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Not feasible to raise en bloc consent level to 99%
It seems to be a way of asking the relevant government authorities to revert to the 100% consent ratio for collective sales.
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JTC offers 1.9ha one-north site for sale
It is a commercial site slated for mostly office use near the existing Buona Vista MRT Station. |
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That condo is moving out of reach
How do we determine if private property prices have become more or less affordable? -ST
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So exclusive even the rich need an invitation
Psst... have you heard? There are a few S$6.5m apartments for sale. Believe it or not, the developers don't want the super rich to know. -NST |
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Reaching new heights with the super rich
Malaysia's super rich are pushing residential property prices to new heights.
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Growth in China property prices more sustainable
Measures to cool the market are working, says CBRE. |
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Swiss hotelier to open 50 properties in S-E Asia
'We have over a billion euros committed to this expansion in the next four to five years.'
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Don't tar all with same brush
Not all real estate agents are 'unscrupulous', 'untrained', 'unprofessional' and 'unethical'. |
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Temp office site in Newton draws four bids
Temporary sites are being offered for development as offices as part of efforts to ease an office space crunch.
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Better laws needed to regulate estate agents
They must go through comprehensive and vigorous training on a continuing basis. |
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World's first US$2b home rising in Mumbai
A 27-storey sea-facing skyscraper coming up in downtown Mumbai will soon be home to a family of five. With a price tag nearing US$2 billion, it will be the world's largest and most expensive home - ever.
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Small firms bought bulk of en bloc sale sites
Some of these small operators might face financing problems as they move to finalise deals. |
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Missing owners' condo unit sold for $1.6m
This price works out to about $991 per sq ft (psf), considerably higher than the starting bid of $735 psf.
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HDB checks on sublet flats twice a year
Flat owners who sublet their flats must comply with the terms and conditions set out by HDB. |
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Why housing grant cannot be used to pay for COV
The grant will be treated as part of the flat buyer's CPF funds which need to be reinstated into his CPF account when the flat is sold.
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HDB rental market remains strong
Flats much sought after because of spillover demand from private homes market, but agents say rents are unlikely to rise much more. |
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On the market
In this column, we bring you a sampling of properties up for sale. In the spotlight this week: Studios, one-bedders for less than $1m.
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Stamford Raffles' London home for sale
Current owner seeks S'pore buyer for $9.5million property.
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EDB's $20m scheme for solar tech in new buildings
Financial support will range between 30 to 40% of the capital cost of the solar solution.
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$20m carrot for building owners to go solar
Govt scheme trims cost of tapping the sun for energy by 30% to 40%. -ST
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En bloc uproar at Bayshore Park, Mandarin Gardens
Sales committees rein in estate councils, irking owners who want to upkeep homes.
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En-bloc system needs relook, as Bayshore shows
With the support of pro-sale residents, voting powers are then used to control the rest of the estate, even though the votes represent only a minority of residents. |
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Demand for lower to mid-end homes set to soar in India
Developers target young workers as sales of high-end homes slow.
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Jurong Lake plans for public viewing
Plans for the Jurong Lake District will be exhibited at the URA Centre in late May 2008. |
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Time to tweak en bloc rules
It is time for the guidelines to be enhanced further.
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Two industrial sites, good class bungalow up for sale
'This is a rarely available large plot of land in a prime location, offering a myriad of possibilities.' |
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Low interest rates not likely to help housing
Income growth a better driver of housing price trends.
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New Master Plan expected to see selective changes
Key sectors seen benefiting include hotels, aerospace, healthcare, transport.
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Family fights over 2 houses worth millions
A family is locked in a court tussle over two properties worth millions three years after a Singaporean businessman killed himself while awaiting trial for killing his adopted son.
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JLL re-entering housing project sales business
'I believe that with an increasing number of overseas buyers in the local market, the benefits of an international marketing campaign will grow in importance.' |
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HK sales fall with fewer luxury apartment deals
'Speculators are more cautious because of the financial turmoil. Plus, luxury prices have gone up quite a lot in the past year or two, so a correction isn't unusual.'
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30 families living in flats with big cracks on the walls
Some 30 families at low-cost flats in M'sia are living in fear that their block of flats may collapse anytime due to cracks that keep getting bigger and bigger over time. -The Star |
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Raffles Hotel looks set to be sold at hefty price tag
Buyers are set to acquire it for more than treble the $200 million it sold for three years ago. -ST
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Raffles Hotel sold
FRHI confirms in-principle sale of Raffles Hotel to a consortium led by former Credit Suisse banker. |
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Beach Rd building sold for $70m
Hirsch Bedner and Irish private equity firm turning asset into boutique offices.
