Property News

Singapore condo resales hit 11-year high in April, prices rise 1.5%

Year on year, private home resale prices rose 5.8 per cent over April last year.PHOTO: ST FILE Updated from : The Straits Times, 12 May 2021 SINGAPORE - The private resale housing market remained robust with the number of condominium units resold in April hitting an 11-year high as prices rose 1.5 per cent from the … Continue reading Singapore condo resales hit 11-year high in April, prices rise 1.5%

Maxwell House sold en bloc to Chip Eng Seng, SingHaiyi for $276.8 million, above asking price

The building at 20 Maxwell Road was put on the market at a reserve price of $295 million in September 2020.PHOTO: CUSHMAN & WAKEFIELD Updated from : The Straits Times, 7 May 2021 SINGAPORE - The owners of Maxwell House, which has been around since 1971, were second-time lucky with their collective sale bid, snagging … Continue reading Maxwell House sold en bloc to Chip Eng Seng, SingHaiyi for $276.8 million, above asking price

S’pore’s outlook brighter this year, global recession less protracted than initially feared: PM Lee

In his May Day message to workers, PM Lee noted that external trends support Singapore's economic recovery and justify confidence in its prospects.PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION Updated from : The Straits Times, 30 Apr 2021 SINGAPORE - The outlook for Singapore has brightened considerably compared with a year ago, with the global recession turning out … Continue reading S’pore’s outlook brighter this year, global recession less protracted than initially feared: PM Lee

En bloc punts in play, but price gap threatens to spoil the party

"With the shortage of land supply and keener interest from developers, many potential en-bloc sale owners are exploring whether this is the right time to try again," JLL wrote. ST FILE PHOTO Updated from : The Business Times, 25 Apr 2021 MORE properties could soon be put up for sale en bloc, as unit owners hope … Continue reading En bloc punts in play, but price gap threatens to spoil the party

Blackstone eyes more Singapore property after buying Sandcrawler building for $176m

The Sandcrawler deal marks Blackstone's first Singapore property acquisition under its "core plus" strategy.PHOTO: ST FILE Updated from : The Straits Times, 21 Apr 2021 SINGAPORE (BLOOMBERG) - Blackstone Group is seeking to invest in more properties in Singapore to capitalise on rising demand for office space among technology firms expanding in the city-state. The … Continue reading Blackstone eyes more Singapore property after buying Sandcrawler building for $176m

New private home sales in S’pore hit 4-year high for March as buyers flocked to high-end condos

Updated from : The Straits Times, 16 Apr 2021 SINGAPORE - Buyers jumped in after the Chinese New Year break in anticipation of an economic recovery, sending new private home sales last month to 1,296 units - the highest March take-up since 2017 and double the 645 units sold in February. Year on year, developers … Continue reading New private home sales in S’pore hit 4-year high for March as buyers flocked to high-end condos

URA, HDB launch Lentor Central, Tampines Street 62 GLS sites for tender

Updated from : The Business Times, 16 Apr 2021 THE Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) on Thursday launched two sites at Lentor Central and Tampines Street 62 (Parcel A) for tender. Both sites, which have a lease period of 99 years, fall under the confirmed list in the first … Continue reading URA, HDB launch Lentor Central, Tampines Street 62 GLS sites for tender

URA extends Jalan Anak Bukit site’s tender deadline to June 29

The tender deadline for the 3.22 hectare land parcel was initially on March 30. The site can potentially yield about 845 private homes. PHOTO: URA Updated from : The Business Times, 6 Apr 2021 THE tender for the commercial and residential site along Jalan Anak Bukit, near Beauty World MRT station, will now close on June … Continue reading URA extends Jalan Anak Bukit site’s tender deadline to June 29

Million-dollar HDB flats bank on size, views, location and bullish resale market

Administrator Catherine Ng sold her five-room flat in Clementi Avenue 3 for $1.08 million last December.ST PHOTO: NG SOR LUAN Updated from : The Straits Times, 29 Mar 2021 Large units on high floors with unblocked views in a convenient location - these are the common attributes of Housing Board flats that changed hands for … Continue reading Million-dollar HDB flats bank on size, views, location and bullish resale market