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, [...]
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 [...]
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 [...]
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 [...]
Is Clementi HDB Considered Best HDB Estate in Singapore? Not too long ago, there have been 2 resale transactions that exceed $1 million dollars in Clementi HDB estate in the block 441a Clementi ave 3. Two flats at Block 441A Clementi Avenue 3 were sold for $1.068 million and $1.038 million in June 2018 [...]
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 [...]
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: [...]
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 [...]
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, [...]
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 [...]
