Knight Frank partners Barleys to tap on cash-rich Singaporean buyers of New Zealand homes
Banking on a proposed legislative change which will exempt Singaporeans from a ban which will prohibit buyers from outside Oceania region from buying New Zealand homes, Knight Frank has entered into a strategic partnership with Bayleys Realty Group Limited to better access the New Zealand homes market. Knight Frank was established in London 123 years [...]
UOB home loan fully digitised by partnering four top property agencies
United Overseas Bank (UOB) on August 7 announced that it has brought together Singapore’s largest property ecosystem under one roof and has also launched a fully-digital solution for its UOB home loan. It said that its fully digitised solution for customers seeking UOB home loan would remodel the home buying experience by making home financing swifter and [...]
‘Farrer Park area less frequently used’, Minister justifies site demolition
The Minister for National Development has justified the demolition of the Farrer Park area saying “the facilities in the area were less frequently used as competitive sports venues.” Responding to a parliamentary question on if Farrer Park Field and the adjoining facilities will be preserved “as the area has a rich sports heritage and memorable [...]
Zone 2 Industrial Building up for sale by expression of interest
JLL on August 6 announced the sale of Zone 2 Industrial Building. The prominent real estate services company which is the sole marketing agent for the sale said the “Business 2” zoned industrial building located in an established industrial estate at 3 Gul Crescent near the Gul Circle MRT station would be a quality purchase. [...]
Prime CBD conservation shophouse up for sale
JLL, today announced an opportunity for real estate buyers to acquire a prime CBD conservation shophouse at 29 Stanley Street. The beautifully restored three-storey conservation shophouse is located in the heart of the Central Business District (CBD). Nestled along the charming Stanley Street, the rime CBD conservation shophouse occupies a land area of 1,693 sqft and [...]
Freehold River Valley redevelopment site in prime District 9 up for public tender
CBRE today launched the Public Tender sale of a freehold River Valley redevelopment site in prime District 9. The freehold River Valley redevelopment site, Regalia, is located at 2 River Valley Close. Located in a prestigious residential enclave in the prime District 9, The Regalia sits on a freehold site of approximately 63,371 sq ft [...]
Shoebox apartments keeps Singapore Banking Sector sustainable
Singapore’s Shoebox apartments help banking sector stability Small residential housing size such as shoebox apartments is good for Singapore banks. You may not know it, but having ever smaller housing is almost institutionalised in Singapore’s policies on land, and on the Singapore banking and financial sector. The ever smaller housing means rising land prices and [...]
New launch The Tre Ver sells 70 per cent of units at Phase 1 offer
New launch The Tre Ver condo sold almost 70 per cent of units offered at its Phase 1 offer. The developers’ offer of steep discount lured in mainly first time home buyers to the new launch on August 4th (Saturday) amidst the new property curbs. The Tre Ver Condo is a 99-year leasehold brand new [...]
Luxury homes projected to drop 30 to 40 percent in next few quarters
Singapore’s luxury homes are likely to be hardest hit by the recent property cooling measures, with sales forecast to fall between 30 and 40 per cent in the next two quarters, reported Bloomberg. In quoting Christine Li, a senior director and head of research for Singapore at Cushman & Wakefield Inc, the report suggested that foreigners [...]
Despite weaknesses in bank loan growth property scene is expected to be buoyant
The property cooling measures introduced by the Government on July 5 to counter the euphoria in the property market is expected to have an impact on bank loan growth. An earlier analysis by RHB Bank said that amongst the three local banks, UOB share price may be impacted more negatively in the short term. UOB has the [...]