Fewer Housing Board resale flats were sold last month compared to November, with a 3 per cent drop, even as resale flat prices dipped slightly by 0.3 per cent in the same period. In all, 1,858 HDB resale flats changed hands in December, real estate portal SRX Property said on Thursday. Compared to a year ago, resale volume last month was up 29.6 per cent. A total of 22,477 HDB resale transactions...
A portfoilo of 11 retail shops in Sim Lim Square is up for sale via expression of interest for S$22 million, sole marketing agent Knight Frank Singapore said on Wednesday. The total strata area of the shops is about 5,000 square feet (sq ft), with unit sizes ranging from 291 sq ft to 506 sq ft. The shops, which can be bought collectively or as individual units, face the central podium on the fifth floor...
Koh Brothers Group’s freehold residential development in prime District 10 will soon hit the market officially. The Van Holland condominium will be launched for public sales on Jan 11 with indicative prices starting from S$2,600 per square foot, Koh Brothers announced on Tuesday. Its private preview was held on Jan 3. The 69-unit development along Holland Road is set to obtain its temporary...
Two freehold shophouses, one along East Coast Road and the other in Geylang, have been launched for sale by tender. Their guide prices start from S$9.9 million for the East Coast shophouse and from S$4.98 million for the Geylang property, marketing agent PropNex Realty said on Tuesday. The shophouse on 711 East Coast Road also has a student hostel licence, which allows accommodation facilities for...
A pair of conservation shophouses along Tras Street is up for sale with a guide price of S$12 million for the larger property and S$10.8 million for the smaller unit. This works out to about S$2,800 per square foot (sq ft) for each shophouse, sole marketing agent CBRE announced on Tuesday. The larger shophouse has a land area of about 1,494 square feet (sq ft) and total floor area of about 4,257 sq ft,...
Green Court will be launched for collective sale on Jan 7, with its owners expecting offers above their reserve price of S$28 million, marketing agent Knight Frank Singapore announced on Monday. The tender for the freehold mixed-use redevelopment site along Geylang Road will close at 3pm on Feb 19. Including an additional development charge of about S$5.24 million payable to the authorities to...
Singapore is a small, vibrant city-state located in Southeast Asia that is divided into three main regions: the Core Central Region (CCR), the Rest of Central Region (RCR), the Outside Central Region (OCR). Each of these regions has its own unique character and attractions, making Singapore a diverse and dynamic place to live. Core Central Region (CCR) The Core Central Region (CCR) is the most...
Property consultants are generally expecting Grade A office rentals in the Central Business District (CBD) to be flattish this year, after this segment posted slower growth in 2019 than in 2018. JLL Singapore's head of research and consultancy, Tay Huey Ying said: "Clouded business prospects and subdued growth in Singapore's economy will provide little impetus for rent growth for the most part of...
Prices of private homes in Singapore are expected to rise by between 1 and 5 per cent this year, analysts say, after clocking a 2.5 per cent gain in 2019. At 2.5 per cent, the price growth moderated from the 7.9 per cent clip in 2018, the Urban Redevelopment Authority's (URA) flash estimate showed. For the fourth quarter of 2019, the overall price index for private homes was up 0.3 per cent - led by...
2019 was a busy year for the Ministry of National Development, with several major announcements related to housing policies. Advertisement Analysts told TODAY that they expect 2020 to be a “quiet year” with few to no policy changes, especially with a General Election around the corner — it has to be called by April 2021. Mr Nicholas Mak, the head of research and consultancy at real estate...
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