Topic of Interest: #PropertyGuru (2,208 Articles Found)

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One-North Eden to open for preview this Saturday

One-North Eden, a mixed-use development project by TID in prime District 5, is set to open for preview this Sat), with bookings slated on 24 Apr when the project is launched. TID Pte Ltd is a JV between…

CBD Grade A rents stabilise in Q1 2021

Singapore saw stabilised rents for Grade A offices in CBD in the first quarter of 2021, falling by only 0.3% q-o-q to $9.54 psf. The downtick was mainly by Orchard and Raffles Place/New Downtown Premium micro-markets which posted…

Grade A offices may lead recovery in Singapore’s office market

With the government’s announcement that work-from-home will no longer be the default arrangement in Singapore, CBRE expects Grade A offices to lead the recovery of the Singapore office market this year. “There is optimism surrounding the mid-term outlook,…

About 85% of BTO projects delayed by six to nine months

About 85% of the ongoing BTO projects have been delayed by around six to nine months beyond the ECDs originally indicated to buyers during project launches, revealed MND in Parliament on Mon. It was responding to MP Yeo…

All flat buyers considered to have taken HDB housing loan once loan is disbursed

All HDB flat buyers are deemed to have taken the HDB housing loan once it is disbursed, regardless of whether they subsequently profit from the ownership of the flat, said MND in Parliament on Mon. It made the…

Property agents must give clients accurate, unbiased advice

When advising clients on property purchases, real estate salespersons – also known as property agents – must give accurate and unbiased advice taking into account the interests of their clients, including relevant factors such as affordability, said MND…

Singapore private home prices up 2.9% in Q1 2021

Private home prices in Singapore have continued to move on an upward trend, rising 2.9% in Q1 2021, showed flash estimates from URA on Thurs. URA revealed that landed property prices increased 5.6% in Q1 2021, reversing the…

HDB resale prices up 2.8% in Q1

Resale prices of HDB flats rose 2.8% in the first quarter of 2021 – or its fourth consecutive quarterly increase, showed the Q1 2021 HDB flash estimates on Thurs. HDB resale prices increased 3.1% in Q4 2020, 1.5%…

Freehold residential land in Braddell Heights Estate on sale for $1,000 psf

Two adjoining, freehold residential plots of land at Vaughan Road within Braddell Heights Estate have been put up for sale via EOI with a guide price of $1,000 psf, revealed Knight Frank. Enjoying a 24m frontage to Vaughan…

Two Kampong Glam shophouses on sale for $11.55 mil

Two prime freehold shophouses at 33 and 35 Sultan Gate within the Kampong Glam conservation area have been put up for sale via EOI, with an indicative price of $11.55 million, revealed CBRE. This works out to around…

Three strata-titled units at GB Building up for sale

A portfolio of three strata commercial units at GB Building within CBD has been put up for sale via EOI, revealed Knight Frank. With strata areas ranging between 5,425 sqft and 13,067 sqft, the units for sale include…

Mok Sze Sze joins SRI as Managing Partner of SRI Auction

SRI announced that Mok Sze Sze has joined the company as Managing Partner of SRI Auction. “Her team brings along more than 50 years of experience in the real estate industry,” said SRI. It noted that Mok Sze…

Garcha Group to launch MYPOSHPAD in April

Luxury hotel group Garcha Group is set to launch MYPOSHPAD, which offers an all-inclusive luxury co-living boutique hotel experience, on 1 Apr. The luxury boutique hotel portfolio includes Duxton Reserve, The Vagabond Club, Autograph Collection, Maxwell Reserve and…

Huttons names new Legal Counsel, Head of Training and Special Projects

Huttons Group has appointed Yeo Chin Hao as its new Legal Counsel and Shaun Tan as Head of Training and Special Projects. Aside from leading Huttons in all legal aspects, Yeo will also provide consultation to improve the…

ERA unveils new overseas partnership, ground-breaking proptech tools

For the first time on Wed, ERA held its annual APAC Business Conference virtually. Second Minister for Finance and MND Indranee Rajah graced the virtual conference, which was attended by more than 18,000 trusted advisors across 10 countries.…

