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  • Source Straits Times Created
    Tuesday, 30 June 2015

    14 industrial sites to be launched for second half of 2015

    SINGAPORE - A total of 14 sites were released under the Industrial Government Land Sales (IGLS) programme for the second half of this year.

    The Ministry of Trade and Industry (MTI) said in a statement on Monday that the 14 sites - comprising 10 in the confirmed list and four in the reserve list - will total 14.3 hectares.

    Sites in the confirmed list are launched according to schedule, regardless of demand, while those in the reserve list are launched for tender only upon successful application by a developer.

    Categories Latest | Industrial
  • Source Straits Times Created
    Tuesday, 30 June 2015

    URA launches for sale second commercial site at Woodlands Regional Centre

    SINGAPORE - The Urban Redevelopment Authority (URA) announced on Tuesday the release of a second commercial site at Woodlands Regional Centre, which is available for sale under the reserve list of the first-half 2015 Government Land Sales programme.

    The proposed development on the 99-year leasehold parcel must adhere to the vision of Woodlands Central as an office and retail hub.

    As such, at least 47,009 square metres, or about 60 per cent of the maximum gross floor area of 78,347sqm will be for office space. Up to 8,000sqm of GFA can be set aside for retail as well as food and beverage uses, and a minimum 1,000sqm for a childcare centre.

    Categories Latest | Commercial
  • Source Straits Times Created
    Tuesday, 30 June 2015

    URA calls for study to make Kallang connector a seamless cycling route to town

    SINGAPORE - Riding a bicycle from the Bishan-Ang Mo Kio Park to Gardens by the Bay and then the Central Business District (CBD) - without dismounting - could be a reality in future.

    The Urban Redevelopment Authority (URA) wants to make the 10km-long Kallang Park Connector, which starts in Bishan and runs along the Kallang River, a seamless cycyling route.

    On Tuesday it called for consultants to come forward to find ways around seven obstacles that now prevent a seamless ride.

    Categories Latest
    Tags Kallang, ura
  • Source TODAYonline Created
    Tuesday, 30 June 2015

    Bukit Panjang Integrated Transport Hub to open in 2017

    SINGAPORE — The Bukit Panjang Integrated Transport Hub (ITH), originally slated to open in 2015, will now open in 2017, the Land Transport Authority (LTA) announced today (Jun 27).

    LTA first announced plans for a new ITH in Bukit Panjang in 2012. At the time, LTA said the ITH would be ready come 2015.

    Categories Latest
  • Source Yahoo Singapore Created
    Tuesday, 30 June 2015

    CapitaLand still positive on Iskandar

    Despite the threat of an oversupply of homes in Iskandar Malaysia, property heavyweight CapitaLand remains optimistic about the potential of the region.

    The Singapore-based developer is moving forward with plans to build a premier waterfront residential community on A2 Island in Danga Bay, comprising high-rise apartments, landed homes and other supporting amenities.

    A statement released by the company said, CapitaLand takes a long-term view of this project and is confident of the long-term prospects of Iskandar Malaysia. The development will be paced and executed in phases over a period of 10 to 12 years according to market conditions, as originally envisaged.

    Categories Latest | Companies
  • Source Yahoo Singapore Created
    Thursday, 25 June 2015

    Global demand for luxury homes

    Ultra wealthy individuals are buying up luxury homes around the world to diversify their holdings, according to a new report by Wealth-X and Sothebys International Realty.

    The joint report, Europe, Middle East and Africa Luxury Residential Real Estate Report For 2015, provides insight into the EMEA regions luxury residential real estate market, and identifies purchasing and investment opportunities for ultra-high-net-worth (UHNW) individuals looking to diversify their holdings.

    The report showed that the UHNW Residential Real Estate index, tracked by Wealth-X, hit a new record high of 112.1 in the first quarter of 2015, up nearly 4 percent from the fourth quarter of 2014, and 7 percent from the first quarter of 2014. This highlights the strength of the global luxury real estate sector on the back of demand from UHNW individuals.

