General

Lure the foreign buck

Make it easier for expatriates to buy houses they can live in WITH Singapore's safe track record and attractions, such as the two integrated resorts to be completed in a couple of years, this is the best time to attract more foreign entrepreneurs to Singapore. But not all foreign entrepreneurs can afford or are willing to pay for high-end condominiums as some may prefer to put more money into their...

Property agents say more private homes on sale amid downturn

Property agents said there's been an eight per cent jump in the number of private homes being put up for sale recently compared to previous two quarters. HSR Property Consultants said about half of the sellers have bought units under the Deferred Payment Scheme. The scheme which was scrapped last October allowed homebuyers to delay payments on new property until it is completed. Eric Cheng, executive...

NOVA 48 @ Prome Road

Location: Prome Road Tenure: Freehold Description: 1 Block of 12 Storey with a part 4 storey apartment Year of Completion: 2012 Total Units: 48 Unit Types: 1 + study ~ 657 sqft (2 units) 2 bedroom ~ 861 sqft (2 units) 3 bedroom ~ 936 - 1453 sqft (28 units) 3 + study ~ 1098 - 1152 sqft (13 units) Penthouses ~1346 - 1948 sqft (3 units) Facilities: Heated Swimming Pool, Gym, Pool Deck, Children Pool, BBQ...

NOVA 88 @ Bhamo Road

Location: Bhamo Road Tenure: Freehold Year of Completion: 2014 Total Units: 88 (1 block, 16 storeys) Unit Types: Studio ~ 506 sqft (8 units) 1 bedroom ~ 484 - 549 sqft (4 units) 1 + study ~ 603 - 710 sqft (12 units) 2 bedroom ~ 915 - 926 sqft (24 units) 2 + study ~ 980 sqft (8 units) 3 bedroom ~ 1195 - 1346 sqft (5 units) 3 + study ~ 1249 sqft (13 units) 4 bedroom ~ 1238sqft to 1313 sqft (8...

Media Park @ One North to begin Phase 1 development next year

First there was Biopolis; then recently, Fusionopolis was added. Next year, Singapore's business park at One North will see its Media Park begin the first phase of development. Details of the park's masterplan will be released on Wednesday by Information, Communications and the Arts Minister Lee Boon Yang. The architect behind Media Park @ One North is Bernard Tschumi, a Swiss-French now based in New...

URA gazettes Singapore’s Master Plan 2008

Singapore's Urban Redevelopment Authority (URA) has gazetted its Master Plan 2008. It is a statutory land use plan that guides physical development of the country for the next 10 to 15 years. Some 200,000 people visited the exhibition of the Draft Master Plan 2008 over the past six months. And as part of public consultation process, the urban planners also reviewed 300 feedback received during the...

Tokyo ranked as Asia-Pacific’s top property investment city

Tokyo has been ranked as the top property investment city in the Asia-Pacific, according to a survey by Washington-based Urban Land Institute and PricewaterhouseCoopers. But while investors see plenty of opportunities in the regional property sector, financing may prove to be a key challenge in the coming year. Together with Tokyo, Singapore, Hong Kong, Bangalore and Shanghai round up the list for the...

BCA initiates plan to strengthen local construction sector

The Building and Construction Authority (BCA) is launching initiatives to attract locals to join the construction sector and to strengthen skills at all levels of the sector's workforce. These initiatives are part of a masterplan that is being drafted to build a competent, productive and progressive labour force for the local construction industry. Announcing the masterplan on Friday at a BCA Academy...

A prudent breather to ward off glut

IT IS a “prudent” move to let the market catch its breath and adjust, say analysts. And in any case, the sites that will remain available for sale after the Government moved yesterday to further curb the supply of land for private homes and commercial space would probably get few takes. The Ministry of National Development (MND) announced it will not release any private residential sites outside...

Costs up, but S’pore far cheaper than rivals

The Republic is 12th most expensive city in Asia WITH inflation and fluctuating exchange rates, Singapore has leapt 27 places up the global rankings of the world’s most expensive cities to live in. The consolation for the Republic is, its regional rivals have seen costs balloon far more astronomically. Even as it jumped up to 95th place worldwide, Singapore’s Asian ranking rose just one notch up to...

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