fbpx
Buying a new launch? Let us help you use Property Data Analytics to make the right choice!

October 2020

Tenders for Tanah Merah Kechil Link, Yishun Ave 9 EC sites closed, both sites received ‘robust interest’

Experts attributed the strong interest received to the Tanah Merah Kechil Link site’s proximity to the MRT Station and its palatable land size, while the interest for the EC site at Yishun Ave 9 was ‘unsurprising’ as the last two EC sites were sold in 2014.  Despite the weak economic outlook, the tenders for two Confirmed List Government Land Sale (GLS) sites received robust interest, with the top...

Freehold landed site at District 9 may be launched for sale in few months

The 117,230 sq ft site is owned by the seven sons of the late Cheong Eak Chong – founder of Hong Fok Corporation and Tian Teck group. A two-storey bungalow sits on the site, whose last resident, matriarch Lim Ghee, died in February. Image: Google Maps The owners of a freehold landed residential site at 5 Oxley Rise are expected to put up the plum site on sale in a few months, with industry watchers...

Good Class Bungalow (GCB) Transactions in Q1-Q3 2020

Listed below are the Good Class Bungalows transacted in the year 2020 from Q1 to Q3 (Jan - Oct) extracted from URA Private Residential Property Transactions (Good Class Bungalows – GCB) analytics report. GCB's are filtered out using a minimum land size of 15,000 sqft or 1,400 sqm. Of note is a large transaction amounting to $73mn for a GCB of 44,434 sqft in size in Leedon Park near the Embassy of...

ERA Singapore in partnership to help agents capture 3D virtual tours of property

Over 17,300 real estate agents from ERA will get an “easy, low-cost way to capture 3D virtual tours of properties through the real estate agency’s partnership with Matterport.  ERA Singapore has partnered Matterport to provide over 17,300 ERA real estate agents an “easy, low-cost way to capture 3D virtual tours of properties”.  Matterport creates “digital twins” of properties which give...

The Linq @ Beauty World to preview on 31 Oct

Located at Upper Bukit Timah Road, the 20-storey, mixed-development project will feature 120 residential units and 53 commercial units.  Freehold mixed-use development The Linq @ Beauty World is set to open its showflat for preview this Saturday (31 October) by appointments only. Located at Upper Bukit Timah Road, the District 21 project is developed by Alika Properties. It will feature 53 commercial...

Top HDB Resale Transactions in Sep 2020

Shown below are the top HDB resale transactions in terms of resale price for the month of Sep 2020. The list of towns represented in the top 20 are Bukit Merah, Central Area, Queenstown, Bishan, Clementi, Geylang and Kallang/Whampoa. Topping the list is a 5 ROOM flat (43-45 Storey Range) in Pinnacle @Duxton clocking in at $1,258,000 for a PSF of $1,092. Close behind is another 5 ROOM flat in a...

1,000 Tengah households signed in for energy-saving centralised cooling system

The energy-efficient system enables households to save about 15% to 20% in upfront costs compared with present market rates, and up to 30% in life cycle costs, explains SP Group. Image: mytengah.sg Nearly 1,000 households have indicated their desire to avail of the centralised cooling system (CCS) within the new Tengah estate, where around 8,000 Build-To-Order (BTO) units have been launched so far,...

James Dyson has sold his Wallich Residence penthouse – at a $11.8mil loss

The triplex penthouse in Tanjong Pagar was purchased at $73.8 million last year, and is sold for $62 million or close to $3,000 per sq ft (psf) based on its 21,108 sq ft strata area. Image: GuocoLand After purchasing the triplex penthouse at Wallich Residence for $73.8 million last year, the Dysons behind the British consumer electronics firm are now selling the property in Tanjong Pagar for $62 million...

Three new members to join Council for Estate Agencies (CEA)

Chief Executive Officer and Key Executive Officer of Edmund Tie & Company (SEA), Ong Choon Fah. The Council for Estate Agencies (CEA) will have three new council members from 22 October, said the Ministry of National Development (MND) and CEA in a joint release on Wednesday (21 October). The three new appointed members are Lok Vi Ming, Senior Counsel and Managing Director of LVM Law Chambers; Ong Choon...

King Albert Park GCB on sale for $45.5mil

The 36,446 sq ft freehold property in District 21 features five bedrooms, a swimming pool and a basement, and is priced at $45.5 million or around $1,248 per sq ft (psf). Image: Google Street View A Good Class Bungalow (GCB) at 22A King Albert Park has once again been put up for sale – although this time via private treaty – with a guide price of $45.5 million or around $1,248 per sq ft (psf),...

Compare listings

Compare