Singapore Real Estate

HDB resale prices rise 0.3%, transactions fall 6.8% in Aug: SRX

HDB resale prices edged up in August while resale transactions dipped during the ghost month, going by the latest flash estimates by SRX Property on Thursday. Resale prices climbed 0.3 per cent last month, led by four-room and five-room flats; SRX Property revised its index for July, which now shows a 0.6 per cent drop in HDB resale prices instead of a 0.5 per cent drop.

http://www.businesstimes.com.sg/real-estate/hdb-resale-prices-rise-03-transactions-fall-68-in-aug-srx

http://www.straitstimes.com/singapore/housing/pick-up-in-resale-flat-prices-will-be-slow

http://www.channelnewsasia.com/news/singapore/hdb-resale-volume-slips/2097300.html

http://www.todayonline.com/singapore/hdb-resale-volume-falls-9-august


JBE's Yishun project may have lowest psf price for ECs this year

Signature at Yishun, the first executive condominium (EC) to be launched following the income ceiling hike for EC buyers, is slated to be sold at an average of S$750 per square foot (psf) or less, say market sources. If this indicative average pricing is anything to go by, it will be the lowest psf pricing for ECs this year.

http://www.businesstimes.com.sg/real-estate/jbes-yishun-project-may-have-lowest-psf-price-for-ecs-this-year


Home construction quality standards must be raised

As Singapore celebrates its Golden Jubilee, we have been counting our blessings, showing appreciation to our Pioneer Generation and reflecting on our arduous yet successful journey to building an economic miracle. In recent years, several large home-grown construction companies and developers, including the Housing and Development Board (HDB), have also celebrated their 50th anniversaries. Years of experience and a wide breadth of skill sets make our real-estate industry well respected in South-east Asia.

http://www.todayonline.com/business/home-construction-quality-standards-must-be-raised?singlepage=true


Views, Reviews & Forum

Diversify Smart Nation conversation

Since the launch of the Smart Nation initiative last year ("A smart Singapore in the works"; May 14, 2014), it has been emphasised that the plan is ultimately about meeting human needs and enhancing people's lives, rather than having technology just for the sake of it. Whether deliberate or not, this sets up a false dichotomy -wherein critics of the Smart Nation are portrayed as Luddites who refuse to consider the progressive potential of technology.

http://www.straitstimes.com/forum/letters-in-print/diversify-smart-nation-conversation


Shiny new fixtures for mature town, but residents ask for more to be done

With more than 99,000 voters, the four-member East Coast Group Representation Constituency (GRC) is a sprawling ward with many faces, from a revitalised Bedok Town, to laid-back Changi Village, to rustic Pulau Ubin. Bedok Town may be a mature estate, but its town centre has been given a major facelift in recent years.

http://www.todayonline.com/ge2015/shiny-new-fixtures-mature-town-residents-ask-more-be-done?singlepage=true


Global Economy & Global Real Estate

Emaar to launch luxury homes despite Dubai property slump

http://www.businesstimes.com.sg/real-estate/emaar-to-launch-luxury-homes-despite-dubai-property-slump


Philly landlords bank on Pope's visit to seal marked-up rentals

http://www.businesstimes.com.sg/real-estate/philly-landlords-bank-on-popes-visit-to-seal-marked-up-rentals


Cerberus buying US mortgages shunned by banks

http://www.businesstimes.com.sg/real-estate/cerberus-buying-us-mortgages-shunned-by-banks


Oil plunge hurting North Dakota hotel sector

http://www.businesstimes.com.sg/real-estate/oil-plunge-hurting-north-dakota-hotel-sector


Times Square's very success breeds hassles

http://www.businesstimes.com.sg/real-estate/times-squares-very-success-breeds-hassles


London's car-melting skyscraper wins architectural horrors award

http://www.businesstimes.com.sg/real-estate/londons-car-melting-skyscraper-wins-architectural-horrors-award


Beverly Hills Estate's Record Asking Price Cut to $149 Million

http://www.bloomberg.com/news/articles/2015-09-03/beverly-hills-estate-s-record-asking-price-cut-to-149-million


Alfred Taubman Record $500 Million Art Trove Lands at Sotheby's

http://www.bloomberg.com/news/articles/2015-09-03/alfred-taubman-record-500-million-art-trove-lands-at-sotheby-s


Dubai as Worst Market No Deterrent for Emaar Creekside Homes

http://www.bloomberg.com/news/articles/2015-09-03/dubai-as-worst-market-no-deterrent-for-emaar-creekside-home-plan