Sales of new private homes have held steady in recent weeks, according to the latest figures, despite global turmoil including Japan’s earthquake crisis and unrest in the Arab world. For now, buyers appear eager to sign up.
By 2020, per capita GDP will reach around US$55,000, from US$43,900 now, he says, making S’pore one of top 10 richest countries
Hong Leong Holdings, City Developments and TID emerged as the top bidder for a 99-year leasehold private condo site next to Bartley MRT Station.
A 60-Year leasehold industrial site at Ang Mo Kio Street 62 attracted strong demand when its tender closed yesterday.
Collective sales and hotels have been 2 bright stars in the property investment sales sector so far this quarter
Changi Business Park is fast turning into a banking hub with several banks already relocating there to expand and consolidate their operations away from the city centre.
The rebounding property market has led the Government to jack up the charges developers have to pay when they enhance the use of a plot of land.
Highlights of Singapore Budget 2011
Frasers Centrepoint, Far East Organization and Japan’s Sekisui House, which collectively put in the highest bid for a mixed use site in Punggol, plan to build a waterfront development with around 680 homes and a 365,000 sq ft retail mall if the site is awarded to them.
The URA launched a commercial land parcel in Paya Lebar Central for sale by public tender – the first site offered for sale in that area.
Singapore’s powerful economic rebound and Asia’s roaring growth lured companies from around the world to invest here last year. The strong investment momentum broke a few records and is expected to continue into this year, the EDB said yesterday.
The railway land swap agreement between Singapore and Malaysia is expected to boost property development opportunities in Tanjong Pagar, Spottiswoode, Bukit Panjang/Upp Bukit Timah.
With private home prices at record highs, industry players expect developments catering to the mass market to lead demand this year.
Economic growth momentum will likely remain intact this year, even as the headline gross domestic product (GDP) pace is expected to slow from 2010′s almost-15%.
A surge of interest in high-end and luxury homes pushed prices in the segment, which has underperformed the rest of the market over the last two years, to a fresh all-time high in Q4 2010.
Singapore and Shanghai rank top among Asian cities as the best real estate investment destinations, while Osaka and Manila are seen as the least ideal, an industry survey showed.
Home hunters from China are becoming a force to be reckoned with in Singapore. It is found that the Chinese accounted for 20% of private home transactions involving foreigners and PRs in the third quarter.
ROXY-PACIFIC Holdings will redevelop Kovan Centre in Yio Chu Kang into a residential-commercial building called Space @ Kovan. Roxy-Pacific executive chairman and CEO Teo Hong Lim shared these updates with BT.
A 1,119 sq ft penthouse at Icon, a four-year-old 99-year leasehold condominium, was transacted at a new high of $2,515 psf on Oct 15 at $2.8 million.
Some 70 units of The Lakefront Residences were sold over the weekend, bringing its total sales since Friday’s preview to 320 units.
In tandem with the strong economic rebound experienced in the first half of this year, small businesses in Singapore are the most bullish on growth prospects compared with their peers in Hong Kong, Malaysia and Australia. In a recent survey by CPA Australia, 85% of those polled in Singapore said that they are expecting [...]