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News

Record bids lodged for Tampines EC plot, Lentor Central residential site

23 July 2021
Tenders for both 99-year leasehold plots – a Tampines executive condominium (EC) parcel and one in Lentor Central – closed last night with nine
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HDB resale prices climb for fifth straight quarter but at slower pace

1 July 2021
Resale prices rose 2.8 per cent in the three months to June this year from the previous quarter, compared with a 3 per cent
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Singapore property market not overheated, but authorities watching prices closely

30 June 2021
“No, we do not think the market is overheated right now, because if it is overheated, then we have not done our job well,”
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Developers get further six-month extension on ABSD and project completion period; no extension to sales period

29 June 2021
The government is extending temporary relief measures for property developers affected by disruptions to construction timelines due to heightened Covid-19 alert restrictions imposed from
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Marina View site launched for sale, bids below $1.508 billion will not be accepted

29 June 2021
The Urban Redevelopment Authority (URA) launched the sale of a plum site in Marina View on Monday morning (June 28), after an unnamed developer
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First EC site in Tengah awarded for $400.32 million in new record

4 June 2021
The bid smashed the previous record of $583 psf ppr garnered by the Sumang Walk EC site in Punggol, which was awarded in March
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28 first-time applicants for each four-room BTO flat in Telok Blangah

1 June 2021
Only one in more than 28 first-time applicants will get a unit. It is even harder for second-time applicants, with more than 412 applicants
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Two govt land sale sites released for sale in Tanjong Katong and Tampines

27 May 2021
Two residential sites, in Jalan Tembusu and Tampines Street 62 (parcel B), were released for sale on Thursday morning (May 27) under the first
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Ang Mo Kio 99-year private housing plot draws 15 bids; EC plot in Tengah draws seven bids

25 May 2021
The highest bid of $381.38 million, or nearly $1,118 per sq ft per plot ratio (psf ppr), came from a 60:20:20 joint venture between
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Residential

Parc Greenwich executive condominium in Fernvale Lane sells 65% of units on launch weekend

13 September 2021
Some 65 per cent of units – 322 out of a total of 496 available – were sold at an average price of $1,200
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Flynn Park in Pasir Panjang sold en bloc for $371 million

10 September 2021
The sale price works out to approximately $1,355 per sq ft per plot ratio (psf ppr), which exceeds the $365 million reserve price, or $1,284 psf ppr, when
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Home sale and rental prices may rise after changes to P1 registration

10 September 2021
Sale and rental prices of homes near popular primary schools may rise following changes to the Primary 1 Registration framework to help more children secure a
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Record bids lodged for Tampines EC plot, Lentor Central residential site

23 July 2021
Tenders for both 99-year leasehold plots – a Tampines executive condominium (EC) parcel and one in Lentor Central – closed last night with nine
Read more

HDB resale prices climb for fifth straight quarter but at slower pace

1 July 2021
Resale prices rose 2.8 per cent in the three months to June this year from the previous quarter, compared with a 3 per cent
Read more

Singapore property market not overheated, but authorities watching prices closely

30 June 2021
“No, we do not think the market is overheated right now, because if it is overheated, then we have not done our job well,”
Read more

Commerical

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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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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
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