real-estate

Prospective home owners will now find it easier to apply for home loans with the launch of United Overseas Bank’s (UOB) fully digital home loan system, the bank said on Tuesday (Aug 7). The new system includes the first bank-backed instant property valuation service in Singapore, and matches buyers to bankers via the GetBanker digital service. The service sees UOB partnering with four other...

More than 140 units of The Tre Ver, a new 99-year leasehold condominium in Potong Pasir, were sold within the first three hours of its launch on Saturday. The sales represent over 70 per cent of the 200 units released in Phase 1. The project, designed by Woha Architects, is developed by UVD (Projects), a 50:50 joint venture between UOL group and United Industrial Corporation (UIC). Jesline Goh,...

Owners of St Thomas Ville located at 38 St Thomas Walk, are eyeing bids in excess of S$58 million in a collective sale bid. Over 80 per cent of the owners have consented to the sale, said sole marketing agent JLL in a media release on Monday. The freehold 12-storey site just off River Valley Road comprises 23 apartments built on a regular shaped plot. The 11,407-square foot (sq ft) site is zoned...

JTC on Monday said that it has accepted an application to put up an industrial site at Corporation Drive for sale by public tender. The land parcel was made available for application through the Reserve List system under the second half 2018 Industrial Government Land Sales programme. JTC said it had received an application with a committed bid price of at least S$20.7 million. "As the minimum price...

Three plots of prime conservation shophouses located in Little India and Chinatown conservation areas are being offered for sale by expression of interest. The plot in Little India is a block of four adjoining shophouses, while the other plots are two shophouses in Chinatown. Located within Little India along Jalan Besar, the 999-year leasehold block of four shophouses are located directly opposite...

The recent property cooling measures in Singapore has once again diverted the spotlight from the private residential market to the shophouse market. Shophouse clusters can be classified into two main submarkets. Those in the central business district (CBD) are in areas such as Chinatown, Tanjong Pagar, Upper Circular Road and Boat Quay, while the rest are farther out in places like Kampong Glam, Little...

South Beach Residences, located in the upper half of the South Tower of the mixed development South Beach, Singapore - comprises 190 elegantly designed residential units and penthouses from levels 23 to 45. The luxurious residences command 360 panoramic and unsurpassed views sweeping across Marina Bay all the way through to the Central Business District skyline, and the Orchard shopping...

The Windy Heights condominium in Kembangan (Jalan Daud) is having another stab at a collective sale, with owners ready to cut the reserve price to attract buyers in a cooling market. The move comes hot on the heels of a failed bid for the freehold District 14 development that ended in April and tough new property cooling measures that kicked in on July 6 which include a 10-percentage point hike in the...

Robinson 77 is on the market for S$725 million, less than two years after a CLSA fund bought the property for S$530.8 million and just over a decade after another CLSA investment vehicle bought and resold the building within a ten-month period. If the deal materialises by year-end at the expected price of more than S$725 million (or S$2,357 psf on net lettable area), this would most likely be the...

Despite lingering uncertainty over the Kuala Lumpur–Singapore High Speed Rail (HSR) project, the Government on Wednesday (Aug 1) proceeded with its acquisition of the land that Raffles Country Club (RCC) sits on. In January 2017, the Government announced that RCC would be the second club after Jurong Country Club to make way for the HSR's facilities. The site will also house the future Cross Island...