Buyers snap up units at Singapore’s priciest suburban condo

By THE STRAITS TIMES SINGAPORE: It may be Singapore’s most expensive suburban condo, but more than 100 units of CapitaLand’s Moshe Safdie-designed Sky Habitat in Bishan were snapped up on the first weekend of its launch. Out of the 180 units released for sale, 125 units were sold last Sunday. Eighty-three per cent of the [...]


Far East upbeat on property sales

By BUSINESS TIMES FAR East Organisation, a private developer with an annual revenue of S$5.5 billion (RM13.4 billion), expects investors from Southeast Asia to continue buying its properties despite the global turmoil. The diversified group is targeting property buyers from Malaysia, China and Indonesia, said its chief operating officer Chia Boon Kuah. This is because [...]


Singapore office rents fall up to 8.8%

By REUTERS SINGAPORE: Singapore office rents declined as much as 8.8% in some parts of the citystate in the first quarter, hurt by the weaker global economic outlook that led firms to hold back their expansion, real estate consultants Colliers International said. The fall signals the downturn in the office rental market has worsened and [...]


Singapore’s HDB to launch 8,000 flats today

By STRAITS TIMES They are located in mature and non-mature estates and cover the full range of flat types SINGAPORE: The Housing Board (HDB) will launch a bumper crop of 8,000 flats today through a joint build-to-order (BTO) and sale of balance flats exercise. The flats are located in mature and non-mature estates, such as [...]


S’pore developers bids for sites signal likely dip in home prices

By THE STAR SINGAPORE: Developers on the island-state are becoming more cautious about how much money they are willing to pay for private home sites. They seem to be getting more worried that private home prices could fall, perhaps by up to 8% this year, according to a research report. So they have to factor [...]


2nd-time buyers get a better shot at buying executive condos in Singapore

By STRAITS TIMES SINGAPORE: When the news broke last Friday that second-time buyers of public housing units would be given more chances to purchase executive condominium (EC) units, Eddie Luo, 37, was elated. The engineer and his wife were seeking to move their two children and his father from their five-room flat in Sengkang, and [...]