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Just like Katie Perry’s California girls, our property market is pretty hot. Or like Katie Perry, our property is hot.
But lets not digress from this thread. Park Regis hotel at New Market Street/Merchant Road near the Singapore River, which is said to have been sold for $218 million to Indonesian mining magnate Yusuf Merukh.
On a [...]
Archive for the ‘Commercial’ Category
Hot Investment Done Deals
Posted by Agent Tay on August 3rd, 2010
Posted in 
Freehold or Leashold – again?
Posted by Agent Tay on July 31st, 2010
Every once in a while, someone would write an article making a comparison between leasehold and freehold properties. Of course, when we are referring to leasehold, very often, it is referring to the 99 year leasehold, the 999 year which is as good as it gets, though still leasehold is taken to be equivalent to [...]
Expect a Bidding war for site beside International Plaza
Posted by Agent Tay on July 31st, 2010
The open space between International Plaza and White House (or Wallich Street), which is now a green space/park launched by URA yesterday is expected to fetch over $1 Billion.
International Plaza despite its age, is fetching about $1,400 psf and rentals are still looking attractive at $7 to $8 psf per month. Since this new White [...]
