The Business Times | 27 June 2013

[SINGAPORE] Hong Leong Holdings yesterday announced that it would be launching a freehold condominium this weekend. One Balmoral, as it has been named, is along Balmoral Road, just off Stevens Road and in the high-end residential area of District 10.

The 91-unit project will consist of 11 one-bedroom units, 35 two-bedroom units, 32 three-bedroom units and 13 four-bedroom units. The size of the units ranges from 592 square feet for the one-bedders to 1,657 sq ft for the four-bedders. Prices start at $1.5 million.

The Business Times | 27 June 2013

[SINGAPORE] Hillview House, an industrial building on a freehold residential site, was yesterday launched for sale by tender by sole marketing agent DTZ Debenham Tie Leung (SEA) Pte Ltd.

The site, at 1 Jalan Remaja, measures 43,557 sq ft and has a gross plot ratio of 1.92.

DTZ estimates that it can be developed into a 10-storey condominium development with 110 units, assuming an average apartment size of 70 sq m.

The Business Times | 27 June 2013

[SINGAPORE] JTC Corporation has launched four sites in Tuas South for sale by public tender, in a move aimed at catering to demand from industrialists.

Of the sites released under the Industrial Government Land Sales (IGLS) programme yesterday, three are on Tuas South Street 10 and one on Tuas South Avenue 3.

All are zoned for Business-2 development.

www.propertyguru.com.sg | 24 June 2013

Freehold condominium Three 11 (pictured) in Upper Thomson Road sold half of its units in two hours after its launch, according to media reports.

Knight Frank, the project's sole marketing agent, revealed that 33 of the 65 units were sold mostly to Singaporean buyers who accounted for 80 percent of the crowd, while the rest were foreigners and permanent residents.

www.propertyguru.com.sg | 21 June 2013

Singapore's property developers are closely monitoring the haze situation that has seen the city-state blanketed in smoke from forest fires in Indonesia for much of the week.

The Pollutant Standards Index (PSI) reached a record high of 401 at noon on Friday lunchtime – putting air quality in the city-state will into the "hazardous" range.

Chng Kiong Huat, Executive Director, Property Services, Far East 

www.propertyguru.com.sg | 20 June 2013

Preliminary figures from Savills reveal that investment sales of properties valued at S$10 million and above dropped 10 percent to S$4.5 billion in Q2. The final figures are expected to range between S$4.9 billion and S$5 billion.

This is lower than Q1 sales of S$5.6 billion, which was a significant drop from S$8.3 billion in Q4 2012 and S$9.4 billion in Q3 2012.

However, it has to be noted that Q2 2012 was a high base, with large 

The Business Times | 17 June 2013

THE Housing & Development Board (HDB) and Urban Redevelopment Authority (URA) will be releasing three residential sites and two commercial and residential sites for sale in June 2013 under the Government Land Sales Programme (GLS) for the first half of 2013.

Together, these five sites can yield about 3,600 residential units. Two executive condominium sites at Punggol Drive and Yuan Ching Road are being launched for sale on June 17 under the confirmed list.

The Business Times | 13 June 2013

[SINGAPORE] South-east Asia may offer new and potentially lucrative investment property options for Singapore investors, but market watchers are calling for a clear mind when venturing into these new grounds.

Excluding the interest in the already-buoyant Malaysian property market, industry players The Business Times spoke to have observed that Singaporeans are looking to the region for investment properties; overseas developers are targeting Singapore buyers as well.

www.propertyguru.com.sg | 12 June 2013

J Gateway (pictured), an upcoming condo in Jurong East, is expected to sell units for as much as S$1,600 psf — a price that will test buyer demand for suburban homes, according to analysts.

Developed by MCL Land, the 738-unit project is expected to sell a 474sq ft one-bedroom unit for as high as S$1,650 psf while a 1,163sq ft four- bedder could go for S$1,450 psf on average, said marketing agent Huttons.

The Business Times | 4 June 2013

THE freeze in the Good Class Bungalow (GCB) market appears to be thawing, with a few sizeable transactions done lately.

Simon Cheong, the boss of high-end developer SC Global, is selling his home in Cornwall Gardens for $42.5 million. This works out to $2,051 per square foot (psf) based on the land area of 20,719 square feet. On the elevated site is the luxurious bungalow that Mr Cheong developed and which is understood to have five bedrooms (including a sprawling master