Singapore Property News This Week #116

Residential Allgreen Properties Ltd to launch River Valley Condo Allgreen Properties Ltd is launching River Valley Residences, the 999-year project with 248 units in District 10 at River Valley Road, at the end of August. The project includes one-bedroom to four-bedroom units and penthouses, with prices likely to be between $2,100 psf and $2,300 psf….

Singapore Property News This Week #115

Residential Jurong EC plot bid breaks record An all-time record price for EC land has been made for a plot in Jurong, which has long been starved of new EC supply. The 99-year leasehold plot near Jurong Country Club received a top bid of $418.53 psf ppr with strong participation of 16 bidders. The buzz…

Singapore Property News This Week #31

Residential A need for clearer ABSD guidelines The Additional Buyer’s Stamp Duty (ABSD) is the latest governmental measure aimed at cooling the residential market. The ABSD is imposed on foreigners and companies buying any residential property (including residential land), permanent residents buying their second and subsequent property and Singapore citizens buying their third and subsequent…