Record price smashed in Byron Bay
An off-plan record price of AUD$5 million has been achieved for a four-bedroom penthouse in Byron Bay, Australia.
Continue Reading • 10 Sept 2014
Airport boost for Dubai property
Dubai's real estate sector in Dubai is expected to benefit significantly from the development of the Al Maktoum International Airport.
Continue Reading • 10 Sept 2014
One in four London landlords are losing money
Some 27 percent of landlords with one London property are breaking even at best, or actually losing money according to new research.
Continue Reading • 10 Sept 2014
Lease Buyback Scheme will not leave owners homeless: MND
The Ministry of National Development (MND) has assured homeowners who outlive the lease for the Lease Buyback Scheme (LBS) will not be left homeless.
Continue Reading • 9 Sept 2014
MND reveals recent BTO flat prices
In a written answer to a query in Parliament yesterday, the Ministry of National Development (MND) revealed the average selling prices of BTO flats offered recently in the non-mature estates range from around $110,000 to $386,000.
Continue Reading • 9 Sept 2014
Govt urged to have more dialogue with developers
More dialogue between the government and developers should be conducted as the slowing demand for property could damage the wider economy.
Continue Reading • 9 Sept 2014
Potong Pasir has come a long way: PM Lee
Prime Minister Lee Hsien Loong said Potong Pasir has come a long way since its early days as a sand quarry...
Continue Reading • 9 Sept 2014
Buying Bangkok on the cheap
If you know where to look and do your research you can rent a decent place in the centre of the Thai capital for little more than S$200 per month - the same cost as one night in a four-star hotel.
Continue Reading • 9 Sept 2014
LTA chief redeployed as MND Permanent Secretary
The Land Transport Authority’s (LTA) Chief Executive, Chew Hock Yong, will be appointed Second Permanent Secretary, Ministry of National Development...
Continue Reading • 9 Sept 2014
No decline in love for London
Double-digit sales at last weekend's London property exhibitions in Singapore is evidence there is no decline in interest in investing in the U.K. capital city.
Continue Reading • 9 Sept 2014
Carlow House looks to Asia
Exhibitions in Singapore and Hong Kong will target Asian buyers for Galliard Homes' latest London development,
Continue Reading • 9 Sept 2014
Penrith attracts investors
More investors are being attracted to the Australian city of Penrith, where prices have grown 13.5% in just 12 months.
Continue Reading • 9 Sept 2014
520 complaints on illegal rental of private homes
The Urban Redevelopment Authority (URA) has received about 520 complaints since 2013 on the alleged rental of individual strata-titled private residential properties for less than six months. The Ministry of National Development (MND) revealed this at today’s parliament session, and said URA...
Continue Reading • 8 Sept 2014
More launches expected in coming months
Developers are expected to launch more private residential projects in September and October.
Continue Reading • 8 Sept 2014
Developers will have to diversify out of Singapore
Singapore's residential property developers are urged to diversify out of the local property market given its increasingly tight conditions.
Continue Reading • 8 Sept 2014
Ground broken for Lentor, Mayflower MRT stations
Construction work has begun on two new MRT stations on the $24 billion Thomson-East Coast Line (TEL)...
Continue Reading • 8 Sept 2014
Low tender prices may lead to cost overruns
SCAL President Dr Ho Nyok Yong encouraged its members to be vigilant when it comes to tendering new projects.
Continue Reading • 8 Sept 2014
CEA wants feedback from salespersons
The Council for Estate Agencies (CEA) has been conducting focus group discussions with salespersons to gather their views for developing guidelines and policies.
Continue Reading • 8 Sept 2014
Volatility if Scotland goes it alone
Both Moody's and Standard & Poor have reported that an independent Scotland will be given an A grade rating, two notches below the UK's current AA1 rating which means that borrowing costs for a new government will be higher.
Continue Reading • 8 Sept 2014
GCB prices still soaring amid fewer sales
Prices of good class bungalows (GCBs), considered the most expensive homes in Singapore, grew 6.7 percent to average $1,488 psf in H1 2014...
Continue Reading • 8 Sept 2014