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Private sector to be more involved in govt development plans

The government aims to increase the involvement of the private sector in its development plans, as part of its strategies to boost the economy, reported Today.

Continue Reading18 Nov 2016

Primary sales take-up, prices may not be sustainable

The sustainability of primary sales take-up and prices remain unclear, given the bleak economic outlook and the substantial new supply coming onstream, according to the Real Estate Developers' Association of Singapore (Redas).

Continue Reading18 Nov 2016

New reclamation method to reduce reliance on sand

A new land reclamation method aimed at helping Singapore reduce its reliance on sand will be used on the northwestern tip of Pulau Tekong. Called the polder development method, it will be used by the HDB for the project.

Continue Reading17 Nov 2016

HSR tender may be called in Q4 2017

Malaysian Prime Minister Najib Razak said yesterday that the international tender to supply high-speed rail (HSR) trains may be called by the fourth quarter of next year, reported The New Straits Times.

Continue Reading17 Nov 2016

Private home sales hit 15-month high in October

New private home sales soared to a 15-month high in October as two newly launched projects registered steady take-up rates.

Continue Reading16 Nov 2016

Singapore, Malaysia to sign HSR agreement next month

Singapore and Malaysia are set to sign a bilateral agreement early next month for the development of the long-awaited high-speed rail (HSR), which will connect the two countries, reported Today Online.

Continue Reading15 Nov 2016

HDB project gains international recognition with RIBA award

SkyTerrace@Dawson, a 758-unit Build-To-Order (BTO) project by the Housing and Development Board (HDB), has received a prize from the Royal Institute of British Architects (RIBA), reported The Straits Times.

Continue Reading14 Nov 2016

More residents deciding on HDB colour scheme

Town councils in Singapore revealed that more residents are taking part in the process of deciding the colour scheme of their HDB blocks, reported The Straits Times.

Continue Reading14 Nov 2016

Bencoolen Street gets a car-lite makeover

Bencoolen Street will get a new lease of life when it reopens in the first quarter of 2017, following the completion of Downtown Line 3 works for the Bencoolen MRT station, the Land Transport Authority said...

Continue Reading11 Nov 2016

URA launches sale of Margaret Drive site

A 0.48ha residential site at Margaret Drive was launched for sale by public tender on Thursday (10 November) by the Urban Redevelopment Authority (URA)...

Continue Reading11 Nov 2016

Developers report mixed results in Q3

Singapore developers posted mixed results in the third quarter of 2016, with City Developments Limited (CDL) reporting a profit increase and UOL Group registering a decline...

Continue Reading11 Nov 2016

$187 million set aside for private estate upgrading

The government has set aside around $187 million for the Estate Upgrading Programme (EUP) since the scheme was launched in 2000, said Minister of State for National Development Koh Poh Koon in Parliament...

Continue Reading10 Nov 2016

CapitaLand Q3 net profit up 28% to $247.5 million

Property developer CapitaLand posted a total net profit of $247.5 million in the third quarter of 2016, up 28.4 percent from $192.7 million in the previous year, on the back of better operating performance...

Continue Reading10 Nov 2016

Marina Bay site attracts top bid of $2.6 billion

The tender for a 1.1ha white site at Central Boulevard in Marina Bay closed on Tuesday (8 November) after attracting seven bids, said the Urban Redevelopment Authority (URA)...

Continue Reading9 Nov 2016

Discussions underway to protect Ellison Building

The North-South Corridor’s (NSC) original alignment would have affected more buildings, including Rex Cinema, as well as several shophouse units at Ellison Building...

Continue Reading9 Nov 2016

Expansion of upgrading scheme depends on budget

The government’s fiscal position and budget availability will have to be taken into consideration in deciding whether to expand the Home Improvement Programme (HIP), National Development Minister Lawrence Wong said...

Continue Reading9 Nov 2016

Plan to build integrated development next to Buangkok MRT station

The government plans to transform the open field next to the Buangkok MRT station into an integrated development, revealed the Ministry of National Development (MND) on Monday...

Continue Reading8 Nov 2016

Defects in new HDB flats covered by a one-year warranty: MND

Rectification of defects in new HDB flats are covered by a warranty under the one-year Defects Liability Period (DLP), said the Ministry of National Development (MND)...

Continue Reading8 Nov 2016

Condo sales start for Queens Peak, Parc Riviera

Queens Peak, Hao Yuan Investment’s 736-unit condominium project at Dundee Road, has been warmly received by buyers, with 242 units sold during its launch on Saturday...

Continue Reading7 Nov 2016

Indonesia leads nominations for the SEA Property Awards 2016

More than 40 developers from across the region have been shortlisted to compete for top honours at the sixth annual South East Asia Property Awards 2016, presented by Hansgrohe and organised by PropertyGuru...

Continue Reading7 Nov 2016