ERA Property Weekend attracted over 168,000 viewers
The virtual event, which aired on the weekend of 10 and 11 October, reached over 431,000 online audiences and garnered close to 1.2 million impressions.
Continue Reading • 15 Oct 2020
864 households applied for HDB loan deferments from April to August 2020: MND
Around 2,500 households have received assistance from HDB with their mortgage payments since the start of the circuit breaker period.
Continue Reading • 15 Oct 2020
OrangeTee and Tie to hold virtual property expo this weekend (17 & 18 October)
Simulating the bustle and excitement of a regular expo event, this virtual event features an interactive digital environment, allowing attendees to move around, engage with booths and attend over 40 talks at the virtual convention hall.
Continue Reading • 15 Oct 2020
Transaction volumes of non-landed private homes rebounded in Q3 2020 due to pent-up demand
The rebound in transactions was not only evident in the new sale market but also in the resale market as well. Total resales transactions increased by more than three times to 2,480 units in Q3 2020 from the previous quarter’s 758 units.
Continue Reading • 14 Oct 2020
Landed home sales up by more than 50% in Q3 2020
In total, the number of landed properties transacted in the first nine months of 2020 was 1,142, a slight increase from the 1,118 transactions registered over the same period last year.
Continue Reading • 13 Oct 2020
Natura Loft DBSS unit sold for $1.2mil
This makes it the highest resale Design, Build and Sell Scheme (DBSS) sold so far. The previous record price for a DBSS was $1.205 million.
Continue Reading • 13 Oct 2020
Three new grants to help companies switch to environment-friendly water-cooled chillers
These grants will support firms in switching to low-Global Warming Potential (GWP) refrigerant water-cooled chillers as well as “smoothen the transition to the use of climate-friendly RAC equipment”.
Continue Reading • 12 Oct 2020
Government unveils additional temporary relief measures for property developers affected by COVID-19
The additional relief measures include extending the project completion period for most development projects by another six months. The conditions to qualify remain the same as those provided on the temporary relief measures unveiled on 6 May.
Continue Reading • 12 Oct 2020
URA proposes to conserve Golden Mile Complex
URA proposes to conserve the main building with its signature terraced profile atop the podium block as key features to be retained.
Continue Reading • 12 Oct 2020
Individuals with housing loans may apply to repay 60% of their monthly instalments for up to nine months
As part of a series of the COVID-19 relief measures, applicants need only prove that their income has been affected and that their loan payments are not more than 90 days due, whether or not they had availed of earlier payment reliefs.
Continue Reading • 8 Oct 2020
Banks allowed to use HDB loan as security interest for liquidity
The new Bill aims to strengthen the resilience of Singapore banks amid the COVID-19 crisis. This change would not affect the rights of HDB flat owners to their units, nor change their housing loans’ terms and conditions.
Continue Reading • 7 Oct 2020
Certain government service counters (including HDB Hub) to reopen from 2 June
Selected government service centres are set to resume operations from 2 June but by appointment only.
Continue Reading • 26 May 2020
Singapore among favourite destinations for Chinese property buyers
To guard their wealth against the weakening yuan and the anticipated inflation, wealthy Chinese investors are turning to luxury real estate, with Singapore as one of their favourite destinations.
Continue Reading • 26 May 2020
HDB resale prices unchanged in Q1 amid Covid-19
Despite the Covid-19 outbreak, resale prices of Housing and Development Board (HDB) flats held flat in the first quarter of 2020.
Continue Reading • 2 Apr 2020
Private home prices down 1.2% in Q1 2020
After rising for three consecutive quarters, Singapore’s private residential property prices fell in the first quarter of 2020, due to the impact of Covid-19 on the economy.
Continue Reading • 2 Apr 2020
Expat rents in Singapore increase for the first time in five years
The average monthly rental for expatriates in Singapore rose 1.4% from last year to $6,069 (US$4,233) – its first increase in five years, showed a study by ECA International.
Continue Reading • 2 Apr 2020
MAS eases monetary policy amid Covid-19 pandemic
The Monetary Authority of Singapore (MAS) eased its monetary policy by reducing the Singapore dollar policy band’s slope to a zero rate of appreciation.
Continue Reading • 31 Mar 2020
Cluny Park GCB sold for $40mil
A bungalow in Cluny Park is being sold for $40 million or nearly $1,964 per sq ft based on the freehold property’s 20,369 sq ft area, reported The Business Times.
Continue Reading • 31 Mar 2020
Kopar at Newton first to open show gallery following URA’s viewing by appointment advisory
This makes the 378-unit development the test case on how developers could launch projects at showflats to include social distancing measures in the coming weeks.
Continue Reading • 30 Mar 2020
Singapore’s national Budget to include ‘strong’ economic package, says Wong
Singapore's National Budget, which is set to be unveiled next week, will include a “strong” economic package to mitigate the economic fallout.
Continue Reading • 13 Feb 2020