Sengkang Grand Residences apartments to open for preview on Friday, with units priced from $798,000

Located in Sengkang Central, the residential component comprises 680 residential units that are spread across nine blocks. Prices start from $798,000 for the one-bedroom with a study unit.   Property developers CapitaLand and City…

HDB’s deficit increase to $2b

The Housing and Development Board saw its annual deficit rise to nearly $2 billion, due to a combination of fewer flat sales, disbursement of CPF housing grants, as well as the expected loss of flats under development.  With fewer flats…

Singapore’s core inflation gauge rises by 0.7 percent in September

However, overall inflation grew by 0.5 percent from September last year, remaining the same from the month earlier. The cost of retail goods, electricity and gas, and accommodation saw a decline year-on-year. Singapore’s core inflation…

Delta-shaped site at 62 Florence Road for sale for S$13.5m

The unique delta-shaped site is zoned Residential under the 2019 Draft Master Plan and has a land area of around 15,871 sq ft with a 1.4 plot ratio. A residential site located at 62 Florence Road, off Upper Serangoon Road, has been put up for…

Agents’ professional standards have improved, say property industry players

A CEA spokesperson has observed an “overall decrease” in complaints relating to agents acting against their clients’ interest or unethically from 2017 to 2018.  The professional standards of real estate agents have improved…

Property agent fined and suspended for unethical and unprofessional conduct

James Ngu was fined and suspended by the Council for Estate Agencies (CEA) for trying to negotiate for a higher commission for himself.  Ngu Ping Chuan James Ethan, PropNex Realty Pte Ltd property agent, was fined $30,000 for three violations…

Remove income ceiling for first-time HDB buyers, Ho Ching

In vouching for public housing, Mdm Ho said people should make a smarter wealth choice by opting to live in HDB housing. Ho Ching, the wife of Prime Minister Lee Hsien Loong, has urged policymakers to remove the income ceiling for first-time…

Singapore’s economy expected to have 0.5% growth in 2019

Meanwhile, MAS expects global economic growth in 2019 to slow down “discernibly” and then stabilise in 2020 “barring further shocks”. Singapore’s economy is expected to grow 0.5 percent in 2019, with the 2020 growth…

Contract to install noise barriers along North-South, East-West Lines awarded

Once completed in 2023, LTA expects the noise barriers to reduce noise levels from passing trains by five to 10 decibels. Image source: LTA A contract to design and install 5.5km of railway noise barriers under the third phase of the Land Transport…

Exhibition highlights need for age-friendly neighbourhoods

The exhibition consists of design solutions and considerations for Singapore’s increasingly ageing population. With one in four Singaporeans aged 65 or older by 2030, the latest Urban Lab exhibition turned their focus on design solutions…