Some developers are housing their showflats in unconventional places - from malls, industrial buildings, to even several kilometres away from the actual condo site. A more crowded new launch landscape and slower residential sales could make this even more common. But this can complicate marketing efforts for developers, and househunters will have to work harder to understand their potential...

East Coast is heating up with launches galore, with possible major launches this year yielding at least 1,500 units, going by Knight Frank's estimates in March. The next one up is Coastline Residences on Amber Road, which will be launched for sale this weekend at an average of around S$2,450 per square foot (psf). Three-quarters of the units in the freehold, 144-unit condo will have sea views, the...

Prices of private residential properties in Singapore decreased 0.7 per cent in the first quarter of 2019, the Urban Redevelopment Authority (URA) said on Friday (Apr 26). The previous quarter saw a 0.1 per cent decrease. The dip this quarter is a notch higher than the 0.6 per cent decrease in URA's flash estimates released on Apr 1. Prices of landed properties rose by 1.1 per cent during this...

Singapore’s resale public housing market remained in the doldrums in the first quarter of this year, with prices edging lower and the number of homes exchanging hands down 14.2 per cent. Resale prices of flats fell 0.3 per cent in the three months ending March, the Housing and Development Board (HDB) said on Friday (Apr 26), confirming flash estimates announced earlier this month. READ: Private...

Office space rental in the central region of Singapore slipped by 0.6 per cent in the first quarter of 2019 from the previous three months, figures from the Urban Redevelopment Authority (URA) showed on Friday. The drop was in contrast with the increase of 0.5 per cent in the fourth quarter of 2018. This was the first quarter-on-quarter decline in office rents since the second quarter of 2017. The...

Rentals and prices of industrial space in Singapore remained relatively stable in the first quarter of this year compared with the previous quarter, according to the latest data from industrial land and infrastructure agency JTC Corp. The price index was down 0.1 per cent, while the rental index was flat. Compared with a year ago, the price index was unchanged while the rental index eased 0.2 per...

Suntec Real Estate Investment Trust's (Suntec Reit) manager has closed the book of orders for its private placement of new units in the Reit to raise gross proceeds of about S$200 million. The bulk of the proceeds will go towards financing potential acquisitions of properties in Australia, ARA Trust Management (Suntec) Limited said on Thursday before the market opened. On Wednesday night, the...

Pine Grove's S$1.86 billion mega collective sale tender ended on Tuesday with no bidders. It has gone into the 10-week private treaty period, key executive officer of the marketing agent C&H Group Nelson Lim told The Business Times. The private treaty period allows en bloc sites to negotiate with interested developers. Pine Grove's inability to find a buyer, particularly in the post-cooling measures...

Le Arc Apartment off Geyland Road is up for collective sale again, with the owners now expecting a minimum offer of S$18.5 million, marketing agent ERA Realty Network announced on Tuesday. The price translates to around S$847 per square foot per plot ratio (psf ppr), or S$792 psf ppr inclusive of the 7 per cent bonus balcony area and estimated development charges of S$150,000. If the en bloc goes...

CapitaLand has sold a group of companies that own and manage its self-storage business, StorHub, for an aggregate S$179.5 million to an unrelated and undisclosed buyer. Of the total aggregate, S$167.5 million is in outstanding shareholder loans owed by the group of companies to StorHub Group Pte Ltd and has been assigned to the buyer, who will pay in stages. StorHub Group Pte Ltd will continue to be...