JCube, located in the JCube Residence Jurong East region of Singapore, will close to make way for a 40-storey residential and commercial development, estimated at S$2,000 to S$2,100 per square foot. Potential launches, including Jcube Condo Residence, will help alleviate pent-up demand for housing in the Jurong Lake District.

Located between Mandai Road and Yishun Avenue 5, the building is easily accessible via Kranji Expressway and is located a five-minute drive away from the future Yishun Integrated Transport Hub.The massive integrated transport hub, which will feature a bus interchange and a hawker centre, will connect the Yishun town centre with the North-South MRT Line and the North-South Expressway (NSE).

Located between Mandai Road and Yishun Avenue 5, the five-storey industrial building at 543 Yishun industrial Park A is now up for sale via an expression of interest exercise, with an indicative price of $19.2 million. Boasting a land area of …

Hatten Land Limited has issued a statement on March 20 to clarify the group’s projects mentioned in “certain media articles”. Most of the projects have been completed and delivered to their respective buyers, including Hatten City 1, Hatten City 2, Vedro and Imperio Mall & Residences.

After a decade of providing leisure and edutainment, JCUBE will JCube Residence close to make way for a 40-storey residential and commercial development, JCube Condo Residence. With completion in 2027, it will be linked to amenities in the Jurong Lake District, with potential launches including a nearby 6.8-hectare white site.

Unfortunately amid the Covid-19 pandemic and related government measures on tourism and hospitality in Melaka, the activities of two of the projects under development, Harbour City and Satori, have been stalled.

The agreement signed with Tayrona Capital in August 2020 however, has yet to be completed as they have failed to meet certain obligations, …

A freehold bungalow located at 26 Kew Drive, in District 16, is being offered via tender at an asking price of $18 million. The 14,376 sq ft site has been designated for a mixed-landed development of up to three storeys and could potentially be subdivided into two plots of 6,200 sq ft and 7,400 sq ft subject to approval from URA. Situated at an elevated point in its locality, the property offers views of Bedok Town, the city, and the sea and is just a seven-minute walk from the upcoming Integrated Transport Hub.

The property is also a five-minute drive from Siglap Community Club, with retail offerings including a Sheng Siong Supermarket, a McDonald’s and an Anytime Fitness gym. Moreover, 26 Kew Drive lies within 1km of both Temasek Primary and Secondary Schools.

The incredible property boasts many advantages and is the perfect opportunity for investors and developers alike. Damien …

An entire floor of freehold strata space at the 32-story Oxley Tower on Robinson Road in the CBD is up for sale, with a guide price of $12.9 million.

CBRE, the exclusive marketing agent for the property, has set a guide price of $4,231 psf for the 3,025 sq ft strata floor which is currently tenanted, on level 20 of the tower. Investors looking for an opportunity to acquire and own a floor of retail space with permanent approval for F&B usage within the CBD, should consider this rare and attractive asset.

With the return to office happening in full force, the retail performance in the CBD is improving and the vacancy rate declining. Consequently, retail rents are expected to increase.

The building offers direct lift access for units with a floor-to-ceiling height of 4.9m and utilities and service areas within the central core. This ensures that occupiers benefit from …

27 Soho Square, located in the heart of London’s Soho district, is up for sale with a guide price of GBP50 mil ($82 million). This seven-storey building, with a total net lettable area of 30,990 sq ft, comes with a basement level and has been refurbished in the last five years. It is two minutes away from the Tottenham Court Road Station and close to Oxford Street and the West End.

Edmund Tie & Company, through its strategic partnership with Harris Associates, London-based real estate agency, is offering this office building for sale. It has already obtained planning consent to add roof terraces, extra floors and change the purpose of the ground and basement levels to an eatery. The new all-electric central plant comprises an air source heat pump system and a new air handling unit.

Swee Shou Fern, head of Investment Advisory at Edmund Tie, said that 27 Soho …

Savills, an international real estate advisory firm, has released their preliminary financial results for the fiscal year 2022 (ending December 31, 2022). Group revenue rose 7% on the year-on-year with GBP2.3 billion ($3.57 billion), a jump from the GBP2.15 billion in the previous fiscal year. Underlying profit before tax, however, took an 18% dip, settling at GBP164.6 million.

