2009

Water Villas Cluster Housing @ Kovan Road

Location: Kovan Road (District 19) Tenure: Freehold Year of Completion: 2012 Total Units: 15 (14 Semi-D, 1 Bungalow) Unit Types: Bungalow ~ 4951sqft (approx $2.45m) Semi-D ~ 3714-3789sqft (approx $2.05-2.2m) Basement plus 3-storeys plus Attic Interest absorption scheme with OCBC. 5%+15% down, balance upon TOP. Open for sale now (First Come First Serve)!! Sell by floor plan tentatively. Model and sales...

Land prices in Singapore down by 50% since 2007, analysts say

Land prices in Singapore have slumped by up to 50 per cent since the property boom in 2007, according to market watchers. Weaker prices, coupled with recent strong demand for homes, could lure developers to replenish their land bank. As home buyers have been flocking to project launches over the past few months, analysts said developers are showing more interest in good residential sites. More than 7,200...

Singapore’s office rents see steepest Q2 drop in Asia Pacific

Office rents in Singapore fell 26.2 per cent in the second quarter, according to latest figures from real estate consultancy firm Colliers International. This was the steepest decline quarter-on-quarter among Asia-Pacific cities. Singapore is the fourth most expensive office location after Tokyo, Hong Kong and Ho Chi Minh City for Grade A offices – one spot down from the first quarter this...

Singapore Botanic Gardens to be expanded with new parkland

Singapore's Botanic Gardens will be expanded with the addition of a new parkland. National Development Minister Mah Bow Tan said a 9.8-hectare parkland at Tyersall Avenue will be added to the Gardens. This parkland will form a seamless extension to the west of the Gardens, bringing the total area of the Botanic Gardens to almost 74 hectares. And, there will be a new arboretum on the parkland. The...

Sale of Optima@Tanah Merah brought forward due to queues

Developers of Optima@Tanah Merah have brought forward the launch of the condominium, which was to have taken place on Friday. However, queues formed as early as 4pm on Thursday, prompting the developers to start selling the units. 120 units were sold yesterday with another 150 units to be balloted on Friday. The 99 year leasehold development has 297 units. The condo's developers said they feel that...

S’pore named world’s most preferred city for business meetings in 2008

Singapore is the world's most preferred city for business meetings for the second year running. The city-state is named the "Top International Meeting City" in the Union of International Associations 2008 Global Rankings. Singapore edged out cities like Paris, London and Tokyo. The country also moved up one notch up from 2007 to third position as one of the top three preferred countries for...

Banyan Tree’s US$900m Vietnam resort on track for phase one development

Hospitality group Banyan Tree is on track to develop one of Vietnam's largest integrated resorts. The phase one development of its US$900 million beachfront project Laguna Hue will commence on Saturday with a groundbreaking ceremony. The Singapore-listed company raised US$283 million for the project through a real estate fund established in 2008. When the first phase of the 280-hectare project is...

A late night property ballot … is this a sign of the times?

The showflat was only due to open today. But on Monday, some, mostly property agents, were already lining up for units at the Optima condominium at Tanah Merah. They went home after developer TID made it clear the queue would not be recognised. However, this did not stop hundreds from turning up early yesterday - leading to a massive queue and the occasional ugly spat over queue-jumping. The result? TID...

Trevista @ Toa Payoh

Location: Toa Payoh (Junction of Lorong 2/3 Toa Payoh)Tenure: 99 years leasehold wef 15 July 2008Year of Completion: 2012Site Area: approx 150,212 sqftTotal Units: 590Unit Types:Studio ~  465 sqft (19 units)1+study ~ 690 sqft (25 units)2 bedroom ~ 860 to 926 sqft (117 units)2+study ~ 1,012 sqft (19 units)3 bedroom ~ 1,100 to 1,280 sqft (298 units)4 bedroom ~ 1,560 to 1,730 sqft (112 units) Email...

HDB demand gathers steam on a dream

WHEN the original Punggol 21 vision was unveiled 13 years ago, enthusiasts who bought homes in the sleepy estate became disillusioned when the model waterfront living failed to materialised and facilities were slow to appear. But then the dream was revived with a bang two years ago - and since then, interest has been strong, with recent HDB Build-To-Order (BTO) projects seeing robust demand. Yesterday...

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