Singapore Property Market News

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PropertyGuru Asia Property Awards (Malaysia) returns

The fourth edition of the PropertyGuru Asia Property Awards (Malaysia) was recently launched to honour the country’s latest innovations in real estate development, sustainability and design...

Continue Reading17 Feb 2017

Consortium awarded joint development partner contract for HSR project

The joint development partner (JDP) contract for the Kuala Lumpur-Singapore High Speed Rail (HSR) project has been awarded to a consortium comprising WSP Engineering Malaysia...

Continue Reading17 Feb 2017

Aware: Have more inclusive housing policies for single parents

Calling for more inclusive housing policies for single parents, the Association of Women for Action and Research (Aware) has released 16 recommendations to help single parents secure affordable housing...

Continue Reading16 Feb 2017

CapitaLand’s Q4 earnings surged by 73.8%

CapitaLand’s net profit soared 73.8 percent year-on-year to S$430.5 million in Q4 2016 due to better operating performance, leading to an 11.7 percent increase in the full-year figure to S$1.19 billion...

Continue Reading16 Feb 2017

New home sales up 17.6% from year ago

Despite the lack of new project launches, developers sold 381 private residential units in January, excluding executive condominiums (ECs), according to latest data from the URA...

Continue Reading16 Feb 2017

Stylish residences that will inspire you to get fit and fab

Let your new residence inspire you to fulfill all your fitness resolutions.

Continue Reading16 Feb 2017

West Coast Vale site awarded to China firm

A residential site at West Coast Vale has been awarded to China Construction (South Pacific) Development, after the company submitted the highest bid of $291.99 million for the 1.6ha site,...

Continue Reading16 Feb 2017

Thieves' Market at Sungei Road to make way for new homes

Singapore’s oldest and biggest flea market will be closing for good on 10 July to make way for new homes. The Thieves’ Market at Sungei Road began as a small trading spot in the 1930s...

Continue Reading15 Feb 2017

Ethical issues in the property sector

The government’s implementation of a series of cooling measures to rein in spiralling home prices has significantly reduced transaction volume in the industry, leading to stiffer competition...

Continue Reading15 Feb 2017

UK house price growth to slow this year

With house price growth in the UK accelerating at the end of 2016, analysts have cautioned against taking it as a sign of a renewed phase of price growth, media reports said...

Continue Reading15 Feb 2017

Asset Management Association of China sets up prohibition against private equity schemes in 16 cities

The Asset Management Association of China (AMAC) has prohibited the registration of private equity schemes intended for housing investments in 16 cities

Continue Reading14 Feb 2017

CapitaLand increases stake in CTD

CapitaLand Limited has increased its stake in CapitaLand-Thien Duc Company Limited (CTD), after its wholly owned subsidiary, CLV Investment 5 Limited, acquired a 20 percent stake in the Vietnam incorporated company.

Continue Reading14 Feb 2017

Over 55% of The Peak @ Cairnhill II sold at launch

The Peak @ Cairnhill II, a freehold 18-storey luxurious development by TG Development, received robust response during its launch in January, with 34 out of 60 units snapped up at an average price of S$2,700 psf.

Continue Reading14 Feb 2017

HDB launches 4,056 BTO flats

The Housing and Development Board (HDB) launched 4,056 flats for sale this morning under the February 2017 Build-To-Order (BTO) exercise. Spread across six projects...

Continue Reading14 Feb 2017

Review property tax, urges Redas

The Real Estate Developers' Association of Singapore (Redas) has called on the government to review the property tax for vacant private land, and to grant property tax exemption...

Continue Reading13 Feb 2017

Singapore firms among UEL’s shortlisted bidders

The major stakeholders of United Engineers Ltd (UEL) have narrowed down their list of potential bidders to five companies, including two Singapore companies...

Continue Reading13 Feb 2017

Govt to ensure Botanic Gardens remains safe

National Development Minister Lawrence Wong said the government would not waste any effort in ensuring that the Botanic Gardens remains safe...

Continue Reading13 Feb 2017

Two highly anticipated condos to launch in coming weeks

Following the Chinese New Year lull period, developers are gearing up to launch two private residential projects in Singapore. One of them is The Clement Canopy...

Continue Reading10 Feb 2017

West Coast Vale site draws $291.99m top bid

A residential site at West Coast Vale received nine bids when its tender closed on Thursday (9 February), said the Urban Redevelopment Authority (URA)...

Continue Reading10 Feb 2017

Waterfall lifts mystery now solved

After 18 months, the mystery surrounding the “waterfall” lifts at a public housing block in Tiong Bahru has now been solved, media reports said...

Continue Reading10 Feb 2017