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Singapore Property Market News

Singapore Property Market

  • Two Airbnb hosts to plead guilty to illegal home-sharing
    The lawyer of two Airbnb hosts who were charged in Singapore with unauthorised short-term letting expects both men to plead guilty in February, reported Reuters. Court documents show that the two men – 34-year old Yao Song Liang and 35-year old Terence Tan En Wei – faces four charges under ... read more
    Source: Singapore Property Market NewsPublished on 2018-01-17
  • Balmoral Gardens launched for en bloc sale, owners expect over $92m
    Balmoral Gardens, a 40-unit freehold condominium near Orchard Road, has joined the collective sales frenzy today (17 January), with owners expecting offers of more than $92 million. According to sole marketing agent Huttons Asia, all residents have agreed to the en bloc sale. “With full consensus from the owners, an ... read more
    Source: Singapore Property Market NewsPublished on 2018-01-17
  • Singapore falls to 8th most expensive place in Asia to rent mid-market homes
    Singapore has continued to slip down the list of the most expensive location for rental accommodation in Asia as it settled in the eighth place, down one notch from last year, revealed a survey by ECA International. Notably, the city-state was ranked fourth in 2016. Lee Quane, ECA International’s regional ... read more
    Source: Singapore Property Market NewsPublished on 2018-01-17
  • Private home sales hit 4-year high in 2017
    Home sales in Singapore surged to 10,682 units for the whole of 2017. Private home sales in Singapore surged 34 percent to 10,682 units for the whole of 2017 compared to 7,972 units during the previous year, according to initial estimates from the Urban Redevelopment Authority (URA). As a result, ... read more
    Source: Singapore Property Market NewsPublished on 2018-01-16
  • Dunearn Gardens up for en bloc sale
    The freehold site is located close to Newton MRT station. (Photo: Knight Frank) Dunearn Gardens, a freehold high-rise residential redevelopment site off Newton Road, has been put up for en bloc sale, with the owners expecting offers above their reserve price of $488.8 million, revealed marketing agent Knight Frank Singapore. ... read more
    Source: Singapore Property Market NewsPublished on 2018-01-16

Overseas Property Market

  • Keppel Land in JV for two condominium projects in Bangkok
    Keppel Land has entered into a conditional joint venture agreement with Thai property developer KPN LAND Co., Ltd (KPN LAND) to acquire two prime sites in Bangkok for a total amount of 2.2 billion baht (S$90.6 million). The partners, which intend to develop two premium freehold condominium projects on the ... read more
    Source: Overseas Property Market NewsPublished on 2017-11-24
  • Investors looking beyond Tokyo
    The Nakanoshima district in Osaka city, Japan. Overseas investors are shifting their attention to Japan’s regional cities such as Osaka for better opportunities.  By Michelle Yee While the city of Osaka is often overshadowed by Tokyo when it comes to tourism, Japan’s third-biggest city is rapidly emerging as an attractive ... read more
    Source: Overseas Property Market NewsPublished on 2017-11-23
  • Capitalise on growth in Thailand’s property market
    Guest speaker Sigrid G. Zialcita explaining the effects of One Belt One Road on Thailand’s property market. Highlights of the recent Bangkok Property Show included discussions on the One Belt, One Road initiative as well as foreign ownership policies, property leasing and taxation in Thailand. By Mindy Chong ... read more
    Source: Overseas Property Market NewsPublished on 2017-11-23
  • Johor Sultan agrees to RTS Link’s revised design
    The Johor-Singapore Causeway serves as a road and rail link between the two countries. The land transport authority of Malaysia revealed that Johor’s Sultan Ibrahim Sultan Iskandar has agreed to the revised design of the Rapid Transit System (RTS) rail track linking Johor Baru with Singapore’s Woodlands, reported Channel ... read more
    Source: Overseas Property Market NewsPublished on 2017-11-20
  • CapitaLand acquires $247mil residential project in Vietnam
    Strategically located in the heart of Thao Dien, d’Edge is at the epicentre of an ultimate metropolitan lifestyle befitting a global standard. (Photo: CapitaLand) Singapore-listed CapitaLand has invested $53.5 million to acquire a 1.45ha site in Ho Chi Minh City, Vietnam, where it intends to build an 870-unit residential project ... read more
    Source: Overseas Property Market NewsPublished on 2017-11-16