Singapore’s urban planners are working on transforming two key locations in the heart of the city into vibrant lifestyle destinations, providing more recreational and leisure spaces for residents and visitors alike. These areas include the former Singapore Chinese Girls’ School (SCGS) campus at Emerald Hill Road and a large 18-hectare plot around Marina One, near […]
Singapore’s population has surpassed a significant milestone, reaching 6.04 million in June 2024, reflecting a 2% increase from the previous year. This marks the first time the country’s population has crossed the six million mark, driven mainly by a 5% rise in the non-resident population, which grew from 1.77 million in 2023 to 1.86 million […]
A few key Federal Reserve officials hinted on Monday (Sep 23) that there may be room for more significant interest-rate cuts, noting that the current rates are still burdening the U.S. economy. Chicago Fed President Austan Goolsbee, speaking at a Q&A event, acknowledged that the central bank has a long way to go to bring […]
Singapore’s urban planners are considering the development of new homes and amenities in the Newton area, aiming to offer more diverse housing options in central locations. The Urban Redevelopment Authority (URA) shared this vision during an ongoing exhibition, emphasizing the creation of new public spaces and improved connectivity while maintaining the area’s rich heritage. The […]
A mother and her son have become the first individuals in Singapore to be charged for providing false and misleading information to the Inland Revenue Authority of Singapore (Iras) in a case linked to the “99-to-1” property arrangement. This legal action comes as part of Iras’ ongoing efforts to clamp down on property tax avoidance […]
Bukit Sembawang’s latest development, 8@BT, saw promising sales during its launch, with just over half of the units snapped up at an average price of S$2,719 psf. The one-bedroom units were particularly popular, achieving a 91% take-up rate, with prices starting from around S$1.34 million, according to Marcus Chu, CEO of ERA Singapore. The two- […]
Malaysia’s Road Transport Department (JPJ) has announced the addition of two new locations in Johor for Singaporean vehicle owners to collect and install their Vehicle Entry Permit (VEP) tags starting from Sept 22. This move is aimed at easing the collection process as demand rises. The new collection points will be at the Johor JPJ […]
Developers have shown a clear preference for proven locations amid current market challenges, as seen on Thursday (Sep 19) when a mixed-use site in Tampines attracted six bids. This state land tender has drawn the strongest interest in a year, a sign that developers remain confident in established areas. A joint venture between Hoi Hup […]
The government’s ambitious plan to develop Singapore’s second Central Business District in Jurong East has hit a temporary roadblock. A consortium of developers submitted a bid for a massive site in Jurong Lake District (JLD), but the Urban Redevelopment Authority (URA) rejected the offer as it was deemed “too low.” The bid came in at […]
On September 12, the Urban Redevelopment Authority (URA) released a residential site at Faber Walk in Clementi as part of the second half of the 2024 Government Land Sales (GLS) programme. The site, measuring 25,795.5 square meters, is expected to accommodate 400 residential units, with a cap of 403 to ensure traffic flow remains manageable. […]
