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URA closes tender for Canberra Drive and Fernvale Lane sites

Parcels A and B received five and four bids respectively, while the EC site at Fernvale Lane was hotly-contested, with seven bids.

Continue Reading4 Mar 2020

548-unit OLÁ Residences gets 1,163 e-applications

The e-applications for the development was more than double than the 548 units offered.

Continue Reading3 Mar 2020

Rising number of unsold inventories give buyers the upper hand: CBRE

The increasing number of unsold inventories and COVID-19 outbreak could mean that it will be a buyer's market this year.

Continue Reading3 Mar 2020

Luxus Hills (Contemporary Collection), The M buck cautious sentiment

The M and Luxus Hills (Contemporary Collection) both sold reasonably well despite the COVID-19 outbreak.

Continue Reading3 Mar 2020

Around 600 people visited Tedge showflat despite virus concerns

Two-bedroom units will be offered from $1.26 million, $1.37 million for three-bedders and $1.67 million for four-bedders. The penthouses, on the other hand, are priced from $1.44 million.

Continue Reading3 Mar 2020

UOL net profit up 14% to $478.8m in 2019

The company attributed the hike to higher attributable fair value and other gains of $165.1 million compared with the previous year’s $85.3 million.

Continue Reading2 Mar 2020

HDB flat owners can adopt bigger dogs under revised size criteria

Dogs up to 55cm tall, regardless of its weight, can now be rehomed to HDB flats, which is an improvement from the height and weight limitations of 50cm and 15kg previously.

Continue Reading2 Mar 2020

Development charges for non-landed homes trimmed 0.2% on average

The cut follows a 0.3% and 5.5% decrease in DC rates during the September 2019 and March 2019 review.

Continue Reading2 Mar 2020

Singapore rents hit a three-year high as expat demands surges

Data from URA showed that rents have increased by 1.4% last year, while the number of leases inked rose to a decade-high 93,920 units.

Continue Reading28 Feb 2020

CapitaLand to trim pay of board members and senior management by 5 to 15% amid coronavirus outbreak

CapitaLand also decided to freeze the wages of all its staff at managerial level and above.

Continue Reading27 Feb 2020

COVID-19 outbreak has taken toll on construction firms

Shortages of workers and materials because of the virus has impacted construction deadlines for projects.

Continue Reading27 Feb 2020

COVID-19 Outbreak: Singapore economy to contract 0.6% in Q1

A major trade partner with China, the city-state’s economy is expected to contract 0.6% in the first quarter of 2020 – a first since the 2009 recession following the global financial crisis.

Continue Reading26 Feb 2020

HDB to offer more two-room flats in May and August sale exercises

The upcoming BTO exercises in Tengah, Choa Chu Kang and Woodlands will offer more two-room flats for singles 35 years old and above.

Continue Reading25 Feb 2020

Tedge to open showflat to the public this Saturday

Sales preview will commence on 7 March.

Continue Reading24 Feb 2020

Wing Tai Asia sold 70% of The M over Its launch weekend

Majority of the buyers were Singaporeans in their 30s and 40s, comprising both investors and owner-occupiers.

Continue Reading24 Feb 2020

100% of Luxus Hills units sold after two weeks

The final phase of the development saw 64% of its units sold through a limited release.

Continue Reading24 Feb 2020

No plans to ease property curbs: Deputy PM

His statement comes after developers made renewed calls to loosen a measure penalising them for their failure to complete and sell new projects in five years.

Continue Reading20 Feb 2020

Budget 2020: Government unveils measures to fight climate change, support sectors affected by outbreak

HDB will also roll out a new Green Towns Programme to recycle rainwater, reduce energy consumption and cool the towns.

Continue Reading19 Feb 2020

Larger BTO flats most popular among home seekers

Canberra Vista, the Build-To-Order (BTO) project in Sembawang saw over 10 applicants competing for each of the 266 units of five-room and three-generation flats.

Continue Reading18 Feb 2020

Private home sales up 14.9% in January

The figure also marked the best January showing since 2013.

Continue Reading18 Feb 2020