Author Archives: luxuryasiahome

Tweaks to some property cooling measures will not have significant impact: Analysts

The Government’s tweaks to some residential property cooling measures on Friday (Mar 10) are a timely move, but observers said these adjustments are unlikely to have a significant impact on the local property market. Even as the announcements marked the … Continue reading

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Seller’s stamp duties cut as Government eases some property cooling measures

Home owners will only have to wait three years before selling their properties to avoid paying seller’s stamp duties (SSD), down from four years currently, under several adjustments made to property cooling measures. With effect from Saturday (Mar 11), those … Continue reading

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More co-working spaces sprouting up in CBD as demand rises

Property developers are leasing more space to co-working space operators, even as demand rises from businesses in the new economy looking for flexible work areas. Currently, there are 53 co-working space locations in Singapore, almost one-third of which are in … Continue reading

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Refurbishment of Chinatown Street Market to start in May

The Chinatown Street Market will finally get its makeover from May 15, announced the Chinatown Business Association on Friday (Mar 10). Work is expected to take more than a year and finish by the end of 2018. The refurbishment work … Continue reading

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Upper Aljunied Road to be transformed into Bidadari Heritage Walk

From 12th of March, some stretches of Upper Aljunied Road will be permanently closed to traffic as part of plans to transform it into a heritage walk, the Housing and Development Board (HDB) said on Friday. The existing road will … Continue reading

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DBS Group selling PwC Building to Manulife

In the first transaction of an entire Singapore office building this year, DBS Group announced on Friday evening that it is selling PwC Building at 8 Cross Street to an indirect subsidiary of Manulife Financial Corp. The deal values the … Continue reading

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Higher CPF Housing Grant: No big increase in resale market prices, say analysts

Final-year university student Belle Low has been looking to settle down with her boyfriend of four years. So far, her search for a first home has been concentrated largely on Build-to-Order (BTO) flats. But she said the increase in the … Continue reading

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Retail investors more cautious about overseas property deals

Two recent charges against local real estate firms promoting overseas residential investments have put the spotlight back on such risky purchases. A financial penalty was imposed on property agency Square Yards last month after it failed to to provide a … Continue reading

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Airbnb ‘committed to working with Govt’ to adopt model that works for Singapore

Home and room-renting site Airbnb said it is “committed to working with the Government to adopt a model of home-sharing that works for Singapore” even as laws prohibit private property owners from renting out their homes for less than six … Continue reading

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4,056 flats on offer in February BTO exercise

A total of 4,056 Build-To-Order (BTO) flats were launched in Punggol, Clementi and Tampines on Tuesday (Feb 14), the Housing and Development Board (HDB) announced. This is the first tranche of 17,000 flats to be launched in 2017, it said. … Continue reading

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