Monthly Archives: May 2018

  • SLP-Newsroom_Website_TODAYonline_2018.05.31

    Malaysia’s HSR decision could leave a ‘hole’ in Jurong Lake District: Analysts

    May 31, 2018

    The full article can be found on TODAYonline, Singapore Section, 31 May 2018. The High Speed Rail (HSR) project designed to bridge Singapore and Malaysia has been discontinued, and the consequences of Malaysia’s decision include twelve hectares of land secured by the Singapore Government to be left empty. With many establishments making room for the […]

  • SLP-Newsroom_Website_The_Straits_Times_2018.05.29

    Completed condo, private apartment prices slip 0.3%

    May 29, 2018

    The full article can be found in The Straits Times, Business Section, Page C2, 29 May 2018. Following the price increase in private apartments and condominiums from February to March 2018, prices from March to April 2018 has recorded a 0.3 per cent dipped, which was driven by a 0.8 per cent decrease in prices […]

  • SLP-Newsroom_Website_Channel-NewsAsia_2018.05.29

    High Speed Rail (HSR) derailed

    May 29, 2018

    Malaysia Prime Minister, Mahathir Mohamad, has confirmed the decision to scrap the Kuala Lumpur-Singapore High-Speed Rail (HSR) project. However, the derailed project is unlikely to affect the demand for properties in Jurong Lake District. Nicholas Mak of real estate investment firm ZACD, advised, “We must bear in mind that the Singapore Government actually announced in […]

  • SLP-Newsroom_Website_The_Straits_Times_2018.05.29

    Kim Keat project the top draw in May Build-To-Order launch, which features new measures to help young couples

    May 29, 2018

    The full article can be found in The Straits Times, Home Section, Page B4, 29 May 2018, and is also published in Chinese, which can be found in Lianhe Zaobao, Singapore Section, Page 8, 29 May 2018. In Housing & Development Board’s (HDB) first sales exercise since income assessment rules were relaxed to help first-time […]

  • SLP-Newsroom_Website_The_Straits_Times_2018.05.28

    Less than a year before lease runs out for Bugis Village tenants

    May 28, 2018

    The full article can be found in The Straits Times, Home Section, Page B1, 28 May 2018. Popular Bugis Street market, Bugis Village, is in the final year of a 30-year lease, which will expire on 31 March 2019. Both tenants and patrons are uncertain about the future plans and the Singapore Land Authority said […]

  • SLP-Newsroom_Website_Channel-NewsAsia_2018.05.25

    What does HDB flat ownership really mean?

    May 25, 2018

    Even as the Housing & Development Board (HDB) launched about 7,000 flats for sale under the Build-To-Order (BTO) and Sales of Balance flats (SBF) exercise in May, questions remain as to what homeownership really means in Singapore. HDB resale market continues to be lackluster. Prices of resale flats have fallen for 6 consecutive quarters. This […]

  • Screen Shot 2018-05-25 at 10.48.13 AM

    Citibank & SLP – Property Outlook 2018

    May 25, 2018

    Where is Singapore’s industrial & office property market heading this year? Regularly sought after for his expert views on real estate matters, Nicholas Mak, explains in Citibank’s Property Outlook Seminar 2018 on 27 March. Watch the video to find out more.

  • SLP-Newsroom_Website_2018.05.24

    72-unit condo complex Balestier Regency up for sale for S$218m

    May 24, 2018

    The full article can be found in The Business Times, Real Estate Section, Page 17, 24 May 2018. Another condominium in Balestier is up for collective sale. The 72-unit Balestier Regency is expected to fetch some S$218 million. This indicative price translates to a land rate of S$1,264.9 per square foot per plot ratio (psf […]

  • SLP-Newsroom_Website_Channel-NewsAsia_2018.05.22

    HDB Flat Launch

    May 23, 2018

    Some 7,000 new flats have been launched by the Housing & Development Board (HDB) and it is the first sales exercise since income assessment rules were relaxed to help first-time buyers get their homes more quickly. Eligible first-time buyers can enjoy up to S$80,000 of housing grants and could pay as little as S$330,000 for […]

  • SLP-Newsroom_Website_2018.05.21

    Far East Plaza Faces Massage Parlour Blues

    May 21, 2018

    The full article can be found in The Straits Times, Home Section, Page B1, 21 May 2018. Fashion retailers and beauty shops at Far East Plaza have now become massage parlours. The dipped in occupancy rates has caused a shift in services at Far East Plaza and other malls. ZACD Executive Director and Chief Investment […]

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