Singapore

News, Resource and information of Singapore for Singapore property market by PropertyGuru.com.sg, Singapore’s leading property site.

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 Reading3 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 Reading3 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 Reading3 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 Reading31 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 Reading31 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 Reading31 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 Reading30 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 Reading30 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 Reading29 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 Reading29 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 Reading29 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 Reading28 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 Reading28 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 Reading24 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 Reading24 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 Reading23 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 Reading20 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 Reading20 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 Reading20 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 Reading15 Oct 2014