The Ministry of National Development has revised development charges (DC) for the period of March 1 to Aug 31. For non-landed residential developments or redevelopments, DC rates have increased by an average of 0.3%. Sectors 97 and 98 witnessed the highest increase of 6.3%. For landed residential, DC rates have been increased by an average […]
Continue readingThe Bayshore Duplex Penthouse for Rent
The Bayshore at Bayshore Road District 16 for Rent An international award-winning luxury residential condominium located along the up-market eastern sea-coast of Singapore. Sitting on a huge 450,000 sq ft of prime land by the East Coast sea. Near Bedok MRT Station. Walking distance to East Coast Park and fast assess to Changi Airport and […]
Continue reading‘Premature’ to talk about property cooling measures
IT is “certainly premature” to discuss curbs to rein in the buoyant housing market at this juncture, said Singapore Deputy Prime Minister Heng Swee Keat on Wednesday. However, he cautioned that the low interest-rate environment could bring risks to such big-ticket financial commitments and declined to reveal the “threshold” or level of property price appreciation […]
Continue readingNew private home sales rise 32% in January
Sales of private residential units increased by about 32% last month, driven by a rush of buyers ahead of possible property curbs, said analysts. According to statistics released by the Urban Redevelopment Authority (URA) on Monday (Feb 15), a total of 1,609 private residential units were sold in January, compared with 1,217 a month earlier. […]
Continue readingDBS sees ‘pre-emptive’ policy response to curb higher property prices
SINGAPORE authorities may act pre-emptively to curb higher property prices, said DBS Group Research. The analysts said that while a steady 2 to 3 per cent annual increase in the Singapore property price index (PPI) in line with household income growth is well supported by fundamentals, an acceleration in excess of 5% will tip the […]
Continue readingTalk intensifies of more private property cooling measures after comments by ministers
Talk of another round of property cooling measures has intensified in the wake of recent ministerial remarks that the government is keeping a close watch on the market. This comes as URA flash estimates showed private home prices rose 2.1% for the fourth quarter – the steepest quarterly increase since second quarter 2018 when they […]
Continue readingLTA awards civil works contract for Downtown Line’s new Hume MRT station
A civil works contract has been awarded for the new Hume MRT station on the Downtown Line, which is slated to open in 2025, said the Land Transport Authority (LTA) on Thursday (Jan 14). Located along Upper Bukit Timah Road between Hillview and Beauty World stations, Hume station will serve existing homes along Hume Avenue […]
Continue readingWest Point Bizhub Factory at Tuas for Rent
★ West Point Bizhub for Rent ★ 2-Storey Terrace B2 Factory with Fitted Office approx 4811 sq ft Suitable for most heavy industrial Easy access to shipyards and Tuas Industrial estate High ceiling unit with heavy floor loading Free Vehicle Parking in front of unit. Column Free Layout. Attached Toilets. West Point Bizhub latest available […]
Continue readingStrong reactions in Malaysia to termination of KL-Singapore HSR project
The termination of the Kuala Lumpur-Singapore high-speed rail (HSR) project has drawn strong reactions in Malaysia, with two state governments urging the government to continue with the project, while members of the public clamour for more details on what went wrong. Several asked the Malaysian government to respond to Singapore Transport Minister Ong Ye Kung’s […]
Continue readingSingapore private home prices increase by 2.1% in 4th quarter
Private property prices in Singapore rose 2.1% in the 4th quarter of 2020 from the previous quarter, according to flash estimates by the Urban Redevelopment Authority (URA) on Monday (Jan 4). This compares with a 0.8% increase in the previous quarter, said URA. For the whole of 2020, private home prices rose by 2.2%, compared […]
Continue readingSurrey Point in Newton up for collective sale
Surrey Point, a freehold residential development along Newton Road, have launched the property for collective sale at a guide price of $55 million. The price works out to a land rate of about $1,661 psf per plot ratio, after factoring in additional balcony gross floor area (GFA). – January 5, 2021 Read Full Article at […]
Continue readingSingapore condo resale prices rise for fourth straight month in November
RESALE prices of non-landed private homes in Singapore rose for the fourth straight month in November. Overall prices were up 0.3% from October 2020, and up 1.3% from November 2019. All regions saw price increases in November 2020. Month on month, the core central region (CCR) was up 0.5%, the rest of central region (RCR) […]
Continue readingSite of former Caldecott Broadcast Centre sold
The site of the former Caldecott Broadcast Centre at Andrew Road has been sold for S$280.9 million. The 752,015 sq ft site was sold to PRE 10, an entity which will be jointly owned by Perennial Real Estate Holdings and its chairman, Mr Kuok Khoon Hong. – 15 Dec 2020 Read Full Article at https://www.channelnewsasia.com/news/singapore/mediacorp-caldecott-broadcast-centre-andrew-road-sold-13776366
Continue readingNumber of HDB resale flats sold for at least $1m hits new high
The number of Housing Board (HDB) resale flats sold for $1 million or more each has hit a new high, following 13 transactions done in November, according to data from real estate portal SRX released on Thursday (Dec 10). The 72 million-dollar flats sold in January to November this year compare to 64 such units […]
Continue reading$93 million collective sale of 15 terrace houses
Cushman & Wakefield (C&W) has brokered the collective sale of 15 terrace houses at a sale price of $93 million to RL East, a subsidiary of mainboard-listed property developer Roxy-Pacific Holdings. The adjoining houses are located at 217–223A Guillemard Road and 1–21A Jalan Molek. The entire site has a 9999-year leasehold tenure and occupies 37,131 […]
Continue readingNew Private Home Sales Halved in Oct
Sales of new private homes by developers plunged 51.7% in October from the previous month, putting the brakes on a 5-month-long buying spree after new curbs were imposed on the re-issue of options to purchase (OTPs). Buyers took up just 642 units in October from a more than 2-year high of 1,329 units in September, […]
Continue readingSales of resale condos hit 2-year high in October as prices rise: SRX data
The resale condo market reached a 2-year high in October with 1,509 units changing hands the same month, according to flash figures from real estate portal SRX Property on Tuesday (Nov 10). It trumped the 1,311 transactions recorded in August, which was the highest monthly resale volume since May 2018. October’s sales figure represented a […]
Continue readingHDB resale prices increase at fastest pace in 8 years, expected to continue rising
With prices trending downwards since 2013, the market for Housing and Development Board (HDB) resale flats may have turned the tide as prices have now increased at their fastest pace in 8 years. The number of units sold hit a 10-year-high of 7,787 Analysts say a larger proportion of newer flats entering the market was […]
Continue readingNew private home sales hit two-year high in September
Despite still being in the midst of a recession, new home sales showed little signs of slowing down. In September, developers sold 1,329 new private homes (excluding executive condominiums (ECs)), up 5.6% from 1,258 units in August, according to Urban Redevelopment Authority (URA) data. This marks the fifth straight month-on-month (m-o-m) increase since the circuit […]
Continue readingJurong West 5-Room HDB Flat for Sale
* HDB 5-room Premium Apartment for Sale * Located in the West Region of Singapore at Block 684C Jurong West Street 64 Within Boon Lay 文礼, a small residential estate in the western part of Singapore. Close to Boon Lay MRT Station and amenities like Jurong Point, Jurong West Public Library well maintained High Floor […]
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