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

Condo resale prices up 1%; volume up by 22.5% in July: SRX

The highest transacted price for a resale condo unit last month was $18.5 million at Le Nouvel Ardmore.PHOTO: ST FILE Updated from : The Straits Times, 10 Aug 2021 Demand for non-landed private homes remained strong in July, with prices climbing and more units changing hands, despite tightened Covid-19 measures in the second half of … Continue reading Condo resale prices up 1%; volume up by 22.5% in July: SRX

Siglap Shopping Centre relaunched for collective sale; price unchanged at S$120m

Siglap Shopping Centre comprises eight commercial units and eight residential units. It has access to the dining, shopping and recreational amenities of the Siglap/Katong area. PHOTO: ORANGETEE ADVISORY Updated from : The Business Times, 4 Aug 2021 LOCAL real estate consultancy OrangeTee Advisory on Wednesday announced it is relaunching Siglap Shopping Centre for collective sale in … Continue reading Siglap Shopping Centre relaunched for collective sale; price unchanged at S$120m

Landlords to bring back previous Phase 2 (Heightened Alert) support schemes

Updated from : The Business, 21 July 2021 MAJOR landlords are bringing back the support schemes they provided last May, as Singapore enters Phase 2 (Heightened Alert) for the second time in three months. To boost online presence and purchases, CapitaLand and City Developments Ltd (CDL) will absorb the on-boarding, commission and delivery fees from … Continue reading Landlords to bring back previous Phase 2 (Heightened Alert) support schemes

Singapore’s ‘nouveau riche’ drum up luxury home demand in first half of 2021

Developers in Singapore sold 872 new private homes in June, easing 2.6 per cent from May's 895, according to data from the URA on Thursday. ST PHOTO: LIM YAOHUI Updated from : The Business Times, 15 July 2021 DEMAND for luxury and prime-area private housing picked up in the first half of this year, reflecting the gains … Continue reading Singapore’s ‘nouveau riche’ drum up luxury home demand in first half of 2021