Vertical “kampung” to rise next to Yew Tee MRT station in 2026

The development will be modelled after Kampung Admiralty, with housing and facilities for seniors, including a community club, a polyclinic and a kidney dialysis centre. The north-western part Singapore will be the site for a vertical “kampung”,…

Sales of Singapore high-end apartments reach 11-year high

For the first eight months of this year, 68 condominium units in the city state were sold for at least $10 million each, the highest mark since the corresponding period in 2008. Sales of apartments in Singapore valued at $10 million have reached…

Foreigners buy 249 condominium units in Q2 2019

This is the first quarterly increase seen since the cooling measures back in July 2018.  The share of foreigners who purchased non-landed residential properties in the second quarter of this year grew to 249 units or 5.9 percent…

First three TEL stations to open in late-January

At 43km long, it will be the sixth MRT line in Singapore. It will have 32 stations, eight of which are interchange stations, connecting neighbourhoods like Marine Parade, Thomson, Bedok and Toa Payoh to the Central Business District. Transport…

New pricing model for Greater Southern Waterfront flats

Wong explained that the new measures are aimed at providing “a better balance between new and resale (flats) in terms of grants” In a bid to mitigate the “lottery effect” of securing a subsidised flat within the Greater…

Changi region to have new roads and cycling paths

For the Changi Northern Corridor, a three km-cycling path covering Nicoll Drive, Aviation Park Road, Telok Paku Road, Changi Coast Road and Loyang Avenue will be constructed. Image source: URA In a bid to improve connectivity within the Changi…

HDB issues $500m fixed rate notes

Rated Aaa by Moody’s Investors Service, the notes are in denominations of $250,000 and come with a coupon of 2.3 percent per annum payable semi-annually in arrear. The Housing and Development Board (HDB) on Wednesday (18 September) issued…

Geylang shophouses damaged in fire found to be overcrowded

The URA is also investigating whether the units were converted into dormitory accommodation without any proper authorisation. A spokesman for the Ministry of Manpower revealed that the two shophouses at Geylang Lorong 4 which were damaged in…

Parc Clematis accounted for 28.17% of August’s sales

According to reports, buyers generally remained price-sensitive and value-discerning, opting for projects near transport links and priced at affordable quantum. Parc Clematis, the top selling private residential project in August, accounted…

Garlick Avenue bungalow for sale for $16.5m

Nestled on the highest point of Garlick Avenue, the freehold property sits on a 9,221 sq ft elevated site, which enjoys a 27-metre frontage. A detached single storey bungalow at 72 Garlick Avenue in District 10 has been put up for sale via expression…