Residential Property

K-REIT Asia net property income grew 7.6% in 1Q 2011

It rose to $14.9 million as a result of contributions from the two Australian Assets, offset by the divestment of Keppel Towers & GE Tower.

K-REIT Asia net property income grew 7.6% in 1Q 2011

It rose to $14.9 million as a result of contributions from the two Australian Assets, offset by the divestment of Keppel Towers & GE Tower.

URA used 6.5mn population parameter for Concept Plan 2011

CP11 will map out the land use and infrastructure development of Singapore in the next 40 to 50 years.

Record $1.7bn Pine Grove en-bloc asking price has market stunned

Kim Eng Property analyst Ooi Yi Tung has put out some interesting research on the two mega en-blocs working their way through the Singapore property...

Singapore attracted an eye popping 90 % of all property investment in SE Asia in Q1 2011

Total transaction value for the region fell 44.1% q-o-q to US$6.1 billion in Q1 2011.

Final 91 apartments in Metro Residences to go on sale

To date, 462 apartments have been sold in the earlier stages, according to CBRE.

Singapore property market investment sales amassed $977bn in 1Q 2011

The residential sector led the investment sales market, contributing a total of $970 billion.

Chong Kim Apartment up for sale

The freehold development at Bassein Road will be launched for collective sale today, said Kim Eng.

URA launches iPhone/iPad application for property market information

"Property Market Information, Singapore" aims to enhance the transparency of the property market, said URA.

HDB performed 7,000 flat inspections in 2010

1,800 of the 7,000 inspections were the result of public feedback.

Global cross border investment volumes grew 38% year-on-year in 1Q 2011

However, the investment volumes decreased 20% from the previous quarter, said Jones Lang LaSalle.

Pearlbank to be sold at $750mn

This translates to $1,495 psf ppr including an estimated charge of $167.2 million to top up the lease to 99 years.

Hedges Park Launches on Saturday with 6 more due in April

EXCLUSIVE: Hong Leong Group’s Hedges Park at Changi North Road will open on Saturday, April 16 while six others are lined up to launch this month...

Higher interest rates dampen hopes for more affordable houses

Every 50bp change in interest rates will lift average mortgage payments by 7% per cent, says CIMB.

2500 units up for sale at Flora residential site

More units will be offered in the next few years with freehold units available for as low as $600-900psf.

United Engineers Developments’ $543mn bid tops tenderers for Bendemeer Road/Whampoa East condo

The site’s proximity to an MRT station boosted developer’s confidence to set the top bid of $543mn or $774 psf/plot ratio.

Laverne's Loft Launches on Friday

EXCLUSIVE: The 5-storey Laverne’s Loft of Asimont Holding Pte Ltd at Telok Kurau will open this Friday, April 8.

Bartley Road residential site sold for $413mn

The land parcel was offered on a 99-year lease term and was awarded to Intrepid Investments, Sunmaster Holdings and TID Residential.