Lafe Corp to sell 5 units at Emerald Hill
The wife of Lafe Corporation's Chairman plans to buy five residential units at Residences @ Emerald Hill, according to media reports.
Continue Reading • 21 Nov 2014
Larger share of $2 million homes sold in Q3
2,722 private homes were transacted in Q3 2014, and 606 units or 22% were purchased at prices above $2 million, according to report by DTZ.
Continue Reading • 20 Nov 2014
50 workers living like sardines in 2 condo units
About 50 construction workers from India and Bangladesh were crammed into two condo units in Selegie Centre near Little India, revealed a spot check by officials from the Migrant Workers’ Centre (MWC).
Continue Reading • 20 Nov 2014
Leasing volume up 15% in Q3: Savills
Leasing volume of private homes reached a new record of 17,775 cases, registering a quarterly increase of 15.2 percent or an 11 percent growth year-on-year.
Continue Reading • 19 Nov 2014
M'sian developers hit by S'pore cooling measures
Malaysian property developers that have ventured into nearby Singapore are feeling the bite of its sluggish property market and the government’s stringent curbs.
Continue Reading • 19 Nov 2014
Marina One Residences boosts October sales volume
Marina One Residences was the most popular project sold in October, according to analysts.
Continue Reading • 18 Nov 2014
50 units sold at TRE Residences for $1,416 psf
TRE Residences, a condominium project in Geylang East, sold 20 percent of its 250 units during its launch over the weekend.
Continue Reading • 18 Nov 2014
More high-end homeowners default payments
The number of houses placed on the auction block by banks has increased by nearly five-fold as borrowers struggle to sell their luxury units amid the falling prices and the government’s tough cooling measures.
Continue Reading • 17 Nov 2014
Vacant ECs in Singapore hit its highest level
The proportion of vacant Executive Condominiums (ECs) in Singapore climbed to 16.2 percent in Q3 2014, or its highest level in over five years,.
Continue Reading • 17 Nov 2014
CDL posts 4.7% profit increase
City Developments (CDL) recorded net profits of $127.2 million for Q3 2014, marking a 4.7 percent increase.
Continue Reading • 14 Nov 2014
Top rental yield projects revealed
The top five projects with the highest rental yield are mostly located in the suburbs, according to a recent report.
Continue Reading • 14 Nov 2014
Lower profit recorded from BBR's property development arm
BBR's revenue for Q3 2014 increased 43 percent to $171.6 million from $120.2 million in Q3 2013, while net profit dropped 83 percent to $1.4 million.
Continue Reading • 13 Nov 2014
49,700 new homes expected in 2015: OCBC
About 49,700 new homes expected to enter the market by FY2015, following FY2014's 50,000 new completions, and the figure is expected to increase to 73,600 by FY2016.
Continue Reading • 13 Nov 2014
HDB should set sale price caps for all homes: expert
HDB should evolve from its present role as a housing developer and focus on being a master land developer and regulator of residential prices, urged Ho Kwon Ping.
Continue Reading • 13 Nov 2014
Declining private OCR rents may affect HDB market
Declining rents for private homes in the Outside Central Region may have a spillover effect on the HDB rental market, as some tenants may consider moving to private condominiums, said OrangeTee.
Continue Reading • 13 Nov 2014
Jurong land plot to attract large developers
Singapore's largest property developers are preparing for a bidding war over a lucrative land plot across the street from Jurong Lake Park.
Continue Reading • 12 Nov 2014
Property development doubles Sim Lian's earnings
Sim Lian Group has more than double net earnings to $71.66 million for the first quarter ended 30 September.
Continue Reading • 12 Nov 2014
SingHaiyi recorded lower revenue
SingHaiyi Group Ltd reported a net profit of $1.9 million and $2.9 million for Q2 2015 and H1 2015 ended 30 September 2014.
Continue Reading • 11 Nov 2014
Landed segment feels the pinch of property curbs
The landed homes segment is bearing the brunt of the government's property cooling measures compared to the non-landed sector.
Continue Reading • 11 Nov 2014
Strong performance from Chip Eng Seng's property arm
Revenue from Chip Eng Seng's Property Developments division leaped from $21.8 million in Q3 2013 to $313.8 million in Q3 2014, following the completion of the DBSS project Belvia in August.
Continue Reading • 11 Nov 2014