Bugis Cube is located at North Bridge Road, within a 10 minute walk to 5 MRT stations. It is across Bugis Junction Mall and Hotel Intercontinental. With ERC Institute (ERCI) expected to use a level for academic purposes, this education mall will be focused on the young. Potential tenants will include F&B and electronics, creating a very lively concept. Location: 470 North Bridge Road Tenure: 999...
singapore property
Preliminary price indices for completed non-landed properties released last week suggest that the resale market for private apartments has finally shaken off the dampening effects of the additional buyer's stamp duty (ABSD) imposed last December. The National University of Singapore's flash Singapore Residential Price Index for last month inched up 0.8 per cent, the second consecutive monthly rise...
Housing supply will likely hold firm in the second half of this year as developers continue to be active in the Government Land Sales (GLS) Programme. According to Chia Siew Chuin, Director of Research & Advisory at Colliers International, an additional 28 to 30 new residential sites will likely be added to the confirmed and reserve lists, which could yield up to 14,000 homes. “The government...
Following the announcement that construction works on Bidadari new town will begin by year-end, developers are eyeing new opportunities at other prime residential sites in strategic locations. According to analysts, thousands of homes are in the pipeline over the next few years, as prime sites not far from the city will be launched, including the Dempsey area and former Bukit Timah Turf Club, as well as...
Prices of small apartments measuring up to 506 sq ft dipped slightly by 1.2 percent in April, according to the Singapore Residential Price Index (SRPI) flash estimate published by the Institute of Real Estate Studies at NUS. This is in sharp contrast to March, when the SRPI sub-index for small apartments saw a notable 2.7 percent rise. April’s overall SRPI inched up 0.8 percent from the previous...
Private resale homes prices has risen for the second straight month in April. This is according to the Singapore Residential Price Index (SRPI) flash estimate published by the Institute of Real Estate Studies at the National University of Singapore. Resale home prices climbed 0.8 per cent in April, after increasing 0.4 per cent in March. Central area prices were up 1.6 per cent in April, compared to...
Buoyant property sales in recent months have sparked fresh concerns that another round of cooling measures may be on the cards despite the last round of measures introduced in December 2011. Experts said the appetite for home purchases in Singapore is still strong despite several rounds of cooling measures that were introduced by the government. In fact, property developers have been selling over 2,000...
Malaysians reclaimed top spot among foreigners buying Singapore properties despite the tough cooling measures introduced in December last year. They have overtaken the Chinese buyers. A report by DTZ Research revealed that Malaysians had a high of 362 transactions, marking a 28 percent share among foreign buyers due to the larger number of Malaysian PRs in the country. In the same report, it is revealed...
Singapore’s central business district (CBD) is evolving from a traditionally corporate location, with more buyers looking for prime residential properties in the area. According to Savills Singapore, more than 4,600 new homes will likely be completed in the district by end-2015. A number of these homes will be located in Shenton Way, Robinson Road and Tanjong Pagar. This is expected to boost the...
Mr Khaw on Monday said that the property market has shown signs that it's moving towards a more sustainable path, as he responded to questions on whether the government's various cooling measures have achieved their intended results. Mr Khaw reiterated that private home prices registered a marginal decline in the first quarter of this year (0.1 per cent fall quarter-on-quarter), following nine consecutive...