This comes nearly three years after failed tender and at a lower price than initial $35m The house that former China tour guide Yang Yin nearly cheated from a rich Singaporean widow is up for sale again, at a lower price of $25 million, or about $785 per sq ft (psf) on land area. The[…]
SINGAPORE – The number of Housing Board resale flats sold for at least $1 million each hit a new high last year amid a strong showing by the market despite the Covid-19 pandemic, according to flash data from real estate portal SRX released on Thursday (Jan 7). There were 82 million-dollar flats transacted in 2020, compared with[…]
SINGAPORE – The family of Singapore’s richest billionaire, a co-founder of Sichuan hotpot chain Haidilao, is buying a freehold good class bungalow (GCB) in Gallop Road at the highest price per square foot for the area. According to documents seen by The Straits Times, the option to purchase the 21,649 sq ft bungalow, located a[…]
SINGAPORE – The Housing Board (HDB) resale market remained strong despite macroeconomic uncertainties caused by the Covid-19 pandemic and an increasing supply of flats. HDB resale prices rose 2.9 per cent in the fourth quarter of 2020 cent from the previous three months, according to the latest HDB flash estimates released on Monday (Jan 4).[…]
Private home prices defied the pandemic-induced recession to rise again in the final three months of 2020 – the third consecutive quarter of increase. The price index climbed 2.1 per cent in the final three months of last year, well ahead of the 0.8 per cent increase in the third quarter, noted Urban Redevelopment Authority[…]
They make up 85% of owners of 1,400 potentially high-tech flats in Punggol More than 1,400 households will be able to monitor electricity usage across appliances in smart-enabled flats in Punggol Northshore. As at Dec 14, 1,192 home owners who have collected the keys to their flats – about 85 per cent of the total[…]
Developer must complete Quality Mark assessment for units before applying for TOP Normanton Park, a 1,862-unit leasehold condominium project that was hit with a no-sale licence nearly two years ago, has got the green light to sell its units, but with conditions. The largest and first new launch for next year will open for public[…]
About 17,000 Build-To-Order (BTO) flats will be launched next year, keeping the supply of new flats in line with what was launched this year. However, given the economic uncertainty due to Covid-19, the Housing Board will monitor the market closely and calibrate flat supply if required, said National Development Minister Desmond Lee in a Facebook[…]
SINGAPORE – More people rented condominium units and Housing Board (HDB) flats in November, even with border restrictions still in place. The rental volume for condominiums rose 3.8 per cent month on month to an estimated 4,443 units in November from 4,281 units in October, according to flash data from real estate portal SRX Property released on[…]
The private resale market continued to recover not just from the Covid-19 fallout but also from the 2018 property cooling measures, with prices and sales volume picking up again last month. Overall resale prices climbed for the fourth consecutive month, rising 0.3 per cent month on month in November, according to flash figures from real[…]
Healthy sales show not all segments hit by curbs on reissuing of OTPs, says expert The private residential market resumed its upward march last month, with sales up nearly 19 per cent month on month following a 225 per cent surge in the number of new homes launched. Last month’s uptick in sales to 767[…]
SINGAPORE – The sprawling hilltop site that formerly housed the Caldecott Broadcast Centre in Andrew Road has been sold for $280.9 million to an entity jointly owned by Perennial Real Estate Holdings and its chairman, Mr Kuok Khoon Hong. Real estate consultants CBRE and Showsuite Consultancy, which were appointed to market the site, described the[…]