Residential Property
Developers expected to be cautious in bidding activities
                                                                                 
                    
                    	Investors’ risk appetite in the near term will remain low due to external volatility, says DBS.
                
                                
            Developers expected to be cautious in bidding activities
                                                                                                                 
                            
                            	Investors’ risk appetite in the near term will remain low due to external volatility, says DBS.
                        
                                                
                        
    
                    14,200 residential units to be up for grabs in 2H12
                                                                                                 
                        
                        	These units include 3,100 executive condominiums, so take your pick.
                    
                                        
                    
                Perception of a slowing resale market post ABSD misguided: analysts
                                                                                                 
                        
                        	Around 1,017 transactions were already registered at SRX database as of June 11 while April data surprisingly far exceeded 800-unit forecast.
                    
                                        
                    
                Colliers names most attractive sites in 2H12 GLS programme
                                                                                                 
                        
                        	The property analyst picks out the top residential, commercial and hotel sites based on their proximity to public transport and activity hubs.
                    
                                        
                    
                Government gives in to booming private residential demand
                                                                                                 
                        
                        	The teeming amount of private residential land in the new 2H12 GLS programme should sate the hunger of home purchasers, said Colliers.
                    
                                        
                    
                Private residential sites dominate 2H12 GLS programme
                                                                                                 
                        
                        	About two-thirds of the programme consists of private residential sites with the rest a mix of commercial sites, white sites and hotel sites.
                    
                                        
                    
                2 hotel sites at Kallang Riverside no longer on the reserve list
                                                                                                 
                        
                        	Government introduces more changes in the GLS Programme for the First Half of 2012.
                    
                                        
                    
                Government confirms additional property supply in 2H
                                                                                                 
                        
                        	A total of 7,100 private residential units, 308,000 sqm GFA of commercial space and 3,700 hotel rooms coming our way in 2H.
                    
                                        
                    
                More than 40% of private homes in the market remain unsold
                                                                                                 
                        
                        	A huge number that might indicate slowdown in the demand but the government remains optimistic, placing 13 more sites for private homes in 2H.
                    
                                        
                    
                Buangkok Dr condo site receives cheaper bids than Sengkang
                                                                                                 
                        
                        	Interest was lukewarm with only five bids topped by City Development at $301m.
                    
                                        
                    
                Five bidders vie for Buangkok Drive / Sengkang Central tender
                                                                                                 
                        
                        	Highest bid for residential site came in at $301 million from White Haven Properties Pte. Ltd.
                    
                                        
                    
                Chart of the Day: Private rent down
                                                                                                 
                        
                        	Compared to the first quarter, private rent per square foot fell by 1% in April and May.
                    
                                        
                    
                What you need to know more about the Additional Buyer's Stamp Duty
                                                                                                 
                        
                        	In case you’re still confused, IRAS has clarified information on affected properties in the Fourth Edition of the Guide.
                    
                                        
                    
                Capital Development wins tender for Pasir Ris Drive 3 site
                                                                                                 
                        
                        	The company’s bid for the 22,317.4 sqm residential site was almost $211 million.
                    
                                        
                    
                Ascott Residence Trust's Head of Finance resigns
                                                                                                 
                        
                        	Ivy Lim Faye Yik was in charge of treasury management, financial management and compliance matters for Ascott Residence Trust.
                    
                                        
                    
                Public housing rents got cheaper
                                                                                                 
                        
                        	But resale HDB in top three towns got more pricey.
                    
                                        
                    
                Aalto at Meyer Road slow to sell remaining units
                                                                                                 
                        
                        	The property at D15 was launched 4 years ago but still has four units left unsold.