This guide is intended to help you navigate the effects of Covid-19 on Singapore’s property market, whether you are a property owner or someone seeking to buy or sell property during this Covid-19 situation. How are you and your real estate investments affected by changes in government policy, macro-economic environment and property market sentiment? We […]
Continue readingPrices of private residential properties rose 1.5% quarter-on-quarter in Q2 2019, hitting a five-year high. Some interesting observations: Foreign buying increased in Q2, with the number of non-landed homes bought by foreigners rising 46.2% from the previous quarter. The most high profile purchaser would be James Dyson, who dropped almost $120 million for the most […]
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The Cross Island Line (CRL) is Singapore’s 8th MRT line, stretching from Changi to Jurong. Phase 1 of the Cross Island Line, target to complete by 2030, will cover 29km and have 12 stations starting from Aviation Park in Changi to Bright Hill in Sin Ming. There will also be a 7.3km-long Punggol Extension, targeted […]
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A 154,000 sqft residential GLS site at Hillview Rise has been won by Hong Leong Group with a top bid of $460m. Based on a 430,879 sqft gross floor area (GFA), the price works out to about S$1,067 psf per plot ratio (psfppr). The tender drew nine concept proposals from eight tenderers under a dual-envelope […]
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Development: Kemaman Point Address: 5 Jalan Kemaman District: 12 Tenure: Freehold TOP: 1993 Site Area: 43,825 sqft Plot Ratio: 2.8 Gross Floor Area (GFA): 122,711 sqft Price per sq ft per plot ratio (PSFPPR): $1173 Number of units: 89 Sale date: 19 June 2018 Sale price: $143.88m Developer(s): Soildbuild Group Owners’ payout: $1.4-2.32m Other information: […]
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5 July 2018: Hillview Rise GLS Site Sold to Hong Leong Group for $460m 17 May 2018: Cuscaden Road GLS Site Sold to SC Global Developments, FEC Properties and New World Development for $410m
Continue readingThe tender for a GLS site along Cuscaden Road, within the Orchard planning area (District 10), has been successfully closed. SC Global Developments, FEC Properties and New World Development teamed up to offer the winning bid of close to $410m for the prime residential site, which is just a few minutes’ walk from Orchard Boulevard […]
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Development: Park House Address: 21 Orchard Boulevard District: 10 Tenure: Freehold TOP: 1970 Site Area: 46,984 sqft Plot Ratio: 2.8 Gross Floor Area (GFA): 129,035 sqft Price per sq ft per plot ratio (PSFPPR): $2,910 Number of units: 56 apartment and 4 shops Sale date: 13 June 2018 Sale price: $375.5m Developer(s): Shun Tak Holdings […]
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Development: Chancery Court Address: 36A Dunearn Road District: 11 Tenure: 99 years TOP: 1981 Site Area: 259,134 sqft Plot Ratio: 1.4 Gross Floor Area (GFA): Price per sq ft per plot ratio (PSFPPR): $1,610 Number of units: 136 residential and 8 commercial Sale date: 17 May 2018 Sale price: $530m Developer(s): Undiosclosed Owners’ payout: $1.8m-$3.5m […]
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Launching as Pullman Residences Development: Dunearn Gardens Address: 16 Dunearn Gardens District: 11 Tenure: Freehold TOP: 1992 Site Area: 95,442 sqft Plot Ratio: 2.8 Gross Floor Area (GFA): 267,239 sqft Price per sq ft per plot ratio (PSFPPR): $1914 Number of units: 114 Sale date: 23 April 2018 Sale price: $468m Developer(s): EL Development Owners’ […]
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