HDB to halve time taken for resale transactions

The time taken to buy or sell a resale flat will be cut from 16 weeks to about eight from next year, with a revamped HDB resale portal. As part of the country's Smart Nation push, this upgraded portal will also reduce the number of appointments needed to complete a deal from two to one, [...]

2017-10-20T11:29:35+08:00October 20th, 2017|Property News|

Changi Garden sold en bloc for $248.8m to Chip Eng Seng

Owners at Changi Gardens have sold their estate for 27 per cent above their collective asking price. Chip Eng Seng Corp, a mainboard-listed developer has beaten eight other bidders to buy the condo for $248.8 million. Owners of the residential apartments will receive about $2.1 to $2.2 million and penthouse owners will receive about $4 [...]

2017-10-19T15:43:26+08:00October 19th, 2017|Property News|

Ready to swop gated condos for open-plan ones?

One-North Residences in Buona Vista is a condominium but its outdoor plaza and the retail outlets on the ground floors of its residential blocks - which include a minimart and cafeteria - are open to the public. A mix of low gating and transparent barriers gives the public a glimpse into the green spaces within, [...]

2017-10-19T21:03:13+08:00October 19th, 2017|Property News|

Collective sales – reuse, renew, recycle

The number of successful collective sales in the last six months has attracted much media attention. Most analysts focus on the high prices paid by developers or the substantial additional supply that could result as the sites are redeveloped. Collective sales are a successful model for urban rejuvenation and developers' exuberance is indicative of Singapore's [...]

2017-10-19T20:57:03+08:00October 19th, 2017|Property News|

Keeping collective sales on even keel

The high number and quantum of collective sale deals done this year has became the talk of the town. Such sales offer a useful way to optimise the use of land, allowing older developments to make way for fresh designs that appeal to today's buyers, and perhaps even offer "green" features. From a national point [...]

2017-10-18T07:39:25+08:00October 18th, 2017|Property News|

Nim Gardens, Ridgewood owners form collective sales committees

The en bloc fever is stoking more property owners into action, spurring another batch of sites to hop on the bandwagon of collective sales attempts over the weekend. Collective sales committees (CSC) were formed for Nim Gardens in Seletar Hills and Ridgewood Condominium at Mount Sinai in prime District 10. Owners of Dover Parkview condominium [...]

2017-10-18T07:12:59+08:00October 16th, 2017|Property News|

Leonie Gardens to try to sell estate en bloc

Leonie Gardens in Leonie Hill, which is off Grange Road and River Valley Road is the latest to join the fray in the collective sales market. This is the first time the condomium has made a move for its collective sale attempt. A formation of the sales committee has been formed. With more estates in [...]

2017-10-18T07:00:04+08:00October 16th, 2017|Property News|