Feng Ming Construction fined $55,000 for damaging water main
The incident led to a nine-and-a-half hours water disruption for 38 households within the area.
Continue Reading • 15 Sep 2020
Savills Residential to merge with Huttons Asia
With the merger, Hutton’s current pool of 3,044 brokers will be strengthened by the 582 commission-only residential brokers of Savills being invited to join.
Continue Reading • 15 Sep 2020
Singapore ranked 48th in the world in Q2 2020 global house price index, Knight Frank
The report tracks the movement in mainstream residential prices across more than 50 countries and territories worldwide using official statistics.
Continue Reading • 14 Sep 2020
HDB estates to have designated signage for entry and exit points
This comes after a firefighting vehicle was unable to access The Peak @ Toa Payoh after a fire had broken out at the HDB flat in August.
Continue Reading • 11 Sep 2020
New home sales in August highest since September 2019
New home sales in Singapore hit a 11-month high in August, selling 1,227 units.
Continue Reading • 10 Sep 2020
MPs want government to review means-testing criteria for financial aid
Christopher de Souza (Holland-Bukit Timah GRC) said eligibility for SIRS should be based on home ownership and not on the type and value of residence.
Continue Reading • 10 Sep 2020
Penrose condo to preview this Saturday
Early bird prices for the units, on the other hand, start from $788,000 for a one-bedder, $943,000 for a two-bedder, $1.33 million for a three-bedder and $2.11 million for a four-bedder.
Continue Reading • 10 Sep 2020
New 0.9 Ha Integrated Development in Chong Pang City to Be Ready by 2027
Chill @ Chong Pang will upgrade the existing amenities at Chong Pang City Community Centre.
Continue Reading • 9 Sep 2020
Construction Work on Tuas Nexus Facility, Singapore’s First Integrated Water and Solid Waste Treatment Facility
Tuas Nexus will integrate the Tuas Water Reclamation Plant (Tuas WRP) and Integrated Waste Management Facility (IWMF) to “help forge a more sustainable Singapore by optimising land use, and maximising energy and resource recovery.
Continue Reading • 9 Sep 2020
Residential property transactions to gradually improve this year, Edmund Tie
This comes as the progressive reopening of Singapore’s economy from early June saw an uptick in residential transaction volumes.
Continue Reading • 8 Sep 2020
One-third of Forett at Bukit Timah sold since launch
Forett at Bukit Timah has sold 212 units in a month.
Continue Reading • 8 Sep 2020
MND studying to incorporate HDB flat designs to support working from home
The Ministry of National Development is studying how HDB flat designs can support developments in the future of work, including trends that may have been accelerated by COVID-19, such as telecommuting.
Continue Reading • 7 Sep 2020
HDB received 370 requests for rent assistance per month this year
From January to July 2020, 325 households per month had their rents reduced, while 1,470 households per month were emplaced on or renewed for ComCare rent assistance.
Continue Reading • 7 Sep 2020
Verdale registers 268 appointments during weekend preview
Interest was seen from a mix of potential buyers within the immediate vicinity as well as other districts, including young couples, multi-generational families and singles.
Continue Reading • 7 Sep 2020
Huttons: En bloc cycle might start in 2021
With the number of uncompleted unsold units continuing to trend downwards, Huttons Asia sees a potential en bloc cycle next year.
Continue Reading • 4 Sep 2020
Verdale to open for public preview on 5 September
The 99-year private residential development in District 21 will be open for preview this Saturday, with the official sales launch on 19 September.
Continue Reading • 4 Sep 2020
UOB, CapitaLand collaborate for Singapore’s first dual tranche SORA-SOFR loan
The dual-tranche loan references both the Secured Overnight Financing Rate (SOFR) and the Singapore Overnight Rate Average (SORA), making it the first of its kind within Singapore.
Continue Reading • 3 Sep 2020
Queen Astrid Gardens up for en bloc sale, owners expect $126.8mil for GCBA site
The 999-year leasehold, four-storey condominium comprises 16 residential units and sits on the Queen Astrid Park Good Class Bungalow Area (GCBA).
Continue Reading • 3 Sep 2020
Foreigners continue to actively participate in Singapore’s housing market, Knight Frank
In Q2 2020, foreign homebuyers – which comprised both Singapore permanent residents and foreigners – accounted for 18.3% of acquisitions, a slight drop from the 20.2% recorded in Q1 2020.
Continue Reading • 2 Sep 2020
PropertyGuru Group Raises S$300M in Latest Round of Funding
PropertyGuru Group announced today that it has received an additional investment of S$300 million from TPG and KKR (via KKR Asian Fund III).
Continue Reading • 2 Sep 2020