The Monetary Authority of Singapore's (MAS) proposed new regulations to tighten mortgage equity withdrawal loans (MWL) should have little impact on the property market if they are eventually introduced. Market players, who include mortgage loans brokers, said this is because most buyers who aim to cash out on the value of their homes are not the average home owners or property investors. Instead, they -...
General
Sentosa is now just a stroll away from VivoCity, with the opening of the Sentosa boardwalk. And travelling to the island on foot could now be a more fun experience. This S$70 million boardwalk is lined with themed gardens, shops and eateries. It is convenient for the elderly and handicapped too. There are travellators and a covered walkway for rainy days. To encourage more people to walk to Sentosa,...
A 10-unit boutique development at Robin Road, off Bukit Timah Road, has been sold to Sing Holdings for S$47 million. Credo Real Estate said all the owners at the development, known as Robin Star, penned their agreement to the collective sale by private treaty. The land area measures some 24,360 square feet. Under the 2008 Master Plan, the site is zoned for residential development up to a Gross Plot Ratio...
Residents living near Sungei Whampoa can now enjoy new riverside facilities such as lookout decks and a landscaped garden. This is the result of a S$2.2 million facelift that's part of the Active, Beautiful and Clean or ABC Waters Programme which kicked off in 2006. The project, which included the greening of canal walls along a 250-metre stretch of Sungei Whampoa from the Central Expressway to the St...
Interest in apartments at the 1,111-unit The Sail @ Marina Bay revived last month, with four units changing hands between Dec 21 and 28 at prices ranging from $1,899 to $2,990 psf. Eric Tay, an agent with PropNex who specialises in residential projects in the Marina Bay area, attributes the return of interest to the “spillover effect” from the strong take-up rate at the VIP preview of Robinson Suites...
The 99-year-leasehold Blue Horizon condominium by Far East Organization, located along West Coast Crescent, has seen resale prices heading north since the launch of The Vision right next door. Developed by Cheung Kong (Holdings), The Vision is fully sold and has set a new price benchmark in the West Coast neighbourhood, with transactions crossing the $1,000 psf threshold and penthouses hitting a high of...
Waterfront Isle is the finest edition of the Waterfront Collection, comprising 561 lavish units spread over 15 storeys. Offering breath-taking views of the Bedok Reservoir and Bedok Town Park or the swimming pool, Waterfront Isle allows you to live a life less ordinary. Featuring recreational facilities such as dining isles, BBQ pavilions, a party lounge and an alfresco cafe, Waterfront Isle provides you...
My Manhattan is located amidst amenities like the Simei MRT station and Eastpoint shopping mall, all within walking distance. The development is well-connected to the Changi International Airport and the Central Business District, each not more than 15 minutes away (via the PIE and ECP expressways). My Manhattan links you to outdoor nature of the sun, sand and sea at East Coast Park through Simei Park...
In a year fuelled by strong liquidity and economic growth, bungalows were the stars that led the surge in the Singapore property market in 2010. Data from URA shows that its price index for landed homes climbed 30.8 per cent last year. The sub-index for detached houses, or bungalows, soared 37.6 per cent against a 5.6 per cent rise in 2009. The index for non-landed private homes rose 14 per cent last...
Tampines Court owners are attempting an en bloc sale for the second time. MediaCorp understands that 47 percent of the owners met on Saturday for its first Extraordinary General Meeting (EOGM). A 12-member sales committee was also formed. The next step is for the second EOGM to decide on the marketing agents and lawyers to handle the sale, before deciding on the valuation of the estate which spans...