Malaysia has confirmed that plans will continue to proceed with plans with Singapore to build the Rapid Transit System (RTS) Link, a 4km cross-border MRT line that will link the two countries…
Category: News-At-A-Glance
Realisation Of A Dream
Impression City, made its first major step in its development on May 28, when the Encore Melaka Theatre opened its doors to welcome almost 2,000 audience members for a trial performance of…
Sales Of Private Homes Inches Up In April
It was reported that developers launched 654 new units and sold 729 private homes (excluding executive condominiums) last month, up slightly from the 716 units in March. The 729 units sold in…
Commercial And Residential Site In Holland Road Awarded
The Urban Redevelopment Authority (URA) has awarded the tender for a commercial and residential site in Holland Road to a consortium led by Far East Organization together with Sekisui House and Sino…
More Freehold Residential Sites Put Up For Sale
With the current en bloc fever going on, there have been several more residential sites put up for sale recently, including four collective sales in prime locations such as Cavenagh Gardens off…
Developers Interested In Cuscaden Road And Mattar Road, Less So For Silat Avenue
A consortium comprising SC Global Developments, New World Development and Far East Consortium International, beat eight other developers/consortiums with its bid of $410 million for a residential site in Cuscaden Road. The…
Property Market May Benefit From Singapore’s Positive Economic Outlook
Singapore’s growth this year was forecast at 1 to 3 per cent, but it is likely to exceed last year’s 2 per cent, said Prime Minister Lee Hsien Loong at this year’s…
Extension Charges Or QC Penalties “Almost Nothing” As Market Picks Up
Mr Lim Sim Seng, Chairman of the Singapore Land Authority (SLA), said that developers are paying “almost nothing” in extension charges this year. This is in comparison to the $50 million paid…
JB-Singapore Rapid Transit System (RTS) On Track For Completion In 2024
On 18 April 2018, Singapore’s Transport Minister Mr Khaw Boon Wan gave an update of the progress of the Rapid Transit System (RTS) Link, after visiting the sites at the Woodlands North…
March Delivers Best Showing Of Developers’ Sales In Q1 2018
In URA’s statistics on developers’ sales for the month of March 2018, developers reported that they had launched 614 new units and sold 716 units in the month. In March, there were…