Private Homes

SCAL President Dr Ho Nyok Yong encouraged its members to be vigilant when it comes to tendering new projects.

Continue Reading • 8 Sep 2014

Indonesian magnate and philanthropist Tahir has acquired 12 units at the 36-storey Grange Infinite condominium in District 10 for more than $70 million.

Continue Reading • 5 Sep 2014

The capital values of new and existing residential projects along the upcoming Thomson-East Coast Line (TEL) could increase by up to 10 percent once it is completed.

Continue Reading • 2 Sep 2014

UOL Group has developed a mobile showroom to bring the showflat experience to home seekers across the island.

Continue Reading • 1 Sep 2014

Not a single development was sold via the collective sale route in the first seven months of 2014, according to Colliers International’s latest white paper. The report attributed the stalemate in the residential collective sales market to the combination of factors such as a subdued private...

Continue Reading • 31 Aug 2014

The FIABCI Singapore Property Awards 2014 honoured the best residential and commercial properties in Singapore.

Continue Reading • 31 Aug 2014

Following URA sales figures last months, analysts are expecting August to be a slow month as it is the hungry ghost month and home buyers tend to stay away from house-hunting. Christine Li, Research Head at OrangeTee, said, “Sales activities could pick up in September or October as a few...

Continue Reading • 30 Aug 2014

Resale prices of completed non-landed private homes in Singapore dropped 0.3 percent in July compared to June.

Continue Reading • 29 Aug 2014

Property players that have successfully acquired Government Land Sales (GLS) sites in predominantly residential areas are required to inform residents within a 100m radius about their upcoming project, based on new Urban Redevelopment Authority (URA) rules introduced in October 2013. But instead...

Continue Reading • 28 Aug 2014

Residual demand, which is the absorption of unsold housing units after stripping off demand from new launch or re-launches, has remained relatively stable with marginal improvement particularly in recent months, according to JLL. It said the effect of the Total Debt Servicing Ratio (TDSR) has...

Continue Reading • 28 Aug 2014

Demand among HDB upgraders for non-landed private homes has risen slightly, with the proportion of buyers with public housing addresses increasing by three percentage points to 52 percent (1,842 units) in Q2 2014 from the previous quarter, revealed DTZ. Comparatively, buyers with private...

Continue Reading • 26 Aug 2014

The share of private home purchases by Singaporeans increased to 74 percent in Q2 2014, according to a DTZ report, after falling for three consecutive quarters. Q1 2014 saw their share of private home purchases fell to 70 percent, the lowest ratio since Q4 2011. “As the share of private home...

Continue Reading • 26 Aug 2014

The number of vacant private homes in Singapore is steadily rising, climbing 10.3 percent to 21,268 units in Q2 2014 from 19,284 units in the previous quarter, revealed a Savills report. Notably, the vacancy rate rose to 7.1 percent from 6.6 percent in Q1. The greater number of empty units on the...

Continue Reading • 25 Aug 2014

The recent unveiling of the names and locations of nine MRT stations on the future Thomson-East Coast Line (TEL) is expected to improve rentals of existing and new residential developments along the East Coast, in turn leading to potential capital growth, revealed an OrangeTee report.

Continue Reading • 25 Aug 2014

Although Yishun was established more than 30 years ago, the northern town is not showing any signs of ageing, as Muneerah Bee finds out. In earlier days, Yishun was home to various pepper and pineapple plantations. Named after industrialist and rubber magnate Lim Nee Soon, Yishun became one of...

Continue Reading • 25 Aug 2014

Bucking the trend of a slowdown in Singapore residential sales, rental volumes surged 12.2 percent quarter-on-quarter to reach a high of 15,053 transactions in Q2 2014, according to a Savills report. Year-on-year, this is a growth rate of 5.2 percent. For the first six months of 2014, a total of...

Continue Reading • 22 Aug 2014

July’s developer sales stayed flat month-on-month and year-on-year (y-o-y) at 484 units, which brought year-to-July sales to 4,893 units, down 53 percent y-o-y from 10,432 units in 7M 2013, according to a recent report by Barclays Bank, Singapore. Two out of the four new launches, City Gate...

Continue Reading • 20 Aug 2014

For efforts in providing greenery and ecologically friendly landscapes, 12 new and existing developments were recognised under National Parks Board’s (NParks) Landscape Excellence Assessment Framework (LEAF) on 13 August. New private developments bagging the award include Adana @ Thomson, Eco...

Continue Reading • 18 Aug 2014

The growing number of unsold private homes and the weaker buying sentiment have forced developers to be more cautious with their land bids, said analysts and reported in the media. Notably, sales of new private homes, excluding Executive Condominiums (ECs), plunged 55 percent to 4,400 units in H1...

Continue Reading • 14 Aug 2014

Singapore’s residential resale market activity within Districts 9, 10 and 11 registered a slight pick-up in sales volumes in Q2 2014, according to JLL’s Asia Pacific Property Digest for Q2 2014. The number of units sold rose 18.6 percent quarter-on-quarter (q-o-q) to 191 units,...

Continue Reading • 14 Aug 2014