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NPRs buy 18.2% of Parc Clematis home units

The sales figure gives the development the distinction of having the highest number of foreign buyers in Q3 2019.

Continue Reading4 Nov 2019

216 Sengkang Grand Residences units sold at launch weekend

Singaporeans accounted for the bulk of the buyers at 93%, while the remaining 7% were permanent residents and foreigners primarily from Malaysia, China, India and the Philippines.

Continue Reading4 Nov 2019

Residential listings under mortgagee sale grow by 14.4% in Q3 2019

The growth in residential listings under mortgagee sale was due to added pressures on owners that were overly exposed in the middle of increased volatility in the financial markets.

Continue Reading1 Nov 2019

Irwell Bank Road residential site for sale for $650m

This residential site was also launched under the government land sales (GLS) programme’s confirmed list for the second half of 2019.

Continue Reading1 Nov 2019

HDB to install 6,000 digital screens in housing estates

Residents will be able to keep up with local estate news, nationwide updates on public health advisories and emergencies, and more.

Continue Reading31 Oct 2019

Rents for ultra-luxury residential properties grow 10.6% in Q3 2019

Rental yields for the ultra-luxury properties increased from the previous quarter but remained unchanged for the mass market residential properties.

Continue Reading31 Oct 2019

No recession for Singapore “at this point in time": Chan Chun Sing

Singapore’s Minister for Trade and Industry Chan Chun Sing believes that the city-state would not be entering a recession for now, reported CNBC.Often seen as a bellwether for global growth, Singapore’s economy avoided a technical recession this year after expanding by 0.6% during the third...

Continue Reading30 Oct 2019

Condominium prices in RCR sees 6.3% rise in Q3 2019

The growth was partly due to the revealing of plans for the Greater Southern Waterfront at the National Day Rally.

Continue Reading30 Oct 2019

Midwood condominium sees 24 units sold during launch weekend

Developer Hong Leong Holdings has sold 24 units out of the 50 it released over the launch weekend of its Midwood condominium, reported The Business Times.The 99-year leasehold project’s apartment sizes range from 484 sq ft for single-bedroom units to 1,259 sq ft for four-bedroom units. Selling...

Continue Reading29 Oct 2019

10 SG private estates to enjoy $29 million upgrade

A total of $29 million has been set aside by the Ministry of National Development (MND) for the upgrade of 10 private estates.The estates are – Cheng San Cactus Sunrise, Frankel, Fulton, Kew, Mei Hwan, Namly, Pasir Panjang Private Estate (East), Thomson Adelphi & Soo Chow, and Pemimpin,...

Continue Reading29 Oct 2019

Condo management fails in legal bid against shoe cabinet

A management corporation’s (MC) bid to remove a shoe cabinet placed at the common corridor of The Infiniti condominium in West Coast Park has been denied by a judge.In ruling for the case, District Judge Lim Wen Juin noted that while the presence of the shoe cabinet beside the apartment’s front...

Continue Reading29 Oct 2019

Private home prices, HDB resale prices up in Q3 2019

Meanwhile, buyer demand for HDB resale flats has remained surprisingly resilient, with 6,264 resale flats changing hands, which is almost on par with the 6,276 units transacted in Q2 2019.

Continue Reading25 Oct 2019

Paya Lebar Quarter by Lendlease officially launched

Minister for National Development and Second Minister for Finance, Lawrence Wong said that the mixed development is a "tremendous opportunity to reimagine and remake Paya Lebar for the future, even for the next century".

Continue Reading25 Oct 2019

Sengkang Grand Residences apartments to open for preview on Friday, with units priced from $798,000

Located in Sengkang Central, the residential component comprises 680 residential units that are spread across nine blocks. Prices start from $798,000 for the one-bedroom with a study unit.

Continue Reading24 Oct 2019

HDB deficit increases to $2 billion in 2019

HDB saw its annual deficit rise to nearly $2 billion, due to a combination of fewer flat sales, disbursement of CPF housing grants, as well as the expected loss of flats under development.

Continue Reading24 Oct 2019

Singapore’s core inflation gauge rises by 0.7 percent in September

However, overall inflation grew by 0.5 percent from September last year, the same from last month.

Continue Reading24 Oct 2019

Delta-shaped site at 62 Florence Road for sale for S$13.5m

The unique delta-shaped site is zoned Residential under the 2019 Draft Master Plan and has a land area of around 15,871 sq ft with a 1.4 plot ratio.

Continue Reading23 Oct 2019

Agents’ professional standards have improved, say property industry players

A CEA spokesperson has observed an “overall decrease” in complaints relating to agents acting against their clients’ interest or unethically from 2017 to 2018.

Continue Reading23 Oct 2019

Property agent fined and suspended for unethical and unprofessional conduct

James Ngu was fined and suspended by the Council for Estate Agencies (CEA) for trying to negotiate for a higher commission for himself.

Continue Reading22 Oct 2019

Remove income ceiling for first-time HDB buyers, Ho Ching

In vouching for public housing, Mdm Ho said people should make a smarter wealth choice by opting to live in HDB housing.

Continue Reading22 Oct 2019