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News

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
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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
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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
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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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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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89 HDB BTO projects have resumed works; only 1 site pending approval

22 August 2020
Construction works have resumed at a total of 89 Build-To-Order (BTO) sites as of Monday, said Minister for National Development Desmond Lee on Friday
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Singapore eases some border control measures

22 August 2020
Singapore will ease travel restrictions on visitors from Brunei and New Zealand from Sept 1, in a small but significant step towards reviving an
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Plans to bring more job fairs to the heartland

21 August 2020
The National Trades Union Congress’ Employment and Employability Institute (e2i) has been working with community partners, including agencies and employers, to bring job and
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Residential

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.
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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.
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New private home sales hit a more than 2-year high amid recession

15 October 2020
The private home market continues to defy gravity amid the pandemic, with last month’s sales up for a fifth straight month to hit levels
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Resale condos see strong sales again in September with prices stable

13 October 2020
The prices of resale condominiums held firm amid robust demand in September, with more than 1,000 units sold for three straight months.
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Loan repayment relief measures for individuals, SMEs extended into 2021

5 October 2020
Relief measures to help individuals and small- and medium-sized enterprises (SMEs) with cash flow difficulties will be extended into 2021.
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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
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Commerical

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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Frasers Property CEO warns ‘business as usual’ is not an option as 2Q earnings drop

13 May 2020
“’Business as usual’ is not an option,” warns group CEO Panote Sirivadhanabhakdi. “Along with many businesses around the world, we are facing an unprecedented
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Watchdog studying retail lease market amid complaints

13 May 2020
The Competition and Consumer Commission of Singapore (CCCS) is looking into the private retail lease market, amid a chorus of complaints by mall tenants
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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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Alibaba acquires 50 per cent stake in Singapore’s AXA Tower, home to its Lazada e-commerce unit

6 May 2020
Alibaba acquires 50 per cent stake in Singapore’s AXA Tower
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CapitaLand’s Q1 lodging business fee income falls 9%

5 May 2020
CapitaLand said the full extent of the impact on revPAU is not ascertainable yet, but the group remains positive on the sector’s longer-term prospects.
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Industrial