trending Market Intelligence /marketintelligence/en/news-insights/trending/C6LQqgo9ZTI2PMobdL3CbQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Hongkong Land unit scoops up Singapore resi site for S$765.8M

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Hongkong Land unit scoops up Singapore resi site for S$765.8M

Hongkong Land Holdings Ltd. subsidiary MCL Land acquired the Eunosville site in Singapore through a collective sale for about S$765.8 million, The (Singapore) Business Times reported.

The deal translates to S$909 per square foot per plot ratio, including roughly S$194 million payable to the state to top up the site's lease to 99 years from a balance term of about 70 years, among other purposes, according to the June 1 report.

The 376,713-square-foot site is zoned for residential use and holds 330 units, including 255 maisonettes and 75 apartments.

A redevelopment could deliver about 1,399 units with an average size of 70 square meters, the report said, citing marketing agent OrangeTee. It added that following completion of the transaction, each owner is set to receive a gross sale sum of about S$2.25 million to S$2.41 million.

As of May 31, US$1 was equivalent to S$1.38.