Luxury property prices in Singapore expected to rise by up to 8%

Prices of luxury property in Singapore are set to rise between 5 and 8% due to solid economic fundamentals, strong cash holdings by Singaporeans and low interest rates, it is claimed. According to a leading strategist at Swiss bank UBS prices of mid and lower range real estate could hold at current levels for at [...]

Far East Organization launches ultra luxury development arm

Market players believe more home hunters and investors are going up-market. To tap opportunities in this segment, developer Far East Organization has launched a series of luxurious apartments under a brand called Inessence. Industry figures show that some 240 ultra high-end homes were sold in the first half of this year, and observers said there [...]