Singles can apply on their own under new rental flat scheme
Under the new rental flat scheme, singles can apply for a public flat individually; an appointed operator will then match them with another tenant, based on similarities.
Continue Reading • 20 Dec 2021
Singapore property stocks fall amid new cooling measures
The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively.
Continue Reading • 17 Dec 2021
‘Harder hitting’ cooling measures to affect home sales, en bloc market
The new Singapore property cooling measures might see a slow down in the new home sales for December and curbed momentum in the en bloc market.
Continue Reading • 17 Dec 2021
HDB to launch up to 23,000 new BTO flats per year over next two years
Separately, the government has also released five confirmed list sites and eight reserve list sites for the 1H 2022 GLS programme.
Continue Reading • 16 Dec 2021
Singapore unveils new property cooling measures
The new Singapore property cooling measures, which include a higher ABSD, lower TDSR, and tighter LTV, will take effect from today, 16 December 2021.
Continue Reading • 16 Dec 2021
Woman admits to purchasing properties on behalf of three foreigners
For purchasing a restricted residential property on behalf of a foreigner, the 49-year-old Singaporean, Song Fanrong, could be imprisoned for up to three years, fined by up to $100,000, or both.
Continue Reading • 15 Dec 2021
MAS cautions homebuyers to exercise prudence amid rise in household debt
Household debt in Singapore increased between Q4 2019 and Q3 2021, with household debt accounting for 70% of Singapore's GDP during Q3 2021.
Continue Reading • 9 Dec 2021
Peace Centre, Peace Mansion sold for $650mil
Located along Sophia Road, Peace Centre and Peace Mansion occupy a 76,617 sq ft site.
Continue Reading • 9 Dec 2021
CDL unit to acquire Upper Bukit Timah site for $126.3mil
The two adjoining sites are located at 798 and 800 Upper Bukit Timah Road and have an area of 16,620 sq m (178,900 sq ft).
Continue Reading • 29 Nov 2021
The Commodore sells more than 70% of units over launch weekend
162 out of 219 The Commodore units were sold over its launch weekend, with all one- and two-bedroom units being fully sold.
Continue Reading • 29 Nov 2021
Higher demand for BTO flats due to hike in marriages, more people choosing to have own flat
The overall number of BTO flat applications in 2020 was 87,800, up from 38,500 in 2018 and 51,400 in 2019.
Continue Reading • 22 Nov 2021
CanningHill Piers sells 77% of its units over launch weekend
538 out of 696 CanningHill Piers units were sold over its launch weekend on 20 to 21 Nov 2021, including its $48 million penthouse.
Continue Reading • 22 Nov 2021
Sixth Avenue Centre up for collective sale for $85mil
Located at 805 Bukit Timah Road, Sixth Avenue Centre sits on a 15,009 sq ft land plot.
Continue Reading • 12 Nov 2021
Homebuying demand to remain buoyant
In Q3 2021, overall transaction volume increased by 7.5% from the previous quarter to 9,083 units; this is a 28.9% year-on-year growth.
Continue Reading • 12 Nov 2021
First BTO project under new prime housing model to be built in Rochor
The Rochor BTO project will have 960 units of three-room and four-room flats, and 40 units of two-room rental flats.
Continue Reading • 27 Oct 2021
Golden Mile Complex now a conserved building
Completed in 1973, the 16-storey Golden Mile Complex is one of Singapore's first high-rise mixed-use developments.
Continue Reading • 25 Oct 2021
Private home prices up 1.1% in Q3
Quarter-on-quarter, private home prices went up by 1.1% and resale transactions increased to 5,362 units from 5,333 units.
Continue Reading • 22 Oct 2021
Yew Tee’s ‘vertical kampung’ to offer HDB housing for seniors
The Yew Tee Integrated Development will have 68 two-room Flexi flats for seniors and has amenities such as a hawker centre, community club and retail shops.
Continue Reading • 22 Oct 2021
Property investments sales up 6.9% in Q3
Property investments sales were at $7.5 billion in Q3 2021, a 79% year-on-year increase.
Continue Reading • 20 Oct 2021
Property no longer a stable nest egg
Housing affordability is predicted to worsen as enduring WFH arrangements force homeowners to buy larger homes, and price-to-income ratios achieve multi-year highs.
Continue Reading • 15 Oct 2021