Property News

Newton Lodge launches second collective sale tender

SINGAPORE (EDGEPROP) – Newton Lodge launches its second attempt at a collective sale on May 28.The 16-unit apartment development near Novena is conveniently located some 400 metres from the Novena MRT station and the Novena commercial cluster. Major developments around the Novena area have been underway, as the government targets to transform the area into Singapore’s largest healthcare hub by 2030....

CPF usage rules and HDB housing loans criteria changed

SINGAPORE (EDGEPROP) – CPF usage rules and HDB housing loans have been updated to provide more flexibility for Singaporeans to buy a home for life while safeguarding their retirement adequacy, said the Ministry of National Development and the Ministry of Manpower in a joint statement. The new CPF usage rules will now focus on whether the remaining lease of the home can cover the youngest buyer until at...

The Woodleigh Residences launch price slashed by up to 13 per cent

SINGAPORE (EDGEPROP) – The Woodleigh Residences launch is slated for this Saturday (May 11). The development by Japanese property developer Kajima Development (Kajima) and Singapore Press Holdings (SPH) is positioned as a premium integrated development which leverages Japanese design.The Woodleigh Residences is the latest and most ambitious integrated premium housing project of a Japanese property...

Amber Park tops sales on launch weekend achieving $240m in sales value

SINGAPORE (EDGEPROP) – Amber Park tops sales on launch weekend by becoming the best-selling freehold property launch this year– Amber Park tops with 115 units (77%) being snapped up of the 150 released– Amber Park tops by achieving a total sales value of over S$240 million– Amber Park tops by drawing buyers to the project’s outstanding attributes and an excellent location offering beautiful...

K Hotel in Geylang launched for sale at $25 million

SINGAPORE (EDGEPROP) – JLL on May 2 announced the offer for sale K Hotel, a freehold eight-storey, 56-room hotel. JLL, the exclusive marketing agent for the sale said K Hotel is licensed to provide daily and hourly accommodation services and is located in the city fringe – just East of the Central Region. Located in a mature urban enclave, the freehold hotel occupies a land area of 3,725 sqft and an...

Industry 4.0 investments pushes Singapore to favourable global manufacturing rankings

SINGAPORE (EDGEPROP) – Industry 4.0 investments see Singapore being ranked #5 in terms of a favourable geopolitical climate and intellectual property protection.Global real estate services firm Cushman & Wakefield on April 25 published new research assessing 48 of the most suitable locations for global manufacturers to expand or relocate their operations in EMEA, the Americas and Asia-Pacific. While...

Coworking has made a lasting impact in real estate industry

SINGAPORE (EDGEPROP) – Coworking entered the real estate industry only a short time ago and has clearly made a lasting impact, said a recent report by AEW. AEW, one of the world’s largest and most established real estate investment managers, referred to JustCo @ Marina Square (among other key global real estate in major cities), to arrive at their conclusion on coworking space. The research paper...

Property obsession – Singapore ranks at #5 in global survey

SINGAPORE (EDGEPROP) – Singapore’s property obsession saw residents spending 3.29 hours on property viewing. Their level of property obsession is higher than in the UK with 2.65 hours and Australia with 2.51 hours. Only the United Arab Emirates, US, Taiwan and Mexico, in that order, spend the most time viewing property in a week.copyright: iCompareLoanThe online survey conducted by Toluna for HSBC...

Luxurious Amber Park launches this weekend

SINGAPORE (EDGEPROP) – City Developments Limited (CDL) and its joint venture partner, Hong Realty (Private) Limited, announced on May 2nd that it will launch luxurious Amber Park on Saturday, 4 May 2019, following the opening of its sales gallery for viewing on 27 April 2019.The freehold 592-unit condominium has a strategic location in the exclusive Amber Road enclave within the East Coast area. It is...

Sloane Residences: A Lovely Home with a Rich Heritage

SINGAPORE (EDGEPROP) – Sloane Residences (previously Sloane Court Hotel) in an upcoming new property launch located along 17 Balmoral in the prime District 10. Tiong Seng Holdings and Ocean Sky International, in a joint venture, bought the site area at a cost of S$80.5 million. The condo is on a FREEHOLD tenure, something that presents even greater value for investors as well as those planning to upgrade...

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