The 143-hectare Raffles Country Club site in Tuas will be acquired by authorities to make way for the Kuala Lumpur-Singapore High-Speed Rail project. The club announced the move on its website on Wednesday (Jan 4). The announcement included a letter from the Singapore Land Authority informing the club of the acquisition. According to the announcement, the land is also needed for the Cross Island...
Artra at Redhill is an elegant 43 storey building consisting of 400 residential units with the 1st floor dedicated to 15 F&B outlets & a supermarket and 2nd floor for a child care centre. With its address, 10 Alexandra View, Artra is the private residential development within the vicinity with MRT literally at its doorstep. It also makes commuting to various part of Singapore seems like a breeze....
THE residential market is showing signs of stabilising even as private home prices slipped for the 13th consecutive quarter, going by the government's flash estimates for the fourth quarter. For the full year, the estimated 3 per cent fall in private home prices and the 0.15 per cent decline in HDB resale prices were smaller than their respective 3.7 per cent and 1.6 per cent declines in 2015. The 0.4...
PRIVATE residential prices slipped 0.4 per cent in the fourth quarter from a quarter ago, after a steeper 1.5 per cent decline in the third quarter. For the whole year, prices have fallen 3 per cent, a smaller magnitude compared to the 3.7 per cent drop in 2015, flash estimates from the Urban Redevelopment Authority (URA) released on Tuesday show. Non-landed properties marked a 0.7 per cent price...
It's been a banner year for big-ticket property transactions of at least S$10 million each. As at Dec 23, the tally stood at S$22.5 billion - up 31 per cent from 2015's S$17.2 billion, going by Savills Singapore's figures. CBRE and Cushman & Wakefield have similar numbers. This year's tally of property investment sales, as these transactions are also known, is the highest in three years and has...
PRICES of completed private apartments and condominiums slipped 0.7 per cent in November from a month ago. This is based on the flash estimate by National University of Singapore (NUS) for its overall Singapore Residential Price Index (SRPI) released on Wednesday. Faring the worst during the month were completed units (excluding small units of 506 square feet or below) in the Central Region, which...
Private property developers saw lacklustre sales in November, with the number of new units sold falling 31.4 per cent from the previous month, figures released by the Urban Redevelopment Authority (URA) on Thursday (Dec 15) showed. Excluding executive condominiums (ECs), 860 new private homes were sold last month, down from the 1,253 units sold in October. Including ECs, 1,110 units were sold, down from...
Developers have already sold more new, private residential units and executive condominiums (ECs) so far this year than the whole of last year, thanks to the momentum sustained in November when two new projects were launched. This means 2016 will mark the highest number of new sales by developers in three years. A total of 7,769 private residential units were sold by developers in the first 11 months,...
SINGAPORE residential sales clocked by developers in November were stronger than a year ago but weaker compared to October, according to statistics released by the Urban Redevelopment Authority (URA) on Friday. Last month, developers sold 860 private residential units, 31.4 per cent lower than October, but 13.3 per cent higher than a year ago. Including executive condominiums (ECs), they sold a...
THE Core Central Region (CCR) looks set to be the outperformer again this year for resale prices of private apartments and condos. Based on flash estimates for November 2016 released by SRX Property on Tuesday, its price index for resale transactions of non-landed private homes in CCR is up 1.8 per cent from December last year. In contrast, over the same period, SRX's price indices eased 0.6 per cent...
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