Singapore Real Estate

September BTO launch to be merged with November's: MND

The Ministry of National Development (MND) has decided to delay the September build-to-order (BTO) launch by a few weeks, so that three housing policies that were recently tweaked can benefit as many Singaporeans as possible, starting from the very next BTO launch.

http://www.businesstimes.com.sg/real-estate/september-bto-launch-to-be-merged-with-novembers-mnd

http://www.straitstimes.com/singapore/housing/launch-of-12000-flats-to-include-bidadari-units


Flexi scheme 'unlikely to hurt singles' chances of getting an HDB flat'

Single applicants' chances of getting a new flat are unlikely to be hurt by the upcoming new Two-Room Flexi scheme, although the quota of flats set aside for them is changing, said the Housing Board in response to queries on Wednesday (Sept 23). The Two-Room Flexi scheme merges and replaces the studio and two-room flat schemes. Studio apartments were previously meant for only the elderly.

http://www.straitstimes.com/singapore/housing/flexi-scheme-unlikely-to-hurt-singles-chances-of-getting-a-flat


CDL, JBE in battle for EC buyers in Yishun (Amended)

The long-awaited contest for buyers between two adjacent executive condominium projects in Yishun St 51 is set to take place. Listed property heavyweight City Developments starts accepting e-applications for The Criterion from Thursday, the same day JBE Holdings unveils prices for Signature at Yishun.

http://www.businesstimes.com.sg/real-estate/cdl-jbe-in-battle-for-ec-buyers-in-yishun-amended

http://www.straitstimes.com/singapore/online-applications-for-ec-in-yishun-open-today


Balancing home affordability with price appreciation

The previous election cycle was a tough one for the property market. SRX Property research showed that when the General Election was held in May 2011, the market capitalisation for resold HDB flats was S$63.9 billion. Today, as of this month’s General Election, the market cap stood at S$64.3 billion. This is a 0.7 per cent increase, which translates to an annualised increase of only 0.2 per cent.

http://www.todayonline.com/business/balancing-home-affordability-price-appreciation?singlepage=true


Singapore's retail sales tracking leaves an undesirable discount

The tracking of retail sales in Singapore could be making a major discount: that of the growing volume of overseas online purchases by Singaporeans. For data trackers, this suggests a significant gap in measuring consumer spending here.

http://www.businesstimes.com.sg/government-economy/singapores-retail-sales-tracking-leaves-an-undesirable-discount


Modern makeover of heritage shophouses

Three heritage shophouses, three very different interiors. That is the focus of the latest issue of digital magazine The Life, which launches today on The Straits Times Star E-books app. The owners interviewed have done up their homes in ways that seamlessly blend the old with the new.

http://www.straitstimes.com/lifestyle/home-design/modern-makeover-of-heritage-shophouses


Construction sector urged to embrace Design for Manufacturing and Assembly process

Amid the push for productivity, the construction sector has been urged to embrace the Design for Manufacturing and Assembly (DfMA) process. At a Singapore Contractor's Association dinner on Wednesday (Sep 23), Minister of State for National Development Desmond Lee said this will help contractors build faster and achieve higher quality, while being more environmentally-friendly.

http://www.channelnewsasia.com/news/business/singapore/construction-sector-urged/2146618.html


SEF Group's prefab hub opens in Kaki Bukit

If you're walking along a quiet lane near Bedok Reservoir in the wee hours and hear something go bump, it's probably just the world's tallest automated precast storage rack system moving concrete slabs around - yes, even at 4am.

http://www.businesstimes.com.sg/real-estate/sef-groups-prefab-hub-opens-in-kaki-bukit


More land for integrated construction and prefabrication hubs to reduce construction manpower

The Republic plans to release more land for complexes where building components can be put together in a factory environment, so as to reduce the need for manpower in the construction sector, said Senior Minister of State for Trade and Industry and National Development Lee Yi Shyan on Wednesday (Sep 23).

http://www.channelnewsasia.com/news/business/singapore/more-land-for-integrated/2145760.html


Views, Reviews & Forum

Keep property curbs for a healthy economy

As a young person, I am not in favour of calls to do away with real estate curbs ("'Property cooling measures to stay'"; last Friday, and "Is it time to lift property curbs?"; Wednesday). The middle-aged segment of the population is one group that appears to seek an endless increase in property prices. This is a selfish attitude because over time, young people, with relatively low incomes, are simply priced out of the property market.

http://www.straitstimes.com/forum/letters-in-print/keep-property-curbs-for-a-healthy-economy


Global Economy & Global Real Estate

The smartest building in the world

It knows where you live. It knows what car you drive. It knows who you are meeting today and how much sugar you take in your coffee - at least it will, after the next software update. This is the Edge, and it is, quite possibly, the smartest office space ever constructed.

http://www.straitstimes.com/world/europe/the-smartest-building-in-the-world


How Frank Gehry became Frank Gehry

http://www.businesstimes.com.sg/real-estate/how-frank-gehry-became-frank-gehry


New York builders may have to keep 25% of homes for low-income residents

http://www.businesstimes.com.sg/real-estate/new-york-builders-may-have-to-keep-25-of-homes-for-low-income-residents


Report faults UK govt's land sales scheme

http://www.businesstimes.com.sg/real-estate/report-faults-uk-govts-land-sales-scheme


Thailand plans measures to help property sector: minister

http://www.businesstimes.com.sg/real-estate/thailand-plans-measures-to-help-property-sector-minister


BioMed Realty Trust exploring sale: sources

http://www.businesstimes.com.sg/real-estate/biomed-realty-trust-exploring-sale-sources


FBI's HQ replacement mired in money issues

http://www.businesstimes.com.sg/real-estate/fbis-hq-replacement-mired-in-money-issues


Manhattan oasis, senior housing vie for space

http://www.businesstimes.com.sg/real-estate/manhattan-oasis-senior-housing-vie-for-space


Why Americans are spending more on rent

http://www.businesstimes.com.sg/real-estate/why-americans-are-spending-more-on-rent


Mortgage bonds take a hit in Russia too

http://www.businesstimes.com.sg/real-estate/mortgage-bonds-take-a-hit-in-russia-too


Chinese firm to invest in UK housing projects

http://www.businesstimes.com.sg/real-estate/chinese-firm-to-invest-in-uk-housing-projects


Shanghai Zendai's S African 'city' takes off

http://www.businesstimes.com.sg/real-estate/shanghai-zendais-s-african-city-takes-off


Raimon Land prices out speculators

http://www.businesstimes.com.sg/real-estate/raimon-land-prices-out-speculators


Aide to China billionaire developer admits to unlawful-activity funding

http://www.businesstimes.com.sg/real-estate/aide-to-china-billionaire-developer-admits-to-unlawful-activity-funding


Indian developer fined 72.7b rupees for raising funds without approval

http://www.businesstimes.com.sg/real-estate/indian-developer-fined-727b-rupees-for-raising-funds-without-approval