Tag: real estate

Dyson to transform nightlife complex into research headquarters

British technology company Dyson has picked the former power plant and nightclub as its new Singapore headquarters. The historic St James Power Station has a colourful afterlife. The building was constructed and officially opened in 1927 and housed the country's first coal-fired power plant. It was decommissioned...

Mixed-use development Paya Lebar Quarter officially opens

The Independent Singapore just got a hot new neighbour. Located just beside The Independent Singapore's office in Paya Lebar Square, the new Paya Lebar Quarter (PLQ) development by Lendlease was officially launched on Thursday (Oct 24). Valued at S$3.7 billion, the Paya Lebar Quarter is reportedly...

James Dyson set to buy coveted Singaporean GCB near Unesco World Heritage Site

Singapore—James Dyson, the billionaire inventor, is set to buy a bungalow at the highly upscale area in Cluny Road facing the Botanic Gardens, which happens to be the country’s first Unesco World Heritage Site. This is Mr Dyson’s second such notable purchase in a short span...

WeWork shakes up commercial real estate – like it or not

by Juliette MICHEL With its free coffee, couches and glass partitions, shared workspace startup WeWork has shaken up both office culture and commercial real estate. Brushing aside questions about its business model, the New York outfit shows no signs of slowing down and is now preparing...

Johor developers urge government to review restrictions for foreigners wanting to buy real estate in Malaysia

According to a restriction enforced in 2014, foreigners cannot buy Malaysian property that costs less than RM1million (S$329,145). Now, the Johor Real Estate and Housing Developers Association (Rehda) is calling on the government to revise the current policy in order to boost real estate...

Agency proposes start-up grant to encourage more real estate salespersons

According to a recent survey by the Council of Estate Agencies (CEA), 72 percent of respondents expressed an interest in dealing with property agents for future transactions.  Recent trends also show that customers are more likely to turn to technology for the convenience of...

New study shows only top 5% earners in Singapore can buy landed property

A study from financial information site ValueChampion shows that only the top wage earners in the country can actually afford to purchase an average terrace house sold in H1. Lawyers, financial directors, CEOs, specialist medical practitioners, and the like, or those who make about...