Singapore Property Market News

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CapitaLand's Q4 profit up 187%

Singapore-listed CapitaLand's PATMI for 2014 increased due to profit from the sale of a Singapore property, lower funding costs, improved operating performance from its shopping mall business, and development projects in Vietnam.

Continue Reading18 Feb 2015

Property sales boost Koh Brothers' revenue, gross profit

Koh Brothers recorded a 38 percent increase in net profit for FY 2014, and sales from its District 18 property will continue to provide good earnings visibility

Continue Reading18 Feb 2015

3 things we love about Northpoint City

What current and future Nee Soon residents can look forward to at Northpoint City...

Continue Reading18 Feb 2015

SIBOR remains on the uptick

The Singapore Interbank Offered Rate (SIBOR) continues its steady upward movement touching 0.67863 percent Tuesday last week and remained around the same level towards the end of the week, posting a rate of 0.67288 percent.

Continue Reading18 Feb 2015

District 10 GCB selling for $23.52 million

Mining tycoon Low Tuck Kwong and his children are reportedly selling a District 10 property along Swettenham Road for $23.52 million.

Continue Reading17 Feb 2015

Construction set to begin on Northpoint City

Largest integrated development in the North will transform mature Yishun precinct...

Continue Reading17 Feb 2015

Relaunches expected in 2015 to push unsold units

With many units left unsold from prior launches, OrangeTee Research and Consultancy predicts the market will be hit by a wave of relaunches of Singapore properties for sale.

Continue Reading17 Feb 2015

5 most popular condos in January

Symphony Suites and Marine Blue were the only two private condominiums launched last month...

Continue Reading17 Feb 2015

Parenthood scheme applicants down in 2014

The number of applicants under the Parenthood Priority Scheme for HDB properties dropped from 10,000 in 2013 to 8,000 last year.

Continue Reading17 Feb 2015

Eye on Katong: Rich in heritage and more

Katong developed into a residential suburb by the early 20th century and it continues to be a favoured residential location as buyers and residents show interest in District 15 properties.

Continue Reading17 Feb 2015

KSH wins contract to build Singapore Chinese Cultural Centre

Singapore property and construction group KSH Holdings announced Monday (16 February) that its wholly-owned subsidiary, Kim Seng Heng Engineering Construction, has won a S$78.2 million contract for the construction of the proposed 11-storey Singapore Chinese Cultural Centre at Shenton Way. In...

Continue Reading17 Feb 2015

Savills buys into Malaysia

Savills buys into long established real estate team in Malaysia, further expanding its global platform...

Continue Reading17 Feb 2015

30% tax for foreign buyers in Taiwan

Foreign property buyers and investors may have to pay 30 percent tax on their future Taiwan property purchases as the country’s Ministry of Finance acts to prevent speculators in the market.

Continue Reading17 Feb 2015

Windsor Nature Park to open in 2016

Residents of Upper Thomson properties can look forward to a new nature park when the 75-hectare Windsor Nature Park is ready.

Continue Reading16 Feb 2015

New home sales plunge 35% from year ago

Sales of private housing units by developers dropped almost 35 percent to 372 units in January 2015 from the same period last year...

Continue Reading16 Feb 2015

606 S'poreans bought flat without disposing private property

606 Singapore citizens were allowed to buy a HDB flat while holding on to their private property, based on their circumstances, the Ministry of National Development said.

Continue Reading16 Feb 2015

MacPherson flats popular among BTO applicants

The hottest project offered in February's Build-To-Order exercise is likely to be MacPherson Spring, a new addition to the list of MacPherson properties in Singapore.

Continue Reading16 Feb 2015

Pasir Ris paved with cycling paths

Residents of Pasir Ris properties can now enjoy a total of 13.3 km of cycling paths, as part of LTA's plans to build intra-town cycling path in all HDB towns by 2030.

Continue Reading16 Feb 2015

OUE raked in $1.1 billion net profit in 2014

Singapore-listed OUE Limited recorded a net profit of $1.1 billion with OUE Twin Peaks, a District 9 property, contributing $38.3 million to its property development income.

Continue Reading16 Feb 2015

Phnom Penh to see 500% supply increase

The Cambodian capital Phnom Penh has been attracting more overseas property buyers and investors, and is predicted to see a more than 500% jump in condominium supply before the end of 2018.

Continue Reading16 Feb 2015