Category Archives: Property news
Tuas West the best spot for high-speed rail terminal: experts
Tuas West is the most feasible location for the upcoming high-speed rail terminal in Singapore, aside from the other two possible locations recently revealed by Prime Minister Lee Hsien Loong, which are Jurong East and the city centre, media reports … Continue reading
BCA mulls compulsory training for condo managing agents
To raise the bar in the strata management industry, Singapore’s Building and Construction Authority (BCA) is considering introducing a training requirement for all managing agents, media reports said. Aside from improving professionalism, the mandatory training will also ensure that managing … Continue reading
Posted in Market News, Property news
Tagged agents, compulsory, condo, managing, mulls, training
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Kallang seeing a real estate revival
The property boom in Kallang is gaining momentum, supported by the area’s city-fringe location and proximity to the central business district, according to Alice Tan, Research Head at Knight Frank Singapore. The precinct is also easily accessible via major roads … Continue reading
LTA calls for feasibility study on high-speed rail link
Companies that wish to conduct a feasibility study for the Singapore leg of the High Speed Rail (HSR) link may now submit their tenders, announced the Land Transport Authority (LTA) and reported in the media. According to the agency, the … Continue reading
Billionaire’s son in bungalow rent row
A medical devices firm has been sued by Wee Ee-Chao, the son of one of Singapore’s wealthiest men Wee Cho Yaw, for allegedly not paying rent on a bungalow located near Orchard Road, according to media reports. In a lawsuit … Continue reading
2-room HDB flats going for $10K
Despite higher building costs, two-room flats under HDB’s latest Build-to-Order (BTO) exercise are priced from $10,000, their lowest level since 2011 when the Special CPF Housing Grant (SHG) was introduced, media reports said. The stunningly low price tag includes $60,000 … Continue reading
New productive technology rules may cost developers
In order to improve their efficiency on a global scale, Singapore developers will be required to adopt productive technologies for selected Government Land Sale (GLS) sites by 2H2014, said the Ministry of National Development (MND) and reported in the media. … Continue reading
Posted in Market News, Property news
Tagged Developers, productive, rules, Technology
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New rules not likely to affect developer margins
Developers may see increased costs in the short term as they turn to productive technology for some Government Land Sale (GLS) sites, but their margins would still be protected, media reports said quoting analysts. Regina Lim, Head of Singapore Equity … Continue reading
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Tagged affect, developer, likely, margins, rules
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MAS eases TDSR restrictions
The Monetary Authority of Singapore (MAS) on Monday eased the restrictive Total Debt Servicing Ratio (TDSR) on certain property buyers. Below is the full statement from MAS: The Monetary Authority of Singapore (MAS) has received feedback from borrowers who face … Continue reading
Resale prices of completed condos rise again
For the second month in a row, resale prices of completed non-landed private homes have increased, according to new data. Despite this, sales of such homes continue to decline. Data from the Singapore Real Estate Exchange (SRX) revealed that resale … Continue reading
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Tagged again, completed, Condos, prices, resale
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Singapore New Launch 