Singapore Property Market News

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URA launches second Paya Lebar Central land parcel

The 3.9 ha mixed-use site at Paya Lebar Road / Sims Avenue can generate about 1.77 million sq ft of gross floor area for office, retail and residential uses.

Continue Reading28 Oct 2014

JLL reshuffles Singapore Capital Markets team

JLL Singapore Capital Markets business will see some senior director changes as of 1 November 2014.

Continue Reading28 Oct 2014

Building awareness for Lease Buyback Scheme a challenge

Queries on the Lease Buyback Scheme almost tripled to 500 three weeks after changes to the scheme were announced on 3 September.

Continue Reading28 Oct 2014

Bangkok: Back to normal

Average launch prices for condominiums in Bangkok's CBD rose 12.2 percent in the three months immediately after the coup.

Continue Reading28 Oct 2014

Grab a slice of Madonna’s interior design

Madonna’s interior designer, Nicola Fontanella has brought her renowned flair, glamour to nine luxurious apartments at London's Dover House.

Continue Reading28 Oct 2014

Vietnam mulls foreign buying - again

In a move to bring ownership laws in line with other countries ahead of AEC 2015, Vietnam is mulling changes to its property laws.

Continue Reading28 Oct 2014

African buyers look to London

Although small in number, buyers from Africa are increasing their interest in London properties priced above £5 million, according to new research.

Continue Reading28 Oct 2014

Philippine developer taps Ascott for Ortigas project

Philippine-based CDC Holdings has appointed Singapore’s The Ascott Limited to manage its 280 serviced apartments at a recently launched project, according to media reports. Known as CDC Millennium Ortigas, the 31-story mixed-use development comprises commercial space, residential units and...

Continue Reading27 Oct 2014

HDB resale volume to hit 10-year low this year, report

HDB resale volume is expected to hit to a 10-year low this year at around 16,500 to 17,000 units, while resale prices are expected to drop by as much as seven percent, according to PropNex and reported in the media. HDB resale prices will continue to be affected by a looming flood of new homes...

Continue Reading27 Oct 2014

Oversupply among potential risks in the next six months

65.6 percent of the respondents surveyed in the Real Estate Sentiment Index (RESI) in Q3 2014 indicated the property market will face excess supply from new launches.

Continue Reading27 Oct 2014

S'pore's biggest condo turns into a musical instrument

Residents of d'Leedon celebrated the completion of the eight-hectare project by witnessing a world record-setting feat on Saturday.

Continue Reading27 Oct 2014

Rents of luxury units declining: report

The average monthly gross rents of luxury/super-luxury apartment could decline by about 5 percent for the whole of 2014.

Continue Reading27 Oct 2014

HSR project to benefit both countries

The Kuala Lumpur-Singapore high-speed rail (HSR) project should not be viewed as a mere transportation upgrade, but as a project that would benefit both Malaysia and Singapore...

Continue Reading24 Oct 2014

Private home prices fall for fourth straight quarter

Prices of private housing units fell by 0.7 percent in Q3 2014, following a 1.0 percent drop in the previous quarter, according to URA data...

Continue Reading24 Oct 2014

HDB resale prices see further declines

Prices of HDB resale flats fell by 1.7 percent in Q3 2014 after declining by 1.4 percent in the quarter before...

Continue Reading24 Oct 2014

More senior executives leaving CapitaLand

Deputy CEO of CapitaMalls Asia Simon Ho, and CEO of CapitaMalls Malaysia REIT Management Sharon Lim will be resigning.

Continue Reading24 Oct 2014

Cairnhill Mansions gives en bloc another go

The ageing Cairnhill Mansions near Goodwood Park Hotel in District 9 is expected to make its fourth attempt at an en bloc sale.

Continue Reading24 Oct 2014

Property buying advice at free seminar

Singapore property market outlook at The Tembusu showflat...

Continue Reading24 Oct 2014

Eye on Marine Parade: Reclaimed Glory

Just over 40 years ago, it would have been rather hard to imagine Marine Parade's mere existence. Built entirely on reclaimed land in the 1970s, Marine Parade was developed covering 50 hectares to house over 7,000 units of flats.

Continue Reading24 Oct 2014

High-Speed Rail may start construction next year

The High-Speed Rail (HSR) link between Kuala Lumpur and Singapore is expected begin construction in Q3 2015 and details will be finalised at a meeting between the two governments early next year.

Continue Reading23 Oct 2014