Teck Chye Terrace shophouses sold for S$14.63m
A row of five adjoining refurbished shophouses (pictured) at Teck Chye Terrace was sold via auction on Thursday (22 January) for S$14.63 million, marketing agent Colliers International confirmed in response to an inquiry by CommercialGuru following the end of the said auction yesterday evening....
Continue Reading • 23 Jan 2015
HDB flat at Pinnacle@Duxton breaks million-dollar mark
The 5-room flat located on a high floor was recently sold for almost $1.03 million...
Continue Reading • 23 Jan 2015
URA says overall private home prices down first time since 2008
Prices and transactions of private residential units fell in 2014 compared to the previous year...
Continue Reading • 23 Jan 2015
HDB resale prices down 6.2%, largest drop in 13 years
HDB resale market declines for sixth consecutive quarter...
Continue Reading • 23 Jan 2015
Leasing softened in Q4 2014: Colliers
Leasing activity for Singapore properties softened in the last quarter of 2014 as expatriate arrivals slowed down amid the year-end holidays and festivities.
Continue Reading • 23 Jan 2015
Third housing loan for exceptional cases only: HDB
The Housing Board will only provide a third housing loan for HDB properties under exceptional circumstances.
Continue Reading • 23 Jan 2015
More property agents leaving, fewer joining the industry
Fewer people are getting licensed as property agents amid a slowdown in the market...
Continue Reading • 22 Jan 2015
URA seeks public feedback on short-term stays
The minimum period allowed for subletting of private units is six months, but URA is now reviewing this...
Continue Reading • 22 Jan 2015
Farrer Road condominium goes en bloc
The collective sale of The Wilshire has a reserve price of $95 million, says Savills...
Continue Reading • 22 Jan 2015
Some residential projects running out of time: report
Time is running out for at least five Singapore properties to sell their unsold units before their developer is slapped with hefty fines under the Qualifying Certificate (QC) rules.
Continue Reading • 22 Jan 2015
3 in 5 Singaporeans feel property still overpriced
Further price correction and dip in volume expected for both private housing and HDB resale flats in 2015...
Continue Reading • 21 Jan 2015
HDB deficit to stay high in next few years: Khaw
HDB lost almost $2 billion in FY2013/2014 due to efforts to ramp up the public housing programme...
Continue Reading • 21 Jan 2015
202 flats repossessed in past three years
HDB compulsorily acquired 202 flats from January 2012 to December 2014, and reasons behind the compulsory acquisition of these HDB properties include major lease infringements.
Continue Reading • 21 Jan 2015
Property auctions bounce back, but there’s a downside
Singapore auction activity registers uptick as price expectations gap narrows...
Continue Reading • 21 Jan 2015
Sengkang EC site attracted top bid of $157.8 million
Only three bids were submitted for the plot reflecting current EC sentiment...
Continue Reading • 21 Jan 2015
New law passed on foreign worker dorms
Big dormitories must be licensed and have certain amenities like ATMs and minimarts...
Continue Reading • 21 Jan 2015
Singapore home prices 'seriously unaffordable', but better than other countries: report
Global housing report used a price-to-income multiple to rate housing affordability...
Continue Reading • 20 Jan 2015
12,000 rental flats occupied under the Joint Singles Scheme
The Joint Singles Scheme, which allows eligible single citizens to jointly purchase or rent a HDB property, does not set a quota on the number of rental flats for JSS tenants.
Continue Reading • 20 Jan 2015
Developers to launch fewer properties in 2015: report
Singapore will see fewer new property launches this year as property developers focus on moving unsold Singapore properties on the back of looming flat glut.
Continue Reading • 20 Jan 2015
Owners have enough time to sell off flat: MND
The government is unlikely to extend the period a HDB homeowner is required to sell off his or her existing flat even in the current property market conditions for HDB properties.
Continue Reading • 20 Jan 2015