MediaCorp’s mocca.com partners property giant to give customers better experience

MediaCorp’s mocca.com partners property giant to give customers better experience
 
Singapore real estate agency, HSR, has partnered mocca – MediaCorp’s Online Communities and Classified Advertising – to reach a wider audience.
 
The collaboration is the first of its kind between a real estate giant and an online classifieds portal.
 
With the combined strengths of HSR and mocca, house [...]

Govt revises development charges, geographical sector boundaries

Govt revises development charges, geographical sector boundaries
 
SINGAPORE : The Ministry of National Development, in consultation with the Chief Valuer, has revised the rates of development charges (DC) together with the geographical sector boundaries for the period 1 September 2008 to 28 February 2009.
 
The Chief Valuer has taken into account the current market values in [...]

CapitaLand to divest Malaysian firm Inverfin’s stake

CapitaLand to divest Malaysian firm Inverfin’s stake
 
CapitaLand said it has decided to sell its 30 percent stake in Malaysian company Inverfin to IO Corporation for 22.1 million dollars.
 
Inverfin’s principal asset is the 50 storey office tower, Menara Citibank, located in Kuala Lumpur.
 
In a statement, Capitaland Commercial’s CEO Wen Khai Meng said the sale [...]

Keppel Land expands in Vietnam

Keppel Land expands in Vietnam
 
Of all the Singaporean companies in Vietnam, few have more confidence in the long-term future of Indochina’s largest country than Keppel Land (KepLand), the property arm of one of the island’s largest conglomerates, Keppel Corporation.
 
It’s putting its money where its mouth is with its plans to invest $1 billion in Vietnam’s [...]

It’s necessary to regulate the industry

It’s necessary to regulate the industry
 
Like medical and legal services, we must engage trained and reliable property professionals
 
Many people praised the Competition Commission of Singapore’s recent decision to have the Institute of Estate Agents (IEA) remove its commission guidelines for property agents.
 
The common reason given was that many felt property agents played a minor role [...]

URA calls for tenders for Serangoon Ave 3 reserve list site

URA calls for tenders for Serangoon Ave 3 reserve list site
 
SINGAPORE: The Urban Redevelopment Authority (URA) is calling for tenders for its reserve list site at Serangoon Avenue 3.
 
The 1.3 hectare site has been earmarked for residential development and is in a private residential estate next to the future Lorong Chuan Mass Rapid Transit [...]

Saizen REIT holding back from acquisitions for now

Saizen REIT holding back from acquisitions for now
 
Mainboard-listed Saizen REIT says it’ll not be making any new acquisitions for the time being, as it plans to maintain a prudent financial stance amid the ongoing global financial crisis.
 
The trust, which focuses solely on Japanese property, says it does see some distressed assets in the [...]

HDB Lease Buyback Scheme could be implemented in January 2009

HDB Lease Buyback Scheme could be implemented in January 2009
 
SINGAPORE: The Lease Buyback Scheme (LBS) to help low-income households monetise their flats for their retirement needs could be implemented as early as January next year.
 
Senior Minister of State for National Development Grace Fu gave this update in Parliament on Tuesday when replying to a [...]

URA releases sales conditions for reserve hotel site at Short Street

URA releases sales conditions for reserve hotel site at Short Street
 
SINGAPORE: The Urban Redevelopment Authority (URA) has released detailed sales conditions for a reserve site at Short Street for hotel development.
 
The site, located within the Bras Basah and Bugis district, is one of two new hotel sites scheduled for release for application under the [...]

Lian Beng subsidiary to build S$99.5m Ritz-Carlton Residences

Lian Beng subsidiary to build S$99.5m Ritz-Carlton Residences
 
SINGAPORE : Homegrown construction group Lian Beng has clinched a contract worth S$99.5 million to build a high-end residential project at Cairnhill Road.
 
Lian Beng will build The Ritz-Carlton Residences through its Millennium International Builders unit.
 
The deal was awarded by Royce Properties, a subsidiary of Hayden Properties. [...]