Singapore Property and Real Estate News Portal

LTA awards site for integrated bus interchange at Serangoon Central Two integrated public transport hubs are currently being built at Boon Lay and Clementi (above) and are scheduled to be completed by 2009 and 2011 respectively. – ST PHOTO: TERENCE TAN THE Land Transport Authority (LTA) has awarded the white site at Serangoon Central to [...]

Home, retail, office rental growth to ease Housing rentals to rise 5-15% year-on-year in 2008: Knight Frank By UMA SHANKARI PRIVATE housing rents are expected to grow at a slower pace this year than last year, Knight Frank said in a report yesterday. Downward pressure: Knight Frank predicts that landlords could face stronger resistance from [...]

Rising tide of foreigners snapping up S’pore property S’poreans buying more private homes but their share is still falling as foreigners outpace them By KALPANA RASHIWALA (SINGAPORE) Take a walk down some of the poshest parts of Singapore and your eyes will confirm precisely what the numbers say. With its immigration-friendly policies and its growing [...]

Retail rents unlikely to soften But Singapore’s retail operators finding it tough to sustain their businesses, writes SHERENE SNG SHOPPING seems to be in the psyche of every Singaporean but how will the dynamics in the retail sector – rising rents in particular – reshape our favourite pastime? First, let’s look at the current situation, [...]

Office rents could peak this year Tenant resistance will ease pace of rental growth, and office take-up may slow over 5 years, writes MORAY ARMSTRONG IT WAS a year of new records for the Singapore office market in 2007. Rents were driven to new highs in terms of growth rates – prime rents surged a [...]

Shophouses star at auctions By GRACE NG IT was a stellar year for the Singapore property market in 2007, and auction activity, a barometer of market confidence, did well in tandem. Auction sales hit a record $407.43 million in 2007, the highest in eight years and a shade below the figure achieved in 1999 when [...]