Singapore’s economy expected to have 0.5% growth in 2019
Meanwhile, MAS expects global economic growth in 2019 to slow down “discernibly” and then stabilise in 2020 “barring further shocks”.
Continue Reading • 21 Oct 2019
Contract to install noise barriers along North-South, East-West Lines awarded
Once completed in 2023, LTA expects the noise barriers to reduce noise levels from passing trains by five to 10 decibels.
Continue Reading • 21 Oct 2019
Exhibition highlights need for age-friendly neighbourhoods
The exhibition consists of design solutions and considerations for Singapore's increasingly ageing population.
Continue Reading • 18 Oct 2019
Residential investment sales surge 90.1% in Q3
However, residential investment sales for this year is expected to fall 55 percent from last year’s record level, due to a weaker en bloc market.
Continue Reading • 18 Oct 2019
Children’s future economic status influenced by type of housing parents own
Findings from the research showed that children from lower-income families enjoy greater mobility in housing wealth, while children from middle-income families tend to face downward mobility in housing wealth.
Continue Reading • 18 Oct 2019
Nassim Road GCB for sale for $175m
The two-storey bungalow has a total floor area of about 13,839 sq ft and is a mere five-minute walk to the Botanic Gardens, and is a 10-minute drive to the CBD. Image source: CBRE
Continue Reading • 17 Oct 2019
New home sales hit a 14-month high in September
Developers sold 1,270 private homes in September, driven by several new launches, including Avenue South Residence, which sold 361 units.
Continue Reading • 16 Oct 2019
Freehold, two-storey house at Neil Road for sale for S$4.8m
The freehold property sits on a land area of around 3,193 sq ft with a gross floor area of about 4,813 sq ft, and is accessible by several MRT stations.
Continue Reading • 16 Oct 2019
Midwood to open for preview this Saturday
Hong Leong Holding's 99-year leasehold development in the Bukit Timah area comprises of one- to four-bedroom units ranging between 484 sq ft and 1,259 sq ft.
Continue Reading • 16 Oct 2019
SLB reports S$1.9m profit for 1Q 2020
The Group’s residential projects, Affinity @ Serangoon and Riverfront Residences are seeing steady sales, with T-Space @ Tampines receiving strong reception.
Continue Reading • 15 Oct 2019
Singapore GDP grew 0.1% in Q3
This means Singapore narrowly avoided a technical recession, which is defined as two consecutive quarters of economic decline.
Continue Reading • 15 Oct 2019
Malaysia’s decision on RTS project to be announced on 31 October
Malaysia has said that the decision to go ahead with the project will be announced within the next two weeks.
Continue Reading • 15 Oct 2019
Shrinking household size requires 300,000 homes to be built in 10 years
This comes as the average household size continue to contract, resulting in smaller average sizes of new private houses.
Continue Reading • 14 Oct 2019
Government to pour in over $1b into upgrading private, public estates
Meanwhile, the government will also upgrade 55,000 HDB flats under the second round of the Home Improvement Programme (HIP), which is set to start from next year onwards.
Continue Reading • 14 Oct 2019
NEU at Novena to open for preview with units priced from $1.35m
The prime district 11 development features 87 residential units, ranging from two- to four-bedder apartments. There will also be dual key three-bedroom units for multi-generational families and investors.
Continue Reading • 11 Oct 2019
China drives sales of Singapore’s luxury apartment market
Mainland Chinese nationals bought 97 of the 315 units at Singapore's core central region in the first nine months of 2019.
Continue Reading • 11 Oct 2019
Hike in private home prices does not allude to a buoyant market
Experts at Edmund Tie & Company noted that higher land prices, declining average sell-down rates and compressing developer’s margin show that the market isn't as 'buoyant' like it appears.
Continue Reading • 11 Oct 2019
Singapore is world's most competitive economy
Singapore beat the U.S for the top spot, ranking first for financial system development, infrastructure and labour market functioning.
Continue Reading • 10 Oct 2019
Singapore housing market remains in fair-valued zone
Singapore was cited as the country with the most improved housing market with regard to affordability. Property prices have stagnated and there are lesser transactions.
Continue Reading • 9 Oct 2019
Yarwood Avenue GCB to enter the market again with $23m price
The two-storey bungalow comes with five en suite bedrooms, a basement, sheltered terraces, a car porch, a landscaped garden, a koi pond and a swimming pool.
Continue Reading • 9 Oct 2019