Eye on Kovan: Rising star of the northeast
Located in Hougang, Kovan tends to be slightly under the radar but that is set to change with a number of upcoming developments.
Continue Reading • 11 Nov 2014
Lake Life EC 98% sold
The 546-unit Lake Life executive condominium (EC) sold 98 percent or 534 of its apartments on Sunday, only the second day of booking.
Continue Reading • 10 Nov 2014
Frasers sold Holland Park GCB for $30 million
A buyer has reportedly obtained an option to purchase a brand new Good Class Bungalow (GCB) by Frasers Centrepoint in Holland Park for around $30 million.
Continue Reading • 10 Nov 2014
CapitaLand's revenue down 4.3% in Q3
CapitaLand Limited's group revenue slipped 4.3 percent to $918.9 million in Q3 2014, from $960.1 million in Q3 2013, with Singapore and China accounting for 75.7 percent of revenue.
Continue Reading • 10 Nov 2014
Falling HDB prices led to higher EC vacancy
Falling prices in the HDB resale market has resulted in more vacant Executive Condominiums (ECs), according to Century 21's Chief Executive Ku Swee Yong.
Continue Reading • 7 Nov 2014
Several MCL Land projects fully pre-sold
Three condominiums by MCL Land are 100 percent pre-sold; Uber 388, Terrasse, and Ripple Bay.
Continue Reading • 6 Nov 2014
Roxy-Pacific records revenue growth
Roxy-Pacific Holdings Limited registered a 25 percent increase in revenue to $249.2 million for 9M 2014, from $199.4 million in 9M2013.
Continue Reading • 6 Nov 2014
Blackstone keen to buy residential units in S'pore
Global investment and advisory firm Blackstone is said to be doing due diligence for bulk purchases of luxury residential units in Singapore.
Continue Reading • 5 Nov 2014
Last quarter likely to be quiet
Prices of private residential property could show slowing declines in Q4 2014.
Continue Reading • 31 Oct 2014
Declining prices to continue into 2015: PropNex
PropNex predicts price decline in the private residential market will persist due to weak demand caused by various factors, such as the total debt servicing ratio (TDSR) and additional buyer's stamp duty (ABSD).
Continue Reading • 30 Oct 2014
"Meaningful correction" still unachieved: Tharman
The government is unlikely to relax property cooling measures any time soon, judging from Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam’s views that there is "some distance to go in achieving a meaningful correction."
Continue Reading • 30 Oct 2014
Resale private homes prices down in September
Prices of resale private homes in Singapore dropped in September, according to Singapore Residential Price Index (SRPI) flash estimates released on Tuesday.
Continue Reading • 29 Oct 2014
Rents of luxury units declining: report
The average monthly gross rents of luxury/super-luxury apartment could decline by about 5 percent for the whole of 2014.
Continue Reading • 27 Oct 2014
Cairnhill Mansions gives en bloc another go
The ageing Cairnhill Mansions near Goodwood Park Hotel in District 9 is expected to make its fourth attempt at an en bloc sale.
Continue Reading • 24 Oct 2014
Eye on Marine Parade: Reclaimed Glory
Just over 40 years ago, it would have been rather hard to imagine Marine Parade's mere existence. Built entirely on reclaimed land in the 1970s, Marine Parade was developed covering 50 hectares to house over 7,000 units of flats.
Continue Reading • 24 Oct 2014
Reduced BTO flats will not affect resale market: analysts
The government's plan to slash the number of Build-to-Order (BTO) flats to be launched next year will have no significant effect on the resale market as the estimated 16,000 BTO flats set to be launched in 2015 are said to be more than adequate.
Continue Reading • 23 Oct 2014
Developers, buyers adapting to market conditions: CBRE
Smaller homes will continue to be a preferred choice for developers and homebuyers, according to a CBRE report.
Continue Reading • 21 Oct 2014
Condos below $1.25mil preferred
The majority of new private home sales in the non-landed segment in H1 2014 were priced below $1.25 million, according to a study by CBRE.
Continue Reading • 16 Oct 2014
Luxury property sellers willing to negotiate
Several ultra-rich buyers are now starting to scour the market for bulk acquisitions of underpriced high-end residential units with potential for long-term capital appreciation.
Continue Reading • 16 Oct 2014
Falling property prices pose risk for economy
Although Singapore's falling construction activity is negatively affecting its economy, a sharp drop in property prices could pose a greater threat.
Continue Reading • 15 Oct 2014