• Tee Land stops en bloc Acquisition of freehold condominium

    Tee Land has made a decision not to use its alternative to buy Teck Guan Ville condominium, which would have cost the company a sum of $60 million.

    In a filling made with SGX, the firm stated that it made the decision after considering the effect of the new property cooling regulations on ...

  • Katong Plaza, Fortune Park prolong elongates the closing date for tender

    Katong Plaza which is a freehold estate is situated near the future Marine Parade MRT station, numerous educational facilities and East Coast Park.

    The government’s introduction of its latest property controlling policy saw numerous en bloc seekers prolonged the closing dates of their tenders, with Fortune Park and Katong Plaza becoming the latest toed this path.

    Katong ...

  • Daintree Residence records 63% Purchase rate

    This is the first launch of the private property market since the implementation of a brand new price control measures.  Daintree Apartments , recorded a 63 percent purchase  rate as it sold 50 of the 80 units unveiled  over the weekend, Business Times revealed.

    90% of the Daintree home buyers are Singaporeans while foreigners and permanent ...

  • HDB resale costs increases for the first time in nine quarters

    The most recent round of property controls is predicted to make home buyers rely on the HDB resale market, where properties are less expensive.

    Costs of resale Housing Board apartments increased 0.1 % in the 2nd quarter of 2018 – the first major rise following nine quarters of slump – suggesting that HDB resale ...

  • Singapore private home costs increased by 3.4% in Q2

    The price increase in second quarter was fairly slower than the 3.9 % surge in first quarter

    Singapore’s private home costs increased 3.4 % quarter-on-quarter in the second quarter of 2018 compared to a moderately more rapid growth of 3 .9 % recorded in first quarter, as outlined by more comprehensive records made public by ...

  • Freehold condominium Fragrant Gardens Available for joint sale

    The low-rise condo situated off Paya Lebar Road is valued at $65 million.

    Fragrant Gardens, which is  a low-rise housing development situated off Upper Paya Lebar Road has been offered for en bloc sale with a valuation of $65 million, Knight Frank Singapore, the marketing executives announced.

    Without any development cost owed, the approximated value of the ...

  • Developers will not embark on drastic reduction of prices but will adopt more “flexible” approach.

    Despite the new measures introduced by the government which is aimed at relaxing the cost of properties, developers do not have any plan of embarking on massive reduction of costs of homes

    The Chief Financial Executive of Goucoland group, Richard Lai disclosed that the firm “has no plans” to reduce the costs of properties, even though ...