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…
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…
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…
The massive construction of HDB flats will start to taper off from next year as balance is restored between demand and supply in the market, Minister for National Development Khaw Boon Wan said. But “we will do so in a…
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…
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…
Challenges in the real estate market continue to worry association members, said Chia Boon Kuah, president of the Real Estate Developers Association of Singapore (Redas), at its 54th annual dinner last night. “Against a backdrop of market volatility and a…
A swanky new National Stadium rises in Kallang. Two years ago, the nearby Goodman Arts Centre opened its doors to a hip young crowd. One street away, a new condominium has been built on the site of Housing Board flats.…
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…
Singapore New Project Launches 