Latest News - 1614

Lian Beng's Ong family makes 50 cents per share offer as required under takeover code

Lian Beng's Ong family makes 50 cents per share offer as required under takeover code

Posted on: Jun 16, 2021

SINGAPORE (EDGEPROP) - The Ong family controlling construction firm Lian Beng Group is making a conditional offer at 50 cents per share, following the acquisition of additional shares via a married deal, which triggers a mandatory offer as required by Singapore company rules. (See also: KSH, Ox...

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JustCo appoints Loke Huey Teng as CFO

JustCo appoints Loke Huey Teng as CFO

Posted on: Jun 16, 2021

SINGAPORE (EDGEPROP) - Co-working operator JustCo has appointed Loke Huey Teng as its chief financial officer (CFO). (See also: JustCo launches Digital Future of Work Platform that allows users to book co-working booths)Loke Huey Teng (Credit: JustCo)Loke will helm JustCo’s finance, capital m...

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Freehold site at Telok Kurau for sale at $30.6 mil

Freehold site at Telok Kurau for sale at $30.6 mil

Posted on: Jun 16, 2021

SINGAPORE (EDGEPROP) - A freehold redevelopment site at 12, 12A, 20 and 28 Lorong J Telok Kurau Road is on the market at a guide price of $30.6 million, according to CBRE, which is marketing the property. (See also: Macly Group to preview Telok Kurau freehold mixed development on March 7)12 &am...

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Unit at Nassim Park Residences reaps $3.2 mil profit

Unit at Nassim Park Residences reaps $3.2 mil profit

Posted on: Jun 12, 2021

SINGAPORE (EDGEPROP) - The sale of a 4,833 sq ft unit at Nassim Park Residences was the most profitable transaction during the week of May 25 to June 1.The ground-floor apartment was purchased for $11.54 million ($2,387 psf) in June 2008 and sold for $14.7 million ($3,042 psf) on May ...

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Three bedder at Vue 8 Residence on the market for $1.13 mil

Three-bedder at Vue 8 Residence on the market for $1.13 mil

Posted on: Jun 12, 2021

SINGAPORE (EDGEPROP) - A three-bedroom unit at Vue 8 Residence, along Pasir Ris Heights in District 18, will be put up for auction for $1.13 million ($1,094 psf) on June 23, according to Edmund Tie, which is handling the bank auction. (See also: Desmond Sim takes on the mantle at Edmu...

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Residential transactions with contracts dated May 25 to June 1 [DONE DEALS]

Residential transactions with contracts dated May 25 to June 1 [DONE DEALS]

Posted on: Jun 12, 2021

Discover the latest Singapore property news & new launch condo updates only on EdgeProp.sgSource: https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-may-25-june-1-done-deals?utm_source=Facebook&utm_medium=article&utm_campaign=Echo

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Enjoy unparalleled views at Meyer Mansion

Enjoy unparalleled views at Meyer Mansion

Posted on: Jun 12, 2021

Once completed in 2024, Meyer Mansion will offer its residents vast unblocked views of either the sea or a landed enclaveInspired by the charm of its past, Meyer Mansion takes after the old bungalows that were once built along Meyer Road. Those homes were required to be set back at least 1...

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Govt’s 2H2021 land sales still cautious, despite 25% increase in housing units

Govt’s 2H2021 land sales still cautious, despite 25% increase in housing units

Posted on: Jun 12, 2021

New private home sales in May 2021 to-date, based on URA Realis data, is estimated to have fallen 30% from April, says JLL (Photo: Samuel Isaac Chua/EdgeProp Singapore)SINGAPORE (EDGEPROP) - The launch of the 2H2021 government land sales (GLS) programme on June 10 showed the same number of...

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Safe management measures at project sales galleries relaxed from June 14

Safe management measures at project sales galleries relaxed from June 14

Posted on: Jun 12, 2021

Two-bedroom showflat at One Bernam sales gallery (Photo: Samuel Isaac Chua/EdgeProp Singapore)SINGAPORE (EDGEPROP) - Under the Phase 3 Heightened Alert Safe Management Measures announced by the Multi-Ministry Taskforce on June 10, existing Safe Management Measures (SMM) will be relaxed from 14 June ...

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Guoco Tower wins FIABCI World Prix d’Excellence Award

Guoco Tower wins FIABCI World Prix d’Excellence Award

Posted on: Jun 10, 2021

SINGAPORE (EDGEPROP) - Guoco Tower has won the World Silver Winner in the office category at the 2021 FIABCI World Prix d’Excellence Awards. (See also: Guoco Tower and Sophia Hills reap awards at the FIABCI World Prix d’Excellence Awards 2020)Guoco Tower, in the CBD, stands at 290 metres an...

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Lendlease Global Commercial REIT to increase stake in Jem for a total of up to $347 mil

Lendlease Global Commercial REIT to increase stake in Jem for a total of up to $347 mil

Posted on: Jun 8, 2021

SINGAPORE (EDGEPROP) - The manager of Lendlease Global Commercial REIT (LREIT) has announced that it is increasing its stake in Jem through the acquisition of a 53% stake in Lendlease Jem Partners Fund for $153.1 million, as well as the acquisition of up to 19.8% interest in Lendlease Asian Retail I...

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Unit at Helios Residences makes $2.6 mil loss

Unit at Helios Residences makes $2.6 mil loss

Posted on: Jun 5, 2021

SINGAPORE (EDGEPROP) - The sale of a 2,002 sq ft unit at Helios Residences was the most unprofitable transaction during the week of May 18 to 25. The four-bedroom unit on the 17th floor was sold for $4.5 million ($2,248 psf) on May 25, but had been purchased for $7.11 million ($3,552 psf) in April 2...

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