September 2017

18 real estate projects lauded for design and functionality at Singapore Property Awards

SINGAPORE - Eighteen real estate projects were lauded for being well built at an industry gala on Friday (Oct 6) and will go on to compete on the world stage. They were rated on criteria such as design, functionality and sustainability for the Singapore Property Awards, organised by the national chapter of Paris-based international real estate federation Fiabci. The 18 winners, which include hotels...

Standout buildings clinch prizes at Fiabci-S’pore awards

There is plenty of sparkle and flair in the urban landscape here, going by the gongs bestowed at a major awards gala last night. Prizes - judged on criteria such as design, functionality, and community and environmental impact - were conferred on 18 real estate projects that will now go on to compete on the world stage next year. The hotels, homes, and office and industrial buildings were feted...

First price rise in four years backs talk of property rebound

URA's flash estimates show that the overall price increase was driven by condominium and apartment prices in the suburbs LEE MEIXIAN THIRD-QUARTER flash estimates for private home prices have showed the first uptick after four years - 15 straight quarters - of decline. The private residential property index of the Urban Redevelopment Authority (URA) rose 0.5 per cent in Q3, compared to a 0.1 per...

Surging Singapore land bids are unsustainable, warns executive

SINGAPORE — Surging bids for Singapore land aren’t sustainable in a market constrained by demographics and the government’s cooling measures, according to the head of a developers’ association. “It is not sustainable to continue at this rate,” Augustine Tan, president of the Real Estate Developers’ Association of Singapore, said in a speech on Wednesday. “With property measures in place,...

Amber Park sale sets freehold enbloc record but Redas president says surging land bids not sustainable

By  KELLY NG SINGAPORE— In a sign developers are increasingly bullish about the private residential property market, two local developers have jointly snapped up the 200-unit Amber Park in Katong, marking the Republic’s largest freehold collective sale by dollar value. The S$906.7 million deal went to City Developments’ (CDL) wholly owned subsidiary Cityzens Development and Hong...