Singapore Property and Real Estate News Portal

THERE were some errors in our report, River Valley condo Luma relaunches with prices halved (BT, Nov 14).
The condominium is located at River Valley Grove and not St Thomas Walk. The number of units sold earlier was not 10, but six.
BT also understands that the developer, Novelty Group, purchased the site for around $27 [...]

Posted on November 17th, 2008 under Singapore News | . Tags: asia economy, Banking, Business times, central, city, Clarification, condo, condo for sale, Correction, developer, district 10, district 9, Economy, Financial, Fiscal Year, Growth, inflation, Investment, Investments, land sales, landed property, Luma, Markets, Monetary, new launch property, new project launch, Novelty Group, Orchard, Performance, prime district, private property, projects, property market, real estate, real estate agent, real estate investment, residential, river valley, shares, Singapore, singapore business, singapore economy, singapore growth, singapore investment, singapore news, Singapore Property, Southeast Asia, St Thomas Walk, stock market, town, world economy, world news, world trade. Comments: None

 
Dubai rental market on the rise
Concern about the credit crunch has created a movement in the Dubai property market away from sales towards rentals, according to industry experts.
More and more properties are being marketed for rent rather than being sold on. ‘Speaking to brokers, we have noticed a shift in the market. Now that more [...]

Posted on November 16th, 2008 under Singapore News | . Tags: Analyst, Appreciation, Arabtec Holding, Asia, asia economy, city, Credit Crunch, Domestic Economic Growth, Dubai, Economy, Growth, Market, Monetary, Pooja Rajani, Property Rent, real estate, Rental, Riad Kamal, Southeast Asia, stock market, town, world economy, world news, world trade. Comments: None

HONG KONG - Hong Kong is heading for a record HK$80 billion (US$10.3 billion) budget deficit for 2008/09 after offering tax concessions and handouts and as a weakening economy depresses public revenues, Deloitte forecast on Thursday.
Analysts say Hong Kong’s economy is heading for recession within the next six months, after four years of robust growth [...]

Posted on November 15th, 2008 under Singapore News | . Tags: asia economy, developer, Hong Kong, Investments, new project launch, price rise, private property, Property, property market, real estate, world economy, world news. Comments: None

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 technology because [...]

Posted on November 15th, 2008 under Singapore News | . Tags: central, city, developer, district 10, district 9, Environment, Green, Investment, new project launch, prime district, projects, Property, property market, real estate, real estate investment, residential, Singapore, singapore growth, town, world economy, world news, world trade. Comments: None

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 [...]

Posted on September 20th, 2008 under Singapore News | . Tags: real estate, Singapore Property. Comments: None

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 area in [...]

Posted on June 26th, 2008 under Real Estate News, Singapore News | . Tags: real estate, singapore news, Singapore Property. Comments: None

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 top bid [...]

Posted on June 3rd, 2008 under Real Estate News, Singapore News | . Tags: developer, real estate, real estate investment, Singapore Property. Comments: None

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 landscape and [...]

Posted on June 3rd, 2008 under Real Estate News, Singapore News | . Tags: real estate, singapore news, Singapore Property. Comments: None

Stretch of CTE between Ang Mo Kio Ave 1 and 3 to be widened
Posted: 30 May 2008 1843 hrs
SINGAPORE : The Land Transport Authority (LTA) will be widening various stretches of the Central Expressway (CTE).
This was announced by LTA when it gave details of the first stretch to be widened - the section from [...]

Posted on May 30th, 2008 under Real Estate News, Singapore News | . Tags: real estate, singapore growth, singapore news. Comments: None