Kampung Admiralty gets highest accolade for landscape architecture

Featuring a “vertical kampung” design, Kampung Admiralty complex is poised to receive an award for outstanding landscape architecture today, reported The Straits Times. The 11-storey hub, which integrates residential units with shops,…

Aspial Corp records $7.51m in earnings in 9M 2017

Aspial Corporation’s net profit soared by more than five-fold to $7.51 million in 9M 2017 compared to $1.38 million in the same period a year ago, revealed an SGX filing on Wednesday (8 November). However, the jewellery seller and property…

Widow sues grandson over Farrer Road family home

Claiming a 60 percent stake in the $4 million Farrer Road family home, 80-year-old widow Madam Lim Hoon Neo sued her 39-year-old grandson, Ang Wee Chai who had been named by her husband sole executor of the estate, reported The New Paper. She…

GuocoLand named as top local developer in PropertyGuru awards

Tanjong Pagar Centre, named as Singapore’s Best Green Development at the PropertyGuru Asia Property Awards. GuocoLand has been crowned as the city-state’s best developer at the PropertyGuru Asia Property Awards (Singapore) 2017 held…

CapitaLand profit up 28.1% in Q3

Funan Mall redevelopment that cost $560m, targeted to be completed in Q4 of 2019. (Photo: Capitaland) CapitaLand saw its net profit for the third quarter of 2017 increase 28.1 percent to $317 million from $247.5 million over the same period…

Singapore a success story in urban planning, says former HDB CEO

View of rush hour traffic in Singapore. Singapore’s former master planner Dr Liu Thai Ker said the city-state is a success story in urban planning due in part to strong government support. Speaking to attendees on Tuesday (7 November)…

Gov’t urges private home owners with short remaining leases to plan ahead

The government encourages Singaporeans residing in properties with short remaining leases to plan ahead and look for alternative housing early, said the Ministry of National Development in a written answer to Parliament on Monday. It noted that…

En bloc sales soars by over 4-fold, says MND

An aerial view of Rio Casa, a 286-unit development at Hougang Avenue 7. (Photo: Knight Frank Singapore) Collective sales have surged from around 600 units for the whole of 2016 to about 2,700 existing private homes so far this year, revealed…

TDSR framework, implemented to moderate prices

Artist’s impression of West Scape at Bukit Batok. (Photo: HDB) The median price gap between private housing and HDB Build-to-Order (BTO) flats in the outside central region – where majority of the BTO flats were built over the past…

United Industrial Corp’s Q3 revenue surges by 55%

Artist’s impression of Pollen & Bleu, an eight-storey condominium in Farrer Drive. United Industrial Corp’s (UIC) net profit and revenue respectively surged by 49 percent and 55 percent to $95.54 million and $405.47 million in…