F&B outlets may rethink real estate footprint as online sales grow

The leasing of cloud kitchens could gain pace, while businesses open fewer full-service eateries. The cloud kitchen market is projected to keep expanding, with more spaces likely to be converted into such premises, BT has reported. BT FILE PHOTO Updated from : The Business Times, 17 Jun 2021 THE surge in online sales of food and … Continue reading F&B outlets may rethink real estate footprint as online sales grow

Sovereign wealth funds pumping more money into real estate, alternative assets

Singapore's GIC will set up an investment platform for retail-led mixed-use assets in India. Its other investments included an industrial and logistics portfolio in Australia.  PHOTO: REUTERS Updated from : The Business Times, 15 Jun 2021 SOVEREIGN wealth funds (SWFs) are injecting more capital into higherreturning alternative assets such as property, although some heavyweights fall … Continue reading Sovereign wealth funds pumping more money into real estate, alternative assets

Million-dollar HDB flats: Half of S’pore’s 24 towns have them, including Hougang, Geylang and Ang Mo Kio

At present, the central area takes the top spot with 118 million-dollar flats.PHOTO: ST FILE Updated from : The Straits Times, 14 Jun 2021 While The Pinnacle @ Duxton is arguably the "poster boy" for million-dollar Housing Board flats in Singapore, such flats are not exclusively located in the central area. Half of Singapore's 24 … Continue reading Million-dollar HDB flats: Half of S’pore’s 24 towns have them, including Hougang, Geylang and Ang Mo Kio

Increased supply of private homes on confirmed sites a calibrated move as developers seek land

''It is good to offer an EC site in the West, after releasing the Tampines Street 62 site (under the H1 2021 programme) so EC buyers are able to find opportunities in different geographical areas.'' - JLL senior director of research & consultancy Ong Teck Hui. Updated from : The Business Times, 11 Jun 2021 … Continue reading Increased supply of private homes on confirmed sites a calibrated move as developers seek land

Condo, HDB rents continued to rise in May despite tighter Covid-19 curbs

Rents for condominium units rose by 0.3 per cent compared with the month before and are up 7.3 per cent from a year earlier.PHOTO: ST FILE Updated from : The Straits Times, 9 Jun 2021 SINGAPORE - The rental market for both private apartments and Housing Board (HDB) flats in May remained robust despite the tightened Covid-19 … Continue reading Condo, HDB rents continued to rise in May despite tighter Covid-19 curbs

HK buyers making steady investments in Singapore property

OrangeTee's Ms Sun believes that buyers are not waiting for the Singapore-Hong Kong travel bubble's launch before making any purchases, adding that interested investors are already working with Singapore agents to tour the properties virtually. PHOTO: BLOOMBERG Updated from : The Business Times, 8 Jun 2021 HONG Kong investors are expected to continue looking at Singapore … Continue reading HK buyers making steady investments in Singapore property

Raising land supply may aggravate housing issues

Having more GLS sites could drive up construction activity and thus the costs of raw materials and manpower, NUS IREUS deputy director Lee Nai Jia said. BT FILE PHOTO from : The Business Times, 3 Jun 2021 ADJUSTING the additional buyer's stamp duty (ABSD) remission deadline on government land sales (GLS) sites and allowing a change … Continue reading Raising land supply may aggravate housing issues

Kampung Admiralty, Punggol town among 4 S’pore projects lauded at regional real estate awards

Kampung Admiralty is often dubbed the "vertical kampung".PHOTO: HDB Updated from : The Straits Times, 2 Jun 2021 SINGAPORE - Four Singapore projects have bagged one of the real estate industry’s most prestigious awards in the region.  They were lauded for their excellent land use that can be replicated in other communities. Kampung Admiralty and Punggol … Continue reading Kampung Admiralty, Punggol town among 4 S’pore projects lauded at regional real estate awards

The super rich are choosing Singapore as the world’s safest haven

While Singapore has long been a draw for wealthy Chinese, Indonesians and Malaysians who would come for short trips to shop, visit the casino or get check-ups at world-class clinics, the pandemic has changed all that, prompting many tycoons and their families to stay for months - in some cases seeking residency to ride out … Continue reading The super rich are choosing Singapore as the world’s safest haven

Two govt land sale sites released for sale in Tanjong Katong and Tampines

The Jalan Tembusu site (pictured), which spans 1.95ha, is estimated to yield 640 units.PHOTO: SCREENGRAB FROM GOOGLE MAPS Updated from : The Straits Times, 27 May 2021 SINGAPORE - Two residential sites, in Jalan Tembusu and Tampines Street 62 (parcel B), were released for sale on Thursday morning (May 27) under the first half of … Continue reading Two govt land sale sites released for sale in Tanjong Katong and Tampines