Category: PropertyAsia
Lim Bee Huat’s daughter acquires Lornie Road bungalow for $26.8mil
Lim Bee Huat's daughter is purchasing the 10,529 sq ft freehold property along Lornie Road for $26.9 million. Lee Bee Huat is the founder of the Kopitiam [...] » More
Property no longer a stable nest egg
Housing affordability is predicted to worsen as enduring WFH arrangements force homeowners to buy larger homes, and price-to-income ratios achieve multi-year [...] » More
Two-thirds of BTO projects completed during the pandemic delayed no more than six months
17 BTO projects completed during the pandemic did not see a delay past six months, with 16,000 flats being delivered since January [...] » More
Demand for private homes remain strong in Q3
Despite fewer projects launched in Q3 2021, there were 3,358 new sale transactions, up from 2,838 in Q2 [...] » More
Two sites at Slim Barracks Rise awarded to EL Development, Gao Xiuhua
Parcel A at Slim Barracks Rise was awarded to EL Development for $320.1 million, while Parcel B was awarded to Gao Xiuhua for $162.4 [...] » More
Holland Hill Lodge up for en bloc sale for $25.8mil
Located at 5 Holland Hill, the freehold project, Holland Hill Lodge, occupies a 9,033 sq ft site zoned for Residential [...] » More
Buyers of Waterway Sunrise II to be compensated due to delay of more than a year
Current revised probably completion dates for Waterway Sunrise II in Punggol range from Q4 2022 to Q1 2023, bringing the total waiting time to approximately 5.5 [...] » More
Reinventing Singapore’s financial district for post-pandemic world
To attract more residents and businesses to the CBD, plans for increasing amenities such as grocery stores, coffee shops and encouraging a more exciting dining and bar scene [...] » More
Lee Hsien Yang’s Caldecott Hill bungalow on sale for $16.8mil
The 9,888 sq ft two-storey detached house is located in the Caldecott Hill GCB [...] » More
Singapore sees $7.5bil in real estate investment deals in Q3
Real estate investment deals in Q3 2021 saw a 38.7% growth quarter-on-quarter, and a 58.1% increase [...] » More
Average wait times for BTO projects remains at four to five years, says Desmond Lee
The total waiting time for BTO projects is still under six years, with BTO projects launched this year and last year having wait times ranging between three to 5.5 [...] » More
Chuan Park up for collective sale for $938mil
Chuan Park is a 99-year leasehold project located at 240 to 250 Lorong Chuan and occupies a 400,588.72 sq ft [...] » More
HDB not to provide direct financial subsidies for open market rental
The decision by HDB not to provide direct financial subsidies for rental units on the open market was made to prevent driving up market rentals and inducing [...] » More
PPHS income ceiling allows gov’t to prioritise families in greater need of temporary housing
Delays in the construction of BTO flats, increased competition for open market rental, and the growing number of those who work from home have led to more demand for PPHS [...] » More
HDB resale prices to increase further, but at a slower pace
HDB resale flat prices have grown 8.9% since the start of 2021, with the projected year-on-year increase set at an estimated 10% to [...] » More