Paya Lebar Airbase to be relocated from 2030
The relocation of Paya Lebar Airbase will be realised at about 2030, a move which will free up land for more Singapore properties for sale.
Continue Reading • 23 Jan 2015
S'pore ranked 'most liveable city in the world' for expats
Singapore has once again been listed as the most liveable city in the world and Asia in the global ranking for expatriate living conditions published by ECA International.
Continue Reading • 23 Jan 2015
70% of Highline Residences unsold
In 2014, Keppel Land sold 304 units, mainly from Highline Residences, one of the District 3 properties available.
Continue Reading • 22 Jan 2015
Oxley appoints new contractor for Devonshire Residences
Oxley Holdings has terminated the main contract for the construction of one of the upcoming District 9 properties, Devonshire Residences.
Continue Reading • 22 Jan 2015
More cash into real estate in 2015
The global real estate allocation of funds is set to increase in 2015, with investors increasing their allocation to the sector according to latest research.
Continue Reading • 22 Jan 2015
Singapore banks facing a storm
More defaults on housing loans are expected as home prices drop but interest rates rise...
Continue Reading • 21 Jan 2015
Websites removed for imitating DNC registry
The Singapore Network Information Centre has removed the domain names to prevent confusion that these sites are affiliated with the official Do Not Call (DNC) Registry, which affects estate agents selling Singapore property.
Continue Reading • 20 Jan 2015
New road in Yishun opens
Yishun Avenue 8 opened on Saturday to facilitate the traffic flow between Yishun Ave 1 and 6, and cater to the traffic demand from the new Yishun properties.
Continue Reading • 19 Jan 2015
Lend Lease delivers INSEAD's S$55m Leadership Development Centre
Australian property group Lend Lease announced Thursday the completion of the new INSEAD Leadership Development Centre at the business school’s Singapore campus. This marks the company’s second project for INSEAD, following the design and construction of a building extension in 2005. The...
Continue Reading • 15 Jan 2015
Railway noise barriers to be built in more residential areas
To minimise railway noise near residential areas, the Land Transport Authority will install 3.5 km of noise barriers at nine locations.
Continue Reading • 15 Jan 2015
Consumer spending unaffected by falling home prices
Singapore's falling property prices will unlikely deter shoppers from spending as long as the decline in prices is slow and the job market remains stable.
Continue Reading • 15 Jan 2015
Construction firms worst debtors in Q4
Firms in the construction industry were the worst debtors in Q4 2014, after the proportion of the sector's severely delinquent debts climbed to 27 percent from 18 percent a year ago.
Continue Reading • 14 Jan 2015
Tee Land profit up 49.7% in Q2 2015
Tee Land Limited saw its net profit increase 49.7 percent to $2.5 million on the back of revenue soaring 519.5 percent to $15.1 million.
Continue Reading • 13 Jan 2015
3-month SIBOR rise expected: experts
The Republic's SIBOR increased sharply since 2 January and many home loans are to be affected. Experts say some home owners and buyers are already looking at other options to avoid the impact.
Continue Reading • 12 Jan 2015
Construction demand remain strong over next five years
Singapore's average construction demand for properties and infrastructure is expected to be sustained between $27 billion to $36 billion in 2016 and 2017, and $26 billion to $37 billion in 2018 and 2019 per annum.
Continue Reading • 12 Jan 2015
Public sector projects to make up 60% of demand in 2015
Construction contracts for Singapore's built environment sector is expected to reach between $29 billion to $36 billion in 2015, the Building and Construction Authority (BCA) said.
Continue Reading • 9 Jan 2015
REDAS to provide cloud-based construction collaboration technology
The Real Estate Developers' Association of Singapore will partner Aconex to provide 10 of its members with leading cloud-based construction collaboration technology.
Continue Reading • 8 Jan 2015
Budget Statement to be delivered on 23 Feb
Deputy Prime Minister and Minister for Finance, Tharman Shanmugaratnam, will deliver the 2015 Budget statement in Parliament on 23 February 2015.
Continue Reading • 8 Jan 2015
Heftier housing loans amid SIBOR hike
Home owners who took out floating-rate loans instead of fixed-rate loans on their houses are expected to pay higher monthly interest rates, following the sharp increase of the three-month Singapore Interbank Offered Rate (SIBOR) yesterday.
Continue Reading • 7 Jan 2015
Home loan growth down 6.2% in Nov
Housing loans in Singapore merely grew by 6.2 percent year-on-year in November 2014; its slowest pace in seven years, reflecting the prevailing humdrum in the residential property market.
Continue Reading • 7 Jan 2015