Singapore Property Market
- HSR likely to be delayed, not scrapped
Malaysia’s Pakatan Harapan-led federal government plans to officially talk with its neighbour over the postponement of the Singapore-Kuala Lumpur High Speed Rail (HSR), reported Channel NewsAsia. In May, Prime Minister Mahathir Mohamad said they intended to scrap the HSR due to the country’s high debt of more than RM1 trillion ... read more - Further delay in HSR project could hurt both sides, analysts
Analysts urged Malaysia to make clear its position on the Kuala Lumpur-Singapore High-Speed Rail (HSR) project as further delay could prove to be detrimental for both countries. They believe that postponing the multi-billion-dollar project would only rack up huge costs for both countries while delaying the intended economic benefits like ... read more - Pine Tree condominium goes en bloc with $148mil tag
(Image source: SLP) Pine Tree Condominium located at the peak of Balmoral Park has joined the en bloc fray carrying a reserve price of $148 million, revealed SLP Scotia. The 50-unit development is nestled on a 3,842.50 sq m (41,276.14 sq ft) site, which is zoned residential under the 2014 ... read more - New cooling measures to impact banks’ mortgage business, says DBS
Singapore’s mortgage market is expected to soften in the long term due to the new cooling measures in the private residential market, according to the city-state’s largest bank, DBS Group Holdings. Nevertheless, the large number of homes purchased a few hours before the curbs took effect will give a temporary ... read more - HDB estates to become greener with Biophilic Town Framework
The Housing and Development Board (HDB) said on Wednesday (18 July) that its newly launched residential projects will come with more green features now that it has completed its Biophilic Town Framework. “The framework provides a strong foundation for holistic planning and design of neighbourhood landscapes. From this month, it ... read more
Overseas Property Market
- 2018 PropertyGuru Asia Property Awards (Sri Lanka) winners revealed
A total of 23 awards were given out to 13 real estate companies during the very first PropertyGuru Asia Property Awards (Sri Lanka) held last Thursday (12 July) at Shangri-La Hotel in Colombo. Prime Group clinched the coveted Best Developer award along with one commendation in the Best Mid End ... read more - Not Urgent To Notify Singapore Of High Speed Rail Decision: Mahathir
The HSR project was postponed in a bid to reduce Malaysia’s ballooning debt of more than RM1 trillion. Malaysia’s new government confirmed that it has not yet informed Singapore of its decision to postpone the Kuala Lumpur-Singapore High Speed Rail (HSR) project. In an interview with Channel NewsAsia, Prime Minister ... read more - CapitaLand Vietnam wins top award again
CapitaLand Vietnam picked up the Best Developer prize at the PropertyGuru Vietnam Property Awards 2018 for the second time consecutively. Singapore-based CapitaLand has again picked up the Best Developer prize at the PropertyGuru Vietnam Property Awards 2018 held in Ho Chi Minh City on Friday (22 June). The property ... read more - Shortlist revealed for PropertyGuru Asia Property Awards (Sri Lanka)
Group photo of the judges at the 2017 Grand Final gala in Singapore. More than a dozen companies have been shortlisted for the 2018 PropertyGuru Asia Property Awards (Sri Lanka), which will be held for the first time in Colombo on 12 July. Last year’s Best Developer winner, Blue Ocean ... read more - New Zealand: We don’t want foreign buyers — except Singaporeans?
View from the Auckland Sky Tower. mbrand85/Shutterstock Singapore nationals to be exempted from controversial law banning home sales to foreigners. By Property Report The New Zealand government has announced that Singapore will be a “carve-out” nation, granting citizens in the Southeast Asian city-state the right to buy property in ... read more