18 Nov '13, 2am

#SingaporeFools #GlobalREBubble 'SingHaiyi Goes Shopping Stateside' via @SGPropertyGuru

Singapore property developer SingHaiyi Group has acquired Vietnam Town (pictured ), a partially completed commercial condominium development project in San Jose, California, which was placed under receivership, for US$33.05 million. Acquired via a trustee’s auction conducted on November 14, the purchase is the company’s second acquisition of distressed U.S. real estate following the acquisition of Tri-County Mall in Cincinnati, Ohio, for US$45 million in September. SingHaiyi said its acquisition price for Vietnam Town of US$33.05 million includes US$29.8 million to repay an outstanding secured debt, and the balance US$3.25 million for the freehold project, which comprises several parcels of land on a total site size of 853,502 sq ft. Of the 256 planned condominium units – each about 1,000 sq ft – 115 have been built and 64 have been sold. Launched in 2005, the project star...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

#GlobalREBubble #Singapore 'Foreign Buying Boos...

propertyguru.com.sg 18 Nov '13, 12am

Nov 18, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Overseas property buyers in Myanmar are now a...

COLLECTION 269 NOW LAUNCHED!!! <3<3<3 HAPPY SHO...

// Please fill up the form below accurately. Submit only once. // An invoice will be sent to you shortly. // Please check ...

Property measures limited foreign buying, specu...

propertyguru.com.sg 19 Nov '13, 2am

The number of foreigners buying property in Singapore fell to 330 or seven percent of overall private property transaction...

Sales of shoebox units most active in suburbs -...

propertyguru.com.sg 19 Nov '13, 1am

With its lower price quantum and higher rental yields, shoebox units or units that are 50 sq m and below are gaining popul...

Singapore’s economy is expected to grow by up t...

propertyguru.com.sg 18 Nov '13, 5am

Singapore’s economy is expected to grow by up to 3.7 percent in 2013, revealed the latest Business Times-UniSim Business C...

Johor to impose 2% levy on foreigners - Propert...

propertyguru.com.sg 14 Nov '13, 1pm

Although this is lower than the rate of four to five percent proposed earlier, it is still more than double the current RM...

#GlobalREBubble #Singapore 'Sembawang EC Over 5...

propertyguru.com.sg 20 Nov '13, 6am

) attracted healthy interest over the launch weekend with more than 50 percent of its 506 units sold. The project, the fir...

COLLECTION 271 NOW LAUNCHED!!! <3<3<3 HAPPY SHO...

// Please fill up the form below accurately. Submit only once. // An invoice will be sent to you shortly. // Please check ...

#GlobalREBubble #EuropeBubble 'Chinese Grabbing...

propertyguru.com.sg 20 Nov '13, 12am

Many other European nations offer similar schemes, including Spain’s ‘golden visa’ that was approved in September, which a...

Strong response to DUO Residences preview - Pro...

propertyguru.com.sg 15 Nov '13, 11am

The residential component of the integrated development DUO located in Bugis has received overwhelming response during pre...

David Beckham to make property debut in Singapo...

propertyguru.com.sg 28 Nov '13, 6am

This partnership will see the development of retail, leisure and dining concepts at Marina Bay Sands Singapore and Sands C...

David Beckham to make property debut in Singapo...

propertyguru.com.sg 28 Nov '13, 6am

This partnership will see the development of retail, leisure and dining concepts at Marina Bay Sands Singapore and Sands C...

David Beckham to make property debut in Singapo...

propertyguru.com.sg 28 Nov '13, 6am

This partnership will see the development of retail, leisure and dining concepts at Marina Bay Sands Singapore and Sands C...

David Beckham to make property debut in Singapo...

propertyguru.com.sg 28 Nov '13, 6am

This partnership will see the development of retail, leisure and dining concepts at Marina Bay Sands Singapore and Sands C...

Chinese offshore property investment surged 25%...

propertyguru.com.sg 15 Nov '13, 7am

Chinese offshore property investment surged 25 percent year-on-year at the end of Q3 2013, according to Jones Lang LaSalle...