Topic of Interest: #Developers (5,432 Articles Found)

April 5, 2021

UIC proposes name change to Singapore Land in group-wide refresh

April 2, 2021

CDL can take flight again after shaking off albatross

Ho Bee launches 16 remaining units at Turquoise at prices from $1,290 psf

Shares of office landlords surge on expected return of office workers

March 31, 2021

Certis in tie-up with Lendlease to redevelop headquarters

CapitaLand’s big restructuring: Is this the deal investors have been waiting for?

CapitaLand’s restructuring could provide higher returns for shareholders

OKH Global promotes financial controller to CFO

CDL’s Irwell Hill Residences previews at prices from $2,500 psf

Room for growth in private home sales if foreign buyers return: CDL

Soilbuild Reit hearing adjourned to March 30 after objection from unitholder

CDL ‘confident’ about attaining master-developer status

Swire Properties sells all units at Eden for $293 mil

March 25, 2021

Five adjoining strata retail spaces at Parc Esta condominium for sale at $2 mil each

CapitaLand’s restructuring move is not for everyone, say analysts

CapitaLand restructuring unlocks value for shareholders

CapitaLand’s morphing into CLIM could provide a template for others

Sing Holdings adopts back to basics strategy

CapitaLand shareholders to hold shares in new investment and lodging entity

CapitaLand to separate real estate development and fund management units

Singapore Business Review

CapitaLand pushes ahead with its global drive for sustainability

Midtown Modern sees 61% of units sold over launch weekend

Projects completing between now and 2023: What to look out for

Covid-19 may have wreaked havoc on the construction sector last year, and disrupted property developers’ otherwise peerless track record with respect to completing their residential projects on time or even ahead of schedule. This year, about 21 private…

April 9, 2021

Designer Robert Cheng’s garden home concept for Swire Properties’ Eden

Eden, the 20-unit condominium block at Draycott Drive, was never officially launched for sale. Few, except the ultra-high net worth, have ventured beyond the threshold of the property developed by Hong Kong-listed Swire Properties, especially now that all…

April 9, 2021

Lendlease appoints new Asia chief executive based in Singapore

Sydney-based Lendlease, which manages Singapore-listed Lendlease Global Commercial Reit, has appointed Justin Gabbani as its Asia CEO, effective June 1. Based in Singapore, Mr Gabbani will take over from Tony Lombardo, who was appointed group CEO designate in…

April 8, 2021

Taiwanese family wants them all in S$293m Draycott deal

The Tsai family of Taiwan behind snack food giant Want Want China Holdings is the party that has bought all 20 units at the completed freehold luxe development, Eden, at 2 Draycott Park. The S$293 million transaction involves…

April 7, 2021

One-North Eden to open for preview this Saturday

One-North Eden, a mixed-use development project by TID in prime District 5, is set to open for preview this Sat), with bookings slated on 24 Apr when the project is launched. TID Pte Ltd is a JV between…

PropertyGuru

April 7, 2021

URA extends Jalan Anak Bukit site’s tender deadline to June 29

The tender for the commercial and residential site along Jalan Anak Bukit, near Beauty World MRT station, will now close on June 29, 2021. This is due to a new requirement for a centralised cooling system to serve…

April 6, 2021

Strong showing for private home prices in 1Q21, ahead of expectations: CGS-CIMB

CGS-CIMB Research analyst Lock Mun Yee has maintained her ‘overweight’ rating for the Singapore property sector after the property price index flash estimate for 1Q2021 showed that private home prices rose 2.9% q-o-q, compared to 2.1% in 4Q2020.…

April 5, 2021

Straits Trading acquires JL Family Office’s stake in Straits Real Estate for $105 mil

The Straits Trading Company’s wholly-owned subsidiary STC Capital has entered into a share SPA with JL Equity II, a unit of the JL Family Office (JLFO) for the proposed acquisition of JLFO’s 10.5% stake in Straits Real Estate…

April 5, 2021

UIC proposes name change to Singapore Land in group-wide refresh

The proposed name change of UIC to Singapore Land Group is more than a cosmetic change, says COO Jonathan Eu. The real estate developer also has plans to rejuvenate and gentrify its aged office portfolio, as well as…

April 2, 2021

CDL can take flight again after shaking off albatross

Nineteenth-century German philosopher Friedrich Nietzsche once wrote an aphorism which went, “what doesn’t kill you makes you stronger”. The phrase may be particularly appropriate for listed property group City Developments (CDL), which has gone through its own annus…

Ho Bee launches 16 remaining units at Turquoise at prices from $1,290 psf

Ho Bee Land, has released its 16 remaining units for sale at the six-storey, high-end condo, Turquoise in Sentosa Cove. After a promotional discount ranging from $500,000 to $750,000 per unit, prices are said to be in the…

Shares of office landlords surge on expected return of office workers

Shares of office landlords have been gaining since the government’s announcement last week that a bigger proportion – up to 75 per cent – of staff can return to the workplace from Apr 5. Units of Keppel Reit…

March 31, 2021

Certis in tie-up with Lendlease to redevelop headquarters

Certis is teaming up with Lendlease to redevelop its ageing headquarters in the Paya Lebar area. Market watchers say it makes sense for Certis to partner Lendlease, which has expertise in property development, construction and mgmt. BT understands…

CapitaLand’s big restructuring: Is this the deal investors have been waiting for?

