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Private property market has turned but price increases will be gradual, say analysts

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SINGAPORE – Private home prices have turned but increases going forward will be gradual because of strong property cooling measures in place, according to early analyst reactions. The analysts were responding to official flash estimates showing the private residential prices rising quarter-on-quarter for the first time in nearly four years, according to a Urban Redevelopment

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CDL Snaps up Amber Park through enbloc

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SINGAPORE – Amber Park, a 200-unit development in Amber Gardens, has been sold in Singapore’s latest collective sale to two units linked to City Developments (CDL) for S$906.7 million. This makes it a record amount garnered in a freehold collective sale in Singapore to date, said marketing agent JLL. The winning bid also smashes the

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Enbloc Fever: SC Global unit buys Jervois Gardens for S$72m

  A SUBSIDIARY of luxury residential developer SC Global has picked up Jervois Gardens through a collective sale at S$72 million. The price works out to nearly S$1,511 per square foot per plot ratio (psf ppr) for the 34,038-sq-ft freehold site. No development charge is payable. Under the Urban Redevelopment Authority’s Master Plan 2014, the

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Spring Grove 2nd Enbloc Attempt

SPRING GROVE condominium along Grange Road is going back on the market, three years after its first collective-sale bid failed, a Straits Times report said. Its owners are hopeful for a bid of at least S$1 billion, after having asked for S$1.39 billion in 2014, a sale committee representative told the newspaper on Thursday. The

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