URA launches sale of Margaret Drive site
A 0.48ha residential site at Margaret Drive was launched for sale by public tender on Thursday (10 November) by the Urban Redevelopment Authority (URA)...
Continue Reading • 11 Nov 2016
Developers report mixed results in Q3
Singapore developers posted mixed results in the third quarter of 2016, with City Developments Limited (CDL) reporting a profit increase and UOL Group registering a decline...
Continue Reading • 11 Nov 2016
$187 million set aside for private estate upgrading
The government has set aside around $187 million for the Estate Upgrading Programme (EUP) since the scheme was launched in 2000, said Minister of State for National Development Koh Poh Koon in Parliament...
Continue Reading • 10 Nov 2016
CapitaLand Q3 net profit up 28% to $247.5 million
Property developer CapitaLand posted a total net profit of $247.5 million in the third quarter of 2016, up 28.4 percent from $192.7 million in the previous year, on the back of better operating performance...
Continue Reading • 10 Nov 2016
Japan’s property market powering ahead
Special Advertising Feature: The strong capital appreciation, stable rental yields, a weakening yen and the upcoming 2020 Olympics continue to attract foreign investors to Japan’s property market...
Continue Reading • 10 Nov 2016
Trump win causes uncertainty for global economy
Donald Trump has been elected the 45th President of the United States, after one of the most divisive elections in modern US history. The shock win has caused the US dollar and other major currencies to weaken significantly...
Continue Reading • 9 Nov 2016
Marina Bay site attracts top bid of $2.6 billion
The tender for a 1.1ha white site at Central Boulevard in Marina Bay closed on Tuesday (8 November) after attracting seven bids, said the Urban Redevelopment Authority (URA)...
Continue Reading • 9 Nov 2016
Discussions underway to protect Ellison Building
The North-South Corridor’s (NSC) original alignment would have affected more buildings, including Rex Cinema, as well as several shophouse units at Ellison Building...
Continue Reading • 9 Nov 2016
Expansion of upgrading scheme depends on budget
The government’s fiscal position and budget availability will have to be taken into consideration in deciding whether to expand the Home Improvement Programme (HIP), National Development Minister Lawrence Wong said...
Continue Reading • 9 Nov 2016
Plan to build integrated development next to Buangkok MRT station
The government plans to transform the open field next to the Buangkok MRT station into an integrated development, revealed the Ministry of National Development (MND) on Monday...
Continue Reading • 8 Nov 2016
Defects in new HDB flats covered by a one-year warranty: MND
Rectification of defects in new HDB flats are covered by a warranty under the one-year Defects Liability Period (DLP), said the Ministry of National Development (MND)...
Continue Reading • 8 Nov 2016
Household garbage collection fees to be raised
Refuse collection fees for households in Singapore will be raised from 1 January 2017 due to higher operating costs, such as that for manpower, the National Environment Agency (NEA) said on Monday...
Continue Reading • 8 Nov 2016
Condo sales start for Queens Peak, Parc Riviera
Queens Peak, Hao Yuan Investment’s 736-unit condominium project at Dundee Road, has been warmly received by buyers, with 242 units sold during its launch on Saturday...
Continue Reading • 7 Nov 2016
Indonesia leads nominations for the SEA Property Awards 2016
More than 40 developers from across the region have been shortlisted to compete for top honours at the sixth annual South East Asia Property Awards 2016, presented by Hansgrohe and organised by PropertyGuru...
Continue Reading • 7 Nov 2016
HK raises stamp duty to cool resurging property market
Hong Kong Transport and Housing Secretary Anthony Cheung revealed that the government has increased the stamp duty to 15 percent for all home purchases, except for first-time buyers who are permanent residents, media reports said...
Continue Reading • 7 Nov 2016
Margaret Drive reserve list site triggered for sale
A 0.48ha reserve list site at Margaret Drive in Queenstown has been triggered for sale, after a developer committed to a minimum bid of about $185.76 million in the public tender, said the URA...
Continue Reading • 4 Nov 2016
HDB receives prestigious award
The HDB was conferred a Special Recognition Award on Wednesday by an international panel of judges in Frankfurt, for its unique role in providing access to quality high-rise living...
Continue Reading • 4 Nov 2016
Uncertainty remains in UK housing market, says JLL
Home prices in the UK are expected to increase by 0.5 percent in 2017 and a further one percent in 2018, on the back of greater uncertainty and a slower economy resulting from the Brexit vote...
Continue Reading • 4 Nov 2016
Luxury home prices see marginal rise in Q3
Singapore’s luxury home prices grew by only 0.5 percent quarter-on-quarter in Q3 2016, according to Knight Frank. The city-state joins 17 other cities tracked by the firm, which saw their rate of price growth decline from the previous quarter.
Continue Reading • 3 Nov 2016
Mapletree acquires its first US student accommodation assets
Mapletree Investments has acquired seven student accommodation assets in the US from Kayne Anderson Real Estate Advisors, marking the company’s maiden acquisition of such properties in the world’s biggest student accommodation market.
Continue Reading • 3 Nov 2016