Zoo Condo Site

GuocoLand, in collaboration with its partners TID and Hong Leong Holdings, has recently secured a green club facility worth $367.1 million from DBS Bank to develop the Faber Walk site. The land parcel was acquired through a Government Land Sale tender in November last year, with GuocoLand and its joint venture partners submitting the top bid of $349.86 million, equating to a rate of $900 psf per plot ratio for the 277,659 sq ft site.

Located in the Faber Walk landed private residential enclave, adjacent to the Faber Hills estate, the future development will consist of nine low-rise blocks and …

.

On the 8th of March, developer Sim Lian Group successfully sold 682 units, which accounts for 90% of the 760-unit Aurelle of Tampines executive condominium (EC) located at Tampines Street 62. The average price achieved for these units was $1,766 psf.

Sim Lian Group has confirmed that all their four- and five-bedroom units have been taken up, while 84% of their three-bedroom units have also been sold. According to Kuik Sing Beng, the executive director of Sim Lian Group Limited, this overwhelming response demonstrates the high demand for well-designed and conveniently located modern homes like Aurelle of Tampines in …

By co-creating Golden Mile Singapore, the joint venture has created a benchmark project that preserves the best of our city’s past, while fulfilling our vision of a sustainable and vibrant future,” says Pua Seck Guan, CEO of Perennial Holdings.Aurea, a luxurious residential project located in the Core Central Region (CCR), was launched for sale on March 8, making it one of the first to hit the market in 1Q2025. Developed by Far East Organization and Perennial Holdings, a total of 23 units were sold at an average price of $3,005 per square foot (psf).In the first phase, the joint developers …

The recent sale of a three-bedroom unit at One Holland Village Residences for a record-breaking price of $3,781 psf during the period of Feb 16 to 21 has made headlines. This new high surpassed the previous record of $3,426 psf set by the developer’s sale of a four-bedroom unit in 2022. The 99-year leasehold development, launched in 2019, is fully sold and is expected to be completed in 2029.

A boutique condo, Hill House, also saw a new psf-price high of $3,402 psf on Feb 21 when a two-bedroom unit was sold for $1.538 million. This new record comes just …

An exclusive marketing agent, Colliers International, has listed a three-storey terrace factory located at Midview City for sale at $6.2 million or $688 per square foot (psf). The property has a strata area of 9,009 square feet and is situated in the heart of the Sin Ming Industrial Estate on Sin Ming Lane.

The property holds a 60-year lease and is zoned as a “Business 1” site under the URA Masterplan 2019. It is fully tenanted and currently used as a childcare center, approved by the URA. The building comprises a basement and a roof terrace, and the neighborhood is …

If you’ve visited a show flat in recent years, you may have noticed that the unit sizes seem to have shrunk. This is not surprising, as our perception of size is relative to what we are accustomed to. The homes we grew up in, whether they were HDBs or condos, were larger in the 1990s and 2000s. In 1995, the average size of a new condo was 1,272 square feet, which increased to 1,286 square feet in 2005, and then shrunk to 858 square feet in 2015. By 2024, the average size had further decreased to 929 square feet.

However, …

There are more opportunities offshore in countries like Japan where low expectations on rental growth have resulted in very attractive risk-reward dynamics, he adds. Investors are expressing increased interest in Asia Pacific’s highly liquid real estate markets, according to Hamish MacDonald, BlackRock’s APAC Real Estate head and Chief Investment Officer. He added that this year, the hospitality, logistics, and alternative asset industries are expected to benefit from economic tailwinds. “This year, our focus will be mainly on Australia, Japan, Singapore, and Auckland, New Zealand, where there is an abundance of liquidity,” MacDonald stated.BlackRock has set its sights on purchasing serviced …

The Ministry of National Development (MND) has recently announced enhancements to the Silver Housing Bonus (SHB) and the Fresh Start Housing Scheme (Fresh Start). These changes are part of the government’s ongoing efforts to support senior citizens in their retirement planning and to improve public housing accessibility for lower-income households living in HDB rental flats.

The SHB aims to encourage senior citizens to better prepare for their retirement by unlocking the value of their residential assets and transferring it into their CPF Retirement Account (RA). Currently, applicants must be at least 55 years old, have a monthly income not exceeding …

The Ministry of National Development (MND) has announced changes to the Additional Buyer’s Stamp Duty (ABSD) regime for licensed housing developers, which are set to take effect on March 6.

Under the new revisions, the ABSD remission timeline for developers undertaking complex projects will be extended from six months to 12 months. This is in line with the government’s efforts to encourage developers to undertake urban transformation developments, optimize land use through intensification or integration, rejuvenate older estates, or adopt new construction technologies.

Projects that will benefit from this extension include en bloc redevelopments that yield a minimum of 700 …

The Land Transport Authority (LTA) is currently conducting feasibility studies for two new MRT lines. These lines are expected to be completed in the 2040s and could potentially serve more than 400,000 households.

One of the proposed rail lines is the Seletar Line, which is planned to serve areas such as Woodlands, Sembawang, Sengkang West, Serangoon North, Whampoa, Kallang, and the Greater Southern Waterfront. The second line, tentatively known as the Tengah Line, aims to supplement the transport network in the west and northwest regions and serve areas like Tengah, Bukit Batok, Queensway, and Bukit Merah.

Transport Minister Chee Hong …