Govt urged to conserve Dakota Crescent
Member of Parliament Lim Biow Chuan has called on the government to reconsider its plans to redevelop Dakota Crescent, media reports said. Named after a plane that crashed at Kallang Airport,...
Continue Reading • 11 Oct 2016
Man jailed, fined for subletting rooms as brothels
A hotel chef was jailed for three months and fined $23,000 for subletting rooms in condominiums to prostitutes for use as brothels, media reports said. He earned around $15,000 in profit from renting rooms out as brothels...
Continue Reading • 11 Oct 2016
65% of Forest Woods units sold at launch
Forest Woods, a condominium project by CDL, Hong Leong Holdings and TID, received a strong response during its launch over the weekend, with 337 of the 519 units (65 percent) sold...
Continue Reading • 10 Oct 2016
The top 10 pet peeves of showflat visitors
In property-crazed Singapore, showflats have become a common sight. Be it in the city centre or the suburbs, mock-ups of apartments, marked by giant balloons, are fast becoming a part of the urban landscape...
Continue Reading • 7 Oct 2016
GLS bids rise amid strong demand
The number of bids for Government Land Sales (GLS) launches has been on the rise this year amid fierce competition among developers to acquire land sites, media reports said...
Continue Reading • 7 Oct 2016
Heeton sells iLiv@Grange for $95m
Property developer Heeton Holdings has sold its entire stake in the 16-storey iLiv@Grange condominium project. In an SGX filing last week, the company revealed that the disposal was made through a sale...
Continue Reading • 7 Oct 2016
Four buildings win awards for restoration
Four heritage buildings have been conferred the URA Architectural Heritage Awards 2016 for their exceptional restoration works, revealed the agency on Thursday. The Awards honours the people who make conservation happen...
Continue Reading • 7 Oct 2016
Raintree Gardens sold en bloc for $334.2m
The 175-unit Raintree Gardens residential development at Potong Pasir has been sold collectively to UVD (Projects), a joint venture company of UOL Group and UIC, said marketing agent JLL...
Continue Reading • 6 Oct 2016
Fewer people becoming property agents: CEA report
The number of licensed real estate agents in Singapore fell to 30,423 in the year to March 2016 from 32,006 over the same period last year, revealed the Council for Estate Agencies (CEA)...
Continue Reading • 6 Oct 2016
Singapore is Asia’s 2nd most expensive city, says wealth report
Singapore has been ranked as the second most expensive city in Asia, overtaking Hong Kong which is in third place, media reports said citing a wealth report from Julius Baer...
Continue Reading • 5 Oct 2016
Forest Woods condo attracts over 500 cheques
The Forest Woods condominium in Serangoon Central will be launched this Saturday, said home builder CDL, which is jointly developing the project with Hong Leong Holdings and TID...
Continue Reading • 4 Oct 2016
Home price drop likely due to new reporting rule for developers
The URA's flash estimates of a 1.5 percent drop in private home prices came as a surprise to analysts and erased hopes that the market may be bottoming out following several quarters of mild price declines...
Continue Reading • 4 Oct 2016
Residential sector dominates property investment sales in Q3
Real estate investment sales in Singapore jumped 16 percent year-on-year to $4.61 billion in the third quarter of 2016 from $3.99 billion a year before, according to preliminary estimates from JLL...
Continue Reading • 4 Oct 2016
270 units sold on launch day at The Alps Residences
The 626-unit The Alps Residences at Tampines Street 86 sold 270 units (43 percent) on Sunday (2 October), its first launch day after a week-long preview, said its developer MCC Land...
Continue Reading • 3 Oct 2016
Private home prices down 1.5% in Q3
The private residential property price index fell 2.1 points to 137.9 in the third quarter of 2016 from 140.0 points in the previous quarter, according to the URA's flash estimates...
Continue Reading • 3 Oct 2016
HDB resale flat prices remain stable in Q3
Prices of HDB flats remained unchanged in the third quarter of 2016, with the resale price index at 134.7 points, revealed flash estimates from the Housing Board...
Continue Reading • 3 Oct 2016
Singapore home market unaffected by Indonesian tax amnesty
The implementation of the Tax Amnesty Scheme in Indonesia has not had any material impact on Singapore’s residential segment, said Credit Suisse in a report.
Continue Reading • 30 Sept 2016
Forest Woods receives strong interest at preview
Forest Woods, a condominium project at Serangoon Central, has been receiving robust interest since its preview commenced on 24 September.
Continue Reading • 30 Sept 2016
3 prime residential buildings up for sale
Three prime residential properties located near Orchard Road have been put up for sale by public tender, with JLL and CBRE appointed as joint marketing agents.
Continue Reading • 29 Sept 2016
5 teams shortlisted to develop Jurong Lake District master plan
Five teams have been shortlisted by the URA to develop a master plan for the Jurong Lake District, whose Request for Proposal exercise received robust interest from 35 local and international firms.
Continue Reading • 28 Sept 2016