Category: Singapore Property Market News

The central region’s net performance in relation to office space rentals has been stable and doing well until the period of SARS kicked in. All industries and markets were affected, one of which is the property market including office space rentals.

Two developments on Sophia Road have been launched for collective sale by tender and this information has been discussed by JLL, the sole marketing agent in the country. The property, located in District 9 were relatively well known as Sophia Ville, is located at 128 Sophia Road and the other one is Fairhaven, located at 130 Sophia Road.

Among the contracts are JRL’s communication system (J160), provision of half-height platform screen doors and signalling system provision (J152), construction of 3 JRL stations as well as their associated viaducts (J109) and integrated supervisory control system delivery (J155) according to a release by the LTA.

On August 10, the government of Singapore has arranged to open its cross-border applications with Malaysia.

This comes after the two countries settled an agreement for the Periodic Commuting Arrangement (PCA) and Reciprocal Green Lane (RGL), according to Channel News Asia (CNA).

Forett at Bukit Timah, stands around District 21 on Toh Tuck Road and comes in a 633-unit condo development which will be launched on August 08, 2020.