Sales of luxury condo rose 72% in Q1 despite market uncertainties
OrangeTee & Tie attributed the stellar sales to the new sale segment where 554 new luxury condominiums were sold in Q1 2020.
Continue Reading • 4 May 2020
HDB announces EC GLS for sale in Yishun, the first in over six years
The Housing and Development Board (HDB) on 30 April launched an executive condominium (EC) site at Yishun Avenue 9 for sale by public tender.With an area of 21,514.0 sq m, the confirmed list site has a maximum permissible gross floor area of 60,240.0 sq m and maximum building height of 56 m above...
Continue Reading • 4 May 2020
Singapore to face more job losses, wage cuts, MAS report
While the government has rolled out a slew of aid to help workers and employers, MAS still expects retrenchment and unemployment to increase.
Continue Reading • 29 Apr 2020
Helping Those Affected By COVID-19
At PropertyGuru, we believe that every person should have a place to call home. We are canvassing support from kind-hearted individuals and organisations to help our fellowmen and women in need, across the region.
Continue Reading • 28 Apr 2020
Construction projects may be delayed by months
Faced with limited manpower, material shortages and the circuit breaker measures, construction projects are set to be pushed back.
Continue Reading • 27 Apr 2020
Private home prices down 1% in Q1 2020
Property sales were generally muted as well with lockdowns imposed around the world and stricter safe distancing measures.
Continue Reading • 24 Apr 2020
CapitaLand vows to aid elderly Singaporeans through $1million worth of Covid-19 reliefs
The group’s move is intended to enhance the emergency preparedness for the elderly, considering that heightened precautions limited the volunteer support and supplies coming at their homes.
Continue Reading • 24 Apr 2020
HDB resale volume down 7% amid Covid-19 outbreak
Resale HDB flats have declined by 7% in Q1 2020.
Continue Reading • 24 Apr 2020
Home buyers to remain cautious in the short term
With sentiment remaining weak amid the cooling measures in place and the job market rendered insecure, Edmund Tie expects homebuyers to show greater caution in home acquisitions at least for the first two quarters of 2020.
Continue Reading • 23 Apr 2020
75% wage subsidy under Job Support Scheme to be extended
Apart from that, employers will receive a levy rebate payout of $750 for each foreign worker in employment.
Continue Reading • 22 Apr 2020
Residential market sentiment to weaken amid restrictive containment measures
Knight Frank expects market sentiment to weaken amid concerns over job security as well as restrictive containment measures due to Covid-19.
Continue Reading • 20 Apr 2020
Singapore residential sales rose 20% in Q1: Huttons Asia
Residential sales in Singapore climbed 20% year-on-year in the first quarter of 2020.
Continue Reading • 17 Apr 2020
Private home sales fall 32.4% in March amid Covid-19
Transactions sharply tapered off as the effects of the Covid-19 began to hurt sentiment reverberate through the economy.
Continue Reading • 16 Apr 2020
Singapore investment sales to grow 5% per annum in 2019-2024
Property investment sales in Singapore is projected to grow 5% per year in the longer term over 2019 to 2024 even as this year’s sales is expected to drop 24% year-on-year, revealed a Colliers International report.
Continue Reading • 15 Apr 2020
Residential sector dominates investment sales in Q1 2020
Cushman & Wakefield attributed the surge in volume to the award of various residential Government Land Sales sites in Q1 2020.
Continue Reading • 14 Apr 2020
Construction sector to register double-digit decline in Q2
Economists expect the construction industry to suffer a big hit in the second quarter of 2020 from the Covid-19 pandemic.
Continue Reading • 13 Apr 2020
Construction of BTO flats to be fast-tracked after circuit breaker period ends on 4 May
Construction of BTO projects will be quickened after the circuit breaker period is over.
Continue Reading • 13 Apr 2020
Covid-19: Some homeowners forced to move into half-finished homes
Flat owners whose units require extensive renovations that cannot be completed by 9 April were advised to delay renovations works until the lifting of the circuit breaker measures, said an HDB spokesperson.
Continue Reading • 9 Apr 2020
Former property agent sentenced to jail for swindling client of more than $26,000
Kamsaton Rohani was sentenced to suffer 11 months of jail time after pleading guilty to cheating one of her clients.
Continue Reading • 8 Apr 2020
MAS waives TDSR limits for deferred mortgage repayments
Borrowers who apply to defer either their home loan’s principal payment or both their interest and principal payments will be exempt from the TDSR limitations.
Continue Reading • 8 Apr 2020