Singapore Property

News, Resource and information of Singapore Property for Singapore property market by PropertyGuru.com.sg, Singapore’s leading property site.

26 GCBs sold in 2014

The Good Class Bungalow (GCB) market has been buzzing this year as demand is still healthy, with 26 of them sold.

Continue Reading24 Dec 2014

Private home prices down almost 5% in 2014

Prices of private properties in Singapore fell by 4.79 percent during the first nine months of 2014, compared to an annual increase of 2.1 percent in the same period last year.

Continue Reading12 Dec 2014

Geylang lodgings a lucrative business

Despite being shabby, walk-up apartments in Geylang have turned into a lucrative source of income for property agents, who use them to house foreign workers.

Continue Reading12 Dec 2014

Lake Life a hit with first-time buyers

Around 45 percent of Lake Life's buyers were first-time buyers, and the project sold 521 out of its 546 units during its launch – a record for the most first-day sales since the government tightened mortgage rules.

Continue Reading11 Dec 2014

Hiap Hoe sells upscale condo to controlling shareholder

Hiap Hoe Group is selling its high-end condominium, Treasure on Balmoral, to its controlling shareholder, Hiap Hoe Holdings, to dodge hefty extension fees under the qualifying certificate (QC) rules.

Continue Reading10 Dec 2014

Hong Leong Group is Singapore's top seller

City Developments Limited (CDL) and its parent Hong Leong Group emerged as Singapore's top seller of residential units, selling 1,370 new homes so far this year.

Continue Reading9 Dec 2014

Private property prices remain high: MAS

Private property prices in Singapore have moderated but remain at an elevated level, according to Monetary Authority of Singapore (MAS)'s Financial Stability Review 2014.

Continue Reading28 Nov 2014

2014 "most dismal year since 2008"

As 2014 nears its end, developers are likely to time the launch of their projects to avoid the year-end lull period.

Continue Reading27 Nov 2014

More repossessed homes up for auction

Singapore's weak property market saw the number of homes put on auction by banks increase significantly.

Continue Reading24 Nov 2014

31% of private home in Q3 sold for less than $1 million

Only 777 non-landed units were sold below $1 million in Q3 2014, mainly located in suburban areas, dropping from the 41 percent of non-landed units transacted below $1 million in Q2.

Continue Reading24 Nov 2014

Lafe Corp to sell 5 units at Emerald Hill

The wife of Lafe Corporation's Chairman plans to buy five residential units at Residences @ Emerald Hill, according to media reports.

Continue Reading21 Nov 2014

Larger share of $2 million homes sold in Q3

2,722 private homes were transacted in Q3 2014, and 606 units or 22% were purchased at prices above $2 million, according to report by DTZ.

Continue Reading20 Nov 2014

Vacant ECs in Singapore hit its highest level

The proportion of vacant Executive Condominiums (ECs) in Singapore climbed to 16.2 percent in Q3 2014, or its highest level in over five years,.

Continue Reading17 Nov 2014

Top rental yield projects revealed

The top five projects with the highest rental yield are mostly located in the suburbs, according to a recent report.

Continue Reading14 Nov 2014

49,700 new homes expected in 2015: OCBC

About 49,700 new homes expected to enter the market by FY2015, following FY2014's 50,000 new completions, and the figure is expected to increase to 73,600 by FY2016.

Continue Reading13 Nov 2014

HDB should set sale price caps for all homes: expert

HDB should evolve from its present role as a housing developer and focus on being a master land developer and regulator of residential prices, urged Ho Kwon Ping.

Continue Reading13 Nov 2014

Declining private OCR rents may affect HDB market

Declining rents for private homes in the Outside Central Region may have a spillover effect on the HDB rental market, as some tenants may consider moving to private condominiums, said OrangeTee.

Continue Reading13 Nov 2014

S'pore eyes 200 hectares of skyrise greenery

More than 61 hectares of buildings exteriors in Singapore were planted with greenery last year, surpassing the original target of 50 hectares for 2030.

Continue Reading12 Nov 2014

Property development doubles Sim Lian's earnings

Sim Lian Group has more than double net earnings to $71.66 million for the first quarter ended 30 September.

Continue Reading12 Nov 2014

HDB receives over 600 requests for extension

645 HDB flat sellers have requested for a temporary extension of stay in their old flats as at end October.

Continue Reading11 Nov 2014