Property experts and prospective homebuyers are already upbeat about plans unveiled by Prime Minister Lee Hsien Loong during Sunday's National Day Rally, involving housing development along Singapore’s southern coastline. However, experts agreed that public housing at the mega waterfront development project is set to be at the upper end of Housing and Development Board (HDB) pricing — similar to...

The name ‘Cuscaden Reserve’ is a nod not only to the luxurious and refined design of the development, but also to the rare collaboration between developers renowned for setting benchmarks within the luxury real estate market. ‘Reserve’ collections are often associated with the finest materials, carefully crafted in limited edition to appeal to the increasing demands of a premium clientele base....

The Housing and Development Board's (HDB) August sales exercise will be pushed to September, said Minister for National Development Lawrence Wong, in a Facebook Post on Tuesday (Aug 20). "To allow more home seekers to benefit from the upcoming changes, HDB will push back its Sales Exercise from Aug to Sep." Advertisement The move is to allow more home buyers to benefit from "upcoming changes", Mr...

THE prospect of having public housing on the plum Keppel Club site after its lease expires in two years has excited property market watchers. They have, however, offered ideas on how to find an equitable solution to the "lottery effect", given that public-housing owners stand to make windfalls from selling these units after having been lucky enough to land them through a ballot. Prime Minister Lee...

Despite trade tensions and other global uncertainties slowing down the economy to levels last seen a decade ago, investments into the country seem to have held steady so far. Singapore attracted almost S$8.1 billion in fixed asset investment (FAI) commitments during the first six months of 2019, according to figures from the Economic Development Board (EDB) released as part of the second-quarter...

Singapore’s leading developer of luxury residences SC Global Developments Pte Ltd and two Hong Kong-listed developers and hotel operators, New World Development and Far East Consortium, today unveiled the name and concept of its soon-to-debut Cuscaden Reserve, a prestigious project in the heart of Orchard Road. The 192-unit Cuscaden Reserve at 8 Cuscaden Road is a rare collaboration between developers...

DBS Group Research on Monday noted that the government's efforts to rejuvenate the Greater Southern Waterfront (GSW) area offers significant opportunities for developers, with Mapletree Commercial Trust (MCT) standing to gain as VivoCity, which is owned by the trust, is likely to remain the "bedrock of the GSW rejuvenation". Other potential beneficiaries include Frasers Commercial Trust, which owns...

New attractions are being planned for Pulau Brani, similar to Universal Studios Singapore on Sentosa, announced Prime Minister Lee Hsien Loong on Sunday (Aug 18). The island, currently home to Brani Terminal, will be set aside for “fun and recreation” as part of the Government’s plans to remake Singapore’s Greater Southern Waterfront (GSW), he said in his National Day Rally speech. Mr Lee...

Pulau Brani is now home to a port terminal, but the island is earmarked to house new attractions similar to the Universal Studios on Sentosa island, as well as a new resort called Downtown South for National Trades Union Congress (NTUC) members. The land on which Keppel Club in the south of Singapore sits will be redeveloped to build 9,000 public and private housing units with waterfront promenades,...

Australia-listed property developer Lendlease Group is injecting a shopping mall in Orchard Road into its upcoming global commercial real estate investment trust (Reit) listing worth at least S$1 billion in market capitalisation. The Business Times understands the initial public offering (IPO) portfolio will comprise one property each in Singapore and Milan, Italy with a total net lettable area of 1.3...