SG Property News | March 11 2025
Singapore property news roundup for Tuesday, March 11, 2025. Headlines link to the original publishers.
Strata commercial units at GB Building for sale at $70 mil
Edgeprop
A portfolio of strata units at GB Building, a commercial development at 143 Cecil Street, is up for sale through an expression of interest (EOI) exercise with a guide price of $70 million. The portfolio comprises a ground-floor unit measuring 13,067 sq ft, which spans the first and second floors, and an office floor measuring 12,594 sq ft. The ground-floor strata unit features a 45m full-glass frontage along Cecil Street.
PropNex marks 25th anniversary with logo rebrand, new leadership appointments
Edgeprop
PropNex, Singapore’s largest real estate agency, is marking its silver jubilee with a fresh new look. The group revealed an updated brand logo at its annual PropNex Sales Summit on Mar 10.
Shareholders question Catherine Wu’s role, new directors’ appointment at CDL of Singapore’s 4th richest man Kwek Leng…
VnExpress International
Will We See An En-Bloc Revival In 2025 Because Of This New Rule?
Stacked Homes
There’s hope yet for the en-bloc scene for bigger properties, as of this week. The Government has announced planned revisions to ABSD deadlines for developers. These will be applied to “complex large-scale urban transformation developments,” in which ABSD deadlines can…
Sim Lian’s Aurelle of Tampines EC 90% sold at an average price of $1,766 psf
EdgeProp Singapore
Hong Leong-led consortium’s Lentor Central Residences achieves 93% sales at an average price of $2,200 psf at launch
EdgeProp Singapore
PropNex Unveils a Bold New Brand Identity and Appoints Key Strategic Leaders; Launches New Property Investment Book
Yahoo Finance
Are Older HDB Maisonettes And Jumbo Flats Worth the Premium? A Deep Dive Into Pricing Trends
Stacked Homes
In recent years, executive maisonettes and jumbo flats have been known to defy gravity and logic, in terms of market returns. These tend to be among the oldest HDB flats, which aren’t even produced anymore. But despite the lease decay,…
Why Lentor Central Residences And Aurelle Sold 1,127 Units In One Weekend
Stacked Homes
It’s been quite the weekend for new launches: Lentor Central Residences and Aurelle of Tampines saw overwhelming demand, with nearly all units snapped up (93 and 90 per cent, respectively). While both projects are in different locations, the strong sales…
Singtel completes Lendlease partnership to redevelop its Comcentre property
Telecompaper EN
4 Singapore REITs with Overseas Properties Yielding 8.3% or More
The Smart Investor