A new chapter is set to unfold for Singapore’s rail industry. The Land Transport Authority (LTA) has announced that SBS Transit Rail (SBST) and French transport company RATP Dev Asia Pacific will jointly operate the upcoming Jurong Region MRT Line (JRL). This collaboration marks the first time a foreign operator will play a role in […]
Joint Venture to Operate Singapore’s Jurong Region MRT Line Read More »
Homeowners can look forward to some relief in 2025, with the government introducing a one-off property tax rebate. This initiative aims to ease the financial burden for owner-occupied properties amid rising cost-of-living concerns. Rebate Details HDB Flats: A 20% rebate for owner-occupied units. Private Residential Properties: A 15% rebate, capped at $1,000. These rebates will
Good News for Homeowners: Property Tax Rebate Announced for 2025 Read More »
On November 26, the Urban Redevelopment Authority (URA) released three residential land parcels under the second half of the 2024 Government Land Sales (GLS) programme. These include a site at Bayshore Road and two plots at Media Circle, offering exciting opportunities for property developers. Bayshore Road: A Prime Opportunity Near the East Coast The Bayshore
URA Launches Residential Sites at Media Circle and Bayshore Road Read More »
In a significant move, UOL Group has exercised its call option to purchase Thomson View Condo en bloc for $810 million. This deal, a joint effort with CapitaLand Development (CLD), represents one of the largest residential en bloc transactions of 2024. Milestone Agreement Secured The process began on October 26 when UOL and CLD entered
UOL and CapitaLand Team Up for $810M En Bloc Purchase of Thomson View Read More »
Exciting changes are on the horizon for Robertson Walk. Frasers Property has teamed up with renowned Japanese developer Sekisui House to redevelop the area into a luxurious mixed-use development. Set to launch in 2025 and complete by the end of 2028, this project is poised to redefine the Robertson Quay precinct. A New Era for
Robertson Walk to Transform into Luxury Residential and Retail Haven Read More »
The recent Government Land Sale (GLS) for a residential site at Faber Walk has concluded with a top bid of $349.858 million ($900 psf per plot ratio or ppr) submitted by a consortium led by GuocoLand. This bid, alongside its partners TID Residential and Intrepid Investments, reflects the developers’ strong interest in the area’s growth
GuocoLand Secures Faber Walk GLS Site with Top Bid of $900 PSF PPR Read More »
Asia’s property markets are on track for a strong 2025, with home prices expected to rise across key regions. According to Bloomberg Intelligence (BI), Hong Kong is set to lead the growth, but Singapore, Australia, and Japan are also showing promising signs. Hong Kong’s Market Recovery After years of decline, Hong Kong’s property prices are
Home Prices in Hong Kong, Singapore, and Australia to Climb in 2025 Read More »
The extension of the Thomson-East Coast Line (TEL) is reshaping Singapore’s East Coast property landscape. With seven new stations—Tanjong Rhu, Katong Park MRT, Tanjong Katong MRT, Marine Parade, Marine Terrace, Siglap, and Bayshore—residents are now closer than ever to convenient, high-speed travel. Today, around 235,000 households are within a 10-minute walk of a TEL station,
Network Effect: How the Thomson-East Coast Line Boosted Property Prices and Rentals Read More »
In December, around 2.9 million eligible Singaporeans will receive a cash payout from the government, aimed at helping with the rising cost of living, managing healthcare expenses, and strengthening retirement savings. This initiative is part of the Assurance Package (AP), which was bolstered with an additional $1.9 billion during Budget 2024 to better support Singaporean
Nearly 3 Million Singaporeans to Receive Cash Payouts of $200 to $600 in December Read More »
The high-end residential market in Singapore has been under pressure over the past year, impacted by both economic uncertainties and stricter cooling measures. When additional buyer’s stamp duty (ABSD) rates increased in April 2023, sales of non-landed private homes in the Core Central Region (CCR)—encompassing Districts 9, 10, 11, Sentosa, and the Downtown Core—slowed, especially
Signs of Recovery in Singapore’s Prime Residential Market Read More »