Developers more upbeat but worry over possible curbs
Home builders here have become more bullish, but they fear that the improving market conditions would result in more property curbs from the authorities, reported the Straits Times...
Continue Reading • 26 Oct 2017
En bloc fever spreads to commercial properties
More commercial and mixed-use projects are joining the en bloc sales frenzy after a number of residential developments have successfully changed hands, reported the Business Times...
Continue Reading • 25 Oct 2017
CDL leads S’pore property industry in sustainability
City Developments Limited (CDL) announced on Tuesday (24 October) that it was named as Singapore’s highest scoring property firm in CDP’s latest rankings for climate change response...
Continue Reading • 25 Oct 2017
Two prime freehold sites up for sale for a total of $477m
Two prime freehold sites in District 9 that are among the few remaining sizeable plots available in Cairnhill Road have been launched for sale by exclusive marketing agent CBRE on Tuesday (24 October)...
Continue Reading • 25 Oct 2017
Demolition of Rochor Centre may affect surrounding properties
Demolition specialists expect the upcoming demolition of Rochor Centre to negatively affect its surrounding properties, reported The Straits Times...
Continue Reading • 24 Oct 2017
Wing Tai net profit surges to $8.19m
Wing Tai Holdings’ net profit soared to $8.19 million in the first quarter ended 30 September from $1.06 million in the same period a year ago, revealed an SGX filing on Monday (23 October)...
Continue Reading • 24 Oct 2017
Dunearn Court sold to Roxy-Pacific for $36.3m
The en bloc market continues to roll with the sale of Dunearn Court to RH Central, a subsidiary of Roxy-Pacific Holdings, for $36.3 million. This is slightly lower than the guide price of $38.8 million...
Continue Reading • 24 Oct 2017
Rail Corridor upgrade works to begin in 2018
Enhancement works along the central portion of the Rail Corridor is targeted to start next year, announced the Urban Redevelopment Authority (URA) and National Parks Board (NParks) on Saturday (21 October)...
Continue Reading • 23 Oct 2017
Mayfair Gardens up for en bloc sale at $265m
Mayfair Gardens off Dunearn Road has been launched for collective sale, with the owners expecting offers above the reserve price of $265 million, according to marketing agent Knight Frank...
Continue Reading • 23 Oct 2017
Former Zouk site up for sale with $689.353mil reserve price
The site previously occupied by iconic nightclub Zouk has been put up for sale, with a minimum bid price of $689.353 million...
Continue Reading • 20 Oct 2017
GuocoLand net profit soared to $165.6mil in Q1
GuocoLand saw its first-quarter net profit grow more than six-fold to $165.6 million from $25.6 million over the same period last year...
Continue Reading • 20 Oct 2017
Hougang project sold for $629m in collective sale
The 336-unit Florence Regency development at Hougang Avenue 2 has been sold to Hong Kong-listed developer Logan Property for $629 million, marketing agent JLL said on Friday...
Continue Reading • 20 Oct 2017
Faster HDB resale process by 2018
The Housing Board announced on Thursday (19 October) that it plans to launch a new website that will significantly expedite the selling and buying of HDB resale flats...
Continue Reading • 20 Oct 2017
Changi Garden sold for $248.8m
Changi Garden is the latest development to be sold in an en bloc sale for $248.8 million, which works out to about $888 psf per plot ratio...
Continue Reading • 19 Oct 2017
Oxley raises $12.95m via sale of treasury shares
Singapore-listed Oxley Holdings has raised $12.95 million in net sales proceeds through the sale of 22.75 million treasury shares, revealed an SGX filing on Wednesday (18 October)...
Continue Reading • 19 Oct 2017
3 upcoming precincts to yield about 18,500 homes
Minister for National Development Lawrence Wong has launched an exhibit on Monday (16 October) that showcases some preliminary ideas regarding three upcoming residential precincts that can potentially yield a total of 18,500 houses...
Continue Reading • 17 Oct 2017
Foreign developers warm up to en bloc sales
Despite its cumbersome and protracted process, the en bloc fever has started to catch on among foreign developers – especially those from China – signalling a paradigm shift, reported Business Times...
Continue Reading • 17 Oct 2017
New home sales slow in Sept due to Ghost Month
Property developers sold 657 private housing units in September, down 47.3 percent from 1,246 units in the previous month, according to data released on Monday by the URA...
Continue Reading • 17 Oct 2017
Leonie Gardens owners join the en bloc sale fever
The owners of upmarket condominium Leonie Gardens in Leonie Hill, off Grange and River Valley roads, have jumped into the collective sale bandwagon...
Continue Reading • 16 Oct 2017
En blocs can be stressful for residents
While this year’s collective sale fever has yielded S$5.2 billion worth of deals, experts warn that en bloc sales could also prove to be a stressful experience for owners...
Continue Reading • 16 Oct 2017