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Resale HDB flat prices to drop?
Prices of resale flats could change in the coming months as 50,000 newly-built flats are handed over to their owners, said National Development Minister Khaw Boon Wan. At a recent dialogue session, he...
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EC site in Woodlands attracts seven bids; top bid of $216m by Qingjian Realty
An executive condominium (EC) site in Woodlands has attracted seven bids from developers, according to the Housing & Development Board (HDB). The 99-year leasehold site at Woodlands Avenue...
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Court ruling creates uncertainty for developers
In a landmark ruling last month, the Court of Appeal overturned a High Court decision and affirmed the right of the Chief Assessor to raise the annual land value for the Sail@Marina Bay site from the...
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Twin Fountains’ $1.64m penthouses sold out
The Twin Fountains executive condominium (EC) in Woodlands has seen strong interest from buyers, with the only two available penthouses sold for S$1.64 million each. Aside from both units which are...
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Annual value of properties reviewed regularly
In his commentary, “Court ruling creates uncertainty for developers” (May 10), Mr Colin Tan seemed to suggest that the Glengary case was the first time the Inland Revenue Authority of Singapore had...
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Sales of new private homes fall by half on-month in April
Sales of new private homes, excluding executive condominiums, halved to 1,375 units in April, compared to March. This was down from the record 2,793 units sold by developers in March, the highest...
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Singapore April residential sales decline 51% from record
Singapore’s April home sales dropped 51% from a record in March as developers marketed fewer projects as residential prices posted the smallest gain in three quarters. Home sales fell to 1,375 units in...
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EC sales on the rise after Khaw hints at changes in scheme
Some executive condominium developers said they have seen an increase in sales since National Development Minister Khaw Boon Wan hinted at changes to the scheme in April. Developers of the Watercolours...
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Maisonettes may appear in new EC projects
Two-storey maisonettes look set to pop up in new executive condominium (EC) projects. In Sembawang, one such project at the junction of Sembawang Crescent and Sembawang Drive will have 28 maisonettes....
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Govt to sell land for 14,200 homes
The Government plans to sell land that can yield up to 14,200 new private homes, including Executive Condominium (EC) units, in the second half of this year, broadly matching its previous sales...
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Punggol EC oversubscribed 1.2 times
The newly-launched Ecopolitan executive condominium (EC) in Punggol has been 1.2 times oversubscribed, with 650 e-applications received since Friday, 5 June. Developed by Qingjian Realty (South...
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Coastal EC set to open for e-application
Sea Horizon, a coastal executive condominium (EC) in Pasir Ris developed by Hao Yuan Investment and Sustained Land will open for e-applications on 7 August. The 495-unit project will feature twelve...
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Punggol EC nearly 60% sold on booking day
Close to 60 percent of all units at the Ecopolitan executive condominium (EC) in Punggol were sold during its booking period, supported by keen interest for its CoSpace concept. CoSpace is an...
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Residential investment down 37%
Residential investments in Singapore for 2013 declined by around 37 percent year-on-year to S$6.4 billion, on the back of fewer transactions for Government Land Sales (GLS) sites and tepid activity in...
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Private home prices fall for fourth straight quarter
Prices of private housing units fell by 0.7 percent in Q3 2014, following a 1.0 percent drop in the previous quarter, according to URA data. This is the fourth consecutive quarter of price decline. All...
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Last quarter likely to be quiet
Prices of private residential property could show slowing declines in Q4 2014, especially for the mass-market segment, according to Knight Frank’s Director and Head of Consultancy and Research Alice...
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Almost 2,500 EC units sit empty
After slipping to 11.5 percent in Q4 2014, the vacancy rate in the executive condominium (EC) market started to increase again in the first quarter of this year to 15.1 percent, according to data from...
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Where are buyers searching
As part of plans to keep our readers better informed of what’s ‘hot’ in the property market, we provide an update of the most searched properties from the PropertyGuru website in the past week, as well...
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Home buying momentum remains despite slower sales
Sales of new private homes in Singapore fell 16 percent to 322 units in January this year from the 384 units sold in December 2015, according to latest data from the Urban Redevelopment Authority...
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