Govt could do more by taking the lead in procurement of green and energy efficient components IN JAPAN, banks offer preferential loan rates to building owners who aim for higher green ratings. In Germany, the government offers subsidies to residential owners to go green. Offering such incentives is just one of the suggestions from the International Panel of Experts (IPE) for Sustainability of the Built...

Private home prices in Singapore fell by 1.8 per cent in the third quarter, according to flash estimates released on Thursday by the Urban Redevelopment Authority. This is the first time the index of private residential properties has dipped in four years to 174.3 points in the third quarter, compared to second quarter's price index of 177.5 points, which was a 0.2 per cent increase over the previous...

Location: 8 Lynwood Grove (District 13) Tenure: Freehold Year Completion: 2012 Total Units: 10 Unit Types: 3 Storey Cluster Houses with Private Jacuzzi, pool plus Cuscading Pool. Unit Sizes: from 5100 – 6200 sqft Contact us at [email protected] with the following for more information: 8 Lynwood Grove / Name / Contact...

Prices of resale flats rose a preliminary 4.2 per cent in the third quarter of this year. HDB said on Thursday that the figure is just slightly lower than the 4.5 per cent increase in the second quarter. For the year-to-date, prices of resale flats have risen almost 13 per cent. HDB said it has to date launched about 5,000 of the planned supply of 8,400 Build-To-Order (BTO) flats for 2008. Subject to...

Averic sets out to challenge biggest player in the foreign worker segment TRUST a few good businessmen to sniff out money-spinning opportunities. On the one hand there is Singapore's heavy reliance on foreign workers, and then there is the reluctance of part of the population to share their living environment, as seen with the recent furore in Serangoon Garden estate. But for some this is not so much a...

Location: 532 Joo Chiat Road (District 15) Tenure: Freehold Year of Completion: 2012 Site Area: 58,750 sqft Description: 20 storey in one tower block Total Units: 94 Unit Types: 3 bedrooms ~ 1314 - 1398 sqft 4 bedrooms ~ 1625 - 1647 sqft 3+1 penthouse ~ 2347 sqft 4+1 penthouse ~ 3004 sqft Facilities: Basement Carpark (103 lots), Landscape Deck, Sky Terrace, Children Play Area, Lap Pools, Social Pool,...

Property developers pull out all stops to boost sales CHINA'S property market is facing a downturn. This has prompted some Chinese developers to resort to publicity stunts and even gimmicks to revive interest among prospective buyers. Following a slowdown in June, the property market in China is expected to remain sluggish in the last quarter of this year. In its report, Singapore's DBS Group Research...

The Urban Redevelopment Authority (URA) has closed the public tender for an industrial site at Ubi Avenue 4. The URA had received a successful application for the site to be put up for sale in August and it was launched for public tender on Sept 3. It has a site area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. The site was offered for sale on a 60-year lease and received...

Located at Devonshire Road, The Suites at Central comprises an exquisite collection of 157 freehold condominium units. Sitting on an 80,000-sf site, the development is conveniently located within walking distance to the Somerset MRT station and the Orchard Road shopping belt, enjoying a rare combination of exclusivity and accessibility. The 33-storey twin tower condominium development with modern...

A SPIKE in the three-month Singapore interbank offered rate (Sibor) may spell higher housing loan rates for some, but mortgage experts say there is no cause for worry given the low base enjoyed by home owners for the past few months. The benchmark Sibor, the rate at which banks lend to each other, for three months fell as low as 1 per cent in August. Amid recent financial turbulence, it soared from 1.76...