Provence Residence sells 53% of units launched
Provence Residence sold 220 of its 413 units during its launch, with the selling price of the units averaging $1,142 per sq ft.
Continue Reading • 17 May 2021
Construction on two Jurong Region Line stations to be completed by 2029
Construction for the two new Jurong Region Line stations located near Enterprise Road and Jalan Tukang is expected to be completed by 2029.
Continue Reading • 14 May 2021
Singapore’s condo resale volume hit 11-year high in April
Sales volumes for resale condominiums in Singapore grew 528.7% from last year, to hit an 11-year high of 1,993 transactions in April 2021.
Continue Reading • 14 May 2021
CapitaLand’s improving operational performance continued into Q1 2021
Residential units sold in Singapore increased by almost four-fold compared to a year ago.
Continue Reading • 12 May 2021
BTO projects 'to be delayed' by a year or more, says Wong
Build-to-Order (BTO) housing projects to be delayed by one year or even more amid the tightened COVID-19 border measures.
Continue Reading • 12 May 2021
Construction firms may seek to adjust value of business contracts amid increased labour costs
In a bid to mitigate the impact of the border restrictions, the government has also increased foreign worker levy rebates from $90 per month to $250 per month per worker from May to December.
Continue Reading • 12 May 2021
4,600 public rental households have moved to home ownership in the past five years: MND
Of these, 36% became home owners in less than five years, 32% moved into their own homes in five to 10 years, whilst the remaining 32% achieved home ownership after more than 10 years of living in public rental flats.
Continue Reading • 11 May 2021
Around 2,000 HDB units still do not have direct lift access due to technical and cost constraints: HDB
HDB noted that it is not possible to implement the LUP due to prohibitive costs or technical constraints.
Continue Reading • 11 May 2021
Chip Eng Seng, SingHaiyi, Chuan Investments JV clinches Maxwell House for $276.8mil
The joint tenders plan to seek approval from the URA to redevelop the commercial property into a “mixed-use development.
Continue Reading • 10 May 2021
Park Nova penthouse sets new record of $5,838 psf
The 5,899 sq ft penthouse, the biggest at Park Nova, was sold for $34.438 million or $5,838 per sq ft (psf).
Continue Reading • 10 May 2021
One Bernam sells over 80% of released units at launch
90% of the units sold were 1- and 2-bedroom units.
Continue Reading • 10 May 2021
More execs cite cooling measures as biggest risk facing property market
Of the 50 real estate executives surveyed in March, 87.8% believe the possibility of property cooling measures is the biggest risk the property market faces in the next six months.
Continue Reading • 7 May 2021
URA awards Northumberland Road site to CDL, MCL Land joint venture
The Northumberland Road site sold for $445.888 million and can potentially yield 405 housing units.
Continue Reading • 6 May 2021
Kitchen ceiling leak not covered by HDB's Goodwill Repair Assistance scheme
As the kitchen ceiling leak in Whing Yeok Leng's HDB flat was caused by a leak in the water supply pipe she had encased with PVC trunking, it did not fall within the scope of HDB's Goodwill Repair Assistance scheme.
Continue Reading • 5 May 2021
ERA unveils $10mil support plan to help 8,000 agents
The $10 million support plan by ERA Network Realty aims to offer courses on digital adoption, skills training and career progression to over 8,000 agents.
Continue Reading • 4 May 2021
Young couples quest for dream homes marred by construction delays, rising prices
Over 40,000 households have to wait for an extended six to nine months, or even a year, for their BTOs to be ready. In turn, rental and resale flat prices are increasing.
Continue Reading • 3 May 2021
More buyers looking for bigger homes amid pandemic
The sales for new homes above 1,200 sq ft increased 72%, from 362 units in Q4 2020 to 623 units in Q1 2021.
Continue Reading • 3 May 2021
Park Nova to open for preview this Saturday
Located at 18 Tomlinson Road, Park Nova is a 54-unit condominium within walking distance to Orchard MRT Station.
Continue Reading • 30 Apr 2021
Number of million-dollar HDB flats may hit new record this year, OrangeTee & Tie
Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie, said 53 resale flats were sold for at least $1 million in Q1 2021 – the highest quarterly sales on record.
Continue Reading • 29 Apr 2021
Residential sector leads investment sales in Q1
The residential sector accounted for 39% or $1.8 billion of total investment sales in Q1 2021.
Continue Reading • 29 Apr 2021