16 06, 2017

Here’s Another Sign Singapore’s Housing Market Is Recovering

By |June 16th, 2017|Singapore|0 Comments

Chalk up another sign Singapore’s housing market is recovering: redevelopment deals are back. After slowing to a trickle the past three years as housing prices fell, four redevelopment deals -- where a group of owners band together to sell entire apartment blocks at a hefty premium -- have been struck already this year, with a [...]

14 06, 2017

S’pore property, Asia looking up: Fidelity

By |June 14th, 2017|Singapore|0 Comments

Strong condo sales making brokers positive on local developers; Asian stocks undervalued, says top exec SINGAPORE property is starting on a long uptrend, said a top executive at Fidelity International. "This current down cycle seems to me to have been going on for a long time," said Tim Orchard, who is chief investment officer equities, [...]

14 06, 2017

Singapore’s residential property market is sending mixed signals

By |June 14th, 2017|Singapore|0 Comments

Singapore's residential property market is getting mixed signals from prices, sales, rents and developers' land purchases Some analysts see signs of a gradual recovery, as end-users come off the sidelines But developers may see their margins get squeezed as competition for land pushes up prices, analysts said You'd be forgiven for being confused by Singapore's [...]

13 06, 2017

PropNex, DWG merge to become largest Singapore property agency

By |June 13th, 2017|Singapore|0 Comments

Singapore HOMEGROWN property agencies PropNex Realty and Dennis Wee Group (DWG) have agreed to merge - a move that will see the combined entity become Singapore's largest real estate agency with close to 7,000 salespeople. This is set to nudge ERA Realty Network, which has 6,238 agents based on the latest count, to second place. [...]

8 06, 2017

Malaysian developer buys 1 Draycott Park near Orchard Road for $72m

By |June 8th, 2017|Malaysia, Singapore|0 Comments

SINGAPORE - A subsidiary of Malaysian property developer Selangor Dredging has purchased a parcel of prime freehold land in the Orchard area. Champsworth Development, which is 50 per cent owned by Selangor Dredging, paid S$72 million for 1 Draycott Park. This translates to a price of approximately S$1,787 per sq ft per plot ratio, inclusive [...]

16 02, 2017

Consortium wins joint development partner contract for KL-Singapore high-speed rail

By |February 16th, 2017|Malaysia, Singapore|0 Comments

SINGAPORE: A three-party consortium has won the joint development partner (JDP) contract for the Kuala-Lumpur-Singapore high-speed rail (HSR) project, Singapore’s Land Transport Authority (LTA) and Malaysia’s MyHSR Corp announced on Thursday (Feb 16). Under the contract, the consortium – made up of WSP Engineering Malaysia, Mott MacDonald Malaysia and Ernst & Young Advisory Services – will [...]

9 02, 2017

Tan & Tan developments to unveil Stonor 3, its latest collection of luxury homes in the heart of KLCC 

By |February 9th, 2017|Malaysia, Singapore|0 Comments

7 February 2017, Kuala Lumpur - Tan & Tan Developments Berhad (“Tan & Tan”) is unveiling Stonor 3 in Singapore – one of its most luxurious homes in the heart of KLCC on 18 & 19 February at Hilton Singapore Hotel, Orchard Road. Located in the prestigious, highly sought after KLCC area and in close [...]

20 01, 2017

HK housing curbs may be a boon for Singapore property

By |January 20th, 2017|Singapore|0 Comments

Analysts expecting fallout from Nov hike in stamp duty to 30% for foreigners SINGAPORE'S three-year decline in home prices could see relief from an unexpected quarter in 2017: Hong Kong. So says Cushman & Wakefield Inc, which expects the slide in the city-state's home prices to end this year as foreign investors turned off by [...]

20 01, 2017

Square Yards slapped with fine, six-month ban

By |January 20th, 2017|Singapore|0 Comments

Two-person agency had sold property to investors from US developer that was subsequently charged with fraud THE Council for Estate Agencies has taken Square Yards Singapore Pte Ltd to task for failing to provide a written advisory message to an investor to draw his attention to the risks involved in purchasing foreign properties. Besides slapping [...]

20 01, 2017

Oxley’s Q2 profit, revenue surge; interim dividend lower

By |January 20th, 2017|Singapore|0 Comments

PROPERTY developer Oxley Holdings on Thursday reported a net profit of S$123.75 million for the second quarter ended Dec 31, 2016, up from S$47 million a year ago, in line with higher revenue. Revenue rose from S$177.77 million to S$605.73 million, mainly due to recognition of revenue from Oxley Tower upon its completion in December [...]