Daily Archives: July 1, 2013 (8 Articles Found)

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Hougang coffee shop sold for record $23.8m

A coffee shop in Hougang has been sold at a record price of $23,888,888, Lianhe Wanbao reported on Sun. This is the highest ever paid for a HDB coffee shop. The previous record was $15 million. The buyer…

Rare HDB terrace house sold for $1.02m

A rare HDB corner terrace house in Whampoa commanded $1.02 million in Apr, exceeding the previous record-setter, a Bishan St 13 maisonette, which was sold for $1.01 million in Jan. It is the fourth HDB resale unit to…

Jurong East condo almost sold out on launch day

Two property launches drew plenty of potential buyers over the weekend with the J Gateway condominium setting the pace. The project in Jurong East drew a blistering response from home seekers although the Forestville EC had its admirers…

F&N may spin off property business

Conglomerate Fraser & Neave (F&N) may split its property arm from its other divisions, it said yesterday. It told SGX that it would appoint advisers to look at what it could do to unlock shareholder value. “This may…

Curbs cool HDB resale prices

Property cooling measures and a large supply of new flats have led to public-housing prices rising at a slower pace in the second quarter, said housing experts yesterday. HDB resale prices rose just 0.5 per cent in the…

Northern region has big investment potential: SLP

The northern region of Singapore offers good potential to industrialists looking to relocate or divert investment portfolio. According to property consultancy SLP Intl, there are many reasons why Woodlands is an investment hotspot. These include upcoming developments like…

New life breathed into Yishun

HDB is on track with its rejuvenation efforts for Yishun under the Remaking Our Heartland (ROH) programme. Showcasing some of the highlights, a three-day exhibition from 28 to 30 June called “Transforming Yishun: Rejuvenating the Town Centre” was…

What Total Debt Servicing Ratio meant to kill

MAS introduced the TDSR framework for all property loans granted by financial institutions (FIs), with effect from 29 June 2013. Computations of the TDSR affects properties that are residential or non-residential, individuals’ or companies’, new applications or re-financed…

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