General

Victoria Park Villas

Victoria Park Villas is an exclusive and prestigious landed development in the prime District 10 offering 106 semi-detached houses and three distinctive bungalows. Sitting on a 403,000 square feet site at the junction of Coronation Road and Victoria Park Road, Victoria Park Villas is a rare collection of landed houses perched on elevated land along Victoria Park Road within the Good Class Bungalow...

40% of Sturdee Residences’ units sold in VIP preview

During a VIP preview event held on April 23, 122 units of the 305-unit Sturdee Residences were sold at an average price of S$1,550 per square foot.Of the buyers, about 20 per cent are foreigners and permanent residents. In terms of units sold, 80 per cent were one- and two-bedroom units. A total of three penthouses were sold; two of these are the largest formats (1,830 sq ft) and were priced at S$3.2...

Sturdee Residences at Beatty Road

Located just a short drive away from the heart of the city, residents of Sturdee Residences will enjoy great access to the central prime districts such as Orchard Road, Singapore’s shopping paradise and the Central Business District such as Shenton Way. The Farrer Park MRT station is also a short leisure walk away, and it takes only 2 to 4 stations away to reach the city area such as Dhoby Ghaut, Raffles...

CDL heading to Indonesia to promote Gramercy Park

CITY Developments Limited (CDL) is holding roadshows in Jakarta this weekend for its freehold condominium project Gramercy Park in Singapore's District 10, followed by Surabaya the following weekend. This is part of a marketing effort to raise awareness of the project, which will be launched soon, in regional markets including China and Hong Kong. CDL has appointed DTZ, Huttons, Savills and Luxury Real...

Adelson thinking about selling MBS retail assets next year

Gambling tycoon Sheldon Adelson, whose Las Vegas Sands Corp. owns the landmark Marina Bay Sands, said he's considering selling the casino resort's retail assets after a government-imposed moratorium expires next year. The company has spoken with potential buyers, Chairman Mr Adelson said in a conference call after Las Vegas-based Sands announced first-quarter results Wednesday. "We have been...

Q1 deals may signal market for Good Class Bungalows looking up

THE Good Class Bungalow (GCB) market may be headed for a pick-up in transaction volumes this year, if the results for the first quarter are anything to go by. A mix of lower price expectations by owners and pent-up demand for the limited-supply, prestigious landed housing form has helped to narrow the price gap. The result is that more deals were sealed in Q1 than in the previous quarter and in the...

Architects also hurting from real estate woes

THE real estate downturn has filtered down to architecture and engineering services firms, which were hit by surging redundancies last year - and industry players warn that the situation could worsen this year. It has been the larger architecture firms where rumours of retrenchment are most rife, though no firm has been willing to confirm this. Last year's official jobs data is telling. Based on the...

Highline Residences

Indulge in the unmistakable appeal of this quaint and trendy estate located at the fringe of the city. Heralded as one of the “Top 10 Urban Markets to Watch” and “15 Coolest Neighborhoods in the World”, Highline Residences is designed by award-winning architect, Mok Wei Wei, of W Architects. Experience urban living with the myriad of facilities spanning various levels. On Level 1, the open lawn...

Makeshift patching will not fix defects of S’pore’s housing market

THE first part of this article ("Singapore property may be heading for long-term drop in value", BT, April 20) touched on three of the six "defects" in our property market that might lead to a long-term decline in property values. The first three points are: the issue of demand being exhausted with the last six years of massive supply; the Additional Buyer Stamp Duty; and the Total Debt Service Ratio...

Give citizens a sense of ownership in city planning: SMU Provost

Asia is in the middle of its steepest growth and it is crucial for city leaders to start fully involving their citizens in the early stages of development, said panellists on Channel NewsAsia’s Perspectives discussion panel. Professor Lily Kong, Provost of the Singapore Management University (SMU), for one, said city leaders should take time to sit down with citizens. Leaders need to understand what...

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