Phoenix Property Investors to boost investment in Singapore
Hong Kong-based private equity real estate firm Phoenix Property Investors has announced plans to boost its investment in Southeast Asia, including Singapore. Founded in 2002,...
Continue Reading • 6 Dec 2016
Govt willing to shorten MOP for families in HDB’s Fresh Start Housing Scheme
The government is open to allowing families in the Fresh Start Housing Scheme to shorten the 20-year Minimum Occupation Period (MOP) should their family and financial circumstances improve, media reports said...
Continue Reading • 5 Dec 2016
Concrete sunbreaker at Tampines block had no reinforcement bars
The final investigation report by the professional engineer (PE) regarding the dislodged concrete sunbreaker at Block 201E Tampines St 23 revealed that it had no reinforcement bars, media reports said...
Continue Reading • 5 Dec 2016
Fresh Start Housing Scheme open for application
The Fresh Start Housing Scheme opened for applications from Thursday (1 December) to help public rental families with young children own a 2-room Flexi flat...
Continue Reading • 2 Dec 2016
Man ordered to split condo sales proceeds with brother
To assert his share in a property, a man filed a lawsuit against his younger brother, who had persuaded him to invest $200,000 in a Hillview condominium unit in exchange for equal share of the property...
Continue Reading • 2 Dec 2016
Malaysia property market prospects discussed at PropertyGuru forum
The Malaysian real estate sector faces challenging conditions, and its prospects for next year were discussed at the PropertyGuru 2017 Property Outlook Forum was held yesterday (1 December).
Continue Reading • 2 Dec 2016
See how landscape architecture is shaping developments all over Asia
Songdo in South Korea bills itself as a city of the future. Built on 600 hectares of reclaimed land outside of Seoul, it is a blueprint for urban development in the 21st century...
Continue Reading • 2 Dec 2016
Singapore, Malaysia need sound agreement on HSR
Prime Minister Lee Hsien Loong believes cost sharing of the High Speed Rail (HSR) project is one of the factors making the project complicated, since there are two countries involved.
Continue Reading • 1 Dec 2016
NZ central bank may restrict mortgage lending
The Reserve Bank of New Zealand (RBNZ) said new mortgage lending restrictions may be introduced should house prices continue to increase, reported Reuters.
Continue Reading • 1 Dec 2016
MAS remains cautious on property market
The Monetary Authority of Singapore (MAS) remains cautious on the property market outlook, given that demand-supply dynamics may drag down the market, coupled with rising vacancy rates and softer economic and labour market conditions...
Continue Reading • 30 Nov 2016
More foreigners buying homes in Singapore
Singapore’s private residential market attracted even more foreign buyers during the first nine months of this year (9M 2016), according to the latest report from property consultancy JLL.
Continue Reading • 30 Nov 2016
Developers confident of selling homes before ABSD deadline
Despite the multi-million dollar fines involved if they fail to sell all their residential units within five years, property developers in Singapore are unlikely to cut home prices to attract buyers.
Continue Reading • 30 Nov 2016
URA releases two residential sites for sale
The Urban Redevelopment Authority (URA) released two 99-year leasehold sites for sale today, under the 2nd Half 2016 Government Land Sales (GLS) Programme.
Continue Reading • 29 Nov 2016
HDB flat owners to enjoy lower tax rates in 2017
Almost all private home owners will see minor to no adjustments to their property taxes next year, while HDB flat owners will pay lower taxes or even no tax at all.
Continue Reading • 29 Nov 2016
Strong demand from second-timers in latest BTO exercise
This year's final Build-To-Order (BTO) exercise witnessed strong demand as attractive locations help drive interest for the projects on offer...
Continue Reading • 29 Nov 2016
JLL's Karamjit Singh to leave role as residential head
Property veteran Karamjit Singh will be leaving his position as head of JLL's Singapore residential business to pursue his own entrepreneurial interests...
Continue Reading • 28 Nov 2016
New plans revealed for Jurong Lake Gardens
Plans have been unveiled for the new Jurong Lake Gardens, which has been dubbed the third national garden (after the Singapore Botanic Gardens and Gardens by the Bay).
Continue Reading • 28 Nov 2016
Sime Darby wins regional Best Developer award
Malaysia's Sime Darby Property took home its first regional Best Developer title last Thursday at the sixth annual South East Asia Property Awards 2016, presented by Hansgrohe and organised by PropertyGuru...
Continue Reading • 28 Nov 2016
More projects to go en bloc in 2017
Market watchers expect more residential properties to go en bloc in 2017, following the success of three collective sales this year, reported The Business Times.
Continue Reading • 28 Nov 2016
6 key takeaways from the Real Estate Personality of the Year
Francis Koh of Koh Brothers Group was awarded the Real Estate Personality of the Year 2016 at the Southeast Asian Property Awards. We had a chat with the man and came away with some key takeaways...
Continue Reading • 28 Nov 2016