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With the rule change, locally controlled developers can now be treated as Singapore companies under the RPA when they ac...
23/02/2020

With the rule change, locally controlled developers can now be treated as Singapore companies under the RPA when they acquire residential land for development.

This would be based on criteria such as having a track record in Singapore and a significantly Singaporean substantial shareholding interest.

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Some listed developers in Singapore may now get some reprieve from onerous conditions currently imposed on foreign developers when they buy residential land for development following a rule change yesterday.. Read more at straitstimes.com.

Resale flat buyers last month underpaid according to what SRX estimates to be the market value for flats. The overall me...
22/02/2020

Resale flat buyers last month underpaid according to what SRX estimates to be the market value for flats. The overall median transaction over X-value (TOX) was negative $500 last month, a decrease of $1,500 compared with December.

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SINGAPORE - The Housing Board resale market started this year on an upbeat note.. Read more at straitstimes.com.

The 2000s saw HDB reach for the skies - literally, by going higher and in creativity. This saw the launch of HDB's first...
21/02/2020

The 2000s saw HDB reach for the skies - literally, by going higher and in creativity. This saw the launch of HDB's first 50-storey and also its tallest public housing project, The Pinnacle @ Duxton, which features the world's two longest sky gardens, each stretching to 500m.

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. Read more at straitstimes.com.

By 2026, the Jurong Lake area will become a leisure and recreational cluster, complete with a new 7ha integrated tourism...
20/02/2020

By 2026, the Jurong Lake area will become a leisure and recreational cluster, complete with a new 7ha integrated tourism development and the new Science Centre, developed around Jurong Lake.

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Over the last nine years as the Jurong Lake area was being rejuvenated, small business owners started noticing an uptick in sales.. Read more at straitstimes.com.

The Punggol Digital District will incorporate a business park, the Singapore Institute of Technology’s new campus as wel...
19/02/2020

The Punggol Digital District will incorporate a business park, the Singapore Institute of Technology’s new campus as well as community facilities. It is slated to open progressively from 2023 and will create 28,000 jobs in fields such as cybersecurity and data analytics.

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SINGAPORE: The 50-hectare Punggol Digital District is on track for completion from 2023, with the first phase of a key feature - a central ...

Sin Ming residents travelling to Republic Polytechnic in Woodlands will have their journey time halved, from 50 to 25 mi...
18/02/2020

Sin Ming residents travelling to Republic Polytechnic in Woodlands will have their journey time halved, from 50 to 25 minutes, by taking the line from Bright Hill station to Woodlands North station.

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SINGAPORE — With just two weeks before the first three MRT stations on Thomson-East Coast Line open, the authorities said that the next phase is already 90 per cent complete.

Owners selling up in the public housing sector to buy in the private market gave a much-needed boost to sales numbers. T...
17/02/2020

Owners selling up in the public housing sector to buy in the private market gave a much-needed boost to sales numbers. There were 10,104 units shifted in 2019 - 14.9 per cent more than the 8,795 transacted in 2018.

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Developers had a bit more reason to cheer last year than in 2018, thanks in part to Housing Board upgraders.. Read more at straitstimes.com.

The number of units leased for both non-landed private units and HDB flats could rise between 1.5 per cent and 2.5 per c...
16/02/2020

The number of units leased for both non-landed private units and HDB flats could rise between 1.5 per cent and 2.5 per cent by this December, if "the employment market remains healthy".

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Read more at The Business Times.

All new HDB developments must have a "green plot ratio" of at least 4.5, meaning the total "leaf area" of all the plants...
15/02/2020

All new HDB developments must have a "green plot ratio" of at least 4.5, meaning the total "leaf area" of all the plants has to be 4.5 times the site area.

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The Housing Board said it is ramping up efforts to provide more integrated foliage and greenery as part of efforts to create a liveable and sustainable environment for residents.. Read more at straitstimes.com.

One of the most significant new residential developments in the area was the 660-unit DUO Residences at the DUO integrat...
14/02/2020

One of the most significant new residential developments in the area was the 660-unit DUO Residences at the DUO integrated development by M+S, a joint venture between Singapore’s Temasek Holdings and Malaysia’s Khazanah Nasional.

Launched in August 2013 and completed in 2017, DUO Residences is fully sold, with an average transacted price of $2,042 psf, based on caveats lodged as at Dec 18, 2019.

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The Beach Road-Bugis area saw the most investment deals in 2019. Check out the upcoming developments that are going to change the streetscape.

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