Singapore's luxury non-landed home sales plummet 52.9% to S$659.2m in 1H20

11 Aug 2020 - Singapore Business Review
Prime landed home sales also declined 23.1% to S$1b. Property consultancy firm Knight Frank notes that demand for prime landed and non-landed homes were hit by the economic uncertainties brought about by the COVID-19 outbreak, but sales are expected to rebound in the second half of 2020 as restrictions ...
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Chart of the Day: Residential sector led property deals in Q1

20 Apr 2020 - Singapore Business Review
Residential investment was boosted by public land sales. This chart from Colliers International showed that the residential sector led the total property investment volume in Q1 with a 51% share, the first time since Q3 2018. It is followed by the industrial and commercial sectors, with shares of 28% ...
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Oei Tiong Ham Park GCB in District 10 up for sale with S$23m guide price

11 Nov 2019 - The Business Times
A GOOD class bungalow (GCB) located at Oei Tiong Ham Park – a designated GCB area – is up for sale via auction with a S$23 million guide price. The District 10 freehold property has a land size of 15,216 square feet (sq ft) and floor size of 6,000 sq ft, which works out to a price of S$1,511.57 per square ...
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Daily Briefing: District 21 GCB put up for auction at $23m; Personalised skincare startup Yours scores $4.83m seed funding

10 Oct 2019 - Singapore Business Review
And Golden Gate Ventures leads the pre-Series A round of an Indonesian workforce startup. From PropertyGuru: A good class bungalow (GCB) in District 21 will once again be put up for public auction by its owner on 16 October at Amara Hotel, Level 3, with the guide price unchanged at $23m, reported Knight ...
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Daily Briefing: Bali-style GCB to tender at $23m; Chemical separation tech firm SEPPURE secures $2.6m seed fund

17 Sep 2019 - Singapore Business Review
And here’s how firms could tap into a fast-growing esports and gaming culture. From iCompareLoan: A Bali-resort-styled good class bungalow (GCB) in Kilburn Estate is up for auction at $23m, according to Knight Frank Singapore. Located at 18A Yarwood Avenue, the 999-year leasehold two-storey GCB has a ...
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Daily Briefing: HDB rolls out AI system for construction worker safety; Jervois Road GCB for sale at $38.8m

16 Sep 2019 - Singapore Business Review
And MAS opens applications for bicentennial $20 notes. From Channel News Asia: The Housing and Development Board (HDB) has rolled out the use of artificial intelligence (AI) to enhance worker safety at its construction sites. This AI system will focus on two scenarios which are common causes of worksite ...
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Chart of the Day: Check out the nine GCB sold in H1 2019

10 Sep 2019 - Singapore Business Review
16 Jervois Hill at Chatsworth Park went for $30.9m. This chart from Knight Frank shows the nine good class bungalows (GCB) that traded hands during the first half of the year, with a total transaction price of $211m. Also read: Chart of the Day: GCB sales crashed 45.3% to $211.9m in H2 Based on the caveats, ...
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Daily Briefing: Peacocks put damper on Sentosa's automated bus trials; Chestnut Crescent GCB for sale at $9m

28 Aug 2019 - Singapore Business Review
And here’s how Singapore copes with the effect of an ageing population on its workforce. From Reuters: Roaming peacocks, meandering tourists and curbside bushes were all causing headaches this week for operators of one of the first autonomous bus shuttle services to hit public roads in Singapore. Singapore, ...
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Daily Briefing: Automotive marketplace Carro raises $124.6m in Series B round; Belmont Road GCB relaunched for sale at lower price of $40.8m

6 Aug 2019 - Singapore Business Review
And Foodpanda is setting up its SEA headquarters in Singapore. From PropertyGuru: After failing to sell at an auction, a Good Class Bungalow (GCB) at 80 Belmont Road has been re-launched for sale through private treaty, with the guide price lowered to $40.8m.The property, which was owned by The Stratech ...
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Chart of the Day: GCB sales crashed 45.3% to $211.9m in H2

11 Jul 2019 - Singapore Business Review
Its median unit price also fell 25.8% to $1,166. This chart from Knight Frank showed that the l sales of good class bungalows (GCB) plunged 45.3% in the first six months of 2019. There were nine GCB deals during the period with the $39.8m sale of 63 Belmont Park being the most expensive. As it is a newly ...
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