A freehold hotel development site in the Orchard Road precinct is up for sale, for above $155 million. JLL’s Hotels & Hospitality Group and Cushman & Wakefield are joint exclusive advisers to Lucrum Capital for the sale of the site.
Decrease of 0.2 % detected in Singapore’s private condominium and apartment rentals. At the same time, HDB rents fell by 0.8 % as well in June from May and volumes keep on dropping, too.