoft in order to utilize advanced technology and artificial intelligence (AI) in their business operations. As part of this agreement, CapitaLand will join Microsoft Singapore’s AI Pinnacle Program, giving them access to various Microsoft platforms, services, and solutions. This partnership will help CapitaLand enhance their customer engagement and improve the overall efficiency of their funds, investments, retail, lodging, and development businesses.

Some of the potential areas of collaboration between CapitaLand and Microsoft include the development of infrastructure, leveraging Microsoft’s Azure cloud computing platform to design data centers and …