real-estate

2 adjoining Amoy Street conservation shophouses up for sale

Marketing agent CBRE is launching the tender sale of 87 and 88 Amoy Street, a pair of two adjoining prime 4-storey conservation shophouses in the heart of the CBD. Both 87 and 88 Amoy Street have a combined land area of approximately 5,375 square feet, and a total gross floor area of approximately 14,641 square feet. The site is zoned for commercial usage under the Chinatown (Telok Ayer) Conservation...

Measured bids in latest land tenders for private housing

Bidding counts at two of three state tenders that closed on Tuesday were noticeably subdued, showing developers' sentiment following the latest property cooling measures. Just five bids competed for the plot on Dairy Farm Road and three bids were submitted at Jalan Jurong Kechil, far fewer than the record 24 bids submitted last year for a nearby Toh Tuck Road plot that has since been developed into...

Qingjian to build more than 1,200 homes on Shunfu Ville site

In the first major property launch since July's property cooling measures, Qingjian Realty has unveiled its plan to build more than 1,200 apartment units in Shunfu Road, on the site of the former Shunfu Ville estate. JadeScape, as the new development in Bishan is to be called, will be kitted out with fully-integrated smart home technologies and an intelligent estate monitoring system. The project...

Valuations of property stocks down, but it’s not time to jump in yet

Since the July 6 measures to preempt runaway prices in the Singapore housing market, valuations of real estate stocks have fallen somewhat. But analysts caution against jumping in too quickly, unless the counter is a diversified play. On July 5, the government announced adjustments which saw higher additional buyer's stamp duty (ABSD) and tighter loan-to-value (LTV) limits on residential property...

Development charge rates raised by an average of 9.8% for non-landed residential land use

Development charge (DC) rates for redeveloping land have gone up for commercial and industrial sites, as well as plots slated for non-landed private homes, and hotels and hospitals. Land zoned for non-landed residential use had rates raised by 9.8 per cent on average, the Ministry of National Development (MND) said on Friday - its fifth straight increase, although down sharply from the 22.8 per cent...

The Gazania

The Gazania The Gazania is a private, freehold condominium nestled in 5A How Sun Drive, by SingHaiyi Group. It sits on a 1.4 plot of former Sun Rosier, adjacent to The Lilium. With about 250 units to be on sale, this new enclave sets a new standard of living in District 19. Residents of the new condo can gain access to the rest of the city-state via the Kallang-Paya Lebar Expressway...

The Jovell at Flora Road

The Jovell - where the name was derived from Jovellana Violacea, an unusual rarity from Chile with colorful sprays of happy little flowers! These sprightly blooms appear throughout Spring and represent Happiness and Cheer. The development is lavishly designed with water features around the premise. Every unit faces either a pool or a water feature giving your house the feel of an exotic resort. Location:...

Developer sentiment takes a hard hit after new cooling measures: survey

Developer sentiment has dampened significantly following the government’s announcement of new cooling measures, according to a survey conducted by the National University of Singapore (NUS) and the Real Estate Developers’ Association of Singapore (REDAS). Outlook for the prime residential and suburban residential sectors were the hardest hit; office, business park/hi-tech space and hotel/serviced...

Stirling Residences

An iconic and modern development sprouts up beautifully in the buzzling Queenstown matured estate. Stirling Residences will come with a dazzling architecture coupled with a sense of serenity of space and luxury within the development. Enter a sanctuary in the heart of District 03, where world-leading conveniences are put up your doorstep and dream take flight. It’s an environment that combines...

A property trust to beat ABSD? Beware the drawbacks

Faced with more prohibitive stamp duties on second and subsequent purchases of residential property, some Singaporeans are exploring a trust vehicle to circumvent the latest cooling measures. While the potential savings may be a lure, lawyers say the restrictive characteristics of such trusts may prove a dampener. In July, the government announced adjustments which saw higher additional buyer's stamp...

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