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Up to 100% Property Tax Hike in 2024, Updates on the HDB BTO Dec 2023 Launch, and More

Property Marketmarcuslee4 Dec 2023

In 2024, Singapore homeowners will be able to enjoy a property tax rebate of up to 100%. Meanwhile, Singapore is embarking on a "Long Island" project to integrate coastal protection with future reclamation along the East Coast.

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Siblings File Lawsuit Over Mother's Assets, Orchard Road Rents to Increase By Up to 6%, and More

Property Marketmarcuslee27 Nov 2023

The lease on the land occupied by Raffles Town Club will not be renewed after 17 October 2026. Meanwhile, residents of Dairy Farm Residences were upset that their monthly maintenance fees would be way higher than were advertised.

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Watten House Sells 57% of Units During Launch Weekend, Rainwater Leak Costs Condo Owner $60,000, and More

Property Marketmarcuslee20 Nov 2023

Watten House sells 57% of its units over its launch weekend. Meanwhile, a condo owner racks up $60,000 in bills after a rainwater pipe leak damages his home.

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J'den Sells 88% of Units Over Launch Weekend, Most Expensive HDB Flat Emerges in Toa Payoh, and More

Property Marketmarcuslee14 Nov 2023

J'den and Hillock Green launched over the weekend, selling 88% and 27% of their units, respectively. Meanwhile, a 5-room DBSS flat Toa Payoh sells for $1.65 million, making it the most expensive HDB resale flat transaction ever.

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Pearl's Hill BTO Flats May Launch as Prime Flats, HDB HFE Letter Validity Extended From 6 to 9 Months, and More

Property Marketmarcuslee6 Nov 2023

Property analysts expect the public housing to be constructed at Pearl’s Hill and potentially at Bukit Timah Turf City to be categorised as Prime flats, the priciest of public housing categories.

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HDB Resale Price Growth Slows, up 1.3% In Q3 2023, Private Home Prices Post Marginal Increase of 0.8% In Q3 2023 and More

Property Marketsahiba30 Oct 2023

Resale prices of HDB flats increased 1.3% in the third quarter of 2023, slowing from the 1.5% growth registered in the previous quarter. Meanwhile, private home prices in Singapore climbed by 0.8% in Q3 2023, reversing the 0.2% decline in Q2 2023.

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Record $1.45 million Bukit Merah 5-room HDB Flat, Some HDB Sellers Raise Prices In View of Upcoming Plus BTO Flats, and More

Property Marketmarcuslee23 Oct 2023

A $1.45 million Bukit Merah HDB resale flat breaks new record for most expensive 5-room flat in the area. Meanwhile, some HDB flat owners are hiking prices in view of the upcoming Plus BTO flats.

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Tampines EC Site Awarded to Sim Lian, HDB Awards Ceremony 2023, Low October 2023 BTO Application Rates, and More

Property Marketmarcuslee16 Oct 2023

BTO Oct 2023 application rates were low. In the meantime, some residents at Tengah are facing long walks through dusty construction sites due to low transport options in the area.

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October 2023 BTO Launch Details, Upcoming December 2023 BTO Launch Information, HFE Letter Delays, and More

Property Marketmarcuslee10 Oct 2023

Singapore saw private home prices marginally increase by 0.5% in Q3 2023, following a 0.2% decline in Q2 2023. Meanwhile, HDB resale flat prices rose 1.2% in Q3 2023, marking its 14th consecutive quarterly increase.

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Around 1,900 Choa Chu Kang October 2023 BTO Flats to be Launched, An Altura EC Unit Sets New Price Record of $1,585 PSF, and More

Property Marketmarcuslee2 Oct 2023

Altura, an EC, has sold a 980 sq ft unit for $1.55 million, which works out to a record price for an EC. Meanwhile, HDB will launch around 1,900 BTO flats across two projects in Choa Chu Kang in the upcoming October 2023 BTO launch.

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Bukit Panjang Sees First Million-dollar HDB Resale Flat, Many Singaporeans Support Longer MOP, and More

Property Marketmarcuslee25 Sep 2023

Bukit Panjang recently recorded its first million-dollar HDB resale flat transaction. Meanwhile, Minister of National Development Mr Desmond Lee weighs in on the HDB flat reclassifications, announced during the National Day Rally 2023 speech.

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Altura EC Sold 88% of its Units After Second-timer Balloting, New Private Home Sales Plunge 72.1% in August 2023, and More

Property Marketmarcuslee18 Sep 2023

Altura, an EC saw 95 units snapped up during its second-timer balloting event, bringing its overall take-up rate to 88%. Meanwhile, new private home sales, excluding ECs, fell 72.1% to 394 units month-on-month (MoM) in August 2023.

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Are Fewer HDB Owners Chasing Condo Dream, Record Monthly Number of Million-dollar HDB Transactions in August 2023, and More

Property Marketmarcuslee11 Sep 2023

Some property analysts say that HDB upgraders are decreasingly buying condos. Meanwhile. a record monthly number of million-dollar HDB flat transactions was observed in August 2023.

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Land Betterment Charge for Non-landed Residential Use Slashed, Orchard Retail Rent to Rise 6% in 2023, and More

Property Marketmarcuslee4 Sep 2023

The Land Betterment Charge (LBC) rates are now cut for non-landed residential use and increased for commercial and hotel use. Meanwhile, retail rents at Orchard Road are forecasted to increase by up to 6% year-on-year (YoY) in 2023.

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HDB Plus Flat Owner Rental Restrictions, First-timer Families Will Enjoy Priority for Standard BTO Flats, and More

Property Marketmarcuslee28 Aug 2023

The HDB Plus flat model will come with income ceiling and rental restrictions. Meanwhile, SLA and URA have launched a tender to transform the former Bukit Timah Fire Station into a community hub.

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HDB Launches Plus, Prime, and Standard BTO Flats, Singles Can Soon Buy 2-room Flexi Flats Across Singapore, and More

Property Marketmarcuslee21 Aug 2023

HDB has introduced a new BTO classification, replacing the mature and non-mature estate labels. Meanwhile, singles 35 and above will be allowed to apply for new 2-room Flexi BTO flats across Singapore from H2 2024.

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