Property News

Pandemic will change S’pore’s land-use plans and designs: Indranee

Updated from : The Straits Times, 5 Mar 2021 The coronavirus pandemic will change Singapore's land-use plans and designs, and has already raised questions on how much office and retail space is needed as people shift towards e-commerce and telecommuting, said Second Minister for National Development Indranee Rajah yesterday. To guide future development, the Ministry … Continue reading Pandemic will change S’pore’s land-use plans and designs: Indranee

Monthly record of 23 million-dollar HDB resale flats sold in February

With 13 million-dollar flats sold in January, the number of such buys total 36 for the first two months of the year - compared to just eight for the same period in 2020. PHOTO: CMG Updated from : The Business Times, 5 Mar 2021 The Housing Board resale market continued to perform strongly in February as … Continue reading Monthly record of 23 million-dollar HDB resale flats sold in February

Asia’s ultra-rich rank S’pore as region’s top pick for luxury homes

Updated from : The Straits Times, 2 Mar 2021 Singapore has become one of the world's most sought-after locations for buying investment homes as its safe-haven reputation has been further strengthened by moves to successfully manage the pandemic and support businesses. According to Knight Frank's Wealth Report released today, private home prices in the country's … Continue reading Asia’s ultra-rich rank S’pore as region’s top pick for luxury homes

Development charges down for commercial use, up for residential

Development charges (DC) for commercial land use have decreased while those for residential land use were raised, with the largest increases in prime areas such as Orchard Boulevard, Stevens Road, River Valley Road and Bukit Timah Road. DC rates for commercial land use were adjusted down by 1.5 per cent on average in the latest … Continue reading Development charges down for commercial use, up for residential

Property taxes are likely first stop for wealth tax review

Besides property, other options include reintroducing estate duty and following a model of taxation used in the cantons of Switzerland. BT FILE PHOTO Updated from : The Business Times, 1 Mar 2021 A REVIEW of wealth taxes to fund growing recurrent spending could centre on property taxes, with cooling measures potentially adjusted in tandem, say tax … Continue reading Property taxes are likely first stop for wealth tax review

En bloc sale of Dublin Lodge for $67.55 mil

The eight strata terraced houses of Dublin Lodge, which are now on the market for sale. The site can be sub-divided into 11 terraced house plots or amalgamated into a single mansion (Photo: Knight Frank) Updated from : Edgeprop Singapore, 26 Feb 2021 All the owners of the eight strata terraced houses at Dublin Lodge … Continue reading En bloc sale of Dublin Lodge for $67.55 mil

Queen Astrid Gardens condominium relaunched for collective sale at S$123.8m

Spanning 5,782.6 sqm, Queen Astrid Gardens condominium has been relaunched for sale with a reserve price of S$123.8m. PHOTO: KNIGHT FRANK Updated from : The Business Times, 23 Feb 2021 QUEEN Astrid Gardens has been relaunched for collective sale again with a lower reserve price of S$123.8 million, S$3 million less than the guide price listed … Continue reading Queen Astrid Gardens condominium relaunched for collective sale at S$123.8m

Marina Bay view could be priciest real estate feature here

Five penthouses at Marina Bay Residences, including an 11,012 sq ft triplex penthouse (above), were recently put up for collective sale at an indicative price of $138 million, which works out to about $4,884 per sq ft.PHOTO: TRISTAR PROPERTIES Updated from : The Straits Times, 21 Feb 2021 A panoramic view of the iconic Marina … Continue reading Marina Bay view could be priciest real estate feature here

Fujian buyers cast wider net in Singapore property market

The office unit at The Central being bought by an entity controlled by Wang Kuncheng occupies half of the 22nd floor in a V-shaped office tower that rises upto 25 storeys. PHOTO: GOOGLE MAPS Updated from : The Business Times, 11 Feb 2021 BUYERS from China's Fujian province continue to be drawn to Singapore property as … Continue reading Fujian buyers cast wider net in Singapore property market

East Coast development goes on collective sale by auction – the first since 1997

The freehold development is a three-storey structure housing six apartments. There are also eight car park lots in the 7,418 sq ft plot. The guide price is S$12 million. PHOTO: EDMUND TIE Updated from : The Business Times, 10 Feb 2021 A SMALL freehold apartment block off East Coast Road will soon be put up for … Continue reading East Coast development goes on collective sale by auction – the first since 1997