SITE IN SG’S NEWTON AREA TO LAUNCH FOR $145M AND MORE ASIA REAL ESTATE HEADLINES
by Mingtiandi
Singapore’s collective sale gold rush leads the roundup again, as two en bloc housing project hit the market on consecutive days, asking a total of $238 million. Also in the headlines, a fast-growing startup that supplies prefabricated homes has scored a new deal in the Philippines, but China is said to be dragging its feet on rolling out the country’s first real estate investment trust. A glut of hotel rooms in Singapore seems to be easing, and a recently renovated building in downtown Los Angeles owned by Goodwin Gaw’s Downtown Properties has landed a big lease from a football club, so read on for all the details.
The Cairnhill Astoria redevelopment site in Singapore’s District 9 is zoned to offer 200 apartments
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