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Two Community Clubs upgraded

Two Community Clubs located in the west of Singapore were upgraded recently within the vicinity of Choa Chu Kang and Jurong West HDB estates.

Continue Reading4 Feb 2015

More sheltered walkways to MRT, LRT stations by 2018

LTA will add more than 200 km of new sheltered walkways by 2018, which will provide sheltered connectivity between transport nodes and some Singapore property, and public amenities.

Continue Reading3 Feb 2015

Singapore investments to moderate in 2015: EDB

Despite meeting last year’s forecast on fixed asset investment of S$ 10.0 to 12.0 billion with S$11.8 billion in 2014, the republic’s investment numbers last year are down compared to the numbers recorded in 2013, the Economic Development Board revealed Monday (2 February). The decline is...

Continue Reading2 Feb 2015

New Sungei Seletar bus depot to be ready by Q3 2017

A new Sungei Seletar bus depot will be built close to some Yio Chu Kang properties to accommodate the growing bus fleet in Singapore.

Continue Reading2 Feb 2015

Singapore banks able to weather property market pressure: Fitch

Correction in Singapore’s property market may place modest pressure on the city-state’s banking system loan quality, Fitch Ratings said in a report Friday (30 January). Despite this, the rating agency said local banks – DBS, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) –...

Continue Reading30 Jan 2015

Property owners responsible for fire insurance

The onus is on Singapore property owners to ensure they have the financial means to repair and restore their properties should these properties be damaged in a fire.

Continue Reading30 Jan 2015

Singapore bank lending falls in December

Total bank lending in Singapore fell in December to S$607.96 billion from $608.12 billion in November, the Monetary Authority of Singapore (MAS) revealed in its latest monthly statistical bulletin. The drop comes after a rise posted in November from October following two consecutive months of...

Continue Reading30 Jan 2015

2015 budget a possible sign of nearing election?

Special transfers tend to be visibly higher in an election year...

Continue Reading30 Jan 2015

New exhibition space for research on urban living launched

Singapore has a new dedicated exhibition space for research on urban living with the support of the private sector to implement new ideas involving Singapore properties

Continue Reading30 Jan 2015

Three buildings in National Orchid Garden to be enhanced

The National Orchid Garden will be enhanced to showcase more orchid varieties, and all three buildings will be upgraded to meet energy efficiency and sustainability requirements.

Continue Reading30 Jan 2015

3-month SIBOR surges 1.3% as MAS adjusts monetary policy

Following the central bank’s unexpected move to slow the Singapore dollar appreciation, the three-month Singapore Interbank Offered Rate (SIBOR) posted a 1.3 percent rise Wednesday (28 January) to 0.653 percent from Tuesday’s 0.644 percent. The three-month SIBOR is commonly used to price most...

Continue Reading29 Jan 2015

Smaller dormitories are regulated too: MOM

It is necessary to impose additional requirements for the larger dormitories, the Ministry of Manpower said but smaller dormitory properties are regulated too.

Continue Reading29 Jan 2015

Construction of two more TEL stations begins

Construction works for two stations on the Thomas-East Coast Line has started, and will benefit some District 11 properties and residents of new developments around the Old Police Academy.

Continue Reading29 Jan 2015

MAS adjusts monetary policy, cuts inflation forecast

The Monetary Authority of Singapore (MAS) announced Wednesday that it will adjust the monetary policy to allow a slower pace in the appreciation of the Singapore dollar. The revision announcement came as a surprise to market watches as the central bank is only expected to release its next...

Continue Reading28 Jan 2015

LaunchPad to house start-ups, incubators

The JTC LaunchPad @ one-north was launched by Prime Minister Lee Hsien Loong recently, adding to the number of Singapore properties available for start-ups and incubators.

Continue Reading28 Jan 2015

HDB awards land parcel in Yishun

HDB has awarded the land parcel in Yishun to Northern Resi and Northern Retail yesterday, which will add to the growing number of Yishun properties.

Continue Reading27 Jan 2015

Novice property agents most affected by weak sales

The ongoing sales drought for Singapore properties has caused some new real estate agents to drop out of the industry.

Continue Reading27 Jan 2015

Christie's property unit opens Singapore office

Singapore-Christie's Homes will showcase luxury properties to buyers based here...

Continue Reading26 Jan 2015

Keppel Corp wants to privatise Keppel Land

To build a strong conglomerate, Keppel Corporation plans to privatise Keppel Land, a developer for Singapore properties.

Continue Reading26 Jan 2015

Mobile app launched for public to send feedback

The public can now send their feedback on municipal issues, such as the cleanliness of public areas at HDB properties, through a mobile app.

Continue Reading26 Jan 2015