Singapore Property Market News

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CDL posts 8.4% rise in Q1 revenue

City Developments Limited (CDL) recorded a revenue of SGD783.8 million in Q1 2017, up 8.4% from the SGD723.3 million in the same period a year ago

Continue Reading12 May 2017

URA unveils new occupancy cap

The Urban Redevelopment Authority (URA) has reduced its cap on allowable tenants for private properties from eight to six unrelated persons

Continue Reading12 May 2017

Shunfu Ville sale finally goes through

The collective sale of Shunfu Ville has finally received the green light, after the Court of Appeal dismissed the appeal lodged by objectors, media reports said...

Continue Reading11 May 2017

Developers tap VR tech to market projects

Property developers are making use of virtual reality (VR) technology to assist them in marketing their new projects, media reports said...

Continue Reading11 May 2017

HK listed world’s top luxury residential market in 2016

Despite hefty stamp duties, Hong Kong emerged as the world’s top luxury real estate market last year, beating London which dropped...

Continue Reading11 May 2017

Proportion of HDB flats down in 2016

While the number of HDB flats increased from 880,000 units in 2006 to 1.011 million units in 2016, the proportion of such flats out of the total housing stock fell from 78 percent to 73 percent

Continue Reading9 May 2017

New Futura to launch amid improved market sentiment

Property developer City Developments Limited (CDL) is gearing up to launch its New Futura condominium at Leonie Hill Road in prime District 9...

Continue Reading9 May 2017

5 developments with childcare centres in Singapore

Developments with childcare centres are a lot more common these days even if their numbers are still low. Check out these five projects that do have centres for kids.

Continue Reading9 May 2017

Analysts expect more homes as sites revert back to the state

More homes expected in sought after areas such as Paterson Road and Tanglin Road as earmarked sites are returned to the government or placed temporarily for alternative uses

Continue Reading8 May 2017

One Tree Hill Gardens sold for $65m in first en bloc sale of 2017

One Tree Hill Gardens off Orchard Boulevard has been sold for $65 million to a subsidiary of Lum Chang Group, said Knight Frank on Friday...

Continue Reading8 May 2017

Luxury project featuring Australia’s tallest man-made waterfall to launch in June

Waterfall by Crown Group, a 331-unit luxury residential project in Sydney’s inner-city suburb of Waterloo, will be officially launched to buyers...

Continue Reading8 May 2017

Vast majority of HDB flats not qualified for SERS

Most public housing are not eligible for the Selective En Bloc Redevelopment Scheme (SERS)

Continue Reading5 May 2017

Renovation works unfinished despite full payment

While she had paid the full amount for the renovation of her flat in Compassvale Crescent, Sengkang, Madam Siti's five-room unit is still far from being completed

Continue Reading5 May 2017

Views wanted on proposed changes to Property Tax Act

The Ministry of Finance (MOF) is inviting the public to provide feedback on proposed changes to the Property Tax Act. The three amendments...

Continue Reading5 May 2017

US housing market: More losers than winners, study

A new study revealed that only one in three homes in the US have returned to their pre-recession peak

Continue Reading4 May 2017

CDL awarded Tampines condo site

Bellevue Properties, a unit of City Developments Limited (CDL), beat eight other bidders to win the tender for a residential site at Tampines...

Continue Reading4 May 2017

Asian investors still snapping up UK property: JLL

Real estate transaction volumes in the UK are at their highest level since 2015, according to a report from property consultancy JLL...

Continue Reading4 May 2017

Oxley posts 91% surge in Q3 revenue

Oxley Holdings Limited’s revenue soared by 91 percent to S$386.5 million in the third quarter ended 31 March 2017 compared to S$202.58 million in the same period a year ago

Continue Reading3 May 2017

More first-timers turn to the resale market

One in five first-time buyers of Housing Board homes preferred a resale unit over a Build-To-Order (BTO) unit last year

Continue Reading3 May 2017

Australia’s April home price growth the slowest in 16 months

The red hot housing market of Australia showed first signs of slowing as prices rose at their slowest pace in 16 months in April

Continue Reading3 May 2017