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, [...]
The prime site occupied by popular nightspot Zouk, which is along the Singapore River, is under the Government Land Sales (GLS) with a minimum price of $689.35 million. The 99 leasehold plot in Jiak Kim Street is likely to hit a high in the land rate paid by developers under the GLS. The site has [...]
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 [...]
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, [...]
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 [...]
Buying and selling an HDB resale flat will soon be easier and faster with the introduction of the new HDB Resale Portal. As announced at MND’s Committee of Supply in March 2017, this is part of HDB’s continuous efforts to streamline its resale process, reduce transaction time and provide added convenience to flat buyers and [...]
Foreign Chinese developers sense there's a profit to be made from Singapore's feverish en bloc market. Due to limited options under the government land sales (GLS) programme, some have already plunged into the game while several others are checking out information on other available en bloc sites and learning how the process works. It will [...]
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 [...]
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 [...]
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 [...]
