75% wage subsidy under Job Support Scheme to be extended
Apart from that, employers will receive a levy rebate payout of $750 for each foreign worker in employment.
Continue Reading • 22 Apr 2020
Residential market sentiment to weaken amid restrictive containment measures
Knight Frank expects market sentiment to weaken amid concerns over job security as well as restrictive containment measures due to Covid-19.
Continue Reading • 20 Apr 2020
Singapore residential sales rose 20% in Q1: Huttons Asia
Residential sales in Singapore climbed 20% year-on-year in the first quarter of 2020.
Continue Reading • 17 Apr 2020
Developer Focus: SingHaiyi Group Limited
SingHaiyi triumphed 6 awards at the 9th PropertyGuru Asia Property Awards (Singapore).
Continue Reading • 16 Apr 2020
Private home sales fall 32.4% in March amid Covid-19
Transactions sharply tapered off as the effects of the Covid-19 began to hurt sentiment reverberate through the economy.
Continue Reading • 16 Apr 2020
Residential sector dominates investment sales in Q1 2020
Cushman & Wakefield attributed the surge in volume to the award of various residential Government Land Sales sites in Q1 2020.
Continue Reading • 14 Apr 2020
Construction sector to register double-digit decline in Q2
Economists expect the construction industry to suffer a big hit in the second quarter of 2020 from the Covid-19 pandemic.
Continue Reading • 13 Apr 2020
Construction of BTO flats to be fast-tracked after circuit breaker period ends on 4 May
Construction of BTO projects will be quickened after the circuit breaker period is over.
Continue Reading • 13 Apr 2020
Former property agent sentenced to jail for swindling client of more than $26,000
Kamsaton Rohani was sentenced to suffer 11 months of jail time after pleading guilty to cheating one of her clients.
Continue Reading • 8 Apr 2020
MAS waives TDSR limits for deferred mortgage repayments
Borrowers who apply to defer either their home loan’s principal payment or both their interest and principal payments will be exempt from the TDSR limitations.
Continue Reading • 8 Apr 2020
Singapore unveils $5.1bil third support package, known as the Solidarity Budget
In total, the government is set to commit $59.9 billion, or about 12% of Singapore's GDP in a battle against the Covid-19 pandemic.
Continue Reading • 7 Apr 2020
Third round of support measures to be announced under new “Solidarity Budget”
Third support measures will be known as the Solidarity Budget and will be announced by Finance Minister Heng Swee Keat today at 3pm.
Continue Reading • 6 Apr 2020
Covid-19: Showflat galleries suspended for a month
Some developers will continue to showcase their projects with the help of technology, while others are looking to delay their launches.
Continue Reading • 6 Apr 2020
Kopar at Newton sells 77 units ahead of closure order for showflats
Kopar At Newton sold 77 units ahead of the "circuit breaker" measures on April 7. Photo: CEL Development.
Continue Reading • 6 Apr 2020
HDB lift buttons sprayed with ‘self-disinfecting coating’
Town councils across Singapore have coated 1.5 million lift buttons inside 26,000 HDB lifts and lift lobbies.
Continue Reading • 3 Apr 2020
940,000 households to receive double their U-Save rebates
These will be disbursed through a one-off GST voucher – U-Save as part of the Care and Support Package unveiled during Budget 2020.
Continue Reading • 3 Apr 2020
Resilience Budget: Singaporeans to enjoy 3X more cash payouts
Meanwhile, the cash payouts for families with young children will also be tripled from $100 to $300 for each Singaporean child.
Continue Reading • 27 Mar 2020
MTI downgrades 2020 growth forecast as Q1 GDP fell by 2.2%
The revised growth forecast comes as MTI’s advanced estimates showed that the economy contracted 2.2% year-on-year during the first quarter of 2020. The Ministry of Trade and Industry (MTI) has downgraded its 2020 GDP forecast to between -4% and -1% – a fall from the -0.5% to 1.5% range it...
Continue Reading • 27 Mar 2020
Project Focus: Avenue South Residence by UOL Group Limited, Kheng Leong Company, UIC Limited
This mega-scale condominium development houses an impressive 1,074 units across two high-rise towers, which will be amongst the tallest residential buildings in the city when completed, allowing for uninterrupted views from many of the residences.
Continue Reading • 26 Mar 2020
Malaysia lockdown: MOM will not extend temporary housing support for Malaysian workers
The Ministry of Manpower (MOM) said it will not extend the temporary housing support it provided to Malaysian workers beyond 31 March, despite Malaysia extending the lockdown to 14 April.
Continue Reading • 26 Mar 2020