Newsroom

Newsroom

Monday, 4th March 2024

6 commercial units within Peninsula Plaza are up for sale via EOI

A portfolio of six commercial units within Peninsula Plaza is up for sale by expression of interest (EOI) with a guide price of $8.6m to $9.0m. The EOI will close on 17 April 2024, Wednesday at 3 pm. Buyers can purchase the units individually or as a portfolio. ... [Read more]

Monday, 4th March 2024

Six commercial units in Peninsula Plaza launched for sale from $8.6 mil

Six strata commercial units within Peninsula Plaza on North Bridge Road have been put on the market by an Expression of Interest (EOI) exercise. Collectively, the six units have a guide price of $8.6 million to $9 million, according to a March 4 press release by appointed marketing agent Sakal Real Estate Partners. ... [Read more]

Tuesday, 11th July 2023

Four adjoining new F&B, retail units for sale

Tedge Retail, a four adjoining freehold brand new food and beverage and retail units, at the junction of Changi Road and Telok Kurau is for sale for $19m through the expression of interest... [Read more]

Monday, 10th July 2023

Commercial podium at Tedge on the market for $18 mil

SINGAPORE (EDGEPROP) - Tedge Retail, a collection of four adjoining freehold commercial units along Changi Road, is up for sale through an expression of interest (EOI) exercise with an indicative price of $18 million... [Read more]

Thursday, 25th May 2023

集售项目Kew Lodge以6680万元成交

有地私宅Kew Lodge以6680万元成交 ,比要价高出5%。成为新一轮降温措施后的首个成功集售项目。... [Read more]

Thursday, 25th May 2023

Woh Hup unit buys freehold Kew Lodge at Kheam Hock Road for S$66.8 million

KEW Lodge, a freehold landed residential site at Kheam Hock Road, has been sold to Woh Hup subsidiary Aurum Land in a collective sale for S$66.8 million – a 5 per cent premium over the development’s S$63.8 million guide price... [Read more]

Wednesday, 24th May 2023

Kew Lodge sold for $66.8 mil to Aurum Land in first collective sale since April cooling measures

SINGAPORE (EDGEPROP) - Kew Lodge, a freehold landed residential site at Kheam Hock Road in District 11, has been sold en bloc to Aurum Land, a subsidiary of Woh Hup, for $66.8 million. The collective sale tender for the property closed on May 23. Aurum Land's bid represents a 5% premium over the site's guide price of $63.8 million and works out to a land price of approximately $1,940 psf... [Read more]

Wednesday, 26th April 2023

Kew Lodge up for collective sale at $63.8 mil

SINGAPORE (EDGEPROP) - Kew Lodge, a freehold landed residential site, is up for collective sale by tender for $63.8 million. The asking price translates to $1,853 psf based on the existing site area, according to marketing agent Sakal Real Estate Partners... [Read more]

Wednesday, 26th April 2023

谦福路Kew Lodge集体出售 预示价6380万元

位于谦福路(Kheam Hock Road)的永久地契有地私宅项目Kew Lodge推出集体出售,要价6380万元。 负责销售的高明地产(Sakal Real Estate Partner)星期三(4月26日)透露,若以占地面积计算,指示价相当于每平方尺1853元。 项目总占地面积3万4433平方英尺,目前有11个复式公寓(maisonettes)单位。 ... [Read more]

Friday, 11th November 2022

Stand-off between buyers and sellers in big-ticket property investment deals

SINGAPORE (EDGEPROP) - On Nov 8, three strata-titled office units on the sixth floor of 15 Scotts in the prime Scotts Road and Orchard Road neighbourhood were sold for close to $10.06 million. The price translates to $4,028 psf for the freehold units with a total strata area of 2,497 sq ft... [Read more]

Wednesday, 12th October 2022

Thai buyer pays record S$3,850 psf for top floor of Suntec Tower One

A TWO-TIER market seems to be developing for Singapore office investment sales: Even as some institutional investors are harbouring second thoughts about picking up office buildings at high prices set by owners amid uncertainties and a rising-interest-rate environment, cash-flush Asian investors continue to be drawn to strata office plays in the city state... [Read more]

Wednesday, 12th October 2022

Bali Lane shophouse sold for $23 million; record psf price in Kampong Glam area

SINGAPORE - A shophouse in Bali Lane in the Arab Street area, currently occupied by entertainment venue Blu Jaz Cafe, has changed hands for $23 million. Mr Koh Tuck Lye, co-founder of Chinese venture capital firm Shunwei Capital, lodged a caveat earlier this month for the 999-year leasehold shophouse at 11 Bali Lane, according to a property title information search. ... [Read more]

Monday, 20th September 2021

HK's Far East Consortium inks deal to sell 21 Anderson for S$213m

Sakal Real Estate Partners, a boutique real estate investment advisory, is understood to have brokered the deal by private treaty..... [Read more]

Saturday, 18th September 2021

Kheng Leong buys 21 Anderson en bloc for $213 mil from Far East Consortium

The $213 million purchase price translates to $2,490 psf, based on the gross floor area (GFA) of 85,552 sq ft for the building. The deal is said to be brokered by Steven Ming, founder and managing partner of Sakal Real Estate Partners... [Read more]

