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Chinese tycoon Du Shuanghua has pulled out of the proposed acquisition of $673 million deal to buy Far East Shopping Centre in Singapore's Orchard Road shopping strip.
Tatler Singapore speaks to industry experts to find out what the central district needs to attract more visitors
From left: Chris Pilgrim, Colliers managing director of global capital markets, Asia Pacific; Luke Dawson, Colliers head of global and EMEA capital markets; and Tang Wei Leng, Colliers head of capital markets and investment services, Singapore (Photo: Albert Chua/EdgeProp Singapore)In the Asia Pacific (Apac) region, real estate sector returns continue to be hampered by interest rate pressures on the cost of capital, says Colliers in its Nov 6 report on Apac 3Q2023 capitalisation (cap) rates. Ove
Lee Yeow Seng has agreed to buy Shenton House, one of the oldest buildings in Singapore’s Raffles Place central business district, for S$538 million.
Pan Pacific Orchard’s biophilic design was created in collaboration with award-winning architectural firm WOHA (Photo: Pan Pacific Orchard).Pan Pacific Orchard, the latest landmark on Orchard Road, claimed the prestigious inaugural Hotel Development Award at the EdgeProp Singapore Excellence Awards (EPEA) in 2023. This luxurious 23-storey hotel, featuring 347 rooms, represents a remarkable redevelopment project that transformed the former Negara Hotel at 10 Claymore Road.Developed jointly by Sin