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Real Estate

Selegie Centre, Peace Centre trying for en bloc sale again

Sat, Jun 23, 2018 – 5:50 AM Singapore THE rejuvenation of Selegie Road will move further along if the owners of two buildings there succeed in their collective sale bids. Selegie Centre, a 10-storey freehold commercial building, has obtained approval from around 90 per cent of owners by share value and strata area to launch a tender with a reserve ...

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Once again, Hong Kong has the world's priciest office market

Sat, Jun 23, 2018 – 5:50 AM New York THE rent is due, the rankings are out and it is another year at the top for Hong Kong, the most expensive office market in the world. Occupancy costs – which include rent, local taxes and service charges – for the city’s notoriously pricey Central district are 30 per cent higher ...

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Americans spend most of income on mortgages since 2009

Sat, Jun 23, 2018 – 5:50 AM Boston THE price of being a homeowner in the US touched a nine-year high in the first quarter, with borrowers in some parts of the country spending half their income on mortgages, according to a report released on Thursday by Zillow. The combination of rising home values and interest rates, and incomes that ...

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Swedish builder ignores Trump in bid to make US green again

Fri, Jun 22, 2018 – 5:50 AM Stockholm ONE of the biggest contractors in the US is a Swedish company called Skanska AB. And one of the biggest opportunities it says the US market offers right now is the potential to do a lot more green construction. Lena Hok, Skanska’s senior vice- president, sustainability, says that even though US President ...

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