Singapore Property Market News

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PropertyGuru Vietnam Property Awards 2017 winners unveiled

A total of 35 winners and 28 highly commended awardees were unveiled during the PropertyGuru Vietnam Property Awards 2017...

Continue Reading9 Jun 2017

Malaysian developer pays $72m for prime site near Orchard Road

Champsworth Development, a subsidiary of Malaysian property developer Selangor Dredging Berhad, has bought the prime freehold 1 Draycott Park...

Continue Reading8 Jun 2017

Smart technologies offer many perks for HDB estates

Adopting smart technologies in HDB estates has many benefits, revealed the Housing Board’s CEO Cheong Koon Hean, media reports said...

Continue Reading8 Jun 2017

S'pore drops out of top 20 list of world’s most expensive cities for expats

Singapore has fallen out of the top 20 list of the most expensive cities in the world, moving six notches down from 18th place last year to 24th...

Continue Reading8 Jun 2017

Earlier completion for Punggol Coast MRT station

The completion date for the North East Line Extension has been brought forward to 2023 from its initial schedule of 2030, announced the LTA...

Continue Reading8 Jun 2017

Singapore among 10 cities leading the way in urban mobility

Singapore has been named among 10 cities in Asia Pacific that are implementing big plans to improve urban mobility, according to a report...

Continue Reading7 Jun 2017

LTA, MyHSR to conduct industry briefing for KL-Singapore HSR project

Briefing for companies interested in participating in the tender for the assets company of the high-speed rail project will be conducted next month

Continue Reading7 Jun 2017

More cases of fallen windows

The number of fallen window cases in Singapore has increased to 28 during the first five months of 2017 from an average of 24 in the same period over the last five years

Continue Reading7 Jun 2017

Toronto home sales, prices down in May

This comes after the Ontario government unveiled a new 15 percent tax on foreign property buyers on 20 April, while giving Toronto powers to tax vacant properties

Continue Reading6 Jun 2017

Rate hike to significantly affect home buyers in Hong Kong

The property market is so hot that prices now surpass their previous peak in 1997 by almost 90 percent

Continue Reading6 Jun 2017

Lorong 1 Realty Park site awarded

The developers submitted the highest bid of S$75.8 million, revealed the Urban Redevelopment Authority on Monday (5 June)

Continue Reading6 Jun 2017

Two estates gunning for en bloc sales

Following the recent collective sales of Rio Casa and Eunosville, two more privatised HUDC estates – Tampines Court and Florence Regency – are eyeing the en bloc sales path

Continue Reading5 Jun 2017

NSW tax hike on foreign buyers to have limited effect

Even with the higher taxes, home prices in New South Wales would still be more affordable than those in Singapore and Chinese cities like Shanghai and Hong Kong

Continue Reading5 Jun 2017

CWG Int'l CEO slams reports of a property bubble in China

Despite reports of a property bubble in China, SGX-listed and Chinese developer CWG International plans to accelerate its expansion domestically

Continue Reading5 Jun 2017

$75.8 million top bid for Lorong 1 Realty Park site

The tender for a rare landed property site at Lorong 1 Realty Park in Hougang closed on Thursday after attracting 11 bids, revealed the URA...

Continue Reading2 Jun 2017

UK home prices down 0.2% in May

A new survey showed that house prices in the UK fell for the third month in a row in May, which is a first since 2009

Continue Reading2 Jun 2017

New South Wales doubles stamp duty for foreign property buyers

With effect from 1 July, the higher surcharge comes on top of the normal New South Wales stamp duty, which can go as high as seven percent

Continue Reading2 Jun 2017

Eunosville sold to MCL Land for $765 million

Eunosville, a 330-unit privatised HUDC development near Eunos MRT station, has been sold en-bloc for $765.78 million ($909 psf per plot ratio)...

Continue Reading1 Jun 2017

Downtown Line 3 to open on 21 October

The 21km-long Downtown Line 3 (DTL3), the last and longest stretch of the 42km Downtown MRT Line (DTL), will begin operations on 21 October...

Continue Reading1 Jun 2017

United Engineers picked Perennial for final talks on buyout

An agreement may be reached out as soon as this month for the century-old company, which has a market value of S$1.7 billion

Continue Reading1 Jun 2017