Private home prices expected to rise by 3-10% in 2018

Property prices in Singapore could rise at a median rate of 5.5 percent. Analysts believe Singapore’s private housing market has indeed rebounded, with prices increasing for two straight quarters following a four-year slump. In fact, a…

Eunos Mansion up for en bloc sale at asking price of $218m

Built in the mid-1980s, Eunos Mansion features 107 apartments. (Photo: Cushman & Wakefield) The freehold Eunos Mansion development has been put up for collective sale with a reserve price of $218 million, which works out to $1,219 psf per…

New Futura condo sells 18 units at average price of $3,200 psf

18 of the 25 units released for sale were sold at an average price of $3,200 psf. New Futura, City Development Limited’s (CDL) luxury condominium project at Leonie Hill Road, received positive response from buyers, with 18 units sold at…

Kismis View sold en bloc for $102.75m

The residents of the 43-unit residential development will receive gross sales proceeds ranging from $1.6 million to $3.3 million. (Photo: JLL) Kismis View, a 99-year leasehold condominium built in 1984 and sited on a 90,863 sq ft land parcel…

Developer stocks may increase by up to 15 percent

After witnessing a good run in 2017 on expected property market recovery, developers who can turn anticipation to reality with higher selling prices and strong property sales will enjoy further re-rating, reported Business Times. As such, analysts…

Lian Beng to ride wave of housing market recovery

Rio Casa, a 286-unit development has been sold collectively for $575 million to Oxley-Lian Beng Venture Pte Ltd. Singapore-listed construction company Lian Beng Group has positioned itself to take advantage of the recovering private housing…

Co-living gains traction in Asia

Hmlet’s co-living space in Joo Chiat, Singapore. (Photo: Hmlet) Co-living is gaining popularity among millennials in Asia, especially in markets such as Hong Kong and greater China, where housing cost remains high, revealed a JLL report. This…

S’pore start-up launches tiny homes

The units will be initially installed in Australia and listed on Airbnb, with rents ranging from $150 to $250. (Image source: Big Tiny)  Local start-up Big Tiny has come up with an innovative idea of building small homes on wheels, which…

Hollandia up for collective sale

The collective sale of Hollandia has an indicative price of $163.15 million ($1,515 psf ppr). (Photo: Savills) The 48-unit Hollandia residential development located at the junction of Holland Road and Queensway in District 10 has been launched…

Two Airbnb hosts to plead guilty to illegal home-sharing

The lawyer of two Airbnb hosts who were charged in Singapore with unauthorised short-term letting expects both men to plead guilty in February, reported Reuters. Court documents show that the two men – 34-year old Yao Song Liang and 35-year…