Market watchers say the latest changes in JTC policies will benefit genuine industrial users but discourage property speculators. From Nov 15, JTC will lengthen the prohibition period for lease assignments and increase the minimum occupation period for anchor tenants who…
Industrialists and third-party facility providers such as property funds/developers who own industrial properties on JTC-leased sites will now be required to hold these properties for a longer period before they may sell them. JTC has also extended the minimum occupation…
Sales for Allgreen Properties’ 72-storey SkySuites@Anson project in Tanjong Pagar will begin tomorrow, with prices starting from $968,000. Located at Enggor Street and within walking distance of Tanjong Pagar MRT station, the 99-year leasehold development will have 360 one to three-bedroom…
It would appear that Singapore has lost some of its lustre, slipping four spots to seventh place in terms of investment appeal, and dropping six spots to ninth position on the development prospects front, according to the latest real estate…
The market for Housing and Development Board (HDB) resale flats continued to weaken last month, with median cash-over-valuations (COVs) falling to their lowest level in more than four years. Median COVs fell 30.1 per cent to $8,000 in November, according…
Home loan growth is expected to slow further this quarter amid weakening residential property sales, analysts said yesterday. However, prices are likely to remain elevated until at least the middle of next year despite several rounds of property cooling measures…
Malaysia has granted a substantial tax break to a zone in a showpiece investment project near Singapore, a move likely to provide crucial support to a US$800 million initial public offering of the area’s developer next year. The Medini area…
Reducing the supply of Build-To-Order flats after a three-year construction boom makes sense given the reduced demand but resale prices are unlikely to be affected, say analysts. This is because, now that pent-up BTO demand has been addressed, the two…
National Development Minister Khaw Boon Wan has asked Singaporeans to share their ideas on proposals from the Draft Master Plan 2013 (DMP13) to aid its implementation. Writing on his blog yesterday, he said: “Many of these ideas need strong support…
The government’s measures to cool the residential property market have had significant impact: Transaction volumes have plunged, new home loan sales have contracted and loan-to-value (LTV) ratios have improved. “The series of property-related measures taken by the government over the…
Singapore New Project Launches 