Landed homes market to see increased activity this year
Knight Frank noted that 253 landed homes were transacted in the second half of 2020, up from the 108 units shifted in 1H 2020 and the 126 units sold in 2H 2019.
Continue Reading • 29 Jan 2021
Government to ‘proceed with care’ when developing near biodiversity-rich areas
Minister Desmond Lee noted that providing homes for the people and conserving greenery “are both important needs”. He explained that the authorities will “study all the feedback received in detail, as we consider possible plans for the site”.
Continue Reading • 29 Jan 2021
More buyers willing to pay extra cash for HDB resale flats
One of the factors causing the higher demand and premium prices of resale HDB flats include buyers' desire for a larger living space following the experience during the circuit breaker.
Continue Reading • 29 Jan 2021
Singapore remains world’s most liveable city for East Asian expats
Recognised for its 'superior infrastructure, low pollution' and successful handling of the pandemic, Singapore remains the world's most liveable city for East Asia expatriates for the 15th year running.
Continue Reading • 28 Jan 2021
Foreign buying of private homes down to its lowest since 2003
Travel restrictions imposed in various countries prevented foreigners from visiting the city-state, many whom prefer to physically inspect the property or visit a show-flat before making a purchase.
Continue Reading • 28 Jan 2021
Adjoining sites at Bukit Timah, Duke's Road up for collective sale
With an area of 16,479 sq ft, the freehold site is zoned for residential and commercial use under the 2019 Master Plan.
Continue Reading • 27 Jan 2021
Singapore property investment to increase 20% in 2021
The positive forecast for 2021 comes on the back of the strong rebound registered in Q4 2020, where property investment sales trebled quarter-on-quarter and doubled year-on-year to $14.4 billion.
Continue Reading • 27 Jan 2021
Singapore auction market posted higher success rates in 2020
Despite a fall in auction listings from 1,387 in 2019 to 497 in 2020, the auction market still posted higher success rates, increasing to 3.6% from 1.4% in the previous year.
Continue Reading • 26 Jan 2021
CapitaLand listed among world’s most sustainable corporations
Ranked 58th in the Global 100 Most Sustainable Corporations in the World index by Corporate Knights, this is CapitaLand's ninth time on the list, jumping five places from the previous year.
Continue Reading • 26 Jan 2021
Seniors in assisted living flats can enjoy up to 80% caregiving service subsidies
The flats are set for completion in 2024 and are targeted at seniors aged 65 and above who wanted to live on their own, yet enjoy some support, care and communal activities.
Continue Reading • 26 Jan 2021
Parc Central Residences EC sells 414 units during launch
The developers revealed that a selection of three-, four- and five-bedroom units are still available. Second timer applicants can make their booking from 23 February onwards.
Continue Reading • 25 Jan 2021
Private home sales up in 2020 while retail sales continue to lag
While retail sales have recovered since the start of the pandemic, it remained weaker compared to pre-COVID days. Meanwhile, private home sales and prices continue to rise, prompting experts to speculate on cooling measures to be implemented soon.
Continue Reading • 25 Jan 2021
HDB gets 194 requests for interim rental housing
Out of the 194 requests, 17 came from future owners at Waterway Sunrise II, whose building contractor was terminated by HDB last August due to failure to meet project milestones.
Continue Reading • 25 Jan 2021
Private home prices up in Q4 2020, while new homes sales fell
For the whole of 2020, private home prices rose 2.2%, down from the 2.7% increase registered in 2019.
Continue Reading • 22 Jan 2021
Semi-detached house attracted 33 bids, sold for $3.89mil
33 bids for a property is 'abnormal', says Joy Tan, Head of Auction and Sale at Edmund Tie. The highest number of bids recorded at last year’s property auctions was over 20.
Continue Reading • 22 Jan 2021
HDB resale prices up 3.1% in Q4 2020, 5% in 2020
For the whole of 2020, prices grew 5%, the steepest increase since Q4 2012 and higher than the 0.1% gain registered in 2019.
Continue Reading • 22 Jan 2021
Stakeholders suggest selling larger plots, creating landmark developments at Jurong Lake District
Experts believe that suggestions such as selling bigger sites with attractive option schemes will provide developers the flexibility to explore new development concepts that are hard to realise in the city centre.
Continue Reading • 21 Jan 2021
Singapore ranked second preferred city for cross-border investments
Aside from being an important hub for foreign corporations eyeing to access Southeast Asia, Singapore is also emerging as a viable alternative to Hong Kong SAR among firms establishing Asia Pacific headquarters.
Continue Reading • 21 Jan 2021
HDB issues $800mil fixed rate notes
In denominations of $250,00 and payable semi-annually in arrear, the notes will mature on 19 January 2026.
Continue Reading • 20 Jan 2021
Ministerial comments, rising prices spark talk of additional property cooling measures
Minister Desmond Lee's urge for Singaporeans to exercise prudence when acquiring property and the recent rise in private home prices have experts believing them as signals for another round of cooling measures.
Continue Reading • 20 Jan 2021