Dispute on development charges for KTM land resolved
M+S Pte Ltd will not have to pay development charges on three parcels of land formerly occupied by Malayan Railways (KTM) in Singapore.
Continue Reading • 3 Nov 2014
HDB's decision goes under judicial review
A 47-year-old businessman wants the High Court to review whether HDB acted unfairly in its decision to seize his flat.
Continue Reading • 3 Nov 2014
Singapore tops ease of business ranking again
Singapore continues to be the economy with the most business-friendly regulations, according to the World Bank's annual Doing Business survey.
Continue Reading • 3 Nov 2014
More interim flats for couples
The government will increase the supply of flats under the Parenthood Provisional Housing Scheme (PPHS) by adding another 800 flats, including in Bukit Merah and Queenstown.
Continue Reading • 31 Oct 2014
Lake Life's average price below $860 psf
The Lake Life executive condominium (EC) in Jurong Lake District has unveiled the pricing of its units.
Continue Reading • 31 Oct 2014
Diversifying not enough to plug CDL's decline in S'pore: Barclays
Despite stepping up its overseas expansions and investments, City Development Limited (CDL)’s diversification strategy will unlikely plug the decline in its core Singapore market in the near term, said Barclays.
Continue Reading • 31 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
High-Speed Rail likely to miss 2020 deadline: M'sia
The completion of the upcoming high-speed rail (HSR) project between Singapore and Kuala Lumpur is likely to be delayed beyond its 2020 deadline, according to Malaysia's Land Public Transport Commission (SPAD).
Continue Reading • 30 Oct 2014
CEA creates online comic strips on ethical advertising
Real estate salespersons can now have a better understanding of the advertising guidelines in an engaging manner, as CEA has introduced an e-learning web application on CEA's Practice Guidelines on Ethical Advertising.
Continue Reading • 29 Oct 2014
Increased share of foreign homebuyers
The proportion of foreign homebuyers increased from 22.9 per cent in Q2 2014 to 27.7 per cent in Q3 2014, according to Knight Frank’s latest Research Bulletin for the Residential sector.
Continue Reading • 29 Oct 2014
Less new blood joining property industry
Fewer people are willing to become real estate agents given the weak transaction levels in Singapore's HDB and private housing markets.
Continue Reading • 29 Oct 2014
Project delays caused by tighter rules on foreign workers
Singapore's construction industry is suffering from late payments and project delays, as contractors are squeezed by higher operating costs and the government’s curb on foreign workforce.
Continue Reading • 28 Oct 2014
JLL reshuffles Singapore Capital Markets team
JLL Singapore Capital Markets business will see some senior director changes as of 1 November 2014.
Continue Reading • 28 Oct 2014
HSR project to benefit both countries
The Kuala Lumpur-Singapore high-speed rail (HSR) project should not be viewed as a mere transportation upgrade, but as a project that would benefit both Malaysia and Singapore...
Continue Reading • 24 Oct 2014
More senior executives leaving CapitaLand
Deputy CEO of CapitaMalls Asia Simon Ho, and CEO of CapitaMalls Malaysia REIT Management Sharon Lim will be resigning.
Continue Reading • 24 Oct 2014
High-Speed Rail may start construction next year
The High-Speed Rail (HSR) link between Kuala Lumpur and Singapore is expected begin construction in Q3 2015 and details will be finalised at a meeting between the two governments early next year.
Continue Reading • 23 Oct 2014
No pressure to redevelop vacated prime sites
As the government vacates prime sites meant for housing, authorities are looking into their temporary use.
Continue Reading • 20 Oct 2014
CapitaLand S'pore CEO to take over residential arm
CEO of CapitaLand Singapore (Residential) Wong Heang Fine will be resigning at the end of October and CEO of CapitaLand Singapore Wen Khai Meng will assume Wong’s duties and responsibilities.
Continue Reading • 20 Oct 2014
Singapore residential developer stocks named the region's cheapest
Singapore's residential developer stocks have been dubbed as the cheapest in the region, after witnessing the region’s worst downgrade in price-to-book valuation since 2009.
Continue Reading • 20 Oct 2014
Singapore ranked best Asian country for expats: survey
Singapore came in sixth in the list of top expat destinations in a recent survey by InterNations, making it the first Asian country on the list.
Continue Reading • 15 Oct 2014