Private home leasings show 4.4% increase in Q2
URA Realis data show rents of private homes rose 1.3 percent in Q2 compared to a one percent rise in the preceding quarter.
Continue Reading • 3 Oct 2019
Cascadale at Upper Changi Road East attempts second collective sale
It has an owners’ reserve price of $270 million that works out to around $1,065 per square foot (psf) per plot ratio (ppr).
Continue Reading • 2 Oct 2019
GuocoLand to launch Midtown Bay for sale this Saturday
The only residential launch within an integrated development in the central business district (CBD) in the coming year, it will also have 40 duplex units, that can be adapted from a 2+1 apartment into two one-bedroom units, each on different floors.
Continue Reading • 2 Oct 2019
Private home prices increase 0.9% in Q3
Prices in the core central region (CCR) and rest of central region (RCR) climbed 2.9 percent and 1.6 percent, respectively. Outside central region (OCR) prices inched up by 0.7 percent in Q3 2019.
Continue Reading • 2 Oct 2019
New non-landed home sales post 84.8% surge in Q2
Including sub-sales and resales, non-landed home sales grew 55.4 percent to 1,717 units from 1,105 units.
Continue Reading • 1 Oct 2019
Industry professional fined after non-compliant cladding discovered on ICON@IBP
The discovery comes after the owner of ICON@IBP alerted the SCDF in July that the composite panels used as cladding on the building’s façade are non-compliant with the Fire Code.
Continue Reading • 1 Oct 2019
Singapore and Malaysia extend RTS Link deadline by another month
During the suspension, Malaysia will decide if it wants to continue with the project as it is. It can also suggest changes to the project scope, with Singapore giving due consideration to such changes.
Continue Reading • 30 Sept 2019
CapitaLand tops SIAS 20th Investors’ Choice Awards for fourth straight year
The Group also received the Sustainability Award in the Big Cap category, the Most Transparent Company Award in the Real Estate category and runner-up for the Singapore Corporate Governance Award.
Continue Reading • 27 Sept 2019
Commontown seeks growth and expansion in Singapore, Malaysia and Indonesia
The startup will put up new spaces in the country over the next three months, including in Tiong Bahru, Geylang, River Valley, Red Hill and Novena.
Continue Reading • 26 Sept 2019
Braddell View estate en bloc tender relaunch closes without bids
It was previously put up for sale on 27 March, with that tender closing in May without bids. It was again launched for sale on 13 August.
Continue Reading • 26 Sept 2019
GuocoLand breaks ground for mixed-use project in China
Located in a prime location next to the Jiefangbei (Liberation Square) Central Business District, Chongqing 18 Steps’ first phase features more than 1,000 luxurious modern apartments.
Continue Reading • 26 Sept 2019
SRI appoints Low Choon Sin as capital markets head
Bringing almost a decade of real estate experience, Low spent nine years as an investment sales broker in CBRE Capital Market.
Continue Reading • 26 Sept 2019
MAS expected to ease monetary policy amid subdued levels of inflation
MAS is expected to lower the annual appreciation pace of the SGD NEER policy band from one percent to 0.5 percent.
Continue Reading • 25 Sept 2019
Two tales at recent condo launches
Cuscaden Reserve and The Antares probably deemed it better to launch their projects first considering the significant supply. Meanwhile, GuocoLand and Low Keng Huat priced their projects more attractively and sell more units at launch.
Continue Reading • 25 Sept 2019
Bishan Park Condominium up for sale for $680m
The 99-year leasehold development, which comprises five blocks of 10 storeys each, has 71 years left on its lease.
Continue Reading • 24 Sept 2019
Singapore could come off worse in next global downturn
This comes as four of the five factors that had protected the city-state during the Great Financial Crisis have weakened.
Continue Reading • 24 Sept 2019
New condo prices in CCR rose 10.5% in Q2
This significant price hike of new home sales could be due to the increased demand for luxury homes during the period under review
Continue Reading • 24 Sept 2019
Vertical “kampung” to rise next to Yew Tee MRT station in 2026
The development will be modelled after Kampung Admiralty, with housing and facilities for seniors, including a community club, a polyclinic and a kidney dialysis centre.
Continue Reading • 23 Sept 2019
Sales of Singapore high-end apartments reach 11-year high
For the first eight months of this year, 68 condominium units in the city state were sold for at least $10 million each, the highest mark since the corresponding period in 2008.
Continue Reading • 23 Sept 2019
Foreigners buy 249 condominium units in Q2 2019
The top foreign buyers last quarter were mainland Chinese, followed by buyers from USA, Indonesia, India and Malaysia.
Continue Reading • 23 Sept 2019