Two URA sites at Jalan Tembusu and Lentor Hills Road (Parcel A) were the first to close after the recent cooling measures were rolled out on 16 Dec. The response showed that developers were still keen on replenishing their land bank, but with a more subdued and cautious approach. Both sites received only 4 to...
The post Jalan Tembusu and Lentor Hills Parcel A sites received highest bids of S$768m and S$586.6m respectively appeared first on 99.co.
Just two weeks after Hong Kong-listed conglomerate Shun Tak Holdings won the S$556.7 million tender for High Point on Dec 9, it pulled out of the purchase without explanation. By doing so, they forfeited their S$1 million tender deposit. Shun Tak would not have been affected by the change in Additional Buyer’s Stamp Duty (ABSD) as...
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We’re certainly not looking forward to the mandatory spring cleaning before CNY, so here are a few hacks to help speed it up!
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With the introduction of cooling measures and social distancing restrictions on year-end festivities, December 2021’s developer sales (excluding Executive Condominiums, or ECs) declined 58% month-on-month to 650 units. On a year-on-year basis, developer sales were also down 46.6%, which is about half of December 2020’s volume (1,217 units). At that time, sales were then boosted...
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