Land Supply Raised For Second Half Of The Year

Land supply raised for second half of the year More development sites will be available to meet the demand for land from developers keen to capitalise on a recovering property market. But analysts warn that the slight uptick in supply for the next six months may not be enough to satisfy developers, who have [...]

2017-07-05T01:21:24+08:00July 5th, 2017|Property News|

Cooling Measures Stay Amid Risk Of Spillover Property Demand

Cooling measures stay amid risk of spillover property demand Property cooling measures remain "necessary" as there is a risk of pent-up demand spilling into Singapore if it eases rules now while other countries are tightening regulations on property investments. Managing director of the Monetary Authority of Singapore (MAS) Ravi Menon said on Thursday that [...]

2017-07-05T01:21:52+08:00July 5th, 2017|Property News|

Ex-Zouk Site, 4th Ave Plum Land Plots For Sale

Ex-Zouk site, 4th Ave plum land plots for sale Fancy living right where party types used to dance the night away at the iconic Zouk nightclub? The original site of what is arguably Singapore's best-known nightspot has been made available for developers to build up to 525 new homes on. But the developers must [...]

2017-07-05T01:04:48+08:00July 5th, 2017|Property News|

Lian Beng, Apricot buy Wilkie Edge for $280m

The mixed-use commercial and residential building Wilkie Edge, near Little India, is being sold for $280 million. Lian Beng Group and Apricot Capital, the private investment firm of Super Group's Teo family, have agreed to acquire Wilkie Edge from CapitaLand Commercial Trust (CCT). This works out to a price of $1,812 per square foot (psf) [...]

2017-07-04T18:29:24+08:00July 4th, 2017|Property News|

Private home prices seen rising as early as Q1 next year

The private housing market is close to its trough, say property consultants on Monday, given that the 0.3 per cent fall in the official benchmark price index in the second quarter is the smallest of the 15 quarters since the peak in Q3 2013. They expect the Urban Redevelopment Authority's overall private home price index to [...]

2017-07-04T18:26:31+08:00July 4th, 2017|Property News|

HDB resale prices dip 0.1% in Q2; market seen stabilising

Resale prices for public housing dipped 0.1 per cent in the second quarter, moderating from a 0.5-per-cent decline in the first quarter of the year. Analysts continue to see a stabilising trend in the resale housing market, with increased transactions as well as a steady supply of build-to-order (BTO) flats moderating price movements. They also [...]

2017-07-04T18:22:42+08:00July 4th, 2017|Property News|