Property Market | PropertyGuru.com.sg

Illegal short-term rentals on the rise, neighbours encouraged to report suspicious activity

More private property owners are renting out their units for illegal short-term stays via apps such as Airbnb. The number of reported cases rose from 377 in 2015 to 608 last year...

Continue Reading • 2 Aug 2017

Lift Upgrading Programme unfeasible in 150 blocks

Despite the various innovative solutions, the Lift Upgrading Programme (LUP) could not be implemented to 150 HDB blocks, including six blocks in Hougang, due to costs or technical constraints

Continue Reading • 2 Aug 2017

Seniors to look forward to nearly 11,000 new flats

Singapore’s Housing and Development Board (HDB) had completed a total of 9,119 studio apartments catering specifically to the elderly age 55 and above from 2002 to June 2017

Continue Reading • 2 Aug 2017

Amendments to Building Maintenance and Strata Management Act tabled in Parliament

33 amendments to the city-state’s Building Maintenance and Strata Management Act were tabled in Parliament, and if passed – will mark the first revision to the law since its introduction in April 2005

Continue Reading • 2 Aug 2017

HDB launches 5,291 flats in August

The HDB on Tuesday launched 5,291 flats for sale in its latest Build-To-Order (BTO) and inaugural Re-Offer of Balance Flats (ROF) exercise...

Continue Reading • 1 Aug 2017

Roxy-Pacific net profit down 26% in Q2

Roxy-Pacific Holdings saw its net profit drop 26 percent to $14.7 million in Q2 2017 from $19.9 million over the same period last year...

Continue Reading • 1 Aug 2017

Tuan Sing targeting August launch for Kandis Residence

Singapore-listed Tuan Sing Holdings is targeting to launch Kandis Residence in Sembawang as early as August this year. The 130-unit condominium...

Continue Reading • 1 Aug 2017

Analyst: People are buying because of bad economy

Aside from the belief that the property market is bottoming out, the city-state’s uncertain economy has seen investors turning to residential property...

Continue Reading • 31 Jul 2017

EC sales likely to remain strong in Q3

Sales of executive condominiums (ECs) increased by 8.5 percent to 2,026 units in H1 2017 from 1,867 units during the same period a year ago...

Continue Reading • 31 Jul 2017

Private home prices fall 0.1% in Q2, smallest decline in 15 quarters

Private home prices fell by a marginal 0.1 percent in the second quarter of 2017, compared with the 0.4 percent drop in the previous quarter...

Continue Reading • 28 Jul 2017

HDB resale flat prices down 0.1% in Q2

Prices of resale flats fell 0.1 percent in the second quarter of 2017 from the previous three-month period, according to the latest HDB Resale Price Index...

Continue Reading • 28 Jul 2017

Serangoon North Avenue 1 site attracts 16 bids

The tender for a residential plot at Serangoon North Avenue 1 closed on Thursday (27 July) after drawing 16 bids, said the URA...

Continue Reading • 28 Jul 2017

Property tycoons continue to top Singapore’s 50 Richest list

For eight consecutive years, property brothers Robert and Philip Ng of Far East Organisation retained their top spot in Forbes Asia’s Singapore Rich List, with their fortune at US$9.4 billion (S$12.8 billion) this year

Continue Reading • 28 Jul 2017

MAS advises caution on property related blockchain platforms

Recognising the risk that ‘dirty’ money may be laundered via their platforms, both FundPlaces and Reidao have set up due-diligence and know-your-customer (KYC) processes at the pre-registration phase

Continue Reading • 28 Jul 2017