Small property firm dreams big
Real estate veteran Tony Koe has been appointed CEO of SRI, revealed the property agency on Tuesday, 23 August. Started in May this year, SRI is a collaboration between Koe and two other business partners...
Continue Reading • 23 Aug 2016
Wing Tai reports net profit slump
Property developer Wing Tai Holdings saw its net profit for the financial year ended 30 June 2016 plunge by 95 percent year-on-year to $59.4 million, while revenue dropped by 20 percent on year to $544.5 million...
Continue Reading • 23 Aug 2016
LTA, MyHSR to issue joint tender for HSR project
The LTA and MyHSR will call for a joint tender today (22 August) to appoint a Joint Development Partner to assist in the development of the Kuala Lumpur-Singapore HSR project.
Continue Reading • 22 Aug 2016
PM touches on key growth areas in rally speech
Singapore Prime Minister Lee Hsien Loong on Sunday (21 August) delivered his National Day Rally speech where he touched on some of the upcoming developments in Singapore in the coming years.
Continue Reading • 21 Aug 2016
Nominations open for South East Asia Property Awards (Singapore) 2016
Nominations are now being accepted for the sixth edition of the South East Asia Property Awards (Singapore), organised by PropertyGuru Group and presented by Hansgrohe...
Continue Reading • 21 Aug 2016
$30m GCB put up for auction
A freehold good class bungalow (GCB) in the exclusive Dalvey Estate GCB area will be put up for auction by owner's sale at the end of this month, said sole marketing agent Edmund Tie & Company...
Continue Reading • 19 Aug 2016
OUE acquires Nassim sites
Property developer OUE Limited is going ahead with plans to acquire two land parcels at 28 Nassim Road for $56.6 million, after successfully tendering for the sites on 18 August...
Continue Reading • 19 Aug 2016
Smart bus stop unveiled at Jurong Lake District
A new concept bus stop along Jurong Gateway Road aims to make daily commuting less boring, with free Wi-Fi, handphone charging points, e-books download, bicycle parking and even a swing...
Continue Reading • 19 Aug 2016
$2m for a unit at Banyan Tree’s Brisbane project
Singapore-based hospitality group Banyan Tree officially launched its first luxury residential project in Australia on Wednesday. The average price point for each of the sold units is AU$2 million...
Continue Reading • 18 Aug 2016
6 fun facts about ITE College Central
Prime Minister Lee Hsien Loong will deliver his National Day Rally 2016 speech this Sunday evening (21 August) from 6:45pm at the headquarters of the Institute of Technical Education (ITE) in Ang Mo Kio...
Continue Reading • 18 Aug 2016
HDB launches 4,841 BTO flats
The Housing and Development Board (HDB) launched 4,841 Build-To-Order flats in Hougang, Sembawang, Yishun and Tampines on Wednesday, 17 August...
Continue Reading • 17 Aug 2016
Action taken against 44 illegal short-term rentals: MND
The URA has taken enforcement action against 44 unauthorised short-term subletting cases in private homes during the first six months of 2016, media reports said...
Continue Reading • 17 Aug 2016
PwC appointed IFA to Sim Lian privatisation
PricewaterhouseCoopers (PwC) has been appointed by Sim Lian Group (SLG) as its independent financial adviser (IFA) to advise the independent directors in relation with the voluntary conditional cash offer for the company...
Continue Reading • 17 Aug 2016
Will Indonesia be SE Asia’s new tax-haven paradise?
To meet its infrastructure targets and bridge a growing budget deficit, the Indonesian government is discussing the possibility of establishing tax haven jurisdictions in two of its islands...
Continue Reading • 17 Aug 2016
RE/MAX opens office in Myanmar
Real estate company RE/MAX has opened an office in Myanmar to tap on the country's growing property market. Real Centre Holdings' owner Ken Lim acquired the RE/MAX master franchise for Myanmar back in January...
Continue Reading • 16 Aug 2016
S’pore luxury home prices up 7.9% in Q2
Singapore was listed ninth on Knight Frank’s Prime Global Cities Index for Q2 2016, with luxury home prices increasing 7.9 percent in the year to June 2016. Vancouver topped the list yet again...
Continue Reading • 16 Aug 2016
MAS clarifies rules for deferred payments
The Monetary Authority of Singapore (MAS) has clarified that deferred payment schemes should be taken into account by banks when computing how much a private property buyer can borrow, media reports said...
Continue Reading • 16 Aug 2016
URA launches sale of Fernvale Road site
A residential site at Fernvale Road in Sengkang was launched for sale by public tender on Tuesday (16 August), said the Urban Redevelopment Authority (URA)...
Continue Reading • 16 Aug 2016
5 best-selling projects in July 2016
Property developers in Singapore sold 1,921 housing units in July, including executive condominiums (ECs), compared to just 768 units in the previous month...
Continue Reading • 15 Aug 2016
Developer sales more than doubles in July
Sales of new private homes, excluding executive condominiums (ECs), more than doubled to 1,091 units in July, up from 536 units sold in the month before, according to URA data...
Continue Reading • 15 Aug 2016