Braddell View another victim of moribund en bloc market The collective-sale cycle appears to be running out of steam, with no residential projects having achieved a successful outcome so far this year; the mega Braddell View estate has become the latest to reach its tender close with zero bids. Market watchers were unsurprised by the lack of takers for Singapore's largest private residential site,...
A freehold landed residential redevelopment site along Upper Changi Road has been put up for sale by expression of interest (EOI), with an indicative guide price of S$16 million. This works out to a land rate of S$1,051 per square foot (psf), said the property's marketing agent Knight Frank Singapore on Wednesday. The site comprises four freehold, single-storey houses, located at 537 Upper Changi Road,...
Rivière sits within a larger precinct which comprises of two residential towers, three conservation warehouses and Frasers Hospitality serviced apartments. The entire precinct is sited prominently next to the Singapore River, the birthplace of modern Singapore. The name Rivière, which means river in French, is inspired by the prime riverfront location of the property. Designed by award-winning...
Juniper Hill is located just minutes drive away from Orchard Road, where a host of amenities are readily available, such as retail outlets, supermarkets, restaurants and eating establishments, banks, cinemas, and other entertainment facilities. There are schools located in the vicinity, such as Singapore Chinese Girls and Raffles Girls Secondary. The development is also within 700m walking distance to...
Despite the cooling measures introduced on July 5, 2018, Singapore's residential property market has stayed resilient and quarterly primary home sales rose in the last three quarters, to the surprise of many. In the first quarter of 2019, developers sold 1,838 new private homes, 16 per cent higher than the same period the previous year. Non-landed residential prices outside the core central region...
Singapore is the third most innovative city in the world, with innovation now an important part of real estate investment strategies, according to a new report from global property consultant JLL. The Republic, behind San Francisco and Tokyo, is supported by significant levels of foreign domestic investments, and a rapidly growing startup scene. It is a regional hub for R&D (research and development)...
Sales of private homes by developers fell 30.2 per cent in April from the previous month, following a sharp drop in the number of units launched. Excluding executive condominiums, developers in Singapore sold 735 units last month compared to the 1,054 units sold in March, according to data released by the Urban Redevelopment Authority (URA) on Wednesday (May 15). The number of units launched fell...
Resale prices for non-landed private residential units rose 0.9 per cent in April 2019, for a third straight month-on-month rise, according to SRX flash estimates on Tuesday. For the first four months of the year, non-landed resale prices are up about 2 per cent, according to data from the real estate portal. Year on year, resale prices are up 3.6 per cent, with the core central region, rest of...
CEL Development, the property development division of Chip Eng Seng Corporation, on Monday unveiled Parc Komo, a freehold mixed development in Changi inspired by the Japanese concept Komorebi, which celebrates the blend between nature and order. This latest development by CEL has an average price of about S$1,450 per square foot (psf) and occupies a land area of about 202,000 square feet (sq ft). The...
Rules for buying homes using Central Provident Fund (CPF) money and HDB housing loans will be updated on Friday (May 10) – a move “in the right direction” that will give home buyers here more flexibility, some industry watchers said. The new rules could also sway demand for ageing homes, they added. READ MORE: New rules on buying properties using CPF, HDB housing loans Citing changing needs...
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