Singapore Median Condo Prices Up in June 2020
Developers’ condo sales more than doubled in June to 998 units from the previous month, reported Singapore Business Review citing Jefferies.Median prices also registered an increase from prior months during the lockdown.The report, however, noted that primary sales declined 10% year-on-year...
Continue Reading • 21 Jul 2020
LTA awards four Jurong Region Line contracts worth $682.5mil
The four contracts include the design and construction of three JRL stations, signalling system and half-height platform screen doors and integrated supervisory control and communications systems.
Continue Reading • 20 Jul 2020
New private homes sales to hit up to 7,000 this year: Knight Frank
Despite the circuit breaker restrictions, sale activities still continued to happen in Q2 2020 and Knight Frank believes that the easing of the circuit breaker measures will improve sale activities for the remainder of 2020.
Continue Reading • 17 Jul 2020
Green Court up again for en bloc sale
The three-storey development comprises three ground floor shops and six duplex walk-up apartments on the second floor.
Continue Reading • 17 Jul 2020
MAS chief sees no need to ease property cooling measures
This comes as Singapore’s property market has remained stable due to the previous property cooling measures as well as the temporary relief measures rolled out by the government.
Continue Reading • 17 Jul 2020
New private home sales soar 104.9% in June 2020
New private home sales surged after the lifting of the circuit breaker measures.
Continue Reading • 16 Jul 2020
Singapore’s Q2 GDP won't be as grim with the inclusion of June's reopening: economists
Economists say the reopening of economic activities in phase 2 could see a revision in the GDP numbers.
Continue Reading • 15 Jul 2020
Claims about lack of action from HDB on leaks, water contamination in DBSS flat untrue, says HDB
The investigations revealed no defects in the sewage system or other areas.
Continue Reading • 15 Jul 2020
Singapore enters recession after GDP contracts 12.6% in Q2
On a quarter-on-quarter seasonally-adjusted annualised basis, the economy shrank 41.2% in Q2 2020.
Continue Reading • 14 Jul 2020
Discussions on RTS Link project can be concluded by end-July, MOT
This comes as Singapore and Malaysia have been engaged in “intensive discussion” over the RTS Link project, said the ministry.
Continue Reading • 13 Jul 2020
Government refutes allegations made on living density
The government explained that Dr Cheong’s 2018 lecture was on how the republic can continue to be a highly liveable city in the event Singapore’s living density increase to 13,700 persons per square kilometre by 2030.
Continue Reading • 6 Jul 2020
1.4 million Singaporeans to get $570mil in GST Vouchers next month
Eligible Singaporeans will receive up to $300 in GST voucher, which will be directly credited into their bank accounts from 1 August.
Continue Reading • 2 Jul 2020
HDB resale prices climb 0.2% in Q2
HDB flash estimates showed that the resale price index increased by 0.2% in Q2 2020, after staying flat in Q1 2020.
Continue Reading • 1 Jul 2020
Singapore private home prices drop 1.1% in Q2
Flash estimate from the Urban Redevelopment Authority (URA) showed that the private residential property index fell 1.1% in Q2 2020.
Continue Reading • 1 Jul 2020
URA launches Jalan Anak Bukit site for tender
URA envisions the site as a distinctive development and identity marker for the Beauty World precinct.
Continue Reading • 1 Jul 2020
PropNex positive of private home market’s long-term outlook
noted that May’s month-on-month rebound in new home sales and the return of homebuyers to acquire units during Singapore's Phase 2 of the circuit breaker is “a potential sign of underlying demand, particularly for strategically-priced units”.
Continue Reading • 30 Jun 2020
Residential block at Mount Emily Road up for en bloc sale for $24mil
Situated at 2, 4 and 6 Mount Emily Road, the property comprises three adjoining units of three-storey buildings with attic and basement
Continue Reading • 30 Jun 2020
Government unveils $1.36bil support package for the construction sector
Dubbed the Construction Support Package, the fund aims to help construction firms offset additional compliance costs due to COVID-19.
Continue Reading • 29 Jun 2020
Government cuts confirmed lists sites due to COVID-19
The Confirmed List includes one executive condominium (EC) site at Tengah Garden Walk that can yield 615 units.The supply of private housing units from the Confirmed List sites under the Government Land Sales (GLS) Programme for the second half of 2020 has been reduced to take into account the...
Continue Reading • 24 Jun 2020
Property firms expect to see more transactions now that physical viewings are allowed
Many potential buyers still prefer physical viewings to get a feel of the space, environment and ambience before making a purchase decision.
Continue Reading • 23 Jun 2020