January 2019

SINGAPORE (EDGEPROP) – The Council for Estate Agencies (CEA) in a press release on 4 Jan said that the list of registered property agents rose in the past year when compared to 2017. CEA said that the As at 1 January 2019, there were 1,229 licensed property agencies and 29,146 registered property agents.The number of licensed property agencies and registered property agents as at 1 January over the...

SINGAPORE (EDGEPROP) – Cavenagh Gardens, a prime freehold residential redevelopment site in the prestigious Orchard Road district has just been launched for sale via a public tender exercise by sole marketing agent, JLL.Located next to the Istana, Cavenagh Gardens, along Cavenagh Road in the sought after District 9, consists of three blocks of 172 apartments. Currently zoned for “Residential” use...

SINGAPORE (EDGEPROP) – Choon Kim House, a freehold collective sale site at Upper Serangoon Road, has just been relaunched for sale by tender by sole marketing agent, JLL.The property was first launched for sale in April 2018 at the asking price of $55 million but the tender closed without a deal. The Collective Sales Committee (CSC) initiated a proposal to lower the reserve price to $50 million. This was...

SINGAPORE (EDGEPROP) – Flynn Park, a freehold collective sale site off Pasir Panjang Road, has just been relaunched for sale by tender by sole marketing agent, JLL.Flynn Park was launched for tender in May last year at the minimum price of S$363.8m and the tender closed on 29 June 2018 without a buyer.Following the announcement of the July 2018 market cooling measures, the Collective Sale Committee...

SINGAPORE (EDGEPROP) – HDB’s flash estimate of the 4th Quarter 2018 Resale Price Index (RPI) is 131.4, a decline of 0.2% over that in the 3rd Quarter 2018. Based on the flash estimate, the decline in resale flat prices for the whole year of 2018 is 0.9%. HDB said that its Resale Price Index provides information on the general price movements in the resale public housing market.Screengrab HDBHDB said...