real-estate

Developer Bukit Sembawang Estates will open the doors to its upmarket condominium at St Thomas Walk to the public this weekend. A private preview of the freehold condo, 8 St Thomas, was held over the past weekend in Singapore and Hong Kong and saw more than 20 units sold at prices averaging over $3,000 per square foot. Eighty five per cent of sales were for one- and two-bedders, and 70 per cent of...

TOP Global's wholly-owned subsidiary Holland V Investment Holdings has exercised an option with Bhajis Holdings and Lawson Investment Holdings to purchase a property in Singapore for S$13 million. The property, along Lorong Mambong, has a total area of about 2,860 square feet with a freehold tenure. A 5 per cent deposit of S$650,000 has been paid and the balance 95 per cent will be paid when the...

According to the National University of Singapore’s (NUS) flash estimates for its Singapore Residential Price Index (SRPI) released on Tuesday, prices of completed non-landed private homes continued to lose momentum in July, declining 0.5 per cent month-on-month after a slower appreciation in June. In June, prices rose 0.7 per cent, down from a positive 1.6 per cent pace in May. The July decline...

A freehold cluster of three adjoining conservation shophouses located right in the heart of the historic and vibrant district of Chinatown at Smith Street has been launched for sale via public tender. Sited within the popular street block bordered by New Bridge Road, Temple Street, Trengganu Street and Smith Street, the corner plot is conveniently located within 2 to 5-minutes’ walk from the Chinatown...

The Housing & Development Board (HDB) has launched a White site at Pasir Ris Central for sale by public tender today under the Confirmed List of the 2nd Half 2018 Government Land Sales (GLS) Programme. The site is proposed for a mixed-use development which will comprise a commercial and residential development integrated with a bus interchange, a polyclinic and a town plaza. The site can potentially...

Singapore investors have spent in total US$4.6 billion (S$6.3 billion) on cross-border real estate transactions in the 12 months through to the second quarter of this year. According to a report released by Real Capital Analytics (RCA), a real estate and market intelligence provider, it ranked Singapore investors as the second most active in Asia-Pacific during the reported period. One of the top...

More properties were auctioned in the first half of the year but the sales value was down markedly on the same period last year due to the lack of big-ticket landed units. Transaction value came in at about $39.6 million, a fall of 11.2 per cent compared with the same six months last year, a Knight Frank report showed. It noted that demand for large quantum properties remained patchy due to the...

Singapore property is likely to retain its lustre as a preferred choice for long-term wealth creation due to the city-state's regional hub status, solid growth prospects and Asians' deep-seated desire to own property. Analysts gave this affirmation as the dust starts to settle on the latest cooling measures which took effect on July 6. The amended rules saw higher Additional Buyer's Stamp Duty (ABSD)...

An associate of OKP Holdings has won the tender for the collective sale of 32-unit Phoenix Heights in Bukit Panjang, the mainboard-listed construction engineering company said on Tuesday. The 25 per cent-owned USB Holdings Pte Ltd bid S$33.1 million for the 99-year leasehold condominium in Phoenix Avenue, with the price reached "after taking into account the prevailing market conditions and market...

At 8 St Thomas, sophistication and elegance sit in perfect harmony. Artful geometric lines and forms dance in rhythm on the facades of magnificent twin towers, accentuating a quality home with exquisite style. ​ The 2 blocks of 35-storey consists of 250-units. It offers a range of 1, 2 and 3, 4-bedroom, 4-bedroom Dual Key units and 2 penthouses with full condominium facilities including a tennis court,...