The charming River Valley Apartments, nestled in the heart of Singapore’s prime District 10, has been put up for collective sale at an attractive price of $56 million. This exclusive freehold site presents a unique opportunity for developers and investors to craft a boutique residential development in one of Singapore’s most sought-after neighborhoods. Prime Location […]
The Urban Redevelopment Authority (URA) has made a unique proposal to the owners of Golden Mile Tower, offering bonus gross floor area (GFA) if the building’s cinema block is preserved. This comes as part of the collective sale efforts for the iconic development located along Beach Road. Golden Mile Tower, an 18-storey office building with […]
The US dollar has surged to its strongest level in more than two years, as the Federal Reserve signals a slower pace of monetary easing in 2025. This development highlights the dollar’s resilience amid shifting global economic conditions. Why Is the US Dollar Strengthening? On Dec 18, the Bloomberg Dollar Spot Index rose by 0.9%, […]
The Central Provident Fund (CPF) system in Singapore is evolving to better support members in building their savings for retirement, housing, and healthcare. Starting in January 2025, eight important changes will take effect, each designed to strengthen CPF’s role as a cornerstone of Singapore’s social security system. Here’s a breakdown of these updates: 1. Closure […]
Singapore’s private property market witnessed a remarkable surge in November, hitting its highest monthly sales in over 11 years. Developers sold 2,557 private homes (excluding ECs), a significant jump from October’s 738 units. This strong performance reflects pent-up demand, improved buyer confidence, and the excitement surrounding several major new project launches. Market Performance at a […]
A new chapter is set to unfold for Singapore’s rail industry. The Land Transport Authority (LTA) has announced that SBS Transit Rail (SBST) and French transport company RATP Dev Asia Pacific will jointly operate the upcoming Jurong Region MRT Line (JRL). This collaboration marks the first time a foreign operator will play a role in […]
Homeowners can look forward to some relief in 2025, with the government introducing a one-off property tax rebate. This initiative aims to ease the financial burden for owner-occupied properties amid rising cost-of-living concerns. Rebate Details HDB Flats: A 20% rebate for owner-occupied units. Private Residential Properties: A 15% rebate, capped at $1,000. These rebates will […]
On November 26, the Urban Redevelopment Authority (URA) released three residential land parcels under the second half of the 2024 Government Land Sales (GLS) programme. These include a site at Bayshore Road and two plots at Media Circle, offering exciting opportunities for property developers. Bayshore Road: A Prime Opportunity Near the East Coast The Bayshore […]
In a significant move, UOL Group has exercised its call option to purchase Thomson View Condo en bloc for $810 million. This deal, a joint effort with CapitaLand Development (CLD), represents one of the largest residential en bloc transactions of 2024. Milestone Agreement Secured The process began on October 26 when UOL and CLD entered […]
Exciting changes are on the horizon for Robertson Walk. Frasers Property has teamed up with renowned Japanese developer Sekisui House to redevelop the area into a luxurious mixed-use development. Set to launch in 2025 and complete by the end of 2028, this project is poised to redefine the Robertson Quay precinct. A New Era for […]
