HDB flat prices will remain affordable in prime locations, says Gov't
To ensure “inclusiveness and diversity”, the government intends to build a range of housing types in upcoming estates within prime locations, all while keeping resale prices "affordable for generations to come”.
Continue Reading • 2 Dec 2020
URA, LTA launch pilot tender for electronic vehicle charging points at public carparks
The tender covers the installation as well as operation of over 600 charging points at more than 200 public carparks in industrial estates, housing estates, community centres and public parks.
Continue Reading • 1 Dec 2020
NEA CEO Tan Meng Dui succeeds Cheong Koon Hean as new HDB chief
Dr Cheong Koon Hean will step down as HDB CEO from 1 January 2021. Succeeding her is Mr Tan Meng Dui who, as NEA CEO, spearheaded the SG Clean campaign and was “instrumental” in the response of NEA to Singapore’s fight against COVID-19.
Continue Reading • 1 Dec 2020
More expats from Hong Kong turning to Singapore property market
Of the total sales registered in the first nine months of 2020, 260 units were snapped up by foreigners. Buyers from China or Hong Kong accounted for 75% of foreign buyers.
Continue Reading • 30 Nov 2020
The Landmark sells over 90% of units launched over the weekend
Over 90% of the 120 units released sold at an average price of $2,250 per sq ft (psf). Most of the units sold were one-bedders which were transacted from $1,955 psf.
Continue Reading • 30 Nov 2020
Over 300,000 HDB households to receive $225 worth of vouchers
Eligible households will receive three types of e-vouchers – $25 to purchase LED lights, $50 for water-efficient shower fittings and $150 for climate-friendly refrigerator.
Continue Reading • 30 Nov 2020
ERA Singapore harmonises digital solutions for customers, trusted advisors
With more property transactions done remotely now, ERA has partnered with various platforms including Dedoco and Matterport to offer a digitised approach across every touch point of their services.
Continue Reading • 27 Nov 2020
Freehold residential site on Haig Road sold for $32.8mil
The District 15 site currently houses a three-storey development that features 10 terrace homes and a bungalow that was completed 25 years ago.
Continue Reading • 27 Nov 2020
URA, HDB launches Ang Mo Kio, Tengah residential sites
The Ang Mo Kio site is the latest GLS site to be offered within that area in six years, and is expected to yield around 370 housing units. Meanwhile, the Tengah site is expected to be the first EC site within the new Tengah estate.
Continue Reading • 27 Nov 2020
UOL chief calls for ABSD policy tweaked
A tweak of the ABSD policy to align with what is in place for EC buyers “can help genuine HDB upgraders to transition to a private property”, UOL group Chief Executive Liam Wee Sin explained.
Continue Reading • 26 Nov 2020
UOL to preview Clavon this Saturday
Aside from being equipped with smart home features, all units will also come with flexible spaces and layouts, offering buyers the opportunity to "mould their interiors into personalised and functional spaces where work and living co-exist."
Continue Reading • 26 Nov 2020
Many Singaporeans facing difficulty paying housing loans amidst the pandemic
The survey revealed that about one third or 31% of the respondents encountered difficulties with their housing loan payments, with 9% indicating that they need to downgrade or sell.
Continue Reading • 25 Nov 2020
Toa Payoh’s five-room BTO flats hotly contested despite high price tag
As at 5pm on Monday, Bartley Beacon’s 144 five-room flats received over six first-time applicants each, while the 1,222 four-room flats at Bishan Ridges also received robust interest with close to five first-time applicants each.
Continue Reading • 24 Nov 2020
Semi-detached house near Orchard Road up for sale for $7.84mil
The two-storey freehold property occupies a land area of 288.0 sq m (3,100 sq ft), and is expected to sell at $2,500 per sq ft.
Continue Reading • 24 Nov 2020
Tender for Yishun Avenue 9 EC site awarded to Sing Holdings
The 99-year leasehold site has an area of 21,514.0 sq m and can yield up to 600 housing units.
Continue Reading • 23 Nov 2020
Chinese property buyers turn to Singapore, Portugal as alternative investment destinations
In Singapore, Chinese buyers accounted for nearly 25% of the total foreign property acquisitions during the first three quarters of 2020, showed Cushman and Wakefield data.
Continue Reading • 20 Nov 2020
Roxy-Pacific acquires Guillemard Road residential site for $93mil
With a total land area of 3,449.60 sq m or 37,131 sq ft, the property comprises 15 adjoining two-storey terrace homes and is the largest private residential transaction to date this year.
Continue Reading • 20 Nov 2020
Bishan and Toa Payoh’s bigger BTO flats oversubscribed one day after launch
The five-room flats at Toa Payoh’s Bartley Beacon project received more than five applicants for each of the 144 units offered as at 5pm on Wednesday.
Continue Reading • 19 Nov 2020
HDB’s BTO sales exercise marred with website glitches
Applicants who did not receive any confirmation email are advised to try again. HDB reminds that successful applicants will be determined by a computer ballot, and not on a first-come, first-served basis.
Continue Reading • 18 Nov 2020
HDB launches over 11,000 flats for November BTO, SBF exercises
Experts observe that the flats in Sembawang, Tampines and Tengah are expected to attract “fairly healthy applications”, though they would not be as hotly contested as those in Bishan and Toa Payoh (Bidadari).
Continue Reading • 18 Nov 2020