Consultants attributed the fall in sales to the onslaught of tighter Covid-19 restrictions, causing developers to hold their property launches.
Within Sun Group’s Tay Ho View Complex in Hanoi, Ascott will manage 1,905 units across three distinct serviced residence brands.
The newer office developments in the area are “thoughtfully designed, efficient, well-finished, richly landscaped with urban parks and seamlessly connected to transport infrastructure and surrounding developments,” highlights the report.
To be eligible for the programme, start-ups must be based in Singapore, looking to scale internationally, and founded within the last five years
The Standard, Singapore, will comprise 143 rooms and feature the brand’s signature restaurant, nightlife vibrancy, an infinity pool and pool bar within a botanical courtyard
Although majority of the respondents leaning towards having their staff working from office, workplace safety remained as main concern. Hence, corporations are thinking of adopting hybrid model, to incorporate flexibility in real estate.
The property spans 752,015 sq ft, and has a balance lease of 73 years. An application has also been made to the Singapore Land Authority for the lease to be extended to a fresh 99-year lease tenure.
In second place is Upper 5th Avenue in New York, at US$2,250 psf per year.
The showcase will be held from 11am to 6pm (Aug 17 to 18) at Hilton Singapore, and will offer buyers an early bird incentive of up to S$34,000 (RM103,000) in value.