Residential Property
Soho builds LinkedIn for properties
Soho builds LinkedIn for properties
It raised $1.71m to double product development speed and team size at their Singapore headquarters.
Posh home prices up 22% in January-February
The average price for a luxury home rose to $2,049 psf in Jan-Feb 2018.
Chart of the Day: HDB owners bought 10,517 private homes in 2017
HDB owners were attracted to private home enclaves in the suburban areas.
Sentosa Cove property lost 42% of value after sale
It was sold for $3.25m, whilst the last owner purchased the unit in 2011 at $5.64m.
Chart of the Day: Condo sales hit a four-year high in 2017
Sales volume rose 67.8% YoY to 11,988 units.
Executive condo sites lure aggressive bids amidst supply drought
This was seen through the record-breaking top bids for EC site Sumang Walk.
URA tenders Cuscaden Road residential site
It can house over 170 units.
Sumang Walk's EC development could yield 820 units
Since the site was sold for $509.37m, it could have a breakeven price of $1,000 psf.
Windy Heights up for en bloc sale at $806.2m
The site currently has four residential blocks of 192 apartment units, eight penthouses, and two commercial units.
Holland Road condo up for en bloc sale at $220m
Developers can turn it into a residential development of 166 units.
Tulip Garden up for en bloc sale at $753m
When redeveloped, it can offer up to 670 new homes with an average size of 790 sqft.
Sinarmas Land 2017 profits up 209.8% to $355.97m
Its revenue jumped to $1b due to high sales of land parcels.
Home sales to foreigners jumped 44.7% to 1,549 units in Q4 2017
One reason was that prices are considerably cheaper than Hong Kong and Shanghai.
Chart of the Day: Upcoming office supply to plunge in 4 years
This is a positive for rents, which could improve gradually as supply for space is squeezed.
Nearly half of home buyers anxious about price hikes this year
This is the top frustration of those that won’t buy new homes soon.
Savills tenders 2F Gerald Crescent for over $35m
It can accommodate 11 landed houses comprising two detached houses, a pair of semi-detached and seven terraces.
JLL offers Sophia Road redevelopment site en bloc
The owners of the 15-unit apartment are asking for bids over $45m.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape