Business

Question mark over sustainability of land bids

Freehold condominium Amber Park fetched $906.7 million yesterday in a collective sale, the latest of several big-money transactions, but industry bigwigs are at odds over whether the residential market is heading for a major rebound. The record sale for a freehold site, clinched by City Developments Limited, comes on the heels of a string of large collective sale deals, including Tampines Court at $970...

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...