A penthouse at the ultra-luxury Skywaters Residences has been sold, as recorded in a caveat lodged with URA Realis on May 20. The 7,761 sq ft, 99-year leasehold unit on the 57th floor fetched $47.34 million, or $6,100 per square foot (psf). The buyer, according to the caveat, is a foreigner, though the nationality isn’t […]
City Developments Ltd (CDL) has completed the acquisition of Delfi Orchard, a 40-year-old strata-titled building, for S$439 million. This price is marginally above the guide price of S$438 million set during its mid-April collective sale launch. The purchase price translates to a land rate of S$3,346 per square foot per plot ratio (psf ppr), according […]
Two prominent buildings at the former Bukit Timah Turf City stand as important historical markers. The South Grandstand, built in 1933, endured World War II and hosted Queen Elizabeth II in 1972. The North Grandstand, constructed in 1981, is notable for its large cantilevered roof, a symbol of post-independence architecture in Singapore. These grandstands, which […]
A prime 99-year leasehold private housing site near Singapore’s Holland Village MRT station attracted three bids at a state tender on Tuesday (May 14). Despite its desirable location, the bids were below market expectations, reflecting developers’ cautious approach towards large, premium sites. The highest bid came from a consortium led by UOL Group and CapitaLand […]
Maris Stella High School (MSHS) is set to undergo a transformative phase from 2027 to 2029, with plans for rebuilding to enhance facilities for both its primary and secondary school students. A significant shift will occur as the primary school section welcomes girls for the first time in 2027, coinciding with its relocation to the […]
As of April 2024, the Inland Revenue Authority of Singapore (IRAS) has identified 166 instances of tax avoidance related to the purchase of private properties, resulting in approximately S$60 million in Additional Buyer’s Stamp Duty (ABSD) and surcharges to be reclaimed. Deputy Prime Minister and Minister for Finance Lawrence Wong disclosed this information on Tuesday, […]
A proposed plan for a new residential estate adjacent to the Tampines Expressway (TPE) in Fernvale North, Sengkang, suggests the potential construction of approximately 10,000 homes. The Urban Redevelopment Authority (URA) is in the process of preparing an 18.9-hectare site bordered by Jalan Kayu, Fernvale Street, the TPE, and the upcoming Sengkang West Drive for […]
More homes may soon grace the landscape of Media Circle, as hinted by an update from the Urban Redevelopment Authority (URA) on Friday (May 3). A plot of land across from Infinite Studios in one-north, previously designated for business park use, is now proposed for residential with commercial space on the ground floor. Similarly, parcels […]
Resale condominium prices inched up by 0.4% in March, marking a rebound from February’s seasonal slowdown, as reported by real estate portals Singapore Real Estate Exchange and 99.co on April 25. This increase, slightly higher than February’s 0.2%, reflects a gradual recovery in the market. Analysts attribute this modest price growth to a disparity in […]
The Hill @ One-North experienced a modest uptake, with approximately one-third, or 43 units, sold on the initial booking day. Described as one of the lowest take-up rates for the first weekend of a launch among major private residential projects in 2024, the units were sold at an average price of around $2,595 per square […]
