Singapore Property Market News

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CDL partners Blackstone, CIMB in Sentosa Cove investment platform

City Developments Limited has partnered with US investment giant Blackstone and Malaysia's CIMB Bank to invest in the company’s three Sentosa Cove properties in a transaction valued at $1.5 billion.

Continue Reading17 Dec 2014

Greenland to enter S'pore at a favourable time

Chinese developer Greenland Holding Group plans to carry out large-scale projects in Singapore, but it is still waiting for the perfect time to enter the market.

Continue Reading17 Dec 2014

529 properties up for auction in 2014

A total of 529 properties were put up for sale in the property auction market in 2014,and 30.1 percent of those were put up by mortgagees.

Continue Reading16 Dec 2014

4 most popular condos in November

Lake Life EC was the best seller last month with 533 units sold at a median price of $869 psf...

Continue Reading16 Dec 2014

Most S'poreans believe property prices will slide: survey

A significant number of Singaporeans and Permanent Residents (PRs) polled believe home prices will fall over the next six months.

Continue Reading16 Dec 2014

Punggol EC selling at $780 to $800 psf

E-applications for the last Executive Condominium in 2014 that does not require upgraders to pay the resale levy started on 12 December 2014.

Continue Reading16 Dec 2014

Eye on Mount Sophia: Home on the hill

Despite being close to the city, Mount Sophia offers residents some serenity and being perched up on a hill does not make homes there any less accessible in any way.

Continue Reading16 Dec 2014

S'pore eDevelopment sells more land parcels in US project

Catalist-listed Singapore eDevelopment (SeD) announced yesterday it has sold a further US$8.1 million (S$10.6 million) worth of subdivided residential lots in its US property project in recent weeks.

Continue Reading16 Dec 2014

GIC, Vatika to develop two residential projects in India

Singapore’s sovereign wealth fund GIC, through its affiliate, and Vatika Group have entered into a joint venture to develop two residential projects in Gurgaon, India.

Continue Reading15 Dec 2014

Spike in EC launches pushes up new home sales

Sales of new private homes rose to 1,267 units in November 2014, including ECs...

Continue Reading15 Dec 2014

43 cases of fallen windows from Jan to Nov

BCA has recorded 43 cases of fallen windows from HDB and private homes for the first eleven months of 2014.

Continue Reading15 Dec 2014

680 HDB blocks to get solar panels

The Housing Board plans to equip 680 HDB blocks and three of its commercial & industrial properties by end-2016 under its Solar Capability Building Programme.

Continue Reading15 Dec 2014

Chinese firms keen on Singapore-KL rail project

A consortium of Chinese rail companies has eyes on the upcoming high-speed rail (HSR) project which will connect Singapore and Kuala Lumpur.

Continue Reading15 Dec 2014

Mixed-use development on Sophia Road up for collective sale

Mixed-use development Peace Centre and Peace Mansion on Sophia Road has been put up for collective sale by tender at an indicative price of S$680 million.

Continue Reading15 Dec 2014

Several major projects in Iskandar to start next year

Iskandar's principal developer UEM Sunrise is set to work at a breakneck pace in Johor next year due to the start of several catalytic projects in Nusajaya, including the groundbreaking ceremony of Motorsports City in Gerbang Nusajaya.

Continue Reading15 Dec 2014

BCA to relocate to Jurong East

The Building and Construction Authority (BCA) is moving from the Ministry of National Development (MND) Complex at Maxwell Road to Jem in Jurong East.

Continue Reading15 Dec 2014

Private home prices down almost 5% in 2014

Prices of private properties in Singapore fell by 4.79 percent during the first nine months of 2014, compared to an annual increase of 2.1 percent in the same period last year.

Continue Reading12 Dec 2014

81% of Popular's Balestier condo unsold

In a statement, the group said there are still 21 unsold units in Ei8ht Raja as at 31 October 2014, and only five units were sold since obtaining the Temporary Occupation Permit in May 2013.

Continue Reading12 Dec 2014

Geylang lodgings a lucrative business

Despite being shabby, walk-up apartments in Geylang have turned into a lucrative source of income for property agents, who use them to house foreign workers.

Continue Reading12 Dec 2014

Christmas patio outside HDB flat to remain

A resident of Toa Payoh will get to keep the Christmas decorations he installed outside his ground floor HDB flat thanks to the help from his MP

Continue Reading12 Dec 2014