Singapore

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

Condo managing agent apologises for 'discriminatory' security tender document

SAS has raised the issue with the Ministry of Manpower, and Savills Property Management has removed the clause and will review the terms and conditions.

Continue Reading9 Sep 2021

Singapore buildings to meet higher standards under revised green certification scheme

The BCA Green Mark 2021 scheme is part of the Singapore Green Building Masterplan, with the aim of encouraging the industry and professionals to develop green building solutions. New and existing buildings in Singapore will have to meet higher sustainability standards to be certified green under...

Continue Reading8 Sep 2021

Security association calls out condo managing agent over race, age discrimination

Aside from asking for Mandarin-speaking guards below 60 years old, the tender for security services by Hillview Heights stated it would impose a $100 penalty per shift if “a Chinese-speaking guard” was not provided for over six shifts per month.

Continue Reading7 Sep 2021

More home buyers turn to suburban private housing amid work from home trend

Work from home arrangements has seen demand for larger units go up and home buyers being more willing to buy properties in OCR neighbourhoods.

Continue Reading6 Sep 2021

Property agents’ complete record of residential property transactions now available online

The public can view the records of all property agents' transactions on the CEA's public register.

Continue Reading6 Sep 2021

Construction firm Greatearth to shut down business, with PwC as provisional liquidators

Greatearth Corporation and Greatearth Construction were the main contractors for the Senja Heights, Senja Ridges, Marsiling Grove, Sky Vista@Bukit Batok and West Coast Parkview BTO projects, all of which will see a delay.

Continue Reading6 Sep 2021

Couple pleads guilty to backdating Option to Purchase to evade higher stamp duties

Daniel Halim and his wife Lee Liu Ying told their agent to backdate the OTP for a unit at Sandy Palm condo to avoid higher ABSD charges.

Continue Reading3 Sep 2021

Oei Tiong Ham Park Residences’ freehold villas on sale for $2,500 psf

CBRE noted that the villas are being sold individually or collectively.

Continue Reading3 Sep 2021

Development charge rates up for residential use, slashed for commercial use

For landed residential use, the DC rates have increased by 6.3% on average, while the DC rates for commercial use have been slashed by the Government for the third consecutive time, by 0.7% on average.

Continue Reading1 Sep 2021

CDL, MCL Land secure $847 million green loan for two residential projects

A 4.5-year $429 million green loan, provided by loan advisor DBS Bank, will be used to finance the development at Northumberland Road. Photo: CDL

Continue Reading1 Sep 2021

Jalan Anak Bukit site awarded to Far East Organization, Sino Group

URA said the winning concept proposal “is compelling in its well-considered site planning, design response to tropical climate and integration of the various uses and public spaces”.

Continue Reading31 Aug 2021

Minister raise concern over increased proportion of Malays living in rental flats

Masagos shared that the authorities are working to reach out to the members of the Malay community to encourage them to “aspire to own homes, because this is an asset that every Singaporean should have and should not give up on”.

Continue Reading30 Aug 2021

60% of The Watergardens at Canberra sold at launch

The 99-year leasehold project by UOL, Kheng Leong Company and Singapore Land Group sold 60% of its 448 units during its weekend launch.

Continue Reading30 Aug 2021

Home sales in Sentosa Cove reach new record

Singaporean buyers accounted for half of buyers this year.

Continue Reading30 Aug 2021

Buyers at five BTO projects may face longer wait times as contractors pulls out

Greatearth Corporation and Greatearth Construction were the main contractors for Senja Ridges, Senja Heights, Sky Vista @ Bukit Batok, Marsiling Grove, and West Coast Parkview, as well as several other government projects.

Continue Reading27 Aug 2021

Parc Greenwich opens for e-application

496 units are available at Parc Greenwich and comprise two- to five-bedders between 786 sq ft and 1,464 sq ft, as well as penthouses which range between 990 sq ft to 1,679 sq ft.

Continue Reading26 Aug 2021

Singapore housing affordability to slightly worsen amid price hikes

Despite increasing property prices, housing affordability in Singapore is likely to remain sound.

Continue Reading26 Aug 2021

Singapore private home market to remain on sound footing

8,449 units in the primary and secondary private home market were transacted in Q2 2021, a 4.3% quarter-on-quarter increase.

Continue Reading25 Aug 2021

More developers express concern over high construction costs

88% of the developers surveyed by NUS were "very concerned" about high labour costs over the next six months, and 58% were worried about building material costs.

Continue Reading24 Aug 2021

Town council upgrading projects scaled down or delayed due to hike in construction costs

Construction and renovation costs have increased by 20 to 50%, resulting in town council upgrading projects being scaled down or completion timelines being delayed by several months.

Continue Reading23 Aug 2021