HDB issues $800mil fixed rate notes
In denominations of $250,00 and payable semi-annually in arrear, the notes will mature on 19 January 2026.
Continue Reading • Jan 20, 2021
Ministerial comments, rising prices spark talk of additional property cooling measures
Minister Desmond Lee's urge for Singaporeans to exercise prudence when acquiring property and the recent rise in private home prices have experts believing them as signals for another round of cooling measures.
Continue Reading • Jan 20, 2021
More homeowners installing CCTVs outside HDB flats
According to the current regulations, residents in HDB flats are not allowed to install CCTV cameras outside their units, unless approved by the respective Town Councils.
Continue Reading • Jan 19, 2021
Public sector projects to drive construction sector’s recovery
The Cross Island MRT Line, relocation of Singapore Science Centre and the Toa Payoh Integrated Development are amongst the upcoming major public sector projects that will contribute to construction demand in 2021.
Continue Reading • Jan 19, 2021
Mount Emily residential buildings on sale for $18mil
Located 200 m away from Little India MRT interchange, the freehold properties are near Mount Emily Park, Orchard Road and the central business district.
Continue Reading • Jan 19, 2021
More macaques sighted near new housing project in Punggol
Residents attribute this to the increase in development within the area and to food left by humans. A person caught feeding monkeys faces fines of up to $5,000 for a first offence under the Wildlife Act, with the amount doubled for repeat offenders.
Continue Reading • Jan 18, 2021
Normanton Park sells 600 residential units at $1,750 psf on first day of sales
The mixed-use development saw around 80% of the units sold in one- and two-bedroom units during its first day of sales. Buyers also snapped three commercial units.
Continue Reading • Jan 18, 2021
Developer sales up in December, highest since 2012
Analysts expect the sales momentum in December to spill over to January 2021. However it is anticipated that while demand for new homes may remain high, the supply of new launches may decline this year.
Continue Reading • Jan 15, 2021
Growing demand for Sentosa Cove bungalows
Singapore continues to draw foreign buyers despite travel restrictions, partly due to its success in handling the pandemic. Sentosa Cove is the only place where a foreigner may seek approval to acquire a landed residential property for their own use.
Continue Reading • Jan 15, 2021
Singapore residential investment volume doubles in Q4 2020
Singapore's full-year property investment tally stood at $23.7 billion in 2020, revealed a Cushman & Wakefield report.
Continue Reading • Jan 15, 2021
The Reef at King’s Dock to open for preview this Saturday
This new luxury waterfront project by Mapletree Investments and Keppel Land is situated within the Greater Southern Waterfront. Bookings will start from 30 January.
Continue Reading • Jan 15, 2021
HDB launches one-stop portal for home buyers, sellers
Among the portal’s features include a customised financial calculators that will help buyers estimate their housing budget as well as help sellers estimate their sales proceeds.
Continue Reading • Jan 14, 2021
Singapore ranked 123rd, out of 150 countries for residential price growth
Residential property prices in Singapore climbed by just 0.7% year-on-year in the third quarter of 2020. The Philippines topped the ranking, with its capital, Manila, posting a 34.9% year-on-year increase in residential property prices.
Continue Reading • Jan 14, 2021
Singapore new home sales up almost 60% in December
The December sales were mainly driven by two key launches – namely, Clavon and Ki Residences. On an annual basis, new home sales soared 126.2% from the 538 units shifted in December 2019.
Continue Reading • Jan 13, 2021
JLL appoints new country heads for Singapore, Thailand
The new appointments are motivated by the company's believe in South-east Asia "as a fast-growing region with a robust real estate sector".
Continue Reading • Jan 12, 2021
OCBC offers Singapore’s first solar panel consumer loan
To finance the installation of solar panels and accelerate the adoption of clean energy, each homeowner can borrow up to $30,000 with a tenure of one to five years.
Continue Reading • Jan 12, 2021
Executive condominium prices to increase this year, in 2022
This comes as the COVID-19 pandemic caused bottlenecks in the construction supply chain, which led to higher costs.
Continue Reading • Jan 11, 2021
Chip Eng Seng warns of a net loss for FY2020 due to COVID-19
Closure of construction sites for several months in FY2020 have expectedly impacted the on-going developments' construction milestones, and in turn affected revenue recognition as well as progressive payments from property buyers.
Continue Reading • Jan 11, 2021
Gerald Crescent redevelopment site up for sale for $25mil
Working out to around $785 per sq ft (psf), the 31,882 sq ft site located within the Seletar Hills landed housing estate currently houses a vacant bungalow. The tender for 2F Gerald Crescent closes on 9 February.
Continue Reading • Jan 8, 2021
Parc Central Residences EC opens for e-application
Located at Tampines Avenue 10, prices start from $956,000 for the three-bedders, $1,258,000 for the four-bedders and $1,609,000 for the five-bedders.
Continue Reading • Jan 7, 2021