Singapore Property and Real Estate News Portal

Economic slowdown seen putting brakes on energy efficiency drive here GREEN development in the building space is likely to take a backseat among some organisations given the economic slowdown because the benefits are not tangible in the short-term, a building consultant said. This is despite it being the ‘most ideal time’ to invest in green [...]

Prices have been slashed by half at Luma, a 75-unit freehold luxury condominium at River Valley Grove. Relaunching this weekend, units at Luma are being offered at $1,450 per square foot, down almost 50 per cent from $2,800 psf when it was first launched last year. About 10 units had been sold, mainly in Dubai [...]

Property risks back in spotlight Developers with overseas exposure stay upbeat amid downturn. By Uma Shankari Business Times Singapore THE property business has come full circle for listed developers here. A few years ago, with land prices on the upswing and intensifying competition in Singapore, many property companies ventured overseas into untapped markets in search of [...]

Malay Village area set for a revamp under URA Draft Masterplan 2008 By Imelda Saad, Channel NewsAsia | Posted: 26 May 2008 2007 hrs SINGAPORE: National Development Minister Mah Bow Tan has unveiled some features of the Malay Village facelift under the URA Draft Master Plan 2008. In outlining future plans for the Paya Lebar [...]

Asian stocks slide on renewed credit crisis, inflation worries Posted: 03 June 2008 1901 hrs HONG KONG : Asian stocks slid Tuesday due to fears that high inflation threatened economic growth and following a Wall Street tumble triggered by renewed concerns about the global financial crisis. Japanese shares ended 1.6 percent lower as concerns about [...]

Sim Lian Land puts in top bid of S$52m for Simei Road site Posted: 03 June 2008 1938 hrs SINGAPORE : Only two bids were received in the tender for a residential site at Simei Road, which is being launched under HDB’s Design, Build and Sell Scheme. Property developer Sim Lian Land put in the [...]

Singapore Poly students submit ideas to remake Punggol Town By Chio Su-Mei, Channel NewsAsia | Posted: 03 June 2008 1733 hrs SINGAPORE: The Housing Development Board (HDB) is tapping on the minds of Singapore Polytechnic (SP) students, to remake Punggol Town. The call for ideas is also extended to the general public.www.hdb.gov.sg. Gabriel Seah, a [...]

Singapore more prepared for infectious disease outbreak By Hasnita A Majid, Channel NewsAsia | Posted: 31 May 2008 1906 hrs SINGAPORE: Singapore was declared SARS-free five years ago. Learning from that episode, the country is now more prepared to face an infectious disease outbreak. Dr Dessmon Tai was in charge of the Intensive Care Unit [...]

Govt to roll out more initiatives to bring innovation to the marketplace By Imelda Saad, Channel NewsAsia | Posted: 31 May 2008 2117 hrs SINGAPORE: Expect more initiatives to be rolled out this year to help researchers in Singapore transfer their ideas from paper to marketplace. Finance Minister Tharman Shanmugaratnam hinted at this when he [...]

Houses at Cornwall Gardens Road monitored for cracks By Lynda Hong, Channel NewsAsia | Posted: 30 May 2008 1733 hrs SINGAPORE : Channel NewsAsia understands that the Land Transport Authority (LTA) is monitoring some cracks in the houses at Cornwall Gardens Road, where there was a big cave-in last week. Contractors are doing minor works [...]