In July 2023, Housing Board (HDB) flat rents increased by 2%, marking the 37th consecutive month of rent hikes, following a 1.4% increase in June. Overall, HDB rents have risen by 24.1% between July 2022 and July 2023, based on data from real estate portals 99.co and Singapore Real Estate Exchange (SRX). Similarly, condominium rents […]
FREEHOLD Katong Shopping Centre is once again up for collective sale at its original reserve price of S$638 million, following an unsuccessful en bloc bid in May. This marks the fourth attempt by the owners to sell the property. Initially listed for sale in 2016 and 2017 at S$630 million, the current reserve price of […]
Sim Lian Group has emerged as the top bidder for the Jalan Tembusu GLS site, beating City Developments Ltd (CDL) by a mere 0.1%. The gross plot ratio for this 99-year leasehold site is set at 3.5, with a land area of 221,436 sq ft. Sim Lian’s winning bid to approximately $1,069 per square foot […]
BCA introduced a new CONQUAS banding system on 25th May 2023 to help private homebuyers make informed choices prior to their purchase and these information will be made available on BCA’s Quality Housing Portal (QHP). Under the new CONQUAS banding system, developers and builders will be assigned a rating from Band 1 (very low incidence […]
Despite the recent Additional Buyer’s Stamp Duty (ABSD) rate hikes, private home sales in Singapore hit a 7-month high in April. According to data from the Urban Redevelopment Authority (URA), property developers sold 1,473 private residential units last month, exceeding market expectations. The surprising sales figures demonstrated the resilience of the market despite the significant […]
Located a few minutes away from the airport and the Singapore Central Business District, Paya Lebar Green would form part of Paya Lebar Precincts ongoing transformation into a vibrant business centre. While it will continue to serve as Certis corporate headquarters, growing into a leading innovator and technology-enabled provider in APACs security and facilities management, […]
Certis and Lendlease officially broke ground on a new Paya Lebar Green – it is designed to be one of Singapore’s most progressive, eco-friendly, smart-tech, ultra-low-energy Class-A workspaces. At the ground breaking ceremony, attended by Minister of National Development Desmond Lee, along with top executives from Certis and Lendlease, the two organisations revealed how the […]
