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Latest Singapore Property News

We cover Singapore property market with weekly summary of key news events

Real Estate and Property Market Update-Week 25
Singapore’s property investment soon to be saturated

Growth of Singapore office rents to die out completely by 2009

Subsales volumes increasing shows study

New HDB rules seem to be working well

Citi debunks popular prediction of an oversupply of homes in Singapore

Gillman Heights’ en bloc sale met with appeal from minority owners

Good demand and interest expected for Industrial site at Singapore Ubi Ave 4

New luxury villas at Sentosa Cove to start from $12m each

Total investment sales of properties in Q2 lowest in three years

Another DBSS for sale in Toa Payoh

Ho Bee’s Dakota sales trigger more launches

Singapore’s escalating office rents expected to slow down with new supply

Eight vacant plots on sale for those who want personalized homes

Steadily rising office rents to reach peak soon

780,000 HDB households to receive utility rebates

Real Estate and Property Market Update – Week 24

Number of public housing transactions to be lower than 6 months ago.
Encouraging high sales for new luxury homes seen in the month of May.
May brings significant increases in home sales and launches.
Encouraging private home sales in May taken as good sign.
Land price of new residential site at Tampines becomes subject of speculation among consultants.
Singapore's construction costs highest in the world.
Waterfront residential site at Tampines for sale.
Buona Vista to be home to the new massive civic, cultural and retail complex.
Asia’s real estate investment opportunities unaffected by the credit crisis.
Luxury apartments of $10m unaffected by quiet market.
The $130m Woodsville Interchange to greatly improve traffic flow.

 

Real Estate and Property Market Update-Week 22
Singapore Developers choosing to rent out apartments as they wait

Sim Lian Land emerges as top bidder for DBSS site at Simei with $52 million bid

Insecurities concerning lease extensions may affect investment sales

Lease extension rejections debunk 99-year lease top-up guarantee

PropNex relaunches 4 sites at lower prices to challenge the market

HDB to strengthen and expand enforcements to tackle abuse of subsidized flats

GLS urged to offer more sites of inferior quality to reduce sales

Frivolous applicants successfully weeded out by new HDB rules

JTC applauded for its work and suggested to reduce rents

Nassim Park Residences receives a very encouraging response

Real Estate and Property Market Update-Week 21
Condo site at Choa Chu Kang secures a respectable 5 bids

Surprisingly low bids for residential site at Cho Chu Kang

Govt agencies to compact their office spaces at CBD

Luxury condo at Nassim makes very good sales

Strong demand for HDB flats continue, despite new rules

Tenants letting out subsidized HDB flats illegaly

Singapore office market 9th most expensive in the world

Draft Master Plan 2008 aims to improve Singapore’s quality of life

Kallang to be a new waterfront lifestyle hub

More quality and quantity of commercial space in the Central Area

Gloomy market conditions perceived to be temporary

Low HDB resale prices expected to sustain

Real Estate and Property Market Update-Week 20
Punggol to be Singapore’s new waterfront town

Singapore’s office boom still a good investment option

The US sub prime crisis nearing its end

Contract defaulting resulting in construction delays

Raffles Place to lure shoppers and diners with its new developments

Barclays and Credit Suisse predict home prices to plummet in the next two years

Thakral corp to venture into real estate

URA’S Leisure Plan to transform Singapore’s leisure options

More than 200 local and international brands to open up at Somerset by 2009

More Singapore homes and buildings being certified green

Hotel site for sale through GLS fails to receive even one bid

More buildings and homes being awarded the Green Mark

New HDB rules calls for more seriousness in applications for flats

Mandarin Gallery undergoing transformation to make it a high end shopping destination

GST Offset package ensures that around 770000 HDB households gets rebates

Singapore to boast 3 newly developed commercial hubs in 15 years

Kallang and Paya lebar to be Singapore’s new urban centers

Singapore plot ratio need not be revised at this point

Real Estate and Property Market Update-Week 19
The Youth Olympics Games Village (YOG) to be completed by Feb 2010

A-Reit to buy Creative’s HQ building in Singapore Jurong East

OUE to build 38-storey tower worth $530 million

Older ‘new’ condos on the Singapore market

Southern Ridges linked by new pedestrian bridges and walkway

Report suggests that Singapore’s luxury home prices down by 2.1%

Shaw House and Shaw Centre may undergo major revamp to maybe even include residential space

Underground ‘city’ to free up land space

Mutli-purpose buildings: Live and work under one roof

Market not dead as perceived: 4 bungalows sold for $5.5m each

CDL earnings rise by almost 31% despite weak markets

Sales in private residential market drop in April

US sub-prime crisis weakening Asian property markets

Design awards for Singapore HDB estates

Property tycoon Leng Beng says Singapore real estate market sustainable

Interest in Asian property still growing

Property developers face higher project finances

Reit market in Singapore expected to see more mergers and privatisations

Real Estate and Property Market Update – Week 14
HDB Application Process under Review
Jurong Set For Largest Out of Town Hub
Ten Mile Junction Attracts Just 2 Bids
Real Estate and Property Market Update – Week 13
Choa Chu Kang Plot for Sale
Rents Forecast to Continue Rising
Dhoby Ghaut's Latest Attraction
2 New Plots for Tender from HDB
Yishun Site Fetches $214million
En-Bloc for Landmark Tower - Again!
Airview Tower En-Bloc Rejected by High Court
New Rules for HDB Resale
Real Estate and Property Market Update – Week 12
Mid and Mass Market Property in Strong Position
Yishun Jade Springs HDB Flats Over-subscribed
Steel Price Rises Hurt Builders
$175m Planned Acquisition of Teambuild by 1st Software
12 Bids for Prized West Coast Site
Jurong West Site Not Awarded
Only a Single En-Bloc in 2008 so far
Monthly Private Home Index from URA?
$25billion Investment Sales Forecast in 2008
Luxury Hong Kong Homes Reach HK$300m
Sky Car Parking at the Hamilton
Real Estate and Property Market Update-Week 11

SC Global Sponsors Formula 1 Support Race
Singapore Top of Bertelsmann Economy Survey
Mixed Property Sector Sentiment
Ongoing Battles over Gilman Heights
Remaining 53 Grange Infinite Units Bought by Fund
No Major Project Launches Likely in Next 3 Months
Public Housing Sales Buoyant
High Rentals Drive Foreigners to Purchase
50% of Expected Price for Landed House Plot


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