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STC takes over Chancery Five project
THE Straits Trading Company (STC) is taking over a private developer and its cluster bungalow project at Chancery Lane. It said on Monday that it would pay an aggregate of some $13.9 million for the...
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Black & white financial district
one-north site may turn into hedge-fund capital THE cluster of 16 black-and-white bungalows in Buona Vista was once home to British troops stationed in colonial Singapore. But the rustic area, called...
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Ex-British army homes may become S’pore hedge-fund hub
NEW LEASE OF LIFE The bungalows, formerly housing British army personnel, are near to Biopolis SINGAPORE is planning to create its own hedge-fund capital modelled after Greenwich, Connecticut, in a...
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Some maids double as ‘hostel manager’ or ‘concierge’
DOMESTIC helpers or hostel managers? When it comes to some maids working in several private houses surrounding the Mt Elizabeth Hospital, the distinction is often not so clear. One such maid, who gave...
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Homes double as hostels for medical tourists
Homes near Orchard Rd hospital found illegally offering budget lodging to patients, travellers Tourists entering a terrace house along Jalan Elok. At least eight houses within a two-minute walk of Mt...
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Landed homes: Lure of scarcity
With relatively few landed home launches, buyers are always keen on older houses in the resale market, writes HAN HUAN MEI WHEN private home prices made their sterling recovery in the second half of...
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GCB market perking up after sluggish 2012 start
The Good Class Bungalow (GCB) market showed improved performance in Q2 2012 following an initial slowdown in Q1 due to the introduction of the additional buyer’s stamp duty (ABSD) which was launched...
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Hougang oddity still unsold after 11 years
A three-storey corner terrace house on a unique wedge-shaped site in Hougang is up for sale below the valuation price, reported The Straits Times. Offered on a 99-year lease and completed in 2002, the...
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Landed homes prices rising fast
Prices of resale landed homes grew faster than their non-landed counterparts during the first half of 2013, according to survey conducted by DTZ. In prime Districts 9, 10 and 11, prices of freehold...
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Historic bungalow put on the market
A 150,000 sq ft colonial bungalow in the Holland Road area has been launched for tender with a guide rental of S$50,400 per month, according to media reports. The 106-year-old property was once...
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Govt measures cool landed homes market
Sales of landed properties in Singapore have fallen in the last few years as a result of the government’s cooling measures, according to analysts. Landed homes comprise approximately five percent of...
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Q2 GCB deals worth $221m
The second quarter of this year could have seen at least S$221 million worth of deals in Good Class Bungalow Areas (GCBAs), according to The Business Times. Based on CBRE’s analysis of caveats data,...
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Only 6 PR applications allowed for landed homes in first half
The number of permanent residents (PRs) granted approval to buy landed homes in mainland Singapore has dropped significantly on the back of government efforts to set aside more of these types of...
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Softer fall in landed home prices
Due to tight supply of landed homes, this segment could see a smaller price drop compared to overall private housing market, according to media reports quoting property experts. Landed home prices...
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What to look out for when selling a Landed Property
Practical Tips Introduction A landed property differs from a condominium unit in many aspects. Firstly, when one buys a landed property, he gets the land that the property sits on, on top of the...
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UOB’s non-performing housing loans hit 10-year high
UOB’s non-performing housing loans soared to 34.2 percent in Q2 2014, or its highest level since Q4 2004, reported the media. The sharp spike surprised Maybank Kim Eng given the perception that UOB is...
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Bigger slide in prices for landed property
Investment outlook remains encouraging LANDED homes are taking more of a hit than apartments in the lacklustre property market, with prices falling and demand drying up. The price index for landed...
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Nanshan Group’s Song family buys GCB in Holland Park
SOME members of the Song family behind Nanshan Group Singapore, which has been increasing its presence in the Singapore property market, are said to have bought a brand-new Good Class Bungalow (GCB)...
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Terrace housing development gets BCA Green Mark Platinum award
A terrace housing development in Serangoon Gardens has become the first landed residential estate to achieve the Building and Construction Authority’s (BCA’s) top-tier Green Mark Platinum award....
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3 landed properties at Amber Rd up for sale by tender
Three adjoining landed properties at Amber Road in the East Coast district have been put up for sale by tender. Marketing agent Credo Real Estate said the three plots of land are owned by separate...
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