Strong demand for new flats in mature estates may boost resale prices
However, the popularity of public housing within mature estates is apparent for BTO flats only. The top five neighbourhoods for resale flats were a mixture of mature and non-mature estates.
Continue Reading • 26 Jul 2021
Number of new BTO projects in mature estates increased by almost 50%, says HDB
In the last four years, almost 25,600 BTO flats were offered within older residential areas such as Queenstown, Bukit Merah, Tampines, Toa Payoh, Ang Mo Kio, Bishan and Clementi.
Continue Reading • 26 Jul 2021
Private home, HDB resale prices increase for fifth consecutive quarter
Private home and resale flat prices have continued to climb for the fifth straight quarter, as demand for properties continued to be strong in Q2 2021 despite the Phase 2 (Heightened Alert) measures.
Continue Reading • 23 Jul 2021
Land plots at Lentor Central, Tampines Street 62 receive nine bids each
Guocoland submitted the highest bid for the Lentor Central site at $784 million, while a joint venture between Qingjian Realty and Santarli Construction submitted the top bid for the EC site at Tampines Street 62 at $422 million.
Continue Reading • 23 Jul 2021
Two adjoining terraces at Chiap Guan Avenue up for sale
Located within the landed housing district of Kovan, the properties – which comprise an intermediate and corner terrace – have a combined site area of 440.7 sq m (4,744 sq ft), with a total frontage of 16m.
Continue Reading • 23 Jul 2021
Group sizes for showflat visits cut to two as Phase 2 (Heightened Alert) Measures return
The permissible group size for showflat visits is reduced from five to two persons. The allowable number of distinct visitors allowed per household a day was also reduced from five to two persons.
Continue Reading • 22 Jul 2021
LTA unveils new grant to install electric vehicle chargers in condos
The Land Transport Authority (LTA) revealed that the Electric Vehicle Common Charger Grant will help fund the installation cost of 2,000 EV chargers at such homes as an early adoption incentive.
Continue Reading • 21 Jul 2021
Construction works on Ang Mo Kio MRT interchange station to commence in Q4
The new CRL station will allow commuters to save 70 minutes of travel time between Ang Mo Kio and Aviation Park, bringing it to just 35 minutes. Travel time from Ang Mo Kio to Pasir Ris will also be reduced to 25 minutes from one hour.
Continue Reading • 21 Jul 2021
URA launches public engagement exercise to review long-term land use needs
The feedback will be used by URA and other relevant agencies to develop long-term land use plans and strategies to cater to various future possibilities.
Continue Reading • 21 Jul 2021
Singapore new private home sales down 2.6% in June
New private home sales dropped 2.6% month-on-month, from 895 to 872 units, and decreased 12.6% year-on-year.
Continue Reading • 16 Jul 2021
UOL to preview The Watergardens at Canberra on Saturday
Prices for The Watergardens at Canberra start at under $920,000, $1.3 million and $1.8 million for a two-, three- and four-bedroom apartment respectively.
Continue Reading • 16 Jul 2021
Property investment deals surged 127.3% in Q2, may hit $30bil by end-2021
Property investment deals increased 127.3% year-on-year to $5 billion in Q2 2021.
Continue Reading • 15 Jul 2021
JLL launches $2.6mil talent development programme
The three-year talent development programme by JLL will cost $2.6 million and support young talent, mid-career transitions and upskill the local workforce.
Continue Reading • 15 Jul 2021
Residential sector dominates investment sales for Q2 2021
7,267 units in the residential sector changed hands in Q2 2021. The residential sector accounted for 56% of the total property investment sales at $3 billion.
Continue Reading • 14 Jul 2021
Geylang development up for collective sale for $27mil
Located at 8 Lorong 35 Geylang, the eight-storey Baode Building is a residential development that is going for $27 million.
Continue Reading • 14 Jul 2021
Property agent pleads guilty to instigating another agent to backdate Option to Purchase
By illegally backdating the Option to Purchase, the buyers were able to pay 10% Additional Buyer's Stamp Duty, instead of 15%, effectively evading $69,000 in stamp duty fees.
Continue Reading • 13 Jul 2021
Grab CEO’s wife acquires GCB in Bin Tong Park for $40mil
The 21,6327 sq ft Bin Tong Park property, bought for $40 million, is expected to be redeveloped by the couple.
Continue Reading • 12 Jul 2021
Singapore-based HiLife Interactive clinches $8mil funding in Series A round
The smart living company will use the funding to double its presence within Southeast Asia with new markets like Cambodia, and break into the European and Australasia markets by the end of this year.
Continue Reading • 9 Jul 2021
BTO flat buyers hit by construction delays may appeal to cancel booking without penalties
If the buyer’s appeal is granted, the option fee penalty and one-year wait-out period will be waived by the HDB.
Continue Reading • 9 Jul 2021
Singapore may see more smaller homes, shorter-lease units: Experts
Smaller household growth and an ageing population could see more smaller homes with shorter leases in the future.
Continue Reading • 8 Jul 2021