real-estate

Mayfair Gardens 40% sold in weekend launch

Oxley Holding’s Mayfair Gardens condominium project was 40 per cent sold during its launch weekend, said the firm on Monday. Homebuyers snapped up 87 out of 215 units from Sept 29 to Sept 30, for an average price of S$1,900 per square foot. Units sold ranged from one-bedroom to four-bedroom apartments. Three of the six penthouses were also sold. The buyers comprise 85 per cent Singaporeans while...

Good Class Bungalow deals hit S$220m in third quarter

Transaction volumes of bungalows in Good Class Bungalow (GCB) Areas have held up in the third quarter against the latest property cooling measures which took effect on July 6. Based on an analysis by List Sotheby's International Realty (List SIR) of URA Realis caveats data as of last Friday, there were 11 transactions in GCB Areas, totalling S$220 million in Q3 2018 - up from the eight deals amounting...

Singapore private home prices rise even after additional property curbs

The Republic's private home prices are still inching higher - albeit at the slowest pace in five quarters - even after the government imposed additional property curbs to avoid the risk of a sharp correction that could be destabilising to the city-state’s economy. An index tracking private residential prices increased 0.5 per cent in the three months ended Sept 30 compared to a 3.4 per cent advance in...

Rise of private home prices slows sharply in Q3 as cooling measures bite

The rise of private home prices slowed sharply in the third quarter after the government announced measures to cool the red-hot market, data released by the Urban Redevelopment Authority (URA) on Monday (Oct 1) showed. Private home prices rose 0.5 per cent in the July to September period, a sharp slowdown from the 3.4 per cent rise in the second quarter and 3.9 per cent rise in the first quarter....

Jui Residences at Serangoon Road

Located adjacent to the Kallang River, Jui Residences is a 117 contemporary crafted units development in an 18-storey tower with column-less layouts, allowing maximum natural lighting and cross-ventilation. Jui Residences is a waterfront residential development in park-like settings, with convenient amenities for its community surrounded by an integrated transport network – including the Potong Pasir and...

Singapore office rents post sixth consecutive quarter of growth: JLL

Singapore’s office leasing market is tracking expectations with rents climbing for the sixth consecutive quarter in 3Q18, JLL’s research show. Specifically, the gross effective rents of Grade A office space in the CBD edged up 2.3 per cent quarter-on-quarter (q-o-q) in 3Q18 to average SGD 9.93 per sq ft per month. Rent growth in 3Q18 was broad-based across all submarkets. Mr Chris Archibold, Head of...

URA launches sale of 390-room hotel site at Club Street

A Chinatown site slated for hotel use is up for grabs, with the Urban Redevelopment Authority (URA) launching the land parcel for sale by public tender from the government land sales (GLS) programme's confirmed list on Thursday. The 99-year leasehold, 5,121.4 square metre (55,130 square foot) site, at the junction of Cross Street and Club Street, has a maximum gross floor area of 24,310 sq m and could...

Two Tanjong Pagar conservation shophouses up for sale with S$22.6m price tag

Two conservation shophouses in Tras Street (at Tanjong Pagar area) have been put up for sale by the same owner in an expression of interest exercise, according to an announcement from the marketing agent JLL on Wednesday. The three-storey leasehold commercial properties, which are not adjacent, have a guide price of S$22.6 million, or about S$2,800 per square feet based on gross floor area. The...

Space was luxury then, small is trend now: SC Global

THE times they are a changin' - even for high-end home buyers. And luxe developer SC Global is rolling with it. The Simon Cheong vehicle, known for building "Mansions in the Sky" at The Marq, is now going small with its new collection, aptly named Petit Collectibles. The approximately 55-unit Petit Jervois in River Valley, the first project under this new brand, will be mostly one and two-bedders...

The Woodleigh Residences

The Woodleigh Residences is a brand new ground-breaking project at the upcoming Bidadari Estate. Located along Bidadari Park Drive and Upper Serangoon Road, this mixed development holds approximately 680 potential apartments with choice of 2, 3 and 4 bedroom units. Integrated with The Woodleigh Mall, which boasts approximately 28,000sqm of retail, dining and lifestyle services, enjoy convenience to...

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