Commercial Property
Singapore luxury residential markets capital values remained stable in 4Q 2010
Prices remained stable for the second consecutive quarter as buyers remained cautious after recent government tightening measures.
Singapore luxury residential markets capital values remained stable in 4Q 2010
Prices remained stable for the second consecutive quarter as buyers remained cautious after recent government tightening measures.
URA places Hillview Avenue site up for public tender
The Urban Redevelopment Authority has placed a 1.4-hectare site at Hillview Avenue for commercial and residential use up for public tender. It has a...
Across-the-board rises in development charge rates may backlash on enbloc transactions:DBS
Rising land costs and the limited ability to raise ASPs in the near term could erode margins.
Increasing numbers of visitors pushed higher development charge rates for hotel sites:CBRE
Stronger interest in land parcels are due to the increasing numbers of visitors.
Residential use development charges rates increased by 18.4%
Development charges rates or the period from 1 March 2011 to 31 August 2011 increased by 18.4% and 10.6% for use group B1 and B2 respectively.
Development charges rates for commercial use increased by an average of 13%
For the period from 1 March 2011 to 31 August 2011, DC rates for Group A recorded the largest increase of 29% in Sector 9.
Overseas Union Enterprise reports 2010 net profit of $777.2mn
The robust performance was achieved on the back of a 58.8% rise in OUE's FY2010 revenue.
Housing and Development Board launched 3 Built-to-Order housing sites
The housing sites have 1,593 units on offer and these will ramp up the supply of new flats to meet rising demands.
URA launches tender at Hillview Avenue
The land parcel has a site area of about 1.4 ha and a maximum permissible gross floor area of 40,025 sqm.
CapitaMall Trust to acquire Iluma for $295mn
Iluma has a net lettable area of 185,190 sq ft and is connected by an overhead link-bridge to the second storey of Bugis Junction.
URA releases industrial site at Pioneer / Soon Lee
A 1.7-hectare industrial site at Pioneer Road North / Soon Lee Street has been released under the Reserve List system today.
HDB releases 2 residential sites for sale
The Housing and Development Board released two residential sites for sale that can collectively generate about 1,440 dwelling units.
Home prices to drop 3-5% in 2011
This comes after private residential sales fell 10.7 m-o-m to 1,189 units in January.
URA releases industrial site at Pioneer Road North/Soon Lee Street on Reserve List
This is the first of the four new industrial sites to be released for sale under the Reserve List of the first half 2011 Industrial Government Land...
Tender in Bishan receives record 19 bids
There is a 27% gap between the top bid of $550.1 million and the second bid.
Singapore real estate investment sales up 65.7% in 2H 2010
A total of $21.77 billion worth of sales transactions were concluded during the second half of 2010.
Mainland Chinese buyers of residential properties in Singapore reach record 23% in Q4 2010
The proportion of mainland Chinese buyers rose 3% in Q4 2010 from 20% a quarter ago.
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