Singapore

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

Discussions on RTS Link project can be concluded by end-July, MOT

This comes as Singapore and Malaysia have been engaged in “intensive discussion” over the RTS Link project, said the ministry.

Continue Reading13 Jul 2020

PropertyGuru survey reveals that 55% of Singaporeans are unsure of property prices due to COVID- 19

55% of Singaporeans are unsure about property prices in the future because of COVID-19, according to findings from PropertyGuru's H2 2020 Consumer Sentiment Study.

Continue Reading9 Jul 2020

Government refutes allegations made on living density

The government explained that Dr Cheong’s 2018 lecture was on how the republic can continue to be a highly liveable city in the event Singapore’s living density increase to 13,700 persons per square kilometre by 2030.

Continue Reading6 Jul 2020

1.4 million Singaporeans to get $570mil in GST Vouchers next month

Eligible Singaporeans will receive up to $300 in GST voucher, which will be directly credited into their bank accounts from 1 August.

Continue Reading2 Jul 2020

HDB resale prices climb 0.2% in Q2

HDB flash estimates showed that the resale price index increased by 0.2% in Q2 2020, after staying flat in Q1 2020.

Continue Reading1 Jul 2020

Singapore private home prices drop 1.1% in Q2

Flash estimate from the Urban Redevelopment Authority (URA) showed that the private residential property index fell 1.1% in Q2 2020.

Continue Reading1 Jul 2020

URA launches Jalan Anak Bukit site for tender

URA envisions the site as a distinctive development and identity marker for the Beauty World precinct.

Continue Reading1 Jul 2020

PropNex positive of private home market’s long-term outlook

noted that May’s month-on-month rebound in new home sales and the return of homebuyers to acquire units during Singapore's Phase 2 of the circuit breaker is “a potential sign of underlying demand, particularly for strategically-priced units”.

Continue Reading30 Jun 2020

Residential block at Mount Emily Road up for en bloc sale for $24mil

Situated at 2, 4 and 6 Mount Emily Road, the property comprises three adjoining units of three-storey buildings with attic and basement

Continue Reading30 Jun 2020

Government unveils $1.36bil support package for the construction sector

Dubbed the Construction Support Package, the fund aims to help construction firms offset additional compliance costs due to COVID-19.

Continue Reading29 Jun 2020

Government cuts confirmed lists sites due to COVID-19

The Confirmed List includes one executive condominium (EC) site at Tengah Garden Walk that can yield 615 units. The supply of private housing units from the Confirmed List sites under the Government Land Sales (GLS) Programme for the second half of 2020 has been reduced to take into account the...

Continue Reading24 Jun 2020

Property firms expect to see more transactions now that physical viewings are allowed

Many potential buyers still prefer physical viewings to get a feel of the space, environment and ambience before making a purchase decision.

Continue Reading23 Jun 2020

Show galleries to re-open on 19 June

However, safe management measures must be implemented to reduce the risk of Covid-19 transmission.

Continue Reading17 Jun 2020

New private homes sales spiked 75.5% in May

Including ECs, 509 units were sold in May, up 73.7% month-on-month but down 46.5% year-on-year.

Continue Reading16 Jun 2020

More than 19,000 suspended home renovation projects given green light to resume

BCA noted that the resumption of renovation works will depend on the companies’ availability of supplies and manpower.

Continue Reading15 Jun 2020

Overall prices remain resilient despite contraction in sales volume, analysts

With developers still not allowed to open sales galleries in the city-state’s first phase of reopening post-circuit breaker period, most analysts expect prices to continue to drop.

Continue Reading12 Jun 2020

TSky Balmoral offers “priced to sell units” at Sloane Residences

These units have discounts between $100,000 and $123,000.

Continue Reading12 Jun 2020

New home sales surged by 81.3% in May despite circuit breaker

May saw some 484 new sale caveats, up 81.3% from April’s 267 new sale caveats.

Continue Reading11 Jun 2020

Government to help construction industry get through ‘difficult patch’, Wong

Despite the various challenges faced by the construction industry, National Development Minister Lawrence Wong says that the government will work closely with the industry during this challenging period.

Continue Reading10 Jun 2020

Frasers Property secures $350mil green loan for its executive condo project

Obtained via its subsidiary, Fernvale Lane, the loan marked the group’s tenth green financing initiative and the first green loan for an EC development in Singapore.

Continue Reading9 Jun 2020