Property News

OLA EC’s 30% sales over the weekend may become new reality as Covid-19 looms over project launches

By Cecilia Chow/ EdgeProp Singapore|March 23, 2020 1:53 PM SGT SINGAPORE (EDGEPROP) - OLA executive condo’s (EC) sales over the weekend of March 21 and 22 may be a bellwether for other projects in the new world order under the spectre of the pandemic. About 167 out of 548 units at OLA executive condo sold over the weekend (Photo: Evia Real Estate) Sales at the Spanish-themed EC, located at...

35 Gilstead beats the competition with attractive prices

By 35 Gilstead / BROUGHT TO YOU BY TEE LAND | March 20, 2020 10:55 AM SGT An artist impression of 35 Gilstead. The freehold development is close to Newton MRT station, and is surrounded by low-rise housing estates SINGAPORE (EDGEPROP) – Just off the busy Newton Road lies the upmarket residential neighbourhood along Gilstead Road. The quiet neighbourhood is lined with old houses from the 1920s, and...

Unit at Elizabeth Heights sold for $2.54 mil profit

By Valerie Kor / EdgeProp Singapore | March 20, 2020 9:51 AM SGT The 2,497 sq ft unit at Elizabeth Heights was sold for $4.5 million ($1,802 psf) on March 9 (Photo: Samuel Isaac Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) - The sale of a unit at Elizabeth Heights located on Cairnhill Road made the top gain of $2.54 million over the week of March 3 to 10. The 2,497 sq ft unit on the 12th floor was...

The Cairnhill enclave: Where prices have outperformed the general luxury segment

By Alan Cheong,Savills Singapore/ EdgeProp Singapore|March 20, 2020 8:58 AM SGT  SINGAPORE (EDGEPROP) - How does one describe Cairnhill? Is it an area that covers just roads or streets that begin with that name? Or is it larger than that, like an enclave? The dictionary defines the word “enclave” as an area that is different from the larger area or country surrounding it, and this seems to aptly...

Three-storey townhouse at The Windsor offered for $2.75 mil

By Timothy Tay/ EdgeProp Singapore|March 20, 2020 7:00 AM SGT  SINGAPORE (EDGEPROP) - A three-storey townhouse in The Windsor - a freehold development on Ontario Avenue - will be auctioned by Knight Frank on March 27. The 2,497 sq ft, four-bedroom property has a guide price of $2.75 million, or about $1,101 psf on the floor area. The Windsor was completed in 1987 and is located off Upper Thomson Road...

Covid-19 may amplify attractiveness of Singapore’s real estate market

By Cecilia Chow/ EdgeProp Singapore|March 20, 2020 8:08 AM SGT SINGAPORE (EDGEPROP) - The world is in turmoil with lockdowns and heightened travel restrictions. Things are likely to worsen in the short term, but Singapore’s handling of the outbreak makes it look like a ‘safe haven’ The rich are on the lookout to pick up some real estate gems (Photo: Samuel Isaac Chua/EdgeProp Singapore) As...

Prices for OLA EC to start from $976 psf

By Charlene Chin/ EdgeProp Singapore|March 19, 2020 1:41 PM SGT SINGAPORE (EDGEPROP) - Prices for the OLA executive condominium (EC) in Sengkang will start from $976 psf, developer Anchorvale announced on March 18.Online applicants will be able to view the show units on March 19 and 20 before bookings start on March 21.Prices for the two-bedroom units will start from $1,100 psf; three-bedders from $999...

Private new home sales hit 975 units in February, rising 57% m-o-m

By Charlene Chin/ EdgeProp Singapore|March 19, 2020 2:20 PM SGT  The bulk of sales volume in the month was contributed by The M in the CCR, which saw 380 units sold at a median price of $2,439 psf (Credit: Samuel Isaac Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - Developers sold 975 private new homes in Singapore, a 57% m-o-m increase from 620 units in January, according to monthly sales data of...

Retailers adapt to survive Covid-19

By Charlene Chin/ EdgeProp Singapore|March 19, 2020 3:12 PM SGT Shoppers purchasing necessities in Seletar Mall on Feb 9 (Credit: Albert Chua/ The Edge Singapore)  SINGAPORE (EDGEPROP) - As the Malaysian government announced its countrywide lockdown on March 16, snaking queues quickly formed in Singapore’s grocery stores as shoppers snapped up goods for fear that the flow of goods between the two...

Two conservation shophouses at Haji Lane and Arab Street for sale at $8.5 mil

By Charlene Chin/ EdgeProp Singapore|March 12, 2020 3:24 PM SGT  SINGAPORE (EDGEPROP) - A pair of shophouses at 56 Haji Lane and 87 Arab Street are up for sale at a guide price of $8.5 million.The shophouses have 2.5 storeys each, and are fully tenanted to retail tenants. The pair occupies a site of 1,078 sq ft and has a built-up area of 2,200 sq ft.The tender for the shophouse pair will close on April...

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