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Horizon Towers gets go-ahead for en-bloc sale
Strata Titles Board ruled that the hotly-disputed en-bloc sale can proceed, despite objections from the minority owners. -ST
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Want to rent this? Make a bid for it
New allocation system for select state-owned homes expected to cut long waiting lists. |
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Sell my sea-view flat? Not even for $1 million
Mr Poh Beng How, 80, enjoys the cool sea breeze from his flat in the Marine Parade block where one five-room unit was sold for a record $750,888 last week, mainly for its view of the sea.
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Asian office space strong despite rising rents
Overall demand for office space in Asia's major commercial centres remained robust: report. -AFP |
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Reward for good service: COMMISSION + TIP + CAR = $1MILLION
This is a S'pore estate agent's surprise windfall.
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Exec condos grow in appeal with age
Many resale units will reach the 10-year mark within the next three years, which means sale restrictions will be lifted and they can be marketed like any other private home. |
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Meet the man who paid $435m for an Orchard condo
Billionaire tycoon Francis Yeoh, the man behind YTL Corporation, opens up about his life and loves.
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Riverwalk, Cairnhill Mansion and site next door up for sale
Three prime sites - one zoned for commercial use and two for residential use - are up for sale. |
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Three-room flat goes for $380,000
Small flats in Upper Cross Street, Marine Parade sold for record prices.
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South Beach area to be developed, ready by 2012
Two major international investors have, for the first time, tied up with a S'pore company to develop a govt land sale site in the country. |
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MGP Kimi awarded tender for white site at Marina View
MGP Kimi had submitted the highest bid of $8,389.58 per sq m of gross floor area.
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China developer buys Sentosa Cove plot
It put in a bid of $215.7m or $1,350 psf. |
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Few landed collective sales done even in boom times
Experts say the selling process for houses is trickier than for condos.
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Property sales set for big drop in Q4
Early numbers show Q4 private property deals at $2.9b, nowhere near Q3's $15.6b. |
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Fewer homes worth less than remaining loans as prices rise
Owners no longer in negative equity may be tempted to sell and cash in.
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$12M: Coffee shop in Jurong fetches record price
Its huge catchment area of residential blocks and business parks nearby makes it a prize location, said property analysts. |
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Three of Asia's biggest deals done in S'pore
Value of the 3 total US$1.77b, or about 20% of the Top-10 transactions.
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Keppel Land markets India projects here
The company is also looking to expand to other Indian cities. |
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More land for mass market private homes released
The govt has unveiled an expansive programme of land sales for the first half of next year.
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Most flats offered in HDB bi-monthly balloting snapped up
Who says HDB flat applicants are choosy? They are not, going by the almost full take-up rate of 3,034 units of four-room and bigger flats offered in the past four bi-monthly sales carried out by the Housing Board. |
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2008 seen as year of mass market homes
Developers, consultants predict 10-20% hikes for this segment in 2008, high-end gains seen tapering to 0-10%.
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Micro-managing the property market is hard to do: Redas chief
Developers rely on sustainable market for roll-outs, he says. |
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Govt sees potential in Rochor area remake
Plans not firm but it intends the area to complement Marina Bay development.
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CapitaLand to expand into offices in Vietnam
CapitaLand could double the number of homes it is building in Vietnam to about 6,000 units in the next three years. |
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Plum industrial site in Playfair Road for sale
Site near future MRT station expected to fetch $65-70 psf ppr.
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STB approves en bloc sale of Horizon Towers
But it may not spell end of saga as minority owners who oppose sale may still appeal. |
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Beach Road could be next prime hot spot
District, set for a snazzy makeover, boasts a good mix of shophouses and strata-titled commercial and residential units on the market for the average investor.
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Rents for state-owned homes rise
Rents of homes under the Singapore Land Authority's (SLA) first bidding exercise held recently, increased by between 40 to 230 per cent over previous rents. |
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En bloc deals top $13b but pace is slowing
Sales in H2 account for only $2.8b as price gap between owners, developers surfaces.
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78 Shenton Way sold for $650m to German group
$1,857 psf deal shows foreign players still prize S'pore office market. |
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En bloc sales: Find fairer way to compensate all
Reader writes in to suggest a more equitable method.
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He divides 4-storey house into 10 rooms
Have your house and rent it out too. That is the retirement plan that Mr Fung Chi Shing has in mind. |
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Divide & rent
Landlords split apartments into studio units to lower rents and maximise returns.
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From $34 million To $0
En-bloc sale shelved because of one home-owner. Now, neighbours call him their hero. |
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5,000 apply for 316 flats
Flats in Punggol, Sengkang, Hougang see unprecedented demand.
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New HDB flat prices based on market prices of resale flats
The prices of new HDB flats are based on the market prices of resale HDB flats, and not their costs of construction. |
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No takers for many collective sale sites as market cools
Quiet end to record year where $12.5b worth of estates were sold en bloc.
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Good class bungalow prices surge 40%
Huge wealth creation, high networth PRs cited for hike; smaller gains likely next year. |
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PUB calls tender for tutti-frutti floating island in Sengkang
S'pore's first floating island project in Sengkang will come with a large mangosteen pavilion, lime seats and peer-through orange slices and the fruitful haven will sit in the middle of the new Punggol Reservoir.
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They move - from Toa Payoh to Toa Payoh to Toa Payoh
The Zhongs pocket $200,000 in profit from their moves. |
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More HDB condo-like flats coming up
Bishan to get about 460 flats built by private developers; blocks may be as high as 50 storeys.
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Rush for land to sweep away last Singapore village
Built 60 years old ago on low-lying land, the kampong has weathered many floods. But the biggest danger it faces is not a natural disaster, but Singapore's voracious appetite for land. |
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HDB launches 2 new projects under BTO system
Damai Grove in Punggol town and Jade Spring @ Yishun were launched.
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Interest in outlying HDB towns picking up
Estates like Sengkang and Punggol gaining popularity as central resale flats' prices rise. |
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Splitting an HDB flat when there is no will
In a case where there is an HDB flat, the administrator would have to resolve the distribution of the entitlement to the flat to the three beneficiaries within six years of the date of death.
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Land scams on the rise in Malaysia
In 2006, there were 80 cases reported, involving land worth about RM 5 million (about S$2.2). Up to October this year, there have been 49 cases, but the amount lost is almost RM 10.5 million. |
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At the mercy of land scams
With the growing number of land scams and increased value of property involved, serious measures are urgently needed to overcome the problem.
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How fraudulent land transfers take place
There are many parties involved in fraudulent land transfers. |
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Indefeasibility means impossible to be defeated
Where fraud or forgery is involved in the transfer of land titles, legal systems around the world adopt either one of two principles ? 'immediate' or 'deferred' indefeasibility.
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Goldman seeks $1 billion windfall on DBS Building
US bank could be tweaking portfolio, sources say; DBS may move to new location. |
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New launches to slow till next year
With a still uncertain market, quiet times in property sector may continue till after Chinese New Year.
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Mid-tier, mass market homes may lead gains
Performance hinges on HDB upgraders, en bloc millionaires, say consultants. |
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Jackie Chan pays $11m for Jinriksha Station at 1 Neil Road
Celebrity plans to open piano bar, reflexology business, offices.
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Asking rents at specialist malls rise by up to 30%
Some retailers pay willingly for locale's reputation, others prefer mix of shops. |
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Interest in property auctions picking up
Record 810 properties auctioned this year; value of sales shot from $129.54 million to $264.7 million.
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