real-estate

Home prices are regaining the ground they lost since values started slipping five years ago with figures out yesterday underlining the buoyant market. The gains have been so robust that analysts are tipping that prices could hit a new peak by the end of the year. Their optimism stems from flash estimates showing that private residential values rose 3.4 per cent in the three months to June 30 - the...

Nestled in an idyllic location in Sembawang, in the northern part of Singapore, Kandis Residence is a condominium development located in a serene neighbourhood of low-rise landed housing. In order to portray sensory space, Kandis Residence is designed with a cascading water feature, glistening lap pool, inviting sunning lawn as well as inter-block courtyards and landscaped walkways. Rooms also are...

Private home prices jumped to the highest in four years, based on flash estimates from the Urban Redevelopment Authority (URA) released on Monday (July 2). URA data showed that prices went up 3.4 per cent between April and June, following a 3.9 per cent increase in the previous quarter. Overall, the private residential property index increased 4.9 points from 144.1 points in the first quarter to 149...

The en bloc sale of Goodluck Garden on Toh Tuck Road, agreed on in March for $610 million, has hit a road block. This comes after seven minority owners objected on the grounds that information was withheld which would have allowed them to sell the property for a higher price. Owners of the 210-unit freehold residential development will go to court after the Strata Titles Board (STB) issued a stop...

Dalvey Court - a freehold condominium development located in the prestigious District 10 area near the Singapore Botanic Gardens up for collective sale, with a reserve price of $160 million. It is also near the stretch of high-profile schools including St Joseph's Institution, Singapore Chinese Girls' School, Anglo-Chinese School (Barker Road) and Nanyang Primary School. The nine-storey building...

Park Colonial is served with a wide range of shopping and dining facilities await at the adjacent Bidadari New Town. The location is also near other commercial amenities such as Nex Shopping Mall, Market Square Bidadari (U/C), Macpherson Mall. Schools in the proximitty area include St Andrew’s Secondary, Cedar Girls’ Secondary, Maris Stella High and Stanmford American International School. Park...

The rejuvenation of Selegie Road will move further along if the owners of two buildings there succeed in their collective sale bids. Selegie Centre, a 10-storey freehold commercial building, has obtained approval from around 90 per cent of owners by share value and strata area to launch a tender with a reserve price of S$120 million. The land rate works out to S$1,942 per square foot per plot ratio...

In recent months, increasing social mixing in public housing estates has been suggested as a way to reduce social stratification and inequality in Singapore. This can be done, for instance, by integrating HDB rental and sold flats within individual blocks. Housing inequality mirrors wider economic inequality. Particular housing policies furthers the gap between the housing standards accessible to people...

Come July, the developer behind the mega mixed-use project Marina One will find out whether its strategy four years ago of holding back half its 1,042 residential units from the market has paid off. M+S Pte Ltd, the joint-venture firm by Malaysia's Khazanah Nasional and Singapore's Temasek Holdings, will release 30 per cent of its 521-unit Garden Tower for sale, with the rest expected to be released in...

A commercial and residential site at Sengkang Central, which was launched under the government land sale (GLS) programme for sale via the dual envelop system, received seven tender submissions at the close of the tender on Thursday. Several major developers joined forces, with the usual partnerships seen. They include a joint bid by CapitaLand Singapore and City Developments Ltd, as well as from Wing...