SG’S NEWTON AREA TO LAUNCH FOR $145M

SITE IN SG’S NEWTON AREA TO LAUNCH FOR $145M AND MORE ASIA REAL ESTATE HEADLINES

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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