Thursday, 15th July 2021

ARA rides the Robinson Road renaissance

A year ago, in the midst of the pandemic, there were some concerns about the structural shifts in the use of office space as working from home became the norm, says Steven Ming, managing partner and co-founder of Sakal Real Estate Partners. “In the last six months,... [Read more]

Sunday, 9th February 2020

Phoenix sells Singapore shophouses to Aberdeen Standard for S$54M

Phoenix Property Investors has disposed of a row of shophouses in Singapore’s Chinatown for S$54 million ($39 million), according to Aberdeen Standard Investments (ASI)... [Read more]

Tuesday, 31st December 2019

ARA fund buys Robinson Centre for $340 mil

A fund managed by Singapore-listed ARA Asset Management has acquired Robinson Centre, a 20-storey office building along Robinson Road. The property has a net lettable area (NLA) of over 130,000 sq ft... [Read more]

Monday, 30th December 2019

ARA Asset Management fund buys Robinson Centre

The Robinson Centre building has been sold to a private fund managed by ARA Asset Management Limited, according to Sakal Real Estate Partners, which managed the transaction... [Read more]

Monday, 16th December 2019

Singapore startup leads brokerage wins with S$340M Robinson Road

Sakal Real Estate Partners tops the deal charts this week as the startup Singapore investment brokerage scooped the big players with its work facilitating the S$340 million sale of a commercial property on Robinson Road... [Read more]

Thursday, 12th December 2019

Start-up SpaceSense helps SMEs make sense of commercial leasing

Steven Ming, together with his co-founders, Eunice Ooi and Joe Kwan, launched a property technology start-up called SpaceSense in June this year to capitalise on this gap in the market... [Read more]

Thursday, 14th February 2019

ARA sells six levels at Suntec City for about S$160m to Alpha Investment Partners

THE wave of office investment sales continues as investors ride on the Singapore office rental recovery story. Two substantial deals involving strata offices were recently sealed - one in Suntec City, and the other at The Octagon in Cecil Street... [Read more]

Monday, 25th June 2018

JLL, Lendlease launch proptech accelerator in Singapore

GLOBAL real estate giants JLL and Lendlease are partnering to launch an accelerator in Singapore to kickstart innovation in real estate, an industry said to have been slow to tech advancements... [Read more]

Wednesday, 30th May 2018

27 Moulmein Rise sold to Roxy-Pacific Holdings associated company

A ROXY-PACIFIC Holdings associated company, RH Novena, has bagged two adjacent freehold residential sites at 27 Moulmein Rise for S$106 million from 27MR... [Read more]

Wednesday, 30th May 2018

Roxy-Pacific associate buys prime residential sites on Moulmein Rise for $106 mil

RH Novena Pte Ltd, an indirect associated company of Singapore-listed property developer Roxy-Pacific, has acquired two adjacent freehold sites on Moulmein Rise for $106 million. The deal was handled by Sakal Real Estate Partners... [Read more]

Monday, 4th March 2024

Portfolio of 6 commercial units within Peninsula Plaza for sale by Expression of Interest (“EOI”)

A portfolio of 6 commercial units within Peninsula Plaza is up for sale by Expression of Interest (“EOI”) with a guide price of S$8.6 to 9.0 million, says the appointed marketing agent Sakal Real Estate Partners (“Sakal”). ... [Read more]

Monday, 10th July 2023

Tedge Retail – 4 adjoining freehold brand new street-fronting F&B and retail units at the junction of Changi Road and Telok Kurau Road for sale by Expression of Interest (“EOI”)

Tedge Retail, 4 adjoining freehold brand new street-fronting F&B and retail units prominently located at the junction of Changi Road and Telok Kurau Road is up for sale by Expression of Interest (“EOI”) with an indicative price S$18.0 million, says the appointed marketing agent Sakal Real Estate Partners (“Sakal”)... [Read more]

Wednesday, 24th May 2023

Kew Lodge sold for S$66.8m to Aurum Land in first collective sale since ABSD hike

SINGAPORE, 24 May 2023 – The collective sale of Kew Lodge, located at 34, 36 Kheam Hock Road in District 11, has concluded successfully, following a strong display of interest over the past month. Aurum Land (Private) Limited, a subsidiary of Woh Hup—one of Singapore's largest privately owned companies—has secured the property for a competitive bid of $66.8 million. ... [Read more]

Wednesday, 26th April 2023

Kew Lodge – Freehold landed residential redevelopment site along Kheam Hock Road for collective sale by tender

Kew Lodge, a freehold landed residential redevelopment site along Kheam Hock Road is up for collective sale by tender with an indicative price S$63.8 million, says marketing agent Sakal Real Estate Partners (“Sakal”)... [Read more]

Monday, 15th August 2022

Prime Conservation Shophouse, 21 New Bridge Road For Sale

Sakal Real Estate Partners is delighted to launch the sale of 21 New Bridge Road, a prime conservation shophouse in District 1, via private treaty... [Read more]

Thursday, 15th October 2020

Launch of our UK Desk

Sakal is pleased to announce the appointment of Christoper McCormick as Head of Capital Markets, UK. Christopher is based in London and will work closely with the Singapore executive team... [Read more]

Monday, 30th December 2019

Press Release - Sale of Robinson Centre, Singapore

A 20-storey investment grade office building in Singapore’s CBD was sold to a private fund managed by ARA Asset Management Limited. Singapore’s commercial real estate market is expected to continue to attract institutional and private wealth investors in the coming new year... [Read more]