Resale prices for non-landed private residential properties in Singapore rose slightly in January 2020 after a flat performance in December, according to flash estimates from real estate portal SRX Property. Condominium resale prices were up 0.5 per cent compared to December. Year on year (y-o-y), prices increased 2.3 per cent. Meanwhile, volume grew 4 per cent to 684 units resold in January, from...

The Housing and Development Board (HDB) has launched 3,095 flats for sale under the February 2020 Build-To-Order (BTO) exercise, it said in a news release on Tuesday (Feb 11). The flats, ranging from two-room Flexi to three-generation units, are located in the non-mature town of Sembawang and the mature town of Toa Payoh. Canberra Vista is located next to Canberra MRT station and across the road from...

Two industrial properties in Yishun are up for sale via expression of interest (EOI). Potential buyers may submit offers for either property or both, sole marketing agent Edmund Tie said on Tuesday. The indicative price for both properties is S$29 million. Individually, the indicative price for 539 Yishun Industrial Park A is S$9.8 million, while 543 Yishun Industrial Park A's indicative price stands at...

Three strata office units at Fu Lu Shou Complex on Rochor Road are up for sale at a guide price of S$7.2 million or S$1,400 per square foot (psf), marketing agent CBRE said on Tuesday. The units, which have a 99-year leasehold tenure starting 1980, may be sold individually or as a bundle. Located next to the lift lobby on level five of Fu Lu Shou Complex, the portfolio has a combined strata floor...

Frasers Property on Monday announced that Frasers Property Retail has entered into an agreement to acquire property manager AsiaMalls Management for an undisclosed sum. AsiaMalls Management manages a portfolio of five malls in Singapore: Century Square, Hougang Mall, Tampines 1, Tiong Bahru Plaza and White Sands. It also manages a 20-storey office tower, Central Plaza, along Tiong Bahru Road. The six...

Some Singapore-listed housing developers can now apply to be exempted from the Qualifying Certificate (QC) rules imposed on foreign housing developers, provided they have a "substantial connection to Singapore". This will spare them from having to pay hefty extension charges if they cannot meet stipulated deadlines to complete developing their projects and selling all the units. Developers that stand...

The Housing Board resale market started this year on an upbeat note. More HDB changed hands in January compared with December and their prices inched up by 0.5 per cent. In all, 1,920 HDB resale flats were sold last month, 3.3 per cent more than December, according to flash estimates from real estate portal SRX on Thursday. It reversed a 3 per cent slide in December from the preceding month. It...

Sungei Kadut is set for a multimillion-dollar facelift that will see the area transformed into an eco-district that embodies the concept of live, work and play, based on a 30-year plan to enliven one of Singapore's oldest industrial estates. Announcing the plans on Thursday morning, Trade and Industry Minister Chan Chun Sing said Sungei Kadut Eco-District will anchor new growth industries, such as...

A portfoilo of 11 freehold commercial units at mixed-use development Balestier Point is up for sale at S$68 million, exclusive marketing agent Savills Singapore said on Wednesday. Unit sizes range from 269 to 5,609 square feet (sq ft), making up a total strata area of about 19,787 sq ft. The units can be bought individually or collectively, with the smallest unit priced at about S$1.2 million. They...

In property-crazed Singapore, owning real estate isn't always the high-yielding investment you might think. The rate of return for private apartments in the city-state has slipped since 2011, when measures to cool the market were introduced by the government. In fact, some units now have a lower yield than Singapore's national pension plan, the Central Provident Fund (CPF), which has a minimum fixed...