Gerald Crescent redevelopment site up for sale for $25mil

Working out to around $785 per sq ft (psf), the 31,882 sq ft site located within the Seletar Hills landed housing estate currently houses a vacant bungalow. The tender for 2F Gerald Crescent closes on 9 February. Image: Edmund…

Parc Central Residences EC opens for e-application

Located at Tampines Avenue 10, prices start from $956,000 for the three-bedders, $1,258,000 for the four-bedders and $1,609,000 for the five-bedders. Image: Parc Central Residences Parc Central Residences, an executive condominium (EC)…

Holland Rise GCB site for sale for $68mil

The freehold vacant plots occupy a combined land area of 52,992 sq ft. Buyers have the option to acquire a single plot or multiple plots. Image: Cushman & Wakefield A Holland Rise Good Class Bungalow (GCB) site comprising three adjoining…

Singapore: A city for businesses of the future world

Singapore has consistently challenged the expectations of many around the world. Despite having only 55 years under her belt since her independence, our nation has achieved leaps and bounds in the successes achieved. In 2020, Singapore faced…

Haidilao chairman’s son granted option to purchase Gallop Road bungalow

Reserved for purchase only by Singapore citizens, bungalows within the 39 gazetted Good Class Bungalow (GCB) Areas are Singapore’s most prestigious form of landed housing. Image: A GCB on Gallop Road via Google Street View The son…

Clementi Forest to retain residential zoning

The site came under the spotlight after a drone footage of its green space went viral in October and a petition was started seeking for the area’s conservation as a nature park. Image: Brice Li via Facebook The Clementi Forest, which…

Vacancy rate for rent in private residential market to rise up to 9% this year

Residential landlords are advised not to rely on the expansion of Chinese tech firms in Singapore such as Tencent and Alibaba to fill the growing number of empty homes, as experts believe that it is still too early to predict how many foreigners…

Singapore’s economy contracted 3.8% in Q4, 5.8% in 2020

On a seasonally-adjusted basis, the economy grew 2.1%, after expanding 9.5% in Q3 2020. The Singapore economy shrank 3.8% year-on-year in the fourth quarter of 2020, an improvement from Q3 2020’s 5.6% contraction, showed advance estimates…

Private residential prices up 2.1% in Q4, 2.2% in 2020

Looking ahead to 2021, overall private home prices is expected to rise by 1% to 4%, while new home prices may increase at a faster pace of between 2% and 5%, says Christine Sun, Head of Research and Consultancy at OrangeTee and…

KL-Singapore HSR termination: a chance for govt to re-examine Jurong plans

Experts see this as an opportunity for Singapore to review its plans for Jurong as a second CBD amid the changing work culture in a post-COVID-19, climate-changing world. Analysts believe the termination of the Kuala Lumpur-Singapore High-Speed…