Ultra-rich families racing to park wealth in Singapore under enhanced investment scheme

Tycoons from around the region, along with their families, are reportedly flocking to Singapore, with interest in immigration rising during the Covid-19 pandemic. PHOTO: BLOOMBERG Updated from : The Business Times, 4 May 2022 THE recent tightening of regulations for family offices in Singapore does not seem to have dissuaded wealthy investors, with a growing number … Continue reading Ultra-rich families racing to park wealth in Singapore under enhanced investment scheme

As the customer, you can always ask for a fair progressive payment schedule for home renovation. PHOTO: PEXELS Updated from : The Straits Times, 1 May 2022 Buying a new home is usually an exciting and happy affair, but it became something of a horror story for a group of owners here who have seen a … Continue reading

1,600 HDB flats to be built in Farrer Park; swimming complex to make way for new sports centre

The BTO projects will be launched for sale within three years. PHOTO: HOUSING & DEVELOPMENT BOARD Updated from : The Straits Times, 26 Apr 2022 Around 1,600 new Housing Board flats will be built on a 10ha site in Farrer Park, and be integrated with sports and recreational facilities including a new sports centre. The Build-To-Order (BTO) … Continue reading 1,600 HDB flats to be built in Farrer Park; swimming complex to make way for new sports centre

Rising interest rates: How will they impact your home loan?

The Singapore Overnight Rate Average (Sora) is now the main benchmark for mortgages. ST PHOTO: LIM YAOHUI Updated from : The Straits Times, 18 Apr 2022 Interest rates in the United States are set to go even higher - from the current 0.25 per cent to 0.5 per cent range - and this will have some … Continue reading Rising interest rates: How will they impact your home loan?

Fresh demand for older flats as frustration builds over BTO

Buyers and agents polled by The Business Times cited the desire for larger units and the long wait times for BTOs as the primary reasons why they are willing to pay more for older flats. ILLUSTRATION: SIMON ANG Updated from : The Business Times, 14 Apr 2022 KELVIN Lim, senior marketing director at real estate agency … Continue reading Fresh demand for older flats as frustration builds over BTO

3 decades-old school campuses in Balestier and Queenstown to be demolished for housing

The Balestier site is about 22,400 sq m and currently houses the Singapore campus of Australia’s Curtin University. ST PHOTO: GIN TAY Updated from : The Straits Times, 5 Apr 2022 Three school campuses in Balestier and Queenstown that are decades old will soon make way for housing developments, with the Housing Board (HDB) in the midst of … Continue reading 3 decades-old school campuses in Balestier and Queenstown to be demolished for housing

Golden Mile Complex gets $700m collective sale offer from Far East Organization, Perennial Holdings

Golden Mile Complex was put up for collective sale last year at a reserve price of $800 million. PHOTO: ST FILE Updated from : The Straits Times, 30 Mar 2022 An offer of $700 million has been made for Golden Mile Complex in Beach Road, following extensive private treaty negotiations for the iconic development, which was put … Continue reading Golden Mile Complex gets $700m collective sale offer from Far East Organization, Perennial Holdings

New strata subdivision rule unlikely to affect commercial, mixed-use en bloc sales

Tanglin Shopping Centre in Orchard was sold en bloc in February to Pacific Eagle Real Estate. The freehold complex has more than 360 strata retail and office units, and fetched S$868 million in the sale. BT FILE PHOTO Updated from : The Business Times, 17 Mar 2022 THE new restriction on strata subdivision of some commercial … Continue reading New strata subdivision rule unlikely to affect commercial, mixed-use en bloc sales

HDB flat first in Yishun to sell for more than S$1m, but analysts say such sales there won’t be common

A view of Block 652 along Yishun Avenue 4 where a flat was sold for more than S$1 million Updated from : Today, 11 Mar 2022 SINGAPORE — A Housing and Development Board (HDB) executive flat in Yishun fetched more than S$1 million when it was sold last month on the resale market, the first … Continue reading HDB flat first in Yishun to sell for more than S$1m, but analysts say such sales there won’t be common