The Land Transport Authority (LTA) has recently awarded contracts totaling $961 million for the design and construction of two interchange stations in the second phase of the Cross Island Line (CRL) in Singapore. These two stations, King Albert Park in Bukit Timah and Clementi near Commonwealth Ave 5, mark the first contracts awarded for MRT […]
Singapore Land Group (SingLand) is set to initiate a partial redevelopment of the Marina Square shopping mall, as revealed in a filing on Friday, September 29th. In the third quarter of 2023, the Company has received Provisional Permission from the Urban Redevelopment Authority (“URA”) for this endeavor. Alongside its team of dedicated professional advisors, SingLand […]
We’re excited to reveal the remarkable success story of a three-bedroom unit at The Park Vale, showcasing the incredible profit potential of this upscale development. Record-Breaking Resale: During the week of September 12 to 19, an impressive transaction took place at The Park Vale. A spacious 2,034 sq ft three-bedroom unit, originally purchased for $1.13 […]
In July 2023, Housing Board (HDB) flat rents increased by 2%, marking the 37th consecutive month of rent hikes, following a 1.4% increase in June. Overall, HDB rents have risen by 24.1% between July 2022 and July 2023, based on data from real estate portals 99.co and Singapore Real Estate Exchange (SRX). Similarly, condominium rents […]
In the fourth quarter of 2023, more than 10 private residential projects are poised to launch, offering over 3,500 housing units. Despite a decrease in homebuyer interest and persistent high financing and land costs due to cooling measures in the real estate market, industry analysts anticipate that prices will remain stable. Among these launches, five […]
Welcome to the vibrant neighborhood of Watten House, nestled within the charming locale of Bukit Timah in Singapore. Beyond the allure of this tranquil residential haven, there’s a culinary paradise waiting to be explored in the heart of Bukit Timah. Embrace the culinary journey that unfolds within Holland Village, renowned not only for its lively […]
Singapore’s Forum mall, voco Orchard Singapore hotel, and HPL House are set to undergo redevelopment into a dynamic mixed-use complex in the heart of Orchard. The Urban Redevelopment Authority (URA) has granted approval for this project under the Strategic Development Incentive (SDI) Scheme, pending certain conditions. The forthcoming development will encompass around 114,153 sq m […]
BCA introduced a new CONQUAS banding system on 25th May 2023 to help private homebuyers make informed choices prior to their purchase and these information will be made available on BCA’s Quality Housing Portal (QHP). Under the new CONQUAS banding system, developers and builders will be assigned a rating from Band 1 (very low incidence […]
In the latest stage of the Primary 1 registration process in Singapore, 82 primary schools are set to conduct a ballot for spots in Phase 2C. This marks a slight decrease from the previous year’s 83 schools that faced a similar situation. Notably, Princess Elizabeth Primary School in Bukit Batok received the highest number of […]
CBRE, the marketing agent, has announced that FAR East Shopping Centre is now available for en bloc sale, with a guide price of S$928 million. Based on a maximum building gross floor area (GFA) of 290,574 square feet (sq ft), the land rate is estimated at S$3,421 per square foot per plot ratio, assuming the […]
