Singapore Property News This Week #269

Residential Treasure Crest priced at S$742 psf Sim Lian Group Limited has priced its executive condominium (EC) project Treasure Crest at an average S$742 per square foot (psf).The 504-unit project garnered 1,077 e-applications, after a 10-day e-application period. Sim Lian opines that the strong response to Treasure Crest is due to the development’s attractive pricing, […]

Singapore Property News This Week #268

Residential Differences in figures by SRX Property and HDB flash figures HDB resale prices fell 0.6 per cent in June 2016, compared with in May says SRX Property’s data. That adds up to a 0.4 per cent drop in the second quarter, which contradicts HDB’s flash estimates that showed resale flat prices increased 0.1 per […]

Singapore Property News This Week #267

Residential EC along Anchorvale Lane released for sale The executive condominium (EC) site along Anchorvale Lane was released for sale. It was the only EC on the Confirmed List of the Government Land Sales (GLS) programme for this year. Property consultants believe the site could draw interest from developers who have had residential projects in […]

Singapore Property News This Week #266

Residential Eden Hall Bungalows up for sale again Two freehold Good Class Bungalow (GCB) plots from the official residence of the British High Commissioner to Singapore, has been relaunched for sale by public tender by the British government. Bids at the relaunch were about 20 per cent lesser than guide prices, possibly due to weak […]

Singapore Property News This Week #265

Residential Rent for private housing slips while rents for HDB stagnate Rents of private non-landed homes dipped 0.6 per cent in May while that for HDB flats stagnated compared to last month, according to SRX Property. Savills Singapore research head Alan Cheong noted that this trend of stabilising prices and falling rents is expected to […]

Singapore Property News This Week #264

Residential Attractive commercial/residential site on confirmed list for release A choice commercial and residential site along Upper Serangoon Road right next to Woodleigh MRT Station will be launched on the confirmed list in December this year. It is for a mixed-use development that could yield an estimated 825 private homes and about 15,000 square metres […]

Singapore Property News This Week #263

Residential Bungalow along Kingsmead Road sold for S$29million Bungalow along Kingsmead Road belonging to the late Raffles Institution principal Philip Liau was sold at S$1,065 per square foot based on the freehold land area of 27,228 sq ft. The buyer is said to be Darwin Indigo, a nephew of Wilmar executive deputy chairman Martua Sitorus. […]

Singapore Property News This Week #262

Residential More BTO flats in popular mature estates 8,940 flats were launched for sale on Tuesday by the Housing & Development Board (HDB) under the build-to-order (BTO) and sale of balance flats (SBF) exercise in May, with one-quarter of the BTO flats located in the popular mature estates of Ang Mo Kio and Bedok. Experts […]

Singapore Property News This Week #261

Residential HSR fined and barred for en bloc deals for a year The Council for Estate Agencies (CEA) has imposed a financial penalty of S$74,000 on real estate agency HSR International Realtors for two counts of acting for a client without declaring a conflict of interest. HSR is disallowed from undertaking any collective-sale work for […]

Singapore Property News This Week #260

Residential Condo resale volumes and prices rose in April The latest April data from SRX Property showed that prices and transaction volume of resale private apartments and condos have risen for two consecutive months. Prices rose 0.7 per cent in the Core Central Region (CCR) and 1.3 per cent in the city-fringe or Rest of […]