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5 most searched condos for sale in May

5) d’Leedon at Leedon Heights (District 10) Completed in 2014, unit types include 1- to 4-bedroom apartments along with penthouses and garden villas ranging from 592 sq ft to 8,374 sq ft. 4) New Futura at Leonie Hill Road (District 9) Completed last year. 3) Marina One Residences at Marina Bay (District 1) Completed in […]

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Increased activity in luxury condo market

The luxury private condominium segment has sprung back to life over the past few months, with the price quantum almost hitting a nine-year high when a total of 22 units were snapped up for at least $10 million each during the first quarter. Topping the list was The Nassim with 10 units sold, followed by […]

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Chancery Court in District 11 sold en bloc

Chancery Court, a privatized HUDC estate right across the road from the Anglo Chinese School campus, has been sold en bloc for $401.78 million, or 6% higher than its reserve price of $390 million. With a site area of approximately 259,134 sq ft, it is located in prime District 11 near Newton MRT interchange, and […]

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New private homes could cost up to S$2,900 psf on average by 2030: DBS report

Projecting the population here to hit 6.3 million to 6.5 million by 2030, a research report released by DBS on Wednesday (May 16) forecasts new private homes to cost between S$2,300 and S$2,900 per square foot (psf) by then – sharply higher than the current S$1,500 psf. – Updated 17 May, 2018 Read Full Article […]

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Peak Court sold en bloc for $118.88m

Peak Court, a 4-storey residential project at Thomson Road, has been sold via collective sale for $118.88 million. The freehold project was purchased by TSRC Novena, a joint venture between Tuan Sing Holdings and Rich Capital. Located within prime District 11, the site is close to Novena MRT station, while the Orchard Road shopping belt […]

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Bicycle parking spaces required for all new developments

A new bicycle parking provision standard for all new developments, revealed the Urban Redevelopment Authority (URA) in a circular on Monday (7 May). New residential projects are required to provide a bicycle parking lot for every 4 or 6 housing units. The new rule also applies to commercial developments such as offices, malls, hotels and […]

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Jurong Region MRT Line open in phases from 2026

The new Jurong Region Line (JRL), Singapore’s seventh MRT line with 24 stations above ground, will open in 3 phases starting from 2026. The JRL will help develop the Jurong Lake District into the largest commercial hub outside the central business district. It will also support the development of the Jurong Innovation District into a […]

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Private home prices rose at faster pace in Q1

Private home across Singapore rose by 3.9 percent quarter-on-quarter in Q1 2018, faster than the 0.8 percent increase in the preceding three-month period, according to an updated Property Price Index released by the Urban Redevelopment Authority (URA) on Friday (27 Apr). – April 30, 2018 Read Full Article at https://www.propertyguru.com.sg/property-management-news/2018/4/171412/private-home-prices-rose-at-faster-pace-in-q1

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Dunearn Gardens sold to EL Development

Dunearn Gardens, a freehold condominium located off Newton Road, has been sold collectively to a wholly-owned subsidiary of EL Development for $468 million. With a site area of approximately 95,442 sq ft, Dunearn Gardens is located close to Newton MRT interchange and various established schools. EL Development plans to redevelop the site into a 34-storey […]

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Twin VEW’s debut weekend draws more than 7,500 visitors

CSC Land Group’s maiden development in Singapore, Twin VEW, drew a crowd of more than 7,500 when it opened for public preview on April 21-22. The 520-unit, 99-year leasehold project is located on West Coast Vale, a five-minute drive from Jurong Gateway, Singapore’s scond CBD, and as well as a 20-minute drive to the CBD […]

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Twin Vew to open showflat this weekend

Twin Vew in West Coast Vale will open its showflat for preview this Saturday (21 Apr), said developer CSC Land. The 520-unit condominium is the Group’s 1st development in Singapore, and will comprise two 36-storey towers offering a range of one- to four-bedroom units and penthouses from 484 sq ft to 2,088 sq ft. There […]

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Luxury home prices in downtown Singapore rising faster

Prices of luxury apartments in the downtown core, which includes Raffles Place, Marina Bay and Tanjong Pagar are outperforming other high-end districts in Singapore. District 2 saw a bigger year-on-year price increase of 14.5% as compared to District 1 (5.6%) due to projects like Wallich Residence, Icon in Gopeng Street and 76 Shenton. The best-selling […]

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Private home prices up 3.1% in Q1

Private home prices rose by 3.1% during the 1st quarter of 2018, up from the 0.8% increase seen in the previous quarter, according to flash estimates released by the Urban Redevelopment Authority (URA) on Monday (2 Apr). “This marked the third straight quarter of price growth since the private residential property index bottomed in Q2 […]

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The Woodleigh Residences at landmark Bidadari

SPH, Kajima break ground on 680-unit The Woodleigh Residences at landmark Bidadari project. The project, being developed jointly by Singapore Press Holdings (SPH) and Japanese developer Kajima Development, will also be connected to Singapore’s first air-conditioned basement bus interchange. Condominium units of The Woodleigh Residences, ranging from two- to four-bedroom units, are likely to be […]

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2nd biggest en-bloc sale Pacific Mansion in River Valley

Pacific Mansion in River Valley goes for $980m in second-biggest en-bloc sale Guocoland and the Hong Leong Investment Holdings group have won a bid to buy the Pacific Mansion condominium development in River Valley for $980 million, setting a new high among recent en bloc deal amounts. The deal beats out the recent sales of […]

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Hike in Buyer’s Stamp Duty Feb 2018

Higher Buyer’s Stamp Duty (BSD) rate for residential properties beyond S$1.0 million With effect from 20 February 2018, all buyers of residential properties of beyond S$1.0 million are subjected to higher buyer’s stamp duty (BSD). Under the new BSD rate structure, buyers will need to pay 1% on the first S$180,000, 2% on the next […]

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Pearl Bank Apartments in Outram sold en bloc

Pearl Bank Apartments near Outram Park MRT station was sold to CapitaLand in a S$728 million collective sale. CapitaLand said that the acquisition – which matched the owners’ reserve price – was through a private treaty collective sale. With an additional lease top-up premium estimated at S$201.4 million, the sale price translates to a land […]

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City Towers in Bukit Timah sold for $401.9 million

The sale price – which is more than 13% above the owners’ reserve price – works out to a land rate of about $1,847 per square foot per plot ratio (psf ppr), after factoring in a development charge of $3.5 million. The land rate for the 17-storey City Towers is a tad higher than the […]

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