Luxury

City Developments Limited (CDL) is taking a second bite of the cherry with plans to redevelop Katong condominium Amber Park, which it built in 1986, into a far bigger project. It beat seven other bidders with a $906.7 million offer as the 200-unit estate finally made good on its fourth attempt at a collective sale. With a price tag well above the $768 million reserve, Amber Park has also set a record...

Freehold condominium Amber Park fetched $906.7 million yesterday in a collective sale, the latest of several big-money transactions, but industry bigwigs are at odds over whether the residential market is heading for a major rebound. The record sale for a freehold site, clinched by City Developments Limited, comes on the heels of a string of large collective sale deals, including Tampines Court at $970...

SINGAPORE - The en-bloc boom has prompted freehold Cairnhill Mansions to try to pull off a collective sale - its fifth attempt. It has won the backing of more than 80 per cent of the owners threshold and a public tender will soon be called, marketing agent CBRE said on Thursday (Oct 5). Home owners are hoping for at least $362 million for the prime 61-apartment property, which has a roughly 172,240...

SINGAPORE - Eighteen real estate projects were lauded for being well built at an industry gala on Friday (Oct 6) and will go on to compete on the world stage. They were rated on criteria such as design, functionality and sustainability for the Singapore Property Awards, organised by the national chapter of Paris-based international real estate federation Fiabci. The 18 winners, which include hotels...

There is plenty of sparkle and flair in the urban landscape here, going by the gongs bestowed at a major awards gala last night. Prizes - judged on criteria such as design, functionality, and community and environmental impact - were conferred on 18 real estate projects that will now go on to compete on the world stage next year. The hotels, homes, and office and industrial buildings were feted...

URA's flash estimates show that the overall price increase was driven by condominium and apartment prices in the suburbs LEE MEIXIAN THIRD-QUARTER flash estimates for private home prices have showed the first uptick after four years - 15 straight quarters - of decline. The private residential property index of the Urban Redevelopment Authority (URA) rose 0.5 per cent in Q3, compared to a 0.1 per...

By  KELLY NG SINGAPORE— In a sign developers are increasingly bullish about the private residential property market, two local developers have jointly snapped up the 200-unit Amber Park in Katong, marking the Republic’s largest freehold collective sale by dollar value. The S$906.7 million deal went to City Developments’ (CDL) wholly owned subsidiary Cityzens Development and Hong...