Category Archives: News

2017 developers’ sales hit 4-year high; momentum expected to continue

14,707 units sold last year beat 2016 total by 23 per cent; market recovery and steady pipeline of launches seen supporting 2018 buying. Original article from Businesstimes.com.sg publiched on 16th Jan 2018 by Lynette Khoo.  REFLECTING the upbeat sentiment in the property market, developers’ sales of private homes and executive condominiums (ECs) were the highest […]

Former Zouk site at Jiak Kim Street gets bid of S$955.4m for development

Original article from Channel News Asia published on 5th Dec 2017. Tenders for two residential land parcels at Jiak Kim Street and Fourth Avenue closed on Tuesday (Dec 5), with the former receiving a top bid of S$955.4 million and the latter drawing a top bid of S$552.96 million, according to the Urban Redevelopment Authority (URA). The land parcel […]

As MAS sounds warning, will property stocks get hit?

Original Article By Goola Warden / The Edge Singapore | December 4, 2017 9:00 AM MYT Property stocks have been on a tear this year, lifted by low starting valuations and growing signs that a recovery in the property market was unfolding. And, boosting their landbanks through en bloc deals was viewed positively by the […]

Blockbuster Land Deals signals boost for property

Original article from Straits Times published 15th Nov 2017 A series of blockbuster land deals in Singapore this year signal the property market is set to break out of its prolonged slump next year. A Chinese group lobbed a winning record bid for a residential plot, while Guocoland paid a record per-square-foot price for an office […]

Q3 private home prices rise 0.7%; beats flash estimate, confirms first gain in 4 years

Original article from Business Times published on 27th Oct 2017 by Kalpana Rashiwala  THE BENCHMARK private residential property price index rose 0.7 per cent in the third quarter of 2017 over the second quarter, slightly faster than the 0.5 per cent increase shown in the flash estimates, according to data released by Singapore’s Urban Redevelopment Authority […]

Private home prices up 0.5% in Q3, first rise in 4 years:

Original Article from Channel News Asia published on 2nd Oct 2017. Private home prices rose 0.5 per cent in the third quarter of this year, the first time prices have increased in four years, according to flash data released by the Urban Redevelopment Authority (URA) on Monday (Oct 2). Prices of private property in Singapore have […]

CDL to benefit from property upcycle, calls for review of QC policy

Original Article from propertyguru.com published on 11th Aug 2017 by Romesh Navaratnarajah. CDL’s Kwek said the property market appears to be getting stronger, but warned of dangers such as an upward spiral in land costs and housing prices. Property giant City Developments Limited (CDL) said it is well-poised to benefit from the property upcycle after several […]

CDL’s Luxury Freehold Development Gramercy Park Proves a Hit

News Release 11 April 2017 CDL’S LUXURY FREEHOLD DEVELOPMENT GRAMERCY PARK PROVES A HIT ̶ ̶ ̶ ̶ 80% of its North Tower launched in Phase 1 sold 55% of the South Tower units released in Phase 2 sold since launch on 30 March Average sales price up from over S$2,600 psf to about S$2,800 […]

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