SINGAPORE: The Housing and Development Board (HDB) has stressed as Singapore gets more densely built up, good landscape design will be even more critical.
To raise industry standards and inspire more creative landscaping, the HDB has launched a guide setting out standards and principles for landscape design in public housing developments.
Smaller developers are teaming up as consortiums to leverage on each other's resources when bidding for sites amid stiff market competition, said media reports.According to Donald Han, Managing Director at property consultancy Chestern Singapore, smaller players need to raise more funds "unlike bigger listed developers who have access to a myriad of financing facilities and sources of funds".
For instance, the recent tender for an executive condominium (EC) site in Yuan Ching Road recorded a top bid of S$418 psf ppr, submitted by a consortium comprising Evia Real Estate, CNH Investment, BBR Development and OKP Land. In
SINGAPORE: 74 per cent of Singapore home buyers are delaying their property purchases, and 59 per cent of the respondents surveyed are confident prices will not decline.
According to a recent survey conducted by property website iProperty Group, 60 per cent of the Singapore respondents have called for additional cooling measures. This compares to 27 per cent who do not want further cooling measures.
[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.
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
[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.
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.
[SINGAPORE] City Developments Limited's (CDL) 616-unit Jewel@Buangkok drew strong sales over the weekend, with 203 of the 280 units released by the developer snapped up.
The average selling price of the apartments was about $1,150 per square foot, which includes an early-bird discount, said CDL.
Singaporeans had the lion's share of sales, making up 84 per cent of buyers. Many were young couples, PMEBs (professionals, managers,
With a surge of new homes coming on to the market, Singapore's housing sector will soon become a buyer's market as developers continue to provide attractive incentives, according to experts.
Chris Comer, CEO of Castlewood Group, the developer of Nikki Beach properties around Asia, said: "It's going to be a renters' market here for a very long time."
Singapore Property News. Do note that the news posted are representations from Singapore local sources and do not represent the views of R&R Real Estate Services. However, you are invited to comment and engage a discussion with us, should you have any views that you want to share.