What’s behind the resilience of Singapore real estate?

Updated from : The Business Times, 16 Sep 2021 THE housing market has again taken centre stage in what many have described as a property boom, with homebuyers and investors steadily picking up residential properties of all types. Across the board, price increases appear to be on the cards, be it for landed homes including … Continue reading What’s behind the resilience of Singapore real estate?

Flynn Park in Pasir Panjang sold en bloC for $371 million

Flynn Park comprises 72 apartments and sits on 208,443 square feet of freehold land.PHOTO: SAVILLS Updated from : The Straits Times, 10 Sep 2021 SINGAPORE (THE BUSINESS TIMES) - Flynn Park in Pasir Panjang has been sold for $371 million to a joint venture between Hoi Hup Realty and Sunway Developments, property consulting group Savills Singapore announced … Continue reading Flynn Park in Pasir Panjang sold en bloC for $371 million

Marina View: Testing the ‘work, live, play’ concept within CBD

Updated from : The Business Times, 7 Sep 2021 SINGAPORE'S Central Business District (CBD) has transformed over the last decade or so. It expanded with the new business and financial precinct of Marina Bay, which houses Grade A office space at developments such as Marina Bay Financial Centre, Marina One and Asia Square. Older parts … Continue reading Marina View: Testing the ‘work, live, play’ concept within CBD

International Plaza launches record $2.7b en-bloc tender in S’pore’s largest collective sale

More than 80 per cent of the owners have agreed to put the leasehold commercial-cum-residential building on the market.PHOTO: EDMUND TIE & COMPANY Updated from : The Straits Times, 2 Sep 2021 International Plaza in Tanjong Pagar has been launched for sale by public tender at a record reserve price of $2.7 billion. The sale … Continue reading International Plaza launches record $2.7b en-bloc tender in S’pore’s largest collective sale

Development charge rates jump 10.9% for non-landed residential use

Updated from : The Business Times, 31 Aug 2021 The biggest surge of 19 per cent in non-landed residential rates applies to Sectors 16 and 107, which include Chinatown, Duxton, and Upper Thomson Road.  ST FILE PHOTO SINGAPORE has again increased the development charge (DC) rates for landed and non-landed residential use groups, with significant increases … Continue reading Development charge rates jump 10.9% for non-landed residential use

S$1.03b bid bags Jalan Anak Bukit site for Far East Organization, Sino Group

The active three-storey frontages along Upper Bukit Timah Road and Jalan Jurong Kechil create a vibrant and layered pedestrian experience that is visible from the street level. FE LANDMARK PTE. LTD., FEC RESIDENCES TRUSTEE PTE. LTD. (IN ITS CAPACITY AS TRUSTEE-MANAGER OF FEC RESIDENCES TRUST) AND FEC RETAIL TRUSTEE PTE. LTD. (IN ITS CAPACITY AS TRUSTEE-MANAGER … Continue reading S$1.03b bid bags Jalan Anak Bukit site for Far East Organization, Sino Group

Ponder housing affordability, land cost issues in future S’pore plans

Building bigger homes and bigger amenities would not only put Singapore in a better position to prevent disease transmission, but it will also make telecommuting more palatable, says the writer.ST PHOTO: LIM YAOHUI Updated from : The Straits Times, 23 Aug 2021 Last month, the Urban Redevelopment Authority, which builds this city, embarked on a … Continue reading Ponder housing affordability, land cost issues in future S’pore plans

A real estate wealth tax and Singapore’s property cooling measure

Updated from : The Business Times, 18 Aug 2021 THE chatter on wealth taxes has been increasing in intensity over the past year. The reason propounded for an implementation is to promote an inclusive society by finding additional sources of government revenue to fund various altruistic schemes. The shift away from taxing income to that … Continue reading A real estate wealth tax and Singapore’s property cooling measure

Singapore new private home sales surge 77% to 1,545 units in July

NEW private home sales in July rallied in spite of tightened community measures in the second half of the month. ST PHOTO: LIM YAOHUI Updated from : The Business Times, 13 Aug 2021 NEW private home sales in July rallied in spite of tightened community measures in the second half of the month. Riding the pent-up … Continue reading Singapore new private home sales surge 77% to 1,545 units in July

CDL looks to launch nearly 2,000 units in 4 Singapore projects

Fuji Xerox Towers in Anson Road (above) is being redeveloped into residences, serviced apartments, offices and retail space. Updated from : The Business Times, 13 Aug 202 CITY Developments (CDL), often seen as the proxy for the Singapore residential property market, has a launch pipeline here of nearly 2,000 housing units for sale in four … Continue reading CDL looks to launch nearly 2,000 units in 4 Singapore projects