3 September 2012 Thomson MRT Line to boost property prices Following the announcement of plans for the Thomson Line (TSL) project, consultants expect property prices in the north to go up. According to Alan Cheong, Research Head at Savills Singapore, residents in Seletar, Springleaf and Lentor, who are currently underserved by the public transport system,...

29 August 2012 Thomson MRT Line to fully open by 2021  SINGAPORE – Come 2021, commuters living in the North – such as Woodlands, Sembawang and Thomson – will be able to travel directly to the city area using Singapore’s sixth MRT line, the Thomson Line. The 30km-long line will have 22 fully underground stations, four more than was...

8 August 2012   6 bids for Upper Thomson residential site A RESIDENTIAL site at Bright Hill Drive in the Upper Thomson area has attracted a bullish top bid of $291.5 million in a six-way contest. UVD, a joint venture between Singapore Land and UOL Group, topped the table for the 13,437 sq m plot with a bid of $720 per sq ft (psf) per plot ratio (ppr). This...

8 August 2012 Bishan Loft is most expensive EC Bishan Loft is the only executive condominium (EC) project to break the S$1,000 psf price mark this year, according to Square Foot Research. Units in the development saw an average selling price of S$1,005 psf while the highest transacted price was S$1,129 psf for a 1,173 sq ft unit. Square Foot added that new EC...

The Urban Redevelopment Authority (URA) has released three residential sites at Bedok South Avenue 3, Boon Lay Way and Jervois Road for sale this month, providing more private housing choices to both developers and home buyers. The land parcels at Jervois Road and Bedok South Avenue 3 are under the Confirmed List, while the Boon Lay Way site is under the...

Everyone, from property industry professionals to home buyers, were caught off guard when the government announced the latest cooling measures, with many analysts and developers stating that they were unexpected and the harshest they have seen by far. “At first glance, these latest cooling measures do seem pretty drastic, especially when both transactions and...