Domestic buyers accounted for local confidence in the future of the island country, while the largest percentage of home purchases in Singapore in ten years. Singaporeans purchased 79 percent of private apartments sold in the first quarter, with Singapore’s largest domestic share since the first quarter of 2009. Property consultants OrangeTee & Tie Pte. In …
Tag Archives: Singapore
Sim Lian opens Singapore’s largest apartment project in Tampines
The 2,000 apartments in Tampines Street 11 have been launched by the Sim Lian Group. A development of 1.410 units in Hougang Avenue 2, which made its first sales earlier this month, is expected to take place at the end of March 2019, not far from the Florentine Houses. However, Sim Lian refused to announce …
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Singapore ranks 7th in the global luxury market
Singapore, one of the most important countries of the Asia Pacific region, has attracted the attention of buyers with the developments in the real estate sector in recent years. According to the Global Luxury Real Estate ranking recently announced last day, Singapore was in the seventh place on the list of luxury real estate properties. …
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Real estate sales in Singapore are expected to increase
Total real estate investment sales in Singapore are expected to reach high figures in 2019. Colliers International published its investment research report for the fourth quarter of 2018. According to the report, total real estate investment sales in Singapore completed the year with weak performance. In the first quarter of the year, it decreased by …
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PropertyGuru made easier to find a home with new lens
Our confidence in our smartphones and devices is increasing day by day. Whether it’s shopping, exchanging banking, listening to music or making reservations for the next vacation, new apps are improving to improve services. The application is easy for people looking for a new property. Many people want to live near places where they work …
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Logos Property expands in Singapore
Logos Property continues to expand in Singapore. Logos Property established an investment partnership to acquire 25 hectares REC area in Tuas region, located in Singapore. The company expanded its presence in Asia. The new investors of the LOGOS Singapore Logistics Initiative supported by Ivanhoe Cambridge and the Canada Pension Plan Investment Board (CPPIB) formed a …
New State Courts Towers are opening in 2020
New State Courts Towers stand out among its neighbors in Chinatown. However, the towers will be the highest government building in Singapore. Chief Justice Sundaresh Menon held ceremony commissioned on Friday to mark the completion of the structural work of the 35-storey building consisting of two towers connected to each other. During the event, plane …
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Mortgage slowdown in Singapore
Rising interest rates slowed mortgage demand in Singapore banks. The slowdown in mortgage demand has pulled the housing market down. According to Singapore’s Monetary Authority data, in the first 11 months of 2018, housing loans dropped to 1.9. Mortgage growth will stay stuck below 2 percent this year, according to Diksha Gera, an analyst at …
Singapore preparing to Underground Master Plan
The city of Singapore is preparing to introduce Underground Master Plan in 2019. Ler Seng Ann, a group director at the Urban Redevelopment Authority (URA) said that given Singapore’s limited land, we need to make better use of our surface land and systematically consider how to tap our underground space for future needs. Added, “Currently, …
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Total 11.86 hectares land in Singapore will be sold with auction
Singapore government said it opened seven sites in the list approved for the first half of 2019 and opened seven sites in the list, under the Industrial Area Land Sales (IGLS) program, with a total area of 11.86 hectares for the first half of 2019. This is for the second half of 2018, down from …
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