HDB launches over 3,800 BTO flats; 2,500 balance flats also on offer

Updated from : The Business Times, 26 May 2021 A TOTAL of 3,879 Build-To-Order (BTO) flats across four housing projects in four estates were launched for sale by the Housing and Development Board (HDB) on Tuesday, in the second sales exercise for the year. Another 2,494 flats were also made available under this year's first … Continue reading HDB launches over 3,800 BTO flats; 2,500 balance flats also on offer

Shorter leases, resale only to HDB among ideas for prime BTO flats: Desmond Lee

BTO projects are expected to be pushed back by a further three months, on top of the six to nine months' delay previously announced by the HDB in March.PHOTO: ST FILE Updated from : The Straits Times, 24 May 2021 SINGAPORE - New flats with shorter leases and limiting resale only to the Housing Board … Continue reading Shorter leases, resale only to HDB among ideas for prime BTO flats: Desmond Lee

Option granted to buy Cluny Hill bungalow at record $4,291 psf

The bungalow is being developed by the Soh family behind lifestyle developer Meir Homes.PHOTO: BUSINESS TIMES Updated from : The Straits Times, 23 May 2021 A freehold property on Cluny Hill near the Singapore Botanic Gardens, with a bungalow under construction, is in the early stages of a sale for $63.7 million. That translates to … Continue reading Option granted to buy Cluny Hill bungalow at record $4,291 psf

S’pore landlords step up to help retail tenants but sector still needs more rental support

Empty event spaces seen in Change Alley on May 20, 2021.ST PHOTO: NG SOR LUAN Updated from : The Straits Times, 20 May 2021 Corporate landlords have been stepping up to help hard-pressed retail tenants amid new Covid-19 curbs that are keeping shoppers out of the malls. At least five mall operators have pledged to … Continue reading S’pore landlords step up to help retail tenants but sector still needs more rental support

Singapore condo resales hit 11-year high in April, prices rise 1.5%

Year on year, private home resale prices rose 5.8 per cent over April last year.PHOTO: ST FILE Updated from : The Straits Times, 12 May 2021 SINGAPORE - The private resale housing market remained robust with the number of condominium units resold in April hitting an 11-year high as prices rose 1.5 per cent from the … Continue reading Singapore condo resales hit 11-year high in April, prices rise 1.5%

Maxwell House sold en bloc to Chip Eng Seng, SingHaiyi for $276.8 million, above asking price

The building at 20 Maxwell Road was put on the market at a reserve price of $295 million in September 2020.PHOTO: CUSHMAN & WAKEFIELD Updated from : The Straits Times, 7 May 2021 SINGAPORE - The owners of Maxwell House, which has been around since 1971, were second-time lucky with their collective sale bid, snagging … Continue reading Maxwell House sold en bloc to Chip Eng Seng, SingHaiyi for $276.8 million, above asking price

S’pore’s outlook brighter this year, global recession less protracted than initially feared: PM Lee

In his May Day message to workers, PM Lee noted that external trends support Singapore's economic recovery and justify confidence in its prospects.PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION Updated from : The Straits Times, 30 Apr 2021 SINGAPORE - The outlook for Singapore has brightened considerably compared with a year ago, with the global recession turning out … Continue reading S’pore’s outlook brighter this year, global recession less protracted than initially feared: PM Lee

En bloc punts in play, but price gap threatens to spoil the party

"With the shortage of land supply and keener interest from developers, many potential en-bloc sale owners are exploring whether this is the right time to try again," JLL wrote. ST FILE PHOTO Updated from : The Business Times, 25 Apr 2021 MORE properties could soon be put up for sale en bloc, as unit owners hope … Continue reading En bloc punts in play, but price gap threatens to spoil the party

Blackstone eyes more Singapore property after buying Sandcrawler building for $176m

The Sandcrawler deal marks Blackstone's first Singapore property acquisition under its "core plus" strategy.PHOTO: ST FILE Updated from : The Straits Times, 21 Apr 2021 SINGAPORE (BLOOMBERG) - Blackstone Group is seeking to invest in more properties in Singapore to capitalise on rising demand for office space among technology firms expanding in the city-state. The … Continue reading Blackstone eyes more Singapore property after buying Sandcrawler building for $176m