Singapore Property Market News

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Buyer fails to obtain legal ownership of HDB flat

The High Court has rejected a man’s bid to obtain legal ownership of an HDB resale flat that was bought from the representative of a man with dementia, according to media reports...

Continue Reading24 May 2016

Stars of Kovan sales less than stellar

Hong Kong developer Cheung Kong Property sold 15 percent, or 60 of the 395 residential units at its much talked about Stars of Kovan mixed-use development over a two-day VIP pre-sale event last weekend...

Continue Reading23 May 2016

Sluggish rental market forces homeowners to list on Airbnb

The difficulty in finding long-term tenants amidst the sluggish rental market has forced some condo owners to offer short-term rentals via Airbnb, media reports said...

Continue Reading23 May 2016

Nearly 88,000 households applied for elderly safety features

The HDB has revealed that close to 88,000 households have applied for the scheme that improves the safety of seniors while at home since it was launched in July 2012, media reports said...

Continue Reading23 May 2016

Unit in London castle for sale

A unit in one of the few remaining castles in London has been put up for sale, according to media reports. Built around 1720, it has been listed with an asking price of US$4.2 million...

Continue Reading23 May 2016

$500,000 HDB fund for community projects

The HDB is setting aside $500,000 in funding over a five-year period, to encourage residents to initiate projects that can help build greater cohesion and community spirit in HDB estates...

Continue Reading21 May 2016

New town plaza injects vibrancy into Bedok

Bedok residents can look forward to more vibrant social spaces and better connectivity with the completion of Bedok Town Plaza and the recently upgraded pedestrian mall in Bedok Town Centre...

Continue Reading20 May 2016

Prices at Gem Residences to start from $578k

Gem Residences, the first private condominium to launch in Toa Payoh since 2009, has released the prices of its units ahead of its official launch next Friday (27 May)...

Continue Reading20 May 2016

Qingjian acquires Shunfu Ville, plans to build over 1,000 homes

Chinese property developer Qingjian Realty has announced that it has entered into a sales and purchase agreement with the homeowners of Shunfu Ville...

Continue Reading20 May 2016

Fight over HDB flat goes to court

In a case pending before the High Court, a woman has sued her two grandchildren for attempting to sell an HDB flat she claims was paid solely by her, according to media reports...

Continue Reading20 May 2016

Accommodation provider insists it complies with URA rules

LMB Housing Services, a company that leases units at private condos and sublets them, said it explicitly informs potential clients and tenants that renting a private unit here for less than six months is prohibited...

Continue Reading19 May 2016

Ez-link cards to be used at Gem Residences

Gem Residences in Toa Payoh is set to become the first residential project in Singapore where residents can use ez-link cards to pay for the usage of certain services and facilities...

Continue Reading19 May 2016

CBRE to acquire 49% stake in Malaysian property firm

Global property consultancy CBRE has entered into an agreement to acquire a 49 percent interest in C H Williams Talhar & Wong (WTW), a leading real estate firm in Malaysia...

Continue Reading18 May 2016

Property agency HSR fined, barred over failed en bloc deal

The CEA has imposed a fine of $74,000 on HSR International Realtors, for unfairly providing incentive payments to several sellers in the failed collective sale of Thomson View condominium...

Continue Reading18 May 2016

CDL raises the bar on sustainability

In a bid to become one of Singapore’s most eco-friendly property firms, City Developments Limited (CDL) has further raised its performance targets in the field of sustainability...

Continue Reading18 May 2016

CapitaLand to co-invest in start-ups

CapitaLand has been selected to co-invest in the Early Stage Venture Fund III Scheme (ESVFIII) by the National Research Foundation, a department within the Prime Minister's Office of Singapore...

Continue Reading18 May 2016

Property veteran appointed to APREA Singapore Board

The Asia Pacific Real Estate Association has announced the appointment of Loh Wai Keong to its Singapore chapter board. Loh is also Managing Director and Co-Head of Asia (Real Estate) at GIC...

Continue Reading17 May 2016

$14m awarded for five research projects

The Ministry of National Development and the National Research Foundation have awarded $14 million in funding to five research projects under the Land and Liveability National Innovation Challenge...

Continue Reading17 May 2016

Oxley eyeing Sydney Fish Market site

Singapore developer Oxley Holdings is looking to expand into Australia’s real estate sector, particularly in Sydney’s Bays Precinct, according to media reports...

Continue Reading17 May 2016

New York property continues to break records

New York property broker Corcoran Group recently conducted a survey during the first quarter, showing real estate prices in Manhattan continuing to set record highs...

Continue Reading17 May 2016