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Spring Grove looking to en bloc again

The owners of Spring Grove condominium in Grange Road are once again looking for law firms and a marketing agent that could help them sell the property...

Continue Reading22 Sept 2017

PropertyGuru News and Views Issue 117

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Login to continue Reading21 Sept 2017

Concerns when buying old houses

For properties with shorter remaining leases, buyers may need to fork out more money from their own pocket as banks may provide a lower mortgage quantum or loan-to-value...

Continue Reading21 Sept 2017

News Roundup (September 2017)

Morgan Stanley recently released the most bullish forecast for the Singapore housing market, expecting private home prices to increase by two percent this year...

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Eye on Changi: Take to the skies

Mention Changi, and thoughts immediately turn to the thrill of a holiday for which one inevitably departs from Changi Airport. Visitors to the area are often enchanted...

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Get the Guru View: Graveyard appreciation

Before Singapore’s independence, Bishan was already a home for those who passed before, a cemetery for the Cantonese and Hakka communities of Singapore.

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Foreign home buying up 20% this year

UOB Kay Hian believes that home purchases by foreigners, which increased by up to 20 percent in the first nine months of 2017, still has room to grow...

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UOL to ride on housing market rebound

UOL Group is expected to benefit from the recovery in Singapore’s housing market as it had managed to acquire development sites at good prices, media reports said...

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Industry players slam ‘Yistana’ listing for being disrespectful

The move by some property agents to capitalise on the presidential appeal of Yishun flats to sell units have drawn flak with some industry players calling their actions as “disrespectful”.

Continue Reading20 Sept 2017

Analysts: Home prices to rise 10% next year

Fuelled by redevelopment deals and an increase in foreign buying, UOB Kay Hian expects home prices in Singapore to bottom out this year and climb by five to 10 percent in 2018...

Continue Reading19 Sept 2017

Braddell View owners eyeing $2 billion en bloc sale

The residents of the biggest HUDC estate here plan to hold an extraordinary general meeting on 10 October to form a collective sale committee...

Continue Reading19 Sept 2017

Tee Land to acquire Upper Thomson sites for $25.74m

Tee Land has entered into six option-to-purchase (OTP) agreements to acquire the freehold interest in six plots of land at Seraya Crescent in Upper Thomson for $25.74 million...

Continue Reading19 Sept 2017

Housing market on road to recovery, say experts

Singapore’s residential market appears to be rebounding, with private home sales reaching about 8,391 units for the first eight months of this year...

Continue Reading18 Sept 2017

UBS avoiding Singapore, HK housing markets

Multinational bank UBS is avoiding the housing markets of Singapore and Hong Kong as there is a tendency for these cities to impose property cooling measures to control rising prices...

Continue Reading18 Sept 2017

Lian Beng wins contract to build Martin Modern condo

A wholly-owned subsidiary of Lian Beng Group has secured a $162 million contract to construct Martin Modern, a 99-year leasehold project comprising a total of 450 units...

Continue Reading18 Sept 2017

Pine Grove to go en bloc again

After two failed attempts in 2008 and 2011, owners at Pine Grove near Ulu Pandan are trying their luck again at a collective sale, this time at a price of $1.65 billion...

Continue Reading15 Sept 2017

Developer invites kids to draw dream home

Kingsford Development, the builder of the 512-unit Hillview Peak and 1,165-unit Waterbay condominiums, has launched its first “My Dream Home Drawing Competition”...

Continue Reading15 Sept 2017

New development charges to affect en bloc deals

DBS expects the recent hike in development charge (DC) rates for condominiums to affect developers’ profitability as breakeven prices may increase by up to four percent...

Continue Reading14 Sept 2017

Wong urges real estate industry to embrace digital innovation

National Development Minister Lawrence Wong has urged valuers in Asean countries, including stakeholders in the real estate industry, to embrace digital innovations...

Continue Reading13 Sept 2017

CDL wins inaugural Singapore Sustainability Reporting Awards

City Developments Limited (CDL) has received the ‘Best Sustainability Report for Established Reporters (Mainboard and Catalist)’ at the inaugural Singapore Sustainability Reporting Awards (SSRA)...

Continue Reading13 Sept 2017