CDL sells more than 50% units at Irwell Hill Residences during launch weekend.

On April 11, Singapore-listed company City Developments Ltd (CDL) revealed that 278 units of its 540-unit Irwell Hill Residences project were snapped up on launch weekend. Each unit sold under the luxury development averaged $2,700 per square feet.   80% of the buyers were Singaporeans and the remainder were Permanent Residents and foreigners from China, [...]

2021-04-13T11:18:03+08:00April 13th, 2021|Property News|

HDB Resale prices increase for 9th consecutive month in March

HDB Resale prices rose for the ninth continuous month in March. This was due to a combination of delays in Build-to-Order (BTO) flats, rising private property prices and better market sentiments.   Resale prices grew by 0.8% during March compared to the month before based on information from SRX, a real estate portal.   Resale [...]

2021-04-09T15:36:39+08:00April 9th, 2021|Property News|

85% BTO projects face delays between 6 to 9 months

Around 43,000 households will get their (Build-To-Order) BTOs at a later date due to construction delays from lack of manpower and supply chain disruptions.   There are currently 89 BTO projects ongoing, and 85% of them are behind schedule. This is according to the Ministry of National Development release on Monday, April 5.   So [...]

2021-04-08T18:13:40+08:00April 8th, 2021|Property News|

Private residential property price increases

Private home prices continue to grow, and that growth is increasing. Residential property price increases began soon after the Circuit Breaker and has been increasing for the first three months of 2021. The URA(Urban Redevelopment Authority) estimates that private property index increased 2.9% quarter on quarter faster than the 2.1% quarter on quarter increase during [...]

2021-04-08T17:36:28+08:00April 8th, 2021|Property News|

Singapore Property News & Views 1st October 2019

  30 September 2019 Mapletree trust to buy $1.55b business park in Pasir Panjang The Straits Times, 28 Sep 2019, Sat Mapletree Business City Phase 2 spans 40, 50, 60, 70 and 80 Pasir Panjang Road. PHOTO: MAPLETREE COMMERCIAL TRUST MANAGEMENT Mapletree Commercial Trust (MCT) is proposing to buy a business park in [...]

2019-10-01T12:17:10+08:00October 1st, 2019|Property News|

Singapore Property News & Views 25th September 2019

  Tale of two cities for recent condo launches The Business Times, 25 Sep 2019, Wed During the weekend before last, four new private residential projects were put on the market and all of them had posted relatively tepid sales, ranging from five units for Cuscaden Reserve to 21 units at Meyer Mansion. Source: [...]

2019-09-25T13:25:53+08:00September 25th, 2019|Property News|

Singapore Property News & Views 9th July 2019

Sentosa Cove past its prime? The Business Times, 8 July 2019 By KALPANA RASHIWALA Property prices on the isle, once pitched as Singapore's playground for the rich and famous, are lagging far behind the mainland prime market IT HAD been marketed as "the world's most desirable address" and pitched as a playground for the rich [...]

2019-07-09T11:54:06+08:00July 9th, 2019|Property News|

Singapore Property News & Views 2nd July 2019

2nd July Singapore Property News and Views   HDB resale prices slide 0.2% in Q2 Housing and Development Board (HDB) resale flat prices dipped 0.2 per cent in the second quarter of this year compared with the quarter before, according to the latest HDB flash estimates released on Monday. The resale price index was 130.8, [...]

2019-07-03T15:06:02+08:00July 2nd, 2019|Property News|

Singapore Property News & Views 18th June 2019

    18th June Singapore Property News and Views 71 Robinson Road quietly put on the market Stealth marketing is going on at 71 Robinson Road, which was last transacted in April 2008 at a then-record price of S$3,125 per square foot. The Business Times understands that an expression-of-interest exercise to find a buyer for [...]

2019-07-02T15:00:58+08:00June 18th, 2019|Property News|