Three-storey building sold for $18mil in this year’s first collective sale
Three adjoining three-storey residential buildings at 2, 4 and 6 Mount Emily Road have been sold en bloc for $18 million to ZACD International, making the transaction this year’s first collective sale.
Continue Reading • 2 Mar 2021
Development charge rates reduced for commercial use, increased for residential use
CBRE observes that the continued downward adjustment of 1.5% of DC rates is "not surprising", given "the lower level of commercial transactions taking place".
Continue Reading • 1 Mar 2021
Elderly buyers booked over half of new two-room Flexi flats offered
Elderly buyers aged 55 and above booked 56% or 14,153 units, while singles, who were allowed to acquire such units in non-mature estates, booked about 38% or 14,153 units.
Continue Reading • 1 Mar 2021
Government adopts consultative, calibrated approach in balancing heritage preservation with development needs
Ministry of National Development (MND) reveals that URA closely works with NHB as well as expert panels and key stakeholders to integrate heritage considerations upstream in its land use planning process.
Continue Reading • 26 Feb 2021
Dublin Lodge on sale for $67.55mil
Located in prime District 9, this works out to 2,500 per sq ft based on the 2,510.2 sq m (27,020 sq ft) land area.
Continue Reading • 25 Feb 2021
PropNex profit jump 47.8% in 2020 despite pandemic
The group noted that their 2020 performance was led by domestic demand coming from both the public housing and private residential segments.
Continue Reading • 25 Feb 2021
Industry players urged to remain prudent, not stoke exuberant sentiments in property market
This comes as Singapore’s property market remained buoyant with private home prices rising 2.2% in 2020 even as the economy plunged into recession.
Continue Reading • 24 Feb 2021
7 urban farming sites at HDB car park rooftops launched for tender
The sites are located in Jurong West, Bukit Panjang, Sembawang and Woodlands, revealed SFA and HDB in a joint release.
Continue Reading • 24 Feb 2021
The Atelier to open for preview this Saturday
Prices for one-bedroom units start from $1.51 million, while two-bedroom units go from $2.48 million.
Continue Reading • 23 Feb 2021
Two adjoining sites at Still Road, Koon Seng Road on sale for $21mil
97 & 99 Still Road is occupied by 29-room Malacca Hotel, while 137 Koon Seng Road houses a two-storey residential block used as a workers’ quarters as well as Malacca Hotel’s administrative office.
Continue Reading • 23 Feb 2021
Queen Astrid Gardens relaunched for en bloc sale for $123.8mil
Potential buyer can retain its current use as apartments, redevelop it into a single mansion or subdivide it into up to four GCB parcels, subject to the relevant authorities’ approval. Image: Knight Frank
Continue Reading • 23 Feb 2021
HDB disbursed close to $500mil in Enhanced CPF Housing Grant to first-time flat buyers
7,700 first-timer households acquiring new flats have applied for the EHG from 11 September 2019 to 31 December 2020. It has disbursed around $270 million in EHG to such households.
Continue Reading • 22 Feb 2021
Two residential sites at Institution Hill sold for $33.6mil
Located within the prime District 9, both sites have a 999-year leasehold tenure. They have a combined area of 813.9 sq m (8,761 sq ft) and a plot ratio of 2.8.
Continue Reading • 22 Feb 2021
999-year leasehold residential site in Kovan on sale for $18 million
Located within the mature Kovan estate, the 1,955.2 sq m (21,046 sq ft) site is zoned for residential use under the 2019 Master Plan with a plot ratio of 1.4 and is held by a single owner.
Continue Reading • 19 Feb 2021
Jansen Mansions goes en bloc again, with lower reserve price
The $19.8 million price works out to a land rate of $879 per sq ft per plot ratio (psf ppr), inclusive of the development charge as well as the 7% bonus balcony space.
Continue Reading • 19 Feb 2021
Low interest rates pose risks to property market, warns Heng
This comes as Singapore’s housing market registered a rapid recovery after the COVID-19 pandemic brought the economy to its worst recession, sparking speculation that the government would once again intervene and roll-out new cooling measures.
Continue Reading • 18 Feb 2021
Government to help families with $900mil Household Support Package
Given out every three months, the GST Voucher - U Save rebates help HDB households with their utility bills.
Continue Reading • 17 Feb 2021
Government to issue new bonds to fund major infrastructure projects
These projects include new MRT lines as well as infrastructure that protect against rising sea levels.
Continue Reading • 17 Feb 2021
Guocoland brings largest garden collection in CBD
Guoco Midtown Gardens will consist of 30 thematic gardens and landscaped spaces spanning 3.8 hectare. Ten of the gardens will be made publicly accessible.
Continue Reading • 16 Feb 2021
New private home sales jump 32.2% in January
Normanton Park emerged as the best-selling project in January, shifting 625 units. It was followed by Parc Central Residences EC and The Reef at King’s Dock, which moved 417 and 221 units, respectively.
Continue Reading • 16 Feb 2021