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Almost 15,000 non-landed private residential units would have exchanged hands by the time 2016 closes, of which more than half were primary developer sales...

Continue Reading21 Dec 2016

News Roundup (December 2016)

The government will gradually taper the supply of Build-To-Order (BTO) flats in 2017, with the HDB launching around 17,000 units, down from the 18,000 units launched this year...

Continue Reading21 Dec 2016

Singapore prime home rents down 3.3% in Q3

Prime residential rents in Singapore fell by 3.3 percent in Q3 2016, while prime rental performance across the 17 global cities tracked by Knight Frank registered zero percent growth in the year to September...

Continue Reading20 Dec 2016

Dawson estate breathes new life into Queenstown

In light of the government’s Remaking Our Heartland (ROH) scheme, Dawson estate in Queenstown saw the rise of two swanky Build-To-Order (BTO) projects...

Continue Reading20 Dec 2016

URA looks to conserve the National Aerated Water Company building

The URA has revealed that the former National Aerated Water Company, one of the last few reminders of Singapore’s industrial past, may be conserved, media reports said...

Continue Reading20 Dec 2016

HDB resale market to benefit from lower BTO supply

Analysts expect the HDB resale market to benefit from the Housing Board’s plan to taper the BTO flat supply from 17,891 units in 2016 to around 17,000 units next year...

Continue Reading19 Dec 2016

5 confirmed list sites to launch in 1H 2017, could yield 2,330 units

The government announced on Friday (16 December) that there will be five confirmed list sites and 10 on the reserve list in the first half 2017 Government Land Sales (GLS) Programme...

Continue Reading16 Dec 2016

New home sales down 31% in November

Property developers in Singapore sold 860 units in November 2016, down 31.4 percent from the 1,253 units in the previous month, according to URA data...

Continue Reading16 Dec 2016

5 best-selling condos in November 2016

Two new private condominiums were launched last month – Parc Riviera and Queens Peak. Both projects sold a total of 399 units, but sales were also recorded at...

Continue Reading16 Dec 2016

Singapore’s Tiong Bahru continues to draw the cool kids

Quaint, but cool, Tiong Bahru is one of the oldest residential estates in the country, and is characterised by low-rise, curvaceous Art Deco apartment blocks...

Continue Reading16 Dec 2016

BTO flat supply to taper in 2017: Lawrence Wong

The government will gradually taper the supply of BTO flats in 2017, with the HDB launching around 17,000 units, down from the 18,000 units launched this year...

Continue Reading15 Dec 2016

Property auction sales up significantly in Q4

Property auction sales for the fourth quarter of 2016 exceeded expectations, with total sales at $47.2 million, or 51 percent of this year’s tally, said property consultancy JLL...

Continue Reading15 Dec 2016

3 new ECs to watch for in 2017

Only three new executive condominiums (ECs) are targeted to launch next year, down from five projects in 2016. Their names haven’t been revealed yet, but the sites are at...

Continue Reading14 Dec 2016

Mount Vernon funeral parlours remain anxious despite lease extensions

Despite receiving lease extensions for the second time, funeral parlours at the Mount Vernon Columbarium Complex remain anxious about the future of their operations, media reports said...

Continue Reading13 Dec 2016

MCL Land wins bid for Margaret Drive site

The URA has awarded the tender for a residential site at Margaret Drive to MCL Land (Regency), after the developer submitted the highest bid of $238.39 million for the 0.48ha plot...

Continue Reading13 Dec 2016

HDB sees very encouraging response for Proximity Housing Grant

The Housing and Development Board’s (HDB) Proximity Housing Grant has received a very encouraging response, with 5,217 households applying for the scheme...

Continue Reading12 Dec 2016

Number of fallen window cases up from year ago

The number of fallen window cases in Singapore rose to 41 in the first 11 months of 2016 from 30 cases over the same period last year, media reports said...

Continue Reading12 Dec 2016

S’pore home prices down 2% from year ago: Knight Frank

Home prices in Singapore fell two percent year-on-year in Q3 2016, while most countries in the world registered strong price growth, revealed a Knight Frank report...

Continue Reading9 Dec 2016

Mixed reality is here to change everything about the real estate industry

At a café in Tokyo’s chic Shibuyu district, Kate settles down to make some home improvements. She orders a cappuccino, straps on a pair of virtual reality goggles...

Continue Reading9 Dec 2016

7 upcoming projects to look out for in 2017

A slew of new residential projects are set to launch next year, and are expected to attract keen interest from home buyers. Some sites to watch out for are...

Continue Reading8 Dec 2016