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Sun Venture awarded Scotts Road site
It bid $32.99m or $226 psf ppr for the office site. |
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$9.7b price tag for landmark Tianjin eco-city
Officials give assurance that project will cater to all sectors of society to promote harmony.
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Fee dispute: PropNex drops lawsuit against couple
Property company PropNex is dropping its lawsuit against a couple who refused to pay the seller's agent the 1 per cent commission after buying a home. |
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Developers test waters with condo launches
Sale of Floridian, Quartet on Vanda and Parc Seabreeze have begun.
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Royal Peacock Hotel in Chinatown could fetch around $38m
The 74-room hotel's marketing agent, Cushman & Wakefield, said the property's guide price is $38 million, or more than $500,000 a room. |
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HPL in deal to rebuild, refurbish hotels in Libya
Creation of JV with that country's state pension fund manager is on cards.
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My brother doesn't want China bride to inherit flat
What can my brother do to prevent his wife from getting the flat should he suffer any mishap? |
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Sales of strata offices down, may fall further
THE dispirited housing market has claimed another casualty: Sales of strata-titled offices have taken a nosedive this year.
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Condo won't prune trees over MRT tracks
SMRT wants condo to prune trees, but who should bear the $2,145 cost? |
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Split property sales commission in two parts
Role of the property agent can be limited to connecting the seller and the buyer if the two parties handle the documentation themselves.
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No change in CPF interest and HDB mortgage rates
CPF board to keep interest rate for members' CPF savings in their Ordinary Account at 2.5%. -ST |
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To pay or not to pay
Growing awareness of consumer rights has given momentum to the debate over whether independent buyers need to pay a fee to sellers' agents.
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Red hot Geylang
The demand for properties between Lorong 1 and 25 is so hot that rents have shot up, and some long-time businesses are being forced to move out. |
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It's a landlord's market in Geylang
Rentals rising mainly for commercial properties; demand still weak for residential units.
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On the market: Toa Payoh
In this column, we bring you a sampling of properties up for sale. In the spotlight this week: HDB flats in Toa Payoh. |
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Older 'new' condos on the market
Leftover units offer immediate occupation, but buyers should take note of some things.
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Home away from home overseas
When you can't stand the heat, get to your holiday villa overseas. More middle-income folks here are owning turf abroad. |
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Buffer plan for funeral parlour hub in Sin Ming
URA is already developing an industrial estate in front of the proposed complex to serve as a buffer between the residents and the new parlour site.
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For lease: Former Home Affairs Ministry complex for office use
It used to house the headquarters of the Internal Security Department and then the Ministry of Home Affairs. -ST
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Former MHA complex up for office lease
THE sprawling Phoenix Park site in Tanglin Road, which housed the Ministry of Home Affairs (MHA) for more than two decades, can now be leased for office use.
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HDB greenery includes growing vegetables at ground level
Existing rooftop structures are unable to take on additional weight from the cultivation. |
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No decision yet on funeral parlour site
URA has never planned for a funeral parlour hub.
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CapitaLand and partner unveil Abu Dhabi project
It will hold an estimated 9,000 homes and a projected number of 18,000 residents. More than two million visitors a year are expected. |
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Underground 'city' to free up space
Possibilities include power stations and logistics centres beneath the surface.
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Luxury home prices down 2.1%, says report
Number of foreign purchases fall; many buying homes in suburban areas. |
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Japan's housing glut adding to growth fears
Scandal over falsified engineering data at root of housing problem.
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NZ house sales slump to 16-yr low
It was the lowest monthly sales total since January 1992, when 4,427 properties were sold. |
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Private home sales slide in April
Number of new homes sold and launched fall sharply.
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CapitaLand, US fund jostle for The Atrium
Price will be over $800m; CMT eyeing synergies with Plaza Singapura: sources |
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Further drop in new home sales and launches in April
THE private home market continued to weaken last month, with launches of new homes falling to their lowest level in at least 10 months.
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World's tallest condo in US hit by pullout of many S'pore buyers
Local condominiums are not the only ones suffering from the recent sharp downturn in property market sentiment.
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Regent Garden owners file appeal despite sale completion
ONE of Singapore's most unusual collective sale disputes, over Regent Garden, is now headed for the Court of Appeal even though the sale was completed yesterday.
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4 bungalows sold for $5.5m each
$22 million transaction works out to $1,128 psf of built-up area. |
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Natural disasters won't dent Asia property allure
European investors find region's GDP growth too attractive.
