Tenders for Tanah Merah Kechil Link, Yishun Ave 9 EC sites closed, both sites received 'robust interest'
Experts attributed the strong interest received to the Tanah Merah Kechil Link site’s proximity to the MRT Station and its land size, while the interest for the EC site at Yishun Ave 9 was 'unsurprising' as the last EC sites were sold in 2014.
Continue Reading • 30 Oct 2020
Freehold landed site at District 9 may be launched for sale in few months
The 117,230 sq ft site is owned by the seven sons of the late Cheong Eak Chong – founder of Hong Fok Corporation and Tian Teck group. A two-storey bungalow sits on the site, whose last resident, matriarch Lim Ghee, died in February.
Continue Reading • 29 Oct 2020
ERA Singapore in partnership to help agents capture 3D virtual tours of property
In this partnership, ERA agents will be provided with Matterport's “digital twins” of properties which give prospective house buyers access to comprehensive, virtual, round-the-clock property viewings.
Continue Reading • 28 Oct 2020
The Linq @ Beauty World to preview on 31 Oct
Located at Upper Bukit Timah Road, the 20-storey, mixed-development project will feature 120 residential units and 53 commercial units.
Continue Reading • 28 Oct 2020
OrangeTee: Singaporean home purchases hit new high in Q3, more buyers snapping bigger homes
Christine Sun, Head of Research and Consultancy at OrangeTee and Tie noted that people were more acutely aware of the need to acquire larger unit “to set up a dedicated workspace or small office at home”.
Continue Reading • 27 Oct 2020
HDB’s annual deficit rise to $2.6 billion in FY 2019/2020
The disbursement of Central Provident Fund (CPF) housing grants, decrease in the sales of flats, and the expected loss for flats that are currently under development have been attributed for the figures.
Continue Reading • 26 Oct 2020
Knight Frank sells property at 22% above opening price in first property auction since circuit breaker
Knight Frank conducted its first physical auction since the circuit breaker, with its prized transaction a property at 14 Lorong Kismis for $1.32 million, or 22% above its opening price of $1.1 million
Continue Reading • 26 Oct 2020
Singapore’s private home market shows sign of recovery in Q3
Transaction volume for private homes spiked 164.5% to 7,047 units in Q3 2020 from 2,664 units in Q2 2020, with resale homes accounting for a larger proportion of the total sales.
Continue Reading • 23 Oct 2020
HDB resale prices up 1.5% in Q3 2020
With many buyers flocking back to the market following the end of the circuit breaker, resale volume surged 127.3% to 7,787 units in Q3 2020 from 3,426 units in Q2 2020.
Continue Reading • 23 Oct 2020
Three new members to join Council for Estate Agencies (CEA)
The three new appointed members are Lok Vi Ming, Managing Director of LVM Law Chambers; Ong Choon Fah, CEO of Edmund Tie & Company (SEA); and Thomas Tan, President of Singapore Estate Agents Association.
Continue Reading • 22 Oct 2020
King Albert Park GCB on sale for $45.5mil
The 36,446 sq ft freehold property in District 21 features five bedrooms, a swimming pool and a basement, and is priced at $45.5 million or around $1,248 per sq ft (psf).
Continue Reading • 21 Oct 2020
Developer sales up 11.9% in Q3 2020, Huttons
Sales have been on the uptrend since the Circuit Breaker in April, with September marking the fifth consecutive month of increase in monthly sales. The average size of units purchased have also steadily increased over the last few months.
Continue Reading • 21 Oct 2020
1,000 Tengah households signed in for energy-saving centralised cooling system
The energy-efficient system enables households to save about 15% to 20% in upfront costs compared with present market rates, and up to 30% in life cycle costs, explains SP Group.
Continue Reading • 20 Oct 2020
James Dyson has sold his Wallich Residence penthouse - at a $11.8mil loss
The triplex penthouse in Tanjong Pagar was purchased at $73.8 million last year, and is sold for $62 million or close to $3,000 per sq ft (psf) based on its 21,108 sq ft strata area.
Continue Reading • 19 Oct 2020
New Pasir Panjang Park to focus on cultural, natural history
Slated to open in phases from 2021, the new Pasir Panjang Park will feature Pasir Panjang's rich history with purposefully curated artefacts and programmes by the community, for the community.
Continue Reading • 19 Oct 2020
HDB launches new roadmap for planning, designing towns
Dubbed “Designing for Life”, the roadmap is focused on planning and designing around the physical, mental and social needs of residents.
Continue Reading • 16 Oct 2020
Semi-detached house in Orchard on sale for $12mil
This freehold two-storey semi-detached house is priced at $2,450 per sq ft (psf) based on the 4,896 sq ft land area. It sits 300m away from the upcoming Orchard Boulevard MRT station.
Continue Reading • 16 Oct 2020
New private home sales hit two-year high in September
New home sales in September hit 1,329 units, a 5.6% increase from August's 1,258. Sales also continued to increase for the fifth consecutive month since the circuit breaker measures were implemented.
Continue Reading • 16 Oct 2020
Construction noise limits under review to take into account WFH arrangements
This comes as some residents in Clementi had expressed concern on the noise coming from nearby construction developments during the examination season.
Continue Reading • 15 Oct 2020
70% of matrimonial flats retained by wife following divorce
This data sees around 7,200 transfer applications due to divorce from 2015 to 2019, as received by the Housing and Development Board (HDB).
Continue Reading • 15 Oct 2020