Researchers withdraw earlier claim of “insider trading” during golf sessions
Following the Real Estate Developers’ Association of Singapore’s (REDAS) strong denial of the allegations of “insider trading” during golf sessions, the researchers have now removed their claims in an updated version of the paper.
Continue Reading • 23 Jan 2020
Raising A Strong Community Of Leaders To Nurture Growth
When Zac Huang joined the real estate industry 13 years ago, his main motivation was the monetary rewards that awaited him should he work hard.
Continue Reading • 22 Jan 2020
Singtel, CapitaLand and CDL included in Global 100 list
Singtel, CapitaLand and City Developments (CDL) placed 95th, 63rd and 36th respectively in the list.
Continue Reading • 22 Jan 2020
Thomson-East Coast Line Stage 2 on track for 2020 opening
TEL will benefit around 100,000 households “as they are now within a 10-minute walk from one of the nine stations”.
Continue Reading • 20 Jan 2020
Redas strikes back against NUS for 'developer collusion' study
Redas cast doubt on the methodology used in the paper and said they reserved the right to examine the findings so that the “faulty assumptions” could be addressed.
Continue Reading • 20 Jan 2020
Wing Fong Court condominium up for collective sale for $108m
Meanwhile, the adjacent condo, Wing Fong Mansions, might also be put up for collective sale soon.
Continue Reading • 17 Jan 2020
Developers' to remain cautious in aggregating land in 2020
Developers have slowed down in their land-banking activity as they wait for demand for private homes to grow.
Continue Reading • 17 Jan 2020
No golfing way!
The group of researchers say that insider trading among the top executives of real estate development firms happens on golf courses.
Continue Reading • 16 Jan 2020
Around 20,000 HDB units annually to hit MOP starting 2020
Flats that will hit the MOP is expected to reach 17,000 to 19,000 annually over the next 10 years.
Continue Reading • 16 Jan 2020
New private home sales drop 53.1% in December
Lack of sales in December down to holidays and lack of new launches, according to experts.
Continue Reading • 16 Jan 2020
Foreign buyers show resilience in the luxury condo market
While the cooling measures have dampened demand for residential properties, foreigners who bought top-end condos are showing more resilience.
Continue Reading • 15 Jan 2020
Knight Frank report: Auction listings jumped 23.9% in 2019
The surge in mortgage sale listings was due to higher retrenchments, hikes in interest rates, and drop in rental payments.
Continue Reading • 15 Jan 2020
Tenders for Jalan Bunga Rampai, Irwell Bank Road sites awarded
Wee Hur Development and CDL were the highest bidders for the GLS sites.
Continue Reading • 15 Jan 2020
Developers’ cautious GLS bid causes 8-20% drop in land prices
The muted sales take-up rates seen in existing projects in the vicinity of both sites are possible reasons that developers have placed lower bids.
Continue Reading • 14 Jan 2020
Casa Sophia finally sold en bloc for $29 million
The price works out to a land rate of $1,200 per sq ft per plot ratio (psf ppr).
Continue Reading • 14 Jan 2020
Koh Brothers sells 10 Van Holland units at launch
Koh Brothers revealed that a good mix of one- to three-bedroom apartments were sold.
Continue Reading • 14 Jan 2020
Anthony Loke: Singapore and Malaysia to conclude RTS Link project by April 2020
Malaysia’s Transport Minister Anthony Loke revealed that Singapore and Malaysia are still committed to finishing the agreement on the Johor Bahru-Singapore Rapid Transit System (RTS) Link project by April 2020
Continue Reading • 13 Jan 2020
760,000 CPF members to get Home Protection Scheme rebates
Those eligible for HPS rebates will receive at least $500 and will be notified via email, SMS or letter.
Continue Reading • 13 Jan 2020
20 The Avenir units sold over launch weekend
The weekend launch saw 20 of the 40 units sold, with average prices hitting $2,960 to $3,560 psf.
Continue Reading • 13 Jan 2020
City Developments, MCL Land and Oxley and Partners post high 2019 sales
Oxley and Partners have cleared 50% of units across 11 projects.
Continue Reading • 10 Jan 2020