Show galleries to re-open on 19 June
However, safe management measures must be implemented to reduce the risk of Covid-19 transmission.
Continue Reading • 17 Jun 2020
New private homes sales spiked 75.5% in May
Including ECs, 509 units were sold in May, up 73.7% month-on-month but down 46.5% year-on-year.
Continue Reading • 16 Jun 2020
URA to review plans for urban renewal in CBD
COVID-19 has “sharpened the need” to have more mixed-development projects, amenities and housing in the CBD.
Continue Reading • 15 Jun 2020
More than 19,000 suspended home renovation projects given green light to resume
BCA noted that the resumption of renovation works will depend on the companies’ availability of supplies and manpower.
Continue Reading • 15 Jun 2020
Overall prices remain resilient despite contraction in sales volume, analysts
With developers still not allowed to open sales galleries in the city-state’s first phase of reopening post-circuit breaker period, most analysts expect prices to continue to drop.
Continue Reading • 12 Jun 2020
TSky Balmoral offers “priced to sell units” at Sloane Residences
These units have discounts between $100,000 and $123,000.
Continue Reading • 12 Jun 2020
New home sales surged by 81.3% in May despite circuit breaker
May saw some 484 new sale caveats, up 81.3% from April’s 267 new sale caveats.
Continue Reading • 11 Jun 2020
Government to help construction industry get through ‘difficult patch’, Wong
Despite the various challenges faced by the construction industry, National Development Minister Lawrence Wong says that the government will work closely with the industry during this challenging period.
Continue Reading • 10 Jun 2020
Frasers Property secures $350mil green loan for its executive condo project
Obtained via its subsidiary, Fernvale Lane, the loan marked the group’s tenth green financing initiative and the first green loan for an EC development in Singapore.
Continue Reading • 9 Jun 2020
Private home acquisitions by foreigners drop 26.1% in Q1 2020
In terms of absolute transaction volume, buyers of all residential status have declined, but the biggest drop came from foreign home buyers (non-PRs) which fell by 26.1% to 215 units in Q1 2020.
Continue Reading • 5 Jun 2020
CIMB Bank makes U-turn on floor rate following customer backlash
A group of over 100 CIMB customers had banded together and set up a website where they expressed their anger over the bank’s plan to raise the mortgage floor rates on 18 May.
Continue Reading • 4 Jun 2020
Over 5,400 renovation projects get green light to resume works
BCA noted that new applications to resume renovation works will be approved in two days provided “the submission is in order”.
Continue Reading • 4 Jun 2020
Government to build new dormitories for 100,000 foreign workers 'in the next few years'
Unused state properties, including vacant factories and former schools such as the former Bedok North Secondary School building and the former Anderson Junior College Hostel, will temporarily be fitted out to house around 25,000 workers.
Continue Reading • 3 Jun 2020
Wong urges renovation contractors to patiently work through guidelines
Although there are “quite a few” guidelines, these are necessary and Wong called on all parties involved to work through these new requirements systematically and patiently.
Continue Reading • 2 Jun 2020
HDB to offer 7,800 BTO flats in August sales exercise
The BTO exercise which was originally scheduled for May, will be combined with August's launch.
Continue Reading • 1 Jun 2020
Tanah Merah Kechil Link site launched, with longer tender period
Analysts say that the site is expected to get a good amount of interest, due to its locational attributes and affordable quantum. A residential with commercial at first storey site located at Tanah Merah Kechil Link has been launched for sale by public tender under the Confirmed List of the first...
Continue Reading • 29 May 2020
Suspended renovation works, building works for landed homes to resume from 2 June
Companies intending to restart suspended renovation works will have to secure BCA’s approval.
Continue Reading • 28 May 2020
PropertyGuru offers 360 degree walkthroughs of projects with StoryTeller
With StoryTeller, FastKey allows property developers to go to market as soon as their project is approved, without the need to wait for the construction of its show flat or sales gallery.
Continue Reading • 28 May 2020
CapitaLand obtains $500 million sustainability-linked bilateral loan from UOB
The loan is regarded to be the largest sustainability-linked bilateral loan in the real estate sector of Singapore.
Continue Reading • 28 May 2020
Fortitude Budget eyes to support workers, business
The $33 billion budget will provide support for workers and businesses to transform, adapt and seize new opportunities.
Continue Reading • 27 May 2020