Tag: developer

Property jargon: No-sale license

Property Jargon of the Day: No-Sale License

Everyday at 99.co, we pick a piece of property jargon to demystify for you. Today, we look at the No-Sale License: No-Sale License (somebody did a bad, bad thing) Most property developers are granted a Sale License once their Building Plan Approval is received. This allows them to start selling units in the project, even…

construction renovation works cease covid

All construction and renovation works to cease from 7 April: BCA

In line with the Singapore government’s Covid-19 circuit breaker measures that includes the suspension of all non-essential activities at workplace premises, the Building and Construction Authority (BCA) has issued an advisory stating that all construction and renovation work nationwide are to cease for one month, from 7 April 2020 to 4 May 2020 inclusive: “…all…

building in black and white and red

Laurel Tree and Sycamore Tree Developer Goes Bust

For the first time since the Asian Financial Crisis, a property developer has gone bust. Two projects, the Laurel Tree and Sycamore Tree, are now under receivership. What are Laurel Tree and Sycamore Tree? They are both incomplete freehold condos.  Both were supposed to receive their Temporary Occupancy Permit (TOP) in 2016. However, as late…

extravagant developments

Whacky features part of package as developments court sales

Flying fox facilities, a boxing ring and movie theatres are on offer in new developments, as developers try to rev up sales amid a buying slump. New developments now come with quirky amenities to cater to buyers with specific and quality lifestyles, further distinguishing themselves from public housing flats. Gone are the days where a…

hougang-capeview-conquas

Congratulations to HDB & Qingjian International for winning the first-ever top award for construction quality @ Hougang Capeview

The Housing and Development Board (HDB) has awarded Hougang Capeview, a Build-To-Order project at Upper Serangoon Road, the CONQUAS Star – its first-ever top award for construction quality Introduced in 1989, (Construction Quality Assessment System) CONQUAS is the BCA’s standard assessment system for the quality of developments, and can be viewed as the industry’s national yardstick…

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