Singapore housing affordability to slightly worsen amid price hikes
Despite increasing property prices, housing affordability in Singapore is likely to remain sound.
Continue Reading • 26 Aug 2021
Singapore private home market to remain on sound footing
8,449 units in the primary and secondary private home market were transacted in Q2 2021, a 4.3% quarter-on-quarter increase.
Continue Reading • 25 Aug 2021
More developers express concern over high construction costs
88% of the developers surveyed by NUS were "very concerned" about high labour costs over the next six months, and 58% were worried about building material costs.
Continue Reading • 24 Aug 2021
Town council upgrading projects scaled down or delayed due to hike in construction costs
Construction and renovation costs have increased by 20 to 50%, resulting in town council upgrading projects being scaled down or completion timelines being delayed by several months.
Continue Reading • 23 Aug 2021
Several Tampines buildings to feature greener cooling system
The distributed district cooling system will be installed in seven buildings in Tampines in a bid to reduce electrical consumption and bring Tampines closer to its Eco Town ambition.
Continue Reading • 20 Aug 2021
CapitaLand, CDL to launch CanningHill Piers in Q4 2021
CanningHill Piers is a 696-unit development set to launch in Q4 2021, offering units that range from 410 sq ft to 8,950 sq ft.
Continue Reading • 20 Aug 2021
The Assembly Place on track to achieve 1,000 room target by Q1 2022
Four more buildings on 25A Perak Road, 3 Tank Road, 18 Penhas Road, and 272 East Coast Road, have been secured by The Assembly Place under management contract.
Continue Reading • 19 Aug 2021
August BTO exercise sees higher demand for BTO flats in non-mature estates
11,420 applicants applied for the 459 four-room units available at Hougang Citrine and Kovan Wellspring.
Continue Reading • 19 Aug 2021
OCR sells record 397 new homes in July, 141 units sold above $2mil
Slightly more than a third (35.5%) of the OCR private home shifted in July 2021 were sold for at least $2 million.
Continue Reading • 18 Aug 2021
Singapore new private home sales surge 82.2% in July
According to data from the URA, new private home sales in July was the highest this year, with 1,744 units sold in total.
Continue Reading • 17 Aug 2021
New DBS loan allows seniors to borrow against their private property
Singaporeans and Singapore Permanent Residents aged 65 to 79 will be able to borrow against their fully paid private homes to top up their CPF Retirement Sums that will be used for the CPF LIFE scheme.
Continue Reading • 17 Aug 2021
New private home sales up 77% in July despite tightened measures
Based on caveats lodged, new private home sales jumped 77.2% to 1,545 units from the 872 units shifted in June.
Continue Reading • 16 Aug 2021
Gov’t unveils new measures to help retain workers in construction, marine sectors
Work permit holders whose permits are expiring within this year will be allowed to renew their work permits for up two years even as they do not meet the renewal criteria.
Continue Reading • 16 Aug 2021
BTO bookings cancellations down in 2020
There were 1,700 cancellations in 2020 as compared to the 1,450 appeals between 2018 and 2019.
Continue Reading • 13 Aug 2021
HDB launches 4,989 BTO flats, more than half in mature estates
Applicants can expect to wait between 37 to 67 months for the seven projects in the August 2021 BTO launch to be completed.
Continue Reading • 12 Aug 2021
Ultra-rich driving property frenzy in Singapore
S$32.9 billion worth of luxury properties transacted during the first half of 2021 alone, marking it as the biggest property frenzy Singapore has seen in over 10 years.
Continue Reading • 11 Aug 2021
Proportion of loss-making resale home deals up in June
In the resale market, the share of loss-making transactions stood at 13.8% in June, up from 10.5% in May 2021.
Continue Reading • 11 Aug 2021
Jui Residences’ 117 units fully sold since soft launch in 2018
All 117 units at Jui Residences have been fully sold, with a selling price of about $1,600 psf.
Continue Reading • 10 Aug 2021
Group sizes for property visits increased to five
Five distinct persons per day may attend property visits to view homes already inhabited by a household. Open house activities remain suspended.
Continue Reading • 10 Aug 2021
COVID-19 antigen rapid testing to be mandatory for construction sector
COVID-19 antigen rapid testing will be made compulsory for all those working in the construction sector, including non-dormitory workers and visitors.
Continue Reading • 10 Aug 2021