Letter from STEVE K NGO I REFER to the report, “Private home sales shrink 46%” (Jan 16). I am disturbed by the apparent obsession of “industry experts” in Singapore to over-stimulate the property market by painting a picture that is rosier than the situation dictates, particularly so in the midst of a looming financial crisis. The truth is that the crunch is already upon us, with the United...
Allow potential buyers to make higher use of CPF to own a home Letter from ANTHONY TAN LIKE many first-time flat buyers, I am having great difficulty getting a Housing and Development Board (HDB) unit so that I can start a family. To buy a unit, you can either ballot for one or buy one on the resale market. But at last month’s balloting exercise, there were 5,147 applicants for 316 available units. It...
Demand for ‘condo-like’ HDB flats outstrip supply by five times. APPLICATIONS for the second batch of condo-like HDB flats, near Boon Keng MRT station, closed yesterday, with demand outstripping supply by five times. As of 6pm yesterday, City View @ Boon Keng, part of HDB’s Design, Build and Sell Scheme (DBSS), attracted 3,499 applications for the 714 flats up for sale. About 50 more applications...
Homebuyers were more cautious and realistic when paying for new properties last month, according to analysts’ assessment of the latest data from the Urban Redevelopment Authority. The figures showed the number of new properties sold in December was just half of those sold in the previous month. After peaking at 1,800 units in August, monthly sales of new private properties have dropped to just 291...
Lull normal during year-end holiday season: Analysts The number of new private homes sold in December about halved from the month earlier, but analysts attribute the drop to the year-end holiday season and say it is not necessarily an indication that the property market has peaked. According to data released by the Urban Redevelopment Authority yesterday, 328 new private residential units were sold in...
ONLY 39 buildings made the mark last year. But just two weeks into 2008, nearly 120 building projects, both private and public, are lined up and eager for a Green Mark rating. The idea of building sustainability is gaining acceptance among industry players and builders, even as need and legislation are providing the added impetus. "So far, over 70 buildings have been Green-Mark-certified, and many more...
GuocoLand said its plans to redevelop the Leedon Heights site are progressing on track. It has named award-winning SCDA Architects as architectural consultant, while Intaran Design has been engaged as landscape specialist. GuocoLand, which is scheduled to take over vacant units by June, completed the en bloc purchase of the site last month. The developer is considering allowing former owners to continue...
Phase one of the Waterfront collection set for Q1 2008 Frasers Centrepoint Limited and Far East Organization have announced plans for the launch of phase one of the Waterfront collection, which is expected to take place by the first quarter of 2008. The first joint venture between the two companies, the Waterfront collection is located on Bedok Reservoir Road and is believed to be the largest residential...
Typical and ordinary is fine for some, but for those who prefer to immerse themselves in the art of creation, there’s 2RVG. Where a mesmerising structure commands attention the moment you see it. Comprising 60 exclusive units of 1 and 2-bedroom apartments. 2RVG is designed for those with refined palates. With a certain grace and serenity, the contemporary living spaces and intimate privacy provide a...
Location : 72 Holland Road (District 10) Development : One block of 12-storey apartment Tenure : Freehold Land Size : 14,144 sqft Year of Completion : 2015 Total Units : 27 Unit Types : 1+1 ~ 592 to 710 sqft 2 bedroom ~ 883 to 936 sqft 3 bedroom ~ 1076 to 1195 sqft 3 bedroom penthse ~ 1862, 2142 sqft 4 bedroom penthse ~ 2475 sqft Facilities : Swimming Pool Gym Children Playground BBQ Whirlpool...