CapitaLand’s improving operational performance continued into Q1 2021
Residential units sold in Singapore increased by almost four-fold compared to a year ago.
Continue Reading • 12 May 2021
BTO projects 'to be delayed' by a year or more, says Wong
Build-to-Order (BTO) housing projects to be delayed by one year or even more amid the tightened COVID-19 border measures.
Continue Reading • 12 May 2021
Construction firms may seek to adjust value of business contracts amid increased labour costs
In a bid to mitigate the impact of the border restrictions, the government has also increased foreign worker levy rebates from $90 per month to $250 per month per worker from May to December.
Continue Reading • 12 May 2021
4,600 public rental households have moved to home ownership in the past five years: MND
Of these, 36% became home owners in less than five years, 32% moved into their own homes in five to 10 years, whilst the remaining 32% achieved home ownership after more than 10 years of living in public rental flats.
Continue Reading • 11 May 2021
Around 2,000 HDB units still do not have direct lift access due to technical and cost constraints: HDB
HDB noted that it is not possible to implement the LUP due to prohibitive costs or technical constraints.
Continue Reading • 11 May 2021
Chip Eng Seng, SingHaiyi, Chuan Investments JV clinches Maxwell House for $276.8mil
The joint tenders plan to seek approval from the URA to redevelop the commercial property into a “mixed-use development.
Continue Reading • 10 May 2021
Park Nova penthouse sets new record of $5,838 psf
The 5,899 sq ft penthouse, the biggest at Park Nova, was sold for $34.438 million or $5,838 per sq ft (psf).
Continue Reading • 10 May 2021
One Bernam sells over 80% of released units at launch
90% of the units sold were 1- and 2-bedroom units.
Continue Reading • 10 May 2021
More execs cite cooling measures as biggest risk facing property market
Of the 50 real estate executives surveyed in March, 87.8% believe the possibility of property cooling measures is the biggest risk the property market faces in the next six months.
Continue Reading • 7 May 2021
URA awards Northumberland Road site to CDL, MCL Land joint venture
The Northumberland Road site sold for $445.888 million and can potentially yield 405 housing units.
Continue Reading • 6 May 2021
Kitchen ceiling leak not covered by HDB's Goodwill Repair Assistance scheme
As the kitchen ceiling leak in Whing Yeok Leng's HDB flat was caused by a leak in the water supply pipe she had encased with PVC trunking, it did not fall within the scope of HDB's Goodwill Repair Assistance scheme.
Continue Reading • 5 May 2021
ERA unveils $10mil support plan to help 8,000 agents
The $10 million support plan by ERA Network Realty aims to offer courses on digital adoption, skills training and career progression to over 8,000 agents.
Continue Reading • 4 May 2021
Retreat to the french countryside at provence residence
Developed by MCC Land, Provence Residence is a 413-unit EC that offers French-inspired living in the heart of Canberra.
Continue Reading • 3 May 2021
Park Nova to open for preview this Saturday
Located at 18 Tomlinson Road, Park Nova is a 54-unit condominium within walking distance to Orchard MRT Station.
Continue Reading • 30 Apr 2021
Number of million-dollar HDB flats may hit new record this year, OrangeTee & Tie
Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie, said 53 resale flats were sold for at least $1 million in Q1 2021 – the highest quarterly sales on record.
Continue Reading • 29 Apr 2021
Residential sector leads investment sales in Q1
The residential sector accounted for 39% or $1.8 billion of total investment sales in Q1 2021.
Continue Reading • 29 Apr 2021
23 HDB resale flats in non-mature estates transacted for over $800,000 in Q1
Last month, a transaction in Punggol came fairly close as a nine-year-old premium flat was sold for $910,000, showed OrangeTee & Tie's HDB Market Pulse Q1 2021 report.
Continue Reading • 28 Apr 2021
Northumberland Road site attracts 10 bids
City Developments (CDL) and MCL Land submitted the top bid of $445.888 million, or $1,129 psf for the 8,732.9 sq m site.
Continue Reading • 28 Apr 2021
Construction works on Cross Island Line Pasir Ris station to start in Q4
A $980 million civil contract for the project has been awarded to a joint venture comprising Daewoo Engineering and Construction as well as Dongah Geological Engineering’s Singapore branch.
Continue Reading • 27 Apr 2021
Singapore auction market sees higher success rate in Q1 2021
Knight Frank expects success rates to hit 5% of auction listings for the rest of 2021.
Continue Reading • 27 Apr 2021