Are we seeing more Hong Kong residents buying or renting properties in Singapore?

Even before COVID-19 was declared a pandemic in March 2020, Hong Kong was already in crisis with pro-democracy street protests, curfew rumours and disruptions to commuters due to the controversial extradition bill of 2019. At the time, Bloomberg reported a surge from anxious expatriates sizing up schooling options beyond the former British colony to send...

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Dual-key condo: Analysing the pros and cons

Dual-key condo units first hit the market with the launch of Caspian by Frasers Centrepoint Homes back in 2009. Since then, developers have caught on, launching numerous projects across Singapore that feature dual-key units. Some new launch condo projects featuring dual-key units include Parc Clematis, La Mariposa and Piccadilly Grand. With dual-key units, owners essentially...

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What is the Land Acquisition Act, and can it be enforced on properties like Kampong Lorong Buangkok?

These days, more than three-quarters of the land in Singapore belongs to the government. However, this was only possible due to the Land Acquisition Act, which allows the government to acquire private land for public purposes. This includes freehold land, which, unlike leasehold land plots, technically belongs to the owner indefinitely. The most recent case...

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The hype behind Greater Southern Waterfront

On April 12, the Urban Redevelopment Authority (URA) announced its housing development in Greater Southern Waterfront. When completed, the existing 48-hectare land of the Keppel Club will have a total of 9,000 residential units, including 6,000 public housing flats and 3,000 private residential units. Property consultants know better than HDB and URA? Real estate stakeholders... [read more]

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Olive Road GCB sold at record S$50.2m to Wee Thiam Siew’s grandson

The grandson of property tycoon and hotelier Wee Thiam Siew has bought a GCB at Olive Road for S$50.2 million earlier in April. This transaction broke the record for the Olive Road GCB area previously set by the S$36 million (S$1,537 psf for the 23,424 sq ft site) purchase by Secretlab CEO Ian Ang last...

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