PRICE stability is one of the pillars of Singapore’s housing policies. Over the years, the Singapore government has introduced various measures to cool housing prices when they are out of sync with economic fundamentals. Here is a summary of those moves. Sep 30, 2022: Borrowing limits tightened; 15-month wait period for private property owners switching to public housing. Tweaks...
THREE freehold bungalows along Nassim Road owned by Cuscaden Peak Investments have been put on the market with an asking price of S$5,200 per square foot (psf) on land area. If achieved, this would be a record price for bungalow redevelopment land in a Good Class Bungalow (GCB) Area. Completed about 23 years ago, the 2-storey bungalows were renovated extensively in 2015. They have built-up areas...
SERENE Centre, a freehold mixed-use development near Bukit Timah Road, will be put up for sale via tender on Thursday (Sep 29) with a reserve price of S$120 million, marketing agent Cushman & Wakefield said on Wednesday. The 4-storey property, which belongs to a single family owner, sits on 5 land plots spanning 32,225 square feet (sq ft) with a gross floor area of 47,475 sq ft. It is zoned...
A PORTFOLIO of 15 commercial units in International Plaza has been put up for sale via expression of interest (EOI), with a guide price of S$60 million, the sole marketing agent Edmund Tie announced on Tuesday (Sep 27). Comprising 5 shop units and 10 office units, the portfolio has a total strata area of 18,482 square feet (sq ft). Edmund Tie said all 5 shop units, which are located on the...