Singapore Property Market News

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CDL appoints new Chief Marketing Officer

Formerly from Far East Organization, Mark Yip (pictured) joins City Developments Limited (CDL) as its Chief Marketing Officer with effect from today. He will chart and lead CDL’s strategy and initiatives for marketing, sales and leasing. Yip spent about seven years at Far East...

Continue Reading9 Jun 2014

The facts about Japan investments

Singapore investment in Japanese real estate has been growing over recent years, as evidenced by the growing number of Tokyo property exhibitions in the city-state.Now new research from Orange Tee has examined the trend, and questioned whether now is the right time to invest in the country?In its...

Continue Reading9 Jun 2014

Malaysia in the Singapore spotlight

Singaporean property buyers and investors were out in force on Saturday, attending the first day of what is the biggest Malaysia Property Show to ever take place in the city-state.The event at Marina Bay Sands, Level 3, features more than 20 property developments from across Malaysia, and for the...

Continue Reading7 Jun 2014

Singapore market overpriced

Singapore and Hong Kong are both witnessing overpriced property markets, and this has resulted in one investment management firm steering clear of property investments in both Asian cities.In an interview with Asia Investor Mark Gabbay, co-Chief Executive for Asia-Pacific at LaSalle Investment...

Continue Reading7 Jun 2014

Singapore buyers top in Dublin, 2nd in Paris

Singapore-based buyers are the leading overseas buyers of luxury residential property in Dublin. Ireland, and are ranked second in the French capital, Paris.These facts are revealed by Knight Frank in its European Cities Review research report, which also notes that Singapore buyers are the third...

Continue Reading7 Jun 2014

Vote now for MIPIM Asia awards

Voting for the 8th edition of the MIPIM Asia Awards is now open, offering developers the chance to received one of the most distinguished forms of recognition in the industry.Rewarding the most outstanding real estate projects in Asia-Pacific, the MIPIM Asia Awards this year features a total of...

Continue Reading7 Jun 2014

Buyer's market at property auctions

The JLL auction on 29 May saw a B1 factory unit sold at $1.55 million. The unit on the fifth storey at the Vertex in Ubi was the only property sold at the auction among a list of six properties.Properties left unsold at the auction includes a three-storey corner terrace on Eng Kong Drive and a...

Continue Reading6 Jun 2014

Be responsible for your windows: authorities

There were 27 cases of fallen windows from January to May 2014, according to Building and Construction Authority’s (BCA) records. Last year, there were 43 cases, while 2012 recorded a high of 71 cases.  The number of cases since 2000 are usually double-digit figures but over 100...

Continue Reading6 Jun 2014

URA gazettes Master Plan 2014

The Master Plan 2014, which guides the physical development of Singapore for the medium term, has been gazetted today.  This concludes the year-long review of the Draft Master Plan 2013, which involved consultations with Members of Parliament (MPs), grassroots leaders, professional...

Continue Reading6 Jun 2014

The Bridge's SOHO units warmly received

The launch of the SOHO (Small office, Home office) component of The Bridge condominium project was warmly received, with 11 percent of the units sold during the first two hours of sales, said media reports.The condominium project, a joint venture between Singapore’s Oxley Holdings and...

Continue Reading6 Jun 2014

Next big thing in Singapore property

Catch a glimpse into the future development of Singapore. That’s what an upcoming public enrichment seminar jointly organised by property agency ERA and the RIA School of Real Estate promises to do. Taking place this Sunday (8 June) from 2:30 to 4:30pm at the Hersing Hub Auditorium in Toa...

Continue Reading6 Jun 2014

Biggest Malaysia show at MBS

Demand for Malaysian property investments from Singapore-based buyers has never been stronger, with the country accounting for more than half of all overseas property purchases from Singapore last year.Building on that popularity, this weekend will see the largest ever Malaysia Property Show to...

Continue Reading6 Jun 2014

Vote now for industry excellence

Finalists for this year’s Real Estate Investment World (REIW) Awards for Excellence have been announced, and votes are now being sought to decide the winners.Held alongside the REIW Asia 2014 conference, the awards honour leading industry organisations for their ability to demonstrate...

Continue Reading6 Jun 2014

China buyers in London to overtake Singaporeans by 2016

Investment in London property from China has increased by more than 1,500 percent since 2010, with London property buyers from the mainland predicted to overtake those from Singapore within two years. Chinese buyers account for 27 percent of new London homes and 17 percent of the total value of...

Continue Reading6 Jun 2014

Thailand interest on the rise

Overseas interest in Thailand property surged during May despite the imposition of martial law and the subsequent coup.In its monthly Top of the Props report, property searches for Thailand property on TheMoveChannel.com - a U.K.-based overseas property website – increased substantially and...

Continue Reading6 Jun 2014

CapitaMalls Asia nearing privatisation

CapitaLand has applied to the Singapore Exchange (SGX) to delist CapitaMalls Asia (CMA), as it now holds more than 90 percent of CMA's issued shares.CMA shares will be suspended from trading after the close of the offer on 9 June 2014.Lim Ming Yan, President and Group CEO of CapitaLand Limited,...

Continue Reading5 Jun 2014

High-net worth Chinese snap up luxury properties

The Luxury Property Show (LPS) Beijing 2014 saw an estimated US$90 million worth of lavish properties sold over three days. Over 4,700 highly-affluent individuals from Beijing and Northern China attended the invitation-only event on 16 to 18 May in China’s capital city. Luxury properties...

Continue Reading5 Jun 2014

Heritage experts: Save these sites from redevelopment

Heritage experts and architects have identified 45 structures in Singapore that are worthy of conservation and considered “sacred”, according to media reports.Among them are Newton Food Centre, Hong Lim Park fountain and the Shuang Long Shan Ancestral Hall, a Hakka memorial hall from...

Continue Reading5 Jun 2014

Singapore looks beyond borders for homes, lower business cost

Singapore retains its position as one of the world’s leading cities with the help of its neighbours namely, the Malaysian state of Johor and Indonesia’s Riau Islands, which provide cheaper access to property and labour, according to media reports.For instance, a two-story home with...

Continue Reading5 Jun 2014

Chief Minister to visit biggest Malaysia show in Singapore

The Chief Minister of Penang, Lim Guan Eng, will be in Singapore this weekend for what will be the biggest Malaysia Property Show to take place in the city-state.The exhibition will feature more than 20 property developments from throughout Malaysia, and for the first time will include a...

Continue Reading5 Jun 2014