Oxley acquires Mayfair Gardens for $311mil

Mayfair Gardens is a 99-years leasehold development located at 2 Rifle Range Road, a 4-storeys development that comprises 124 units. (Photo: Knight Frank) Oxley Holdings Ltd, via its subsidiary Citrine Property Pte Ltd, has acquired Mayfair…

Two en bloc projects get nod from LTA

Three property developers in Singapore have received in-principle approvals from the Land Transport Authority (LTA) for their Pre-Application Feasibility Study (PAFS) for two en bloc redevelopment projects, revealed recent SGX filings. Last…

This app is changing the way we live and work

Franklin Tang, founder of Habitap. Smart home apps in Singapore are slowly evolving from the confines of individual buildings to multiple distinct communities. For instance, developer M+S, a 60:40 joint venture between Malaysia’s Khazanah…

Tai Wah Building sold en bloc for $84.9mil

Tai Wah Building, a four-storey building along Killiney Road, has been sold to private equity investment firm Lucrum Capital Pte Ltd for $84.9 million, revealed marketing agent Edmund Tie & Co. This works out to around $2,209 psf per plot…

Vista Park up for collective sale for $350mil

Joining in the collective sale frenzy, Vista Park condominium has also launched a tender for en bloc sale, with the owners expecting offers of at least S$350 million, reported Business Times. At this price, each unit owner could gain between…

FAQs on The Use of CPF For Home Purchase

Undeniably, purchasing a property is a major decision, and probably the heaviest financial commitment for most of us. However, the use of Central Provident Fund (CPF) to pay the down payment and make monthly financial obligations has been a…

Four condos up for en bloc sale

Derby Court is a freehold condominium development located at 5, Derbyshire Road in District 11 near Novena MRT station. (Photo: JLL) Four residential developments, including the iconic Pearlbank Apartments in Outram, have been put up in separate…

Developers prefer green buildings over non-green ones

Jewel Changi Airport is a unique mix of lush nature and urban energy that features leisure attractions, retail offerings, hotel and airport operations at an estimated cost of $1.7 billion. (Photo: Changi Airport Group) Given the various benefits…

Developer sales up 15% in October despite no major launches

Sophia Hills in Mount Sophia was the top-selling private residential project last month. Sales of new private homes excluding executive condominiums (ECs) rose 15.4 percent to 758 units in October from 657 in the previous month, according to…

URA teams up with REDAS for innovation contest

The Urban Redevelopment Authority (URA) and Real Estate Developers’ Association of Singapore (REDAS) have joined forces to launch an annual competition on Tuesday (14 November) to further improve the city-state’s built environment. Dubbed…