More land supply for S'pore developers but prices will remain lofty
This means developers who have already added to their landbank will have an advantage over the others.
This means developers who have already added to their landbank will have an advantage over the others.
These deals add more than 115,000 sqm of Gross Floor Area (GFA), excluding car park, to CapitaLand’s retail footprint and entrench the group’s presence in Chengdu, Foshan and Shanghai, which are among China’s 10 largest cities.
Almost all the potential bidders for Global Logistic Properties are dropping out as the June 30 deadline approaches, reported The Financial Times.
The 50:50 joint venture submitted the highest bid of S$1.132 billion (RM3.49 billion) for the 99-year leasehold land located next to Woodleigh MRT Station.
Hatten is a developer of integrated developments, headquartered in Melaka.
Mid-to-mass market projects continue to drive sales with 341 and 617 units sold in the RCR and OCR segments.
The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.
PropNex Realty is merging with Dennis Wee Group (DWG) to form what will be Singapore’s largest property agency with close to 7,000 salespersons.
Thai-listed Nirvana Daii PCL has signed an agreement today with Banyan Tree Group to brand the Banyan Tree Residences Riverside Bangkok, a super-luxury riverside condominium.