CDL to benefit from improving market sentiment
Improving sentiment in the housing market will likely benefit CDL, as it remains the developer with the most available inventory, with much of its land bank...
Continue Reading • 8 Dec 2016
URA releases site at West Coast Vale
The Urban Redevelopment Authority (URA) launched a residential site at West Coast Vale for sale on Wednesday (7 December) under the confirmed list of the second half 2016 Government Land Sales (GLS) Programme...
Continue Reading • 7 Dec 2016
URA receives 14 bids for Margaret Drive site
The tender for a residential site at Margaret Drive in Queenstown closed on Tuesday (6 December) after attracting 14 bids from developers, said the Urban Redevelopment Authority (URA)...
Continue Reading • 6 Dec 2016
Real estate agency, agent fined over sale of foreign property
The Council for Estate Agencies' (CEA) Disciplinary Committee has fined SQFT Global Properties Singapore $10,000 for failing to supervise the conduct of one of its former agents on the sale and marketing of a property in Auckland, New Zealand...
Continue Reading • 6 Dec 2016
Demand from Singaporean home buyers continues to grow
The residential market is seeing growing demand from local buyers, who accounted for around 76 percent of home sales in Q3 2016, revealed a report from Edmund Tie and Co...
Continue Reading • 6 Dec 2016
Phoenix Property Investors to boost investment in Singapore
Hong Kong-based private equity real estate firm Phoenix Property Investors has announced plans to boost its investment in Southeast Asia, including Singapore. Founded in 2002,...
Continue Reading • 6 Dec 2016
Govt willing to shorten MOP for families in HDB’s Fresh Start Housing Scheme
The government is open to allowing families in the Fresh Start Housing Scheme to shorten the 20-year Minimum Occupation Period (MOP) should their family and financial circumstances improve, media reports said...
Continue Reading • 5 Dec 2016
Concrete sunbreaker at Tampines block had no reinforcement bars
The final investigation report by the professional engineer (PE) regarding the dislodged concrete sunbreaker at Block 201E Tampines St 23 revealed that it had no reinforcement bars, media reports said...
Continue Reading • 5 Dec 2016
Fresh Start Housing Scheme open for application
The Fresh Start Housing Scheme opened for applications from Thursday (1 December) to help public rental families with young children own a 2-room Flexi flat...
Continue Reading • 2 Dec 2016
Man ordered to split condo sales proceeds with brother
To assert his share in a property, a man filed a lawsuit against his younger brother, who had persuaded him to invest $200,000 in a Hillview condominium unit in exchange for equal share of the property...
Continue Reading • 2 Dec 2016
Singapore, Malaysia need sound agreement on HSR
Prime Minister Lee Hsien Loong believes cost sharing of the High Speed Rail (HSR) project is one of the factors making the project complicated, since there are two countries involved.
Continue Reading • 1 Dec 2016
MAS remains cautious on property market
The Monetary Authority of Singapore (MAS) remains cautious on the property market outlook, given that demand-supply dynamics may drag down the market, coupled with rising vacancy rates and softer economic and labour market conditions...
Continue Reading • 30 Nov 2016
More foreigners buying homes in Singapore
Singapore’s private residential market attracted even more foreign buyers during the first nine months of this year (9M 2016), according to the latest report from property consultancy JLL.
Continue Reading • 30 Nov 2016
Developers confident of selling homes before ABSD deadline
Despite the multi-million dollar fines involved if they fail to sell all their residential units within five years, property developers in Singapore are unlikely to cut home prices to attract buyers.
Continue Reading • 30 Nov 2016
URA releases two residential sites for sale
The Urban Redevelopment Authority (URA) released two 99-year leasehold sites for sale today, under the 2nd Half 2016 Government Land Sales (GLS) Programme.
Continue Reading • 29 Nov 2016
HDB flat owners to enjoy lower tax rates in 2017
Almost all private home owners will see minor to no adjustments to their property taxes next year, while HDB flat owners will pay lower taxes or even no tax at all.
Continue Reading • 29 Nov 2016
Strong demand from second-timers in latest BTO exercise
This year's final Build-To-Order (BTO) exercise witnessed strong demand as attractive locations help drive interest for the projects on offer...
Continue Reading • 29 Nov 2016
JLL's Karamjit Singh to leave role as residential head
Property veteran Karamjit Singh will be leaving his position as head of JLL's Singapore residential business to pursue his own entrepreneurial interests...
Continue Reading • 28 Nov 2016
New plans revealed for Jurong Lake Gardens
Plans have been unveiled for the new Jurong Lake Gardens, which has been dubbed the third national garden (after the Singapore Botanic Gardens and Gardens by the Bay).
Continue Reading • 28 Nov 2016
Sime Darby wins regional Best Developer award
Malaysia's Sime Darby Property took home its first regional Best Developer title last Thursday at the sixth annual South East Asia Property Awards 2016, presented by Hansgrohe and organised by PropertyGuru...
Continue Reading • 28 Nov 2016