FOLLOWING the government's clampdown on Monday on the re-issuance of options to purchase (OTPs) by private housing developers, the head of the developers' body has urged the government to urgently consider allowing first-time upgraders from a HDB flat to a private property to defer payment of the additional buyer's stamp duty (ABSD) till six months after the completion of the private property.
UNITHOLDERS of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) on Tuesday voted "resoundingly" in favour of the proposed merger of CMT and CCT to form a new real estate investment trust (Reit), though CCT unitholders had lower percentage approvals than CMT unitholders.
REAL estate agency ERA Singapore sold a two-and-a-half storey semi-detached house for S$3.4 million in eight minutes at its first virtual property auction on Monday.
A SECOND childcare-related property is up for sale this week, with consultancies calling such assets "rare".
THE Built Environment Living Lab Framework (BE LLF) has been launched to enable test-bedding of innovative solutions in urban spaces.
A SUBSIDIARY of Singapore and Australia-listed property group United Overseas Australia (UOA) is proposing the sale of UOA Corporate Tower in Kuala Lumpur to UOA Real Estate Investment Trust (UOA Reit) for RM700 million (S$230.5 million).
ALTERNATIVE arrangements for meetings - such as companies' virtual annual general meetings (AGMs) - can now continue till June 30 next year.
THERE may be a broader trend of HDB upgraders recycling their public housing flats into private homes given the robust sales volumes at recent private residential projects, particularly that of Penrose.
FRASERS Centrepoint Trust's (FCT) private placement has closed about 2.8 times subscribed and priced at the bottom end of the range, with the upsize option not exercised.
REAL estate investment firm MYP, which is controlled by Indonesian billionaire Tahir's family, on Monday announced it plans to sell ABI Plaza in Tanjong Pagar for S$200 million.
THE most shocking thing about Rio Tinto Group's demolition of a 46,000-year-old Aboriginal site in Australia's remote Pilbara region is how commonplace it was.
THE Urban Redevelopment Authority (URA) has curbed private housing developers from re-issuing the option to purchase (OTP) to the same buyers of the same unit with immediate effect, amid worries that "financial discipline" is slackening despite the recession.
THE family of Singaporean billionaire Goh Cheng Liang is said to be the buyer of a bungalow sitting on 101,550 square feet of freehold land in Garlick Avenue.
IT was not too long ago that Singapore's malls were eerily silent, as the "circuit breaker" kept consumers at home and rendered the once bustling shopping centres a veritable ghost town.
THE manager of Frasers Centrepoint Trust (FCT) is undertaking a private placement at an issue price of between S$2.35 and S$2.435 per unit, as well as a non-renounceable preferential offering at between S$2.34 and S$2.42 per unit.