Property Market Latest News

Get Daily Property News in Singapore, News Powered by Singapore PropertyGuru

Town councils to get additional $100m for lift maintenance

The Ministry of National Development (MND) announced that it will provide more grants to town councils to support their elevator upkeep, or to replace one if necessary...

Continue Reading3 Feb 2017

Govt seeks public feedback on Building Maintenance and Strata Management

In a bid to enhance governance and transparency over how strata-titled developments are run, the government is inviting the public to give feedback...

Continue Reading2 Feb 2017

DBSS flat in Bishan sold for record $1.18m

A five-room flat in Natura Loft, a DBSS project in Bishan, has made headlines for becoming the most expensive resale transaction in a public housing development so far...

Continue Reading1 Feb 2017

Replace ABSD with a new property tax: JLL

With house prices under considerable pressure, given the subdued economic outlook both locally and globally as well as the expectations of rising interest rates...

Continue Reading1 Feb 2017

Resale private home prices unchanged in December

Island-wide prices of completed private homes stayed flat in December on a monthly basis compared to a 0.8 percent drop in November, flash estimates of the NUS SRPI showed...

Continue Reading1 Feb 2017

Four project launches set to boost home sales

New private home sales are expected to get a boost with four project launches expected by April, media reports said. This comes as developers sold just 367 new units in December...

Continue Reading31 Jan 2017

Strong demand for 3Gen flats

The 3Gen flats launched by the Housing Board from 2013 to 2015 recorded an average take-up rate of 83 percent, with buyers booking 651 of the total 786 units, media reports said...

Continue Reading27 Jan 2017

Privacy watchdog fines PropNex for data breach

PropNex Realty has been fined $10,000 by the Personal Data Protection Commission, after it inadvertently leaked the personal data of 1,765 individuals online...

Continue Reading27 Jan 2017

Augustine Tan remains Redas president

The Real Estate Developers’ Association of Singapore (Redas) on Thursday named Augustine Tan as its President for another two-year term, media reports said...

Continue Reading27 Jan 2017

Private home prices down 3.1% in 2016: URA data

Excluding executive condominiums (ECs), prices of private homes in Singapore dipped by 0.5 percent in Q4 2016 following a 1.5 percent drop in the previous quarter...

Continue Reading26 Jan 2017

HDB resale transactions down 9.1% in Q4

Resale prices of HDB flats dipped by 0.1 percent in the fourth quarter of 2016, according to more complete data published by the Housing Board...

Continue Reading26 Jan 2017

Large developer stocks to benefit from a home price rebound

With home prices set to make a comeback, analysts expect the government to signal its intention to review the property cooling measures at the budget speech in February...

Continue Reading26 Jan 2017

URA: New guidelines for privately-owned public spaces

Developments that are required to provide public spaces, as well as those seeking gross floor area exemption for a first-storey covered public space...

Continue Reading25 Jan 2017

Singapore falls to 7th place for high-end rentals

Singapore has emerged as the seventh most expensive destination in Asia for high-end rental accommodation this year, down from fourth place in 2016, media reports said...

Continue Reading25 Jan 2017

Some defendants sign settlement with UOB over inflated housing loans

United Overseas Bank (UOB) has excluded five defendants from its civil case against seven individuals and Lippo Marina Collection (LMC), media reports said...

Continue Reading25 Jan 2017

PropertyGuru News and Views Issue 109

Download Issue 109 now!

Login to continue Reading25 Jan 2017

News Roundup (January 2017)

Credit Suisse believes that the time is ripe for an easing of some of the property cooling measures, given that several of its objectives have been met...

Continue Reading25 Jan 2017

Get the Guru View: Tightened supply for ECs in 2017

For this analyst, executive condominiums (ECs) are one of the most fascinating property classes in Singapore. A unique public-private hybrid...

Continue Reading25 Jan 2017

Single and eligible

Single Singaporeans aged 35 onwards can use one of two types of grants under this scheme: the Additional CPF Housing Grant (AHG) or Special CPF Housing Grant (SHG)...

Continue Reading25 Jan 2017

Working as a team

More real estate agents in Singapore are choosing to leave the industry amidst the current downturn in the property market, according to recent figures released by the CEA...

Continue Reading25 Jan 2017