News by M

In Singapore, the most coveted homes are those with a seafront view, within walking distance of the beach and the park, and near eateries. The East Coast and Sentosa Cove are two areas in Singapore that offer such luxuries.

“FCT is in a strong negotiating position with tenants who want a presence in the north where the group has close to 75% market share of retail malls.”

Sunsuria Bhd hopes to have access to infrastructure and development projects in the government and private sector through its acquisition of a controlling stake in a firm that holds a Construction Industry Development Board licence.

Spanning a 3.68-acre freehold plot along Jalan 112, The Estate features two 45-storey towers that will house 328 condo units. They are priced at RM800 psf.

Among the key tenants are MBO Cinemas, Tai Thong Restaurant, Jaya Grocer, Mr.DIY, B.bap, Caring Pharmacy, Guardian Pharmacy, Watsons Pharmacy, Poliklinik Shaik with Ooi & Khor Dental Surgery.

Facility available since February.

THE strong bids for the Toh Tuck Road site on April 11 and high developers’ sales numbers unveiled by URA on April 17 are more signs that the Singapore residential market may be turning the corner, says JLL.

SALES of new private homes surged to a four-year high last month when some property cooling measures were adjusted for the first time since they were rolled out in 2009.

Some members of The Real Estate & Housing Developers’ Association Youth section (Rehda Youth) drew lessons in planning for vertical spaces and projects during its April study tour of two projects in Kuala Lumpur.

S P Setia Bhd has launched a differential sum loan scheme called Setia Express Advance Loan (SEAL), that offers purchasers of its properties lending rates as low as 5.5% per annum and loan amount of up to 30% of the intended property’s purchase price. The move is aimed at helping eligible purchasers of completed S P Setia properties to bridge the financing gap between the purchase price and the purchaser’s end-financing loan amount.