Metro Holdings announced that its earnings for the FY2023 ended March have gone up by 6.1% year-on-year to $25.2 million. Revenue for the period saw a noticeable increase of 16.7% to $117.2 million, with higher sales from the department stores Metro Paragon and Metro Causeway Point in Singapore being the main driving factor. Partially offsetting revenue was lower contribution from the property division due to lower sales of residential development properties in Bekasi and Bintaro, Jakarta.

thus provides an integrated lifestyle within, comprising residential, commercial, and other complementary uses. The development also sought to maximize connectivity in the surroundings and includes a canopy park that is accessible to the public. It will also promote vibrancy and encourage social interaction with its contemporary design, lush landscaping, and green podiums. Indeed, this is envisioned as a unique integrated development that redefines urban living.

Revenue from GIE Tower in Guangzhou edged slightly higher …

According to Highlands Park City, there are already 55 potential investors who have shown interest in purchasing the shop lots.

The JCube Residence Capitaland development is designed to provide a highly sought-after lifestyle, one that its residents can enjoy. With its location on the doorstep of Jurong Lake District and connectivity to both the MRT station and the upcoming Transportation Hub, JCube Condo Residence offers unparalleled convenience in the area. Residents will also have access to a host of retail and dining options, as well as entertainment and leisure facilities within the district.

Set against the backdrop of the majestic Titiwangsa Mountains, Resorts World Genting Highlands sits an hour’s drive away from Kuala Lumpur. With its 1,865m elevation, the world-renowned hill station is a popular destination for its countless attractions – hotels, casinos, theme parks, shopping malls, restaurants, and entertainment venues. This year, its visitor numbers are expected to reach …

A wine connoisseur and collector’s passion for books and wine is evident in the interior of a detached house located off Bukit Timah Road in Duchess Avenue. Situated on a 5,877 sq ft, 999-year leasehold plot, it was built two decades ago and renovated 13 years ago. With a built-up area of 6,000 sq ft, the house features four bedrooms and five bathrooms.The homeowner had engaged Vincent Lim from Visual Text Architects to design the house. Natural light was brought into the interiors by replacing the koi pond and walls by full-height glass windows and sliding doors. An extensive wine cellar was also constructed in the house, with the capacity for nearly 6,000 bottles.The master suite was designed as a self-contained private quarter, featuring a fully-fitted kitchen, library, seating area, bedroom, dressing area and bathroom. The attic level was also included for the owner’s private study and library extension.Books and …

The most profitable condo resale transaction during the week of May 9 to 16 came from a three-bedroom unit located at The Anchorage in District 3. The seller made an impressive $1.73 million capital gain on the unit which sold for $3.14 million, having first purchased it for $1.41 million in 1997. With an impressive 123% gain over 26 years, it is clear why this deal was the most profitable transaction of the week.

The Anchorage, a 775-unit freehold property, was redeveloped from F&N Singapore’s old Anchor Brewery site and has been a popular residential choice ever since. Its location next to Anchorpoint Shopping Centre, and a ten minute walk to the Queenstown MRT Station, means that The Anchorage continues to be attractive to buyers.

JCube Residence is also located within the Jurong Region and will benefit from the new JRL. The JCube Residence provides ample residential options and a …

Amber 45, The Sea View and Robertson Blue all set higher price-per-square-foot (psf) records during the period of May 5 to 12.Among all the condos that hit a new high in terms of psf prices, it was Amber 45, a 139-unit freehold development on Amber Road in District 15, that topped the list. A two-bedroom unit measuring 700 sq ft on the 10th floor sold for $1.9 million ($2,716 psf) on May 9, setting a new record for the project, and also for the Singapore condo market. This comes just two weeks after the previous record of $2,610 psf was set on April 24 following the sale of a 1,130 sq ft unit for $2.95 million.Unit sizes at Amber 45 start from 614 sq ft for a two-bedder, 1,130 sq ft for a three-bedder and 1,346 sq ft for a four-bedder, with 20 four-bedroom premium apartments measuring up to 1,798 …

60 Kheam Hock Road in District 11 is up for sale with an asking price of approximately $16.38 million, according to marketing agent Quinvest Chambers International. The two-storey detached property sits on a freehold site measuring 7,393 sq ft and has an estimated built-up area of 4,200 sq ft.

