Singapore Property and Real Estate News Portal

MAS expects S’pore inflation to cool to 4% in second half Posted: 29 April 2008 1228 hrs SINGAPORE – The Monetary Authority of Singapore (MAS) has said it expects inflation, now at a 26-year high of 6.7 percent, to cool to an average 4 percent in the second half of this year. Singapore’s central bank [...]

URA releases two residential sites for sale By Wong Siew Ying, Channel NewsAsia | Posted: 29 April 2008 1945 hrs SINGAPORE : The Urban Redevelopment Authority (URA) has launched a residential site at Woodleigh Close for sale by public tender. At 1.08 hectare, market watchers said about 260-290 apartment units can be built on the [...]

CCT decides to defer redevelopment of Market Street carpark By Wong Siew Ying, Channel NewsAsia | Posted: 29 April 2008 2130 hrs SINGAPORE: CapitaCommercial Trust (CCT) has decided to defer the planned redevelopment of the Market Street car park. In January 2008, CCT was granted an outline planning permission by urban planners to redevelop the [...]

JTC achieves record occupancy level for ready-built facilities in Q1 By Wong Siew Ying, Channel NewsAsia | Posted: 29 April 2008 2146 hrs SINGAPORE : JTC has achieved a record occupancy level for its ready-built facilities in the first quarter of 2008. Net allocation was 38,400 square metres, six-fold higher than the same period last [...]

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HDB to launch executive condominium site at Sengkang By Wong Siew Ying, Channel NewsAsia | Posted: 29 April 2008 1937 hrs SINGAPORE : The Housing and Development Board (HDB) will launch on Wednesday a land parcel at Sengkang East Avenue for executive condominium development under the Reserve List System. HDB said the 17,000 square metre [...]

Iconic hotel group aims for 30 properties worldwide by 2012 By Teo Xuanwei, TODAY | Posted: 28 April 2008 0959 hrs SINGAPORE: When it was bought over by American owners in 2005, controversy erupted: How could you sell what was a historical icon and quintessentially Singaporean brand name, asked some. Today, the Raffles Hotel brand [...]

A hospital in Bukit Batok? By Sheralyn Tay, TODAY | Posted: 28 April 2008 1120 hrs SINGAPORE: The day could come when the northern part of Singapore is served by three hospitals and not just the upcoming Khoo Teck Puat hospital in Yishun. Hinting at this on Sunday at a community dialogue, Health Minister Khaw [...]

New Contact Singapore launched to widen search for global talent Posted: 28 April 2008 1919 hrs SINGAPORE: Singapore is strengthening its efforts to attract global talent to invest and live here. At the same time, it is looking at getting overseas Singaporeans to return home for work. For this, Contact Singapore has been refreshed and [...]

CapitaLand completes compulsory acquisition of Ascott By Wong Siew Ying, Channel NewsAsia | Posted: 28 April 2008 2053 hrs SINGAPORE: Property developer CapitaLand has completed the compulsory acquisition of the Ascott Group, a serviced-apartments operator. From 28 April, Ascott becomes an indirect wholly-owned subsidiary of the company. It will be delisted from the Singapore Exchange [...]