Entries by The Colab Team

Singapore’s economy expected to have 0.5% growth in 2019

Meanwhile, MAS expects global economic growth in 2019 to slow down “discernibly” and then stabilise in 2020 “barring further shocks”. Singapore’s economy is expected to grow 0.5 percent in 2019, with the 2020 growth prediction being below consensus at one percent, reported Singapore Business Review citing Bank of America Merrill Lynch (BofAML) Global Research. The […]

This post was originally posted on Property Guru Property Market News Section

Contract to install noise barriers along North-South, East-West Lines awarded

Once completed in 2023, LTA expects the noise barriers to reduce noise levels from passing trains by five to 10 decibels. Image source: LTA A contract to design and install 5.5km of railway noise barriers under the third phase of the Land Transport Authority’s (LTA) railway noise barrier programme has been awarded to PBT Engineering. […]

This post was originally posted on Property Guru Property Market News Section

Exhibition highlights need for age-friendly neighbourhoods

The exhibition consists of design solutions and considerations for Singapore’s increasingly ageing population. With one in four Singaporeans aged 65 or older by 2030, the latest Urban Lab exhibition turned their focus on design solutions that support seniors. Organised by the Urban Redevelopment Authority (URA), the eighth instalment of the Urban Lab exhibition series covers ageing-related […]

This post was originally posted on Property Guru Property Market News Section

Residential investment sales surge 90.1% in Q3

However, residential investment sales for this year is expected to fall 55 percent from last year’s record level, due to a weaker en bloc market.  Singapore saw residential investment sales increase 90.1 percent quarter-on-quarter and 4.7 percent year-on-year to $3.1 billion in the third quarter of 2019, revealed a Colliers International report. This brings the […]

This post was originally posted on Property Guru Property Market News Section

Children’s future economic status influenced by type of housing parents own

Findings from the research showed that children from lower-income families enjoy greater mobility in housing wealth, while children from middle-income families tend to face downward mobility in housing wealth.  A recent research by the National University of Singapore (NUS) revealed that the type of housing owned by Singaporean parents, coupled with the country’s housing policies, […]

This post was originally posted on Property Guru Property Market News Section

Does my property have en bloc potential?

During the en bloc craze some 18-24 months ago, many of the beneficiaries became overnight millionaires. A millionaire, overnight. I doubt there is any other phrase as sexy. As such, many of the rest of us will be wondering if we too can join their esteemed ranks. How would we know if our condominiums, or […]

This post was originally published on Redbrick Blog Section

New home sales hit a 14-month high in September

Developers sold 1,270 private homes in September, driven by several new launches, including Avenue South Residence, which sold 361 units.     With developers revving up launches following the Hungry Ghost month, new private home sales in Singapore soared to its highest level in September since July 2018. Urban Redevelopment Authority (URA) data showed that developers […]

This post was originally posted on Property Guru Property Market News Section

The Midwood to open for preview this Saturday

Hong Leong Holding’s 99-year leasehold development in the Bukit Timah area comprises of one- to four-bedroom units ranging between 484 sq ft and 1,259 sq ft.  The Midwood, Hong Leong Holding’s 564-unit residential project at Hillview Rise, is set to open for public preview this Saturday (19 October), with the showflat located along Elizabeth Drive. Nestled […]

This post was originally posted on Property Guru Property Market News Section