Residential Property
Private property market transaction up 25.7% in March 2011
The private property market transacted 1,543 units in March up from February's 1,228 units.
Private property market transaction up 25.7% in March 2011
The private property market transacted 1,543 units in March up from February's 1,228 units.
Tender for Tampines Central 7 received highest bid of $278.8mn
The bid came from Sim Lian Land followed by Qingdai Construction's bid of $243 million.
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.
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