The cooling measures introduced in July 2018 have dampened overall home-buying demand but in the top end of the condo market, foreigners may have shown more resilience. Drawing data from the Urban Redevelopment Authority's (URA) Realis, a report by ERA Research & Consultancy showed that the number of non-landed private residential units in the Core Central Region (CCR) bought by Singaporeans sank some...

The number of Singapore condominium units resold last year totaled just 9,017, sliding 27.4 per cent from 2018, according to real estate portal SRX Property's latest report on the non-landed private residential resale market. As for December 2019, an estimated 650 units were resold during the month, dropping 15.4 per cent from the previous month but increasing 21.5 per cent year on year (y-o-y),...

Last year was a controversial one for WeWork, but it is not planning to scale back its plans in Singapore, said the co-working space operator's Southeast Asia managing director Turochas Fuad in an interview with CNA on Friday (Jan 10). Once valued at almost US$50 billion, WeWork's growth hit a roadblock in 2019 after it filed its prospectus for an IPO in August. Advertisement Potential investors...

Towers built from old shipping containers, farms and theme parks were some of the ideas proposed to redevelop the Pasir Panjang Power District, as part of the Government's plans to transform the Greater Southern Waterfront. An exhibition launched on Monday (Jan 13) showcased proposals from the 'Power-Up Pasir Panjang' competition, which invited people to imagine the district in the next 15 to 20...

Urban Redevelopment Authority tenders for two 99-year leasehold private housing sites - one along Irwell Bank Road near Great World City, and the other near Bartley MRT Station, closed on Thursday. Here are the provisional tender results: The site at Irwell Bank Road drew seven bids. The highest bid, from City Developments (CDL), was at nearly S$583.89 million or S$1,515.10 per square foot per plot ratio...

Fewer Housing Board resale flats were sold last month compared to November, with a 3 per cent drop, even as resale flat prices dipped slightly by 0.3 per cent in the same period. In all, 1,858 HDB resale flats changed hands in December, real estate portal SRX Property said on Thursday. Compared to a year ago, resale volume last month was up 29.6 per cent. A total of 22,477 HDB resale transactions...

A portfoilo of 11 retail shops in Sim Lim Square is up for sale via expression of interest for S$22 million, sole marketing agent Knight Frank Singapore said on Wednesday. The total strata area of the shops is about 5,000 square feet (sq ft), with unit sizes ranging from 291 sq ft to 506 sq ft. The shops, which can be bought collectively or as individual units, face the central podium on the fifth floor...

Koh Brothers Group’s freehold residential development in prime District 10 will soon hit the market officially. The Van Holland condominium will be launched for public sales on Jan 11 with indicative prices starting from S$2,600 per square foot, Koh Brothers announced on Tuesday. Its private preview was held on Jan 3. The 69-unit development along Holland Road is set to obtain its temporary...

Two freehold shophouses, one along East Coast Road and the other in Geylang, have been launched for sale by tender. Their guide prices start from S$9.9 million for the East Coast shophouse and from S$4.98 million for the Geylang property, marketing agent PropNex Realty said on Tuesday. The shophouse on 711 East Coast Road also has a student hostel licence, which allows accommodation facilities for...

A pair of conservation shophouses along Tras Street is up for sale with a guide price of S$12 million for the larger property and S$10.8 million for the smaller unit. This works out to about S$2,800 per square foot (sq ft) for each shophouse, sole marketing agent CBRE announced on Tuesday. The larger shophouse has a land area of about 1,494 square feet (sq ft) and total floor area of about 4,257 sq ft,...