Lian Beng Group posts 47.5% revenue drop
Lian Beng Group’s revenue slumped by 47.5 percent year-on-year to $37.18 million in the first quarter ended 31 August 2017 primarily because of lower contributions from its construction business, revealed an SGX filing on Thursday (12 October)...
Continue Reading • 13 Oct 2017
Another condo goes en bloc, this time in Bukit Timah
The en bloc frenzy continues after Royalville at Bukit Timah Road became the latest project to be put up for sale on Thursday. The freehold condominium in District 10...
Continue Reading • 13 Oct 2017
Banyan Tree to operate eco-friendly resort in Mandai
Singapore-based Banyan Tree Holdings announced on Wednesday (11 October) that it will operate its first resort in its home market...
Continue Reading • 12 Oct 2017
Home-sharing on the rise despite government restriction
Although the likes of Airbnb are restricted from operating in Singapore, home-sharing has been slowly growing in the city-state...
Continue Reading • 12 Oct 2017
Braddell View forms en bloc sales committee
Most residents of Braddell View voted to form a collective sales committee on Tuesday (10 October), with 493 people in favour, while 28 opposed it...
Continue Reading • 12 Oct 2017
CapitaLand stops sales at two condo projects
With the property market expected to improve further next year, CapitaLand has joined other developers that have stopped selling units in their projects...
Continue Reading • 11 Oct 2017
Property agencies merge, tap into tech as real estate market goes increasingly online
The property agency industry has been abuzz with recent mergers and how technology is disrupting the way agents do business. It started in June...
Continue Reading • 10 Oct 2017
Owners of Ivory Heights seeking $1.34bil in collective sale
Former HUDC estate Ivory Heights may soon join the en bloc sale bandwagon after over eight in 10 owners voted to sell the development at the second extraordinary general meeting...
Continue Reading • 10 Oct 2017
Tai Wah Building for sale at $81 million
The freehold Tai Wah Building at Killiney Road has been launched for collective sale after obtaining consent from all the owners, marketing agent Edmund Tie said...
Continue Reading • 9 Oct 2017
Collective sale fever “sustainable”, says JP Morgan
JP Morgan believes the collective sale frenzy in Singapore is “sustainable” as the number of unsold housing units in the pipeline, excluding executive condos, has dropped...
Continue Reading • 9 Oct 2017
Florence Regency looking for willing buyer for $629m
JLL, the marketing agent of privatised HUDC estate Florence Regency, will continue to look for a buyer willing to purchase the Hougang estate for at least $629 million...
Continue Reading • 9 Oct 2017
Normanton Park sold for $830.1m, or $969 psf ppr
The Normanton Park condominium located off Ayer Rajah Expressway has been sold collectively to Kingsford Huray Development for $830.1 million...
Continue Reading • 6 Oct 2017
Cairnhill Mansions to go on sale for $362m
The freehold Cairnhill Mansions project in District 9 will be launched for collective sale in a few weeks’ time, marketing agent CBRE revealed on Thursday (5 October)...
Continue Reading • 6 Oct 2017
7 ex-HUDC estates have begun en bloc process
Four former Housing and Urban Development Company (HUDC) estates have changed hands so far this year via en bloc sale -- the highest in any year, reported Channel NewsAsia...
Continue Reading • 5 Oct 2017
REDAS: Fast-paced land acquisitions at higher prices not sustainable
While City Developments and Hong Realty acquired Amber Park for a record $1,515 per square foot per plot ratio, Redas president Augustine Tan warned...
Continue Reading • 5 Oct 2017
PropertyGuru summit to cover Proptech, China’s One Belt One Road
PropertyGuru has announced a star-studded line-up of guest speakers for its real estate summit which takes place on 7 to 8 November at Singapore’s Marina Bay Sands...
Continue Reading • 5 Oct 2017
Amber Park sold en bloc for $906.7m
The Amber Park condominium at Amber Gardens has been sold on its fourth attempt at a collective sale to CDL and joint venture partner Hong Realty for $906.7 million...
Continue Reading • 4 Oct 2017
GuocoLand to build 'futuristic' project at Beach Road site
After winning the tender for the commercial site at Beach Road, GuocoLand revealed plans to transform the site into an “iconic city centre work-live-play destination”...
Continue Reading • 4 Oct 2017
Reason for 75% support for Neighbourhood Renewal Programme
The Housing Board’s Neighbourhood Renewal Programme (NRP) enhances the living environment of two or more adjacent precincts...
Continue Reading • 4 Oct 2017
Gov’t to help Lorong Geylang households get new flats
The authorities have pledged to help the 35 households along Lorong 3 Geylang that plans to acquire a new Housing Board flat, reported Today Online...
Continue Reading • 4 Oct 2017