Singapore

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

Parc Central Residences EC opens for e-application

Located at Tampines Avenue 10, prices start from $956,000 for the three-bedders, $1,258,000 for the four-bedders and $1,609,000 for the five-bedders.

Continue Reading7 Jan 2021

Holland Rise GCB site for sale for $68mil

The freehold vacant plots occupy a combined land area of 52,992 sq ft. Buyers have the option to acquire a single plot or multiple plots.

Continue Reading7 Jan 2021

Haidilao chairman’s son granted Option to Purchase for Gallop Road bungalow

Reserved for purchase only by Singapore citizens, bungalows within the 39 gazetted Good Class Bungalow (GCB) Areas are Singapore’s most prestigious form of landed housing.

Continue Reading6 Jan 2021

Clementi Forest to retain residential zoning

The site came under the spotlight after a drone footage of its green space went viral in October and a petition was started seeking for the area’s conservation as a nature park.

Continue Reading6 Jan 2021

Singapore’s economy contracted 3.8% in Q4, 5.8% in 2020

On a seasonally-adjusted basis, the economy grew 2.1%, after expanding 9.5% in Q3 2020.

Continue Reading5 Jan 2021

Private residential prices up 2.1% in Q4, 2.2% in 2020

Looking ahead to 2021, overall private home prices is expected to rise by 1% to 4%, while new home prices may increase at a faster pace of between 2% and 5%, says Christine Sun, Head of Research and Consultancy at OrangeTee and Tie.

Continue Reading5 Jan 2021

KL-Singapore HSR termination: a chance for govt to re-examine Jurong plans

Experts see this as an opportunity for Singapore to review its plans for Jurong as a second CBD amid the changing work culture in a post-COVID-19, climate-changing world.

Continue Reading4 Jan 2021

940,000 HDB households to receive U-Save rebates this month

Of these, around 155,000 larger families will enjoy 2.5 times their regular U-Save rebates in the financial year 2020.

Continue Reading4 Jan 2021

HDB resale prices up 2.9% in Q4, 4.8% for entire 2020

HDB added that it will release the RPI for the entire quarter, along with the more detailed public housing data, on 22 January.

Continue Reading4 Jan 2021

Normanton Park to open for preview this Saturday

The development features 1,840 one- to five-bedroom units and penthouses spread across nine 24-storey towers.

Continue Reading31 Dec 2020

First Smart-Enabled HDB Homes in Punggol Northshore Completed

Over 1,400 residents at Punggol Northshore Residences I and II will enjoy the benefit of smart home living.

Continue Reading31 Dec 2020

Chip Eng Seng clinches $32.9mil upgrading contract from HDB

Chip Eng Seng Corporation’s wholly-owned unit, CES Engineering & Construction, has been awarded a $32.9 million contract by the Housing and Development Board (HDB).

Continue Reading30 Dec 2020

HDB gives out 35 design, construction and engineering awards this year

HDB revealed that 17 projects were conferred the HDB Design Awards, which is the highest number to date.

Continue Reading29 Dec 2020

Amcorp Group Berhad Expands Its Strategic Footprint With The Acquisition Of Amcorp Global Limited (Previously known as TEE Land Limited)

How a plantation group evolved to become one of the leading conglomerates in Malaysia.

Continue Reading24 Dec 2020

Housing market demand to remain resilient next year

The property market ‘roared back to life’ following the end of the circuit breaker period in June, and the buying sentiment is expected to improve further on the back of growing vaccine optimism, says OrangeTee.

Continue Reading23 Dec 2020

OCBC first bank to extend SORA-linked home loans

OCBC emerged as the first bank to offer home loans that are based on SORA as SIBOR and SOR are set to be discontinued in a few years.

Continue Reading23 Dec 2020

HDB to launch 17,000 BTO flats next year

Expected to be similar to what was launched this year, there will be a good mix of flats available in mature and non-mature estates. The upcoming developments will incorporate features under the new “Designing for Life” Roadmap.

Continue Reading22 Dec 2020

Property investment market to rebound next year

2020 sees the lowest investment sales volume since the 2009 financial crisis. CBRE Research assures that Singapore's investment market "has always been resilient", as proven by past cycles in its ability to recover strong from "crisis situations".

Continue Reading22 Dec 2020

Analysts see possible en bloc market revival in 2021

There were only two collective sales deals registered this year: Yuen Sing Mansion in Geylang which was transacted in August, and adjoining sites Fairhaven and Sophia Ville were sold early this month.

Continue Reading21 Dec 2020

Rising material and freight cost amongst growing woes for construction firms

The construction sectors’ problems have also affected home owners as their home renovation bills climb by about 10% to 15%. Homeowners are expected to be prepared for longer renovation periods, given the lack of building materials and workers.

Continue Reading18 Dec 2020