Daily Archives: August 22, 2013 (9 Articles Found)

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Ms Angela Zeng will be one of 8,000 owners of two-room HDB flats across the country who can benefit from a new “Step-Up” grant announced by PM Lee on Sunday. The grant targets low-income families currently staying in…

S’pore property won’t crash on US monetary stimulus concerns

The reported tapering in the US monetary stimulus is unlikely to significantly impact property prices in Singapore, analysts have said. “It usually comes down because of distressed selling. But economic growth is stronger than expected. People are keeping…

Making sure Changi remains a Jewel

It is a new jewel in the crown of Changi Airport’s efforts to stay ahead of regional rivals – the multi-storey complex, codenamed Jewel, that was unveiled at the weekend. The structure, being designed by the man who…

Good times over for luxury home market

Property investor Sameer Aswani was buying and selling high- end homes about as fast as he could transact a few years ago, but that gravy train has well and truly hit the skids. A $5.5 million, 1,636 sqft…

Transport corridors, lifting of height limits after airbase moves

New transport corridors and the relaxing of height restrictions for at least six housing estates in the north-east and east are in store after the air force moves out of Paya Lebar, MND said yesterday. The relocation of…

Luxury homes market still bogged down

The luxury homes market continues to be under pressure on both the rental and price fronts, with capital values in Singapore likely to correct further in the second half of this year. Indeed, Singapore was the only market…

HDB coffeeshop up for sale with $10-12m tag

A coffeeshop on Tampines St 91 has been put up for sale, and is expected to fetch between $10 million and $12 million. According to JLL, the coffeeshop – at the corner of Blk 915 – has 4,058…

EC market heats up under new loan rules

Buyers flocked to the latest two ECs to hit the market after new mortgage lending rules introduced in June dampened buying interest in private properties. Analysts attributed the demand to the way HDB rules are structured that make…

OSIM founder’s GCB may set new psf record

Osim founder Ron Sim is looking to sell his Bin Tong Park home for $117 million and, if successful, he could set a new record price on a psf basis for a property in a GCB area, BT…

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