Property News

Lady Hill Road GCB sold at S$24m

THE Good Class Bungalow (GCB) market continues to be busy. The latest transactions include an old freehold house along Lady Hill Road in a prime GCB location which sold for S$24 million. The price works out to S$1,423 psf based on the land area of 16,863 sq ft.

Latest Property Developments

New 83 room Maldives resort to be managed by IHG

SINGAPORE-BASED Hotel Properties Limited (HPL) has inked a management agreement with InterContinental Hotels Group (IHG) to manage an 83-room resort. It will be open in Maldives in three to five years' time.. - 21 September 2016

JTC's new robot aid in building inspection

SINGAPORE'S industrial developer JTC will deploy a robot early next year to help look for architectural defects of an almost-completed project, with the aim of replacing some aspects of human inspection soon.. - 21 September 2016

Axe Brand family buys S$25m shophouses from OCBC

It recently sold a pair of adjacent freehold shophouses at 11 and 13 Bukit Pasoh Road for S$25 million. The buyer is understood to be the Leong family behind the famous homegrown Axe Brand medicated oil.. - 20 September 2016

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