Urban Redevelopment Agency (URA)

Property

Singapore home sales reach 11-month high as demand returns

Developers sold 738 new private units in October, according to data released Friday by the Urban Redevelopment Authority. That compares with 401 in September, and is the most since last November.
GuocoLand-led JV wins tender of Lentor Gardens land parcel at bid price of $486.8 mil - THE EDGE SINGAPORE

Property

GuocoLand-led JV wins tender of Lentor Gardens land parcel at bid price of $486.8 mil

The JV plans to build a residential development of about 530 units. It is expected to be ready for launch in 2H2024.

Property

Bukit Sembawang Estates successfully acquires Bukit Timah Link land parcel at tender price of $200 mil

The group says it intends to develop the land into a 20-storey development with 160 residential apartments and communal facilities

New appointments

Katrina Group promotes hospitality subsidiary's general manager to COO

The subsidiary expects to add more fully serviced condo units and hotel rooms to its Singapore portfolio before the year's end.

Company in the news

Katrina Group CEO to attend interview in relation to URA investigation

The investigation was related to “possible breaches” of the minimum stay requirement provided by the group's hospitality segment.
Singapore home prices see slight increase, but outlook expected to be flat

Property

Singapore home prices see slight increase, but outlook expected to be flat

SINGAPORE (Oct 1): Singapore’s private residential property index has increased by 1.4 points from 150.8 points in 2Q19 to 152.2 points in 3Q19, representing a 0.9% increase, compared to a 1.5% increase last quarter.
Downtown Singapore is a new property playground

Property

Downtown Singapore is a new property playground

(Sept 29): Singapore’s property industry is coming to terms with the idea that, in about a decade, the city may no longer have a central business district. Landlords couldn’t be more chuffed.
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