Residential Property
Towards sustainable private residential development
Significant Land for Residential Development Released
Towards sustainable private residential development
Significant Land for Residential Development Released
Residential site at Buangkok Drive awarded to White Haven Properties
The tendered price was $301,000,000.
New home sales to struggle with double-digit declines
Sales are likely to drop significantly in the second half of 2013, says Savills.
8M Residences only sold 4 out of 68 units since May Launch
Industry observers said the property at Margate Road is overpriced at $2000 to $2300 psf.
Private home sales plunge 31% to 1,702 units
New launches are unable to sell more than 50% of their units in the initial launch phase.
Developers expected to be cautious in bidding activities
Investors’ risk appetite in the near term will remain low due to external volatility, says DBS.
14,200 residential units to be up for grabs in 2H12
These units include 3,100 executive condominiums, so take your pick.
Perception of a slowing resale market post ABSD misguided: analysts
Around 1,017 transactions were already registered at SRX database as of June 11 while April data surprisingly far exceeded 800-unit forecast.
Colliers names most attractive sites in 2H12 GLS programme
The property analyst picks out the top residential, commercial and hotel sites based on their proximity to public transport and activity hubs.
Government gives in to booming private residential demand
The teeming amount of private residential land in the new 2H12 GLS programme should sate the hunger of home purchasers, said Colliers.
Private residential sites dominate 2H12 GLS programme
About two-thirds of the programme consists of private residential sites with the rest a mix of commercial sites, white sites and hotel sites.
2 hotel sites at Kallang Riverside no longer on the reserve list
Government introduces more changes in the GLS Programme for the First Half of 2012.
Government confirms additional property supply in 2H
A total of 7,100 private residential units, 308,000 sqm GFA of commercial space and 3,700 hotel rooms coming our way in 2H.
More than 40% of private homes in the market remain unsold
A huge number that might indicate slowdown in the demand but the government remains optimistic, placing 13 more sites for private homes in 2H.
Buangkok Dr condo site receives cheaper bids than Sengkang
Interest was lukewarm with only five bids topped by City Development at $301m.
Five bidders vie for Buangkok Drive / Sengkang Central tender
Highest bid for residential site came in at $301 million from White Haven Properties Pte. Ltd.
Chart of the Day: Private rent down
Compared to the first quarter, private rent per square foot fell by 1% in April and May.
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