fbpx

News

Singapore’s Richest Property Family Warns of Cooling Measures

25 May 2021
The Singapore government may step in to introduce property curbs if home prices keep rising, according to the city-state’s richest property family, marking the
Read more

BTO projects expected ‘to be delayed’ by a year or more due to tightened COVID-19 border measures

11 May 2021
Many Build-to-Order (BTO) housing projects are expected to be delayed by a year or more, as a result of tighter border measures affecting the construction
Read more

CDL-MCL Land tie-up makes top bid of $445.9m for Farrer Park residential site

27 April 2021
The top bid of $1,129 per sq ft per plot ratio (ppr) is at the upper end of analysts’ estimates. It is also higher
Read more

All BTO flats in Kallang/Whampoa, Bidadari and assisted living flats oversubscribed one day after launch

5 February 2021
All Build-To-Order (BTO) flats in the mature estates of Kallang/Whampoa and Toa Payoh (Bidadari) have been oversubscribed just one day into their one-week launch
Read more

Talk of more private property cooling measures

20 January 2021
This comes as Urban Redevelopment Authority flash estimates showed private home prices rose 2.1 per cent for the fourth quarter – the steepest quarterly
Read more

HDB to launch 17,000 BTO flats in 2021

22 December 2020
About 17,000 Build-To-Order (BTO) flats will be launched in 2021, keeping the supply of new flats in line with what was launched this year,
Read more

TikTok owner moving to bigger Singapore office

16 October 2020
ByteDance, the Chinese owner of video app TikTok, is moving to a bigger office in Singapore’s financial district, paving the way for it to
Read more

Malaysian workers’ return boosts home rental volumes in Singapore

15 October 2020
The phased reopening of Singapore’s border with Malaysia brought some welcome relief for landlords last month.
Read more

Mediacorp’s former Caldecott Hill home put up for sale

15 October 2020
Mediacorp has finally put up for sale the sprawling site that formerly housed the Caldecott Broadcast Centre in Andrew Road.
Read more

Residential

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
Read more

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
Read more

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
Read more

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
Read more

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
Read more

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
Read more

Commerical

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

Virus curbs send retail sales down 40.5% in steepest fall

6 June 2020
Retailers were hammered in April after circuit breaker measures sent sales on their steepest plunge since growth rate records began in 1986. Takings at
Read more

Law passed to help pandemic-hit SMEs cope with rent obligations

6 June 2020
Parliament passed a law yesterday to help pandemic-hit small and medium-sized enterprises (SMEs) cope with issues of rent, among other things, as the economic
Read more

Safeguards for landlords that help SMEs on rent repayment scheme

6 June 2020
There will be safeguards for landlords that help pandemic-hit small and medium-sized enterprises (SMEs) which opt for a statutory repayment scheme for their rental
Read more

Singapore landlords need a post Covid-19 remake

5 June 2020
Every third dollar changing hands on Singapore Exchange is because of someone buying or selling units in a real estate investment trust (Reit). But
Read more

Industrial

More industrial, retail tenants to seek relief under new law

1 May 2020
Rental relief measures to help tenants whose businesses have been hit by the pandemic seem to be falling short, with some tenants saying the
Read more

Cache Logistics Trust renamed as ARA Logos Logistics Trust

29 April 2020
Cache Logistics Trust has been renamed as ARA Logos Logistics Trust (ALog). The trading name change will occur tomorrow, with the real estate investment
Read more

Industrial rents, prices face downward pressure due to coronavirus spread: JTC

23 April 2020
SINGAPORE (THE BUSINESS TIMES) – Prices and rents of industrial space in Singapore fell slightly in the first quarter of this year, while occupancy
Read more