Property Market | PropertyGuru.com.sg

Foreign worker levy rebates, waiver for some employers extended until March 2022

About 15,000 firms will benefit from the foreign worker levy rebates which have been extended until March 2022.

Continue Reading • 22 Dec 2021

Singles can apply on their own under new rental flat scheme

Under the new rental flat scheme, singles can apply for a public flat individually; an appointed operator will then match them with another tenant, based on similarities.

Continue Reading • 20 Dec 2021

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Perfect Ten sells 5% of units at launch

Perfect Ten sold 12 out of 230 units during its launch weekend.

Continue Reading • 20 Dec 2021

New private home sales up 70% in November

CanningHill Piers was the best performing project in November, moving 576 units at a median price of $2,887 psf.

Continue Reading • 17 Dec 2021

Alexandra site to be redeveloped for public housing, to yield 1,500 HDB flats

The 3.7ha Alexandra site, which will yield 1,500 units, will be less than a 10-minute walk from Redhill MRT station.

Continue Reading • 17 Dec 2021

Gov’t carefully considered scope, timing of new cooling measures

The higher ABSD aims to moderate the demand from those who wish to purchase investment properties, while tighter loan limits aim to encourage “greater financial prudence” among home buyers.

Continue Reading • 17 Dec 2021

Singapore property stocks fall amid new cooling measures

The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively.

Continue Reading • 17 Dec 2021

‘Harder hitting’ cooling measures to affect home sales, en bloc market

The new Singapore property cooling measures might see a slow down in the new home sales for December and curbed momentum in the en bloc market.

Continue Reading • 17 Dec 2021

HDB to launch up to 23,000 new BTO flats per year over next two years

Separately, the government has also released five confirmed list sites and eight reserve list sites for the 1H 2022 GLS programme.

Continue Reading • 16 Dec 2021

Singapore unveils new property cooling measures

The new Singapore property cooling measures, which include a higher ABSD, lower TDSR, and tighter LTV, will take effect from today, 16 December 2021.

Continue Reading • 16 Dec 2021

Woman admits to purchasing properties on behalf of three foreigners

For purchasing a restricted residential property on behalf of a foreigner, the 49-year-old Singaporean, Song Fanrong, could be imprisoned for up to three years, fined by up to $100,000, or both.

Continue Reading • 15 Dec 2021

Baode Building up again for collective sale, price unchanged at $27mil

Located at 8 Lorong 35 Geylang, Baode Building sits on an 11,102 sq ft site near Paya Lebar MRT station and a cluster of malls including PLQ Mall, Paya Lebar Square and Singpost Centre.

Continue Reading • 15 Dec 2021

43 cases of fallen windows in first 11 months of 2021

Of the 43 cases of fallen windows, 50% involved casement windows.

Continue Reading • 13 Dec 2021

Shun Tak acquires High Point for $557mil

Located at 30 Mount Elizabeth, the 22-storey residential property, High Point, has been acquired for $557 million by Shun Tak Holdings.

Continue Reading • 10 Dec 2021

Build-To-Rent model – an alternative housing option?

Should the Build-To-Rent (BTR) model be implemented, it could benefit diverse groups such as the elderly who are empty-nesters and younger Singaporeans who crave their own space or have foreign partners.

Continue Reading • 10 Dec 2021