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Attracting upgrader’s demand

SINGAPORE — The Urban Redevelopment Authority (URA) on Thursday launched for sale by public tender two private residential sites – at Stirling Road and Lorong 1 Realty Park – that can yield a total of about 1,160 homes. The 99-year leasehold site at Stirling Road, first made available on the Reserve List of the Government […]

Development Charge rates for non-landed residential use to be raised

The government is raising development charge or DC rates for non-landed residential use by 13.8 per cent on average. The areas which have seen private-sector collective sales and bullish land bids at state tenders in recent months will see some of the biggest hikes in DC rates. The government is also increasing DC rates by […]

Improved sentiment due to increased opportunities for buyers

Singapore-listed property developer GuocoLand has sold all the 210 units in its Bukit Timah condominium project Goodwood Residence. The company, controlled by Malaysian tycoon Quek Leng Chan, told The Straits Times last Friday that it has moved its last three penthouses in the development, although it declined to reveal the timeframe in which these were […]

ECs were the driving force behind sales

SINGAPORE: Sales of private homes last month fell 57.3 per cent from the previous month in the traditionally quiet year-end period, even as 2016 saw a continued uptick in sales, according to data released by the Urban Redevelopment Authority (URA) on Monday. Excluding executive condominiums (ECs), developers sold 367 new units in December, down from the […]

Transaction volume rose for second straight month

SINGAPORE — Activity in the Housing and Development Board (HDB) resale market continued to pick up in August, with the number of transactions surging from a month earlier as prices rose, showed flash estimates from SRX Property on Thursday. A total of 1,957 resale HDB flats were sold last month, as transaction volume rose for […]

Developing expressions to give identity and elegance to estates

SINGAPORE: Pulling into the foyer at Waterway Cascadia, you would be forgiven for thinking it is a private condominium. The name of this public housing estate in Punggol is emblazoned across the foyer wall. Its double-storey car park is well-camouflaged. Instead, visitors are greeted by a sprawling green space that sits atop it. Upcoming executive condo launches include Anchorvale […]