Buyer is linked to Master Contract Services, which recently bought Orchid Hotel

It involves the group’s global portfolio and capital allocation priorities

A two-bedroom plus study unit at Gramercy Park draws the most interest, with the highest bid at S$3.75 million

It is expected to maintain a presence in MacDonald House, but exit its Mediapolis and Alexandra Road premises

URA receives six applications for hotel use in the Upper Circular Road street block and one in Beach Road

Deputy group CEO Justin Quek will lead operations of Realion Group, and Christopher Ng will oversee ETC

The Republic should create clearer pathways for conversion and development

Builders face higher material costs, rising fuel prices and persistent labour shortages

Average prices are down 3.3% in the 12 months through July, the sharpest fall since January 2024

The prime District 9 site could be redeveloped into a long-stay serviced apartment project

The Northern Metropolis is expected to provide 70,000 homes over the next five years

It will test investor appetite for trophy real estate in a market where transactions have cooled

Tax revenue from home sales dives more than 20% in August

The mixed-use development is directly linked to Lakeside MRT station

Tender draws 7 bids in total; Eco World’s S$208.1 million offer is higher than expected

Developers sell 153 private homes during the period, similar to June when no new launches were marketed

The property is expected to draw interest from private wealth investors and family offices

Economic growth is at risk of falling below the official annual target of 4.5 to 5% for a second straight quarter

Annual price decline narrows to 3% in August from 3.2% in July

More commercial establishments are closing this year, with many attempting to sell their operations first

PSD will refer any issue to the CPIB ‘if there is a material basis to do so’

In total, 61 landlords have left the public markets since the peak at the start of the decade

Volumes remain subdued amid housing downturn 

The buyer has not been publicly disclosed; listings for the property have not shied away from its association with the U...