URA will put up Kallang hotel site for sale

URA will put up Kallang hotel site for sale
A developer has pledged to submit a bid of not less than 51 million dollars for a hotel site at the junction of Kallang and Jellicoe Roads.
 
The Urban Redevelopment Authority, or U-R-A will thus put the site up for sale by tender in about two weeks’ [...]

Banyan Tree completes S$60m notes offering

Banyan Tree completes S$60m notes offering
 
SINGAPORE: Banyan Tree Holdings has successfully completed its additional singdollar notes offering.
 
The company had intended to raise S$50 million initially, but managed to rake in S$60 million instead on strong investor demand.
 
This brings its total notes issued to S$160 million to-date.
 
Banyan Tree had announced a S$400 million [...]

CapitaLand’s Q2 profits fall 44% on-year

CapitaLand’s Q2 profits fall 44% on-year
 
SINGAPORE: CapitaLand, Southeast Asia’s biggest property developer, said on Friday second-quarter net profit fell 44 per cent from a year ago as revenue slumped due to slower sales from development projects in China.
 
The Singapore-based developer said in a statement it earned 515.25 million Singapore dollars (376.5 million US) in [...]

Colliers releases green design property guide

Colliers releases green design property guide
 
A guide has been launched to help Singapore property players go green.
 
The “r e design” guide, produced by property consultant Colliers International, is Asia’s first green real estate guide.
 
It has received a warm reception around the region, but some say that costs and time are still a deterrent for developers [...]

For Sale: Rivergate, 3+1, 1539sqft

For Sale: Rivergate, 3+1, 1539sqft
 
Property Address: Rivergate at Robertson Quay 
Property Type: Private Condominium 
Property District: D9 (Orchard) 
Property Status : FOR SALE 
Asking Price: $2,308,500 Negotiable  or $1,500psf
Valuation Price: $2.308,500 
Prices are in: Singapore Dollar (SGD) 
No. of Bedrooms: 3 rooms 
Property Tenure: Freehold 
Built-In Area: 1539sqft 
Property Age  : Under Construction 
Property Description  [...]

For Sale/Rent: The Levelz 2Bedroom 1001sqft

For Sale: The Levelz 2Bedroom 1001sqft
 
Property Address: The Levelz at 38 Farrer Road
Property Type: Private Condominium 
Property District: D10 (Holland) 
Asking Price: $1,350,000 Negotiable for Sale, $4,500/mth for rental
Valuation Price: $1,350,000 
No. of Bedrooms: 2 rooms  + Study room
Property Tenure: Freehold 
Built-In Area: 1001sqft 
Property Age: 3 year 
Property Description: • High Floor • Unblock [...]

En-bloc sales a menace to society

En-bloc sales a menace to society
 
SOCIETY watches in disbelief at what is happening at Laguna Park. And now we hear of the ugliness in other condos too.
 
If collective property sales lead to gangsterism and bullying tactics in normally law- abiding Singapore, shouldn’t the sales be stopped?
 
The ingredients of greed, dismissing neighbours’ wishes, community [...]

Enough of rogue agents

Enough of rogue agents
 
PropNex rolls out measures to win customers’ trust and confidence
 
IF YOU discovered that the agent you had hired to sell your flat was also quietly acting for the buyer, you’d probably be hopping mad and looking for some kind of recourse. Unfortunately, there is nothing by way of laws over [...]