September private home sales up 13.1% on month to 1,270 units: URA

DEVELOPERS in Singapore moved 1,270 private homes in September 2019, up 13.1 per cent from the 1,123 units they sold in the previous month and also 36.3 per cent higher than the 932 units sold in September 2018. The latest figure is the best showing in 14 months.

Two Belmont Rd GCBs being sold

TWO freehold bungalows along Belmont Road, the subject of mortgagee sales, are changing hands.

2019's healthy home sales mask uneven showing for different projects

DEVELOPERS are heading towards healthy home sales this year, with analysts expecting them to move more than 9,000 private homes, surpassing last year's figure of 8,795 units.

Two quarters of rises in private home prices raise question of cooling measures

TWO straight quarters of increases in the overall private home price index of the Urban Redevelopment Authority (URA) have sparked a debate on whether this might prompt the authorities to respond with more measures to cool down the property market.

Singapore private home prices up 0.9% in Q3: URA flash data

DESPITE Singapore's economic slowdown and downside risks ahead, private home prices rose for the second consecutive quarter, with at least one analyst saying this might prompt the government to respond with more cooling measures.

CapitaLand associate buying Fullshare's office space in Cecil St tower

AN associated company of CapitaLand is buying the office space at the former GSH Plaza in Cecil Street from a fund led by Hongkong-listed Fullshare Holdings in a deal expected to exceed S$500 million.

CapitaLand beats retail blues by working hand in glove with tenants

CAPITALAND Group, a major retail landlord in Singapore, has been weathering the tough retail environment by working more closely with its tenants.

HOCK LOCK SIEW

Tale of two cities for recent condo launches

DURING the weekend before last, four new private residential projects were put on the market and all of them had posted relatively tepid sales, ranging from five units for Cuscaden Reserve to 21 units at Meyer Mansion.

TOPLINE

CapitaLand gains big canvas for Singapore redevelopments from ASB purchase

SOME folks may think that CapitaLand does not have many Singapore residential developments coming up - with only two projects currently.

BT EXCLUSIVE

Two hospitality assets flipped for 30-70% profit in just months

TWO Singapore hospitality assets - one along Orange Grove Road and the other in Outram Road - have been flipped for handsome gains after holding periods of just under a year.

August private home sales down 4.8% from July: URA

DEVELOPERS in Singapore moved 1,122 private homes in August 2019, down 4.8 per cent from the 1,179 units they sold in the previous month, but 81.8 per cent higher than the the 617 units sold in August 2018.

BT EXCLUSIVE

'Ferrari woman' grants option to buy her GCB for S$47m

SHI Ka Yee, in her 70s and dubbed the "Ferrari woman" for a series of offences while driving her Ferrari, is understood to be in the early stages of selling her bungalow in Astrid Hill for S$47 million.

Muted updates to DC rates amid challenging macro scene

AGAINST the backdrop of a challenging macroeconomic environment, the government has announced muted adjustments in development charges (DC).

DC rates raised 1.7% on average for commercial use, trimmed 0.3% for non-landed residential use

The government has raised development charge (DC) rates for commercial use by 1.7 per cent on average for the period Sept 1, 2019 to Feb 29, 2020. This is a slower rate of increase than the 9.8 per cent hike for the last revision that took effect March 1 this year.

HOCK LOCK SIEW

Will sea change engulf developers?

SINGAPORE'S long-term approach to mitigate global warming and its consequences could offer a silver lining to some businesses here.

Two floors at Southpoint sold for S$78.4m

A COUPLE of commercial property deals were sealed recently.

HOCK LOCK SIEW

Property sales are picking up: What next?

DEVELOPERS' overall housing sales volume for July 2019 was their highest in 12 months.

NATIONAL DAY RALLY

HDB flats on prime Keppel Club site: Premium prices or tweaked sales terms?

THE prospect of having public housing on the plum Keppel Club site after its lease expires in two years has excited property market watchers.

New launches, affordability help property buck economic gloom

PROPERTY seems to be bucking the general gloom that has beset most sectors of Singapore's economy.

1,556 private homes including EC units sold in July, up 89% from June: URA

DEVELOPERS sold 1,178 private homes in July 2019, up 43.5 per cent from the 821 units they moved in the previous month, but down 31.7 per cent from the 1,724 units they found buyers for, in July 2018.

S$210m sale of Anson House completed

HONG KONG-BASED fund manager Arch Capital Management completed the acquisition of Anson House for S$210 million on Wednesday.

CapitaLand banks on divestment discipline to pounce on good opportunities

CRISIS is also a time of opportunity and property giant CapitaLand, which completed its acquisition of Ascendas-Singbridge (ASB) in late-June, is making sure it is well prepared and agile to pounce on any good opportunities amid the current uncertain business climate.

US fund manager in exclusive due diligence for Bugis Junction Towers

A SALE may be in the works for Bugis Junction Towers.

Nouvel 18's like exclusive honey to China bees

MAINLAND Chinese buyers continue to mop up luxe condo units in Singapore.

Wing Tai chairman, wife, sell Nassim GCB site for record S$230m

A GOOD CLASS BUNGALOW on a sprawling freehold site in the Nassim area has been sold for a record S$230 million.