If I have learned anything from watching CapitaLand over the last two decades, it is that the group never admits to being at a disadvantage; and never tires of imagining what it could become in the future. This…

CapitaLand’s restructuring could provide higher returns for shareholders

CapitaLand has taken the Singapore property sector by surprise by announcing the separation of its property development business and its property investment mgmt business. The separation of CapitaLand into two distinct businesses, while surprising, is not entirely unprecedented.…

OKH Global promotes financial controller to CFO

OKH Global has promoted its group financial controller Ng Khay Wee to CFO. Ng has served as the group financial controller since Oct 2016. Ng, 35, is a chartered accountant of ISCA. Previously, he was a business development…

CDL’s Irwell Hill Residences previews at prices from $2,500 psf

City Developments Ltd (CDL) will preview Irwell Hill Residences on Mar 27, with its launch slated for Apr 10. It comes hot on the heels of Midtown Modern’s launch the weekend before — Mar 19 to 21— where…

Room for growth in private home sales if foreign buyers return: CDL

While HDB upgraders have helped keep new private home sales buoyant, the possible return of foreign buyers amid vaccine roll-outs and more open borders could fire up the market, a City Developments (CDL) official said on Thurs. Group…

Soilbuild Reit hearing adjourned to March 30 after objection from unitholder

The court hearing on the application to sanction Soilbuild Business Space Reit’s trust scheme of arrangement has been adjourned to Mar 30. This came after a Soilbuild Reit unitholder opposed the trust scheme sanction application on the ground…

CDL ‘confident’ about attaining master-developer status

City Developments Limited (CDL) has set its sights on becoming a master developer in Singapore, even as it focuses on replenishing its land bank to ensure a stable launch pipeline. The property group, which builds up its land…

Swire Properties sells all units at Eden for $293 mil

Swire Properties announced this evening that it has sold all 20 units at its ultra-luxury condo, Eden at 2 Draycott Park. The apartments were sold for $293 million or $4,827 psf. The sale will be completed by May…

March 25, 2021

Five adjoining strata retail spaces at Parc Esta condominium for sale at $2 mil each

A cluster of five adjoining strata shops within the 1,399-unit development of Parc Esta located along Sims Ave is now on the market for $2 million each. Each of the five shops has a strata area of 657…

CapitaLand’s restructuring move is not for everyone, say analysts

Capitaland’s restructuring deal seems the perfect solution to the middling valuations that the market has been awarding to property developers, but market watchers said replicating the deal may be difficult for locally listed developers without similar size and…

CapitaLand restructuring unlocks value for shareholders

There is nothing like a bit of restructuring to breathe life into a somewhat moribund stock. Listed CapitaLand soared some 21 per cent in early trading yesterday, after SEA’s largest property group announced a restructuring that would separate…

CapitaLand’s morphing into CLIM could provide a template for others

Minority shareholders appear to be the immediate winners from CapitaLand’s restructuring exercise as the implied consideration for each share based on current share capital is S$4.102. This represents a 24 per cent premium to the property group’s last…

Sing Holdings adopts back to basics strategy

Sing Holdings used to develop high-end Singapore residential projects such as 38 Draycott Drive, The Laurels along Cairnhill Road and Robin Residences in Bukit Timah. These days, however, it is focusing on mass-market private condos and ECs. Explaining…

CapitaLand shareholders to hold shares in new investment and lodging entity

Capitaland’s shareholders are set to hold shares in CapitaLand Investment mgmt (CLIM), which is to be listed on SGX by way of introduction, while the group’s real estate development business will be privatised. CLIM will own the investment…

CapitaLand to separate real estate development and fund management units

CapitaLand, majority-owned by Singapore state investor Temasek, announced on Mon plans to split itself into two in a strategy aimed at pursuing growth as an asset-light company. It is proposing to inject its REITs and investment mgmt unit…

Singapore Business Review

CapitaLand pushes ahead with its global drive for sustainability

In an exclusive interview with Real Estate Asia, CapitaLand Group’s CSO Lynette Leong who is responsible for elevating the company’s sustainability strategy and policies, discussed CapitaLand’s 2030 Sustainability Master Plan, its sustainability initiatives, and how the company is…

Midtown Modern sees 61% of units sold over launch weekend

The sales launch of Midtown Modern, GuocoLand’s 558-unit condominium, saw 340 units sold between Mar 19 to 21. This is 61% of the total number of units in the 99-year leasehold condo on Tan Quee Lan Street in…