Share Maids Still Can’t Use The Pools And Other Facilities By Jax Lee / 4 years ago Some condominiums in Singapore continue to enforce strict rules preventing domestic helpers from using the facilities, such as swimming pools and gymnasiums, as they are meant for homeowners only. PropertyGuru understands that this is a long-standing practice implemented by a number of Management Corporation Strata Titles (MCSTs), also known as condo managing agents, due to […]
Share $30m Good Glass Bungalow (GCB) Put Up For Auction By Jax Lee / 4 years ago The 15,211 sq ft property in Dalvey Estate is currently being rented out at $26,000 per month. (Photo: Edmund Tie & Company) A freehold good class bungalow (GCB) in the exclusive Dalvey Estate GCB area will be put up for auction by owner’s sale at the end of this month, said sole marketing agent Edmund […]
Share Singapore: No Easing Of Property Curbs Until 2017 By Jax Lee / 4 years ago Although home prices may start bottoming out in the next few quarters, which could prompt a moderate recovery from 2018, easing of property cooling measures are not expected until next year at the earliest, according to property experts at the Real Estate Developers’ Association (Redas) property market seminar on Tuesday (12 July), and reported TODAYonline. […]
Share Singapore: Making The Case For A Car-Lite Future By Jax Lee / 4 years ago Drivers in Singapore spend nine hours commuting on the roads each week instead of engaging in leisure activities, according to a new study by the Urban Land Institute (ULI) Singapore and the Centre for Liveable Cities (CLC). In fact, the average motorist wastes a total of 2,549 hours, or 106 days of their lives, looking […]
Share Small House Movement In Singapore By Kim Wong / 4 years ago Everyone has their own dream house. However, many of the couples are upset as they can’t afford for a house due to current property market keep rising as well as difficult to apply the mortgage loan. Due to this reason, many of the property developers are likely to take advantage of this opportunity to starting to develop […]
Share Homeowners Not Liable For Damage To Neighbour’s Property By Jax Lee / 4 years ago Property owners are not expected to supervise the work of contractors whom they hire, revealed the High Court in rejecting a move by a neighbour to make a homeowner liable for the damages caused by the contractor. “It would be intolerable if the law were to hold that all landowners who seek to construct homes […]
Share Private Residential Leasing Market To Soften Further By Jax Lee / 4 years ago Weakening demand and record levels of new housing supply have contributed to a softening private residential leasing market over the past two-and-a-half years, with the Urban Redevelopment Authority’s (URA) rental index for private homes falling by 9.1 percent from Q3 2013 to Q1 2016, revealed a JLL report. To meet pent-up demand following the 2008 […]
Share Singapore: The World’s Fourth Most Expensive City By Jax Lee / 4 years ago Singapore has maintained its ranking from last year as the world’s fourth most expensive city for expatriates, according to Mercer’s 2016 Cost of Living Survey. Hong Kong topped the list, pushing Angolan capital Luanda to second place. Zurich remained in third place, while Tokyo climbed to fifth. Kinshasa and Shanghai took the sixth and seventh […]
Share Developer Attract Buyers With Leasing Scheme By Jax Lee / 4 years ago Property developer TG Development has unveiled a new scheme that will allow buyers to rent a unit at Lloyd Sixtyfive in River Valley before deciding to purchase it. Under its Experiential Leasing Scheme, a potential buyer can sign a two-year lease and pay the rent and refundable deposit upfront to stay in a brand new […]
Share Some Developers Offer 30% Discount By Kim Wong / 4 years ago To avoid paying hefty extension charges, some property developers are resorting to big discounts and creative marketing schemes to move units at various high-end residential projects, according to UOB Kay Hian and reported Singapore Business Review. Wheelock Properties, for instance, is offering an ABSD assistance package at Ardmore Three, offering buyers discounts of 13 to […]