General

Private home prices jumped to the highest in four years, based on flash estimates from the Urban Redevelopment Authority (URA) released on Monday (July 2). URA data showed that prices went up 3.4 per cent between April and June, following a 3.9 per cent increase in the previous quarter. Overall, the private residential property index increased 4.9 points from 144.1 points in the first quarter to 149...

Private home prices rose to its highest point in four years in the April to June quarter as transactions and new launches increased and liquidity from en bloc sales flowed into the market, with analysts predicting that prices could recover to 2013 peak levels soon. The price index for private residential property rose by 3.4 per cent to 149 points in the second quarter, extending a 3.9 per cent increase...

The supply of new flats will be “reduced slightly”, the Housing and Development Board (HDB) said on Monday (Jul 2) in its flash estimate of resale prices for the second quarter. Resale prices for flats inched up 0.1 per cent in the March to June period compared to the previous quarter, with the Resale Price Index (RPI) coming in at 131.7. The index provides information on the general price...

By June 2020, Sembawang residents will no longer have to go to Yishun for their daily swims or cheap meals. Instead, a car-lite sports and community hub, with facilities like swimming pools and a hawker centre, will spring up on a 12ha site next to Sembawang MRT station. Yesterday, Sembawang GRC MPs held a symbolic ground-breaking ceremony for the hub, Bukit Canberra, attended by 800...

Park Colonial, a new condominium in the Bidadari enclave and next to Woodleigh MRT station, will hold its public preview from this weekend with sales to start on July 14. Jointly developed by CEL Development, Heeton Holdings and KSH Holdings, the estate on a land area of 19,547 sq m will comprise six towers with 805 residential units. The one- to five-bedrooms units will be priced at an average of...

The en bloc sale of Goodluck Garden on Toh Tuck Road, agreed on in March for $610 million, has hit a road block. This comes after seven minority owners objected on the grounds that information was withheld which would have allowed them to sell the property for a higher price. Owners of the 210-unit freehold residential development will go to court after the Strata Titles Board (STB) issued a stop...

Despite a "healthy supply" of private housing in the pipeline, the Singapore Government said on Wednesday (Jun 27) it will not cut its supply of land for homes in the second half of this year. About 20,000 private homes are expected to be built from Government Land Sales (GLS) and en-bloc sites that are pending planning approval, and there are another 24,000 unsold units from projects that have received...

Dalvey Court - a freehold condominium development located in the prestigious District 10 area near the Singapore Botanic Gardens up for collective sale, with a reserve price of $160 million. It is also near the stretch of high-profile schools including St Joseph's Institution, Singapore Chinese Girls' School, Anglo-Chinese School (Barker Road) and Nanyang Primary School. The nine-storey building...

Park Colonial is served with a wide range of shopping and dining facilities await at the adjacent Bidadari New Town. The location is also near other commercial amenities such as Nex Shopping Mall, Market Square Bidadari (U/C), Macpherson Mall. Schools in the proximitty area include St Andrew’s Secondary, Cedar Girls’ Secondary, Maris Stella High and Stanmford American International School. Park...

Solar panels are set to be installed in blocks of public flats managed by the West Coast and Choa Chu Kang town councils, in a move to reduce Singapore's carbon emissions and, in turn, the effects of climate change. Work will begin in the current third quarter, said the Housing Board yesterday when it said the tender for the job had been won by a consortium made up of Sembcorp Solar Singapore and...