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Reason HDB repairs take two months
Marine Parade Town Council takes two months to complete simple projects such as repair, washing and repainting of the external walls of HDB flats. |
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Design awards for HDB estates
Sengkang, Ghim Moh estates score well for innovative design, user-friendly features.
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CDL chief Kwek Leng Beng awaiting right time to buy
If the casino-led boom in Macau's luxury homes market is anything to go by, Singapore will do even better as it will have two casinos and other major events, he said. |
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US sub-prime crisis hurting Asian property: GIC
'The contagion effects of the sub-prime crisis can potentially accelerate the downward spin of the property cycle.'
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Interest in Asian property seen growing
GIC Real Estate says weaker market favours those taking strategic position. |
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Property seems paler, but it's anyone's call
Volumes shrink, prices weaken but some segments are holding firm.
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He owes $50,000 in rent
He also allegedly owes contractor $7,500 for renovation work done. |
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NTUC Income to sell Beach Rd property
Small commercial property in Beach Road could fetch around $24 million to $26 million.
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Leng Beng says S'pore real estate market sustainable
CityDev boss sees further investment opportunities ahead. |
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'It's like living in a shipyard'
En-bloc woes at Toh Tuck Road: residents complain of noise, dust, as developer builds showflat.
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Developers face higher funding costs
They face a 'double whammy' of rising credit spreads on loans and banks lending less against the value of new projects.
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Punggol to have new shopping mall, more flats
One mall being planned is about the size of Junction 8 in Bishan. -ST
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Not too late to cash in on office boom
Demand and rentals likely to stay healthy as supply remains limited, say analysts. |
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Top? Top of what?
TOP = Temporary Occupation Permit.
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Wife not automatically entitled to half of HDB flat
Is wife still entitled to claim 50 per cent from the sale of the flat when divorce case is finalised? |
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Proxy votes in Mandarin Garden
Mandarin Gardens Collective Sales Committee members allegedly influenced the proceedings and determined the outcome of the AGM.
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One pipe? HDB says it's actually two
Visually, these two pipes may appear to be a single pipe.
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Pre-sold projects lend support as developers undergo correction
Greater blow from weaker sales will be felt only over next few years: analysts
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Frasers Centrepoint Trust completes first mall revamp
The makeover, which took a year to complete, has turned it into an 'outlet mall' filled with food and beverage stalls, and shops selling year-round discounted fashion merchandise. |
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Unveiling of URA Master Plan
The country's planners are drawing up future development plans for housing, recreation, land transport and the economy's needs based on this new projection.
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Market affects individual resale price of flats
Valuations of resale HDB flats done by panel of licensed professional valuers. -myp
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Green homes growing in Singapore
More than 19,000 of these could each save $1,000 per year.
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HDB: Buy a flat within your means
What are HDB's guidelines on income that can be considered for credit assessment?
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Search for dream home turns into nightmare
Couple can't buy flat and may forfeit $8,000 in fees because they can't get housing loan.
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Home rates going back to 2003 levels? Not quite
Falling interbank rates won't automatically mean a throwback to the past.
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Waterfront cluster with high-end appeal
New Fullerton Heritage zone has luxury retail and dining outlets to draw the well-heeled.
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Fancy Aguilera's home? Price: US$8m
Hot celebrity properties on sale in the Los Angeles area |
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LaSalle campus' 'glass gem' bags top building award
It is an example of how we are moving towards an architectural capital. -ST
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No takers at all for hotel site in Little India
First time in seven years that no bid has come in for a government land site. -ST |
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Why property market will see prolonged downturn
Uncertain economic outlook and housing glut dash hopes that slowdown is temporary.
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HDB targets frivolous applicants
First-time applicants who reject two offers to buy a public flat in S'pore lose priority status for a year. |
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Banks see plunge in home prices in next two years
New homes, rising vacancy rates, unsold condos and fewer rental deals cited as reasons.
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Seletar's colonial houses in demand as bulldozers roll in
Rentals have soared for the 131 units that will remain even after area's development as aerospace hub. |
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System should be based on preferences, not luck
The problem is that the system is based largely on luck when it should be based on expectations or preferences.
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Manila gets malled big time
The Filipinos' love of shopping has made it the home to the world's third biggest mall. |
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$63 million in conservancy and rental rebates for HDB households
Rebates part of $4 billion GST offset package.
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Jump in number of Green Mark buildings
Of the 100 certified last year, over 60 are residential. |
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S'pore luxury homes ninth most expensive globally
Market supported by jet-setting high net-worth individuals.
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Landscape design contest for Punggol waterway
Competition includes design of Punggol Town Park. |
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HDB to be flexible on new rules for first-timers
First time buyers can be assured they will get to select new flats from a reasonable pool before they are sent to back of queue, said National Development Minister Mah Bow Tan yesterday.
