Belmont Rd GCB fetches S$33.8m or S$2,243 psf A newly completed bungalow in Belmont Road developed by Melvin Poh and Victor Soh is being sold for S$33.8 million, or S$2,243 per square foot on the freehold land area of 15,069.46 sq ft. The property is in the Belmont Park Good Class Bungalow (GCB) Area. The [...]

Concerns about the swift rise in private home prices have prompted the authorities to further tighten cooling measures last night, in a surprise move that will lead to property buyers paying higher stamp duties. From today, Singaporeans and permanent residents have to pay 5 per cent more for their second and successive properties. For example, [...]

Last year saw the highest number of resale flat transactions cross the $1 million mark since the first Housing Board executive apartment hit that record price in 2012. Million-dollar transactions more than doubled to 46 last year from the previous year, and the momentum has not shown signs of slowing yet. Some 18 flat owners [...]

Two small condominiums suitable as sites for boutique developments were launched for collective sale on Tuesday, adding to the growing list of sites in the private en bloc market looking for a buyer. One is Jansen Mansion, a 12-unit development near Kovan MRT station, and the other is Blossom Mansions, a development with 20 units [...]

The Hong Leong Group has clinched the 154,000 sq ft Hillview Rise residential site with a top bid of S$460 million - thanks in part to its proposed innovative construction methods and management with a focus on productivity. Intrepid Investments and Garden Estates, subsidiaries of Hong Leong Holdings and Hong Realty respectively, submitted the top [...]

Some big-name developers are in the hunt for a commercial and residential site in Sengkang Central, with seven bids lodged at the tender closing yesterday. Most of them joined forces in joint ventures for the government land sale site, which was put on sale via what is called a dual-envelope system. There was a joint [...]

Come July, the developer behind the mega mixed-use project Marina One will find out whether its strategy four years ago of holding back half its 1,042 residential units from the market has paid off. M+S Pte Ltd, the joint-venture firm by Malaysia's Khazanah Nasional and Singapore's Temasek Holdings, will release 30 per cent of its [...]

A five-room HDB resale flat in Holland Drive has been sold for $1.1 million this month, setting a new record for the area even as Housing Board resale prices fell for the sixth consecutive quarter. Built under the Selected En bloc Redevelopment Scheme (Sers), the 38th-floor unit at Block 18C is the second flat to [...]

Gloria Mansion at Pasir Panjang Road is hitting the market on Tuesday for S$79 million, the latest to hop on the collective sale train here. The freehold 12-storey, 31-unit hilltop apartment building is five minutes away from Haw Par Villa MRT Station and close to West Coast Highway and the Ayer Rajah Expressway. The reserve price of [...]

Soilbuild Group Holdings has won the tender for the collective sale of Kemaman Point, a freehold 89-unit residential development in Balestier Road, with a bid of $143.88 million. Each owner stands to receive between $1.4 million and $2.32 million. The sale of the property is subject to several conditions, including an order of the sale [...]