Chinatown Hotel in Singapore sold for S$31 mil
SINGAPORE (July 14) Three adjoining freehold shophouses on Teck Lim Road, off Keong Saik Road, have been sold to Hilltop Capital, an entity linked to Aw & Sons and Aw Kim Cheng Realty.
Setia Awan to launch mixed-use development in Kampar
It looks like the small town of Kampar, Perak can no longer be described as “sleepy”.
The Starling Mall expects 100% occupancy by end of the year
PETALING JAYA (May 25): See Hoy Chan Sdn Bhd Group, the developer of The Starling Mall located in Damansara Uptown, Damansara Utama, is confident of achieving full occupancy for the mall by the year end.
Losses mount in resale market in Singapore
The take-up rate of new homes, as measured by the sales-to-launch ratio, has dropped from 117% in March to 96% last month, notes Nicholas Mak, executive director of research and consultancy at SLP International.
Savills Investment Management to grow Asian footprint
LAST November, Savills Investment Management divested two assets in Singapore — its stake in Chinatown Point to partners Perennial Real Estate Holdings and Singapore Press Holdings for S$92.
Keong Saik Road’s second wave of gentrification
IN early March, Chinatown Hotel on Teck Lim Road was put up for sale.
DONE DEAL: Ground floor of a two-storey shoplot, Jelutong, Penang
Rented for: RM3,200 a month Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999) When: Nov 21, 2016 Noteworthy: ● Leasehold ● 1,400 sq ft ● Ground floor of a two-storey shoplot ● Nearby amenities include F&B outlets, banks, mini market and Maritime Auto Mall ● About 5km away from George Town, 13km away from Penang International airport in Bayan Lepas and 6km to the Penang Bridge The unit is situated at Lebuh Sungai Pinang 1 in Jelutong, Penang, right behind Persiaran Karpal Singh, which is now one of the most popular chill-out places for locals and tourists owing to its fabulous sea view and a wide range of F&B choices.
Penang residential transactions forecast to rise in 1Q2017
KUALA LUMPUR (March 25): The number of residential property transactions in Penang is forecast to increase to 2,527 transactions in 1Q2017 compared with 2,297 transactions in the previous quarter, while the total value of transactions is expected to rise to RM1.
