real-estate

Your new life begins at Parc Esta, at the doorstep of Eunos MRT station, a pivotal position amidst the emerging Regional Centre in the East. With nine 18-storey towers of one to five-bedroom homes, Parc Esta rises majestically above the streetscape on a nearly 3.5-hectare estate. Discover premium residences with refined touches, sumptuous realms with exciting facilities in a more than 200-metre-long garden...

City Developments Limited (CDL) said on Thursday (Nov 8) that its net profit rose 10.4 per cent in the third quarter and projected confidence in the market going forward, even as it cautioned against macroeconomic uncertainties and persistent headwinds for the Singapore residential property market. Net profit for the three months ended September rose to S$161.8 million from S$146.6 million in the same...

Singapore has nudged out Hong Kong to top a luxury real-estate ranking despite a slew of cooling measures to tame its property market. Luxury home prices in Singapore rose 13 per cent in the quarter ended Sept 30 from a year earlier, according to Knight Frank's Prime Global Cities Index. Gains were driven in part by the limited availability of high-end properties. Hong Kong fell to 14th place with...

The iconic Golden Mile Complex is deemed to have heritage value and authorities are in the process of exploring options to facilitate conservation, said the Urban Redevelopment Authority (URA) on Wednesday (Oct 31). This comes even as the development tries to find a buyer, with the collective sale tender launched on Wednesday at a reserve price of S$800 million. The building may not be demolished,...

The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released two residential sites and one White site for sale today under the 2nd half 2018 Government Land Sales (GLS) Programme. The URA site at Kampong Java Road and the HDB Executive Condominium site at Tampines Avenue 10 are launched for sale under the Confirmed List while the URA White site at Marina View is available...

Elias Green is the latest condominium to hit the en bloc market in search of a buyer. According to PropNex Realty's Richard Hau, the owners of the 419-unit Pasir Ris condo will launch a public tender for the site on Monday with a S$780 million reserve price. This means that the owners of the 516,877 sq ft development could each walk away with S$1.7 million to just below S$2 million. The condo,...

JTC has launched a 0.77 hectare industrial site in the Kranji area for tender, the fourth of six Confirmed List sites under the Industrial Government Land Sales (IGLS) programme for the second half of this year. The Jalan Lam Huat (Plot B) site has a gross plot ratio of 2.5 ha and is zoned B2, meaning the site may be used by heavy industries that have a greater environmental impact. It has a lease of 20...

For six months, Ms Hanna Sim was trying in vain to rent out her 1-bedroom apartment at private condominium Kingsford Hillview Peak. Her tenant search ended after her property agent lowered the monthly asking rent from an initial S$2,000 to S$1,750. With a lower rental income, the 30-year-old is making a loss out of her 52 sq m shoebox apartment in Hillview. To break even, she would need a tenant who...

Private residential prices in Singapore grew by 0.5 per cent in the third quarter, as growth slowed in the wake of the recent property cooling measures which kicked in from July. The 0.5 per cent figure - which was in line with earlier flash estimates - comes after an increase of 3.4 per cent in the previous quarter, according to the latest report from the Urban Redevelopment Authority (URA). Prices...

The Woodleigh Residences, a new integrated development in Bidadari Estate, was unveiled on Friday and the public can get a preview of its condominium units at a soft launch this weekend (Oct 27 - 28). Members of the public may view showroom flats and express their intention to purchase at the soft launch. The project comprises 667 two-, three- and four-bedroom units. Prices will start at S$1,873 per...