Smart designs are increasingly being incorporated into shoebox apartments, both here in Singapore and elsewhere, to make them more liveable. This is especially timely given the rise in the need to work from home amidst the Covid-19 situation, and restrictions on outside activity and gatherings. Examples abound of such a move. At One Pearl Bank,
The latest GLS (government land sales) tenders for three housing sites closed yesterday 3 March 2020. These comprised an EC (executive condominium) land parcel at Fernvale Lane in Sengkang, and two adjoining private residential sites at Canberra Drive in Sembawang. All three are on 99 years leasehold tenure. There was a fair number of bids
The latest executive condominium (EC) launch, that of Parc Canberra, did well at its debut over the weekend. It sold 316 units at an average pricing of SGD$1,085 per square foot (PSF). This is equivalent to 64% of the total 496 units in the development, which augurs well for the launch next year of Provence
After the Christmas break of 2019, developers have just posted their highest January residential sales in 7 years. However with the onset of the Covid-19 pandemic and its likely impact on the economy, developers are bracing themselves for a possible fall in the volume of new home sales, and its repercussion on their price power.
Yesterday, Wing Tai Asia announced that its most recent condominium development, The M at Bugis, would launch for preview tomorrow Saturday. It has not yet announced the number of units that will be released for sale during the preview, nor the actual sales date. This is likely because they need to assess buyer response before
Over the past 9 years, small businesses in Jurong Lake District have started noticing an increase in sales, alongside the rejuvenation of the area. Mr Tan Kah Ann, the Jurong Town Centre Merchant Association chairman, said that this appears to have come about with residents choosing to spend more time around their homes on weekends,
The Urban Redevelopment Authority of Singapore (URA) has awarded the tenders for three sites under the first half of this year’s GLS (Government Land Sales) program. Their tenders closed on 5th September, and were awarded yesterday to the respective highest bidders. All three land parcels are on 99 years leasehold tenure. The sites are located
Hong Kong and China developers are no longer the most aggressive bidders in land tenders in Singapore nowadays. Though still active, they have not been topping the bidding lists for private housing collective sales sites and state land sales, since the beginning of last year. According to property analysts, there are a few reasons for
Marina Bay and its vicinity look to be deposing the District 9 Orchard Road area as the place to live in. Its work-live-play concept is taking hold of the imagination, and mega-office complexes like the Marina Bay Financial Centre and Asia Square Tower are drawing expatriates to luxury homes in the financial district. Luxury apartment
How Times Have Changed! A property agent recalls the time when some owners were so hostile to the idea of a collective sale that one of them set his dog on him. That was 15 years ago, when he made his 3rd visit to the owner to try to get him to agree to a
Two Tender Closings Developers’ appetite for land shows no signs of cooling despite warnings from the authorities of over-exuberance in the property market. Two residential sites, at Fourth Avenue and Jiak Kim Street under the Government Land Sales (GLS) programme, saw a keenly fought contest, with Frasers Centrepoint Limited (FCL) setting a new benchmark price
It was announced on 5 October 2017 that the former HUDC Normanton Park site at Kent Ridge has been successfully sold, in one of the biggest collective en bloc sales in Singapore. Kingsford Huray Development, a China developer, clinched the deal at a price of SGD$830.1 million. This is more than $30 million over the
