NUS’ two buildings to pilot digital solutions to improve energy efficiency standards
The digital energy solutions are scheduled to be installed in the first half of 2022, at the Stephen Riady Centre and the Education Resource Centre.
Continue Reading • 17 Jun 2021
New private home sales down 29.7% in May amid tighter COVID-19 measures
However, year-on-year, new home sales (excluding ECs) jumped 83%, with 892 units shifted in May 2021.
Continue Reading • 16 Jun 2021
Two residential sites at Slim Barracks Rise launched for sale
Two 99-year leasehold tenure sites at Slim Barracks Rise are zoned for residential with commercial at first storey, and can yield around 405 housing units altogether.
Continue Reading • 16 Jun 2021
Freehold site along Lorong J Telok Kurau Road on sale for $30.6mil
The freehold site along Lorong J Telok Kurau Road has an area of 23,579 sq ft and an indicative price of $30.6million.
Continue Reading • 15 Jun 2021
COVID-19 highlights drawbacks of being overly dependent on foreign labour
However, overhauling the construction industry in Singapore to be less reliant on foreign labour and to use more advanced construction technologies is still a huge task.
Continue Reading • 14 Jun 2021
Singapore home prices to grow by up to 7% this year
RHB adjusted its forecast for residential home prices in Singapore from 0% to 3%, to between 5% to 7% this year.
Continue Reading • 14 Jun 2021
Singapore-Hong Kong air travel bubble to be reviewed next month
Authorities on both sides are set to review the situation in July prior to deciding on a launch date.
Continue Reading • 11 Jun 2021
Gov’t releases four confirmed sites, nine reserved sites for sale under 2H 2021
The Confirmed List comprises four private residential sites that can yield a total of 2,000 homes.
Continue Reading • 10 Jun 2021
Singapore to see steady demand from Hong Kong property buyers
While the number of caveats lodged by Hong Kongers remains steady, some analysts have also pointed out that most Hong Kongers may have a bigger interest in UK properties given the new British National Overseas (BNO) system.
Continue Reading • 9 Jun 2021
Are BTO flats still affordable for first-time home buyers?
Prices of four-room to five-room BTO flats have increased 2.4 times from $208,250 to $496,760 from 2001 to 2020, but the median income has only increased 1.95 times from $4,716 to $9,189 over the same period, showed Department of Statistics data.
Continue Reading • 8 Jun 2021
Tanglin Halt residents sad to leave estate for SERS
“When we first heard the news, we really could not bear to leave. We will lose decades-long friendships. Some of our friends are moving to Bukit Panjang and Clementi,” said Madam Leong Mei, who bought a three-room flat with her husband in 1973.
Continue Reading • 7 Jun 2021
Narrowing price gap between HDB resale flats in mature, non-mature estates
This comes as buyers are “more willing to pay for newer flats than flats with a shorter remaining lease,” said Lee Sze Teck, Director of Research at Huttons Asia.
Continue Reading • 7 Jun 2021
ERA Singapore’s virtual real estate gallery returns
ERA Property Mega Show 2021 will be held from the weekend of 5 and 6 June for four weekends (until the weekend of 26 and 27 June) from 10am onwards. Property hunters can attend virtual open houses on the ERA website.
Continue Reading • 7 Jun 2021
Tengah Garden Walk EC site awarded for $400.3mil
The Tengah Garden Walk EC site will have 12 blocks of up to 14 storeys built on it, with around 620 EC units being put up.
Continue Reading • 4 Jun 2021
URA awards Ang Mo Kio residential site for $381.4mil
The Ang Mo Kio residential site has been awarded to United Venture Development (2021), a joint venture between UOL Group, Singapore Land Group and Kheng Leong Company.
Continue Reading • 3 Jun 2021
Record 87 HDB flats sold for at least $1mil in the first five months of 2021
The number of million-dollar HDB flats sold is expected to increase further, as the number of sales for such apartments in 2021 so far have already exceeded the number of transactions in 2020.
Continue Reading • 2 Jun 2021
Record 43.3 applicants vie for each four-room BTO flat in Bukit Merah
Located along Telok Blangah Drive, 430 applicants vied for the May 2021 Telok Blangah Beacon BTO units, with 4-room flats priced from $602,000 excluding grants.
Continue Reading • 1 Jun 2021
PropertyGuru to acquire iProperty Malaysia and thinkofliving Thailand and welcome REA Group as strategic shareholder
Dear Agent Partners in Singapore,I hope this message finds you well.I am delighted to share with you some exciting news. Today we have announced that PropertyGuru Group will acquire all of REA Group’s property technology assets in Malaysia - iProperty.com.my and brickz.my and thinkofliving.com...
Continue Reading • 31 May 2021
En bloc sales creating environmental problems?
With en bloc sales picking up and like to come back in 2021, questions surrounding sustainability and the environmental cost of tearing down a building before the tenure of the land is up arise.
Continue Reading • 31 May 2021
PropertyGuru to acquire iProperty Malaysia and thinkofliving Thailand from REA Group
As part of the agreement, Australia-based REA Group will receive an 18% equity interest in the enlarged PropertyGuru Group and appoint a Director to the Board.
Continue Reading • 31 May 2021