S’pore remains 3rd most expensive Asian city for construction
Singapore is still the third most expensive city for construction in Asia, behind Hong Kong and Macau, revealed the latest International Construction Costs Index published by Arcadis...
Continue Reading • 7 Mar 2017
Grandeur Park Residences sells 420 units at weekend launch
Grandeur Park Residences in Tanah Merah sold 58 percent, or 420 of its 720 units at an average price of $1,350 psf during its first weekend launch, media reports said...
Continue Reading • 6 Mar 2017
Lendlease to launch Park Place Residences in end March
Australia-listed Lendlease is set to launch Park Place Residences at Paya Lebar Quarter (PLQ) by 31 March, marking its maiden foray into residential development in Singapore...
Continue Reading • 6 Mar 2017
2-room Flexi flats see encouraging response
The Housing and Development Board (HDB) said the 2-Room Flexi Scheme has received “very encouraging” response, with 87 percent of the 6,070 units...
Continue Reading • 6 Mar 2017
DBS report puts spotlight on Bukit Sembawang
Despite a drop in third quarter earnings to $5.4 million, Bukit Sembawang saw its shares rise 7.84 percent to close at $5.23 on Thursday, media reports said. In fact, over 808,000 shares changed hands...
Continue Reading • 3 Mar 2017
Good time to buy Singapore luxury homes: JLL
Singapore has emerged as one of the world’s most competitive markets to purchase luxury properties as prices have become significantly more affordable since 2010, according to JLL...
Continue Reading • 3 Mar 2017
Singapore is second most favoured destination for Asian UHNWIs to own homes
Singapore has been ranked by Asian ultra-high-net-worth individuals (UHNWIs) as the second most preferred destination to acquire a residential property overseas after the UK
Continue Reading • 2 Mar 2017
New private home sales may rise to 9,000 units in 2017
There are signs that Singapore’s private residential market bottomed out in 2016, with the sector recording a higher deal volume, revealed Edmund Tie & Co. Citing data from the URA...
Continue Reading • 1 Mar 2017
Mixed-use building in Beauty World area up for sale
A four-storey mixed-use development located along Upper Bukit Timah Road has been put up for collective sale, with the owners expecting offers in excess of $120 million...
Continue Reading • 1 Mar 2017
Resale condo prices flat in January
Prices of resale non-landed residential properties in Singapore remained flat in January from the previous month, revealed latest flash estimates from the NUS Singapore Residential Price Index (SRPI)...
Continue Reading • 1 Mar 2017
Development charge rates increased for three use groups
The Ministry of National Development has revised the development charge (DC) rates for three use groups for the period from 1 March to 31 August 2017. The DC is a tax...
Continue Reading • 28 Feb 2017
URA launches residential site at Toh Tuck Road
A 99-year leasehold residential site at Toh Tuck Road in the west of Singapore has been put up for sale by public tender, said the Urban Redevelopment Authority (URA) on Tuesday, 28 February...
Continue Reading • 28 Feb 2017
DBS, UOB offering home loans with zero spread
DBS Bank and UOB are offering mortgages with zero percent spread to compete for the chance to fund the purchase of a minimum of 1,225 homes in this year’s first two property launches...
Continue Reading • 28 Feb 2017
Ho Bee Land net profit down 11% in 2016
Property developer Ho Bee Land saw its net profit for the fourth quarter ended 31 December 2016 drop 33.1 percent to $129.5 million. Group turnover increased 19 percent to $42.5 million...
Continue Reading • 28 Feb 2017
About 450 e-applications received for iNz Residence
iNz Residence, Singapore’s first EC project with internet-ready smart homes, attracted keen interest during its opening weekend, with more than 1,800 people visiting its sales gallery...
Continue Reading • 27 Feb 2017
UOL net profit down 27% to $287m
UOL Group’s net profit for the financial year ended 31 December 2016 fell 27 percent to $287 million from $391 million during the previous year, mainly due to valuation losses on investment properties...
Continue Reading • 27 Feb 2017
CDL’s Kwek: Worst not over for property market
Singapore’s real estate market is still struggling, with home prices falling for the third year in 2016 due mainly to the cooling measures, according to CDL's Executive Chairman, Kwek Leng Beng...
Continue Reading • 24 Feb 2017
PropertyGuru News and Views Issue 110
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Login to continue Reading • 24 Feb 2017
News Roundup (February 2017)
HDB resale flats have become more appealing for first-time buyers in light of the higher CPF housing grants announced as part of Budget 2017, said Eugene Lim, KEO at ERA Realty Network...
Continue Reading • 24 Feb 2017
Eye on Novena: Bridging the past and future
Novena gets its name from a popular Catholic church built in the vicinity more than 65 years ago. In recent years, it has undergone major changes, with new shopping malls, hospitals...
Continue Reading • 24 Feb 2017