15 leasehold GCBs to rise at former Caldecott Broadcast Centre site, Gloria Mansion sold for $70.3mil and more

Good Class Bungalows (GCBs) to be built at the former Caldecott Broadcast Centre site, Gloria Mansion sold at $70.3 million and more. Here are the news highlights for what happened in the Singapore property market from 18 Jan to 24 Jan 2022.

Continue ReadingJan 25, 2022

GCB sales volume to ease in 2022, increase in property auction listings and more

Auction listings being likely to increase, GCB sales volume to ease with prices remaining firm, and more. Here are the news highlights for what happened in the Singapore property market from 11 Jan to 17 Jan 2022.

Continue ReadingJan 17, 2022

A Long-Term Investment Opportunity in Singapore’s Downtown Core

Amid the transformation of the Central Business District and its proximity to the Greater Southern Waterfront, Marina One Residences is looking to be a rewarding long-term investment opportunity.

Continue ReadingJan 12, 2022

Private property and HDB prices touch record highs in 2021, growing rental demand in 2022, and more

Private property and HDB prices touch record highs in 2021, growing rental demand in 2022, and more. Here are the news highlights for what happened in the Singapore property market from 3 Jan to 10 Jan 2022.

Continue ReadingJan 11, 2022

Singapore rents hit a six-year high, fuel expat housing woes

URA data revealed that the rental price index has increased to 111.3 in Q3 2021, its highest since Q1 2015; private property which cost $2,500 and $4,000 in monthly rental fees see high demand.

Continue ReadingDec 29, 2022

30 Bideford Road up for sale for $600mil

The 18-storey freehold mixed-use development sits on a 21,602 sq ft site and is located 600m from Somerset MRT station.

Continue ReadingDec 28, 2022

Bukit Batok EC site to receive keen interest despite new curbs

The Bukit Batok West Avenue 8 EC site is expected to yield about 375 residential units.

Continue ReadingDec 28, 2022

Guocoland unveils two new senior appointments

Andrew Chew will serve as Group Chief Financial Officer for GuocoLand and Valerie Wong as Group General Manager, Asset Management.

Continue ReadingDec 24, 2021

Lakepoint Condominium enters private treaty negotiations process

Located at Lakepoint Drive, the 309-unit Lakepoint Condominium, which sits on a 562,286 sq ft site, fell short of its reserve price of $640 million.

Continue ReadingDec 24, 2021

Singapore buyers prefer homes with more living space

The changes brought on by the COVID-19 pandemic has resulted in a preference for larger homes that are closer to amenities such as gyms, parks, and schools.

Continue ReadingDec 22, 2021

En bloc hopefuls march ahead with tenders despite new curbs

Despite the increased ABSD rates for developers, tenders for properties such as Lakepoint Condominium, Dublin Lodge, Sixth Avenue Centre, Baode Building, and Hillview Terrace will continue.

Continue ReadingDec 22, 2021

Foreign worker levy rebates, waiver for some employers extended until March 2022

About 15,000 firms will benefit from the foreign worker levy rebates which have been extended until March 2022.

Continue ReadingDec 22, 2021

Singles can apply on their own under new rental flat scheme

Under the new rental flat scheme, singles can apply for a public flat individually; an appointed operator will then match them with another tenant, based on similarities.

Continue ReadingDec 20, 2021

Perfect Ten sells 5% of units at launch

Perfect Ten sold 12 out of 230 units during its launch weekend.

Continue ReadingDec 20, 2021

New private home sales up 70% in November

CanningHill Piers was the best performing project in November, moving 576 units at a median price of $2,887 psf.

Continue ReadingDec 17, 2021

Alexandra site to be redeveloped for public housing, to yield 1,500 HDB flats

The 3.7ha Alexandra site, which will yield 1,500 units, will be less than a 10-minute walk from Redhill MRT station.

Continue ReadingDec 17, 2021

Gov’t carefully considered scope, timing of new cooling measures

The higher ABSD aims to moderate the demand from those who wish to purchase investment properties, while tighter loan limits aim to encourage “greater financial prudence” among home buyers.

Continue ReadingDec 17, 2021

Singapore property stocks fall amid new cooling measures

The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively.

Continue ReadingDec 17, 2021

‘Harder hitting’ cooling measures to affect home sales, en bloc market

The new Singapore property cooling measures might see a slow down in the new home sales for December and curbed momentum in the en bloc market.

Continue ReadingDec 17, 2021

HDB to launch up to 23,000 new BTO flats per year over next two years

Separately, the government has also released five confirmed list sites and eight reserve list sites for the 1H 2022 GLS programme.

Continue ReadingDec 16, 2021