Singapore

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

Several Tampines buildings to feature greener cooling system

The distributed district cooling system will be installed in seven buildings in Tampines in a bid to reduce electrical consumption and bring Tampines closer to its Eco Town ambition.

Continue Reading20 Aug 2021

CapitaLand, CDL to launch CanningHill Piers in Q4 2021

CanningHill Piers is a 696-unit development set to launch in Q4 2021, offering units that range from 410 sq ft to 8,950 sq ft.

Continue Reading20 Aug 2021

August BTO exercise sees higher demand for BTO flats in non-mature estates

11,420 applicants applied for the 459 four-room units available at Hougang Citrine and Kovan Wellspring.

Continue Reading19 Aug 2021

OCR sells record 397 new homes in July, 141 units sold above $2mil

Slightly more than a third (35.5%) of the OCR private home shifted in July 2021 were sold for at least $2 million.

Continue Reading18 Aug 2021

New DBS loan allows seniors to borrow against their private property

Singaporeans and Singapore Permanent Residents aged 65 to 79 will be able to borrow against their fully paid private homes to top up their CPF Retirement Sums that will be used for the CPF LIFE scheme.

Continue Reading17 Aug 2021

New private home sales up 77% in July despite tightened measures

Based on caveats lodged, new private home sales jumped 77.2% to 1,545 units from the 872 units shifted in June.

Continue Reading16 Aug 2021

Gov’t unveils new measures to help retain workers in construction, marine sectors

Work permit holders whose permits are expiring within this year will be allowed to renew their work permits for up two years even as they do not meet the renewal criteria.

Continue Reading16 Aug 2021

BTO bookings cancellations down in 2020

There were 1,700 cancellations in 2020 as compared to the 1,450 appeals between 2018 and 2019.

Continue Reading13 Aug 2021

HDB launches 4,989 BTO flats, more than half in mature estates

Applicants can expect to wait between 37 to 67 months for the seven projects in the August 2021 BTO launch to be completed.

Continue Reading12 Aug 2021

Ultra-rich driving property frenzy in Singapore

S$32.9 billion worth of luxury properties transacted during the first half of 2021 alone, marking it as the biggest property frenzy Singapore has seen in over 10 years.

Continue Reading11 Aug 2021

Proportion of loss-making resale home deals up in June

In the resale market, the share of loss-making transactions stood at 13.8% in June, up from 10.5% in May 2021.

Continue Reading11 Aug 2021

Jui Residences’ 117 units fully sold since soft launch in 2018

All 117 units at Jui Residences have been fully sold, with a selling price of about $1,600 psf.

Continue Reading10 Aug 2021

Group sizes for property visits increased to five

Five distinct persons per day may attend property visits to view homes already inhabited by a household. Open house activities remain suspended.

Continue Reading10 Aug 2021

COVID-19 antigen rapid testing to be mandatory for construction sector

COVID-19 antigen rapid testing will be made compulsory for all those working in the construction sector, including non-dormitory workers and visitors.

Continue Reading10 Aug 2021

Pandemic may have boosted demand for Sentosa properties

Prices and transaction volumes for Sensota properties grew from 2019 to 2020 and this increase continued in the first half of 2021.

Continue Reading10 Aug 2021

Owners of International Plaza gives green light for en bloc attempt

This could potentially make it the largest collective sale in the nation’s history both in terms of units and value. Photo: Edmund Tie

Continue Reading6 Aug 2021

Government exploring ways to keep public housing accessible

The Government is working on making public housing, especially in prime areas, more inclusive amid growing income inequality.

Continue Reading6 Aug 2021

Siglap Shopping Centre relaunched for en bloc sale, price unchanged at $120mil

The site could be developed into a “prominent mixed-use development that caters to the lifestyles of residents in the vicinity.

Continue Reading5 Aug 2021

HDB awards Tampines EC site for $422mil

The price works out to a land rate of $659 per sq ft per plot ratio (psf ppr), which is the highest land rate for an EC site to date.

Continue Reading4 Aug 2021

HDB sets aside 800 more rental flats under PPHS and introduce new eligibility conditions

Priority will be given to married couples with children aged 18 years and below, and a household income ceiling of $7,000 will also be introduced.

Continue Reading4 Aug 2021