Ocean Financial Centre is first commercial building to achieve the WELL Health-Safety Rating

Ocean Financial Centre, Keppel REIT’s premium Grade A office tower, has emerged as the first commercial building in Singapore to achieve the WELL Health-Safety Rating by the Intl WELL Building Institute (IWBI), on the back of its robust…

About 6,000 appeals for third HDB loans received in 2020

HDB received about 6,000 appeals for a third HDB housing loan last year, revealed MND in Parliament on Mon. The ministry noted that HDB provides “up to two housing loans at the concessionary interest rate to eligible Singapore…

Two adjoining GCBs at Ewart Park and Holland Road on sale

Two adjoining good class bungalows (GCBs) at Ewart Park and Holland Road have been put up for sale via EOI with a guide price of $35 million and $31 million, respectively, revealed Edmund Tie. The GCB at Ewart…

Freehold four-storey building at Kim Keat Road for sale at $9.5 mil

A freehold four-storey building at 8 Kim Keat Road has been put on the market at an indicative price of $9.5 million, or $1,335 psf based on built-in area. It sits on a 2,015 sqft site zoned “residential…

GuocoLand to launch Midtown Modern on 20 March

Midtown Modern, a luxury residential project at mega integrated development Guoco Midtown on Beach Road and Tan Quee Lan St, is set for launch on 20 Mar. Comprising two 30-storey towers and a retail podium, the 558-unit development…

Fitch affirms ‘BBB’ ratings on Starhill Global REIT

Fitch Ratings has affirmed the ‘BBB’ long-term ratings on Starhill Global REIT medium-term notes and debt issuance programmes, as stable. The affirmation reflects Fitch’s expectations that leverage will stay “below the agency’s negative rating sensitivity of 9.0x in…

KKR-backed PropertyGuru weighs U.S. listing via SPAC

PropertyGuru (PG), the Singaporean online real estate firm backed by private-equity firms KKR & Co. and TPG Capital, is considering a US listing through a merger with a special purpose acquisition company, according to people familiar with the…

Singapore ranked most desirable location for luxury homes by Asia’s wealthy

Singapore has emerged as the most desirable locations to buy investment homes for wealthy Asians within Asia and the fourth most desirable among Asian homebuyers globally. This comes as Singapore continues to be an “oasis for investments due…

Government adopts consultative, calibrated approach in balancing heritage preservation with development needs

MND reveals that URA closely works with NHB as well as expert panels and key stakeholders to integrate heritage considerations upstream in its land use planning process. With built heritage strengthening Singaporeans’ sense of identity and history, the…

Woodlands Industrial Park site launched for application

JTC has launched an industrial site at Woodlands Industrial Park for application under the first half of the 2021 IGLS programme. Located at Woodlands Industrial Park E7/E8, the 30-year leasehold site has an area of 0.77 ha and…

Dublin Lodge on sale for $67.55mil

The owners of Dublin Lodge, a two-storey residential development along Dublin Road, off Killiney Road, have put the freehold development for sale, expecting offers above their $67.55 million reserve price, revealed Knight Frank. This works out to 2,500…

Nine Joo Chiat Place shophouses on sale for $33.9mil

A row of nine conservation shophouses located at 30 to 46 Joo Chiat Place is up for sale via EOI with an indicative price of $33.9 million or around $2,422 psf on the land area, revealed Huttons Asia…

CapitaLand, Shopee unveil IMM virtual mall

IMM, Singapore’s largest outlet mall operated by CapitaLand, has launched its virtual mall on Shopee to help Singapore retailers embrace digitalisation. In an SGX filing, CapitaLand noted that the initiative is an “outcome of the EST’s AfA on…

13 towns identified for Remaking Our Heartland scheme since 2007

A total of 13 towns/estates have been identified for the ROH scheme since the programme was launched in 2007, said MND in Parliament on Mon. The towns are identified based on their potential and opportunities for rejuvenations, said…

Economic rebound to lift most property sectors

An economic rebound in 2021 is expected to lift most of Singapore’s property sectors to some extent, particularly the residential, office and industrial sectors. The residential property sector, for instance, is expected to post a recovery in private…

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