Developer hit .7mil in extension fees

CapitaLand New Launch has received to spend $2.7 million to expand its deadline to sell the remaining units at The Interlace. CapitaLand forked out S$2.7 million in extension costs for the 127 unsold units in The Interlace. This computes to S$21,000 per 7 psf, noted $ unit or S TODAYonline. Initially, the remaining flats at […]

Help next- timers homes that are own

The Ministry of National Development (MND) revealed yesterday the details of the Fresh Start Housing Scheme, which intends to supply residences for second-timers, or households that previously enjoyed one home subsidy but now live in public rental flats. Underneath the scheme, eligible families with school-going children will each be able to obtain a two-room Flexi […]

Singapore home now less popular with investors

Singapore’s popularity with property investors has fallen, although considered a protected industry. Singapore’s appeal like a home investment destination for institutional buyers has decreased this season, in Australia and Japan, specifically when compared with other developed Asia Pacific towns. This decrease in reputation continues to be attributed to the home cooling procedures, along with the […]

Rochor Centre to be demolished shortly

The four bright coloured home blocks will likely be demolished to make way for a new expressway. A public housing estate in the Bugis place dating back to the 1970s, Rochor Centre, will be demolished by the finish of this year to make way for the new North-South Expressway, reported The Straits Times. Constructed in […]

S P Setia Berhad – Company Review

S P Setia Berhad is recognised as Malaysia’s top listed real estate player using a successful track record of innovation-driven and standard-setting developments. The strength of the Group lies in its art in creating significant environments depending on its development philosophy of Live Learn Work Play. The developer has built a solid foundation in Malaysia […]

{New Jurong Innovation District to improve property demand

New Jurong Innovation District to improve property demand Artist’s impression of the new Jurong Innovation District. Source: JTC There were no property-related measures declared in gem residences Finance Minister Heng Swee Keat’s maiden budget speech, which came as no surprise to experts. “(The) absence of developments to marketplace cooling measures was expected as the government […]

Specialists share suggestions for Fresh Start Housing Scheme

Specialists share suggestions for Fresh Start Housing Scheme Specialists kingsford hillview peak price expect that the 2016 Budget, that will be announced this Thursday (24 March), will solve some current issues with the Fresh Start Housing Scheme, reported Channel NewsAsia. This scheme helps HDB renters purchase their very own flat, with those who formerly owned […]

HK house sales drop 70% from last year

The amount of residential transactions in Hong Kong dropped yearly by 70 percent as buyers shunned the home marketplace amidst dropping costs and economic uncertainty, reported Bloomberg. Based on government data, just 1,807 units were sold in February compared to 2,045 in the preceding month. This really is a far cry from the 6,027 trades […]

Govt New Land Sales 2016

Four confirmed list websites and 12 reservation list websites will likely be published under the first half 2016 Government Land Sales (GLS) Programme, revealed the Ministry of National Development (MND). The confirmed list contains three private residential sites (including one EC website), and one commercial and residential website, which could yield about 1,560 private units […]