Category Archives: Private Residential

Private home prices dip 0.7 per cent in Q1

Private home prices dip 0.7 per cent in Q1
However, a lack of new launches owing to fewer residential Government Land Sales means resale prices, which tend to be weaker, have been dragging down overall prices, Mr Cheong added. Just 953 private homes were launched in the first quarter, the …
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Private residential property prices continue to slide
SINGAPORE: The overall private residential property index fell for an eighth straight quarter, with prices down by 1.3 per cent in the July to September period, compared to the 0.9 per cent decline in the previous quarter, according to Urban …
Read more on Channel News Asia

Latest Singapore Private Residential News

Eye on Sembawang: Flourishing in the far north
Today, however, it is a mostly residential suburban town with its own waterways, park, MRT station and schools. … Along with the three other Royal Air Force bases in Singapore — RAF Changi, RAF Seletar and RAF Tengah — RAF Sembawang and HMS …
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Private home prices in muted fall: URA index
URA's rental index for private residential properties slipped 1.3 per cent q-o-q in Q1, the same rate of decline as in the previous quarter. One could look on the bright side and say that private housing … "Assuming the rate of population growth in …
Read more on THE BUSINESS TIMES

Asia's 50 Power Businesswomen 2016

Asia's 50 Power Businesswomen 2016
Singapore. Chew reigns as Singapore's “Businessman” of the Year, the first woman tapped for the honor in a decade. Chew's investment firm has stakes in real estate, hospitality and resources, and 2015 annual revenue of $ 389.9 million. To unlock capital …
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What Happens When a City Is Run by Private Industry?
An auto rickshaw drives past a high-rise residential building complex in Gurgaon. (AP Photo/ Manish Swarup). India is known for its … According to The Times of India, the National Highways Authority has already laid the groundwork for an eight-mile …
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Beulah International joins the race for Telstra site
Local private developer Salta Properties is also in the mix. And joining them in the race now is Beulah, a company backed by West Australian-based private investors with ties to Singapore and run by Jiaheng Chan and his partner, Adelene Teh. Ms Teh is …
Read more on The Australian Financial Review

Latest Singapore Private Residential News

Vietnam set for its next growth flight
Singaporean firms should work closely with reputable Vietnamese tour operators for inbound tours in Singapore+Vietnam packages, and the two governments could consider more connectivity options. Singaporean hospitality businesses can act as a catalyst …
Read more on The Straits Times

Singapore property may be heading for long-term drop in value
In addition to deterring foreigners and PRs from investing in Singapore's residential market, this policy has turned Singapore's desire to be a wealth-planning hub on its head. Wealthy families who have invested heavily in Singapore and who are now …
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Latest Singapore Private Residential News

Head of eco-certification unit joins Indonesian firm blamed for haze
He was also head of the non-government Singapore Environment Council's (SEC) eco-certification unit when it suspended use of the label last year by products from Asia Pulp and Paper (APP), the Indonesian firm accused of being one of the biggest …
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Latest Singapore Private Residential News

Singapore Shares Sputter After Hitting Resistance Level: Chart
A rally in Singapore stocks has stalled after the Straits Times Index struggled to breach a key resistance level of 2,900 for the second time in three months. That level provided a firmer base in July during the market rout led by the selloff in …
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K & K puts money from divestment of Singapore hotels into Hong Kong property
Private developer K & K Property built up a war chest of nearly HK$ 9 billion in 2013 by divesting two hotels in Singapore and ploughed the money back into the Hong Kong residential market, regardless of rising competition. It has spent HK$ 6.3 billion …
Read more on South China Morning Post (subscription)

Architects also hurting from real estate woes

Architects also hurting from real estate woes
"The majority of architectural practices are having a hard time, the private sector is very cautious and there is a dearth of local private-sector projects," he said. "However, the Board of Architects and the Singapore Institute of Architects are …
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Rise of Singapore's West and North
Supported by these new launches, non-landed private residential sales shot up to a high of 325 transactions in Q2 2015 (refer to Figure 2). Median prices at the time stood at $ 866 per sq ft. Since then however, median prices have moved up to $ 1162 per …
Read more on PropertyGuru Singapore

As rents plunge, so do luxury home prices
Said Ms Suzie Mok, senior director of investment sales at Savills Singapore: "Many of the apartments are vacant and it is quite difficult to get leases renewed at a good rate. The returns are not that great and if owners have made capital gains, it may …
Read more on The Straits Times

INREV appoints Neil Harris as new Chairman

INREV appoints Neil Harris as new Chairman
Headquartered in Singapore, GIC is one of the world's leading sovereign wealth funds. Outgoing Chairman Patrick … Joining the Management Board are Isabelle Scemama, Head of Funds Group at AXA Investment Managers – Real Assets (“AXA IM – Real Assets …
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Keppel Corporation's (KPELF) CEO Loh Chin Hua on Q1 2016 Results – Earnings

Keppel Corporation's (KPELF) CEO Loh Chin Hua on Q1 2016 Results – Earnings
Good evening. On behalf of my colleagues on the panel, we welcome you and those online to the conference and webcast on Keppel Corporation's results and performance in the first quarter of 2016. Joining us on the panel for the first time is Christina …
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As rents plunge, so do luxury home prices

As rents plunge, so do luxury home prices
It is believed he was pressured to sell as his private bank did not want to handle an auction sale. A 678 sq ft studio apartment at The Sail @ Marina Bay went for $ 1,475 psf in late February, a price not seen at the project in over five years. Some …
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What's the secret behind extremely strong home sales in March?
The improved demand in the private home market was not confined to these two new launches as a number of previously launched projects also saw improvement in their sales in March, compared to previous months,” he said. Desmond Sim, Head of CBRE …
Read more on Singapore Business Review