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Pearl Bank’s looming demolition sparks soul-searching

With Pearl Bank serving as a reminder of Singapore’s intense development following its independence in 1965...

Continue Reading23 Feb 2018

S’pore 2nd least corrupt nation in Asia Pacific

Singapore emerged as the second least corrupt nation in Asia Pacific, according to Transparency International’s Corruptions Perceptions Index 2017...

Continue Reading23 Feb 2018

PropertyGuru News and Views Issue 122

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Login to continue Reading22 Feb 2018

Buyer optimism returning to the Singapore residential market

The latest PropertyGuru Consumer Sentiment Survey gives one much to cheer about. Buyers’ sentiment is the highest since 2013...

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Eye on Bidadari: From burial ground to boomtown

There was an outcry when it was announced that the historic Bidadari Cemetery would be exhumed to make way for a new housing estate...

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Qualities of a good property agent 

A licenced property agent should be up-to-date with the existing rules, such as those involving HDB flats, private homes and commercial real estate. This is to provide accurate and effective advice to clients...

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News Roundup (February 2018)

Our top Singapore property stories...

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Leveraging opportunities for property investment in 2018

Analysts have predicted that Singapore’s property market will rebound this year and extend into 2019. This is due to the increase in the property price index across all segments...

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Going above and beyond the call of duty

The government recently unveiled the latest roadmap for Singapore’s real estate industry, which will see customer ratings and transaction details of property agents being published in the near future...

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Bungalow of elderly widow duped by ex-tour guide on sale for over $35 million

2F Gerald Crescent, a sprawling single-storey bungalow in Seletar Hills that has been the subject of much controversy, has been put up for sale by tender, with an asking price of about $35.07 million...

Continue Reading22 Feb 2018

Buyer’s stamp duty hike to boost government coffers

While the recently announced higher buyer’s stamp duty is not expected to put off home buyers, the hike will mean additional revenue for the government to pay for growing expenditure in areas such as infrastructure and healthcare...

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3 sites launched for sale, including Fairhaven and Pomex Court

Three private residential sites have been put up for sale by different marketing agents for a total of more than $181 million. On Wednesday (21 February), a rare 9,999-year leasehold housing site...

Continue Reading22 Feb 2018

Nominees for Cambodia property awards revealed

The official shortlist of nominees for the PropertyGuru Cambodia Property Awards 2018 has been revealed...

Continue Reading21 Feb 2018

Property stocks drop on higher buyer’s stamp duty

The one-percentage-point hike in the top marginal buyer's stamp duty (BSD) rate for residential properties priced over $1 million...

Continue Reading21 Feb 2018

Buyer’s stamp duty hike to have mild effect on property demand

The top marginal buyer's stamp duty (BSD) rate hike for residential properties priced over $1 million...

Continue Reading21 Feb 2018

32,000 households are in mortgage of 3 months or more

A drop in household income and prolonged unemployment or illness are among the common reasons why Singapore households fall into mortgage arrears...

Continue Reading20 Feb 2018

Budget 2018: Govt raises buyer's stamp duty for residential properties priced above $1 million

With effect from Tuesday (20 February), the top marginal Buyer's Stamp Duty (BSD) rate for residential properties priced above $1 million will be raised to 4.0 percent from 3.0 percent previously...

Continue Reading20 Feb 2018

Budget 2018: Govt enhances proximity housing grant for resale flat buyers

In his Budget 2018 speech on Monday (19 February), Finance Minister Heng Swee Keat announced several new enhancements to the Proximity Housing Grant (PHG) to help Singaporeans looking to live with or near their loved ones...

Continue Reading20 Feb 2018

Brookvale Park sold en bloc for $530m

The 160-unit development Brookvale Park has been sold to Hoi Hup Sunway – a joint venture between Hoi Hup Realty and Sunway – for $530 million, revealed marketing agent JLL...

Continue Reading19 Feb 2018

3,000 public rental tenants purchased their first home: HDB

Thanks to the Housing and Development Board's (HDB) various housing grants, about 3,000 rental flat tenants were able to acquire their first home in the Build-To-Order (BTO) or Sales of Balance Flats (SBF) exercises between 2013 and 2017...

Continue Reading19 Feb 2018