Singapore Property Market News

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Low Keng Huat net profit up 65% in Q1

The group attributed the increase primarily to higher profits from its investment and development segments

Continue Reading16 Jun 2017

More Singapore construction, consultancy firms venture overseas

Singapore consultancy firms thrived in India, China, Indonesia, Cambodia, Myanmar, Malaysia and Vietnam

Continue Reading15 Jun 2017

World Class Global’s IPO 2.1 times oversubscribed

Assuming the over-allotment option is not exercised, World Class Global’s post-invitation market capitalisation will stand at around S$235.5 million based on the S$0.26 issue price

Continue Reading15 Jun 2017

Construction sector to benefit from higher gov’t spending

In January, the Building and Construction Authority (BCA) forecasted that the overall value of construction contracts to be awarded would range from S$28 billion to S$35 billion

Continue Reading15 Jun 2017

Geylang’s lights burn more than red

Despite its weary image, Geylang is often known for its contemporary conservation shop houses, and has a rich history Singaporeans just cannot afford to lose.

Continue Reading14 Jun 2017

Bidadari mixed-use site attracts $1.132 billion top bid

The highly anticipated tender for a mixed commercial and residential site in Bidadari closed on Tuesday (13 June) after attracting 12 bullish bids...

Continue Reading14 Jun 2017

Future still uncertain for old Circuit Road flats

The opening of Downtown Line 3 in October this year, which passes through the MacPherson area, has once again put the spotlight on a small HDB estate at Circuit Road...

Continue Reading14 Jun 2017

The Albracca at Meyer Road up for en-bloc sale

An en-bloc tender exercise has been launched for The Albracca, a 10-storey apartment along Meyer Road which was completed in 1990...

Continue Reading14 Jun 2017

New public building tenders to place greater emphasis on quality over price

This comes as the property downturn has seen firms bidding at excessively low rates just to win a project

Continue Reading14 Jun 2017

Bidadari: A former cemetery given new life

Bidadari, once known for its cemetery grounds is in the process of being transformed into a new HDB town. Find out how viable living in this new town is.

Continue Reading13 Jun 2017

NUS, IWBI to promote building designs that advance health and wellness

The areas of cooperation include training, education and accreditation of the WELL Building Standard™

Continue Reading13 Jun 2017

Soilbuild invests in advanced construction technology

Prefabricated pre-finished volumetric construction (PPVC) significantly speeds up construction as the building components are manufactured offsite and assembled in the work area

Continue Reading13 Jun 2017

Fighting over fixtures

Bukit Timah home owner wanted to install “invisible” grilles at his balcony to protect his young children, while the Serangoon condominium owners wanted to cover the trellises in their balconies

Continue Reading13 Jun 2017

IOI Properties and Hongkong Land to jointly develop Marina Bay site

Malaysian developer IOI Properties Group and Hong Kong-based Hongkong Land on Monday (12 June) signed an agreement to jointly develop...

Continue Reading12 Jun 2017

PropNex merges with DWG to form Singapore's largest property agency

Homegrown real estate agency PropNex Realty announced this morning (12 June) a merger with Dennis Wee Group (DWG) following an MOU signing...

Continue Reading12 Jun 2017

Woodlands residents to benefit from 3 renewal programmes

The government is expected to complete three neighbourhood renewal programmes in Woodlands by 2019 that involves upgrading a total of 66 blocks

Continue Reading12 Jun 2017

GuocoLand to issue S$170mil bonds

Singapore-listed real estate developer GuocoLand plans to issue bonds collectively valued at SGD170 million that pays an interest rate of 3.9%, reported The Business Times.Expected to be issued on Thursday (15 June), the bonds will mature by February 2023.GuocoLand will use the net proceeds from...

Continue Reading12 Jun 2017

Chinese developer seeks more projects in Singapore

Logan Property, a developer listed in the Hong Kong bourse, is considering other residential and commercial projects in Singapore

Continue Reading12 Jun 2017

BCA to award more firms for advocating new construction methods

Singapore’s Building and Construction Authority (BCA) is set to honour a record number of companies for pioneering the adoption of advanced and efficient construction methods...

Continue Reading9 Jun 2017

Older HDB flats to get more efficient water closets

To help residents of older HDB flats save water and lower their water bill, the Public Utilities Board (PUB) will provide eligible families...

Continue Reading9 Jun 2017