Subletting transactions in Singapore

HDB figures for July 2013 shows a 6 per cent rise in subletting transactions between the first and second quarters of this year. This means more owners of HDB flats have been renting out their units in recent months.

Industrial site at Woodlands Industrial Park E9

The Singapore Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Woodlands Industrial Park E9 to Incorporated Woodlands Pte Ltd, who submitted the highest bid in the tender for the site.

The bid was SGD 72,690,000.00 for 16,775.50 square meter of land with a Maximum permissible gross plot ratio 2.5.