Chip Eng Seng clinches $32.9mil upgrading contract from HDB

Chip Eng Seng Corporation’s wholly-owned unit, CES Engineering & Construction, has been awarded a $32.9 million contract by the Housing and Development Board (HDB).

Continue ReadingDec 30, 2021

Singapore Median Condo Prices Up in June 2020

Developers’ condo sales more than doubled in June to 998 units from the previous month, reported Singapore Business Review citing Jefferies. Median prices also registered an increase from prior months during the lockdown. The report, however, noted that primary sales declined 10% year-on-year...

Continue ReadingJul 21, 2020

Sales galleries introduce high-end amenities to attract potential buyers

Singapore’s private housing market developers, especially those of the luxury market, have lately been more creative with their sales galleries.

Continue ReadingJan 28, 2020

Wheelock unit offers to take Wheelock Properties (Singapore) private

Star Attraction, a wholly owned indirect subsidiary of Wheelock and Company, has launched a voluntary unconditional general offer to take mainboard-listed Wheelock Properties (Singapore) Limited private

Continue ReadingJul 19, 2018

Developer stocks may increase by up to 15 percent

After witnessing a good run in 2017 on expected property market recovery, developers who can turn anticipation...

Continue ReadingJan 19, 2018

En bloc sales soars by over 4-fold, says MND

Collective sales have surged from around 600 units for the whole of 2016 to about 2,700 existing private homes so far this year...

Continue ReadingNov 7, 2017

Pacific Star subsidiary partners Dubai firm to develop luxury properties in region

Pacific Star Development’s wholly-owned subsidiary, PSD Singapore Pte. Ltd., has partnered with Middle East developer, DAMAC International...

Continue ReadingNov 1, 2017

Developers prefer leasehold properties in current en bloc boom

The current en bloc frenzy has bucked the trend as developers favoured leasehold properties over freehold ones, reported the Business Times...

Continue ReadingOct 30, 2017

Speculation abounds on URA’s request for collective sale details

The property market is rife with speculation on why the Urban Redevelopment Authority (URA) is requiring property agents marketing en bloc sales to submit...

Continue ReadingOct 27, 2017

Developers more upbeat but worry over possible curbs

Home builders here have become more bullish, but they fear that the improving market conditions would result in more property curbs from the authorities, reported the Straits Times...

Continue ReadingOct 26, 2017

Chinese developer seeks more projects in Singapore

Logan Property, a developer listed in the Hong Kong bourse, is considering other residential and commercial projects in Singapore

Continue ReadingJun 12, 2017

PropertyGuru Vietnam Property Awards 2017 winners unveiled

A total of 35 winners and 28 highly commended awardees were unveiled during the PropertyGuru Vietnam Property Awards 2017...

Continue ReadingJun 9, 2017

Developers responsible for defects, design flaws in new ECs

Private developers of executive condominiums are responsible for all defects and design flaws in newly built projects, revealed the Ministry of National Development...

Continue ReadingFeb 8, 2017

More projects to go en bloc in 2017

Market watchers expect more residential properties to go en bloc in 2017, following the success of three collective sales this year, reported The Business Times.

Continue ReadingNov 28, 2016

Nominations closing soon for South East Asia Property Awards (Malaysia)

The final deadline for submission of nominations for the South East Asia Property Awards (Malaysia) 2016 is this Friday, 3 June, said awards organiser Property Report...

Continue ReadingJun 1, 2016

11 things to look out for when viewing a showflat

A condo's actual units could turn out to be vastly different from its showflats, which we visit often in the process of writing our Project Reviews. Here are eleven key things we look out for each time we step into a showflat.

Continue ReadingMar 24, 2016

Thailand property to see growth in 2016

The Thai property market could grow by as much as five to 10 percent in 2016, according to media reports...

Continue ReadingJan 11, 2016

Cooling measures may ease amid continued oversupply

Oversupply in Singapore’s residential market is expected to persist well into 2019 as the average net demand of 17,841 units over 2015-2019 remains below the average net supply of 40,990 units, revealed a Credit Suisse report.

Continue ReadingNov 26, 2015

Call for review of property curbs increasingly insistent

The government faces pressure to alter or even lift the property cooling measures, after developers' profits fell in Q3.

Continue ReadingNov 17, 2015

Developers offering fewer indirect discounts

Once popular with private homebuyers, indirect discounts like furniture vouchers and cash rebates have become less prevalent,

Continue ReadingNov 16, 2015