Singapore Property News This Week #110

Residential YTL Land aims to create homes for discerning buyers According to its vice president Joseph Yeoh, YTL Land and Development’s projects in Singapore aim to create “one-of-a-kind homes” for discerning buyers before it can expand its portfolio and commit the best practices to add value to the company. The first project of YTL Land…

Singapore Property News This Week #81

Residential Changes made to restrictions on redevelopment of en bloc sites In response to feedback from the industry, there have been changes made to the regulations of the redevelopment of en bloc sites. Currently, foreign developers buying residential en bloc sale sites are given a five-year project completion period (PCP) which starts  from the date…

Singapore Property News This Week #6

Here’s our summary of the important residential, commercial and industrial news this week. We hope this helps you to save time catching up on the news! RESIDENTIAL Slower GCB sales due to gap between offer and asking price Widening gap between offer and asking prices has decreased GCB sales. For example, asking price for a…

Singapore Property – Top 5 News Stories This Week #6

Here’s issue #6 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru). Developers urged to rightsize shoebox units   The Urban Redevelopment Authority (URA) is encouraging developers of shoebox units to increase the size of their units, up from 28 sq m to 35 sq m, according to…

How the en bloc process works

The following post is excerpted from the newly launched Secrets of Singapore Property Gurus, in an interview with Dillon Loi, Master Trainer at the Real Estate Academy. Click here to get your copy now. What is a collective sale? An en bloc sale, or collective sale, is the sale of an entire private strata development…