Singapore Property Market News

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EC launches to spur the market

The upcoming Executive Condominium (EC) launches are expected to revive the market given the absence of such projects for nearly one year.

Continue Reading17 Sept 2014

OCR units most sought after in August

Sales in the Outside Central Region (OCR) made the greatest contribution to new home sales in August,making up 51.6 percent.

Continue Reading17 Sept 2014

Sustainability of Highline Residences' demand uncertain

Given the popularity of Tiong Bahru as an estate, the positive response for 500-unit Highline Residences is not unexpected and a quarter of the units there were sold over the weekend.

Continue Reading17 Sept 2014

Fewer foreigners being hired, lowest since 2009

The number of jobs that went to foreigners fell to 3,800 in the second quarter of 2014, its lowest level since Q3 2009...

Continue Reading17 Sept 2014

Spike in UOB's housing non-performing loans

UOB saw a 34.2 percent quarter-on-quarter spike in its non-performing housing loans (NPL) in Q2 2014,

Continue Reading17 Sept 2014

UK student homes in the spotlight

Student accommodation in Livepool, Northwest England, will be showcased at an event in Singapore on Sunday.

Continue Reading17 Sept 2014

UK house prices continue to rise

Property prices in the United Kingdom rose by 12% in the year end July 2014, according to official government statistics.

Continue Reading17 Sept 2014

September sales expected to spike

The market is likely to experience more deals soon, as anticipated projects such as Highline Residences, Marina One, and 70 St Patrick's are expected to launch in September.

Continue Reading16 Sept 2014

Man fined $16,000 for unlicensed estate agency work

The CEA said Jordan Goh Swee Thye advertised a HDB flat in Henderson Road for rent on Gumtree, despite knowing the flat was a HDB rental flat; hence, subletting is not allowed.

Continue Reading16 Sept 2014

HDB upgrading schemes to have minimal impact

HDB's beefed up upgrading programmes will likely have little effect on resale prices given the sluggish residential market.

Continue Reading16 Sept 2014

China's rich still prefer to live in Singapore

A growing number of the world's super-rich are choosing to live in more than one country, with many of them parking their substantial wealth in overseas real estate,...

Continue Reading16 Sept 2014

Cost overrun led to $10.7 million loss

TEE International has announced yesterday it made a loss of $10.69 million, instead of a profit of $8.26 million as reported earlier.

Continue Reading16 Sept 2014

Drop in new private home sales

Developers sold 432 new private homes in the month of August 2014, according to fresh data from the Urban Redevelopment Authority (URA)...

Continue Reading15 Sept 2014

Highline Residences receives positive response

Over 80 percent of the first 160 units released were sold at an average price of $1,900 after taking into account a special preview discount, which ranged from $28,000 to $68,000.

Continue Reading15 Sept 2014

7% of high-end homes sold at a loss

A higher percentage of luxury condominiums in the secondary market were sold at a lost during the first eight months of the year, while those that made a profit were fewer.

Continue Reading15 Sept 2014

Urban design ideas to enhance liveability

The joint exhibition by FCL and SUTD highlights the importance of academic engagement and international knowhow to the planning of Singapore.

Continue Reading15 Sept 2014

Eye on Sengkang: Still room for more growth

For an estate which came into life in the late 1990s, Sengkang is one of Singapore's newest estates but it has been quickly growing out of its infancy.

Continue Reading15 Sept 2014

Chiwayland eyes regional expansion

Singapore-listed Chiwayland International Limited recorded a 8.6% decline in its gross profit margin in H1 2014.

Continue Reading15 Sept 2014

Colliers wins big at Euromoney Real Estate Awards 2014

Colliers International named Best Overall Advisor and Consultant for Asia for second consecutive year...

Continue Reading12 Sept 2014

Pockets of opportunities in Malaysia

Malaysia is gearing up for the introduction of a Goods and Services Tax (GST) at six percent in April 2015 which is expected to impact the country's housing market, said Knight Frank...

Continue Reading12 Sept 2014