The property arm of the Islamic Religious Council of Singapore (Muis) has two more projects coming up, to follow on from the ongoing redevelopment of Red House in Katong. They are part of the Wakaf Revitalisation Scheme launched by Warees…
Now considered one of Malaysia’s hottest real estate spots, Iskandar Malaysia has been pulling in developers looking to cash in on the demand for properties there. Local developers may have had a headstart, but they are now facing stiff competition…
Credit Suisse‘s equity research team has expressed concern about the industrial property segment on the back of increases in rents and prices for this type of property in the third quarter of the year. In a report yesterday, it noted…
Resale prices of private homes fell again last month after declines in August, underlining the view that the market is weakening. Overall prices dipped 0.7 per cent in September from August, according to the Singapore Residential Price Index yesterday. This…
A lengthy and bitter wrangle over the ill-fated $500 million en bloc sale of Horizon Towers finally came to an end last week. A group of minority owners failed in their suit against two members of the sales committee, closing…
Developers’ sentiment appears to have weakened further in the third quarter, following the introduction of the Total Debt Servicing Ratio (TDSR) framework in June. The Real Estate Sentiment Index, which reflects overall market sentiment through the Composite Sentiment Index, was…
Swiss bank Credit Suisse waded into the debate over Singapore’s household debt yesterday, taking the side of those who argued that the sharp rise in borrowing over the last five years was not a big deal. This is because at…
Tuan Sing Holdings’ wholly-owned subsidiary Dillenia Land – embroiled in an escalating dispute between owners of Gilstead Court units over a collective sale – yesterday said that it would defend its legal position and reputation “vigorously”. It will also “seek…
JTC Corporation will take over from the Urban Redevelopment Authority (URA) as the government agency overseeing the collection and dissemination of data on industrial property. Trade and Industry Minister Lim Hng Kiang said yesterday that a change is needed as…
THE proximity of industrial property in the southern part of the island to the central business district (CBD) has made it popular with investors and businesses. Areas like Bukit Merah, Commonwealth and Queenstown have long lured buyers thanks to their…
Singapore New Project Launches 