HDB's decision goes under judicial review
A 47-year-old businessman wants the High Court to review whether HDB acted unfairly in its decision to seize his flat.
Continue Reading • 3 Nov 2014
More interim flats for couples
The government will increase the supply of flats under the Parenthood Provisional Housing Scheme (PPHS) by adding another 800 flats, including in Bukit Merah and Queenstown.
Continue Reading • 31 Oct 2014
Lake Life's average price below $860 psf
The Lake Life executive condominium (EC) in Jurong Lake District has unveiled the pricing of its units.
Continue Reading • 31 Oct 2014
Last quarter likely to be quiet
Prices of private residential property could show slowing declines in Q4 2014.
Continue Reading • 31 Oct 2014
URA approves 3 large-scale housing projects
The Urban Redevelopment Authority provisionally approved two private housing projects with more than 1,000 units each in Q3 2014,
Continue Reading • 31 Oct 2014
PropertyGuru partners with HK's 28hse.com
PropertyGuru and Hong Kong's 28hse.com have signed a joint partnership that will enable investors to make better informed decisions for buying and selling of property.
Continue Reading • 31 Oct 2014
Declining prices to continue into 2015: PropNex
PropNex predicts price decline in the private residential market will persist due to weak demand caused by various factors, such as the total debt servicing ratio (TDSR) and additional buyer's stamp duty (ABSD).
Continue Reading • 30 Oct 2014
"Meaningful correction" still unachieved: Tharman
The government is unlikely to relax property cooling measures any time soon, judging from Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam’s views that there is "some distance to go in achieving a meaningful correction."
Continue Reading • 30 Oct 2014
CEA creates online comic strips on ethical advertising
Real estate salespersons can now have a better understanding of the advertising guidelines in an engaging manner, as CEA has introduced an e-learning web application on CEA's Practice Guidelines on Ethical Advertising.
Continue Reading • 29 Oct 2014
Increased share of foreign homebuyers
The proportion of foreign homebuyers increased from 22.9 per cent in Q2 2014 to 27.7 per cent in Q3 2014, according to Knight Frank’s latest Research Bulletin for the Residential sector.
Continue Reading • 29 Oct 2014
Less new blood joining property industry
Fewer people are willing to become real estate agents given the weak transaction levels in Singapore's HDB and private housing markets.
Continue Reading • 29 Oct 2014
Resale private homes prices down in September
Prices of resale private homes in Singapore dropped in September, according to Singapore Residential Price Index (SRPI) flash estimates released on Tuesday.
Continue Reading • 29 Oct 2014
5 technologies to change property
Here are five technologies, highlighted by Knight Frank, that have the potential to change the property sector forever.
Continue Reading • 29 Oct 2014
Project delays caused by tighter rules on foreign workers
Singapore's construction industry is suffering from late payments and project delays, as contractors are squeezed by higher operating costs and the government’s curb on foreign workforce.
Continue Reading • 28 Oct 2014
URA launches second Paya Lebar Central land parcel
The 3.9 ha mixed-use site at Paya Lebar Road / Sims Avenue can generate about 1.77 million sq ft of gross floor area for office, retail and residential uses.
Continue Reading • 28 Oct 2014
Building awareness for Lease Buyback Scheme a challenge
Queries on the Lease Buyback Scheme almost tripled to 500 three weeks after changes to the scheme were announced on 3 September.
Continue Reading • 28 Oct 2014
HDB resale volume to hit 10-year low this year, report
HDB resale volume is expected to hit to a 10-year low this year at around 16,500 to 17,000 units, while resale prices are expected to drop by as much as seven percent, according to PropNex and reported in the media. HDB resale prices will continue to be affected by a looming flood of new homes...
Continue Reading • 27 Oct 2014
Oversupply among potential risks in the next six months
65.6 percent of the respondents surveyed in the Real Estate Sentiment Index (RESI) in Q3 2014 indicated the property market will face excess supply from new launches.
Continue Reading • 27 Oct 2014
S'pore's biggest condo turns into a musical instrument
Residents of d'Leedon celebrated the completion of the eight-hectare project by witnessing a world record-setting feat on Saturday.
Continue Reading • 27 Oct 2014
Rents of luxury units declining: report
The average monthly gross rents of luxury/super-luxury apartment could decline by about 5 percent for the whole of 2014.
Continue Reading • 27 Oct 2014