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Subscribe to this list via RSS Blog posts tagged in Decentralisation Strategy for Future Population Increase

Singapore Is Crushing Hong Kong in the Race to Cut Home Prices

Posted by Property Launch Invest on Wednesday, 26 October 2016 in Property News

Home sales in Singapore slump as Hong Kong sees rebound
Hong Kong home rally poses headache for chief amid wealth gap

On the surface, the property markets in Singapore and Hong Kong have much in common. The two Asian financial hubs have both moved to rein in runaway home prices in recent years as they sought to make housing more affordable.

$15 billion losses in private property market

Posted by Property Launch Invest on Sunday, 22 March 2015 in Property News

The private condo market has lost more than $15 billion in market value since its peak in prices in January 2014.

SRX Property used X-Value, its valuation algorithm, to calculate the value of all transacted flats (recorded) at the market's peak and then compared it with the value at 31 December 2014.

Yishun: Up-and-coming Town

Posted by Property Launch Invest on Wednesday, 28 January 2015 in Property News

Set in the northern part of the island, Yishun is considered as a far-flung mature estate with an older demographic profile.

But interest in this sleepy town looks set to be reviving for two reasons.

In the land use plan, "A High Quality Living Environment for all Singaporeans", of the latest population white paper, Yishun is one of 3 estates slated for rejuvenation in the first stage of HDB’s Remaking Our Heartland (ROH) programme.

Business-leisure hub plans will boost home prices: Jurong

Posted by Property Launch Invest on Wednesday, 27 August 2014 in Property News

Ambitious new plans to make Jurong a business and leisure centre will likely boost home prices, property consultants told The Straits Times yesterday.

Optimism about the area was lifted with the Sunday announcement that a new Jurong Lake Gardens will be developed in conjunction with other projects already under way nearby.

A Science Centre will also be built and there is also a possibility that the terminal for the Singapore-Kuala Lumpur High Speed Rail will be in Jurong.

The new plans underscore Jurong's development as the largest commercial hub outside the Central Business District (CBD), which has been going on apace for some years.

Can Singapore safely deflate its property market?

Posted by Property Launch Invest on Tuesday, 12 August 2014 in Property News

Singapore's famously efficient government faces a challenge that has stymied many a country before: safely guiding its toppish property market to a soft landing as interest rates rise.

Property prices in the city-state have surged over 60 percent since 2009, propelled by rock-bottom global interest rates and quantitative easing in developed economies, even as Singapore's government has enacted a series of cooling measures to prevent a bubble from forming.

Taming Singapore's property market

Posted by Property Launch Invest on Thursday, 07 August 2014 in Property News

INITIAL reports of the property market's demise appear to have been slightly exaggerated.

After policymakers imposed strict curbs on consumer loans last June under total debt servicing ratio (TDSR) rules, analysts predicted that private home prices would plunge by up to 10 per cent this year.

Some warned that home sales could grind to a near halt, quipping that TDSR actually stood for "total destruction of Singapore real estate".

So far, however, the slowdown in prices has been far milder than expected.

Woodlands hospital to showcase new ideas

Posted by Property Launch Invest on Tuesday, 22 April 2014 in Property News

Khaw wants integrated health care complex to be connected with homes and nature.

A new integrated health-care complex coming up in Woodlands promises to be like no hospital seen so far in Singapore. It includes an acute care hospital, community hospital and nursing home, will open in phases from 2022.

When completed, the development will provide some 1,800 beds.

The complex will be built on a 7.7ha site along Woodlands Avenue 12 and Woodlands Drive 17, opposite Christ Church Secondary. It will be within walking distance to the future Woodlands South MRT Station.

The plot of land which will be used to build the new Woodlands General Hospital, taken on Feb 15, 2014. A new integrated health-care complex, which includes an acute care hospital, community hospital and nursing home, will open in phases from 2022 in Woodlands. -- ST PHOTO: MARK CHEONG

There are no architect's designs or artist's impressions, but National Development Minister Khaw Boon Wan's brief for the planners is to break new ground, make it different and connect it with homes and nature.

Altogether, there will be up to 1,800 beds in a general hospital, community hospital and nursing home due to open in phases from 2022, he said at a community event yesterday at Woodlands Civic Centre.

PROPERTY LAUNCHES & INVESTMENTS