2 of 5 BTO projects affected by Greatearth liquidation completed

Updated from : The Business Times, 27 Feb 2022 The wait is over, with work completed in 2 of the 5 Build-to-Order (BTO) projects affected by Greatearth Corporation and Greatearth Construction going bust, ahead of revised deadlines. The 782 owners of units in 3 blocks of flats in Senja - in Senja Ridges and Senja … Continue reading 2 of 5 BTO projects affected by Greatearth liquidation completed

Tanglin Shopping Centre sold for S$868m to Tanoto family’s Pacific Eagle Real Estate

Built in 2 phases, the main Tanglin Shopping Centre complex was completed in the 1970s, while the office tower extension was completed in early 1980s. The development has 364 units. SPH Updated from : The Business Times, 24 Feb 2022 THE freehold Tanglin Shopping Centre has been sold for S$868 million or S$2,769 per square foot … Continue reading Tanglin Shopping Centre sold for S$868m to Tanoto family’s Pacific Eagle Real Estate

HDB resale prices climb for 19th straight month in January: SRX, 99.co

Notably, 4 of the latest multi-million dollar HDB resale flats sold were located in Bishan, while 6 were in Queenstown. ST PHOTO: LIM YAOHUI Updated from : The Business Times, 10 Feb 2022 PRICES of HDB resale flats continued their upward trajectory in January 2022 to book gains for the 19th straight month on the back … Continue reading HDB resale prices climb for 19th straight month in January: SRX, 99.co

Redas seeks longer project sales period for land acquired before latest cooling measures

Redas' suggestions come after property cooling measures were put in place on Dec 16, 2021 amid concerns that rising property prices were unsustainable.  ST PHOTO: CHONG JUN LIANG Updated from : The Business Times, 9 Feb 2022 THE Real Estate Developers' Association of Singapore (Redas) hopes that the government will extend the sales period of … Continue reading Redas seeks longer project sales period for land acquired before latest cooling measures

CDL bids $768m for Jalan Tembusu site in state land sale, consortium bids $586.6m for Lentor Hills site

Eight bidders vied for a 99-year leasehold residential site at Jalan Tembusu near the East Coast. PHOTO: SCREENGRAB FROM GOOGLE MAPS Updated from : The Straits Times, 19 Jan 2022 The results of the first two state tenders that closed on Tuesday after new cooling measures were introduced indicated that developers are still land hungry but more cautious. … Continue reading CDL bids $768m for Jalan Tembusu site in state land sale, consortium bids $586.6m for Lentor Hills site

Singapore announces new property cooling measures

The Singapore government on Wednesday (15 Dec) announced a slew of measures to cool the red-hot private residential and housing development board (HDB) resale markets. PHOTO: SPH Updated from : The Business Times, 16 Dec 2021 SINGAPORE on Wednesday moved to cool its housing market amid rising concerns that the property boom might tip the market … Continue reading Singapore announces new property cooling measures

New cooling measures overturn sanguine outlook for new private home market for 2022

The 99-year leasehold condominium is now the best-selling project launch in the Central Area this year. CAPITALAND/CITY DEVELOPMENTS Updated from : The Business Times, 16 Dec 2021 DEVELOPERS'  prognosis for the positive momentum in private housing spilling over into 2022 was overturned last night when the government announced a slew of property cooling measures. In the … Continue reading New cooling measures overturn sanguine outlook for new private home market for 2022

Resale condo prices up for 16th straight month in November, longest consecutive rise since 2013

Compared with November last year, prices are up by 9.3 per cent, data showed.PHOTO: ST FIL Updated from : The Straits Times, 14 Dec 2021 SINGAPORE - Condominium prices in Singapore continued to rise last month, inching up by 0.8 per cent to mark the 16th consecutive month of price rises, according to flash figures … Continue reading Resale condo prices up for 16th straight month in November, longest consecutive rise since 2013

MAS warns Singapore households on rising mortgage debt ahead of potential interest rate hikes

Household debt as a percentage of GDP rose to 70 per cent in the third quarter of this year from 67.1 per cent a year ago. PHOTO: ST FILE Updated from : The Straits Times, 6 Dec 2021 Singapore households have amassed a larger pile of debt than they had before Covid-19 struck, thanks to a … Continue reading MAS warns Singapore households on rising mortgage debt ahead of potential interest rate hikes

Two prime Pine Grove sites launched for sale; plots can yield over 1,000 condo units

Updated from : The Business Times, 30 Nov 2021 THE Urban Redevelopment Authority (URA) has released for sale 2 residential sites at Pine Grove (Parcels A & B), it said in a statement on Tuesday (Nov 30). The sites are released under the reserve list of the second half 2021 government land sales (GLS) programme. … Continue reading Two prime Pine Grove sites launched for sale; plots can yield over 1,000 condo units