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More homes coming up in Punggol, Sengkang
Over 1,400 premium flats launched. Total this year: 8,400 units. -ST |
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Scrapped: Extra chances in mature estates
Extra chances apply only to BTO projects in non-mature estates such as Punggol. -ST
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Property prices expected to moderate
Market has peaked and will now cool down. |
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Kallang, Paya Lebar the new stars
Over 10 years they will become lifestyle and commercial hubs.
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313@Somerset to open by end of next year
It will have eight floors of mid to upper-range fashion, food, lifestyle shops. -BT
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CapitaMall snaps up Atrium@Orchard for $840m
It has plans for dramatic makeover with 100,000 sq ft of new retail space. -ST
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Kallang River surroundings poised for boom time
Waterside district with lush greenery has potential to be leading residential enclave, say analysts, pointing out its proximity to town and good public transport. |
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'There is a bright future'
Malay Village to be torn down in 2011, but stallholders remain upbeat.
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Kallang property prices set to go up?
URA Draft Masterplan 2008 to turn Kallang Basin into mini Sentosa Cove. |
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Condos at RM500,000
There is an even greater buying interest for units around half a million Ringgit.
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Katong Mall on sale for up to $250m - amid controversy
Public tender comes after a contentious collective sale approval last year. |
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Kranji's growing needs
Farmers need more help to thrive if area is to fulfil its potential as a countryside draw.
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Workgroup to look into dirty habits in heartland
It'll examine causes of anti-social actions like littering in HDB estates. |
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HDB 'lab' paving the way for broadband vision
Government agencies linked up in low-key tests to study disruption.
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Bad stench in Teban Gardens
Many relieve themselves at the void deck after drinking alcohol in groups. |
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Tian Hock Properties gets site at Choa Chu Kang Drive
The company submitted the highest bid of $116 million in the tender for the site. -ST
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Key player in Jade saga set to sell luxury home
$13.8m price tag in Anthony Soh's ad suggests he wants a quick sale. |
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Five bids for Choa Chu Kang tender
This is possibly due to perceived strength of mass-market condo segment.
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Japan property firms eye rent hikes in Tokyo
Rents to be raised by 10 to 20%. |
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Govt agencies asked to tighten CBD space usage
New exercise targets efficient use to free up more space for private sector.
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New Mapletree project
Mapletree India-China Fund to develop property worth US$230 million in Guangdong. |
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Bids for residential site fall short of expectations
URA closes tender after top bid of just $203 psf ppr for the 99-yr leasehold site.
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A place for a meeting of minds
one-north, encompassing Biopolis and Fusionopolis, is Singapore's icon of the knowledge economy. |
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BBL scheme woos foreigners
Buying a condo: expats can get loans from its S'pore branch.
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S'pore is 9th most expensive office market
Office occupancy costs continue to defy the sluggish economic concerns. |
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New flats under stricter rules in hot demand
But as new HDB flats are still the cheapest option for newlywed couples, demand should still be at the 70 per cent take-up rate.
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Nassim condo turns in surprisingly good sales
Buyers have taken up 38 units at Nassim Park Residences, forking out a whopping $10 million or more for each apartment. |
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Give singles a shot at rejected flats
HDB should allow singles over 35 years of age to apply for flats rejected by successful applicants.
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Raffles Hotel NOT sold
Reason for non-completion of sale undisclosed. |
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Govt rolls out two industrial sites
Both sites are being offered on 60-year leasehold tenures.
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Tenants cashing in on rental flats
Heavily subsidised HDB units, which are much in demand, are often sub-let to foreigners. |
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Achievements of the past 10 years
Our vision for Marina Bay as an expansion of our CBD is being transformed into reality.
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Plans to improve urban spaces
An overview of the proposals in the Draft Master Plan 2008 and presents a wish list to planners.
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New vision for Kallang Riverside
The area is set to evolve into the next prime area at the edge of the city.
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Creating more buzz in the Central Area
The confirmed supply of new office space in Singapore in the next five years is estimated to be about 10.2 million square feet. |
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Paya Lebar Master Plan is long overdue
We owe it to ourselves to give this culturally rich area our best shot - and preserve part of our heritage.
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Stansfield wins tenancy auction of its premises
Stansfield is suing the CASE over an alleged breach of an agreement governing insurance payments that hampered its ability to bring in foreign students. |
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S'pore ranked 9th on costs of office occupancy: CBRE
Highest increase in occupancy costs over 12 months is Ho Chi Minh City.
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