Tag: URA

reasons why en bloc fever ended

4 reasons why Singapore’s en bloc fever has well and truly ended

If you’re a property developer, the Halloween horror show came early. July 2018 was pretty much the death knell for Singapore’s en bloc fever, and the subsequent months saw more nails being hammered into the collective sale coffin. The numbers make for shocking reading. Following the July cooling measures, more than 30 collective sale sites…

URA guidelines change for new condos: All you need to know

On 17 October 2018, the Urban Redevelopment Authority (URA) — Singapore’s urban planning authority — announced several new guidelines for condominium developments that would take effect early next year*. Among other things, the rules included reducing the maximum number of units allowed in new condominiums outside the Core Central Region (CCR) of Singapore. The reasons…

Airbnb rules in Japan vs Singapore

Airbnb in Singapore condos: Should URA take Japan’s cue?

The attempt to regulate Airbnb in Singapore condos has been a somewhat indecisive affair. Two month’s ago, the Urban Redevelopment Authority (URA) proposed a 90-day cap, 80%-consent rule for Airbnb-type accommodation in private properties, which is the equivalent of allowing a teenager go to his class chalet only after he cleans the whole house, gets…

Holland Village extension

Far East to double size of Holland Village

If there’s one complaint about Holland Village, it would be that it’s too small. But that’s about to change as a Far East Organization-led consortium has won the bid to more than double the size of the existing lifestyle enclave. More Holland Village homes in the pipeline The Holland Village extension site, which sits on…

Singaporean developers required to disclose discounts and other perks to homebuyers

New rules requiring developers to disclose discounts & other perks mean good news for homebuyers

Singapore homebuyers to benefit from new rules that require developers to disclose discounts and other perks unmask the actual value of properties for sale. As of early June, the Urban Redevelopment Authority has been publishing weekly net prices on home transactions that take into account incentives and rebates, such as those for stamp duties. This…

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