Orchard Road reinvigorate by its latest addition Design Orchard

Orchard Road reinvigorated by the new Design Orchard showcasing local talents The Singapore Tourism Board (STB), Urban Redevelopment Authority (URA) and National Parks Board (NParks) announced plans to strengthened Orchard Road‘s position as a lifestyle destination. The early phase of this initiative has seen the launch of Design Orchard and 1 year trial to curate…

Why is Punggol Digital District important to Singapore property

The Importance of Punggol Digital District (PDD) for Singapore property In conjunction with Singapore’s push towards a Smart Nation, the Punggol Digital District (PDD) is earmarked to be a vibrant and inclusive place where technology and social innovation redefine the way people live, work, learn and play. The initiative to create a seamlessly connected green…

Pasir Ris Central GLS white site released by HDB

Pasir Ris Central GLS White Site by HDB The Housing & Development Board (HDB) has launched the first White site at Pasir Ris Central for sale under the Government Land Sales (GLS) Programme. This can be the prelude to what the future holds for  Remaking Our Heartland (ROH) plans for Pasir Ris Town unveiled in April…

URA increases average strata area to combat shoebox apartments

URA increases average strata area to deter the rise in shoebox apartments Who should be aware : Building owners, developers, and architects Effective Date : With effect from 17 January 2019 On 17th October 2018, the Urban Redevelopment Authority (URA) announced a revision on maximum allowable dwelling units in non-landed residential developments to reduce the trend…

URA First Revision Of Development Charge Rates (DC Rates) in 2018

  Published: 28 February 2018 Against the rise of bullish land bids by developers hurrying to boost their land-bank in 2017, the government has hiked development charge (DC) rates for non-landed residential use by 22.8 per cent on average. This is a bigger hike compared with the 13.8 per cent increase during the last revision…

URA releases 4th Quarter 2017 property statistics

The Urban Redevelopment Authority (URA) released today the real estate statistics for 4th Quarter 20171. PRIVATE RESIDENTIAL PROPERTIES Private residential market at a glance: Prices and Rentals Prices of private residential properties increased by 0.8% in 4th Quarter 2017, similar to the 0.7% increase in the previous quarter. For the whole of 2017, prices increased…