Singapore GDP growth slows to 0.1% in Q2 2019

While the economy grew by 0.1 percent in the second quarter, it’s still lower than the 1.1 percent growth recorded in the previous quarter. Although the manufacturing sector declined by 3.8 percent, both the construction and services-producing…

You can now apply for Piermont Grand EC online

Piermont Grand, the first executive condominium (EC) to be launched this year, is now open for e-applications, with bookings to be conducted on 27 July. Developed by City Developments (CDL) and TID, the 820-unit development overlooks My Waterway@Punggol,…

One Pearl Bank To Preview This Saturday

The sales gallery of One Pearl Bank, the development replacing the iconic One Pearl Bank Apartments, will be opened for public viewing this Saturday (13 July), with bookings starting from 20 July. Set to become the tallest residential development…

Singapore’s building sector to grow 3.2% in 2019

Fitch Solutions expects Singapore’s building sector to grow by 3.2 percent this year and 2.3 percent in 2020, on the back of strong pipeline of planned buildings. Singapore Business Review reported that the firm attributed the faster pace…

Singapore just sold its most expensive condo ever

British billionaire James Dyson, inventor of the bagless vacuum cleaner, has snapped up the most expensive apartment in Singapore, where his company plans to build an electric car. Earlier this week, Dyson and his wife, Deirdre made headlines…

Luxury Home Sales Fell 33.8% in 1H2019

Sales of high-end private landed homes above $5 million slowed, falling 33.8 percent to $1 billion in the first half of 2019 from the previous period, revealed a Knight Frank report. On an annual basis, sales of such homes declined 53.51 percent. URA…

Hoa Nam Building up for en bloc sale for $160 million

Freehold mixed-development Hoa Nam Building at 27 Foch Road has been put up for en bloc sale, carrying an asking price of $160 million.This works out to $1,866 per sq ft (psf) based on the property’s gross floor area (GFA) of 85,744 sq…

HDB received 3,300 complaints on suspected unauthorised flat rentals in 5 years

The Housing and Development Board received around 3,300 cases of feedback on suspected unauthorised rental of flats, disamenities or overcrowding of flats by foreign and non-foreign tenants between 2014 and 2018. This is according to the Ministry…

PropertyGuru appoints new country manager for Singapore

Asia’s leading property technology firm, PropertyGuru Group has appointed property industry veteran Dr Tan Tee Khoon as the new Country Manager for Singapore. With three decades of experience in Singapore’s property industry, Dr…

Singapore to have one of the world’s smallest infrastructure gap by 2040

With the government expected to invest US$87.8 billion from 2018 to 2040, Singapore is set to have one of the world’s smallest infrastructure gap at US$400 million (S$544.3 million) in 2040, according to the Association of Chartered…