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Sim Lim Square atrium asking for $48 million price tag
The only atrium shop space located on the ground floor of Sim Lim Square is being launched for sale by expression of interest.CBRE, the sole marketing agent for the sale, said it expects to receive...
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HDB upgraders hardest hit by EC changes
Housing Board flat upgraders are likely to be the hardest hit by changes to the executive condominium (EC) housing scheme. As the Government tightens loan rules for EC buyers, buyers who are looking to...
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Supply of larger flats shrinks, while more smaller units will be offered
Come next year, the Housing Board will build fewer three-room, four-room and five-room flats after three years of ramped-up supply. Instead, the supply of two-room flats and studio apartments will be...
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Five sites under GLS to yield 3,000 homes
Five residential sites, estimated to yield about 3,000 homes, will be launched for sale this month under the H2 2013 Government Land Sales Programme.Of this, four were launched for sale on 16 December...
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How to Make Your New House Welcoming and Cosy
When you're moving into a new home, it usually takes awhile to get used to it. However, with just a tiny amount of effort, the move from one comfort zone to another comfort zone can be pleasant and...
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Planning Your Christmas Party Décor
If you're planning a party this Christmas, you'll want to make sure that the party décor is fun, warm, and inviting. With a little preparation and planning, your home can look really awesome when the...
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2014 foresees a quiet HDB resale market
Property analysts expect next year to be a quiet year for the HDB resale market - similar to 2013 which has seen the fewest deals in years. While activity will be slow in the first half, it is expected...
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10,000 couples benefit from HDB priority scheme
Come January 2014, nearly 10,000 couples will have benefited from the Parenthood Priority Scheme. Such success, said National Development Minister Khaw Boon Wan, was made possible because of quick...
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Westin Singapore hotel sold for $468m
Just over a month after officially opening its doors to guests, The Westin Singapore hotel has been sold for $468 million to Japan-based property developer and investor Daisho Group.The acquisition of...
View ArticleBEWARE OF HIGHER RENTAL YIELD OVERSEAS PROPERTIES
With property cooling measures in Singapore, many property buyers are looking elsewhere outside of Singapore. As we have seen from anecdotal evidence, the presence of many overseas investment property...
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Subdued year for industrial property in 2014
After a fairly eventful 2013, market watchers are expecting subdued activity in the industrial property market this year, with no likely large-scale changes to take place. On the whole, property...
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Wheelock unveils condo project in AMK
Wheelock Properties will be unveiling its first 99-year suburban condo project in Singapore in nearly two decades. Located in Ang Mo Kio Avenue 2, The Panorama's showflat will open with sales bookings...
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Luxury home market takes a tumble
Some luxury home owners who bought during market highs are now experiencing losses of up to $1.2 million as prices of posh homes take a tumble. Experts say losses on that scale are sporadic, but noted...
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The Hillford is popular among young investors but 60-year lease may pose...
While The Hillford could offer potential buyers a chance to buy into the highly desired Bukit Timah address cheaply, demand could be limited by its 60-year leasehold.Marketed as the first retirement...
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Bullish $199m bid for Jurong West EC site
Despite last month's rule changes affecting the executive condo market, an EC site in Westwood Avenue has drawn strong interest with 12 bids and a high top bid of $198.9 million from a Koh...
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S'pore properties drew $4b foreign investments in 2013: DTZ
According to the latest report by property consultancy firm DTZ, foreign investors increased their presence in Singapore real estate by ramping up their property investments here to $4.1 billion in...
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Median COV falls to $5,000
Cash premiums for resale Housing Board flats have hit a four-year low.According to Singapore Real Estate Exchange (SRX) flash estimates, the median cash-over-valuation (COV) was $5,000 in December...
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Take up rate for HDB's Lease Buyback Scheme increases
The number of seniors taking up the Housing Board's Lease Buyback Scheme went up last year to 240, after rules were relaxed so more flat owners aged 63 and above could qualify.That is up from a total...
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HDB maisonette sold for record $1.05 million despite market slowdown
An HDB maisonette in Bishan sold for a record-breaking $1.05million last month, despite overall declining resale prices.Singapore Real Estate Exchange figures show that the median resale price in...
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Paya Lebar residential site sees tight seven-way tussle
A tender for a residential site in Upper Paya Lebar Road had been expected to attract keen interest from developers. Indeed, it lived up to its billing.The 216,113.3 sq ft site had drawn seven bids in...
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