Peace Centre, Peace Mansion sold for $650mil
Located along Sophia Road, Peace Centre and Peace Mansion occupy a 76,617 sq ft site.
Continue Reading • 9 Dec 2021
Chuan Park in private negotiation process
Located at 240 to 250 Lorong Chuan, Chuan Park is a 99-year leasehold project and occupies a 400,588.72 sq ft site; the property may be redeveloped into 900 to 919 units.
Continue Reading • 3 Dec 2021
CDL to acquire Central Square for $315mil
Located at 20 Havelock Road, Central Square will be redeveloped into a mixed-use development, with serviced residences, retail and office units.
Continue Reading • 3 Dec 2021
HDB owners to face higher property tax next year
The property tax payable will increase next year, alongside the revision of the annual value (AV) of HDB flats by 4% to 6%.
Continue Reading • 3 Dec 2021
Property agent fined $5,000 for holding transaction monies
The PropNex Realty property agent, Charles Tan Chun Peng, was fined $5,000 for holding $32,300 of developer transaction monies.
Continue Reading • 3 Dec 2021
ERA Singapore names new deputy chief executive officer
Doris Ong is ERA Singapore's new Deputy Chief Executive Officer. Previously, she was ERA Singapore’s Chief Operating Officer for Project Marketing.
Continue Reading • 1 Dec 2021
Two Pine Grove sites released for sale
The two Pine Grove sites can potentially yield up to 1,085 units altogether.
Continue Reading • 1 Dec 2021
Golden Mile Complex makes second collective sale attempt, price remains at $800mil
The 16-storey Golden Mile Complex is making its second collective sale attempt at the same price of $800 million.
Continue Reading • 1 Dec 2021
Malaysia wants HSR project revived, Singapore open to idea
The High-Speed Rail project between Singapore and Malaysia was terminated on 1 Jan 2021, however, the Malaysian prime minister has suggested reviving discussions for the project.
Continue Reading • 1 Dec 2021
CDL unit to acquire Upper Bukit Timah site for $126.3mil
The two adjoining sites are located at 798 and 800 Upper Bukit Timah Road and have an area of 16,620 sq m (178,900 sq ft).
Continue Reading • 29 Nov 2021
Dublin Lodge up again for sale, price lowered to $65mil
Located in prime District 9, Dublin Lodge is a freehold property that sits in a 2,510.2 sq m (27,020 sq ft) site.
Continue Reading • 29 Nov 2021
The Commodore sells more than 70% of units over launch weekend
162 out of 219 The Commodore units were sold over its launch weekend, with all one- and two-bedroom units being fully sold.
Continue Reading • 29 Nov 2021
Authorities unveil new bonus GFA incentive scheme
Developers can get up to 3% bonus GFA beyond the existing Master Plan Gross Plot Ratio by fulfilling certain productivity, digitalisation and sustainability standards.
Continue Reading • 29 Nov 2021
A Downtown Core Opportunity Not To Be Missed
Owners of Marina One Residences are set to benefit from the transformation of the CBD and the development of the Greater Southern Waterfront. Ready for occupancy units also mean buyers can enjoy almost immediate rental returns.
Continue Reading • 29 Nov 2021
Elizabeth Towers up for collective sale for $630mil
Located at 12 Mount Elizabeth, Elizabeth Towers is a freehold site that sits on a 54,317.9 sq ft land plot.
Continue Reading • 24 Nov 2021
Mount Pleasant HDB flats to attract robust demand
About 5,000 new homes will be built at the future Mount Pleasant site, which is expected to see strong demand.
Continue Reading • 24 Nov 2021
Strong demand for four-room flats at Rochor BTO projects under prime housing model
As of 2pm on 22 November, the subscription rate for 4-room flats stood at 4.1 for first-timers and 80.5 for second-timers, and 8.0 for the overall rate.
Continue Reading • 22 Nov 2021
Higher demand for BTO flats due to hike in marriages, more people choosing to have own flat
The overall number of BTO flat applications in 2020 was 87,800, up from 38,500 in 2018 and 51,400 in 2019.
Continue Reading • 22 Nov 2021
CanningHill Piers sells 77% of its units over launch weekend
538 out of 696 CanningHill Piers units were sold over its launch weekend on 20 to 21 Nov 2021, including its $48 million penthouse.
Continue Reading • 22 Nov 2021
Analysts divided on whether 6% subsidy clawback for Rochor flats is adequate
When River Peaks I & II flats go onto the resale market for the first time, future residents of the Nov 2021 BTO launch will have to pay a 6% of the resale price or the unit’s valuation, whichever is higher.
Continue Reading • 22 Nov 2021