Property News

Demand for city-fringe homes on the rise

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

ERA homes in on digital signatures for tenancy deals

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

Small firms hit by pandemic may be allowed to renegotiate 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

How Covid-19 is hitting the reset button on the global economy and property

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

JTC, URA launch tender sites in Tampines, Sembawang, Farrer Park

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

Shophouse blitz: Tiong Bahru, River Valley, Bugis assets up for grabs

Three adjoining freehold shophouses (above) at 262, 264 and 266 River Valley Road carry a guide price of S$2,500 psf based on the total built-up area. PHOTO: EDMUND TIE Updated from : The Business Times, 22 Oct 2020 A SLEW of shophouses in Singapore have been put up for sale or have been transacted this week, as … Continue reading Shophouse blitz: Tiong Bahru, River Valley, Bugis assets up for grabs

Future of HDB living will be smart, sustainable and keep pace with ageing population: DPM Heng

An upcoming housing development that will showcase the features and initiatives under the new HDB roadmap is Parc Residences @ Tengah.PHOTO: HDB Updated from : The Straits Times, 16 Oct 2020 SINGAPORE - The future of Housing Board (HDB) living will see smart fittings that give home owners the option of monitoring their energy consumption and … Continue reading Future of HDB living will be smart, sustainable and keep pace with ageing population: DPM Heng

HDB rental volume jumps in September as Malaysian workers return to Singapore

Updated from : The Business Times, 15 Oct 2020 THE phased reopening of Singapore's border with Malaysia boosted the property rental market last month, after rental volumes in August hit their lowest point in 12 months. Rents and leasings for both HDB and condominiums rose in September, according to flash data from real estate portal SRX … Continue reading HDB rental volume jumps in September as Malaysian workers return to Singapore