Singapore Property Market News

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Song family acquires Holland Park GCB for $30 million

The Song family, which controls Nanshan Group Singapore, has purchased a new Good Class Bungalow (GCB) in Holland Park from Frasers Centrepoint for $30 million.

Continue Reading26 Nov 2014

Sengkang, Tampines bus interchanges to be expanded

The Sengkang and Tampines Bus Interchanges will be expanded to add parking bays for another 12 buses each, and both interchanges will still operate as usual while undergoing expansion works.

Continue Reading26 Nov 2014

T House awarded for creative design

The ninth President's Design Award honoured three designers, and 11 design projects and products for their design excellence and creative innovation in Singapore.

Continue Reading26 Nov 2014

S'pore reiterates concerns over Johor Strait reclamation projects

Minister for the Environment and Water Resources Vivian Balakrishnan restated the city-state's request to suspend the reclamation projects until Singapore has established these projects would not have any transboundary impact on Singapore.

Continue Reading26 Nov 2014

HDB debuts housing project in Tampines North

HDB has released 7,568 flats for sale under the November 2014 Build-To-Order (BTO) cum Sale of Balance Flats (SBF) exercise.

Continue Reading25 Nov 2014

Collective sale for Derby Court

The 12-storey Derby Court development in Novena is being marketed for a collective sale with an indicative price of $68.2 million.

Continue Reading25 Nov 2014

Prices of 2 Sentosa condos reduced by $1,000 psf

Two apartments at Turquoise, a luxury condominium in Sentosa Cove, have entered the market at low prices that could result in losses of nearly $3 million each.

Continue Reading25 Nov 2014

S'pore economy to grow by 3% in 2014: MTI

Singapore's economy is expected to grow by around three per cent in 2014, the Ministry of Trade and Industry (MTI) said today.

Continue Reading25 Nov 2014

Crowdfunding company delivers S$120,000

Possible regulations will "add to the credibility and vibrancy of the crowdfunding movement", according to the founder of one Southeast Asia company that has paid out more than $120,000 in the last 16 months.

Continue Reading25 Nov 2014

S'pore developers to benefit from China's interest rate cuts

China's unexpected interest rate cuts could benefit Singapore developers there as the People's Bank of China (PBOC) lowered is benchmark lending rate by 40 base point last Friday.

Continue Reading25 Nov 2014

Waterfront living for S$3,000

A new website is promoting waterfront living for just S$3,000 but all is not what it seems.

Continue Reading25 Nov 2014

Anti-foreign buying sentiment grows in Australia

More than 31,000 people have signed a petition calling on the Australian government to toughen regulations for overseas property buyers.

Continue Reading25 Nov 2014

EcoHouse: 8 months under investigation

Brazilian social housing developer EcoHouse, which has anywhere between 700 and 2,000 Singapore investors, has been reportedly under investigtion for eight months by tax authorities in the South American country.

Continue Reading25 Nov 2014

S'pore no longer second most inspiring city

Singapore took a tumble on the list of 50 Most Inspiring Cities in the World, down from number two last year to number 21 this year.

Continue Reading24 Nov 2014

More repossessed homes up for auction

Singapore's weak property market saw the number of homes put on auction by banks increase significantly.

Continue Reading24 Nov 2014

31% of private home in Q3 sold for less than $1 million

Only 777 non-landed units were sold below $1 million in Q3 2014, mainly located in suburban areas, dropping from the 41 percent of non-landed units transacted below $1 million in Q2.

Continue Reading24 Nov 2014

Eye on Geylang: Defying reputation

Geylang is fast transforming into a favourable city fringe area as it continues to attract developers, homebuyers and investors.

Continue Reading24 Nov 2014

Debt restructuring programme in the works

Credit Counselling Singapore plans to collaborate with the Moneylenders Association to create a debt restructuring programme for those who borrow from licensed moneylenders.

Continue Reading24 Nov 2014

Sentosa to study possible revamp

Sentosa is expected to undergo major redevelopment plans over the next five years, but the residential enclave will not be affected.

Continue Reading24 Nov 2014

City-state is 4th best place to work

Singapore has been ranked as the fourth best city in the world to work by global business talent in a survey conducted by Insead, the world's largest graduate business school.

Continue Reading21 Nov 2014