General

Buckley Classique

Buckley Classique is located in the prestigious district 11. Away from the hustle and bustle of the city, yet uncompromisingly convenient to your daily needs. Supermarkets, distinguished clubs, MRT, eateries, Newton food centre and various shopping centers are just a stone’s throw away. Reputable primary schools like Anglo-Chinese School and St. Joseph’s Institution are also within 1km. You will enjoy...

Colliers Hong Kong report shows growing uncertainty in property market

The Hong Kong residential property market is on the rise with housing sites fetching high prices in recent land auctions and individual residential developments registering record high transactions, Colliers International Hong Kong (CIH) has reported. But a slowdown in residential sales activity over the past quarter revealed a growing uncertainty in the market. Ricky Poon, CIH’s executive director of...

HDB to release land site for executive condo housing

The HDB will release another land site meant for executive condominium housing. The site at Upper Serangoon View is being made available for application under the reserve list of the government land sales programme for the first half of this year. Under the Reserve List System, developers who are interested in purchasing the land can submit their application indicating the minimum offer price to...

The Viridian

Nestled in the charming and bustling enclave of Balestier. The Viridian will be an iconic and stylish residential development, perfectly combing the beauty of aesthetics, functionality and lush landscaping to create an enviable home. Designed by renowed architectural firm Ong & Ong Architects, it will have the luxury of space in the residences and breathtaking, unobstructed cityscape vistas of the...

CPF minimum sum to be revised upwards to S$131,000

From July, the prevailing CPF minimum sum (MS) will be revised upwards to S$131,000, up from S$123,000. The CPF Board said the new MS will apply to members who turn 55 from July 1 2011 to June 30 2012. It was announced in August 2003, that the minimum sum would be raised gradually to reach S$120,000 (in 2003 dollars) in 2013. CPF Board said the increase in minimum sum, which includes an adjustment for...

Asia-Pac invested stock ‘flourishing’

Asia Pacific will trail Europe to become the second-biggest commercial property market by the end of this year, according to global property consultants DTZ. But come 2012, DTZ said Asia Pacific's commercial property market will increase to US$4.4 trillion, placing the region on par with its European counterpart. Asia Pacific's commercial property market grew by 14 per cent in 2010 to US$3.5 trillion,...

URA accepts joint tender for Jurong Gateway site at nearly S$969m

The Urban Redevelopment Authority (URA) has accepted a joint tender for the Jurong Gateway site at a tender price of nearly S$969 million from CapitaMall Trust, CapitaMalls Asia and CapitaLand. The 99-year leasehold site is likely to be developed into a mixed retail and office space. It has a land area of approximately 18,159 square metres, with a maximum permissible total gross floor area of 88,980...

Singapore’s property market headed towards a perfect storm?

When a country registers a 15 percent growth rate, as Singapore did last year, there is bound to be a spill-over wealth effect. Singapore’s housing market has been cashing in on this big time - prices have rebounded 50 percent in just two years, according to the Urban Redevelopment Authority, and cooling measures by the government have done little to calm them. At a recent real estate conference...

‘Strike balance’ when reviewing HDB income ceiling

As the Government reviews the income ceiling to qualify to buy new public housing - a move considered by some market watchers to be long overdue - property analysts cautioned that a balance would have to be struck between helping the sandwiched class and ensuring that the market could cope with an influx of new buyers. Analysts whom Today spoke to said that a higher income ceiling of S$10,000 a month -...

More rental flats needed, say MPs

Members of Parliament (MPs) said there is a need to raise the supply of rental flats significantly, to match demand. They said despite a shorter waiting time, there are still segments of the population who need rental flats quickly. Their comments come a day after Minister for National Development Khaw Boon Wan said there was a need to ramp up the supply of these flats by "tens of thousands". MPs said...