A proposed plan for a new residential estate adjacent to the Tampines Expressway (TPE) in Fernvale North, Sengkang, suggests the potential construction of approximately 10,000 homes. The Urban Redevelopment Authority (URA) is in the process of preparing an 18.9-hectare site bordered by Jalan Kayu, Fernvale Street, the TPE, and the upcoming Sengkang West Drive for […]
More homes may soon grace the landscape of Media Circle, as hinted by an update from the Urban Redevelopment Authority (URA) on Friday (May 3). A plot of land across from Infinite Studios in one-north, previously designated for business park use, is now proposed for residential with commercial space on the ground floor. Similarly, parcels […]
Resale condominium prices inched up by 0.4% in March, marking a rebound from February’s seasonal slowdown, as reported by real estate portals Singapore Real Estate Exchange and 99.co on April 25. This increase, slightly higher than February’s 0.2%, reflects a gradual recovery in the market. Analysts attribute this modest price growth to a disparity in […]
The Hill @ One-North experienced a modest uptake, with approximately one-third, or 43 units, sold on the initial booking day. Described as one of the lowest take-up rates for the first weekend of a launch among major private residential projects in 2024, the units were sold at an average price of around $2,595 per square […]
The Urban Redevelopment Authority (URA) has put up a site in Zion Road for sale from its reserve list after receiving an application committing to a bid not less than approximately $604.6 million. This move follows the recent sale of a larger neighboring site in Zion Road to a City Developments Limited-Mitsui Fudosan joint venture […]
Resale volumes and prices in the condominium market saw a modest improvement in February, albeit against the backdrop of the Chinese New Year holiday season, according to flash data from SRX and 99.co released on Tuesday (Mar 26). Resale volumes saw a slight uptick of 1.2 per cent month-on-month, with 760 units resold after a […]
A consortium consisting of CapitaLand Development, City Developments, Frasers Property, Mitsubishi Estate, and Mitsui Fudosan (Asia) has submitted two bids, each with different concept proposals, for the master-developer site located in Jurong Lake District (JLD). Comprising a 25 per cent stake from each of the first three parties and a 12.5 per cent stake from […]
Lentor Mansion Achieves 75% Sales Over Launch Weekend GuocoLand’s latest luxury residential project, Lentor Mansion, saw impressive sales figures during its launch weekend, with 75% of its 533 units snapped up. Over the course of March 15 and 16, the developer sold 400 units, ranging from $2,104 to $2,478 per square foot (psf), including VIP […]
Private-sector economists have slightly revised their projections for Singapore’s economic growth in 2024, while also adjusting their expectations for inflation downward, according to the latest quarterly survey released by the Monetary Authority of Singapore (MAS) on Wednesday (Mar 13). The survey indicates a median forecast of 2.4% growth for 2024, a marginal increase from the […]
Two leasehold private residential sites in River Valley Green were released for sale on March 11 as part of the first-half 2024 Government Land Sales (GLS) programme in Singapore. The sites, known as River Valley Green Parcel A and Parcel B, can yield approximately 960 private homes, including long-stay serviced apartments. River Valley Green Parcel A, […]
