Rare 999-year leasehold Hillview Terrace site for sale, $106mil indicative price
A 999-year leasehold residential redevelopment site at 32-38D Hillview Terrace is jointly put up for sale by their owners with an indicative price of $106 million, revealed marketing agent Colliers International.
Continue Reading • 30 Sep 2021
HDB appoints new contractors for five BTO projects affected by Greatearth’s liquidation
New contractors have been appointed to take over the construction of five Build-to-Order (BTO) projects that were affected by the liquidation of their previous contractors, announced HDB on Wednesday (29 September).
Continue Reading • 30 Sep 2021
Luxury home sales in central region reach 10-year high in Q2 2021
Singapore’s upscale central region saw luxury home sales hit a 10-year high during the second quarter, reported TODAY citing an OrangeTee report.
Continue Reading • 29 Sep 2021
El Development and Gao Xiu Hua submit top bids for Slim Barracks Rise GLS sites
Two residential sites at Slim Barracks Rise received robust interest during the close of their tender, with each site attracting 10 bids, revealed the Urban Redevelopment Authority (URA) on Tuesday (28 September).
Continue Reading • 29 Sep 2021
Private residential leasing volumes up 1.1% in Q2
23,893 private residential homes were rented in Q2 2021, resulting in the total leasing volumes in H1 2021 growing 13.9% from the same period in H1 2020.
Continue Reading • 28 Sep 2021
Lawsuits brewing for contractors as COVID-19 legal relief ends
On 30 September 2021, the relief period under the Covid-19 (Temporary Measures) Act will end, which may lead to many SMEs facing financial distress and affecting the sector at large.
Continue Reading • 27 Sep 2021
Condo buyers, agents jailed for backdating Option to Purchase to evade higher ABSD
The buyers, who are a married couple, were sentenced to six weeks’ jail and fined $276,000. The property agent and seller's agent were handed an eight-week jail term each.
Continue Reading • 27 Sep 2021
Seven urban farming sites at HDB rooftops awarded
These seven HDB rooftop urban farming sites are located in Jurong West, Bukit Panjang, Sembawang and Woodlands.
Continue Reading • 27 Sep 2021
Two freehold residential sites at Thiam Siew Avenue up for sale
Including balcony space, the North plot has a GFA of 405,536 sq ft and an estimated development charge of $20.2 million, while the 384,791 sq ft South plot has a development charge of $19.1 million.
Continue Reading • 24 Sep 2021
Gilstead Road residential site up for sale for $91.8mil
Sole marketing agent Edmund Tie said the price works out to a land rate of about $2,001 per sq ft per plot ratio (psf ppr), including the estimated development charge. Photo: Edmund Tie
Continue Reading • 23 Sep 2021
Marina View white site attracts one bid
Boulevard View was the sole bidder for the 99-year leasehold site.
Continue Reading • 22 Sep 2021
Penthouse at Bishopsgate Residences on sale for $25mil
With a floor area of 5,974 sq ft, the penthouse features four bedrooms, a family area, balcony, gourmet kitchen, Asian kitchen, roof terrace and private pool.
Continue Reading • 22 Sep 2021
Singapore's transport system must be reliable, resilient, ready for the future
Minister for Transport S Iswaran also lauded how Singapore's land, sea, and air transport workers have endured throughout the pandemic.
Continue Reading • 21 Sep 2021
More BTO flats sold within a year of reaching MOP, doubles from 2016 to 2020
13.4% of BTO flats which reached their MOP were sold within a year, up from 6.5% in 2016.
Continue Reading • 21 Sep 2021
New migrant worker dormitories to meet improved standards
The ministry noted that the improved standards will apply to all new dormitories, including factory-converted dormitories, purpose-built dormitories, temporary occupation licence quarters, and construction temporary quarters.
Continue Reading • 20 Sep 2021
Former Bukit Timah Fire Station to be transformed into community node, to open in Q2 2022
The transformation of the former fire station will establish the site as “a key gateway for heritage and nature landmarks in the area, including Bukit Batok Nature Park, Bukit Timah Nature Reserve, and the Rail Corridor.
Continue Reading • 17 Sep 2021
HDB contractors to receive more help for protection of material prices
HDB revealed that it would extend the duration of steel price protection by nine months, up from its earlier extension of four months, to help cushion the impact of price hikes.
Continue Reading • 16 Sep 2021
New private home sales down 23.6% in August
Experts attributed the lack of new launches to the decline in sales. However, new home sales are still expected to cross the 10,000 by the end of the year.
Continue Reading • 16 Sep 2021
Savills Property Management’s work pass privileges under review after guideline breaches
The Ministry of Manpower is currently reviewing the work pass privileges of Savills after the agency had repeatedly breached fair employment guidelines.
Continue Reading • 15 Sep 2021
Contractors who violate no-work rule to set up video surveillance systems at work sites
Recordings will be required to be stored for a specified period, with authorities given access to the recordings, to facilitate remote monitoring and enforcement.
Continue Reading • 14 Sep 2021