(SINGAPORE) The launch of new developments helped pull up developer sales to 192 units in November, up from just 112 units in October.The number of units launched by developers increased from 159 units in October to 382 units in November.Urban Redevelopment Authority's (URA) monthly real estate data also revealed that the number of launch-ready units hit 6,512 units in …

PRICES in the the already fragile property market could be battered even more from next year if some of the 10,450 homes bought on deferred payment are dumped by cash-strapped buyers.The danger is that when final payments are due at completion stage, buyers faced with falling values may just sell at fire-sale levels, putting even more pressure on prices.And a key reason for …

THINK water and you will have a good idea of the main theme running through the winning design for an ambitious $25 million makeover for Punggol.The blueprint revealed yesterday aims to revive the coastal town's heritage as a fishing village by capitalising on its maritime setting.There will be a 10km cycling trail in a rustic setting along the 4.2km waterway and a pedestrian …

(SINGAPORE) At least 1,000 projected new apartment units can be expected to be withdrawn from immediate supply in Singapore's property market, as properties that were sold en bloc in recent years are put back on the market for rental.The latest of these is Lucky Tower at Grange Road which was bought by City Developments Ltd (CDL) in May 2006.A CDL spokesman said that the …

SINGAPORE looks a pretty good bet for long-term property investors, given its strong savings rate, low corporate taxes and near-full employment, according to a key real estate player here yesterday.And if prices fall further next year, it would be a good time to buy, said Mr Christopher Fossick, Jones Lang LaSalle's managing director for Singapore and South-east Asia at a …

ONLY 192 new private homes were sold last month, sparking concerns that total sales this year could plunge to levels not seen since 1990.CBRE Research tips a total sales figure of around 4,300 units - a striking plunge from the boom last year when a record 14,811 new private homes changed hands.If the projection pans out, private home transactions this year will be the lowest …