Editorial

What can we expect at the upcoming new launch at Northumberland Road A plum mixed development site in the Farrer Park area was released for sale in October 2020, attracting 10 bids (despite the global Covid-19 pandemic situation) from developers before it was awarded to Maximus Residential SG Pte. Ltd. and Maximus Commercial SG Pte. Ltd.The 99-year leasehold site in Northumberland Road, near Farrer...

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 Real Estate Developers' Association of Singapore's (REDAS) new president Chia Ngiang Hong on Tuesday suggested ways property curbs on the private housing market could be more targeted, and called for more dialogue between the government and stakeholders in policymaking. Mr Chia, who is also the group general manager of City Developments Limited, was speaking at the industry association's spring...

The Tre Ver is a 729-unit waterfront development located next to the Kallang River, and is poised to benefit from the government’s initiative to transform the river into a lifestyle hub. Designed by the award-winning architects WOHA, it will preserve most of the existing rain trees lining the riverfront, with lush landscaping that blends seamlessly with the waterfront promenade. The Tre Ver is also...

While at least one collective sale bid will be launched as planned this week, others have hit the pause button or are drawing up new plans amid uncertain prospects following the surprise of fresh property cooling measures. An extension in tender closing dates is one way that some marketing agents hope will keep their en bloc sale bids alive. They also told Channel NewsAsia that homeowners’ price...

The Government announced on Thursday (Jul 5) that it is raising Additional Buyer's Stamp Duty (ABSD) rates and tightening loan-to-value (LTV) limits on residential property purchases, in an effort to "cool the property market and keep price increases in line with economic fundamentals". The move comes several days after official data showed that private home prices had risen to its highest point in four...

The residential collective sales market is poised to pick up this year, with analysts citing the limited supply of private housing sites at state tenders and strong demand for land by developers as key factors. A collective sale, also known as an en bloc sale, refers to a combined sale by the owners of property units to a shared purchaser with sale proceeds divided amongst the unit owners. In 2016,...

Renewal plans for Woodlands, Toa Payoh and Pasir Ris have been finalised and are ready to be presented to residents to gather their feedback, announced the Housing and Development Board (HDB) on Sunday (Apr 2). The rejuvenation of the three towns was first announced in 2015, under the Remaking Our Heartland programme. In drawing up the plans, HDB said it had actively engaged residents and stakeholders...

A Housing & Development Board (HDB) flat is a “good store of asset value” for those who plan ahead and make prudent housing decisions, National Development Minister Lawrence Wong said. His comments, made in a Facebook post on Wednesday (Apr 12), come in response to online debate over his comments that not all HDB flats will be eligible for the Selective En bloc Redevelopment Scheme...

Fourteen years after it first opened, the Esplanade has announced plans to build an additional waterfront theatre to address the growing need to expand audiences and further develop local artists. The building will include a 550-seat flexible theatre as well as an outdoor plaza. Construction is set to begin in 2019 and expected to be completed by 2021, when another iconic arts venue, the Singapore Art...