Indonesian Tycoon Pays S$21m For Orchard Condominium

Indonesian tycoon Trihatma Kusuma Haliman is believed to have bought a seventh floor unit at the Le Nouvel Ardmore condominium near Orchard Road for $21 million, reported The Business Times. This translates to $4,006 psf based on the 5,242 sq ft strata area, which includes a strata void area of 280 sq ft. Trihatma controls … Read more

The 20 Richest Real Estate Tycoons

Want to know who the richest property tycoons around the world are? Well…there not from Australia, but the recently released BRW Rich 200 list showed that once again real estate is the vehicle that has created fortunes for many Australians. More than one quarter of those on this year’s rich list made them money from property, … Read more

Singapore’s Richest Property Developers Are Now Poorer

Forbes has just released its 2016 ranking of the world’s richest people, with 17 billionaires from Singapore making it on the prestigious list. Close to half of them are involved in the real estate business, but for many, their fortunes have dwindled amid Singapore’s weak real estate market. Property siblings Philip and Robert Ng topped … Read more