Daily Archives: December 19, 2013 (12 Articles Found)

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Quit complaining, here’s proof that home price hike is actually slow

According to DBS, following the implementation of TDSR limit and increasing completions of new homes, both private and public resale home prices have experienced decelerating price growth momentum. For 9MTD, private home prices rose a marginal 0.4% q-o-q…

Ascott REIT funnels S$54m to debt repayment and asset enhancement

In a disclousre to SGX, Ascott Residence Trust (Ascott REIT) announced the initial use of proceeds from its underwritten and renounceable rights issue. The trust managed to raise approximately S$253.7 million in gross proceeds, part of which were…

Keppel Land names Huang Jing as director

Keppel Land announced the appointment of Prof Huang Jing as independent non-executive director effective 1 Jan 2014. Prof Huang Jing, 57, is professor and director of Center on Asia and Globalisation, Lee Kuan Yew School of Public Policy,…

JLL: More cautionary stance adopted

The latest GLS programme, announced yesterday, suggests that the government is taking a more cautionary stance towards the housing market especially in light of the slower market activity since the introduction of the recent financing policy, according to…

Raffles Medical plans new mall on Holland Village site

Holland Village is likely to get a new medical centre, along with shops and food and beverage outlets in the same new mall. The move by Raffles Medical Group is in line with plans by the Government to…

Govt eases land sales for first half of next year

The government is scaling back the supply of land for residential development in the first half of next year, a move that analysts said made sense in light of the softening market and the large supply of homes…

Redhill plot ‘will send crucial signal to market’

A plum plot that goes on sale in Redhill next year could be a litmus test of where home prices are headed in the upmarket neighbourhood, said analysts yesterday. While they agree that the Prince Charles Crescent site…

Rolled over sites to steal limelight in H1 2014 GLS

MND may have introduced seven new sites across the confirmed and reserve lists for the H1 2014 GLS Programme, but it is the older sites on the current H2 2013 slate being rolled over that will steal the…

The 4,630 private homes that can be generated from the confirmed list sites slated for launch by the government in H1 next year is not only down 22.3 per cent from the current H2 2013 slate but is…

Property auctions hammered by curbs

The auction market had a lacklustre third quarter as nervy buyers held fire in the wake of property cooling measures, home loan curbs and share market volatility. Only three of the 117 properties that went under the hammer…

Upcoming GLS programme could put pressure on some developers

The location of several sites in the upcoming government land sales (GLS) programme could put pressure on some developers, especially those with unsold private residential units or yet-to-be launched projects in the area, according to some property analysts.…

Strong support for SERs: HDB survey

HDB residents who are offered the Selective En bloc Redevelopment Scheme (Sers) continue to show strong support, according to a HDB survey released on Thurs. The survey, conducted every two years, found that 87 per cent of 628…

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