Asset Progression SG

06/12/2019

A contract to design and install 5.5km of railway noise barriers under the third phase of the Land Transport Authority’s (LTA) railway noise barrier programme has been awarded to PBT Engineering.

Once completed in 2023, LTA expects the noise barriers to reduce noise levels from passing trains by five to 10 decibels.

29/11/2019

Singapore’s economy is expected to grow 0.5 percent in 2019, with the 2020 growth prediction being below consensus at one percent, reported Singapore Business Review citing Bank of America Merrill Lynch (BofAML) Global Research.

Meanwhile, MAS expects global economic growth in 2019 to slow down “discernibly” and then stabilise in 2020 “barring further shocks”.

22/11/2019

The unique delta-shaped site is zoned Residential under the 2019 Draft Master Plan and has a land area of around 15,871 sq ft with a 1.4 plot ratio.

15/11/2019

Singapore’s core inflation gauge reached a more than three-year low in September as it rose 0.7 percent, a figure slightly less than the previous month, reported Thomson Reuters.

However, overall inflation grew by 0.5 percent from September last year, the same from last month.

08/11/2019

With fewer flats sold, the Housing and Development Board’s (HDB) annual deficit rose to almost $2 billion for the 2018/2019 financial year from the previous year’s $1.7 billion, reported CNA.

HDB saw its annual deficit rise to nearly $2 billion, due to a combination of fewer flat sales, disbursement of CPF housing grants, as well as the expected loss of flats under development.

01/11/2019

Watercove is the latest landmark residential enclave by acclaimed developer Bukit Sembawang Estates Limited

Watercove bagged a host of awards at PropertyGuru's Asia Property Awards this year. Here's what makes the development so special:

25/10/2019

Property developers CapitaLand and City Developments Limited (CDL) are set to open Sengkang Grand Residences for public preview this Friday (25 October), with bookings starting on 2 November.

Located in Sengkang Central, the residential component comprises 680 residential units that are spread across nine blocks. Prices start from $798,000 for the one-bedroom with a study unit.

25/10/2019

The mixed-use development Paya Lebar Quarter (PLQ) by Lendlease has been officially launched, reported The Business Times.

Minister for National Development and Second Minister for Finance, Lawrence Wong said that the mixed development is a "tremendous opportunity to reimagine and remake Paya Lebar for the future, even for the next century".

25/10/2019

Despite rising global uncertainties, the impact of additional cooling measures and lukewarm consumer sentiment, Singapore’s real estate market continued to appear resilient, with private home prices and HDB resale prices both increasing in the third quarter of 2019.

Meanwhile, buyer demand for HDB resale flats has remained surprisingly resilient, with 6,264 resale flats changing hands, which is almost on par with the 6,276 units transacted in Q2 2019.