singapore property

Lincoln Suites @ Novena

Lincoln Suites, an iconic 29 storey twin height condominium has 175 units. You will be enthralled by the spectacular view from the sky gymnasium while working out on the exercise machine. In addition, there is a 360 degree Spa Pool, Therme Spa with Jacuzzi, 50 m Lap Pool, Massage Decks and a Lounge with Bar Counter. Lincoln Suites attractive location at District 11 means you are quite literally at...

Singapore property market booms despite recession

Despite Singapore's worst economic slump since independence, the residential property sector is in the midst of a new boom reminiscent of 2007, when the city-state was known as the world's hottest real estate market. Greed and its twin brother fear are back in play as punters stake out condo launches days before sales open, with some offering blank cheques to pre-book flats, prompting the government to...

Resale prices of Caribbean at Keppel bay cross $1,100 psf

With the opening of the $6 billion Resorts World at Sentosa fast approaching, there is a buzz of excitement as investors anticipate the influx of visitors expected in 1Q2010. To cater for a surge in tourists and locals to the island, a 620m $70 million walkway is being constructed and is expected to be completed in November 2010. As development at the upcoming casino gain traction, interest in properties...

Land prices in Singapore down by 50% since 2007, analysts say

Land prices in Singapore have slumped by up to 50 per cent since the property boom in 2007, according to market watchers. Weaker prices, coupled with recent strong demand for homes, could lure developers to replenish their land bank. As home buyers have been flocking to project launches over the past few months, analysts said developers are showing more interest in good residential sites. More than 7,200...

Sale of Optima@Tanah Merah brought forward due to queues

Developers of Optima@Tanah Merah have brought forward the launch of the condominium, which was to have taken place on Friday. However, queues formed as early as 4pm on Thursday, prompting the developers to start selling the units. 120 units were sold yesterday with another 150 units to be balloted on Friday. The 99 year leasehold development has 297 units. The condo's developers said they feel that...

A late night property ballot … is this a sign of the times?

The showflat was only due to open today. But on Monday, some, mostly property agents, were already lining up for units at the Optima condominium at Tanah Merah. They went home after developer TID made it clear the queue would not be recognised. However, this did not stop hundreds from turning up early yesterday - leading to a massive queue and the occasional ugly spat over queue-jumping. The result? TID...

Costa Del Sol apartments breach $1,000 psf mark

There was a flurry of transactions for condominiums in the neighbourhood of Bayshore Road and Upper East Coast Road, with at least half a dozen apartments changing hands in the week of June 26 to July 3, according to the URA Realis database of caveats lodged. Property agents say the heightened activity is partly due to the euphoria surrounding URA’s new home sales figures for June, which, at 1,825...

Singapore’s property rebound may not be sustained, Mah says

Demand in Singapore’s property market may not be sustained because of economic uncertainty and ample supply, National Development Minister Mah Bow Tan said. The city-state is “monitoring the market closely” to ensure speculation in the property market doesn’t lead to a bubble forming, Mah told reporters today in Singapore. “I think some of the practices and habits you saw in the last property...

Over S$27.5b invested in Marina Bay from private and public sector

More than S$27.5 billion has been invested so far in the new business and financial district in Marina Bay and the government is planning to pump in a further S$1 billion in infrastructure works there over the next 10 to 15 years. Singapore's National Development Minister Mah Bow Tan announced this at the topping out ceremony for the construction of the Marina Bay Financial Centre on Wednesday...

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