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Latest Singapore Property and Real Estate News, Updates, Insights and Reports Presented to You. Get updated with latest market movement before you decide.
New players buy into hot property scene
[7 Jun 2011|No Comment]
Non-property companies drawn by prospect of better investment returns REAL estate in Singapore has become so hot that a growing number of non-property players have been attracted to a market they believe can offer better investment returns than their core business. New players are making inroads into almost all segments of the property market – commercial, residential and [...]
Property czar with bold moves, soft touch
[6 Jun 2011|No Comment]
Khaw is not afraid of making radical changes, listening to the ground THE raft of changes to Singapore's housing policy makes it hard to believe it's just been about three weeks since the new Cabinet was announced and Singapore had a new property czar. Yet in the time since former health minister Khaw Boon Wan took over at [...]
Dragon Mansion up for collective sale at $150-156m
[4 Jun 2011|No Comment]
DRAGON Mansion, a freehold residential development located on the fringe of the Central Business District, is up for collective sale with an indicative price of $150-156 million, or $1,340-1,392 per square foot per plot ratio (psf ppr). Sole marketing agent Jones Lang LaSalle (JLL) said the site consists of two plots of land: Dragon Mansion and a substation. [...]
Jurong industrial site to go on sale soon
[4 Jun 2011|No Comment]
AN INDUSTRIAL site in Jurong will be launched for sale by public tender in two weeks, after a developer lodged a minimum bid acceptable to the Government. The 30-year leasehold site is one of a cluster of three sites along Pioneer Road North and Soon Lee Street. The other two sites have been sold. The latest site was [...]
$247m top bid for Buangkok condo site
[3 Jun 2011|No Comment]
A CONDOMINIUM site in Buangkok has secured a top bid of $247 million in a four-way tussle among developers. The moderate level of interest was in line with market expectations. Qingdao Construction lodged the top bid of $247 million – or $391 per sq ft (psf) per plot ratio (ppr) – for the 19,549 sq m site at [...]
1,000 more flats set to be offered
[3 Jun 2011|No Comment]
Khaw asks HDB to look into releasing unsold units; it could boost total to 26,000 this year EVEN as the latest offer of 3,957 Build-To-Order (BTO) flats drew to a close yesterday, National Development Minister Khaw Boon Wan announced yet another infusion to ramp up supply. He has asked the Housing Board to look into releasing 1,000 unsold [...]
Plans for mall and office project in Jurong Lake District
[2 Jun 2011|No Comment]
A SHOPPING mall and office complex with a total development cost of $1.5 billion is set to be built beside Jurong East MRT station as rejuvenation plans for the area continue gaining traction. A consortium of CapitaMalls Asia (CMA), CapitaMall Trust (CMT) and CapitaLand said yesterday they plan to build a 25-storey retail and office development. They said [...]
New HDB flats likely in Kallang/Whampoa, Tampines …but not in ‘built-up’ Tanjong Pagar
[2 Jun 2011|No Comment]
Not every mature estate has room for more flats, says Khaw NATIONAL Development Minister Khaw Boon Wan yesterday gave a clearer indication of which mature towns could see more new flats offered to young home-buyers. These are unlikely to include established, densely populated estates like Tanjong Pagar as they 'are already substantially built up', he said in his [...]
Property czar with bold moves, soft touch
[6 Jun 2011|No Comment]
Khaw is not afraid of making radical changes, listening to the ground THE raft of changes to Singapore's housing policy makes it hard to believe it's just been about three weeks since the new Cabinet was announced and Singapore had a new property czar. Yet in the time since former health minister Khaw Boon Wan took over at [...]
Jurong industrial site to go on sale soon
[4 Jun 2011|No Comment]
AN INDUSTRIAL site in Jurong will be launched for sale by public tender in two weeks, after a developer lodged a minimum bid acceptable to the Government. The 30-year leasehold site is one of a cluster of three sites along Pioneer Road North and Soon Lee Street. The other two sites have been sold. The latest site was [...]
Buckley Classique – Prestigious Lavish Lifestyle Resort in Novena by CDL
[25 May 2011|No Comment]
New Launch Singapore Property, Buckley Classique, coming to Buckley Road Buckley Classique @ Buckley Road Current Buckley Mansion and an existing Landed Property Luxury Freehold Condominium in Presitigious Newton Area Luxurious, Classy, Prestigious and Historical A Quiet, Cosy and Harmonious Living Close to the City CDL is set to release another of its Master Piece collection after The [...]
Inflation slows to 4.5% in April
[24 May 2011|No Comment]
Price increases likely to have peaked but risks remain, say analysts INFLATION grew at its slowest pace in five months in April and fell under 5 per cent for the first time this year, prompting economists to tip that prices have peaked. The monthly Consumer Price Index (CPI) rose 4.5 per cent last month over April last year [...]
Mature towns can still grow, say analysts
[1 Jun 2011|No Comment]
Some estates have plots meant for homes that are not developed yet MORE younger folk could become homeowners in mature estates such as Bishan, Ang Mo Kio, Toa Payoh, Tampines and Pasir Ris if the Housing Board (HDB) offers flats in these areas, where analysts say may still have room to build more homes. These areas still have [...]
Dragon Mansion up for collective sale at $150-156m
[4 Jun 2011|No Comment]
DRAGON Mansion, a freehold residential development located on the fringe of the Central Business District, is up for collective sale with an indicative price of $150-156 million, or $1,340-1,392 per square foot per plot ratio (psf ppr). Sole marketing agent Jones Lang LaSalle (JLL) said the site consists of two plots of land: Dragon Mansion and a substation. [...]
MND to ramp up building of rental flats: Khaw
[30 May 2011|No Comment]
Flats need to be built quickly 'by tens of thousands', minister adds (SINGAPORE) The Ministry of National Development (MND) is looking to increase the supply of rental flats for single parents. This comes shortly after it unveiled plans to speed up the construction of build-to-order (BTO) flats for young couples. The move to step up the supply [...]
Allgreen shares soar on knockout delisting offer
[25 May 2011|No Comment]
ALLGREEN Properties' shares rocketed on heavy volumes yesterday after a lucrative privatisation offer was announced for the property group. The stock shot up 44 cents, or 38 per cent, to $1.59 on trades of 148 million shares, after a trading halt imposed on Monday was lifted. Malaysia's richest man, Mr Robert Kuok, who already controls the firm, has [...]
Home prices in China likely to fall 10% this year: analysts
[31 May 2011|No Comment]
Deals set to slide 7% on govt cooling measures, they say (BEIJING) Analysts said Chinese home prices are likely to fall by more than 10 per cent this year, due to the government's prudent monetary policy and other tightening measures, the Beijing News reported yesterday. Home transactions will decrease by 7 per cent this year while sales [...]
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