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Government withdraws Deferred Payment Scheme for property purchases

The government has withdrawn the deferred payment scheme for property purchases.This applies to all residential, commercial and industrial properties.This is seen as the clearest move yet to cool the property market. Amid the strong growth in the property sector, there have been calls on the government to step in. Analysts say the latest move did not come as a total surprise. Tay Huey Ying, Research and...

Luma @ River Valley Grove

Luma puts you at the centre of everything you’ve come to expect and deserve. In prestigious District 9, explore the bustle of an ever-growing metropolitan in Central Business District or explore an ever-changing palette of recreational options at Mohamed Sultan, Clarke Quay and Robertson Quay. With reputable schools and institutions closeby, spend less time on the road and more time enjoying life to...

Property tax rise for hotels

AS HOTEL room rates in Singapore continue to set new highs, the taxman’s upcoming formula tweaks — which will see hotels’ property tax bills jump by at least 33 per cent — will skim some of the cream off the cake for hoteliers. The increase arises from a change to the formula used to calculate the annual value (AV) of hotels, which will kick in next year. And analysts say that while the...

Parc Emily

Location: 5, 7, 9, 11 Mount Emily Road (District 9) Tenure: Freehold Year of Completion: 2008 Total Units: 295 Unit Types: 1 to 4 bedroom ~ 549 to 1,927 sqft Situated on the gentle slop of a hill on Mount Emily Road near MacKenzie Road and Selegie Road, the lofty vantage point of Parc Emily lets you awake to a picture-postcard panorama of the verdant Parc Emily, the immaculate Istana grounds, and the...

Property sector takes stock

NEWS that private home sales slowed last month battered property stocks yesterday, but analysts are not interpreting the numbers to mean the start of a downturn for the sector just yet. Forty-three of the 52 listed property shares were down. Among the biggest price-percentage losers were LC Development and Orchard Parade Holdings, which were down 5.9 per cent and 4.5 per cent to $0.48 and $1.90,...

Aalto @ Meyer Road

Located only minutes from the dazzling beaches of East Coast Park, Aalto is ideally sited in the prestigious eastern precinct of Singapore. A minute’s drive to the neighbourhood retail paradise of Parkway Parade, Aalto is only 10 minutes away from The Marina Bay Sands Integrated Resort and the Singapore Flyer, and 15 minutes away from the Orchard Road shopping belt. Simply put, you can be sure you’re...

Citylights @ Jellicoe Road

City living evolves from an immense need for accessibility and ultimate convenience, a lifestyle much sought after by the dynamic cosmopolitan trendsetters. Towering at 42-storey, Citylight’s contemporary and timeless architecture aims to mark a new beginning of the new landscape for the locality. Bringing about spectacular views of the alluring city sights. Well situated at the fringe of Central...

The Sea View

The East. Where treasures await. Where cultural heritage and a modern lifestyle merge in perfect harmony. The Seaview is located along Amber Road and Marine Parade Road, situated on 382,000 square feet of freehold land. The Sea View puts you in close proximity to amenities that matter: top schools, key transportation points, trendy gourmet bistros and the idyllic East Coast Park. Rising 23 storeys high,...

New S$1b fund set up to invest in prime properties in Asia

A new fund has been jointly set up by Pacific Star Group and HSH Real Estate – which is the real estate unit of HSH Nordbank – to invest in prime properties in Asia. It has a target fund size of 500 million euros (S$1 billion). The fund will initially target established markets, which include Singapore, Japan and South Korea. It may also tap emerging markets like China and India eventually. HSH Real...

Illoura on Old Holland Road

Property Description : A total of 30 detached and semi-detached houses are being developed amongst an enclave of Good Class Bungalows on 87,086 sq ft of freehold land in the prestigious Holland Road precinct. Location : Old Holland Road. Residents can enjoy immediate proximity to shops and restaurants near Sixth Avenue, Holland Village and Bukit Timah Road. Illoura is also surrounded by many...

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