Property agents, condo buyers charged with backdating Option to Purchase to evade higher ABSD
If found guilty under the Stamp Duties Act, all four can be imprisoned for up to three years and/or fined up to $10,000.
Continue Reading • 15 Mar 2021
Robots to deliver groceries, parcels in Punggol as part of trial
With the robots, customers can choose when the items would be delivered to them instead of following a fixed delivery schedule, resulting in more convenience and faster deliveries.
Continue Reading • 12 Mar 2021
New home sales fell 60% in February 2021
Developer sales plunged 60% to 639 units in February from January’s 1,609 units, on the back of the Chinese New Year celebrations and the lack of new launches.
Continue Reading • 12 Mar 2021
Singapore GDP to grow 5.8% this year, MAS survey
The estimates of 24 economists polled by MAS showed that Singapore’s GDP is anticipated to increase 5.8% this year, up from the 5.5% forecast in the previous survey in December.
Continue Reading • 11 Mar 2021
ERA unveils new overseas partnership, ground-breaking proptech tools
ERA, Singapore’s largest international real estate agency, is expanding its regional presence with its entry into a new overseas partnership with homegrown Indian real estate agency, HomeSFY.
Continue Reading • 11 Mar 2021
Freehold Devonshire Apartment on sale for $66mil
Currently fully leased to a single operator, the freehold, 12-unit serviced apartment has a total gross floor area of about 23,233 sq ft.
Continue Reading • 10 Mar 2021
The Bayron relaunched for sale with price unchanged at $376mil
This works out to a land rate of around $2,377 per sq ft per plot ratio (psf ppr) or about $2,287 psf ppr should the 7% bonus gross floor area for balconies are taken into consideration.
Continue Reading • 10 Mar 2021
About 6,000 appeals for third HDB loans received in 2020
Households requiring a third housing loan have to seek financing from financial institutions regulated by the Monetary Authority of Singapore (MAS).
Continue Reading • 9 Mar 2021
Two adjoining GCBs at Ewart Park and Holland Road on sale
The bungalow at Ewart park occupies a 17,300 sq ft freehold site, while the GCB at Holland Road spans 15,500 sq ft.
Continue Reading • 9 Mar 2021
Singapore economy to rebound to pre-pandemic levels by Q4
Singapore's economy is expected to recover to pre-COVID-19 levels by Q4 2021 and will be one of the key markets in growth in the Asia Pacific region.
Continue Reading • 8 Mar 2021
GCB market sees strong sales momentum
GCB deals in the first two months of 2021 have registered nearly $424 million of deals, or nearly 40% of the tally for the whole 2020.
Continue Reading • 8 Mar 2021
HDB to further streamline flat buying process
HDB will roll out new features on the HDB Flat Portal to improve the buying process, including a new document that consolidates the results on buyers’ eligibility assessment for a new or resale flat purchase, HDB loans and housing grants.
Continue Reading • 5 Mar 2021
BCA: New buildings to face higher minimum energy performance requirements
Starting from Q4 2021, new developments submitted for planning approval will be required to be 50% more energy efficient than the 2005 levels, up from the 30% current requirement.
Continue Reading • 5 Mar 2021
HDB to pilot new housing model to allow Singles to apply for HDB rental flats without finding a flatmate
The new housing model will be piloted by HDB later this year to allow singles to apply for public rental flat without having to find a flatmate first.
Continue Reading • 5 Mar 2021
GuocoLand to launch Midtown Modern on 20 March
Midtown Modern, a luxury residential project at mega integrated development Guoco Midtown on Beach Road and Tan Quee Lan Street, is set for launch on 20 March.
Continue Reading • 4 Mar 2021
About 1,700 flats surrendered to HDB in last 5 years, says MND
Around half of the 1,700 flats surrendered were two-room flats, one-sixth were three-room flats, and one-third were four-room or larger flats.
Continue Reading • 4 Mar 2021
1,521 flats sold under HDB’s open booking scheme
Minister of State for National Development Tan Kiat How said a total of 1,521 flats sold under HDB’s open booking scheme.
Continue Reading • 4 Mar 2021
215,000 flats upgraded through home improvement scheme
The Housing and Development Board (HDB) on Tuesday (2 March) said close to 70% of the 320,000 flats that are eligible for the Home Improvement Programme (HIP) have been upgraded under the programme, reported Channel News Asia (CNA).
Continue Reading • 3 Mar 2021
Singapore ranked most desirable location for luxury homes by Asia’s wealthy
Singapore has emerged as the most desirable locations to buy investment homes for wealthy Asians within Asia and the fourth most desirable among Asian homebuyers globally.
Continue Reading • 2 Mar 2021
Freehold semi-detached house near Orchard Road on sale for $10.98mil
The two-storey semi-detached house at 35 Jalan Arnap is located near the Orchard Road shopping belt with the future Orchard Boulevard MRT station just 300 metres away.
Continue Reading • 2 Mar 2021