Entries by meyer

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CapitaLand Ascendas REIT will pay $218.2 million for Seagate’s The Shugart in one-north

Check related news: Niven Road residential shophouse listed for sale at $5.2 million CapitaLand Ascendas REIT (CLAR) will acquire Seagate Singapore’s integrated advanced research and development (R&D) location, The Shugart, for $218.24 million. With acquisition fees, as well as other associated fees, CLAR is expected to spend a total of $232.4 million. The purchase of […]

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New Futura, Yong An Park, was purchased by Chinese buyers for 30% ABSD as opposed to the advertised 60%

Two luxurious condos located in the District 9 area were recently bought by foreign buyers despite recent increases in stamp duty for additional buyers (ABSD) that went in effect on the 27th of April. Based on Lee Sze Teck, senior director of research at Huttons Asia, a crosscheck with URA’s analysis on property purchase by […]

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The mixed-use integrated complex in Jalan Anak Bukit is where the Reserve Residences sales gallery is located

More than 6,000 people have been visiting the sales area of the Reserve Residences since it was opened for the public on Saturday 13 May. The gallery is located on what is actually the site of The Reserve Residences, a mixed-use integrated development located at Jalan Annak Bukit. TMW Maxwell condo floor plan plot ratio […]

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Prices start at $2,300 per square foot at The Reserve Residences, which capitalizes on its role as an integrated transportation hub

Joint venture with partners along with sister businesses Far East Organization and Sino Group will unveil the Reserve Residences at Jalan Anak Bukit off Bukit Timah on the 12th of May Then, the property will be launched one week following on May 27. “As it will be the first integrated mixed-use development that includes a […]

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HDB extends the income assessment time and alters the way housing assistance payments are made

HDB has made changes to the way it conducts its business for evaluating the income of flat-buyers and whether they are eligible for housing subsidies beginning on May 9. The changes are in conjunction with the launch of a brand new HDB flat-eligibility (HFE) letter, which replaces the current HDB loans eligibility document. The HFE […]

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Distributable income reached $56 million in 1HFY2023, up 95.9% year over year

Read related article: the 28-story office building that had served as Goldin Financial Holdings’s distressed investment holding company headquarters Lendlease Global Commercial REIT (LREIT) has announced an increase in distributable income in the range of 95.9% y-o-y to $56 million for its 1HFY2023 that ended in December, which translates to an average in the range […]

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For 2HFY2022, total property income was INR4.78 billion ($76.5 million), an increase of 11% year over year

Read also: In 4Q2022, sales of real estate investments dropped by 22% year over year to $4.5 billion The administrator of CapitaLand India Trust (CLINT) has announced the dividend per unit (DPU) of 3.91 cents for the 2HFY2022 that closing on December 31, 2022. That’s 9% more than its DPU figure of 3.60 cents for […]