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Updated from : The Business Times, 12 Dec 2020 UOL Group's launch of Clavon along Clementi Avenue 1 at an attractive price resulted in the best launch-day sales volume this year. It moved 442 units at an average price of S$1,640 per square foot during its first weekend launch, UOL said on Sunday. Ismail Gafoor, … Continue reading UOL’s Clavon tops first-day launch sales this year at 442 units

To keep future housing projects in prime locations affordable, additional subsidies may be required, said National Development Minister Desmond Lee.ST PHOTO: LIM YAOH Updated from : The Straits Times, 12 Dec 2020 Build-To-Order (BTO) flats in prime locations may receive more subsidies as the Government considers ways to ensure that new Housing Board units remain … Continue reading Buyers of BTO flats in prime areas may get more subsidies

Ten companies told BT that in recent months they have either had their workers poached or heard of such instances in the industry. ST FILE PHOTO Updated from : The Business Times, 8 Dec 2020 THE Ministry of Manpower (MOM) intends to allow employers to bring in more existing work pass holders from this week, and … Continue reading Construction firms worry about margins as cost of labour rises

Some BTO flats in Boon Tiong and the Dawson area (above) have been sold for a 60-70 per cent gain, when their MOP ended this year. BT FILE PHOTO The Business Times, 3 Dec 2020, Thu WHEN certain HDB flats in the Dawson and Boon Tiong area completed their five-year minimum occupation period (MOP) this year, … Continue reading HDB ‘lottery’ conundrum: analysts weigh in on ways to mitigate it

Based on the number of caveats lodged, the top selling city-fringe residential project in Q3 2020 was Penrose, with the most attractive average transacted price among the five bestsellers. BT FILE PHOTO Updated from : The Straits Times, 18 Nov 2020 THE city fringe private residential market, commonly known as the rest of central region (RCR) … Continue reading Demand for city-fringe homes on the rise

The HDB rental volume rose 13.9 per cent month on month to an estimated 1,734 units last month. For condominiums, the spike was 6.3 per cent, with an estimated 4,409 units rented out.ST PHOTO: LIM YAOHUI Updated from : The Straits Times, 12 Nov 2020 Rents and the volume of leases for both Housing Board flats … Continue reading HDB, condo rents up again

Updated from : The Straits Times, 12 Nov 2020 Property firm ERA Realty Network is introducing digital signatures for tenancy agreements, becoming the first company in the private sector to pilot the recently launched Sign with SingPass service. The move will help its agents save time, as they will no longer need to meet property owners … Continue reading ERA homes in on digital signatures for tenancy deals

The Re-Align Framework will cover businesses under a specified annual revenue cap that have experienced a significant fall in revenue due to Covid-19.PHOTO: ST FILE Updated from : The Straits Times, 3 Nov 2020 With the business landscape completely altered by the Covid-19 pandemic, badly hit smaller players are being offered a chance to terminate certain … Continue reading Small firms hit by pandemic may be allowed to renegotiate deals

After Covid-19, experiential concepts may come storming back. People are pining to go out and shop, eat and be entertained. Pent-up demand will be unleashed. PHOTO: EPA-EFE Updated from : The Business Times, 2 November 2020 RECESSIONS create stress on everything - on businesses, households and entire industries. As demand for goods and services declines, how … Continue reading How Covid-19 is hitting the reset button on the global economy and property

Updated from : The Business Times, 28 Oct 2020 THE Urban Redevelopment Authority (URA) on Tuesday launched a residential with commercial site for tender, and JTC launched two industrial land plots - one via tender and another for application. The URA put up the site on Northumberland Road, near Farrer Park, for sale via public tender. … Continue reading JTC, URA launch tender sites in Tampines, Sembawang, Farrer Park