The Immigration and Checkpoints Authority (ICA) in Singapore has unveiled plans for a major expansion of the Woodlands Checkpoint, with work set to commence in 2025. The project aims to increase the checkpoint’s size fivefold, addressing the growing demand for travel. The first phase, scheduled for completion progressively from 2028, involves an extension at the […]
The former Kebun Baru Primary School site in Ang Mo Kio is poised for a significant transformation as the Urban Redevelopment Authority (URA) proposes amendments to its masterplan to pave the way for high-rise residential developments. The strategic location, just 1km from Mayflower MRT station on the Thomson-East Coast Line, makes this site an attractive
Urban planning authorities are considering the conservation of People’s Park Complex, Southeast Asia’s first multi-use complex built in the 1970s. The Urban Redevelopment Authority (URA) has informed the property’s management corporation that it assessed the building to be of high heritage significance. While heritage groups welcome the move, it may impact the second collective sale
Amid a slowdown in overall demand for new private homes in Singapore in 2023, sales in the prime district have remained robust. Factors contributing to this trend include a lack of new launches in the prime district, narrowing price gaps compared to other regions, and the appeal of prime district properties for high-net-worth individuals. Key
Economists more optimistic for 2024 as Singapore economy ends 2023 on a higher note Read More »
Private home prices in Singapore continued to show a moderation in growth, increasing by 6.7% in 2023, compared to a growth rate of 8.6% in 2022. The property market experienced a slowdown in transaction volumes, with the number of units sold in 2023 decreasing by approximately 15% from the previous year. Despite the moderation, suburban
Private home prices up 6.7% in 2023, grow at slower pace from 2022 Read More »