News

Over 60% of units sold at launch of Penrose

28 September 2020
About 341 units (or 60.3%) out of a total of 566 units at Penrose condo were sold on its launch weekend on Sept 26-27.
Read more

Hungry ghosts, recession no match for Singapore buyers as new home sales hit 11-month high

15 September 2020
Bucking Singapore’s worst recession and the Hungry Ghost month, new home sales in Singapore continued to rise for a fourth straight month, reaching the
Read more

Skyscraper resale flat prices in Singapore hit new highs despite Covid-19 crisis

13 September 2020
andemic or not, buyers are still paying top dollar for skyscraper HDB resale flats, particularly those at Pinnacle  @   Duxton and other prime areas.
Read more

Private home resale volume hits 2-year high in Aug

9 September 2020
The number of private non-landed homes resold hit a two-year high last month while prices firmed slightly in what observers see as another sign
Read more

Condo, HDB rental volumes tumble again in August; rents hold

9 September 2020
Rents for Housing Board flats and private apartments held steady in August but leasing took another big hit, with rental volumes falling to multi-year
Read more

Queen Astrid Gardens launches collective sale, $126.8m guide price for huge good class bungalow land

2 September 2020
The site lies within the exclusive Queen Astrid Park GCB area and comes with a guide price of $126.8 million, which translates to approximately
Read more

Development charges cut for commercial and hotel use

1 September 2020
Development charges (DC) have been cut for commercial, hotel and other land use, with large decreases for central areas such as Shenton Way, Marina
Read more

Tanjong Katong shophouse for sale at $8.8m base price

22 August 2020
A prime freehold corner four-storey conservation shophouse at 240 Tanjong Katong Road is up for sale with a starting price of $8.8 million.
Read more

OCBC makes first property green loan in South Korea

22 August 2020
OCBC Bank has provided a green loan of 115 billion South Korean won (S$132.6 million) to M&G Real Estate Asia to refinance an investment
Read more

Residential

Semi-detached house in Toh Tuck Road sold to S’porean family for $3.4 million in 8 minutes in virtual auction

2 October 2020
It took only eight minutes for a two-and-a-half storey semi-detached house in Toh Tuck Road to be sold for $3.4 million in a virtual
Read more

Prices of HDB resale flats up 1.4% in third quarter

2 October 2020
Resale prices of Housing Board flats rose in the third quarter of this year, with the resale price index reaching 133.7, said HDB yesterday.
Read more

Over 60% of units sold at launch of Penrose

28 September 2020
About 341 units (or 60.3%) out of a total of 566 units at Penrose condo were sold on its launch weekend on Sept 26-27.
Read more

Hungry ghosts, recession no match for Singapore buyers as new home sales hit 11-month high

15 September 2020
Bucking Singapore’s worst recession and the Hungry Ghost month, new home sales in Singapore continued to rise for a fourth straight month, reaching the
Read more

Skyscraper resale flat prices in Singapore hit new highs despite Covid-19 crisis

13 September 2020
andemic or not, buyers are still paying top dollar for skyscraper HDB resale flats, particularly those at Pinnacle  @   Duxton and other prime areas.
Read more

Private home resale volume hits 2-year high in Aug

9 September 2020
The number of private non-landed homes resold hit a two-year high last month while prices firmed slightly in what observers see as another sign
Read more

Commerical

CapitaLand’s solutions help tenants with new normal

26 June 2020
Property giant CapitaLand yesterday said it is rolling out digital solutions at its business parks and offices in Singapore to help tenants cope with
Read more

Alternatives to SafeEntry can be used at property viewings

25 June 2020
The Council for Estate Agencies (CEA) has exercised flexibility by allowing property agents to use methods other than SafeEntry QR codes for contact tracing
Read more

101 Beach Road up for en bloc sale with $90 million reserve price

10 June 2020
The site at 101 Beach Road has come up for collective sale at a reserve price of $90 million, real estate services firm Cushman
Read more

Construction sector faces tough transition, but help will be at hand

10 June 2020
The construction sector will need to institute new safeguards at worksites and continue its push for automation and productivity to reduce its reliance on
Read more

Consider charging tenants a share of income instead of fixed rent

7 June 2020
Instead of fixed monthly rents, landlords can charge tenants based on their gross turnovers (GTOs) during this downturn and earn themselves some goodwill.
Read more

Landlords can do more to help themselves

7 June 2020
In current bad times, if tenants leave, they’ll lose even more. For many owners of small businesses, their biggest cost is likely to be
Read more

Industrial

Dorm operators expect changes to push up costs by at least 50%

5 June 2020
New standards for migrant worker dormitories will enhance workers’ well-being, said dormitory operators here, but will come at a cost increase of at least
Read more

Feeding cities of the future

16 May 2020
The Covid-19 pandemic is disrupting food supply chains across the world, but in Singapore, dinner plates are still full thanks to strategic moves by
Read more

Steps to curb coronavirus transmission will raise construction costs

16 May 2020
The measures to keep Covid-19 transmission low in the construction sector are bound to increase costs for contractors, which they will have to bear
Read more

BTO projects to be among first to restart after circuit breaker

16 May 2020
Build-To-Order (BTO) flats may be among the projects to be prioritised as the construction sector gradually resumes work from June 2, after having ground nearly to
Read more

Temporary relief measures for property developers, home-buyers of projects disrupted by Covid-19

7 May 2020
The project completion period (PCP) for eligible residential, commercial and industrial developments will be extended by six months with immediate effect.
Read more

SMEs have applied for $1.9b in loans since early March

5 May 2020
The value of these loans, taken out under Enterprise Singapore’s (ESG) financing schemes, is about six times the credit extended over the same period
Read more