Rentals in May inched up just 0.2 per cent for both private and HDB homes from the previous month, as volumes continued their decline, according to flash estimates released by real estate portal SRX Property on Wednesday. Year-on-year, rents from non-landed private rentals increased 0.8 per cent, and the May showing was 18.9 per cent lower compared to its peak in January 2013. Compared to April,...
LAKESIDE Apartments is now on the market with a reserve price of S$240 million — the latest to wade into the wave of collective sales here. More than 80 per cent of owners at the 134,176 sq ft site in the Jurong Lake District area have agreed to sell and the collective sale tender was launched on Tuesday. This means each of the owners at the 120-unit development could stand to get S$2 million each....
Parc Botannia is designed with the utmost comfortable living in mind. Imagine a home set within a park and surrounded by parklands, wetlands, meandering rivers, an idyllic coastline and an easy network to anywhere island-wide. It is conveniently located right next to Thanggam LRT making it extremely accessible by public transport. Around the corner is Jalan Kayu food street and Seletar Mall, offering...
Prices of private condominiums and apartments continued their climb in May to hit a new high, although volumes slightly dipped according to flash data from real estate portal SRX Property released on Tuesday. This comes as the monthly price change for April 2018 was revised sharply upwards to 1.2 per cent, from the earlier estimate of 0.6 per cent. Resale prices of non-landed private properties rose...
EL Development has signed a memorandum of understanding with Accor for the French hotel chain to manage a new hotel that the Singapore property developer will build in Hill Street. Accor will manage the hotel under its Pullman brand - this will be the first Pullman in Singapore, EL Development managing director Lim Yew Soon told The Business Times in a recent interview. "Singapore is one of the major...
A newly built freehold bungalow in Jervois Hill is being sold for S$41.2 million, which works out to about S$2,729.52 per square foot on land area of 15,094 sq ft. This is a record price in terms of psf on land area for a transaction in a Good Class Bungalow Area – busting the previous high of S$2,350 psf set last year for a bungalow in Cluny Hill near the Botanic Gardens. That deal, which amounted to...
The available options from upcoming property launches in District 19 this year and benchmark pricing may have caused a slow-down in purchases last weekend. Of course, one should not rule out the effect of the school holidays on the subdued take-up rates at the latest property launches. The market may also be finding it hard to digest simultaneous launches of large projects in the same weekend. But...
Knight Frank Singapore has announce today the launch of the sale of Elizabeth Towers by tender. The site is a prime, freehold high-rise residential redevelopment site off Orchard Road. Elizabeth Towers is a private residential estate comprising two residential blocks of 80 apartments and maisonette units ranging from 185 sq m to 417 sq m, and has a site area of 5,046.3 sq m (approx. 54,318 sq ft). The...
Katong Plaza will be launched for collective sale on June 7, 2018 with a S$188 million expected price, sole marketing agent Huttons Asia announced on Tuesday. The expected price translates to S$1,969 per square foot per plot ratio (psf ppr) for the mixed commercial and residential development, after factoring in the payable development charge. The freehold site has a land area of 34,044 square feet...
We analyse if you should invest in a premium city home in the new financial district, such as Marina One Residences, before it is fully completed and prices rocket No other area in Singapore has been attracting as much widespread attention as Marina Bay. The 360-hectare business and financial hub has drawn investors and leading global institutions alike since the Government announced that it will be...
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