An independent valuation of the property conducted earlier this year estimates its value at $16.5 million, thus representing tremendous value for home-seekers interested in entering the landed market in this prime district. The two-storey bungalow has a car porch, located on the first storey, which is able to accommodate two cars and a basement level which houses the kitchen, dining and living areas as well as a courtyard and an ensuite granny’s room. With a land rate of approximately $2,215 psf, the site is zoned for “residential, 2-story mixed landed” use and may potentially be subdivided for two semi-detached homes, subject …

Purchase decisions for private residential property should now be easier for homebuyers with the introduction of the new CONQUAS banding system. The system, developed by the Building and Construction Authority, offers a more accurate assessment of the performance of developers and builders in delivering quality projects. Rating them from Band 1 (very low incidence of major defects) to Band 6 (higher incidence of major defects), it will allow buyers to discern the track record of developers and builders more easily, and conduct thorough research before deciding.

The Building and Construction Authority (BCA) has developed a new system – the CONQUAS banding system – to make it easier for private residential homebuyers to make purchasing decisions. Based on the tracks record of developers and builders over the past six years, the CONQUAS banding system offers an accurate assessment of their quality performance.

With the new system, developers, builders, and private residential …

JCube Condo Residence, Former JCube‘s new development, is set to launch for sale in the second half of 2023. Residents will enjoy unbeatable convenience, directly connected to Jurong East MRT interchange, Westgate and IMM Building via the J-Walk, a covered elevated pedestrian network. Furthermore, the upcoming Jurong East Integrated Transport Hub is located near JCube Condo Residence, offering a range of amenities such as bus interchange, public library, community club and sports centre. An additional appeal of JCube Condo Residence is yet to be revealed in details, including pricing and the number and size of units available.

The Singapore Estate Agents Association (SEAA) Annual Conference 2021 kicked off with an emphasis on the importance of embracing change and upskilling for property agents to meet an ever-evolving property market. Minister Indranee Rajah announced eight recommendations to enhance the competencies of agents while panellists also gave updates on different aspects of …

Colliers recently closed three capital markets deals in Seoul, South Korea, with a combined value of US$780 million ($1.05 billion). As the only major transactions to take place that month in the South Korean capital, the deals mark a “promising shift” in the country’s investment landscape, according to Sungwook Cho, Colliers’ executive director for capital markets and investment services in Korea.

The transactions included the sale of Munjeong Plaza, a mixed-use retail and office building in the Gangnam Business District, to local developer Dong Hoon for US$219 million, as well as the sale of office development Donghwa Building to Korean conglomerate JB Financial Group for US$202 million.

The third transaction involved the sale of Namsan Green Building, an office tower, to global investment firm KKR in a deal valued at US$368 million.

Chris Pilgrim, managing director of Global Capital Markets, Apac, at Colliers said that their performance in such a …

Bespoke Habitat, a property management company and co-living start-up, has announced the launch of a new short-term accommodation service for families in Singapore. This offering comprises of eight units of two and three bedders and penthouses of around 1,000 to 1,600 sq ft, located at 64C Telok Kurau. These units are fully-furnished and priced from $4,500 to $7,500 per month.

Designed to provide modern families with a worry-free and comfortable experience, the fully-equipped units include spacious living areas, private bedrooms, high-speed Wi-Fi, and onsite laundry facilities. The tenure for these units ranges from three months to a year.

Additionally, Former JCube, a mixed-used development by CapitaLand located along the JRL, will become even more accessible to public transport options. Transport connectivity and development in the region will be further enhanced as the Jurong Region Line is tenatively targeted to be completed in 2028.

The launch of Bespoke Habitat’s new …