Resale prices of Housing & Development Board (HDB) flats declined by 0.6 per cent in the first quarter of the year compared to the previous quarter, according to flash estimates released by HDB on Monday (Apr 3). The resale price index - which provides information on the general price movements in the resale public housing market - is estimated to have slid to 133.8 from 134.6 the previous quarter, HDB...

The run-up in U.S. real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said on Tuesday, urging regulators globally to consider tools beyond interest rates that could help cool the sector. A sharp downturn in U.S. residential and commercial property prices in 2007 and 2008 rocked banks that were highly leveraged in the sector, sparking the global...

Market experts are anticipating strong pent-up demand for the upcoming condominium project at Siglap Link by Singapore-listed Frasers Centrepoint Limited by virtue of its location and palatable price quantums for the smaller units. The launch is scheduled on April 22 after a two-week preview starting this weekend, comes on the heels of strong sales in earlier launches this year. The 843-unit Seaside...

Five broad key ideas to rejuvenate Kallang River were introduced on Wednesday (Mar 29), when the Urban Redevelopment Authority (URA) launched the A River Runs Through It exhibition. The exhibition is a call for public feedback and ideas on a preliminary conceptual plan to rejuvenate the Kallang River, and revitalise the areas around the river, and was officiated by National Development Minister Lawrence...

For the fourth consecutive year, Singapore has been ranked the world's most expensive city for expatriates to live in, in a survey by the Economist Intelligence Unit (EIU). The Worldwide Cost of Living 2017 report listed five Asian cities in its top six, including Hong Kong, Tokyo, Osaka and Seoul. The exception was Switzerland's Zurich, which was ranked third. Geneva, Paris, New York and Copenhagen...

The last of Singapore's Housing and Urban Development Company (HUDC) estates has been privatised, it was announced on Friday (Mar 17). Braddell View estate has obtained the required 75 per cent majority support from flat owners to proceed with the privatisation, said the Housing and Development Board (HDB) in a press release. With effect from Friday, it will be converted into a strata-titled estate...

Demand for new private homes more than doubled in February, with 977 units sold by developers compared with the 382 units sold in January, according to figures by the Urban Redevelopment Authority (URA) on Wednesday (Mar 15). Compared to figures a year earlier, the 977 units sold is more than triple that of the 303 units sold last February. Including executive condominiums (ECs), a total of 1,306...

Singapore was ranked as the best place to live in Asia for expatriates and 25th best in the world in the 19th Quality of Living survey by consulting firm Mercer's released on Tuesday (Mar 14). Vienna, Austria's grand capital on the Danube river, was ranked first for the eighth year in a row, while Baghdad is again considered the worst place to live. Two Japanese cities, Tokyo and Kobe, were the next...

Just 3 minutes' walk from the upcoming Siglap MRT Station, Seaside Residences is a residential development along Siglap Link and the East Coast Park. Close to numerous top schools, business parks, leisure destinations and the beach, it offers residents a rare opportunity to make the seaside their home. Seaside Residences is the one new launch in the East Coast offers you unblocked views of the sea,...

The Government’s tweaks to some residential property cooling measures on Friday (Mar 10) are a timely move, but observers said these adjustments are unlikely to have a significant impact on the local property market. Even as the announcements marked the Singapore Government’s first relaxation of the property cooling measures rolled out since 2009, market participants should not expect further...