S'pore eyes 200 hectares of skyrise greenery

More than 61 hectares of buildings exteriors in Singapore were planted with greenery last year, surpassing the original target of 50 hectares for 2030.

Continue ReadingNov 12, 2014

Jurong land plot to attract large developers

Singapore's largest property developers are preparing for a bidding war over a lucrative land plot across the street from Jurong Lake Park.

Continue ReadingNov 12, 2014

Frasers sold Holland Park GCB for $30 million

A buyer has reportedly obtained an option to purchase a brand new Good Class Bungalow (GCB) by Frasers Centrepoint in Holland Park for around $30 million.

Continue ReadingNov 10, 2014

Several MCL Land projects fully pre-sold

Three condominiums by MCL Land are 100 percent pre-sold; Uber 388, Terrasse, and Ripple Bay.

Continue ReadingNov 6, 2014

Roxy-Pacific records revenue growth

Roxy-Pacific Holdings Limited registered a 25 percent increase in revenue to $249.2 million for 9M 2014, from $199.4 million in 9M2013.

Continue ReadingNov 6, 2014

Guidelines in place for development applications

Development applications are assessed by a set of development control guidelines by the URA, which regulate the building form and scale of the proposed development to safeguard the interests of the surrounding community.

Continue ReadingNov 5, 2014

Cairnhill Mansions gives en bloc another go

The ageing Cairnhill Mansions near Goodwood Park Hotel in District 9 is expected to make its fourth attempt at an en bloc sale.

Continue ReadingOct 24, 2014

Developers, buyers adapting to market conditions: CBRE

Smaller homes will continue to be a preferred choice for developers and homebuyers, according to a CBRE report.

Continue ReadingOct 21, 2014

Lian Beng's net profit up 58.5% in Q1

Lian Beng Group's net profit soared 58.5 percent to $11.97 million and revenue rose 10.8 percent to $167.64 million.

Continue ReadingOct 14, 2014

ABSD could shrink developers' profits by 50%

Under the Residential Property Act, developers are required to pay an Additional Buyer Stamp Duty (ABSD) of 10 percent for land bought after December 2011 and 15 percent for land acquired after January 2013.

Continue ReadingOct 8, 2014

Margin compression a threat among local developers

Margin compression is a real threat among property developers in Singapore as the government is unlikely to relax its property cooling measures anytime soon.

Continue ReadingOct 3, 2014

S'pore developers lead the way in sustainability

Property titans make up the top three companies from Singapore on Channel NewsAsia (CNA)’s Sustainability Ranking.

Continue ReadingSep 18, 2014

September sales expected to spike

The market is likely to experience more deals soon, as anticipated projects such as Highline Residences, Marina One, and 70 St Patrick's are expected to launch in September.

Continue ReadingSep 16, 2014

Govt urged to have more dialogue with developers

More dialogue between the government and developers should be conducted as the slowing demand for property could damage the wider economy.

Continue ReadingSep 9, 2014

Developers will have to diversify out of Singapore

Singapore's residential property developers are urged to diversify out of the local property market given its increasingly tight conditions.

Continue ReadingSep 8, 2014

Developer profit margins fall significantly: study

Profit margins of new leasehold condominium launches in 2014 have fallen by more than 50 percent from 2013 and 2012...

Continue ReadingSep 3, 2014

UOL's mobile showflat travels to where the buyers are

UOL Group has developed a mobile showroom to bring the showflat experience to home seekers across the island.

Continue ReadingSep 1, 2014

Private home sales fall far short of pre-TDSR levels

Weaker sentiment and the likelihood of further price drops will hamper sales volumes in the private housing market...

Continue ReadingAug 29, 2014

Developers to be cautious with land bids: analysts

The growing number of unsold private homes and the weaker buying sentiment have forced developers to be more cautious with their land bids, said analysts and reported in the media. Notably, sales of new private homes, excluding Executive Condominiums (ECs), plunged 55 percent to 4,400 units in H1...

Continue ReadingAug 14, 2014