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Changing tides of foreign buying

Changing tides of foreign buying

IN RECENT months, foreigners’ purchases of luxury condo units in Singapore, including penthouses, have made headlines in an otherwise subdued market. Yet, current foreign buying levels – in the year to date – are low compared with their peak years of 2007 and 2011, and have been since cooling measures were rolled out at the […]

5,000 new jobs to be directly created with growth of integrated resorts

5,000 new jobs to be directly created with growth of integrated resorts

The $9 billion expansion of Resorts World Sentosa (RWS) and Marina Bay Sands (MBS) will create up to 5,000 new jobs directly and benefit local businesses, the Government said yesterday. The new jobs are among other gains that the move to spice up Singapore’s tourism offerings will bring, including more tourists and a stronger hospitality sector, say […]

216 units at Sengkang Grand Residences sold over launch weekend

216 units at Sengkang Grand Residences sold over launch weekend

216 of the 280 units released for sale at Sengkang Grand Residences were sold at the launch weekend, said co-developers CapitaLand and City Developments Limited (CDL) on Sunday. The units at the 99-year leasehold development were sold at an average price of around S$1,700 per square foot (psf). Sales began on Saturday, a week after its sales […]

Novelty of Pullman

Novelty of Pullman

SINGAPORE (EDGEPROP) – EL Development’s Lim Yew Soon to launch Pullman Residences Newton and open the flagship, five-star Pullman Singapore hotel on Hill Street In recent years, EL Development, the privately-held property development arm of construction firm Evan Lim & Co, has been associated with large-scale, suburban private condo projects built on Government Land Sales […]

Midtown Bay, residential part of GuocoLand’s S$2.4b mixed-use project at Bugis, to launch on Oct 5

Midtown Bay, residential part of GuocoLand’s S$2.4b mixed-use project at Bugis, to launch on Oct 5

SINGAPORE — Property developer GuocoLand will be launching residential project Midtown Bay, in Beach Road near Bugis MRT station, on Saturday (Oct 5), with one-bedroom units starting from S$1.38 million. The 99-year leasehold project is the residential component of Guoco Midtown, a S$2.4 billion mixed use development that includes a 30-storey office building, shops and […]

Home-Price Growth in Singapore Moderates Amid Apartment Glut

Home-Price Growth in Singapore Moderates Amid Apartment Glut

Unit prices rose 0.9% in third quarter versus 1.5% in second  City-state has some 24,000 vacant units and more in pipeline Singapore home-price growth moderated last quarter amid slowing sales and a glut of apartments. Private residential prices increased 0.9% in three months ended Sept. 30 versus a 1.5% rise in the second quarter, data from the […]

Positive Buyers’ Demand Seen At The Antares Launch

Positive Buyers’ Demand Seen At The Antares Launch

Located right next to the Mattar MRT station on Downtown Line, The Antares comprises one block of 18-storey, one block of 17-storey and two blocks of five-storey residential flats. The Antares – a project of a joint venture consortium comprising Hock Lian Seng Holdings, Keong Hong Holdings, and TA Corporation – received positive buyers’ demand […]

UOL sells 276 units at Avenue South Residence

UOL sells 276 units at Avenue South Residence

SINGAPORE (EDGEPROP) – On the first day of launch, as at 7.45 pm on Sept 7, UOL Group sold 276 out of 300 units released at Avenue South Residence. The sales translates to 26% of the total 1,074-units in the residential project developed jointly by UOL Group, UIC and Kheng Leong Co. The buyers were […]