Property News
Jackspeed buys 2 Jalan Kilang Barat for S$39 million to house new car dealership
A showroom will occupy the first floor of the nine-storey industrial building in Bukit Merah
Far East Organization to launch The Serra Residences in Novena, priced from S$3,120 psf
The freehold 133-unit condo will sit on Bassein Road sites acquired in 2010
S’pore mortgage rates rise following Fed hike: What home owners should look out for
Both fixed and floating-rate loan offerings are now higher across the major banks in the city state
US mortgage rate rises to 7.28%, highest since November 2023
Rates above 7% are weighing heavily on demand in a market already hobbled by home prices that remain close to record highs
Many happy returns for resale homes
But buyers of new launches face slimmer gains on higher purchase prices
Canberra Drive EC site draws crowd of 13 bids; top offer of S$825 psf ppr from Santarli-led JV sets record
This exceeds analysts’ forecasts for the first EC land tender since the new rules kicked in
UK annual house price growth weakest since December 2025 after surprise September drop
Prices rose by 0.8% year on year and fell 0.2% on the month, says Nationwide Building Society
Two Coliwoo Holdings serviced-apartment properties in River Valley being sold for S$45.8 million
The buyer is a Singapore-incorporated company principally engaged in construction
Singapore leads Apac wealth hub ranking as next-gen rethink real estate allocations: Savills
The Republic ranks top in Apac, sixth globally in Savill’s Next Generation Wealth Hubs Index
More layoffs, higher productivity or a bust? How Singapore’s prime office market could take to AI trends
Industry players have yet to see widespread artificial intelligence-driven downsizing
Private home prices accelerate with 1.4% rise while HDB resale values dip further in Q3: flash data
Transaction volume of private homes shrinks 30% in quarter, while HDB volume grows 17.7%
Singapore’s next lap: A more integrated, intelligent and sustainable city
A shift from individual assets to integrated urban ecosystems will shape the future of our real estate landscape
Epochs of Singapore real estate: From nation builder to future city artisan
The sector has shaped economic prosperity, environmental stewardship and social well-being
Frasers Property and Mitsubishi Estate to redevelop Valley Point and Frasers Suites Singapore
High-end residences, serviced apartments and dining, retail and lifestyle outlets are being planned
Australia’s home-price slump deepens, set to extend into 2027
Sydney prices have fallen almost 9% from their February peak
Brokers maintain ‘buy’ on CDL despite investor reservations over strategic review
Concerns include lack of ROE targets, potential earnings dilution and planned investments in China and Japan
Defence offers new front for Britain’s office landlords
Knight Frank says firms want bases near research universities to recruit specialised talent
GIC acquires 16 Marriott-run hotels in Japan for about US$800 million
The sovereign wealth fund has taken over mid-price-range chain Four Points Flex by Sheraton, sources add
Temasek-backed Mapletree evaluating India office Reit listing: sources
It has held talks with banks to put four of its office parks into a real estate investment trust, they add
China unveils rate cut, mortgage subsidies to spur growth
The move comes after the Cabinet pledged to step up counter-cyclical policy support to address rising economic strains
East Coast Road, Serangoon North View private-housing sites launched for sale
The East Coast Road parcel can yield 85 units, and the Serangoon plot, 235
UK first-time buyer scheme lifts housebuilders, but success hinges on design
Analysts say that much will depend on next month’s Budget, which will set out who qualifies for support and where it can...
China set to boost economy, stabilise housing market as slowdown threatens growth target
The authorities will ‘put in place a package of practical and effective additional policies’
Sydney data centre plan scrapped by developer after community backlash
The proposal has drawn criticism from residents and activists alike
‘My grandfather’s legacy’: Sherman Kwek lays out three-year plan for CDL to drive returns
The group plans S$6 billion in divestments, S$5 billion in investments and a fresh thrust into China and Japan
CDL to hire dedicated CEO for fund management as it steps up push into private funds
The property giant is seeking to double its AUM to S$10 billion by FY2029
Hong Kong’s private home prices largely flat in August
The private home price index edged up 0.06% in August, following July’s revised monthly decline of 0.8%
Singapore capital eyes Hong Kong’s commercial bargains, student housing plays
City-state accounts for 46% of total foreign commercial investment volume in year to date
Nuveen targets doubling of Apac real estate AUM over next 5 years, weighs acquisitions
It seeks to scale up from US$7 billion in regional real estate assets
Amberwood at Holland sells 23 units, 11% of project, at average price of S$3,019 psf
70 out of 212 units have been launched for its first phase of sales, remaining will come to market in upcoming months
UK to offer first-time home buyers loans to spur ownership
Announcement comes at the start of Labour’s annual party conference in Liverpool
PropNex plots its next act beyond Singapore residential property
Its executive chairman points to room for growth in industrial properties, capital markets, leasing and more
Australian home auction clearance rate hits 10-week low as looming rate hike threatens deeper slowdown
The Reserve Bank of Australia is expected to raise its key interest rate to 4.6% on Sep 29
It's gone: Unusual koi tank outside Tampines flat dismantled following failed appeal
Toh Ting Wei
Apr 25, 2019

SINGAPORE - A Housing Board flat owner who had converted the doorstep of his property into a fish tank for his koi carp has dismantled the tank, after his appeal to keep it was rejected.
The Tampines Street 41 resident, who wanted to be known only as Mr Tan when approached by The Straits Times previously, had attached glass panels to the walls around the four steps leading to his ground-floor unit to house about 10 fish.
The structure was put in place three to four years ago, and the owner was unaware he needed permission to make the alteration.
The HDB said in January that the man could not keep the tank because of safety concerns. But he lodged an appeal, after working with Tampines Town Council on measures to address issues raised by the Housing Board.
The agency rejected the appeal earlier this month and said a key reason why it had turned down the appeal was that the stairway is common property.
Under the town council's by-laws, it is an offence to have unauthorised fixtures on common property.
When a Lianhe Zaobao reporter visited Mr Tan's house on Wednesday (April 24), the tank had already been dismantled.
The Tampines Town Council told ST on Tuesday that it had served notice to the resident to remove the tank and would follow up with him on a timeframe to do so.
A spokesman added: "Our offer to assist with the dismantling of the tank has been declined by the resident.
"We have also approached the resident to relocate the koi fishes to a community pond, but he was not keen to explore further."
Earlier this month, the Ministry of National Development told ST that it will ask the HDB to discuss with the town council about whether there are any suitable sites within the precinct that can accommodate a community garden which could involve Mr Tan and other like-minded residents.
It added that this initiative would have to be done separately through a proper process and not by "individual encroachment onto common property".
On the proposal, Mr Tan had said: "It's not just about digging two holes. You need to think about what is the attraction there and what is really useful for the community.
"Hopefully, something good will come out of it. I am a bit tired of this."
He and his wife also own the adjacent unit, through which they enter the flat with the blocked doorstep.His wife told ST earlier this month that they had hoped the authorities would make an exception on the basis that the structure was welcomed by the community.She said then: "We are not creating an eyesore or disturbance... If everybody keeps everything to the house, there will be no soul in the neighbourhood."
ST has contacted Mr Tan for more updates regarding the tank's removal.