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…

OUE revenue down 56.6% in Q3 2017

Oakwood Premier OUE Singapore is a 268-unit luxury serviced apartment, located in the heart of Singapore. Mainboard-listed OUE Limited saw its revenue for the third quarter of 2017 drop 56.6 percent to $182 million, due to the absence of $205.0…

Oxley buys freehold mixed-use site for $14.5m

A wholly-owned unit of Oxley Holdings has exercised an option to purchase a 462 sq m freehold site at Tessensohn Road for $14.5 million, revealed an SGX filing on Friday (3 November). The vacant land zoned for residential with commercial at…

Parc Botannia in Sengkang to launch at prices starting from $548,000

Artist’s impression of Parc Botannia. Parc Botannia, the last residential project to launch in 2017, will open its showflat to buyers on 11 November, said developers Sing Holdings and Wee Hur Holdings. Sing Holdings owns a 70 percent stake…

URA confers heritage award to 2 buildings

The Cathedral of the Good Shepherd, one of the oldest Roman Catholic church in Singapore is one of the recipients of the Architectural Heritage Award. (Photo: URA) In recognition for the high standard of restoration work done, two buildings…

Reserve list site at Fourth Avenue triggered for sale

The 99-year leasehold site next to Sixth Avenue MRT station could yield about 455 homes. (Photo: URA) A reserve list site at Fourth Avenue in Bukit Timah has been triggered for sale after an unnamed developer committed to a minimum bid of $448.8…