Sophia View is the first residential en bloc sale of 2019

Sophia View, a five-unit residential development in District 9, was sold in June to a private investor, making it this year’s first residential collective sale, reported Business Times. While marketing agent SRI refused to reveal the exact…

Gibraltar Crescent site to house Singapore’s first dementia care village

A site at Gibraltar Crescent has been put up for sale by public tender to pilot a dementia care village. In a joint release, the Urban Redevelopment Authority (URA) and the Ministry of Health (MOH) revealed that the site will be specifically…

Belmont Road GCB to go under the hammer

A Good Class Bungalow (GCB) at 80 Belmont Road is set to be auctioned on 23 July (Tuesday), carrying a guide price of $42 million or around $1,557 per sq ft (psf), reported The Straits Times citing Knight Frank Singapore. Situated near the Holland…

Singapore economic growth to drop to 0.9% by year-end

Fitch Solutions expects Singapore’s economic growth to fall to 0.9 percent by the end of the year, a reversal from its earlier forecast of 2.2 percent growth, reported Singapore Business Review. This comes after GDP growth shrank 3.4 percent…

June sales for new condos 25.5% higher than a year ago

Developers moved 821 units despite fewer units launched in June. Singapore’s private residential market achieved some semblance of stability a year after the government rolled-out additional cooling measures in July 2018. Last month, developers…

How you can install a mezzanine floor in your house

While mezzanine floors can easily double up the space capabilities of your home, they aren’t allowed by the authorities for a host of reasons. But this is how you can still install them without getting into trouble.     There’s…

Battle of the hottest Floating Rates: Fixed Deposit vs SIBOR

When it comes to purchasing your own home, many homeowners will start to wonder which home loan package to take up. Well, if you are one of them, you are in luck because the following is a detailed analysis as well as some advice. But before…

Why Is One Pearl Bank So Popular With Homebuyers?

Amid gloomy market conditions, the public preview of One Pearl Bank by CapitaLand drew over 4,000 prospective buyers to its sales gallery over the weekend of 13 and 14 July 2019.  What makes the project so popular? Below are some of our…

Chinese buyers lead return of foreigners in Singapore’s luxury homes

Despite the cooling measures and hefty levies last year, data showed an unexpected rebound in the market as foreigners, especially Chinese buyers, are once again flocking into Singapore’s luxury property market. Chinese buyers have recently…

Former residents among the 2,000 visitors at One Pearl Bank launch

One Pearl Bank attracted about 2,300 buyers during its opening, including former residents, two of which registered their intent to acquire units. However, a large part found that the new development is beyond their reach, even with the new…