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ERA Singapore’s virtual real estate gallery returns

ERA Property Mega Show 2021 will be held from the weekend of 5 and 6 June for four weekends (until the weekend of 26 and 27 June) from 10am onwards. Property hunters can attend virtual open houses on the ERA website.

Continue Reading7 Jun 2021

Tengah Garden Walk EC site awarded for $400.3mil

The Tengah Garden Walk EC site will have 12 blocks of up to 14 storeys built on it, with around 620 EC units being put up.

Continue Reading4 Jun 2021

URA awards Ang Mo Kio residential site for $381.4mil

The Ang Mo Kio residential site has been awarded to United Venture Development (2021), a joint venture between UOL Group, Singapore Land Group and Kheng Leong Company.

Continue Reading3 Jun 2021

Record 87 HDB flats sold for at least $1mil in the first five months of 2021

The number of million-dollar HDB flats sold is expected to increase further, as the number of sales for such apartments in 2021 so far have already exceeded the number of transactions in 2020.

Continue Reading2 Jun 2021

Record 43.3 applicants vie for each four-room BTO flat in Bukit Merah

Located along Telok Blangah Drive, 430 applicants vied for the May 2021 Telok Blangah Beacon BTO units, with 4-room flats priced from $602,000 excluding grants.

Continue Reading1 Jun 2021

En bloc sales creating environmental problems?

With en bloc sales picking up and like to come back in 2021, questions surrounding sustainability and the environmental cost of tearing down a building before the tenure of the land is up arise.

Continue Reading31 May 2021

PropertyGuru to acquire iProperty Malaysia and thinkofliving Thailand from REA Group

As part of the agreement, Australia-based REA Group will receive an 18% equity interest in the enlarged PropertyGuru Group and appoint a Director to the Board.

Continue Reading31 May 2021

Experts: Greening older buildings much trickier

Efforts to reduce an older building’s carbon footprint is more complex since one has to deal with various existing parameters.

Continue Reading28 May 2021

Two residential sites at Jalan Tembusu and Tampines Street 62 released for sale in the GLS Reserve List

Jalan Tembusu site under the Reserve List in the 1H 2021 Government Land Sales.

Continue Reading28 May 2021

CDL-MCL Land JV submits top bid for Tengah Garden Walk EC site

Taurus Properties, a 50:50 joint venture between City Developments Limited (CDL) MCL Land, submitted the highest bid of $400.3 million, which works out to $603 per sq ft per plot ratio (psf ppr).

Continue Reading27 May 2021

Ang Mo Kio GLS residential site attracts 15 bids, with top bid of $381.4 million

A 60:20:20 joint venture between UOL Group Limited, Singapore Land Group Limited and Kheng Leong Company submitted the highest bid of $381.4 million or $1,118 psf ppr.

Continue Reading27 May 2021

HDB launches 3,879 BTO flats, 2,494 balance flats for this month

This is the largest May BTO launch since 2018.

Continue Reading25 May 2021

Grace period at HDB, URA car parks increased to 20 minutes

CapitaLand has also extended the grace period for parking at its malls.

Continue Reading24 May 2021

Local tech entrepreneur buys Cluny Hill property for record $4,291 psf

The price works out to a record $4,291 per sq ft (psf) based on the site’s 14,843 sq ft land area – breaking the previous high set by a Nassim Road bungalow, which was sold for $4,005 psf in March this year.

Continue Reading24 May 2021

Brunei temporarily suspends reciprocal green lane with Singapore

After the recent spike in COVID-19 cases in Singapore, Brunei has temporarily suspended its reciprocal green lane arrangement with the city-state.

Continue Reading21 May 2021

CDL sees signs of operational improvements in Q1 2021

In the first quarter of 2021, CDL and its joint venture associates sold 319 units, with a total sales value of S$513.6 million, up 72% from one year ago.

Continue Reading20 May 2021

Condominiums take extra precaution to ensure residents’ safety

Of the 10 condominiums surveyed, most kept their pools open with a maximum of two persons in a group allowed. Some banned visitors and limited the number of persons in the pool at any one time.

Continue Reading20 May 2021

A pair of four-storey buildings at Kim Keat Road on sale for $15.7mil

The site is zoned for residential with commercial at first storey use under the 2019 Master Plan, with a gross plot ratio of 3.0.

Continue Reading19 May 2021

Roxy-Pacific associate buys 999-year leasehold site at 11 Institution Hill for $23mil

The leasehold site at 11 Institution Hill has an estimated total area of 5,539 sq ft.

Continue Reading18 May 2021

New private home sales down 2.6% in April

New private homes in the Rest of Central Region (RCR) accounted for the bulk of sales last month at 40.2% of the 1,262 units in April 2021.

Continue Reading18 May 2021