In August, five Housing and Development Board (HDB) resale flats transacted for at least S$1 million, as prices across the housing segment continued inching higher despite the Covid-19-battered economy, a report released on Thursday (Sept 3) said. Property experts responding to the Singapore Real Estate Exchange (SRX) flash report told TODAY the HDB resale market is showing signs of strong resilience,...

Forced to work from home over the past few months, companies and organisations are set to embrace remote work as a permanent management strategy for some functions within organisations. COVID-19 has demonstrated that for many companies, working from home can be almost as productive as being in the office, especially carrying out operational functions. It is now viewed as being a prudent way of...

OCBC Bank has launched a new Sora-based home loan, which references the three-month compounded Singapore overnight rate average (Sora) that is published by the Monetary Authority of Singapore (MAS). The three-month Compounded Sora Home Loan is available for all loan types - completed properties, properties under construction, new home loans and repricing of existing home loans. This comes as the...

Private developers sold 1,080 new homes excluding executive condominiums (ECs) in July, a third straight month of growth. However, compared to July last year, private home sales volume fell 8.4 per cent from 1,179 units, according to data from the Urban Redevelopment Authority on Monday (Aug 17). On a month-on-month basis, July's sales marked an 8.2 per cent jump from the 998 units transacted in...

Private developers sold 1,080 new homes excluding executive condominiums (ECs) in July, a third straight month of growth. However, compared to July last year, private home sales volume fell 8.4 per cent from 1,179 units, according to data from the Urban Redevelopment Authority on Monday (Aug 17). On a month-on-month basis, July's sales marked an 8.2 per cent jump from the 998 units transacted in...

Property developer Sun Ventures has appointed CBRE as the exclusive marketing agent for the sale of two consecutive strata office floors - levels nine and 10 - at Samsung Hub by way of an expression of interest (EOI) exercise. The indicative price is S$104.88 million, which translates to about S$4,000 per square foot based on a total strata area of about 26,220 square feet (sq ft) or 13,110 sq ft for...

Two adjoining plots of land - 1 and 3 Jalan Lembah Kallang - are up for sale with a guide price of S$8.5 million each or S$17 million for both, sole marketing agent Savills Singapore said on Monday. No 1 is a detached factory, comprising a three-storey front office building with a single-storey rear workshop. It has a total gross floor area (GFA) of about 6,000 square feet (sq ft) and land area of 8,475...

There has been no successful collective sale of residential sites in Singapore since the Covid-19 pandemic started, bringing the en bloc market, which has been slowing down since the July 2018 cooling measures, to a halt. Checks with property analysts showed that there have been six launches and only one deal closed in early January before the coronavirus outbreak hit Singapore’s shores. In...

Freehold residential development Tivoli Lodge has entered private treaty on Friday - after having been launched for collective sale by tender in March this year - sole marketing agent ERA Realty Network told The Business Times. The guide price remains the same at S$17.3 million, which translates to a land rate of about S$795 per square foot per plot ratio. There will not be any additional development...

JTC has accepted an application to put up an industrial site at 160 Gul Circle for sale by public tender. This was after it received an application with a committed bid price of not less than S$2 million for the land parcel. The minimum bid price was acceptable to the government, hence the site will be released for sale by tender on Aug 25 for a period of six weeks. The land parcel has a tenure of 20...