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Former property agent fined for handling client’s money

Under the Estate Agents Act, it is an offence for property agents to handle any transaction monies for or on behalf of anyone in relation to the sale and purchase of property in Singapore and the lease of HDB property...

Continue Reading15 Sept 2016

Roxy-Pacific buys another site at Jalan Eunos

RH Eunos, a unit of property developer Roxy-Pacific Holdings, has agreed to purchase a freehold residential site at Jalan Eunos for $10.978 million. Comprising lots at 180,182 and 184 Jalan Eunos,...

Continue Reading15 Sept 2016

The Tembusu condo topped out

Property developer Wing Tai Holdings on Wednesday (14 September) topped out the construction of The Tembusu, a freehold condominium near Kovan MRT station...

Continue Reading14 Sept 2016

Singapore named Asia’s most sustainable city

Singapore has been listed as Asia’s most sustainable city, and second in the world, in this year’s Sustainable Cities Index by Arcadis, media reports said. This is a major improvement from last year...

Continue Reading14 Sept 2016

Leedon Park GCB could fetch over $70 million

A sprawling good class bungalow (GCB) located on one of the highest points of the Leedon Park GCB area has been launched for sale, revealed sole marketing agent JLL...

Continue Reading13 Sept 2016

More Indonesians buying up Singapore property

The number of Indonesian nationals purchasing luxury homes in Singapore has nearly quadrupled from last year’s total. So far this year, Indonesians have acquired 30 properties in Singapore valued at $5 million or more...

Continue Reading13 Sept 2016

Smart technologies used in planning of Tengah

Tengah is poised to be the biggest smart and sustainable development by the HDB to date, with planners using smart technologies to promote efficient use of water and energy, as well as provide eco-friendly features...

Continue Reading13 Sept 2016

Maids can’t use pools, other condo facilities

Some condominiums in Singapore continue to enforce strict rules preventing domestic helpers from using the facilities, such as swimming pools and gymnasiums, as they are meant for homeowners only...

Continue Reading9 Sept 2016

Tengah new town to be built right into nature

Singapore’s 24th HDB town, Tengah, will be the first forest town in Singapore with a car-free town centre. National Development Minister Lawrence Wong unveiled the masterplan for the new town...

Continue Reading9 Sept 2016

CapitaLand named Asia’s most sustainable diversified property developer for sixth year

CapitaLand has been named the most sustainable diversified real estate developer in Asia by the Global Real Estate Sustainability Benchmark (GRESB) for the sixth consecutive year...

Continue Reading9 Sept 2016

Green mark criteria for residential buildings updated

The Green Mark Scheme for new residential buildings has been updated to include the use of smart technologies as one of the criteria needed for developers to have their buildings certified, media reports said...

Continue Reading8 Sept 2016

Second viewings after initial offer not always allowed

Property developer CapitaLand has come forward to clarify that home buyers are usually given access to its completed condominium units, pending completion of the sales process...

Continue Reading8 Sept 2016

S’pore home prices down 2.4% in Q2

Singapore saw house prices fall by 2.4 percent year-on-year in Q2 2016, effectively placing it among the worst performers, along with Hong Kong and Taiwan, revealed Knight Frank’s Global House Price Index...

Continue Reading8 Sept 2016

Glass house off Tanjong Katong Road goes on sale for $7.2m

An unusually large freehold semi-detached house located off Tanjong Katong Road, affectionately called “The Glass House” because of its many windows, has gone on sale at a much lower price...

Continue Reading7 Sept 2016

MAS won’t ease property cooling measures anytime soon

The Monetary Authority of Singapore (MAS) will not ease the property cooling measures which have caused home prices to drop by almost 10 percent anytime soon, media reports said...

Continue Reading7 Sept 2016

Coronation 3G privatisation offer for Sim Lian becomes unconditional

Coronation 3G's voluntary conditional cash offer for all the issued ordinary shares of Sim Lian Group (SLG) has become unconditional. This comes after the total number of shares owned,...

Continue Reading7 Sept 2016

PropertyGuru announces leadership change

After nine years heading up PropertyGuru Group, co-founder and CEO Steve Melhuish has decided to hand over the day-to-day operations to Hari V. Krishnan, who will be promoted to CEO...

Continue Reading6 Sept 2016

Anchorvale Lane EC site awarded

A hotly contested EC site at Anchorvale Lane in Sengkang was awarded to Hoi Hup Realty and Sunway Developments, after the developers jointly submitted the top bid of $241 million, said the HDB...

Continue Reading6 Sept 2016

23 HDB projects win design and construction awards

Housing projects SkyVille @ Dawson and Waterway Ridges have emerged as two of the winners at this year’s Housing and Development Board (HDB) Design Awards...

Continue Reading6 Sept 2016

Kampung Admiralty to offer first automated bicycle parking system

Kampung Admiralty, an 11-storey integrated development in Woodlands, will feature the first automated bicycle parking system in Singapore when it opens in Q3 2017, media reports said...

Continue Reading5 Sept 2016