Singapore Property Market News

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South Africa’s priciest mansion for sale

With a price tag of €25 million, it's said that Enigma Mansion is the most expensive property to be marketed in South Africa.

Continue Reading29 Nov 2014

Darwin set for mid-2015 bounce

One Darwin real estate agent has said the Darwin property market is very close to the bottom of the current cycle.

Continue Reading29 Nov 2014

Minor rise in Aussie new home sales

Following flat results in September, total seasonally adjusted new home sales across Austraia increased by 3" during October 2014.

Continue Reading29 Nov 2014

UOL Group to open new mall in Paya Lebar

The largest mall in the Paya Lebar precinct, OneKM (pictured) will open its doors tomorrow, Sunday (30 November), UOL Group said in a statement to the media. According to the group, the official opening will be attended by Member of Parliament for Marine Parade GRC, Assoc. Prof. Fatimah...

Continue Reading29 Nov 2014

Asset Legend wins tender for Kovan site

Asset Legend Limited has been awarded with the tender for the residential with 1st storey commercial site at Upper Serangoon Road.

Continue Reading28 Nov 2014

S'pore Art Fair features art from Middle East, North Africa, Southeast Asia

The inaugural Singapore Art Fair is happening from 27 to 30 November 2014 at the Suntec Singapore Convention & Exhibition, featuring about 60 international galleries.

Continue Reading28 Nov 2014

S'poreans bought less foreign properties in H1: MAS

Singaporeans' appetite for overseas properties appears to have diminished due to the weakening local economy and a possible interest rate hike in the future.

Continue Reading28 Nov 2014

Rental yield for shoebox units in suburbs reasonably high

Property analysts caution that landlords may not get the kind of rental income they expect in the near future, considering that the Urban Redevelopment Authority (URA) predicts around 11,000 shoebox units by end-2015.

Continue Reading28 Nov 2014

Upper Serangoon Road site received 11 bids

The tender for a residential with first-storey commercial site at Upper Serangoon Road received 11 bids yesterday, with Asset Legend Limited submitting the highest bid of $276.8 million.

Continue Reading28 Nov 2014

Private property prices remain high: MAS

Private property prices in Singapore have moderated but remain at an elevated level, according to Monetary Authority of Singapore (MAS)'s Financial Stability Review 2014.

Continue Reading28 Nov 2014

S'pore's growth outlook in 2015 remains modest: MTI

The Ministry of Trade and Industry (MTI) said it expects the Singapore economy to grow by two to four percent in 2015.

Continue Reading28 Nov 2014

Foreigners can buy Aussie resale

For the first time non-Australians are legally able to buy in the resale market in Australia, thanks to a legally-patented method developed by one of the country's leading barristers.

Continue Reading28 Nov 2014

The best performing property asset in the United Kingdom

Over the past two years there has been a huge surge in student housing investment activity in the United Kingdom, and student accommodation is certainly big business right now. Last year alone saw more than £2 billion of investment from U.K. and overseas investors in this booming property sector....

Continue Reading28 Nov 2014

Vietnam to allow foreign ownership

From July 1 next year, foreigners with a visa for Vietnam will be able to purchase property, making a significant change in foreign ownership rules in the country.

Continue Reading27 Nov 2014

Domain Group, PropertyGuru form strategic partnership

Australia's Domain Group and Southeast Asia's PropertyGuru Group have signed a strategic agreement that will connect property investors in Southeast Asia interested in the Australian residential and commercial property markets.

Continue Reading27 Nov 2014

2014 "most dismal year since 2008"

As 2014 nears its end, developers are likely to time the launch of their projects to avoid the year-end lull period.

Continue Reading27 Nov 2014

Vacancy may rise to 10%; govt should intervene: REDAS

Vacancy rate of private homes could reach up to 10 percent due to the upcoming supply of 68,000 new units over the next few years, according to Chia Boon Kuah, President of the Real Estate Developers' Association of Singapore (REDAS).

Continue Reading27 Nov 2014

City Developments saves $21 million

City Developments Limited's sustainability efforts saw the property developer reap a total savings of US$16 million (S$21 million) in energy consumption from 2008 to 2011.

Continue Reading27 Nov 2014

Managing your mortgage can save money

Mortgage rates around the world vary considerably, and buyers are advised to look for ways to manage risk through a reliable regular payment programme, and look at forward purchasing currency when rates are favourable.

Continue Reading27 Nov 2014

16,900 new flats expected in 2015

HDB plans to launch a total of 16,900 new flats next year, spread across four quarterly BTO exercises, including 4,000 two-room flats.

Continue Reading26 Nov 2014