Singapore Property Market News

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Softer fall in landed home prices

Due to tight supply of landed homes, this segment could see a smaller price drop compared to overall private housing market, according to media reports quoting property experts. Landed home prices could dip two to six percent this year, while the private property market is expected to fall by...

Continue Reading14 May 2014

At Home with pop princess Kylie

Pop princess Kylie Minogue has created more stunning looks for the bedroom this summer with her latest "At Home" Collection. Soft satins have been chosen for each design in a colour palette that exudes luxury and sophistication. Embellished with pearls, crystals, diamantes and...

Continue Reading14 May 2014

Fewer Asia buyers in London's midtown

In its latest research on the London Midtown Residential Property Market, real estate firm CBRE has reported a 19 percent increase in price per sq ft from Q1 2013, with 63 percent of new build property purchased by domestic buyers across the area.As U.K. buyers continued to invest in the...

Continue Reading14 May 2014

Thailand buyers look to Krabi

EXCLUSIVE: The political chaos that has rocked Bangkok has turned out to be a benefit for places like Krabi in southern Thailand.The Centara Pelican Bay Residence and Suites, which showcased its investment to potential buyers and investors in Singapore last weekend, has yet to see any...

Continue Reading14 May 2014

Waterfront@Faber to ignite West Coast estate

The Waterfront@Faber condominium project could kickstart the sleepy property market at West Coast’s Faber Heights estate, a community mostly dominated by pricey landed homes, according to media reports quoting experts.Consisting of 199 units and 11 strata homes, the 99-year leasehold...

Continue Reading12 May 2014

1 in 3 home buyers do not understand TDSR: survey

A recent survey by UOB showed that one out of three home buyers are still not familiar with the new total debt servicing ratio (TDSR) framework.The survey, as reported in the media, revealed the top two uncertainties of home buyers regarding the TDSR framework are how it applies to their personal...

Continue Reading12 May 2014

Sydney resi conversions to balance office markets

Residential conversions will keep Sydney’s key office markets balanced, providing somewhat of a counterbalance to weak occupier demand according to new research from CBRE Australia.The ViewPoint report highlights the overall outlook for the Sydney CBD and North Shore office markets is more...

Continue Reading12 May 2014

Challenging times for investments

Singapore’s property investment market looks set for even more quieter times ahead, according to Savills’ Sales and Investment Briefing May 2014 report, published on Friday.Between January and March 2014, the firm noted that investment sales in Singapore reached S$3.94 billion. In...

Continue Reading12 May 2014

No drop in UK interest from S'pore

EXCLUSIVE INTERVIEW: Robert Fraser is no stranger to Singapore. The Managing Director of Fraser & Co (pictured) has been coming here since 1995 and has a well-established list of clients who turn to him and his colleagues for advice about all aspects of the London property market.The...

Continue Reading12 May 2014

Winners revealed from Asia-Pacific Property Awards 2014

Winners from across Asia-Pacific were rewarded at Friday night’s prestigious Asia Pacific Property Awards which took place in Kuala Lumpur, Malaysia.Property developers, architects, interior designers and real estate agents were amongst the winners, who received the highly-prized awards...

Continue Reading12 May 2014

Super selection of international investments this weekend

Singapore property buyers and investors are again out in force at PropertyGuru’s latest International Investment Show property exhibition, happening today (Saturday) and tomorrow at Mandarin Oriental, Level 5 Garden Suite, Raffles Avenue in Singapore.Properties from Thailand are well...

Continue Reading10 May 2014

Koh Brothers' property division boosts profit

Koh Brothers Group’s net profit increased 45 percent to $4.7 million in 1Q 2014, from $3.3 million in 1Q 2013, mainly due to higher profit contributed by its real estate division. Francis Koh, Managing Director and Group CEO of Koh Brothers, said, "The group’s ability to achieve...

Continue Reading9 May 2014

Property giants to join LPS Beijing

The biggest names in the industry, along with affluent Chinese buyers, will once again gather at China’s most prestigious invitation-only luxury property show (LPS), which will be held at the five-star Legendale Hotel Beijing on 16 to 18 May.A highly anticipated event, LPS Beijing will see...

Continue Reading9 May 2014

Commonwealth Towers' location attracts strong sales

The 845-unit Commonwealth Towers in District 3 continues to see brisk sales since its first day of launch on 1 May, where an additional 100 units were released on top of the initial 300 due to strong demand. As of 7 May, more than 65 percent of the 400 units have been sold. The most popular units...

Continue Reading9 May 2014

International Investment Show back this weekend

PropertyGuru’s International Investment Show is back for the second time this weekend (10 to 11 May) at Mandarin Oriental hotel from 11am to 7pm daily.The event will showcase premier developments from around the world including the Canada, USA, London, Thailand and the Philippines.The show...

Continue Reading9 May 2014

Serangoon North HUDC estate privatised

The Serangoon North HUDC Estate will be converted into a strata-titled property under the Land Titles (Strata) Act as of today.In a statement, HDB said homeowners there now own their respective units, as well as the common property such as car parks and open landscaped areas, and the...

Continue Reading8 May 2014

Thai PM Out: What it means for the property sector

Yesterday’s removal of Thailand’s Prime Minister Yingluck Shinawatra in a ruling by the country’s Constitutional Council for what is described as “abuse of power.”Yingluck was Thailand’s first female Prime Minister and came to power on August 5, 2011. She...

Continue Reading8 May 2014

The Panorama to relaunch on Sunday

Wheelock Properties will relaunch The Panorama in Ang Mo Kio on Sunday (11 May) with prices up to 10 percent lower than the initially released units, according to estate agents in the media. Balloting will be held on the same day and a one-bedder could be priced from $565,000, while the two- to...

Continue Reading8 May 2014

GRESB continues sustainability survey

GRESB, an organisation assessing the sustainability performance of real estate portfolios around the world including Singapore, is currently collecting sustainability data from property companies and private funds.To help participants benchmark their organisations’ sustainability...

Continue Reading8 May 2014

Property auctions market sees positive start to the year

More property owners are turning to the auction market as an alternative mode to increase their chances of selling off their properties amid a slowdown in resale activity, revealed a Knight Frank report.In Q1 2014, the number of properties put up for auction increased by 13.4 percent on a...

Continue Reading8 May 2014