HDB launches over 11,000 flats for November BTO, SBF exercises
Experts observe that the flats in Sembawang, Tampines and Tengah are expected to attract “fairly healthy applications”, though they would not be as hotly contested as those in Bishan and Toa Payoh (Bidadari).
Continue Reading • 18 Nov 2020
Homebuyers facing financial difficulties given more time to make payment
The extension from 31 December to 31 March 2021 seeks to help residential, industrial and commercial property buyers affected by the pandemic.
Continue Reading • 17 Nov 2020
New Private home sales fell 51.7% in October amid new curbs
The clampdown on the re-issue of options to purchase (OTP) by developers, as well as the lack of new launches could be reasons for the decline in new home sales, observed analysts.
Continue Reading • 17 Nov 2020
Residents of Geylang Lorong 3 houses are first to hand-over homes to state
Of the 37 families living there, 30 have already found alternative housing, while the remaining seven are “considering renting another property in the interim”, noted the SLA.
Continue Reading • 16 Nov 2020
1,200 visitors flocked The Landmark preview
The appointment-only viewing, in light of safe management measures, garnered more than favourable response at its first preview weekend as all appointment slots were fully taken up.
Continue Reading • 16 Nov 2020
The Linq @ Beauty World sells 96% of residential units over weekend launch
115 out of its 120 residential units were sold, with an average selling price of $2,150 per sq ft (psf) to $2,200 psf.
Continue Reading • 16 Nov 2020
ERA’s market share in new homes segment up in Q3 2020
ERA Realty’s estimated market share in the new homes segment climbed to 29.7% in the third quarter of 2020 from 29.5% over the same period last year.
Continue Reading • 13 Nov 2020
Undeterred by COVID-19, Singaporeans on property buying binge
The government cautions Singaporeans from the lure of cheap mortgages, and to remain prudent "given the labour market uncertainties in the current economic situation".
Continue Reading • 13 Nov 2020
ERA rolls out new digitalisation initiatives for agents, customers
ERA APAC Centre's Transformation Ceremony on 11 November, attended by Minister Demond Lee, unveiled digital initiatives aimed at making property transactions efficient and seamless.
Continue Reading • 13 Nov 2020
The Landmark to open for preview this Saturday
The 396-unit District 3 project sits atop Pearl's Hill, promising a panoramic view of Singapore's Downtown.
Continue Reading • 12 Nov 2020
PropNex Q3 profit rose 10.6% on strong domestic demand for private, public homes
PropNex's profit after tax and minority interest (PATMI) increased to $6.76 million during the third quarter of 2020 from $6.11 million over the same period last year.
Continue Reading • 12 Nov 2020
133 condo units sold in first week of Nov: Huttons
Units sold in developments located within the OCR and the RCR made up 35.5% and 46.6% of the total sales, while the CCR accounted for 18%.
Continue Reading • 11 Nov 2020
URA excludes pricing data on foreign home buying in Realis
Realis’ users, however, can still analyse transactions by nationality against other variables like land tenure and postal district.
Continue Reading • 10 Nov 2020
"Irresponsible" scare tactics by property investment educators and agents slammed by authorities
The Council for Estate Agencies (CEA) has also warned real estate agents against using “inaccurate, false and misleading claims” to pressure HDB owners into selling their flats for the sake of earning more commission.
Continue Reading • 9 Nov 2020
Knight Frank sold 25% of properties put up for auction in October
Amongst the properties sold, a two-storey semi-detached home at 14 Lorong Kismis attracted 14 bids and was sold for $1.32 million, which is up 20% from its $1.1 million opening price.
Continue Reading • 9 Nov 2020
HDB sees more reports on social disamenities during circuit breaker
Social disamenities relating to noises, cigarette smoke and foul smells increased from 600 cases per month between January to March, to 2,100 cases per month from April to July.
Continue Reading • 6 Nov 2020
Concessionary property tax rates automatically granted to EC, HDB, DBSS flat owners
Only owner-occupied residential properties enjoy concessionary property tax rates. Properties which are rented out or vacant do not enjoy this concession, says Deputy Prime Minister Heng Swee Keat.
Continue Reading • 5 Nov 2020
Government extends all construction contract deadline by four months
Affected homebuyers can seek reimbursement from developers, including the Housing and Development Board (HDB), for out-of-pocket costs due to construction delays, such as when they would have to rent a place for a longer period.
Continue Reading • 4 Nov 2020
Singapore bank lending declines for seventh consecutive month in September
On an annual basis, total bank lending declined 1% in September, with business loans and consumer loans contracting 0.2% and 2.5%, respectively, from a year ago.
Continue Reading • 3 Nov 2020
Singapore, Vietnam see more V-shaped recovery in Asean
Maybank’s economists attributed Singapore and Vietnam's more “V” recoveries to generous government subsidies, low interest rates, high household savings rate and work-from-home policies.
Continue Reading • 2 Nov 2020