Subdued interest in two Government Land Sales sites

Aerial view of the sale site at Dairy Farm Road. (Photo: URA) Interest in two Government Land Sales sites at Dairy Farm Road and Jalan Jurong Kechil was subdued after their tender exercises closed with five and three bids respectively. This…

Qingjian Realty launches Singapore’s first fully-smart private development

Source: Qingjian Realty Qingjian Realty has unveiled the first fully-smart private development in Singapore, JadeScape. Located in Shunfu Road, at the former site of Shunfu Ville, the new development will offer 1,206 residential units, of which…

Developers that acquired expensive land to feel brunt of new property curbs

Experts revealed that real estate developers that bought pricey land in Singapore’s prime districts during the most recent en bloc cycle prior to the implementation of the new property curbs are the most at risk from the fresh cooling…

Waterfront Punggol flats a hit among buyers

The newly launched Housing Board flats in Punggol attracted more attention than those in Yishun, with 5,608 applications received for 1,221 three-room and bigger flats, or 4.6 times as many, as at 5pm on Monday (3 September), reported The New…

HDB flat prices to appreciate, but not as fast as before, Khaw

Minister for Transport Khaw Boon Wan debunked claims that Housing and Development Board (HDB) flats are not assets due to their 99-year lease tenure by saying that buyers of a 50-year-old HDB unit can still expect prices to increase over the…

Development charge for private condos hiked by up to 33%

The development charge (DC) rate for landed housing in Singapore remains the same from 1 Sep 2018 to 28 Feb 2019, while that for non-landed residential was increased by 9.8 percent on average, said the Ministry of National Development (MND)…

“Win-win deal” on HSR to be announced soon

Singapore and Malaysia are expected to announce soon a mutually beneficial agreement regarding the Kuala Lumpur-Singapore High-Speed Rail (HSR), reported Channel NewsAsia. “We are inching closer to a win-win deal on HSR thanks to the hard…

More developers think that private condo prices will fall

There was a reversal of market sentiment among Singapore home builders after the new property cooling measures were introduced on 6 July, reported the Business Times. In fact, the Real Estate Sentiment Index (RESI) compiled by the National University…

CapitaLand buys landed housing site in Vietnam for S$81.4mil

CapitaLand is buying a prime site in Ho Chi Minh City for VND1,380 billion (approx. S$81.4 million), with the 60,000 sq m land parcel expected to contain over 100 landed housing when the development is completed by 2021. This marks the Singapore-listed…

APAC Realty expands into China with Hainan JV

In a bid to penetrate the China market, APAC Realty Limited entered into a joint venture (JV) agreement with two Chinese companies – Zhong Zhi Sheng He Real Estate Investment Consulting Co and Bei Guo Tou (Shanghai) Equity Investment and…