Property News

St Thomas Walk property owned by one family on sale for $68m

SINGAPORE - A freehold residential redevelopment site at St Thomas Walk has been put up for sale by a single family for $68 million. The asking price reflects a land rate of $2,190 per square foot per plot ratio (psf ppr) including an estimated development charge of $10.56 million to intensify to plot ratio 2.8, … Continue reading St Thomas Walk property owned by one family on sale for $68m

Tenders for sites in Cuscaden Road, Mattar Road and Silat Avenue go to highest bidders

The site at Cuscaden Road, a 5,722.5 square metre residential development, was awarded to Amberden Pte Ltd, FEC Properties Pte Ltd and Orchard Square Pte Ltd. PHOTO: URA SINGAPORE - The Urban Redevelopment Authority of Singapore (URA) on Thursday (May 17) announced that the tenders for the sites in Cuscaden Road, Mattar Road and Silat Avenue … Continue reading Tenders for sites in Cuscaden Road, Mattar Road and Silat Avenue go to highest bidders

Far East bags coveted Holland site for S$1.2b

A CONSORTIUM led by property giant Far East Organization, which has clinched a coveted commercial and residential site in Holland Road, is planning a development with apartments for sale, dual office/residential use units, offices, retail space and serviced residences on the site. Far East Organization executive director of property services Augustine Tan, on behalf of … Continue reading Far East bags coveted Holland site for S$1.2b

1,500 flats to be launched in Singapore’s first ‘Forest Town’

An artist's impression of Tengah, which will have a car-free town centre. National Development Minister Lawrence Wong said that over the next few years, there will be a steady stream of flats in Tengah, which is Singapore's first new town in more than 20 years.PHOTO: HDB The first batch of 1,500 Housing Board flats in … Continue reading 1,500 flats to be launched in Singapore’s first ‘Forest Town’

Singapore’s old shophouses a promising haven for investment

Good shophouse deals are hard to find and those that are partly residential are not available to foreigners. But last year saw 148 transactions, topping $1 billion, a 40 per cent jump over 2016, according to CBRE's analysis.ST PHOTO: KELVIN CHNG As a hiding place from US President Donald Trump's trade war against China, a … Continue reading Singapore’s old shophouses a promising haven for investment

24km Jurong Region Line to open from 2026

Transport Minister Khaw Boon Wan, flanked by Education Minister and fellow Sembawang GRC MP Ong Ye Kung and Government Parliamentary Committee for Transport chairman Sitoh Yih Pin, unveiling the Jurong Region Line's alignment at the site of the future Canberra MRT station yesterday. With them were executives from the Land Transport Authority. Canberra station, on … Continue reading 24km Jurong Region Line to open from 2026

5 Things To Know Before Buying a Second Property In Singapore

Buying investment property that you can rent out to earn rental income is a common Singaporean dream. Many see this as a gateway to achieving early financial freedom or creating a sustainable income stream in retirement. But there is another side to buying investment property and it can be a risky move that can wreck … Continue reading 5 Things To Know Before Buying a Second Property In Singapore

URA To Adjust Guidelines If Developers Build Too Many Shoebox Units

The Urban Redevelopment Authority (URA) said on Wednesday (3 May) that it will intervene, if needed, to prevent property developers from building too many tiny apartments or shoebox units amidst the ongoing collective sales fever. “We agree that shoebox units should not form a disproportionately large portion of Singapore’s housing stock,” wrote Goh Chin Chin, … Continue reading URA To Adjust Guidelines If Developers Build Too Many Shoebox Units