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3x Growth in DataSense Products: More Agents Can Now Help Property Seekers Make Data Based Decisions

With data, everything makes more sense – so we gave PropertyGuru agents DataSense.Launched on 31 March 2021, DataSense is a suite of proptech data tools that we designed for PropertyGuru agents, so they can become even better advisors for property seekers.With adoption rates growing 3x weekly,...

Continue Reading25 Jun 2021

999-year residential site at Kovan up for sale

The 2.5 storey house at 34 Jansen Road features five bedrooms and a swimming pool, and has a site area of 9,617 sq ft.

Continue Reading25 Jun 2021

Analysts believe hike in inflation still at manageable level

Core inflation, which excludes accommodation and private road transport costs, is still believed to be at manageable levels.

Continue Reading24 Jun 2021

BCA recognises new accreditation schemes for managing agents

The Association of Property and Facility Managers (APFM), as well as the Association of Strata Managers (ASM) accreditation schemes have been recognised by BCA in a bid to raise the industry standards of managing agents.

Continue Reading24 Jun 2021

49-year-old HDB terraced house in Whampoa breaks record with $1.268mil selling price

The two-storey flat at Block 39 Jalan Bahagia is a landed corner terraced unit with an area of 210 sq m – which are considered rare attributes for an HDB flat.

Continue Reading23 Jun 2021

Singapore to engage public in review of long-term approach to land use, city planning next month: Desmond Lee

Lee noted that the city-state has to review its approach to land use and city planning as the pandemic underscored the need to relook the design of homes and workplaces.

Continue Reading22 Jun 2021

Rising household incomes, more condo dwellers seen over past decade

The median monthly household has risen by 3.3% per year, while there were more households living in condominiums and other apartments in 2020 compared to a decade ago.

Continue Reading21 Jun 2021

Resale private home transactions rose 6.5% in Q1

4,607 units were sold during the first quarter of 2021, with demand likely spurred on due to COVID-19 construction delays.

Continue Reading18 Jun 2021

NUS’ two buildings to pilot digital solutions to improve energy efficiency standards

The digital energy solutions are scheduled to be installed in the first half of 2022, at the Stephen Riady Centre and the Education Resource Centre.

Continue Reading17 Jun 2021

New private home sales down 29.7% in May amid tighter COVID-19 measures

However, year-on-year, new home sales (excluding ECs) jumped 83%, with 892 units shifted in May 2021.

Continue Reading16 Jun 2021

Two residential sites at Slim Barracks Rise launched for sale

Two 99-year leasehold tenure sites at Slim Barracks Rise are zoned for residential with commercial at first storey, and can yield around 405 housing units altogether.

Continue Reading16 Jun 2021

Freehold site along Lorong J Telok Kurau Road on sale for $30.6mil

The freehold site along Lorong J Telok Kurau Road has an area of 23,579 sq ft and an indicative price of $30.6million.

Continue Reading15 Jun 2021

COVID-19 highlights drawbacks of being overly dependent on foreign labour

However, overhauling the construction industry in Singapore to be less reliant on foreign labour and to use more advanced construction technologies is still a huge task.

Continue Reading14 Jun 2021

Singapore home prices to grow by up to 7% this year

RHB adjusted its forecast for residential home prices in Singapore from 0% to 3%, to between 5% to 7% this year.

Continue Reading14 Jun 2021

Singapore-Hong Kong air travel bubble to be reviewed next month

Authorities on both sides are set to review the situation in July prior to deciding on a launch date.

Continue Reading11 Jun 2021

Gov’t releases four confirmed sites, nine reserved sites for sale under 2H 2021

The Confirmed List comprises four private residential sites that can yield a total of 2,000 homes.

Continue Reading10 Jun 2021

Singapore to see steady demand from Hong Kong property buyers

While the number of caveats lodged by Hong Kongers remains steady, some analysts have also pointed out that most Hong Kongers may have a bigger interest in UK properties given the new British National Overseas (BNO) system.

Continue Reading9 Jun 2021

Are BTO flats still affordable for first-time home buyers?

Prices of four-room to five-room BTO flats have increased 2.4 times from $208,250 to $496,760 from 2001 to 2020, but the median income has only increased 1.95 times from $4,716 to $9,189 over the same period, showed Department of Statistics data.

Continue Reading8 Jun 2021

Tanglin Halt residents sad to leave estate for SERS

“When we first heard the news, we really could not bear to leave. We will lose decades-long friendships. Some of our friends are moving to Bukit Panjang and Clementi,” said Madam Leong Mei, who bought a three-room flat with her husband in 1973.

Continue Reading7 Jun 2021

Narrowing price gap between HDB resale flats in mature, non-mature estates

This comes as buyers are “more willing to pay for newer flats than flats with a shorter remaining lease,” said Lee Sze Teck, Director of Research at Huttons Asia.

Continue Reading7 Jun 2021