Property News – September 2021
30th September 2021
Marina View site awarded to IOI Properties for $1.508b. Unit of Malaysian developer is sole bidder for white site released under GLS programme …… full article here.
*Source from Straits Times
29th September 2021
Two land parcels at one-north’s Slim Barracks Rise fetch 10 bids each. Properties are part of efforts to inject more residential spaces in one-north estate …… full article here.
*Source from Business Times
28th September 2021
Minimum CPF interest rate valid till end-2022 …… full article here.
*Source from Straits Times
22nd September 2021
More GLS coming up for sale. 6 new gls site at Jalan Tembusu, Dairy Farm Walk, Slim Barracks Rise, Lentor Hills and a Bukit Batok EC site will draw attract strong bid fro developers, due to strong demand for private homes …… full article here.
*Source from Zao Bao
IOI Properties’ S$1.508b sole bid for Marina plot surprises market …… full article here.
*Source from Business Times
21st September 2021
Prime HDB flats lottery effect enabling HDB owners to profit from asset appreciation alongside the smaller segment of private property owners appears fair and equitable. Plans to build public housing at the Greater Southern Waterfront has thrown up thorny questions …… full article here.
*Source from Business Times
19th September 2021
Luxury properties in Singapore selling like hot cakes …… full article here.
*Source from Sunday Times
17th September 2021
The dollars and sense of community spaces in mixed-use projects. Cost of community, green spaces partly ‘paid’ by state through lower land cost. Buyers, tenants also inclined to pay more for ammenities …… full article here.
*Source from Business Times
Old Bukit Timah Fire Station to be hub for community. It will open next year and integrate urban farming, wellness and nature-based activities …… full article here.
*Source from Straits Times
16th September 2021
Rental demand for HDB, condo units up as Covid-19 curbs ease …… full article here.
*Source from Straits Times
Homes within integrated developments retain their popularity. Despite some threats, such residential properties will continue to appeal to both owner-occupiers and investors in the years ahead …… full article here.
*Source from Business Times
Dwindling options for EC buyers in H2 2021, 2022. Demand for this housing segment has been robust; moving forward, just one EC launch may take pace every six months …… full article here.
*Source from Business Times
Is the double-digit growth of HDB resale flat prices sustainable? …… full article here.
*Source from Business Times
Singapore property investment sales could return to pre-Covid levels. Should all the likely deals materialise, and coupled with the expected robust demand for shophouses, GCBs and high-end apartments, there is potential for sales this year to inch closer to the pre-pandemic annual average of S$31b in 2010-2019 …… full article here.
*Source from Business Times
15th September 2021
Buyers unfazed by Hungry Ghost month as condo resale volume, prices rise …… full article here.
*Source from Business Times
14th September 2021
HDB to automate checks on applications for grants. It has moved to recover money disbursed wrongly to 12 who didn’t declare material info …… full article here.
*Source from Straits Times
Frassers’ Parc Greenwich EC sells 65% of units on launch weekend. Prices started from S$895,000 for two-bedroom units, S$1.05m for the three-bedroom units, S$1.12m for the three-bedroom-plus-study units, S$1.38m for the four-bedroom and S$1.7m for the five-bedroom units …… full article here.
*Source from Business Times
11th September 2021
P1 registration revamp may drive up some home prices. Property players expect higher sale prices and rental rates for residences near popular schools …… full article here.
*Source from Business Times
10th September 2021
The new urban sanctuary is no longer just a roof over your head, you future home is one thata combines wellness, work and community living. The top first photo is the beautiful Jervois Mansion. Preview coming soon! …… full article here.
*Source from Business Times
HDB resale prices rise in August to just 0.1% below peak; record high of 26 million-dollar flats sold. September prices are likely to hit a record high as strong demand continues to outstrip flat supply …… full article here.
*Source from Business Times
Construction firms to get help to adopt robotics, automation solutions. Under the Integrated Robotics and Automation Solutions initiative for the build environment sector, small and medium-sized enterprises and larger firms can get up to 80% funding support for qualifying costs of adopting robotics and automation solutions …… full article here.
*Source from Business Times
10th September 2021
Freehold’s premium may provide clue on valuing infrastructure spend. Buyers are willing to pay a premium of 15-20 per cent for freehold tenures over a 99-year leasehold condominium …… full article here.
*Source from Business Times
1st September 2021
Higher development charge rates for residential use. But rates for commercial use are lowered for third consecutive time …… full article here.
*Source from Business Times
