General

The Landmark CanningHill Piers is in a prime location on the site of the former Liang Court next to the vibrant Clarke Quay. There is nothing as comparable to CanningHill Piers. On one side is the sparkling Singapore River with its lively cafes, bars and restaurants. On the other side, the green tranquility of Fort Canning Hill provides the perfect backdrop. Aside from its unrivalled...

Midtown Modern Occupying 3.2 hectares of prime land at the frontier of the expanding Central Business District, Midtown Modern is part of an ambitious mixed-use development called Guoco Midtown which is set to become the new beating heart of the city. Guoco Midtown is the city of the future. A modern, progressive, and innovative development that anticipates the future lifestyle of...

Singapore has become one of the most desirable destinations for foreign investors looking to invest in the country's economy. The Singapore government has launched several programs to attract foreign investors and make it easier for them to establish businesses or invest in existing companies. One of these programs is the Global Investor Programme (GIP), which offers foreign investors the opportunity to...

Prospective buyers and sellers of public housing flats can now make use of a new one-stop portal launched by the Housing Development Board (HDB) to streamline the process. The HDB Flat Portal will be rolled out progressively from Wednesday (Jan 13), Minister for National Development Desmond Lee said in a Facebook post. "This new portal will make it more convenient for home buyers and sellers to gather...

The number of Housing and Development Board (HDB) flats that were sold for at least S$1 million hit a historic high last year, despite the Covid-19 pandemic and economic downturn. This is based on flash data released by real estate portal SRX on Thursday (Jan 7). There were a total of 82 million-dollar flats transacted in 2020, eclipsing 2018’s record of 71 such deals. Last month alone, 10 such flats...

Private property prices in Singapore rose 2.1 per cent in the fourth quarter of 2020 from the previous quarter, according to flash estimates by the Urban Redevelopment Authority (URA) on Monday (Jan 4). This compares with a 0.8 per cent increase in the previous quarter, said URA. For the whole of 2020, private home prices rose by 2.2 per cent, compared with the 2.7 per cent increase in 2019. Ms...

Resale prices in the public housing market climbed 4.8 per cent in 2020, an increase from the 0.1 per cent rise in 2019, according to flash estimates released by the Housing and Development Board (HDB) on Monday (Jan 4). According to the flash estimates, prices in the fourth quarter of 2020 rose 2.9 per cent over that in the previous quarter. Prices in the third quarter of 2020 increased by 1.5 per...

The Urban Redevelopment Authority (URA) is offering the owners of Midpoint Orchard, Orchard OG and Faber House sweeteners to spur them to redevelop as part of Singapore’s plan to rejuvenate its most famous shopping belt. Observers said that this could be a way to negotiate the tricky situation surrounding Midpoint Orchard – a strata-titled building which, The Straits Times understands, has about 60...

Despite a pandemic and an economic recession, it has been a surprising year for the property market. Property buyers began snapping up new homes as soon as the circuit breaker eased and they could visit showrooms again, contributing to a seesawing of private home sale numbers in the final months of the year as government regulations kicked in to cool the market. In June, the same month that Singapore...

The muted collective sales market could see a revival in the second half of next year, as developers turn to the private residential scene to feed a growing appetite for land, according to property analysts. This comes as the property market has remained resilient in the face of the COVID-19 pandemic and consequent economic uncertainty, said analysts. Just two en bloc deals totalling S$77.2 million...