Property Market Latest News

Get Daily Property News in Singapore, News Powered by Singapore PropertyGuru

Older HDB blocks to benefit from enhanced upgrading programmes

To improve older HDB estates, the government will make three enhancements to its upgrading programmes.

Continue Reading11 Sept 2014

Too costly to incentivise parents to leave mature estates

Minister Khaw Boon Wan seems to have backed out of the idea of giving incentives to parents living in mature estates to move with children in new towns.

Continue Reading11 Sept 2014

Freehold site in Serangoon up for auction

A freehold re-development site measuring 8,666 sq ft at 13 Brighton Crescent in Serangoon is up for auction.

Continue Reading10 Sept 2014

HDB's Punggol Northshore offers seafront living experience

Set to be Punggol's first seafront housing district, Punggol Northshore will offer about 6,000 new flats.

Continue Reading10 Sept 2014

Home prices may drop 20% by 2016: report

Home prices in Singapore could fall by 20 percent between 2014 and 2016, according to a Bank of America Merrill Lynch (BOAML) report.

Continue Reading10 Sept 2014

Foreign developers still keen on S'pore land sites

More foreign developers are now choosing to develop land parcels in Singapore...

Continue Reading10 Sept 2014

Sim Lian wins EC site tender

An EC site at Choa Chu Kang Drive has been awarded to Sim Lian Land...

Continue Reading10 Sept 2014

Lease Buyback Scheme will not leave owners homeless: MND

The Ministry of National Development (MND) has assured homeowners who outlive the lease for the Lease Buyback Scheme (LBS) will not be left homeless.

Continue Reading9 Sept 2014

MND reveals recent BTO flat prices

In a written answer to a query in Parliament yesterday, the Ministry of National Development (MND) revealed the average selling prices of BTO flats offered recently in the non-mature estates range from around $110,000 to $386,000.

Continue Reading9 Sept 2014

Govt urged to have more dialogue with developers

More dialogue between the government and developers should be conducted as the slowing demand for property could damage the wider economy.

Continue Reading9 Sept 2014

Potong Pasir has come a long way: PM Lee

Prime Minister Lee Hsien Loong said Potong Pasir has come a long way since its early days as a sand quarry...

Continue Reading9 Sept 2014

520 complaints on illegal rental of private homes

The Urban Redevelopment Authority (URA) has received about 520 complaints since 2013 on the alleged rental of individual strata-titled private residential properties for less than six months. The Ministry of National Development (MND) revealed this at today’s parliament session, and said URA...

Continue Reading8 Sept 2014

More launches expected in coming months

Developers are expected to launch more private residential projects in September and October.

Continue Reading8 Sept 2014

Developers will have to diversify out of Singapore

Singapore's residential property developers are urged to diversify out of the local property market given its increasingly tight conditions.

Continue Reading8 Sept 2014

Ground broken for Lentor, Mayflower MRT stations

Construction work has begun on two new MRT stations on the $24 billion Thomson-East Coast Line (TEL)...

Continue Reading8 Sept 2014

Low tender prices may lead to cost overruns

SCAL President Dr Ho Nyok Yong encouraged its members to be vigilant when it comes to tendering new projects.

Continue Reading8 Sept 2014

CEA wants feedback from salespersons

The Council for Estate Agencies (CEA) has been conducting focus group discussions with salespersons to gather their views for developing guidelines and policies.

Continue Reading8 Sept 2014

GCB prices still soaring amid fewer sales

Prices of good class bungalows (GCBs), considered the most expensive homes in Singapore, grew 6.7 percent to average $1,488 psf in H1 2014...

Continue Reading8 Sept 2014

Buyers shun luxury city apartments despite price falls

Luxury apartment sales in the city centre sank markedly in the first half of 2014,...

Continue Reading5 Sept 2014

Choa Chu Kang Drive EC site receives eight bids

The tender for an Executive Condominium land parcel at Choa Chu Kang Drive received eight bids.

Continue Reading5 Sept 2014