Strong interest for HDB sales exercise

A five-room flat at Pinnacle@Duxton (pictured) received 203 bids by the time applications closed on Wednesday, said The Straits Times. Pinnacle@Duxton is believed to be one of the Housing and Development Board’s (HDB) best projects, and is within close proximity to the central business district (CBD) and MRT stations. It was reported that the 1,140
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Shunfu HUDC fetches record S$1.28m

By Romesh Navaratnarajah: Less than a week after an executive flat in Queenstown was sold for S$1 million, it has been reported by The Straits Times that a HUDC flat at Shunfu Road in Bishan was sold in July at an eye-popping price of S$1.28 million, or around S$762 per sq ft. This sets a
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Million dollar HDB deal almost final

By Romesh Navaratnarajah: The million-dollar deal for a HDB flat in Queenstown is close to being completed, as the buyer, a new Singapore citizen, and seller agreed on the price at their first appointment with the Housing and Development Board (HDB) yesterday. Located on a high-floor at a 16-storey block at Mei Ling Street, the
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Bishan maisonette sold for record S$980,000

By Romesh Navaratnarajah: A Housing and Development Board (HDB) executive maisonette in Bishan has been sold at a whopping price of S$980,000 or S$550 psf, a new record for the costliest HDB resale flat. Sold by a Singaporean woman, the unit was bought by a Singaporean and her China national father, reported The Straits Times.
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Asia’s priciest condo sold for record S$76m

By Romesh Navaratnarajah: A high-end apartment located in the upmarket Peak residential area in Hong Kong has been sold for a record HK$470 million (S$76 million). Hong Kong media reported that an unidentified buyer paid a psf price of HK$75,806 (S$12,227) for the 6,200 sq ft unit that takes up the entire eighth floor of
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GCB for sale, price tag: S$106m

By Romesh Navaratnarajah: A Good Class Bungalow (GCB) at Nassim Road is on the market for a staggering S$106 million. If sold for that amount, it would be the most expensive home sold on mainland Singapore to date. Listed on PropertyGuru, the asking price for the GCB beats all previous records. The eight-bedroom house sits
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Super-prime home sales jump 80% in July

By Romesh Navaratnarajah: Private home sales in the month of July for Singapore’s Core Central Region (CCR) jumped by almost 80 percent month-on-month to reach 253 units. Data from the Urban Redevelopment Authority (URA) showed that figures were boosted by robust sales at the 510-unit V On Shenton (pictured). Comprising of one 53-storey tower, the
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Shoebox homes get space-saving features

    By Romesh Navaratnarajah: Shoebox units, which are no more than 500 sq ft in size, are gaining in popularity with home buyers, given their lower prices. In fact the URA (Urban Redevelopment Authority) has forecast supply of small units to grow to 8,200 by end-2015 from just 2,400 presently. As such, property developers
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Sentosa Cove bungalow asks a whopping S$108m

                          By Romesh Navaratnarajah: A two-storey bungalow located at Ocean Drive in Sentosa Cove (pictured) has been put up for sale at a whopping price of S$108 million, which works out to around S$9,000 psf. Multiple listings of the 103-year leasehold property were
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Katong Regency set for Thursday launch

      By Romesh Navaratnarajah: Property developer UOL Group is set to launch its latest freehold mixed development this Thursday. Called Katong Regency (pictured), the 244-unit project is located on the former site of Lion City Hotel and Hollywood Theatre along Tanjong Katong Road. It comprises three residential towers situated atop a three-storey retail
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