The increase in revenue was largely driven by all of the company’s segments. Transactional advisory revenues stirred up a 4% increase, while the nons-transactional services (such as investment management, property and facilities management, as well as consultancy) witnessed a 9% jump.

Property and facilities management experienced the highest jump in revenue with a 13% increase year-on-year, while consultancy and investment management revenues rose 4% and 1% respectively. Additionally, the assets under management grew from GBP21.9 billion to GBP22.1 billion.

Mark Ridley, Savills Group Chief Executive, noted that the company “slightly exceeded” expectations …

At The Atelier, a 1,281 sq ft, three-bedroom unit set a new psf price low of $2,494 on March 5. At Nassim Park Residences, a record-breaking four-bedder transacted for $4,785 psf on Feb 27. D’Grove Villas saw an eye-watering $4.3 million for 1,690 sq ft two-bedroom unit at $2,544 psf on March 2, also a new high for the project.A luxury condo located in prime District 10, D’Grove Villas is a boutique 45-unit development that was completed in 1992. On March 2, a record-breaking 1,690 sq ft, two-bedroom unit sold for a whopping $4.3 million, or $2,544 psf, notching up the highest psf-price for the project to date.

Located on Orange Grove Road in Singapore’s District 10, D’Grove Villas is a beautiful, mature development in an exclusive residential neighbourhood close to luxury condos such as Le Nouvel Ardmore, Ardmore Residence, Ardmore Park, Sculptura Ardmore, and Treetops Executive Residences.

The 45-unit …

After 10+ years, JCube in Jurong East is closing to make way for JCube Condo Residence, a 40-storey residential and commercial development connected to multiple amenities, anticipated to launch in H2 2023. Exact details and pricing yet JCube Residence to be revealed.

The most profitable resale deal at The Sail took place in April 2019, where a 941 sq ft, two-bedroom apartment was sold for $2.45 million ($2,620 psf). This unit was originally acquired for $2 million ($2,128 psf) in November 2012, thus generating $600,000 (30%) in returns in the years before. This works out to an annualised profit of about 4%.

The most profitable resale transaction at Leedon Residence between Feb 28 and March 7 was the sale of a 3,746 sq ft, four-bedroom duplex penthouse. This unit was purchased for $6.7 million ($1,789 psf) on Jan 19, 2018 and sold for $9.5 million ($2,536 psf) on March 2, …

Approximately 646 sq ft, the one-bedroom-plus-study unit at Espada is located in prime District 9 close to Orchard Road. Nestled within the St Thomas Walk neighbourhood and developed by Novelty Group, this freehold unit is being offered as an owner’s sale with a guide price of $1.48 million. It is currently tenanted until 2024 and is being sold with the existing tenancy.

This freehold unit at Espada, located in prime District 9 and close to Orchard Road, is up for auction on March 30. It offers a one-bedroom-plus-study layout, spanning 646 sq ft and is on the 13th floor of the single 32-storey tower comprising 232 units by Novelty Group. Its guide price stands at $1.48 million with a price per square foot (psf) of $2,291.

The unit’s kitchen and dining area are off the main entrance while the living room opens to a balcony with views of St Thomas …

The Singapore Land Authority (SLA) has announced various new collaborations to solve challenges through the use of geospatial technology. At the GEO Connect Asia 2023 trade show and conference on the 15th of March, Senior Minister of State, Ministry of Sustainability and Environment and Ministry of Transport, Dr Amy Khor, announced the new collaborations.

One of which includes an Memorandum of Understanding (MOU) signed with the Container Depot and Logistics Association (Singapore), otherwise known as CDAS. This MOU will continue for two years, involving two entities collaborating to use geospatial data on road conditions and restrictions to help route heavy vehicles operated by CDAS’ member companies.

JCube is set to close its doors in August to make way for a 40-storey residential and commercial development, JCube Condo Residence. The launch of JCube Condo Residence set in the Jurong Lake District will add to the alleviation of JCube Residence pent-up demand …