30 Bideford Road up for sale for $600mil
The 18-storey freehold mixed-use development sits on a 21,602 sq ft site and is located 600m from Somerset MRT station.
Continue Reading • 28 Dec 2021
Bukit Batok EC site to receive keen interest despite new curbs
The Bukit Batok West Avenue 8 EC site is expected to yield about 375 residential units.
Continue Reading • 28 Dec 2021
Guocoland unveils two new senior appointments
Andrew Chew will serve as Group Chief Financial Officer for GuocoLand and Valerie Wong as Group General Manager, Asset Management.
Continue Reading • 24 Dec 2021
Lakepoint Condominium enters private treaty negotiations process
Located at Lakepoint Drive, the 309-unit Lakepoint Condominium, which sits on a 562,286 sq ft site, fell short of its reserve price of $640 million.
Continue Reading • 24 Dec 2021
Singapore buyers prefer homes with more living space
The changes brought on by the COVID-19 pandemic has resulted in a preference for larger homes that are closer to amenities such as gyms, parks, and schools.
Continue Reading • 22 Dec 2021
En bloc hopefuls march ahead with tenders despite new curbs
Despite the increased ABSD rates for developers, tenders for properties such as Lakepoint Condominium, Dublin Lodge, Sixth Avenue Centre, Baode Building, and Hillview Terrace will continue.
Continue Reading • 22 Dec 2021
Foreign worker levy rebates, waiver for some employers extended until March 2022
About 15,000 firms will benefit from the foreign worker levy rebates which have been extended until March 2022.
Continue Reading • 22 Dec 2021
Singles can apply on their own under new rental flat scheme
Under the new rental flat scheme, singles can apply for a public flat individually; an appointed operator will then match them with another tenant, based on similarities.
Continue Reading • 20 Dec 2021
Perfect Ten sells 5% of units at launch
Perfect Ten sold 12 out of 230 units during its launch weekend.
Continue Reading • 20 Dec 2021
Alexandra site to be redeveloped for public housing, to yield 1,500 HDB flats
The 3.7ha Alexandra site, which will yield 1,500 units, will be less than a 10-minute walk from Redhill MRT station.
Continue Reading • 17 Dec 2021
Gov’t carefully considered scope, timing of new cooling measures
The higher ABSD aims to moderate the demand from those who wish to purchase investment properties, while tighter loan limits aim to encourage “greater financial prudence” among home buyers.
Continue Reading • 17 Dec 2021
Singapore property stocks fall amid new cooling measures
The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively.
Continue Reading • 17 Dec 2021
‘Harder hitting’ cooling measures to affect home sales, en bloc market
The new Singapore property cooling measures might see a slow down in the new home sales for December and curbed momentum in the en bloc market.
Continue Reading • 17 Dec 2021
HDB to launch up to 23,000 new BTO flats per year over next two years
Separately, the government has also released five confirmed list sites and eight reserve list sites for the 1H 2022 GLS programme.
Continue Reading • 16 Dec 2021
Woman admits to purchasing properties on behalf of three foreigners
For purchasing a restricted residential property on behalf of a foreigner, the 49-year-old Singaporean, Song Fanrong, could be imprisoned for up to three years, fined by up to $100,000, or both.
Continue Reading • 15 Dec 2021
Baode Building up again for collective sale, price unchanged at $27mil
Located at 8 Lorong 35 Geylang, Baode Building sits on an 11,102 sq ft site near Paya Lebar MRT station and a cluster of malls including PLQ Mall, Paya Lebar Square and Singpost Centre.
Continue Reading • 15 Dec 2021
43 cases of fallen windows in first 11 months of 2021
Of the 43 cases of fallen windows, 50% involved casement windows.
Continue Reading • 13 Dec 2021
Shun Tak acquires High Point for $557mil
Located at 30 Mount Elizabeth, the 22-storey residential property, High Point, has been acquired for $557 million by Shun Tak Holdings.
Continue Reading • 10 Dec 2021
Build-To-Rent model – an alternative housing option?
Should the Build-To-Rent (BTR) model be implemented, it could benefit diverse groups such as the elderly who are empty-nesters and younger Singaporeans who crave their own space or have foreign partners.
Continue Reading • 10 Dec 2021
The Beaumont up for en bloc sale for $478mil
Located at 145 and 147 Devonshire Road, The Beaumont occupies a 74,739 sq ft site just minutes away from the Orchard Road shopping belt.
Continue Reading • 10 Dec 2021