Singapore Property Market News

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HDB piloting two new lift solutions

HDB is looking at two possible solutions, the Pneumatic Vacuum Elevator and Vertical Platform Lift, to provide direct lift access to more households.

Continue Reading8 Oct 2014

Is Lake Life the most popular EC in recent years?

Some property watchers are predicting that Lake Life could become the most over-subscribed executive condominium (EC) in 2014,...

Continue Reading8 Oct 2014

JLL wins award for hotel transaction

JLL was awarded ‘Cross-border Investment Deal of the Year’ at the inaugural AsiaProperty Awards this year.

Continue Reading8 Oct 2014

Prices plummet in Prime London

Tightening mortgage credit and an increase in supply are some key factors in this price drop in the U.K. capital's most expensive property markets.

Continue Reading8 Oct 2014

Sunrail boost for Florida property

The Sunrail commuter rail system is already having a positive impact on the property sector in Florida, according to one agent.

Continue Reading8 Oct 2014

Rare terrace house in Somerset up for auction

The two-storey freehold intermediate terrace house, which includes an attic, sits on a 1,405 sq ft site and is currently tenanted.

Continue Reading7 Oct 2014

Over 1200 applications for Lake Life

The 546-unit Lake Life executive condominium (EC) in Jurong Lake District attracted more than 1,200 e-applications over the long weekend,...

Continue Reading7 Oct 2014

Buyer profile impacts narrowing price gap

The price gaps for secondary private residential market in Core Central Region versus the Rest of Central Region and Outside Central Region have been narrowing since the market softened.

Continue Reading7 Oct 2014

Resale volumes of private condos down in Q2

Resale volumes of private condominiums in Singapore plunged to levels last seen during the Global Financial Crisis.

Continue Reading7 Oct 2014

8 fascinating facts about Jurong Lake District

The overwhelming response for Lake Life EC has put the spotlight on one of the hottest addresses in Singapore,...

Continue Reading7 Oct 2014

URA confers conservation awards

Three restored projects were awarded the URA Architectural Heritage Awards this year.

Continue Reading7 Oct 2014

Marina One Residences to launch next weekend

Developer M+S plans to release 150 to 200 units which will be priced from $1,960 to $3,100 psf.

Continue Reading3 Oct 2014

Qingjian to develop Sembawang EC

HDB has awarded the Executive Condominium land parcel at Canberra Link to Qingjian Realty at the tender price of $229.4 million.

Continue Reading3 Oct 2014

Margin compression a threat among local developers

Margin compression is a real threat among property developers in Singapore as the government is unlikely to relax its property cooling measures anytime soon.

Continue Reading3 Oct 2014

Aspial sells The Hillford unit for $1.55 million

Aspial Corporation's subsidiary World Class Development (North) has sold a unit in The Hillford for $1.55 million, which includes a discount of $52,937.

Continue Reading3 Oct 2014

Smallest £1m UK home for sale

With a final price expected to exceed £1 million, this 31 sqm flat in London is likely the smallest million pound property for sale.

Continue Reading3 Oct 2014

No surge in application for smaller flats

September's Built-To-Order exercise did not see any surge in demand for two or three-room flats located in non-mature estates, even though existing flat owners buying these units can pay lower down payment.

Continue Reading2 Oct 2014

Potential sellers unlikely to lower price expectations

Many sellers are not in any urgent need to dispose their properties as many have already gained from earlier property trades, and some may even be still sitting on paper profits if they made their investments in the earlier up-cycle.

Continue Reading2 Oct 2014

TEE Land's net profit more than triples

Singapore-listed TEE Land Ltd’s profit after tax surged to $2.7 million in the first quarter ended 31 August 2014 (Q1 FY2015) from $0.6 million a year ago.

Continue Reading2 Oct 2014

CDL acquires rare prime freehold site in Japan

Currently the site houses a mansion which was allegedly the place where the Constitution of Japan was drafted.

Continue Reading2 Oct 2014