Eye on Marina Bay: City by the bay
Besides being the best place to witness fireworks, Marina Bay ignites a magic spark of its own.
Continue Reading • 27 Sep 2014
Home ownership rate still at 90%
The number of resident Singaporean households who own their homes climbed to 1.06 million last year, while home ownership rate remained at 90 percent during the last two years.
Continue Reading • 26 Sep 2014
Wider price gap between HDB flats, private homes
Despite the cooling residential market, it has become harder for HDB homeowners to switch to a private condo due to the widening price gap between these types of properties.
Continue Reading • 25 Sep 2014
The Interlace offers fully furnished units from $2.8 million
CapitaLand is currently offering 30 fully-furnished units of varying decor themes and sizes for sale at The Interlace, making it one of the first developers in Singapore to do so.
Continue Reading • 23 Sep 2014
Reinstate reverse mortgage, urges experts
Banks should reintroduce reverse mortgages because it could ease the financial woes of asset-rich, cash-poor Singaporeans during their retirement.
Continue Reading • 18 Sep 2014
EC launches to spur the market
The upcoming Executive Condominium (EC) launches are expected to revive the market given the absence of such projects for nearly one year.
Continue Reading • 17 Sep 2014
OCR units most sought after in August
Sales in the Outside Central Region (OCR) made the greatest contribution to new home sales in August,making up 51.6 percent.
Continue Reading • 17 Sep 2014
Sustainability of Highline Residences' demand uncertain
Given the popularity of Tiong Bahru as an estate, the positive response for 500-unit Highline Residences is not unexpected and a quarter of the units there were sold over the weekend.
Continue Reading • 17 Sep 2014
Spike in UOB's housing non-performing loans
UOB saw a 34.2 percent quarter-on-quarter spike in its non-performing housing loans (NPL) in Q2 2014,
Continue Reading • 17 Sep 2014
Drop in new private home sales
Developers sold 432 new private homes in the month of August 2014, according to fresh data from the Urban Redevelopment Authority (URA)...
Continue Reading • 15 Sep 2014
Highline Residences receives positive response
Over 80 percent of the first 160 units released were sold at an average price of $1,900 after taking into account a special preview discount, which ranged from $28,000 to $68,000.
Continue Reading • 15 Sep 2014
7% of high-end homes sold at a loss
A higher percentage of luxury condominiums in the secondary market were sold at a lost during the first eight months of the year, while those that made a profit were fewer.
Continue Reading • 15 Sep 2014
Eye on Sengkang: Still room for more growth
For an estate which came into life in the late 1990s, Sengkang is one of Singapore's newest estates but it has been quickly growing out of its infancy.
Continue Reading • 15 Sep 2014
A new green experience at Marina One
The show gallery for Marina One Residences will open for private viewing tomorrow. Located in Marina Bay, the integrated development by M+S offers 1,042 units.
Continue Reading • 12 Sep 2014
Chart of the day: Drop in foreign home buyers
The slew of property policies by the government to cool the red hot property market has chased many foreign buyers away...
Continue Reading • 11 Sep 2014
Home prices may drop 20% by 2016: report
Home prices in Singapore could fall by 20 percent between 2014 and 2016, according to a Bank of America Merrill Lynch (BOAML) report.
Continue Reading • 10 Sep 2014
Govt urged to have more dialogue with developers
More dialogue between the government and developers should be conducted as the slowing demand for property could damage the wider economy.
Continue Reading • 9 Sep 2014
520 complaints on illegal rental of private homes
The Urban Redevelopment Authority (URA) has received about 520 complaints since 2013 on the alleged rental of individual strata-titled private residential properties for less than six months. The Ministry of National Development (MND) revealed this at today’s parliament session, and said URA...
Continue Reading • 8 Sep 2014
More launches expected in coming months
Developers are expected to launch more private residential projects in September and October.
Continue Reading • 8 Sep 2014
Developers will have to diversify out of Singapore
Singapore's residential property developers are urged to diversify out of the local property market given its increasingly tight conditions.
Continue Reading • 8 Sep 2014