Property developers sell just 376 units last month despite launching four times as many units SALES of private homes continued to languish last month, with the poor sales in August - the Hungry Ghost month - proving to be more than just the usual annual blip. It was more of a sign of things to come, as the ongoing financial turmoil takes its toll on home-buying sentiment. According to data released...
General
Municipal governments in Shanghai and Hangzhou on China's east coast have joined a growing number of cities to introduce measures to prop up the sliding real estate market. For individuals buying their first homes in Shanghai, the maximum they can borrow from the government's housing fund has been doubled to 200,000 yuan ($43,100), the city's housing fund management agency said. The new rules took effect...
THE Legends Fort Canning Park has closed for renovations from today but unhappy members are still fighting to have their voice heard about the town club's renovation plans. Six club members met with the Urban Redevelopment Authority (URA) yesterday in a closed door meeting to "understand what has been approved by the URA because what we know from the management is very unclear." One member, Mr Joe...
Sales of private homes in Singapore improved 17.5 per cent in September, compared to the previous month. But analysts said the pickup fell short of expectations, given the low base in August caused by the Hungry Ghost Festival. The seventh month of the Lunar calendar is traditionally regarded as an inauspicious period and buyers usually refrain from making purchases during that time. Almost 300 per cent...
The 99-year leasehold Parkway Centre has been put up for collective sale. The commercial property, which is located in the Marine Parade town centre, can be redeveloped into an office-cum-retail development, with a gross floor area of up to 157,625 square feet. The building is located opposite Parkway Parade and near Roxy Square. It is surrounded by residential projects like Parc Seabreeze, Silversea and...
BOTANIKA is a freehold, 34-unit exclusive boutique residential development designed by the multi-award-winning SCDA Architects. Nestled in nature’s greenery next to the Singapore Botanic Gardens and just minutes from the best shopping in the heart of the city. Nestled in a lush parcel of land next to the Singapore Botanic Gardens, at the junction of Holland Road and Taman Nakhoda, Botanika is an...
For the first time, three state properties in central Singapore will be leased out to private collectors to display their artworks, and about a dozen collectors from Southeast Asia have shown interest in the premises. The former Catholic High School – a four-storey building in Singapore's central arts district along Queen Street – is getting a facelift, together with two other century-old army...
Singapore is set to keep its position as the world’s top bunkering port, with the Maritime and Port Authority of Singapore (MPA) forecasting a record full-year sales volume of 33 to 35 million tonnes this year. According to Transport Minister Raymond Lim, a total of 26.4 million tonnes of bunkers were lifted between January and September 2008, an increase of 12 percent compared to the same period in...
The Jewel Box at Mount Faber celebrated the opening of its new extension with much fanfare on Monday night. It is not just any ordinary extension to the main building which houses the cable car station opposite the resort island of Sentosa. The new structure, a restaurant, utilises green architectural concepts. That is why the three mature Angsana trees in the area were not chopped down and were instead...
Another former school has been made available for use by a commercial or international school to help ease demand for places. The Singapore Land Authority (SLA) will launch a public tender for the former Seh Chuan High School off Upper Bukit Timah Road on Wednesday. The former Seh Chuan High School was last used by the Jurong Gardens School, run by the Movement for the Intellectually Disabled of...