The Arcady and Hillhaven Sell 51 and 59 of their Units Over Launch Weekend, Fewer HDB Resale Flat Buyers Paid COV in 2023, Respectively, and More
16 to 22 January 2024Hillhaven and The Arcady at Boon Keng sold over 50 units during their launch over the weekend. Meanwhile, fewer buyers of resale HDB flats paid cash over valuation (COV) last year, at only 15% over the last three months of 2023. 1. Hillhaven sells 59 units over its...
Continue Reading • 23 Jan 2024
Lumina Grand EC and Hillhaven Preview Over the Weekend, RTS Link Singapore Achieves 65% Completion, and More
Lumina Grand EC and Hillhaven launched for preview over the weekend. In the meantime, the RTS Link Singapore has just surpassed 65% construction.
Continue Reading • 15 Jan 2024
HDB Reduces Four Yearly BTO Launches to Three, Government Says Housing Prices Will Not Rise Indefinitely, and More
HDB will reduce the number of BTO sales exercises it conducts per year, from four to three. Meanwhile, Minister Desmond Lee does not expect home prices to rise indefinitely, given signs of moderation in the public and private sectors.
Continue Reading • 8 Jan 2024
Private Home Prices Up 2.7% in Q4 2023, HDB Resale Prices Climb at a Slower Pace in Same Time Period, and More
Singapore saw prices of private homes increase by 2.7% in Q4 2023, showed URA Q4 2023 flash estimates. Meanwhile, prices of HDB resale flats increased by 1.0% in Q4 2023, marking its fifteenth consecutive quarterly growth.
Continue Reading • 2 Jan 2024
Rental Occupancy Limit Raised Bigger HDB Flats and Private Homes, Tuas Set for Reclamation Works From 2025, and More
The occupancy cap for bigger HDB flats and private homes will be temporarily raised from six to eight unrelated people. Meanwhile, PropertyGuru expects buyers to purchase houses for their use to drive private residential sales in 2024.
Continue Reading • 26 Dec 2023
NTU, NUS Students Continue to Sublet Hostel Rooms on Social Media, Heightened Interest for JB Properties, and More
The Woodlands and Bishan HDB BTO Dec 2023 projects saw the highest application rates. In the meantime, NTU and NUS students continue subletting their hostel rooms on WeChat and Carousell.
Continue Reading • 18 Dec 2023
The HDB BTO Dec 2023 Sales Exercise Has Launched, West Coast MRT Station Construction to Start in Q1 2024, and More
With SIBOR set to be discontinued by end-2024, around 30,000 homeowners with mortgages tied to SIBOR have already switched to alternative loan packages. Meanwhile, HDB launched 6,057 HDB BTO Dec 2023 flats across seven estates.
Continue Reading • 12 Dec 2023
Up to 100% Property Tax Hike in 2024, Updates on the HDB BTO Dec 2023 Launch, and More
In 2024, Singapore homeowners will be able to enjoy a property tax rebate of up to 100%. Meanwhile, Singapore is embarking on a "Long Island" project to integrate coastal protection with future reclamation along the East Coast.
Continue Reading • 4 Dec 2023
Siblings File Lawsuit Over Mother's Assets, Orchard Road Rents to Increase By Up to 6%, and More
The lease on the land occupied by Raffles Town Club will not be renewed after 17 October 2026. Meanwhile, residents of Dairy Farm Residences were upset that their monthly maintenance fees would be way higher than were advertised.
Continue Reading • 27 Nov 2023
Watten House Sells 57% of Units During Launch Weekend, Rainwater Leak Costs Condo Owner $60,000, and More
Watten House sells 57% of its units over its launch weekend. Meanwhile, a condo owner racks up $60,000 in bills after a rainwater pipe leak damages his home.
Continue Reading • 20 Nov 2023
J'den Sells 88% of Units Over Launch Weekend, Most Expensive HDB Flat Emerges in Toa Payoh, and More
J'den and Hillock Green launched over the weekend, selling 88% and 27% of their units, respectively. Meanwhile, a 5-room DBSS flat Toa Payoh sells for $1.65 million, making it the most expensive HDB resale flat transaction ever.
Continue Reading • 14 Nov 2023
Pearl's Hill BTO Flats May Launch as Prime Flats, HDB HFE Letter Validity Extended From 6 to 9 Months, and More
Property analysts expect the public housing to be constructed at Pearl’s Hill and potentially at Bukit Timah Turf City to be categorised as Prime flats, the priciest of public housing categories.
Continue Reading • 6 Nov 2023
HDB Resale Price Growth Slows, up 1.3% In Q3 2023, Private Home Prices Post Marginal Increase of 0.8% In Q3 2023 and More
Resale prices of HDB flats increased 1.3% in the third quarter of 2023, slowing from the 1.5% growth registered in the previous quarter. Meanwhile, private home prices in Singapore climbed by 0.8% in Q3 2023, reversing the 0.2% decline in Q2 2023.
Continue Reading • 30 Oct 2023
Record $1.45 million Bukit Merah 5-room HDB Flat, Some HDB Sellers Raise Prices In View of Upcoming Plus BTO Flats, and More
A $1.45 million Bukit Merah HDB resale flat breaks new record for most expensive 5-room flat in the area. Meanwhile, some HDB flat owners are hiking prices in view of the upcoming Plus BTO flats.
Continue Reading • 23 Oct 2023
Tampines EC Site Awarded to Sim Lian, HDB Awards Ceremony 2023, Low October 2023 BTO Application Rates, and More
BTO Oct 2023 application rates were low. In the meantime, some residents at Tengah are facing long walks through dusty construction sites due to low transport options in the area.
Continue Reading • 16 Oct 2023
October 2023 BTO Launch Details, Upcoming December 2023 BTO Launch Information, HFE Letter Delays, and More
Singapore saw private home prices marginally increase by 0.5% in Q3 2023, following a 0.2% decline in Q2 2023. Meanwhile, HDB resale flat prices rose 1.2% in Q3 2023, marking its 14th consecutive quarterly increase.
Continue Reading • 10 Oct 2023
Around 1,900 Choa Chu Kang October 2023 BTO Flats to be Launched, An Altura EC Unit Sets New Price Record of $1,585 PSF, and More
Altura, an EC, has sold a 980 sq ft unit for $1.55 million, which works out to a record price for an EC. Meanwhile, HDB will launch around 1,900 BTO flats across two projects in Choa Chu Kang in the upcoming October 2023 BTO launch.
Continue Reading • 2 Oct 2023
Bukit Panjang Sees First Million-dollar HDB Resale Flat, Many Singaporeans Support Longer MOP, and More
Bukit Panjang recently recorded its first million-dollar HDB resale flat transaction. Meanwhile, Minister of National Development Mr Desmond Lee weighs in on the HDB flat reclassifications, announced during the National Day Rally 2023 speech.
Continue Reading • 25 Sep 2023
Altura EC Sold 88% of its Units After Second-timer Balloting, New Private Home Sales Plunge 72.1% in August 2023, and More
Altura, an EC saw 95 units snapped up during its second-timer balloting event, bringing its overall take-up rate to 88%. Meanwhile, new private home sales, excluding ECs, fell 72.1% to 394 units month-on-month (MoM) in August 2023.
Continue Reading • 18 Sep 2023
Are Fewer HDB Owners Chasing Condo Dream, Record Monthly Number of Million-dollar HDB Transactions in August 2023, and More
Some property analysts say that HDB upgraders are decreasingly buying condos. Meanwhile. a record monthly number of million-dollar HDB flat transactions was observed in August 2023.
Continue Reading • 11 Sep 2023