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Singapore world’s most expensive city for expats for 4th year running: Survey

For the fourth consecutive year, Singapore has been ranked the world’s most expensive city for expatriates to live in, in a survey by the Economist Intelligence Unit (EIU). The Worldwide Cost of Living 2017 report listed five Asian cities in … Continue reading

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Singapore ranked best place to live in Asia for expats: Mercer’s survey

Singapore was ranked as the best place to live in Asia for expatriates and 25th best in the world in the 19th Quality of Living survey by consulting firm Mercer’s released on Tuesday (Mar 14). Vienna, Austria’s grand capital on … Continue reading

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More co-working spaces sprouting up in CBD as demand rises

Property developers are leasing more space to co-working space operators, even as demand rises from businesses in the new economy looking for flexible work areas. Currently, there are 53 co-working space locations in Singapore, almost one-third of which are in … Continue reading

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Singapore property still a top draw for Asia’s ultra-rich

SINGAPORE’s property market remains high on the agenda of Asia’s ultra-rich, notwithstanding the cooling measures still in place. Its commercial properties are a top consideration for Asian ultra high net worth individuals (UHNWIs) keen on this asset class, moderately ahead … Continue reading

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Short-term rentals of private property illegal, but Govt mulling alternatives

The use of private property for accommodation of less than six months was legislated as illegal in Singapore on Monday (Feb 6), making it unlawful for owners to rent out their homes via online homestay networks such as Airbnb and … Continue reading

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Red Dot Traffic Building to be restored to original off-white colour

The Red Dot Traffic Building, known for its eye-catching red hue, will be restored to its original off-white colour as part of a S$25 million restoration plan, the Ministry of Law announced on Friday (Feb 3). Built in 1928, the … Continue reading

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Shortening minimum stay of private home rentals?

Amendments to the Planning Act will make two practices illegal – that of using private residential properties for rentals of under six months, and housing more than six tenants in each unit. However, the government is looking into shortening the … Continue reading

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Two new names up the ante for already crowded online property portals

THE online property portal market may have reached saturation, at least according to some industry experts who have noted that two new portals have been launched here in the past six months, and at least three existing players responding with … Continue reading

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13 units in Gemini@Sims industrial project up for en bloc sale

THE developer of Gemini@Sims, a freehold industrial project in Kallang, is looking to sell the entire ground floor of 13 strata units via an expression of interest. JLL, the appointed marketing agent, said Wenul Assets (Industrial) Pte Ltd is expecting … Continue reading

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One-north district sees healthy growth but traffic woes persist

The one-north district has been a bright spot for real estate development in Singapore this year. Launched in 2001, the business park is now home to more than 400 companies with about 46,000 workers. Earmarked as Singapore’s technological and innovation … Continue reading

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