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The category consists of property news in Singapore
Redhill site draws 10 bids in total – with a top bid of S$851 psf ppr
The most recent land sale under the 2H2015 Government Land Sales (GLS) Programme saw the plot next to Redhill MRT Station drawing 10 bids in total. The top bid of…
Record-high unprofitable property transactions in 3Q2015
According to statistics and data from the Singapore Real Estate Exchange (SRX) for 3Q2015, the number of private residential property transactions which resulted in…
CDL-led consortium places top bid of S$710 psf ppr for Lorong Lew Lian site
The land parcel located along Upper Serangoon Road, at Lorong Lew Lian received a top bid of S$710 per square foot per plot ratio (psf ppr) by a consortium led by…
OUE Twin Peaks set for relaunch in Nov 2015
More high-end condominiums in the luxury property segment could be put up proactively on the property market for sale, as time runs out for property developers who…
En-bloc sales gradually diminishing in Singapore
In just one week itself, we've already read reports of 2 collective sales - Normanton Park and Euro-Asia Apartments respectively. However, the demand in Singapore…
Euro-Asia Apartments set for en-bloc sale
An en-bloc sale looks imminent for Euro-Asia Apartments, which is a freehold development located along Serangoon Road, after 60% of the owners have given consent for…
Mass market shoebox units lead rental decline in 3Q2015 by 3.5%
According to initial estimates, the rental prices for shoebox apartments have declined by 1.9% qoq (quarter-on-quarter) in the 3rd quarter of 2015. Leading the drop…
Normanton Park Condo set for collective (en-bloc) sale of S$840 million
According to reports, Normanton Park, a leasehold condominium located near to Kent Ridge Park is set to be put up for collective sale (or rather known as en-bloc…
UOL and Kheng Leong set to launch Principal Garden condo at average S$1600 psf
Property developers UOL Group and Kheng Leong Co. (a 70-30 partnership) looks set to launch their new 663-unit private residential project, Principal Garden condo at…
Competition for land remains strong despite weaker net margins
Despite facing difficulties in selling off their units, the competition between property developers still remains healthy as they are bidding with a more cautious…