Edmund Tie Archives - Mingtiandi

Social Club in Singapore’s Bukit Timah to Make Way for More Housing

Beatrice Laforga — Tue, 21 Nov 2023 06:48:17 +0000

A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s most exclusive districts, once its lease expires in three years, as the government continues to expand housing supply.

Singapore Home Prices Crept Upwards in Q3 Despite 15% Drop in Sales

Beatrice Laforga — Mon, 02 Oct 2023 12:59:46 +0000

The average price of a private home in Singapore rebounded in the third quarter, recording a 0.5 percent uptick compared to the preceding three month period, despite a 15 percent drop in the quantity of homes sold and a barrage... Read More>>

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Perennial to Invest $167M After Winning Tender for Singapore’s First Assisted Living Project

Beatrice Laforga — Wed, 21 Jun 2023 13:55:31 +0000

Perennial Holdings is planning to invest S$225 million ($167 million) for its initial venture into Singapore’s healthcare real estate sector after winning a public tender for the city-state’s first private assisted living development.

The developer controlled by local billionaire Kuok... Read More>>

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Singapore Boosts Stamp Duty by Up to 100% to Cool Home Prices

Beatrice Laforga — Thu, 27 Apr 2023 12:46:04 +0000

After housing costs rose by more than 11 percent in the last year, including a 3.2 percent jump in in the first quarter, Singapore regulators shocked the market late Wednesday with their strictest property cooling measures yet – including doubling... Read More>>

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Singapore Private Home Prices Jump 3.2% in Q1, Up 28% Since 2020

Beatrice Laforga — Mon, 03 Apr 2023 06:10:59 +0000

Singapore private housing prices rose for a 12th straight quarter during the period from January through March, with the cost of buying a new home jumping 3.2 percent from the final months of 2022, according to preliminary government statistics released... Read More>>

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Singapore’s UOL Clinches East Coast Residential Site For $295M

Beatrice Laforga — Fri, 10 Feb 2023 10:28:19 +0000

A joint venture between UOL Group and its Singapore Land Group subsidiary won a residential project in Singapore’s East Coast for S$392.18 million ($295.39 million) and now plans to redevelop the project into as many as 250 luxury homes, the... Read More>>

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First Residential Plot in Singapore’s Marina South Expected to Sell for Up to $880M

Beatrice Laforga — Tue, 06 Dec 2022 13:22:51 +0000

The first residential site to be auctioned off in the southernmost portion of Singapore’s Marina Bay financial district may fetch bids as high as S$1.2 billion ($880 million), even as escalating costs and interest rates may limit developer participation, according... Read More>>

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Developer Controlled by UOL Chairman Said Buying Singapore Luxury Site for $52M

Beatrice Laforga — Mon, 07 Feb 2022 11:59:34 +0000

A private developer owned by the Wee family which controls Singapore’s UOL Group has reportedly added a new luxury site to its pipeline with the purchase of a pair of bungalows in the city’s upscale District 11.

A unit of... Read More>>

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Orchard Towers Owners Said Ready to Set $1.2B Price on Singapore Commercial Project

Beatrice Laforga — Fri, 04 Feb 2022 12:45:52 +0000

The proposed collective sale of one of Singapore’s most infamous centres of sin is ready to take a step forward with owners of units in Orchard Towers reportedly set to vote on a recommended reserve price of S$1.6 billion ($1.2... Read More>>

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Cooling Measures, Holidays Pull Singapore New Private Home Sales Down 58%

Beatrice Laforga — Mon, 17 Jan 2022 13:16:55 +0000

Singapore’s new private home sales dropped by 58 percent in December after cooling measures put in place halfway through the month raised taxes on home purchases, restricted mortgage lending and quickly dampened homebuyer enthusiasm.

Data issued today by Singapore’s URA... Read More>>

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