
Report Notes Prices Dropping On Luxury Properties
Luxury property market prices dropped last year, but people need to move forward with a little caution. Based on the figures of Urban Redevelopment Authority, there was a 1.2% drop in prime district values. However, it still fared better than other areas of the island. The URA said prices dropped 2.8% in the city fringe […]

Manulife Will Purchase DBS’ PwC Building
DBS Group Holding will sell its 28-story PwC building to Manulife for $747 million. The deal is set to go through in March. The amount is based on the property value and Manulife’s repayment of a $402.6 million loan. DBS China Square constructed the building in 1999, with a 355,704 square foot net lettable area. […]