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HDB resale price increased 1.6% in Q1

HDB resale prices increased in the first quarter of this year, albeit at a slower rate, as property cooling measures kicked in. The Resale Price Index increased 1.6 per cent in Q1, compared with 2.5...

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Largest-ever BTO launch

The HDB is offering homebuyers close to 4,000 new flats in six Build-to-Order (BTO) projects launched on Friday – the largest supply of BTO flats in a single launch. It surpasses the 3,185 BTO flats...

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CDL posts 44.5% fall in Q1 net profit

Singapore real estate developer City Developments Limited (CDL) posted a 44.5 per cent on-year decline in its first-quarter net profit at S$156.8 million. In a statement issued on the Singapore...

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Tampines Central executive condo site attracts six bids

The tender for the executive condominium (EC) site located at Tampines Central 7 / Tampines Avenue 7 / Tampines Avenue 9 has attracted a total of six bids. In a statement, the Housing & Development...

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Govt to boost infrastructure for growing population

In a bid to meet the needs of Singapore’s growing population, the government plans to increase infrastructure development in the country over the next decade. A report released by the National...

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Analysts call for resale levy on HDB-to-EC upgraders

Some property observers say imposing a resale levy on those upgrading from a HDB flat to an executive condominium (EC) could be one of the tweaks the government may make to the current EC scheme. But...

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Govt will look out for all homeowners

Future housing policies will take into consideration all homeowners, not just new ones, Senior Parliamentary Secretary in the Ministry of National Development Dr Mohamad Maliki said at the second “Our...

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EC site in Woodlands attracts seven bids; top bid of $216m by Qingjian Realty

An executive condominium (EC) site in Woodlands has attracted seven bids from developers, according to the Housing & Development Board (HDB). The 99-year leasehold site at Woodlands Avenue...

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Twin Fountains’ $1.64m penthouses sold out

The Twin Fountains executive condominium (EC) in Woodlands has seen strong interest from buyers, with the only two available penthouses sold for S$1.64 million each. Aside from both units which are...

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EC sales on the rise after Khaw hints at changes in scheme

Some executive condominium developers said they have seen an increase in sales since National Development Minister Khaw Boon Wan hinted at changes to the scheme in April. Developers of the Watercolours...

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Maisonettes may appear in new EC projects

Two-storey maisonettes look set to pop up in new executive condominium (EC) projects. In Sembawang, one such project at the junction of Sembawang Crescent and Sembawang Drive will have 28 maisonettes....

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Govt to sell land for 14,200 homes

The Government plans to sell land that can yield up to 14,200 new private homes, including Executive Condominium (EC) units, in the second half of this year, broadly matching its previous sales...

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Punggol EC oversubscribed 1.2 times

The newly-launched Ecopolitan executive condominium (EC) in Punggol has been 1.2 times oversubscribed, with 650 e-applications received since Friday, 5 June. Developed by Qingjian Realty (South...

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HDB awards Jurong EC site at $272.8m

An executive condominium (EC) site at Yuan Ching Road/Tao Ching Road in Jurong has been awarded to a consortium comprising Evia Real Estate, BBR Development, CNH Investment and OKP Land, after it...

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Residential investment down 37%

Residential investments in Singapore for 2013 declined by around 37 percent year-on-year to S$6.4 billion, on the back of fewer transactions for Government Land Sales (GLS) sites and tepid activity in...

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BREAKING NEWS: 80% monthly rise in April home sales

Sales of new private homes climbed more than 80 percent during April 2015 from last month’s figure to reach 1,124 units, excluding Executive Condominiums (ECs), according to data released by...

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Almost 2,500 EC units sit empty

After slipping to 11.5 percent in Q4 2014, the vacancy rate in the executive condominium (EC) market started to increase again in the first quarter of this year to 15.1 percent, according to data from...

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Home buying momentum remains despite slower sales

Sales of new private homes in Singapore fell 16 percent to 322 units in January this year from the 384 units sold in December 2015, according to latest data from the Urban Redevelopment Authority...

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79% of young couples will consider a smart home

Around 79 percent of young couples in Singapore will consider living in an executive condominium (EC) enabled with smart technologies, according to results from an online survey carried out earlier...

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