1,400 people from Singapore have US$50m or more in net assets
Singapore's ultra-wealthy population surged to 1,400 individuals in 2017, up 18 percent from 1,190 the year before, according to Knight Frank's 2018 Wealth Report unveiled today...
Continue Reading • 8 Mar 2018
A housing bubble is unlikely, report
OrangeTee believes that Singapore will unlikely see a housing bubble even as property prices have increased amidst higher land cost and robust demand...
Continue Reading • 7 Mar 2018
Shorter waiting time for BTO flats
Young couples can look forward to getting their keys earlier for build-to-order (BTO) flats...
Continue Reading • 7 Mar 2018
Rules eased for divorcees looking to buy subsidised HDB flats
To better support the housing needs of divorced parents and their children, the Housing and Development Board (HDB) has scrapped a policy which only allows one party to buy or own a subsidised flat...
Continue Reading • 7 Mar 2018
Airbnb ready to make concessions in Singapore
A top executive at Airbnb said the home-booking company is willing to make concessions on short-term rentals within Singapore...
Continue Reading • 6 Mar 2018
Geylang freehold sites bought for $60mil
A joint venture (JV) between Heeton Holdings, Lian Beng Group and KSH Holdings has completed the acquisition...
Continue Reading • 6 Mar 2018
Nicon Gardens up for collective sale at $110m
Nicon Gardens, a strata landed development along Choa Chu Kang Road, will be launched for collective sale this Thursday (8 Mar), said marketing agent ERA Realty...
Continue Reading • 6 Mar 2018
3,330 singles collected keys to their new flats
Since the easing of rules on singles in 2013, 3,300 of the 12,000 singles that have applied for new two-room flats in non-mature estates have collected the keys to their new flats as at end-January 2018...
Continue Reading • 5 Mar 2018
Hollandia in District 10 sold for $183.38m
The 48-unit Hollandia development at the junction of Holland Road and Queensway has been sold through a collective sale to FEC Properties for $183.38 million...
Continue Reading • 2 Mar 2018
Expected home price hike driven by record land sales
Private home prices in Singapore are anticipated to rise further in the future on the back of record sums offered by developers for government land and en bloc sites...
Continue Reading • 2 Mar 2018
Sentosa Cove penthouse sold at $2.4 million loss
A two-level penthouse at Sentosa Cove's posh The Berth by the Cove was sold on mortgagee sale at an auction on Wednesday (28 Feb) for $3.25 million, which works out to $1,105 psf...
Continue Reading • 1 Mar 2018
Development charge rate hike won't dampen collective sale fever
The Ministry of National Development, in consultation with the Chief Valuer, has raised the development charge (DC) rates for non-landed residential use by an average of 22.8 percent...
Continue Reading • 1 Mar 2018
Ex-property agents plead guilty to illegal short-term rentals
Earning at least $19,000 over a period of five weeks, two men facing four charges of illegally renting out condominium units for short-term stay via home-sharing sites such as Airbnb pleaded guilty on Tuesday (27 Feb)...
Continue Reading • 28 Feb 2018
Windy Heights up for en bloc sale for $806.2m
The current en bloc fever shows no signs of abating with Windy Heights being the latest project to join the craze. Located off Jalan Daud, the freehold residential estate...
Continue Reading • 28 Feb 2018
URA launches prime site at Cuscaden Road for sale
A plum residential site at Cuscaden Road in the Orchard area was launched for sale on Tuesday (27 Feb) under the confirmed list of the first half 2018 Government Land Sales (GLS) Programme...
Continue Reading • 28 Feb 2018
Sumang Walk EC site attracts 17 bids
The tender exercise for an executive condominium (EC) site at Sumang Walk in Punggol closed on Tuesday (27 Feb) after attracting 17 bids, said the Housing and Development Board (HDB)...
Continue Reading • 28 Feb 2018
The Estoril, Tulip Garden up for collective sale
Two residential developments in prime district 10 – The Estoril and Tulip Garden – recently joined the en bloc sale bandwagon...
Continue Reading • 27 Feb 2018
World Class Global’s Melbourne project nearly sold out
Singapore-listed developer World Class Global (WCG) has sold more than 96 percent of the 456 units at its 56-storey AVANT residential project...
Continue Reading • 27 Feb 2018
Buyer’s stamp duty hike unlikely to hinder housing market recovery
The Real Estate Developers’ Association of Singapore (REDAS) believes that the hike in buyer’s stamp duty (BSD) is unlikely to jeopardise the recovery of the city-state’s private housing market, reported the Business Times...
Continue Reading • 26 Feb 2018
First Re-Offer of Balance Flats exercise sees robust take up
The first Re-Offer of Balance Flats (ROF) exercise held last August witnessed a strong take up rate of 93 percent, reported Channel NewsAsia citing the Housing and Development Board (HDB)...
Continue Reading • 26 Feb 2018