Keppel Reit's Q1 DPU dips to 1.42 Singapore cents

KEPPEL Reit's distribution per unit (DPU) dipped to 1.42 Singapore cents for the first quarter ended March 31, 2018 from 1.45 Singapore cents in the year-ago period...

Keppel Reit's Q1 DPU dips to 1.42 Singapore cents

KEPPEL Reit's distribution per unit (DPU) dipped to 1.42 Singapore cents for the first quarter ended March 31, 2018 from 1.45 Singapore cents in the previous year, the group said in a Singapore Exchange filing on Wednesday evening...

Analysts make light of March fall in developers' home sales

MARCH private home sales dived almost 60 per cent from a year ago - but industry players are unfazed, citing a dearth of new launches as the main cause.

Developers' private home sales rise 86.5% to 716 units in March from previous month

CITY Developments' launch of The Tapestry condo in Tampines helped to boost developers' sales of private homes in March to 716 units, up 86.5 per cent from the 384 units sold in February 2018...

Shophouse deals cross S$500m year to date

THE buzz in the shophouse market continues, with deals crossing the S$500 million mark year to date.
BT EXCLUSIVE

Further home price spikes may spell risk of renewed cooling measures

SEVERAL more quarters of private home price increases of the magnitude seen in the first quarter could leave the property market here staring at the possibility of fresh cooling measures, industry players say.

Rebuilt house in Bin Tong Park sold for S$48m

A PLUSH house in the Bin Tong Park Good Class Bungalow (GCB) Area completed just a few years ago has changed hands for S$48 million, translating to S$2,063 per square foot on the freehold land area of 23,269 sq ft.

Full-year forecasts double after 3.1% jump in Q1 home prices

THE 3.1 per cent quarter-on-quarter increase in the Urban Redevelopment Authority's private home price index based on its first quarter flash estimate has shocked most property consultants, who were expecting a rise of 1 to 2 per cent. ...

URA private home price index rises 3.1% in Q1 2018, steepest q-o-q gain since Q2 2010

THE Urban Redevelopment Authority's (URA) overall private home price index rose 3.1 per cent in the first quarter of this year over the preceding quarter, based on a flash estimate released on Monday morning...

Japan Exchange Group to sell its 4.95% stake in SGX

JAPAN Exchange Group (JPX) said on Friday that it will sell its 4.95 per cent stake in Singapore Exchange (SGX) progressively over a period of about three years.
BT EXCLUSIVE

Amber Park, Royalville en bloc sales pushing up prices in vicinity

RESALE prices of existing condos and private apartments in District 15, which includes the Katong and Amber Road areas, as well as District 10 have risen significantly following news of the Amber Park and Royalville collective sales last year.

8M buys shophouses, commercial building for S$82.5m

HOMEGROWN investment property company 8M Real Estate has bagged a portfolio of nine conservation shophouses and a commercial building in District 1 near the Singapore River for a total of S$82.5 million.
HOCK LOCK SIEW

Need for tie-ups to sew up Holland Rd tender

A KEY talking point about the recent dual-envelope tender for the commercial and residential site near Holland Village MRT Station was the alliances that surfaced. All 15 entries came from 10 consortiums, with some placing multiple bids.

Good Class Bungalow deals start to rev up

A FEW big ticket deals in Good Class Bungalow (GCB) Areas were sealed recently.

Far East-led consortium places 3 of total 15 bids for Holland site

PROPERTY giant Far East Organization - which has been lagging its rivals in a land shopping binge in the past year or so - is leading a consortium that has placed three bids for a prime commercial and residential site in Holland Road.

State tender for Holland Road site draws 15 bids

A STATE tender for a plum 99-year leasehold commercial and residential site in Holland Road closed on Tuesday, attracting a whopping 15 bids.

Fragrance buys Jervois block for S$46.3m; Eu Realty sells two shophouses

A UNIT of Fragrance Group has bought Lotus at Jervois, a four-storey freehold apartment block, for S$46.3 million.

Tanjong Katong bungalow market on a roll

A STRING of large freehold bungalow deals have been sealed in the past few months in the Tanjong Katong area.

Shophouse deals gain momentum in Jan-Feb

THE Singapore shophouse market has had a good start to the year in terms of transactions volume with deals in places like Tanjong Pagar and Mosque Street in the CBD to Tanjong Katong Road and Joo Chiat Road. Prices are also holding well, if not appreciating, amid a dearth of new listings, say...
HOCK LOCK SIEW

How OUE could craft its exit strategy for OUE Downtown

OUE'S full-year results released recently revealed that its revamped Downtown property in Shenton Way helped to contribute to an increase in the group's revenue...

Hike in DC rates unlikely to derail en bloc fever soon

THE current collective sale market is unlikely to be derailed by the average 22.8 per cent hike in development charge (DC) rates for non-landed residential use in the next six months, say property consultants.

DC rates hiked 22.8% on average for non-landed residential use, 2.7% for commercial use

ON the back of bullish land bids by land-hungry developers in the past six months, the government has hiked development charge (DC) rates for non-landed residential use by 22.8 per cent on average. This is a steeper hike compared with the 13.8 per cent increase during the last revision six months...

EC supply crunch powers Punggol site to record price

THE under-supply in the executive condominium (EC) market is so acute that all 17 bidders at a state tender for a site in Punggol have placed bids that are higher than the record for EC land set in July 2013, at the previous peak of the residential market.

CDL-TID joint venture's top bid for Punggol site sets record for EC land

AMID a severe supply shortage in the executive condominium (EC) segment, an EC site in Sumang Walk in Punggol fetched a whopping 17 bids at a state tender that closed on Tuesday.