The Urban Redevelopment Authority (URA) of Singapore recently put up a residential site in Orchard Boulevard for sale, attracting attention from market observers. The soft market sentiment is expected to make developers cautious and restrained in their bids for the property. While most analysts believe the top bid will fall in the range of S$1,378 […]
The storied legacy of the century-old St. Andrew’s Mission Hospital in Tanjong Pagar is set to embark on an exciting new chapter as it undergoes a transformation into a dynamic creative lifestyle space. This visionary initiative is spearheaded by the Singapore Land Authority (SLA), which has invited tenders for the development of a community-centric space […]
The Urban Redevelopment Authority (URA) has unveiled several proposals for its upcoming 2025 Draft Masterplan, which will guide Singapore’s land use and development plans for the next 10 to 15 years. Among the key proposals are: Centralized Housing: Plans include the development of a diverse mix of public and private housing in more central locations, […]
In the fourth quarter of 2023, more than 10 private residential projects are poised to launch, offering over 3,500 housing units. Despite a decrease in homebuyer interest and persistent high financing and land costs due to cooling measures in the real estate market, industry analysts anticipate that prices will remain stable. Among these launches, five […]
NS Square Floating Platform from WOHA on Vimeo. Construction work for NS Square, to be developed at the Marina Bay floating platform site, is scheduled to commence in the third quarter of 2023, with an anticipated completion date of 2027. Expand Construction has been awarded the construction tender for the redevelopment of The Float @ […]
In July 2023, Housing Board (HDB) flat rents increased by 2%, marking the 37th consecutive month of rent hikes, following a 1.4% increase in June. Overall, HDB rents have risen by 24.1% between July 2022 and July 2023, based on data from real estate portals 99.co and Singapore Real Estate Exchange (SRX). Similarly, condominium rents […]
During its Phase One sales launch, TMW MAXWELL, a mixed-use development project by CEL Development, Singhaiyi Investments, and Chuan Investments, managed to sell only seven out of the 324 units available. These units were sold at prices ranging from S$1.5 million to S$2.47 million, translating to a price per square foot (psf) range of S$3,143 […]
TMW Maxwell, a mixed-use development located at 20 Maxwell Road, will commence its preview on Saturday, July 29. The project, jointly developed by CEL Development, SingHaiyi Investments, and Hong Kong-listed Chuan Investments, offers units with prices starting from S$3,000 per square foot (psf). The development, sitting on the former site of Maxwell House, a 13-storey […]
BCA introduced a new CONQUAS banding system on 25th May 2023 to help private homebuyers make informed choices prior to their purchase and these information will be made available on BCA’s Quality Housing Portal (QHP). Under the new CONQUAS banding system, developers and builders will be assigned a rating from Band 1 (very low incidence […]
In April, there was a significant surge in new private home sales, reaching a seven-month high. This boost was primarily driven by the strong demand for two major projects located on the outskirts of the city. Interestingly, one of these projects was launched just days after unexpected property cooling measures were implemented on April 27. […]
