General

Survey shows S’poreans still keen to invest in property

Despite the economic uncertainties in Europe, many Singaporeans are still keen to invest in a new property. A recent survey by PropertyGuru, an online property site, found that seven in 10 home hunters will buy a property in the next 24 months. The private residential market remains resilient with a bumper sale of 2,207 new units in April. Private apartments are hot property, and public housing flats...

Link Residence @ Holland

Set against a serene backdrop of luscious greenery is one of Singapore’s latest luxury residential developments, Link Residence @ Holland is a cluster of uniquely designed bungalows aimed at providing a cosy respite from fast-paced urban life. Situated along Greenleaf Road, the Link Residence @ Holland estate lies close to Sixth Avenue, Holland Village and the Orchard Road shopping belt. A perfect...

Suites De Laurel

Living in exclusive Bukit Timah bespeaks a privileged lifestyle. A style of fine dining, excellent recreational facilities at country clubs, lush greenery surroundings, top schools and ease of accessibility. Located on Dunearn road, Suites De Laurel offers you a chance to live this affluent way of life complete where you can find solace and repose after a hard day's work. Location: Jalan Anak Bukit...

Unit at Maplewoods sells for $1,155 psf

Maplewoods may be 13 years old but the 697- unit freehold condominium located along Bukit Timah Road has seen a resurgence of interest from home buyers. Prices have seen strong support at the $1,000 psf level since the start of the year. For the first time since January 2008, prices crossed the $1,200 psf level when a 1,410 sq ft unit on the fifth floor of one of the five blocks changed hands for $1.69...

2010 still likely a banner year for private property

THE private homes market has slowed in the past fortnight but experts feel 2010 will still emerge as a banner year for the sector. They say sales of new private homes will come close to matching levels seen in the boom days of 2007, but transaction values are likely to be higher given the rise in prices. According to a report by consultant CB Richard Ellis (CBRE), the total value of new home sales this...

Private property market getting hotter

The private property market here surged as 2,207 units were sold last month - the first time it broke the 2,000-unit mark in nine months since July last year. This was also 25.3 per cent higher than the 1,761 private homes sold in March, according to the latest data from the Urban Redevelopment Authority (URA). Demand for such housing also far outstripped supply as only 2,084 units were launched last...

Hillview Terrace residential site put up for sale by tender

A freehold residential site at Hillview Terrace has been placed for sale by tender. Its marketing agent, DTZ, said owners of the properties there have agreed to put up their units for collective sale. The Hillview Terrace plot comprises even numbered units of between 12 and 24. The site occupies a land area of some 49,164 square feet (4,567.5 square metres) and it can be developed into a 10-storey...

Strong demand for private homes with 2,207 units sold in April 2010

Private home sales breached the 2,000-unit mark for the first time in nine months since July 2009. Figures from the Urban Redevelopment Authority (URA) show that 2,207 units were sold in April on the back of positive sentiment and resilient demand. While the transaction volume exceeded market expectations, analysts said it is unlikely to be sustainable. Private home sales in April were also 25.3 per...

Sheng Siong wet markets see 5 new tenants despite rent rise

Five tenants have signed on with Sheng Siong despite the 30 percent increase in rent at its wet markets from April, which saw 14 tenants leaving. Two stalls at Yew Tee wet market were quickly snapped up after three tenants left. Serangoon wet market saw two new tenants after the rental increase, while Fajar saw one. Hawkers MediaCorp spoke to said their business can cover the increased rent, and they...

A matter of time

Tempers flared at Thomson View condominium yesterday when a scheduled extraordinary general meeting (EOGM) for the establishment of a new en bloc sales committee had to be called off due to a lack of quorum. Thomson View's appointed managing agent CKH Strata Management called off the meeting after it declared that the minimum 30 per cent of share value, made up of residents or their proxies, required to...

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