Lim Bee Huat’s daughter acquires Lornie Road bungalow for $26.8mil
Lim Bee Huat's daughter is purchasing the 10,529 sq ft freehold property along Lornie Road for $26.9 million. Lim Bee Huat is the founder of the Kopitiam Group.
Continue Reading • 15 Oct 2021
Property no longer a stable nest egg
Housing affordability is predicted to worsen as enduring WFH arrangements force homeowners to buy larger homes, and price-to-income ratios achieve multi-year highs.
Continue Reading • 15 Oct 2021
Two-thirds of BTO projects completed during the pandemic delayed no more than six months
17 BTO projects completed during the pandemic did not see a delay past six months, with 16,000 flats being delivered since January 2020.
Continue Reading • 13 Oct 2021
Demand for private homes remain strong in Q3
Despite fewer projects launched in Q3 2021, there were 3,358 new sale transactions, up from 2,838 in Q2 2021.
Continue Reading • 13 Oct 2021
Two sites at Slim Barracks Rise awarded to EL Development, Gao Xiuhua
Parcel A at Slim Barracks Rise was awarded to EL Development for $320.1 million, while Parcel B was awarded to Gao Xiuhua for $162.4 million.
Continue Reading • 13 Oct 2021
Holland Hill Lodge up for en bloc sale for $25.8mil
Located at 5 Holland Hill, the freehold project, Holland Hill Lodge, occupies a 9,033 sq ft site zoned for Residential use.
Continue Reading • 13 Oct 2021
Buyers of Waterway Sunrise II to be compensated due to delay of more than a year
Current revised probably completion dates for Waterway Sunrise II in Punggol range from Q4 2022 to Q1 2023, bringing the total waiting time to approximately 5.5 years.
Continue Reading • 11 Oct 2021
Reinventing Singapore’s financial district for post-pandemic world
To attract more residents and businesses to the CBD, plans for increasing amenities such as grocery stores, coffee shops and encouraging a more exciting dining and bar scene have been implemented.
Continue Reading • 8 Oct 2021
Lee Hsien Yang’s Caldecott Hill bungalow on sale for $16.8mil
The 9,888 sq ft two-storey detached house is located in the Caldecott Hill GCB area.
Continue Reading • 8 Oct 2021
Singapore sees $7.5bil in real estate investment deals in Q3
Real estate investment deals in Q3 2021 saw a 38.7% growth quarter-on-quarter, and a 58.1% increase year-on-year.
Continue Reading • 6 Oct 2021
Average wait times for BTO projects remains at four to five years, says Desmond Lee
The total waiting time for BTO projects is still under six years, with BTO projects launched this year and last year having wait times ranging between three to 5.5 years.
Continue Reading • 6 Oct 2021
Chuan Park up for collective sale for $938mil
Chuan Park is a 99-year leasehold project located at 240 to 250 Lorong Chuan and occupies a 400,588.72 sq ft site.
Continue Reading • 6 Oct 2021
HDB not to provide direct financial subsidies for open market rental
The decision by HDB not to provide direct financial subsidies for rental units on the open market was made to prevent driving up market rentals and inducing demand.
Continue Reading • 6 Oct 2021
PPHS income ceiling allows gov’t to prioritise families in greater need of temporary housing
Delays in the construction of BTO flats, increased competition for open market rental, and the growing number of those who work from home have led to more demand for PPHS flats.
Continue Reading • 6 Oct 2021
HDB resale prices to increase further, but at a slower pace
HDB resale flat prices have grown 8.9% since the start of 2021, with the projected year-on-year increase set at an estimated 10% to 12%.
Continue Reading • 4 Oct 2021
950,000 HDB households to get GST Voucher rebates this month
The regular U-Save and U-Save Special Payment will amount to $460 million to provide households with support, with more help provided to lower- to middle-income families.
Continue Reading • 4 Oct 2021
Flash estimates show private home and HDB resale prices expected to rise in Q3
Prices for private residential properties and Housing and Development Board (HDB) resale flats are expected to increase in the third quarter of 2021, according to flash estimates. In Q3 2021, private residential prices are expected to increase by 0.9%, a slight improvement from the 0.8% hike...
Continue Reading • 1 Oct 2021
Three residential sites at Lentor Hills Road, Jalan Tembusu released for sale
Three residential sites located at Lentor Hills Road (Parcels A and B) and Jalan Tembusu have been released for sale under the second half 2021 Government Land Sales (GLS) programme.
Continue Reading • 1 Oct 2021
HDB late payment charges suspended further until 31 December
To help “ease the burden” of those who continue to face challenges due to the COVID-19 pandemic, HDB will extend the suspension of late payment charges on mortgage and public rental arrears by another three months until 31 December this year.
Continue Reading • 1 Oct 2021
When & Where to Focus Your Listings: October 2021 Edition
With the number of COVID cases on the rise on our little island, there are some different trains of thought - some of us see this as part of transitioning from a pandemic to an endemic, whilst some of us are being extra careful about going out. Nevertheless, thanks to constantly changing...
Continue Reading • 30 Sep 2021