Singapore announces new property cooling measures: Higher ABSD rates, tighter loan limits

The Government on Wednesday (Dec 15) announced a package of measures to cool the private residential and HDB resale markets. The measures include raising Additional Buyer’s Stamp Duty (ABSD) rates, tightening the Total Debt Servicing Ratio (TDSR) threshold and lowering the Loan-to-Value (LTV) limit for loans from the Housing and Development Board (HDB), said the Ministry of Finance, the Ministry of...

Perfect Ten

Perfect Ten Perfect Ten is a freehold condominium development situated in District 10. Occupying a plot of about 104,531 square feet, the project is located along Bukit Timah Road. It comprises two symmetrical towers, featuring 230 units of two-bedroom and three-bedroom units. 80% of the units face the Bukit Timah Nature Reserve.Built with a 100-metre generous setback from the main...

Peace Centre, Peace Mansion sold for S$650 million on fifth attempt

Peace Centre, a shopping mall, and Peace Mansion, an adjacent apartment complex, have been sold after a fifth attempt at a collective sale, according to exclusive marketing agent JLL (Dec 3). CEL Development, Sing-Haiyi Crystal, and Ultra Infinity formed a joint venture to purchase the mixed-use property on Sophia Road for S$650 million. The reserve price for the collective sale was established at...

Canninghill Piers

Canninghill Piers CanningHill Piers is in a prime location on the site of the former Liang Court next to the vibrant Clarke Quay. There is nothing as comparable to CanningHill Piers. On one side is the sparkling Singapore River with its lively cafes, bars and restaurants. On the other side, the green tranquility of Fort Canning Hill provides the perfect backdrop. Aside from its...

Peak Residence

Peak Residence Located on an elevated site on Thomson Road, Peak Residence overlooks the entire landed housing estate along Chancery Hill Road and Dyson Road. This means that residents will benefit from the exclusivity and heightened privacy that comes from Peak Residence’s cocooned location. The project is a short walk to shopping malls in Novena such as Square 2, Velocity@Novena Square, and...

International Plaza up for en bloc sale with S$2.7 billion reserve price

International Plaza has been put up for collective sale at a reserve price of S$2.7 billion, marketing agency Edmund Tie & Company stated on Wednesday (Sep 1). The 50-storey mixed-use development's first effort at an en bloc sale is also its most expensive and comprehensive offering to date. A land rate of S$2,448 per square foot per plot ratio is reflected in the reserve price. International...

Klimt Cairnhill

Klimt Cairnhill For over a century, residences in Cairnhill had been homes to Singapore’s wealthy elite. Today, Cairnhill remains one of the most sought-after residential addresses in Singapore.Towering 36 storeys over Singapore’s prime district 9, Klimt Cairnhill will be one of the most exceptional landmarks to rise through the Orchard skyline. From the exquisite 2-bedroom...

One Bernam

One Bernam One Bernam is a 35-storey development comprising two-storey commercial, one-storey service apartments, 32-storey residential flats with a total of 351 units, with swimming pool, communal facilities, and a multi-storey car park. Located at the heart of the Central Business District (CBD), One Bernam is served by the Tanjong Pagar MRT Station, and the upcoming Prince Edward...

Park Nova

Park Nova An exquisite vertical garden in the Prime district 10, Park Nova soars above the prestigious Tomlinson Road and Orchard Boulevard, cropping up to be a green-clad landmark that overlooks one of Singapore's most coveted neighborhood.Featuring its signature biophilic greeneries that encompass sunlit terraces, natural ventilation, and panoramic views of the city’s magnificent...

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