THE Housing & Development Board said on Thursday that its resale flat price index dipped 0.1 per cent in the fourth quarter of 2016 over the preceding quarter. The drop for the whole of last year was also 0.1 per cent. The number of resale applications registered dropped 9.1 per cent to 5,012 cases in Q4 2016 from 5,514 cases in Q3 2016. For the full year of 2016, the number of resale transactions rose...

THE Urban Redevelopment Authority's price index for private homes fell 0.5 per cent in the fourth quarter of 2016 over the previous quarter. This was a smaller decline compared with the 1.5 per cent quarter-on-quarter drop in Q3 2016. For the whole of 2016, prices fell 3.1 per cent, also a smaller drop compared with the 3.7 per cent decline in 2015. For full-year 2016, prices of landed properties...

RENTS and prices of commercial space in Singapore fell by a faster clip in 2016 compared to 2015, with office vacancies shooting up to a four-year high since Q1 2012. Latest data from the Urban Redevelopment Authority (URA) released on Thursday showed that rents of office and retail space slipped over 8 per cent in 2016. Office rents slipped for the seventh straight quarter by 1.8 per cent in the...

The Clement Canopy is in the middle of three transformational growth areas. To the West, Jurong. To the East, one-north. And just right next door, the Kent Ridge Education Belt. Thoughtfully designed facilities bring the family closer together, by taking the home beyond its walls. The landscape becomes your playground and sanctuary. Various pools, fitness and wellness spaces, play areas for children, and a...

Public spaces on private property will soon have to meet new design guidelines such as providing ample shade and public seating, according to a circular to building owners and developers by the Urban Redevelopment Authority (URA) on Tuesday (Jan 24). These spaces include covered public spaces such as the area outside Asia Square, outdoor public spaces such as the atrium outside Ion Orchard, and urban...

Ascott has secured contracts to manage another six properties with more than 1,200 apartments in China, the serviced residence operator announced in a media release on Thursday (Jan 19). Two of the properties are in Handan and Xuzhou - two cities new to Ascott - and the rest in Changsha, Shenzhen, Tianjin and Wuhan. Citadines Sunhope e-Metro Shenzhen is slated to open this year, while Citadines...

Viewing decks and new spaces have been built along Kallang River and Sungei Whampoa, as part of national water agency PUB’s Active, Beautiful and Clean (ABC) Waters programme. The project at Kallang River was officially opened on Sunday morning (Jan 22) by Communications and Information Minister Yaacob Ibrahim who is also the MP for Jalan Besar GRC. The project involved an upgrade of a 320-metre...

A Singapore property agency that marketed a US hotel project to an investor has been fined S$7,500, for failing to inform him in writing of the risks involved in buying foreign properties. The US developer was later charged with alleged fraudulent activities. According to the Council for Estate Agencies (CEA) in a news release on Thursday (Jan 19), Square Yards Singapore and US developer North Dakota...

When Ms Hidayah Amin walks around her old neighbourhood of Kampong Glam, she does not hide her disappointment. To her, it “has no spirit anymore”. “Last time, this used to be a residential area. Today, it is just very sanitised and commercialised … the whole place is just for tourists,” she told the programme Talking Point. The former resident feels that despite conservation efforts since...

See, smell, hear, touch and taste what nature has to offer - this is what Singapore's first childcare centre in a park will offer when it opens its doors at the end of this year to 400 children aged between two months and six years. The two-storey facility at Sengkang Riverside Park will be run by anchor operator Skool4kidz, and is one of four mega childcare centres that will be built by the middle of...