General

Park Place Residences represents the creative spirit of modern Singapore. The towers occupy a prime position at the centre of this exciting and emerging neighbourhood in Paya Lebar. The condo connects the relaxed lifestyle of the east, with the bustling experience of the city. It is the perfect balance of personal sanctuary and convenient accessibility. The residences comprises 429 apartments, many with...

The tender for the collective sale of the freehold The Wilshire along Farrer Road has been launched. Savills Singapore, the marketing agent for the District 10 property's collective sale, said that the indicative guide price is S$98.07 million, which works out to S$1,525 per square foot per plot ratio (psf ppr) based on the existing gross floor area (GFA) of 64,310 sq ft. The Wilshire, which is on a...

The collective sale frenzy sweeping the property market is expected to continue into next year, resulting in an upswing in home prices and transactions as displaced owners look for a new place to live. At least 44 condominiums are expected to go en bloc next year, creating more than 9,000 potential househunters, according to data from property consultancy Cushman & Wakefield. Most of the condominiums...

The collective sale of Vista Park in South Buona Vista Road has been awarded to Oxley Holdings at S$418 million, which works out to about S$1,096 per square foot per plot ratio (psf ppr), inclusive of an estimated S$72 million payable to the state to top up the site's lease to 99 years. The site is zoned for residential use with a 1.4 plot ratio and allowable height of up to five storeys. Vista Park,...

Parkway Mansion has been sold at S$146.99 million to SL Capital (3) Pte Ltd, a consortium led by Sustained Land Pte Ltd. The sale price was 6.5 per cent above the owners' guide price of S$138 million during the tender that was launched on Nov 16. The sale price and an estimated development charge of about S$21 million translate to a land rate of S$1,536 psf per plot ratio. The development charge is...

Another residential development has been launched for a collective sale, this time at 11 Balmoral Road. All owners of the 17-unit freehold development in prime district 10 have given their approval for the sale. The sole marketing agent JLL said that owners are asking for S$75 million, which translates to an estimated land rate of about S$1,761 per sq ft per plot ratio (inclusive of development...

Developer City Developments Limited (CDL) is taking a second bite of the cherry with plans to redevelop Katong condominium Amber Park, which it built in 1986, into a far bigger project. CDL lodged the bid through its Cityzens Development subsidiary and a joint-venture partner from parent Hong Leong Group in an 80:20 pairing. It beat seven other bidders with a $906.7 million offer as the 200-unit estate...

A fresh air of revival seems to have surfaced in Singapore's private residential property market, since the first half of 2017. After more than three years of continuing price declines over 15 quarters, overall private home prices in Singapore are showing gradual signs of bottoming out since the last peak in Q3 2013. Based on the Urban Redevelopment Authority's (URA) Non-Landed Private Residential Price...

A new freehold condominium at Leonie Hill, New Futura is a stone throw away from Singapore’s famous Orchard Shopping Belt. With horizontal aluminium fins that sprout from the towers at different levels and with varying widths and lengths, it is an unmistakable and iconic landmark on the skyline of Singapore. ​ Its luxurious, contemporary and eco friendly design represents a revolution in high end...

Located in the heart of Singapore’s 2nd Central Business District (CBD), Vision Exchange possesses the requisite locational advantages and premium specifications that appeals to business users and real estate investors alike. Dubbed the “District of the Future”, Jurong Gateway will drive Singapore's growth into the future economy, and cater to the diverse needs of businesses, residents and...