Scammers are targeting property buyers by impersonating their lawyers handling the transactions - then fraudulently asking for funds to be transferred to them. Two law firms recently encountered such scam in quick succession, one of which had a client who fell for the ruse and ended up with unspecified losses, the Law Society revealed at a press conference on Friday. It said the scammers' modus...
General
Juniper Hill is located just minutes drive away from Orchard Road, where a host of amenities are readily available, such as retail outlets, supermarkets, restaurants and eating establishments, banks, cinemas, and other entertainment facilities. There are schools located in the vicinity, such as Singapore Chinese Girls and Raffles Girls Secondary. The development is also within 700m walking distance to...
The Housing and Development Board (HDB) has launched 6,753 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Wednesday (May 22). The launch includes 3,485 BTO flats in Kallang Whampoa, Tengah and Woodlands as well as 3,268 SBF flats across various towns and estates. This is the first HDB sales exercise in which the balloting...
Oxley Holdings will complete asset enhancement initiative (AEI) works on Chevron House and expects to achieve final completion of the sale of the 32-storey Raffles Place commercial building no later than the first quarter of 2020. It will also divest the retail and banking units "as soon as practicable, taking into consideration market conditions" but will do so before the final completion, the...
Singapore escaped the downtrend that caught every other major national Asia Pacific (Apac) real estate market in the first quarter of this year, with commercial real estate investment jumping 72 per cent year-on-year to US$1.9 billion, data released by Real Capital Analytics (RCA) on Tuesday show. "While the last three months of 2018 were dominated by a handful of major deals in the industrial sector,...
Spaces, owned by flexible workspace provider IWG, has opened two new locations in Singapore, at TripleOne Somerset and Clarke Quay. This brings the number of locations it has to four, with plans to open an additional two more by year-end. The TripleOne Somerset branch has a blue-chip tenant list which includes luxury and lifestyle brands such as Gucci, Casio and Samsonite. It spans over 35,000 square...
Sloane Residences is a boutique development set within 2km of Orchard, Newton and Novena. Prestigious schools like ACS (Barker), ACS Junior, Raffles Girls School, SCGS and SJI are just a stone’s throw away. It is an intersection of modern convenience and an enriched quality of life, set in the midst of quiet tree-lined boulevards and the nearby leafy Goodwood Hill suburbs. This exclusive development is a...
The first housing project in Tengah's Garden District will be launched for sale in the Build-to-Order (BTO) exercise this month, said the Housing and Development Board (HDB) on Monday (May 20). Garden District is the second of five housing districts in Tengah to be developed, after Plantation District. Unveiling plans for Garden District on Monday, HDB said it is expected to provide up to 6,500 new...
Despite the cooling measures introduced on July 5, 2018, Singapore's residential property market has stayed resilient and quarterly primary home sales rose in the last three quarters, to the surprise of many. In the first quarter of 2019, developers sold 1,838 new private homes, 16 per cent higher than the same period the previous year. Non-landed residential prices outside the core central region...
Singapore is the third most innovative city in the world, with innovation now an important part of real estate investment strategies, according to a new report from global property consultant JLL. The Republic, behind San Francisco and Tokyo, is supported by significant levels of foreign domestic investments, and a rapidly growing startup scene. It is a regional hub for R&D (research and development)...