The Thomson-East Coast Line (TEL) is the newest MRT line to begin operation, with the first stations having opened in January 2020. Here is how the future MRT network map will look when the entire TEL is operational. TEL stages and opening dates – Stage 1 (already operational): Woodlands North, Woodlands and Woodlands South Stage […]
Continue readingTag Archives: Property News
CapitaLand to focus more on Singapore prices amid curbs
With headwinds expected to persist in the Republic’s residential market as a result of the various property curbs, South-east Asia’s largest developer CapitaLand yesterday said it would have to focus more on the prices of its offerings amid strong competition. “In terms of pricing for residential (property), we’ve noticed that recent launches and relaunches are […]
Continue readingURA Gazettes Master Plan 2014
Singapore’s latest Master Plan 2014 has been gazetted on 6 June 2014. The Master Plan 2014 is the statutory land use plan that guides the physical development of Singapore for the medium term (~5 years). As part of the Master Plan, all 75 heritage buildings proposed for conservation under the Draft Master Plan 2013 were […]
Continue readingFrasers Centrepoint in $3b bid to takeover Australian developer
Frasers Centrepoint Limited (FCL) has made a A$2.6 billion (S$3.03 billion) bid to takeover Australian developer Australand Property. If it goes through, this will be one of the biggest acquisitions by a Singapore real estate company in recent years. The acquisition would give FCL control of Australand’s A$2.4 billion portfolio of office and industrial properties […]
Continue readingResidential developments within 400m of MRT stations to get sheltered walkways
All residential developments within 400m of MRT stations will get sheltered walkways under the LTA’s new Walk2Ride programme. This sheltered walkway building programme will add more than 200km of these passages around 59 MRT stations by 2018. Sheltered walkways are now provided from transport nodes to schools and healthcare facilities within a 200m radius. Such […]
Continue readingS$749m contract awarded for 91 trains on Thomson, Eastern Region line
The Land Transport Authority (LTA) has awarded a contract worth about S$749 million for the purchase of 91 new four-car trains for the Thomson and Eastern Region lines. The fully automated and driverless trains will be the first in Singapore to have five doors on the sides of each car for smoother boarding and alighting. […]
Continue readingMAS Broadens TDSR Exemption – Loan Curbs Relaxed
MAS is relaxing load curbs under the existing Total Debt Servicing Ratio (TDSR) framework. This move comes after feedback from borrowers who face challenges refinancing loans for owner-occupied properties which were bought before the introduction of the TDSR rules. Borrowers with more than one property loan are now exempt from meeting the TDSR threshold of […]
Continue readingNew Marine Blue Condo at Former Marine Point Site May Launch Soon
Update: Please see the main Marine Blue page. Do you remember this condo building located along Marine Parade Road, opposite Parkway Parade? It has since been torn down in preparation for the new condo that will be built on the site. Three years ago in 2011, CapitaLand acquired Marine Point condo for $100.68 million through […]
Continue readingChangi Airport’s Project Jewel
Singapore’s Changi Airport will soon have a new “Jewel”, an iconic mixed-use complex designed by the man behind the Marina Bay Sands. World-renowned Canadian architect Moshe Safdie will lead a team to design a “stunning glass and steel facade that presents an impressive view of the complex – from both Airport Boulevard and the sky”, […]
Continue readingChangi Business Park Poised to Become CBD of the East
Changi Business Park is poised to become the CBD of the East in Singapore, according to today’s Business Times report. A new building, One@Changi City, has just been completed as part of the $50 million mixed-use development called Changi City within Changi Business Park. One@Changi City is a nine storey office building catering to financial […]
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