Pandemic may have boosted demand for Sentosa properties
Prices and transaction volumes for Sensota properties grew from 2019 to 2020 and this increase continued in the first half of 2021.
Continue Reading • 10 Aug 2021
Owners of International Plaza gives green light for en bloc attempt
This could potentially make it the largest collective sale in the nation’s history both in terms of units and value. Photo: Edmund Tie
Continue Reading • 6 Aug 2021
Government exploring ways to keep public housing accessible
The Government is working on making public housing, especially in prime areas, more inclusive amid growing income inequality.
Continue Reading • 6 Aug 2021
Siglap Shopping Centre relaunched for en bloc sale, price unchanged at $120mil
The site could be developed into a “prominent mixed-use development that caters to the lifestyles of residents in the vicinity.
Continue Reading • 5 Aug 2021
HDB awards Tampines EC site for $422mil
The price works out to a land rate of $659 per sq ft per plot ratio (psf ppr), which is the highest land rate for an EC site to date.
Continue Reading • 4 Aug 2021
HDB sets aside 800 more rental flats under PPHS and introduce new eligibility conditions
Priority will be given to married couples with children aged 18 years and below, and a household income ceiling of $7,000 will also be introduced.
Continue Reading • 4 Aug 2021
Sales in prime non-landed, landed homes market up in H1 2021
In the first half of 2021, 245 non-landed residential units sold for a total of $2 billion, while 403 landed homes above $5 million were sold for a total of about $4.3 billion.
Continue Reading • 3 Aug 2021
Demand for BTO flats in Dover Forest expected to be high
Prices for the BTO flats in Dover Forest is expected to be close to the launch price of the Bukit Merah BTO exercise in May 2021, with 4-room flats starting around $600,000 to $700,000.
Continue Reading • 2 Aug 2021
DBSS flat in Bishan sold for record $1.295mil
The previous record for an HDB resale unit was set in June, when a 49-year old terraced house in Whampoa was sold for $1.268 million.
Continue Reading • 2 Aug 2021
Development plans for Ulu Pandan has been revised, says HDB
The eastern half of Ulu Pandan will be developed, with five hectares of greenery set aside for park and recreational use; plans for the western half will be reviewed again in about 10 years’ time.
Continue Reading • 30 Jul 2021
Lentor Central site awarded to GuocoLand
The Lentor Central site will be redeveloped into a mixed-use development, with 600 residential units and more than 96,000 sq ft of commercial, food and beverage and retail spaces.
Continue Reading • 30 Jul 2021
Auction success rate to exceed 5% this year
The auction success rate was at 6.5% in Q2 2021, with 13 properties, with a gross value of $36.9 million, being sold.
Continue Reading • 29 Jul 2021
Flynn Park makes second attempt at collective sale
Located at 18-22 Yew Siang Road, the 72-unit condominium is up for sale via public tender with a reserve price of $365 million.
Continue Reading • 29 Jul 2021
Proportion of flats under Married Child Priority Scheme cannot be increased, says MND
A third of new flats located in mature estates are already set aside for the Married Child Priority Scheme.
Continue Reading • 28 Jul 2021
More Malay households living in one-, two-room flats
Some reasons explaining why more Malay households were living in smaller flats included young families who needed interim housing while trying to acquire their own flat or families who have financial difficulties.
Continue Reading • 28 Jul 2021
Oxley’s two residential projects obtain TOP
Sea Pavilion Residences and Sixteen35 Residences, which recently TOP-ed and are fully sold, are located at 494 Upper East Coast Road and 16 Geylang Lorong 35 respectively.
Continue Reading • 28 Jul 2021
Any potential measure to reduce EIP’s economic impact should apply to all races
With more HDB flat sellers from minority groups coming forward to appeal the EIP, the Ministry of National Development is carefully studying the situation.
Continue Reading • 27 Jul 2021
Higher construction costs not to be passed down to flat buyers
These higher construction costs stem from factors such as increased manpower costs and reduced productivity due to having to implement safe management measures.
Continue Reading • 27 Jul 2021
HDB to launch over 17,000 BTO flats next year, says Desmond Lee
Despite construction delays brought on by the COVID-19 pandemic, HDB is set to launch at least 17,000 BTO flats in 2022.
Continue Reading • 27 Jul 2021
‘Clustering’ in some neighbourhoods due to purchasing power disparity
Chinese clusters were seen in central areas, while Malay clusters were in the northern and eastern neighbourhoods; Indian clusters were found in Admiralty, Pasir Ris Drive and Boon Lay as well as areas such as Kampong Java and Bendemeer.
Continue Reading • 26 Jul 2021