A consortium led by Frasers Property has submitted the highest bid of S$2.1 billion for the Bayshore Drive mixed-use site in Singapore. Spanning over 57,000 square metres, this key parcel will form the only integrated transport, retail and residential hub in the new Bayshore precinct, linking directly to Bedok South MRT station and a new bus interchange.
A joint venture consisting of Frasers Property, CSC Land Group and Sekisui House has announced the upcoming preview of Dunearn House in Singapore. The 380-unit private housing complex is the first and tallest residential development planned within the new Bukit Timah Turf City masterplan. Located in District 11, the 99-year leasehold property will open for previews on 10 July 2026, with sales starting on 25 July 2026.
Vietnamese developer Sun Group has formed a strategic alliance with Singaporean operator The Ascott Limited. The deal introduces 1,700 premium accommodation rooms across Ho Chi Minh City and Phu Quoc. Four distinct international hospitality brands will be deployed to capture diverse traveler demographics. Notably, the partnership debuts the lifestyle concepts lyf and HARRIS in Vietnam, aiming to prolong visitor stays and elevate local tourism competitiveness.
Megaworld has announced plans to develop a signature Beach Club within its 84-hectare Ilocandia Coastown in Laoag City. The facility will be situated along a 1.4-kilometer coastline and draws inspiration from Singapore’s Sentosa Island. This new development follows the commercial success of the township’s residential village and aims to establish a premier lifestyle hub in the Ilocos Region.
IOI Properties Group has acquired Asia Square Tower 2 in Marina Bay for S$2.476 billion from CapitaLand Integrated Commercial Trust. The deal increases the group’s Singapore assets under management to S$10 billion. With a high occupancy rate of 95.8%, the Grade A office tower joins a portfolio including South Beach Tower and IOI Central Boulevard Towers, making the group a major landlord in the Central Business District.
City Developments Limited has launched a S$2 billion multicurrency perpetual securities issuance programme. The Singapore-based property giant appointed United Overseas Bank Limited to manage the scheme as arranger and dealer. Funds raised through the programme will be used to support the group's general working capital needs and to refinance its current debts. The securities will be offered primarily to institutional and accredited investors in Singapore.
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