Singapore Property Market News

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Freehold vs leasehold: Which is better?

So does it make more sense to buy a freehold or a leasehold property? That will depend greatly on the intentions of the buyer.

Continue Reading23 Oct 2017

Mayfair Gardens up for en bloc sale at $265m

Mayfair Gardens off Dunearn Road has been launched for collective sale, with the owners expecting offers above the reserve price of $265 million, according to marketing agent Knight Frank...

Continue Reading23 Oct 2017

Former Zouk site up for sale with $689.353mil reserve price

The site previously occupied by iconic nightclub Zouk has been put up for sale, with a minimum bid price of $689.353 million...

Continue Reading20 Oct 2017

GuocoLand net profit soared to $165.6mil in Q1

GuocoLand saw its first-quarter net profit grow more than six-fold to $165.6 million from $25.6 million over the same period last year...

Continue Reading20 Oct 2017

Hougang project sold for $629m in collective sale

The 336-unit Florence Regency development at Hougang Avenue 2 has been sold to Hong Kong-listed developer Logan Property for $629 million, marketing agent JLL said on Friday...

Continue Reading20 Oct 2017

Faster HDB resale process by 2018

The Housing Board announced on Thursday (19 October) that it plans to launch a new website that will significantly expedite the selling and buying of HDB resale flats...

Continue Reading20 Oct 2017

3 things to know about investing in Thailand

Special Advertising Feature: Thailand is often called the Land of Smiles, an affectionate nickname supposedly coined by tourists...

Continue Reading20 Oct 2017

Changi Garden sold for $248.8m

Changi Garden is the latest development to be sold in an en bloc sale for $248.8 million, which works out to about $888 psf per plot ratio...

Continue Reading19 Oct 2017

NZ court rules in favour of mainly Singaporean investors

A group of investors, mainly Singaporeans, won a years-long battle over a property investment in South Island...

Continue Reading19 Oct 2017

Oxley raises $12.95m via sale of treasury shares

Singapore-listed Oxley Holdings has raised $12.95 million in net sales proceeds through the sale of 22.75 million treasury shares, revealed an SGX filing on Wednesday (18 October)...

Continue Reading19 Oct 2017

3 upcoming precincts to yield about 18,500 homes

Minister for National Development Lawrence Wong has launched an exhibit on Monday (16 October) that showcases some preliminary ideas regarding three upcoming residential precincts that can potentially yield a total of 18,500 houses...

Continue Reading17 Oct 2017

Foreign developers warm up to en bloc sales

Despite its cumbersome and protracted process, the en bloc fever has started to catch on among foreign developers – especially those from China – signalling a paradigm shift, reported Business Times...

Continue Reading17 Oct 2017

New home sales slow in Sept due to Ghost Month

Property developers sold 657 private housing units in September, down 47.3 percent from 1,246 units in the previous month, according to data released on Monday by the URA...

Continue Reading17 Oct 2017

Country Garden asks govt to include Forest City in HSR

The joint venture building Forest City off Johor is urging the Malaysian government to establish a High-Speed Rail (HSR) station in the mega-project, reported the Straits Times...

Continue Reading16 Oct 2017

Leonie Gardens owners join the en bloc sale fever

The owners of upmarket condominium Leonie Gardens in Leonie Hill, off Grange and River Valley roads, have jumped into the collective sale bandwagon...

Continue Reading16 Oct 2017

En blocs can be stressful for residents

While this year’s collective sale fever has yielded S$5.2 billion worth of deals, experts warn that en bloc sales could also prove to be a stressful experience for owners...

Continue Reading16 Oct 2017

Canada home prices down after two interest rate hikes

Canada’s housing boom showed signs of slowing down, with resale home prices falling 0.8 percent month-on-month in September...

Continue Reading13 Oct 2017

Lian Beng Group posts 47.5% revenue drop

Lian Beng Group’s revenue slumped by 47.5 percent year-on-year to $37.18 million in the first quarter ended 31 August 2017 primarily because of lower contributions from its construction business, revealed an SGX filing on Thursday (12 October)...

Continue Reading13 Oct 2017

Another condo goes en bloc, this time in Bukit Timah

The en bloc frenzy continues after Royalville at Bukit Timah Road became the latest project to be put up for sale on Thursday. The freehold condominium in District 10...

Continue Reading13 Oct 2017

Banyan Tree to operate eco-friendly resort in Mandai

Singapore-based Banyan Tree Holdings announced on Wednesday (11 October) that it will operate its first resort in its home market...

Continue Reading12 Oct 2017