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Another four residential sites have hit the collective sale market to meet what appears to be an insatiable demand from developers. Asia Gardens in Everton Road leads the way with an asking price of $338 million, followed by Park View Mansions near Jurong Lake at about $320 million. Firms may also consider 27 Moulmein Rise … Continue reading 4 residential sites join collective sale market

Residential property sales in Singapore’s primary market sprang back to life in 2017, during which it saw the highest transaction volumes in four years. Sales of non-landed private residential properties rose from 7,618 units in 2016 to 9,745 units in 2017, inching closer to the 14,711 units in 2013, according to URA data. The pick-up … Continue reading Luxury condos with the highest foreign interest

Recent bullish land bids by developers have prompted the Government to raise development charge (DC) rates for non-landed residential use by 22.8 per cent on average, it announced yesterday. This compares with the 13.8 per cent rise at the last revision six months ago, and is the biggest increase since September 2007, when the rate … Continue reading Development charge rates for non-landed residential use up by 22.8%

The Estoril, a condominium project along 95 & 97 Holland Road, is up for collective sale with a guide price of S$220 million, reflecting a land price of about S$1,625 per sq ft per plot ratio. Sitting on a freehold site of about 84,600 sq ft and zoned "residential" with a height control of up … Continue reading The Estoril at Holland Rd up for sale with S$220m guide price

A few notable personalities from the corporate world have been involved in transactions in Good Class Bungalow (GCB) Areas since the start of the year. The Business Times understands that Simon Israel, chairman of both Singtel and Singapore Post, is buying an old single-storey bungalow that is ripe for redevelopment along Binjai Park in District … Continue reading GCBs remain a draw for Singaporeans

Singles will now get a grant of $10,000 if they buy a Housing Board (HDB) resale flat near their parents - a move that analysts described as being "pro-family". The announcement yesterday was among a series of changes to expand grants for home buyers who want to live with or near their parents, so as … Continue reading Singapore Budget 2018: More grants for singles to live with or near parents

A 47-year-old housewife saved $67,000 when she signed on the dotted line to buy a $7.7 million flat in New Futura condominium yesterday, minutes after Finance Minister Heng Swee Keat announced a higher stamp duty for home buyers. From today, the stamp duty on the value or price of a home above $1 million will … Continue reading Singapore Budget 2018: Higher stamp duty not a cooling measure, say analysts

SINGAPORE - The iconic Pearl Bank Apartments in Outram was sold to developer CapitaLand on Tuesday (Feb 13) for $728 million, in its fourth collective sale attempt over the past decade. CapitaLand plans to redevelop the site into a high-rise residential development comprising around 800 units with "social, shared facilities". Here are six reasons why the development … Continue reading Pearl Bank Apartments sold: What makes the development iconic?

An artist's impression of the 12,500 sq ft public park. It is among a slew of moves aimed at making the area greener and a "vibrant people-friendly zone", said National Development Minister Lawrence Wong.PHOTO: CAPITALAND A public park will be one of the features to be incorporated into the re-development of the former Golden Shoe … Continue reading Public park, new cycling paths in Raffles Place

About $211 million in government grants has been disbursed to help some 11,000 families buy resale flats in Housing Board estates so that they can live close to their parents or their married children. A further 1,000 families will get the grants after completing their resale flat deals, the Housing Board said yesterday. These 12,000 … Continue reading 11,000 households get $211m in proximity housing grants