Singapore Property Market News

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Slowing economy may bring more bad debt

More bad debts are expected to show up if Singapore's economy continues to slow, according to DBS Group Holdings CEO Piyush Gupta, who also said pressure on the Singapore property sector is also expected to continue.

Continue Reading11 Feb 2015

New test bed launched to push S'pore's Smart Nation vision

Commercial enterprises and public agencies can soon create and test-bed smart city innovations, which may leave an impact on some Singapore properties in the long haul.

Continue Reading11 Feb 2015

Dubai is bouncing back

Average residential rents in Dubai continued to increase during Q4 2014 with average market rents increasing by around 3 percent quarter-on-quarter, and roughly 17 percent from the same period last year

Continue Reading11 Feb 2015

The rush for black gold

North Dakota's situation improved in 2014 thanks to the expansion of the state's property stock by developers like NDD Group, and the arrival of overseas property investors from around the world.

Continue Reading11 Feb 2015

URA releases residential site in Farrer Park

The Urban Redevelopment Authority has released a residential site at Sturdee Road for sale today under the Confirmed List of H1 2015 Government Land Sales programme, adding to the list of Farrer Park properties.

Continue Reading10 Feb 2015

KOP Limited bounces back with $39.2 million net profit

KOP Limited's profit after tax rose to $39.2 million in Q3 2015, largely contributed from the gain realized on divesting the entire 39.9 percent stake a Singapore property following the redemption of the 2013 junior notes.

Continue Reading10 Feb 2015

Hiap Hoe releases profit guidance amid expected loss in Q4

Hiap Hoe Limited has released a profit guidance in view of an anticipated loss for Q4 2014 due to qualifying certificate extension charges for a Singapore property, and agent sales commissions for an overseas property.

Continue Reading10 Feb 2015

Tanjong Pagar Railway Station to open during public holidays

One of the most prominent Tanjong Pagar properties will be accessible on public holidays, starting 20 February 2015.

Continue Reading10 Feb 2015

Asian cities lack sustainability

Asian cities trail their European counterparts when it comes to sustainability in the inaugural ARCADIS Sustainable Cities Index published this week,

Continue Reading10 Feb 2015

Aussie prices up 7.9% in 2014

Combined Australian capital city home values rose by 7.9 percent during 2014, research has discovered.

Continue Reading10 Feb 2015

Housing affordability ranks low on satisfaction scorecard

Only slightly more than half of Singaporeans are satisfied with affordability of housing in Singapore last year, according to the Blackbox Policy Satisfaction Index, indicating the current sentiment on the price of Singapore property.

Continue Reading9 Feb 2015

16 condo units sold in bulk deal for around $75m

The psf price works out to $1,700 which includes a significant discount...

Continue Reading9 Feb 2015

Sengkang site tender may heat up competition in EC market

The EC site fetches lowest price since 2011...

Continue Reading9 Feb 2015

HK$5.1 billion sale breaks record

Real estate agency Savills has sold the most expensive residential property in the history of Hong Kong, with the HK$5.1 billion sale of 75 Peak Road.

Continue Reading9 Feb 2015

Rate cut good news for investors

Last week’s decision by the Australian Reserve Bank to trim interest rates by 25 basis points will provide some incentives for first homebuyers and investors in regional Australia, according to one real estate group.

Continue Reading9 Feb 2015

60 agents receive $1.63 million under reward scheme

Ascendas has rewarded 60 real estate agents with a record payout of about S$1.63 million under the Ascendas Partner Rewards programme last week. This is the highest payout since the programme started in 2005. The first-of-its-kind rewards programme in Singapore’s real estate industry saw a...

Continue Reading6 Feb 2015

URA to further explore utilising underground space

The Urban Redevelopment Authority is looking for more opportunities to develop underground space, URA's Chief Planner and Deputy CEO Lim Eng Hwee said in a media interview.

Continue Reading6 Feb 2015

HDB awards EC site to Sim Lian Land

HDB has awarded the tender for a land parcel at Anchorvale Crescent to Sim Lian Land after it submitted the top bid of $157.8 million, which will add to the growing list of Sengkang properties.

Continue Reading6 Feb 2015

REDAS announces new president

The new REDAS president looks forward to a strong partnership with the government to build a stable and healthy Singapore property market.

Continue Reading6 Feb 2015

Sakae Holdings venturing into asset management

Sakae Holdings is looking at establishing an asset management business, given the progress in its corporate advisory business, as it gives Sakae access to companies with significant growth and promising strength.

Continue Reading6 Feb 2015