Monthly Archives: November 2013

Pace of home price fall picks up in October

Singapore’s home prices fell at a faster pace in October, dropping 1.2 per cent from the previous month as evidence builds that the government’s efforts to cool the property market are working. The Singapore Residential Price Index fell to 159.1

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Posted in Property News

Good response to adjacent plots at Upper Serangoon View

Despite the slowdown in new private home sales, demand for land remains strong, with two adjacent plots at Upper Serangoon View garnering eight bids each. This is despite the Urban Redevelopment Authority (URA) rolling out the two adjacent sites and

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Posted in Property News

Internet firms drive growth in Grade A space rentals

Growing demand for Grade A space from consumer Internet companies is setting a new trend in the central business district (CBD), an area traditionally monopolised by financial institutions. These firms are taking up large spaces in prime Grade A buildings

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Posted in Uncategorized

First HDB retirement village on the cards

Singapore’s first HDB retirement village is likely to be located in Whampoa. Under this retirement village model, which is common in countries such as the United States and Britain, elderly persons live within an area that has a wide range

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Posted in Property News

Iskandar developers seen taking a big hit

Developers with substantial exposure to the Iskandar Malaysia region are expected to be the “worst hit” by recent property measures, as heftier taxes would deter short-term foreign purchasers who also account for a significant portion of residential sales in some

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Posted in Property Investment, Property New Launches, Property News

Largest roll-out of BTO and SBF flats in latest launch

Home-buyers can choose from 8,952 Housing and Development Board (HDB) flats in the largest joint roll-out of Build-to-Order (BTO) and Sale of Balance Flats (SBF) units. Yesterday’s launch eclipsed the previous mark of 8,262 BTO and SBF flats launched in

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Posted in Property New Launches, Property News

$30m price tag likely for 3-storey super penthouse

A mega “super penthouse” to be built on Guocoland’s Clermont Residence in Tanjong Pagar could be the largest of its kind in Singapore – and that’s not just a reference to the estimated $30million price tag. The three-storey home will

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Posted in Uncategorized

Interest in private projects wanes

Buyers seemed keen on private projects a couple of weeks ago but the interest has dimmed, going by the lacklustre results over the weekend. Projects that posted brisk sales at their debuts two weeks ago had been relying mainly on

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Posted in Property New Launches, Property News

Rental market turning to favour tenants

The residential leasing market is gradually turning to favour tenants, even as there is likely to be strong demand over the next half a year. The rental market was buoyant in the third quarter of the year. There were 15,083

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Posted in Property News

URA acts to curb use of ‘SoHo’ by developers

The Urban Redevelopment Authority (URA) is clamping down on the use of the term “small office home office” (SoHo) for commercial and residential units, as the man on the street may be led to think that such units can be

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Posted in Property News