    Categories Latest | Global Market
  • Source Yahoo Singapore Created
    Thursday, 25 June 2015

    UK house prices still rising

    Tight housing supply saw average house prices in the United Kingdom in the three months to May 2015 rise by 2 percent compared with the preceding three months, according to the latest Halifax House Price Index.

    Martin Ellis, Housing Economist, said: Annual house price growth rose marginally from 8.5 percent in April to 8.6 percent in May, and continued to be in the narrow range of between 8 and 9 percent where it has been throughout 2015 so far.

    Housing supply remains extremely tight with the stock of properties available for sale currently at its lowest level for many years. At the same time, ongoing economic recovery, increasing employment, real earnings growth and very low mortgage rates are all supporting housing demand.

    Categories Latest | Global Market
  • Source Yahoo Singapore Created
    Thursday, 25 June 2015

    Americans look to the Philippines

    The Philippines ranked inside the top 15 countries attracting the interest of American overseas property buyers in the year ending March 2015, according to research from the 2015 Profile of HomeBuying Activity of International Clients produced by the National Association of Realtors.

    The country was responsible for more than 2 percent of all overseas buying interest and was placed alongside Jamaica, Germany, France and Brail. It was also Southeast Asias only representative in the top 15 most-enquired countries.

    Although the survey focused mostly on the purchase of U.S. properties by foreign buyers, a few of the questions addressed the experience of U.S. residents purchasing properties in other countries.

    Categories Latest | Global Market
  • Source Yahoo Singapore Created
    Thursday, 25 June 2015

    The One to watch in Bangkok

    Many developers claim to have the best project in the best location in town. In truth, only a buyer or investor can know if those claims are true.

    One, and I use that word on purpose, developer with a very strong claim to both accolades is SC Asset with its Saladaeng One project.

    With the concept One, because nothing counts before it comes is certainly a bold statement to live up to, but judging from the relaxing monochrome tones on display in the showroom, its one thats perfectly apt for this Bangkok project. Every inch matters is another mantra that this project really lives up to.

    Categories Latest | Global Market
  • Source Yahoo Singapore Created
    Thursday, 25 June 2015

    Botanique at Bartley emerges top performer in subdued property market

    Special Advertising Feature

    Project sees strong traction with nearly 50 percent of the 797-unit project sold after second month of launch.

    Despite the dull market outlook caused by continued enforcement of cooling measures by the government amid a tightened credit environment, private residential properties in the Outside Central Region (OCR) continued to see buying interest in May.

    Categories Latest | Private Homes
  • Source Channel Newsasia Created
    Thursday, 25 June 2015

    Ascott REIT acquires 7 assets in Australia, Japan for S$298.3m

    SINGAPORE: Ascott Residence Trust (Ascott REIT) on Thursday (Jun 25) announced it will acquire seven property assets in Australia and Japan for S$298.3 million.

    SINGAPORE: Ascott Residence Trust (Ascott REIT) on Thursday (Jun 25) announced it will acquire seven property assets in Australia and Japan for S$298.3 million.

    Categories Latest | Companies
  • Source Channel Newsasia Created
    Thursday, 25 June 2015

    Heng to lead taskforce to look into complaints over Centrale 8 DBSS estate

    SINGAPORE: Education Minister Heng Swee Keat will oversee a special taskforce formed to look into the complaints of residents living in the Centrale 8 Design, Build and Sell Scheme (DBSS) estate in Tampines.

    SINGAPORE: Education Minister Heng Swee Keat will oversee a special taskforce formed to look into the complaints of residents living in the Centrale 8 Design, Build and Sell Scheme (DBSS) estate in Tampines.

    Categories Latest | HDB Homes
    Tags DBSS
  • Source Channel Newsasia Created
    Thursday, 25 June 2015

    Higher income ceiling likely to have minimal impact on property market: Analysts

    SINGAPORE: A higher income ceiling for Build-to-Order (BTO) flats and executive condominiums (ECs) is likely to have minimal impact on the HDB resale and private property market, according to market watchers.

    SINGAPORE: A higher income ceiling for Build-to-Order (BTO) flats and executive condominiums (ECs) is likely to have minimal impact on the HDB resale and private property market, according to market watchers.

    Categories Latest | HDB Homes

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