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 …

A portfolio of 14 retail shops, located at Peninsula Plaza, Sim Lim Square and Far East Plaza, is available for sale through an expression of interest (EOI) exercise. The marketing agent for the properties is ERA Realty Network, with a total price of $26.46 million for the entire portfolio.

The collection includes two units at Peninsula Plaza, a 999-year leasehold mixed-use development on North Bridge Road. These adjoining ground-floor shop units have a combined strata area of approximately 990 sq ft and are priced at $8 million, or $8,081 per square foot.

Built in 1980, Peninsula Plaza is a 30-storey …

GuocoLand has recently acquired a green loan of $367.1 million from DBS Bank to develop its Faber Walk site. The land parcel, which was awarded through a Government Land Sale tender last November, will be jointly developed by GuocoLand, TID and Hong Leong Holdings.

The partners had submitted the top bid of $349.86 million for the 277,659 sq ft site, which translates to $900 psf per plot ratio. The upcoming development will consist of nine low-rise blocks and will offer 399 residential units. Located within the Faber Walk landed private residential enclave and adjacent to the Faber Hills estate, the …

The executive condominium (EC) market in Singapore continues to thrive as developer Sim Lian Group sold 682 units out of a total of 760 units in less than a day for its latest launch, Aurelle of Tampines, which is located at Tampines Street 62. The average price achieved for the units sold was a remarkable $1,766 psf.The remaining 78 units, which are mostly three-bedroom units, are still available for sale. This launch take-up rate of 90% also marks the highest success rate for an EC launch since the 531-unit Hundred Palms Residences was completely sold out on its launch day …

Aurea, the newest luxury residential project in the Core Central Region (CCR), was launched for sale on March 8, making it one of the first of its kind to enter the market in the 1st quarter of 2025. Developed jointly by Far East Organization and Perennial Holdings, a total of 23 units have been sold at an average price of $3,005 per square foot.

The first phase of the project, consisting of 78 units ranging from two- to four-bedroom apartments on levels 4 to 16, was released for sale. The sales rate stands at 30%, based on the 78 units …