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Gem Residences sells 300 units within four hours

Around 300 units at the 578-unit Gem Residences in Toa Payoh were snapped up during its VIP sales booking day on Friday (27 May), bucking the trend of slow home sales in the private housing market...

Continue Reading27 May 2016

CDL in potential PPS deal worth $350 million

According to media reports, CDL has appointed JLL to help search for potential investors for its third Profit Participation Securities (PPS) platform, which involves three residential projects...

Continue Reading27 May 2016

S'pore property market closer to bottom than HK

LaSalle Investment Management believes that Singapore’s real estate market could reach its lowest level sooner than Hong Kong, media reports said...

Continue Reading27 May 2016

Hacker houses take root in Singapore

As more startups emerge in Singapore, some people are trying the concept of working and living together with their colleagues under one roof, according to media reports...

Continue Reading27 May 2016

News Roundup (16/05/2016 – 27/05/2016)

Our top Singapore and regional property stories Fight over HDB flat goes to court In a case pending before the High Court in Singapore, a woman has sued her two grandchildren for attempting to sell an HDB flat she claims she solely paid for, reported The Straits Times. According to Madam...

Continue Reading27 May 2016

The life of the leisure class: Looking at Sentosa Cove

Sentosa Cove is a private, exclusive enclave, meant for the wealthiest of the wealthy. But cooling measures have caused transaction prices to plummet. Can HDB upgraders ever reach this Promised Land? We give you the Guru View.

Continue Reading27 May 2016

Tampines North: The next home design, furnishing and electronics hub

The master plan for Singapore’s East region seem to contain all the ingredients for Tampines North to emerge as the next home design, furnishing and electronics hub.

Continue Reading27 May 2016

Housing highlights

A look at some of the developments shaping Singapore’s skyline. In this edition: Cluny Park Residence and Skyline Residences.

Continue Reading27 May 2016

Eye on Sentosa: Sun, sea and sales

Once a British military base and Japanese killing field, Sentosa has transformed into one of the Southeast Asia’s most popular island resorts, with plenty of luxury homes to boot. We look into its past, present and future.

Continue Reading27 May 2016

Is Ang Mo Kio the best mature estate for property investment?

With lower average prices and higher rental yield, coupled with a well laid out master plan for rejuvenation, properties in Ang Mo Kio have been marked to perform better than their counterparts.

Continue Reading27 May 2016

URA releases residential site at West Coast Vale

A 99-year leasehold residential site at West Coast Vale has been released under the reserve list of the first half 2016 Government Land Sales (GLS) Programme, said the URA...

Continue Reading26 May 2016

23 units at Starlight Suites sold in bulk sale for $48m

To avoid paying extension charges, the 23 remaining unsold units in Starlight Suites in River Valley have changed hands for around $48 million to a firm linked to Evia Capital, media reports said...

Continue Reading26 May 2016

9 projects commended for boosting construction productivity

Singapore’s Building and Construction Authority (BCA) has recognised nine property developments for taking the initiative to improve productivity in how they were built...

Continue Reading26 May 2016

11 bids for Bukit Batok mixed-use site

Despite the slowdown in Singapore’s property market, the tender for a residential and commercial site in Bukit Batok drew 11 bids, with a Chinese developer submitting the highest offer...

Continue Reading25 May 2016

Applicants less likely to get BTO flats in mature towns: Wong

Following the start of the Housing Board’s May 2016 sales exercise, National Development Minister Lawrence Wong reminded potential buyers that it’s not easy to purchase BTO flats in mature estates...

Continue Reading25 May 2016

HDB launches almost 9,000 flats in May

The Housing and Development Board (HDB) launched 8,940 new flats for sale on Tuesday (24 May) under its May 2016 sales exercise. They comprise 3,770 Build-To-Order (BTO) flats across four projects...

Continue Reading24 May 2016

Tan Tock Seng’s descendants sell Cuscaden Rd bungalow for $145m

Hong-based Shun Tak Holdings, a company founded by casino mogul Stanley Ho, has purchased a bungalow at 9 Cuscaden Road for $145 million. This is the group’s first foray into Singapore...

Continue Reading24 May 2016

En bloc market unlikely to pick up soon

Despite Qingjian Realty’s $638 million acquisition of Shunfu Ville last week, other en bloc deals are unlikely to follow anytime soon, given the prevailing tough market conditions, media reports said...

Continue Reading24 May 2016

Buyer fails to obtain legal ownership of HDB flat

The High Court has rejected a man’s bid to obtain legal ownership of an HDB resale flat that was bought from the representative of a man with dementia, according to media reports...

Continue Reading24 May 2016