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Developers who are looking to replenish their land banks will be doing so with caution as the government hikes the development charge rates for residential use.  We are already aware that the two new recent land bids will set a record selling price in the Outside Central Region (OCR) of Singapore when they launch next […]

HDB BTO Kovan-Wellspring HDB launched 4,989 flats for sale under the August 2021 BTO Exercise. The flats on offer are spread across seven projects in Hougang, Jurong East, Kallang Whampoa, Queenstown and Tampines. F Table 1: Flat Prices in August 2021 BTO Exercise Town Project Flat Type Transacted Prices of Resale Flats Nearby # Selling

GuocoLand was awarded the 99-year leasehold site at Lentor Central with a bid of $784.1 million ($1,205 psf per plot ratio). With an expected launch price of more than $2,000 psf, the property group announced that it will be developing the site into a mixed-use development with three 25-storey towers of 600 residential units, with

98 Binjai Park This property transacted at $36 million, which translates into a land rate of $1,318 psf. According to a property title search, the buyers of the GCB at Binjai Park is Ng Siew Moi, a director of Inter-Continental Oils & Fats (ICOF), a merchandiser and distributor of sustainable palm oil and palm oil

UOL has launched a new project in Canberra Drive, 448-unit The Watergardens at Canberra from $1,380 per square foot (psf).   A two bedroom unit will start from below $920,000; a three bedroom unit below $1.3 million; and a four bedroom unit from below $1.8 million. Balloting for units will take place on July 31.

Credit: Mothership At least five neighbours in Compassvale Crescent in Sengkang have called the police more than 50 times on one particular unit for subjecting many of the residents in the same block to loud banging noises day and night. The block in question is Block 295B in Compassvale Crescent in Sengkang. Despite getting the

Credit: ChannelNewsAsia SINGAPORE: A woman accused of harassment after she repeatedly poured soapy water from her unit into her neighbour’s told the court on Friday (Jul 9) that she was simply cleaning her neighbour’s dirty roof. Lee Soh Geok is contesting three charges, under the Protection from Harassment Act, of harassing her neighbour Helen Lim Hai

Credit: ChannelNewsAsia SINGAPORE: After seven years in Singapore, Ms Ngo was excited to take on new opportunities in Canada, along with her husband and baby.  But issues with their landlord arose when they ended their two-year lease for a rental flat in Singapore. Out of their S$3,600 two-month deposit, their landlord withheld about S$2,000 for damage to

The Singapore property market is not overheated right now, according to Ravi Menon, managing director of the Monetary Authority of Singapore.  “Because if it’s overheated, we have not done our job well,” he says at a June 30 media briefing in conjunction with the release of the central bank’s 2020/21 annual report. According to Menon, the property