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Sweeteners to entice wary property buyers
United Engineers has started its promotion for their 3-bedroom units, penthouses and townhouse units at Eight Riversuites condominium at Whampoa East since November last year. Buyers could enjoy...
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It is official: Say goodbye to Keppel Club, Marina Bay Golf Course and Orchid...
A total of 219ha of land, equivalent to about a third the size of Ang Mo Kio, will be made available from 2030 after the leases on a number of golf courses expire. The government said yesterday that it...
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Is TDSR paperwork causing a drop in Refinancing Demand
With MAS well intention of Total Debt Servicing Ratio (TDSR) in order to ensure Singapore's long term property sustainability, there are some side effects.Apart from what we discussed previously about...
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New website for Malaysia home buyers to access project's sales data
The housing ministry of Malaysia is going to establish a new website to give home buyer access to information of ongoing development projects by early April. The information of the number of units sold...
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Future use of golf course land
The Ministry of Law has confirmed that the lease for Keppel Club, the Marina Bay Golf Course will not be renewed when the lease for the golf course expires in 2021 and 2024 respectively. As for Orchid...
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Limited office space likely to boost rents in 2014Q1
According to real estate research consultancy firm CBRE, a limited supply of office space could boost rents this quarter and in turn spur investment and leasing activity.Research head Desmond Sim noted...
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Buying interest drops, CapitaLand postpones project launch
Tighter loan restriction has affected the buying interest and CapitaLand has decided to delay a condominium launch at Marina Parade to an unspecified time this year. The Total Debt Serving Ratio (TDSR)...
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19 per cent rise in prime office rents in Singapore last year
The rents in Singapore central business district (CBD) surged 19.29 per cent last year. However, office space is still considered more affordable when compared to other major financial centres....
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Moulmein Development up for collective sale
Despite a softening property market, residents of a freehold Moulmein Road development have put up the site for sale by public tender for a asking price of more than $40 million. Comprising 16...
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Government may consider lease buyback for larger flats
According to National Development Minister Khaw Boon Wan, the government is considering expanding the criteria for the lease buyback scheme to allow seniors living in bigger Housing Board flats to...
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Strong buying interest over last weekend launches
The latest condominium projects launched in Seng Kang, Rivertrees Residences and Riverbank@Fernvale have received strong buyer's interest. Rivertrees Residences sold 200 out of 300 units launched and...
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MCL Land wins tops bid for twin Choa Chu Kang EC sites
MCL Land has topped the bids for two adjacent executive condominium (EC) plots at Choa Chu Kang by a slender margin. It offered $232.5 million for Choa Chu Kang Grove Parcel A and $210.1 million for...
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More demand for shoebox units from HDB owners
Shoebox units, homes with less than 500 sq ft, made up 17.3 per cent of private home purchases by HDB owners in the last quarter of 2013. For the whole of last year, 13.3 per cent of private home...
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Private home rent rates, the next to fall
The first quarter-on-quarter shows a decline in private home rent rates, the first decline since 2009. The expatriate population is expected to shrink with the tightening of foreign labour policy....
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CDL likely to turn condos into serviced homes
Property giant City Developments (CDL) is taking a drastic move by contemplating to turn some of its upcoming high-end condominium projects into serviced residences. According to CDL Executive Chairman...
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Think Beverly Hills, not in California but closer to home
Think Beverly Hills, not in California but closer to home - Kuala LumpurA prestigious award-winning development by Guocoland Malaysia, Damansara City Residency is the hallmark for luxury living in...
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Prince Charles Crescent site up for tender
A 99-year leasehold residential site at Prince Charles Crescent (Parcel B) has been put up for sale in a public tender by the government, with analysts saying that this will stoke healthy interest from...
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Industrial sites for sale
Three industrial sites in Pandan loop were put up for sale yesterday. In particular, one of the site is located within the JTC Food Zone and consists of a corporate office, factory floor, research...
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Development charges soar
Development charges (DC), which have to be paid when a property site is developed into more valuable projects, have been raised for selected sectors. According to the Ministry of National Development,...
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Real estate asset class favoured among ultra-high net worth individuals
Knight Frank's The Wealth Report 2014 shows that Asia' high net worth individuals (HNWI) prefer holding real estate asset class as a form of investment. Ultra HNWI are individuals with net assets...
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