Singapore Property Market News

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Overly optimistic bids may derail property market rebound

While the property market is expected to head for a rebound, analysts believe...

Continue Reading15 Jan 2018

Despite lower earnings, Lian Beng upbeat on property outlook

Singapore-listed Lian Beng Group’s net profit declined by 33.7 percent year-on-year...

Continue Reading15 Jan 2018

BCA sees steady improvement in construction market

With the rescheduling of “a few major public sector infrastructure projects”, total construction contracts awarded last year fell below expectations at $24.5 billion...

Continue Reading12 Jan 2018

Park West condo sold en bloc for $840.89m

Third time’s a charm. The owners of Park West have finally succeeded in selling the condominium via collective sale...

Continue Reading12 Jan 2018

Summer Green in Balestier up for en bloc sale

Another residential development, this time off Balestier Road, has been put up for collective sale, said marketing agent Knight Frank on Thursday (11 January)...

Continue Reading12 Jan 2018

118 HDB flats involved in mortgagee sales

There had been 118 cases of completed mortgagee sales involving HDB flats from January 2013 to November 2017...

Continue Reading11 Jan 2018

Singapore property market rebound may extend through 2019

Analysts believe the four-year slump that has plagued Singapore’s property market may have come to an end...

Continue Reading11 Jan 2018

Report: Average home prices in Singapore could rise by 17% over 2018-2021

The prospects for the Singapore property market are bright, with investment volumes to remain strong and home prices forecast to rise, revealed Colliers International...

Continue Reading11 Jan 2018

HDB flat sellers restricted by ethnic integration policy may get extension, Wong

Owners of Housing and Development Board (HDB) flats who are finding it hard to dispose of their units due to the ethnic integration policy ...

Continue Reading10 Jan 2018

MAS seeks more details on loans for property projects

The Monetary Authority of Singapore (MAS) placed more scrutiny on the way banks are funding property development projects...

Continue Reading10 Jan 2018

Over 200 divorcees allowed to buy HDB flat sans ex-spouses’ consent

Singapore’s Housing and Development Board (HDB) has allowed divorcees to purchase a subsidised flat without their ex-spouses’ consent...

Continue Reading10 Jan 2018

Most BTO flat buyers in mature estates are first-timers

On average, about 80 percent of people buying Build-to-Order (BTO) flats in mature estates from the Housing and Development Board (HDB)...

Continue Reading9 Jan 2018

2,500 households took up HDB’s Lease Buyback Scheme

About 2,500 families have successfully applied for the Housing and Development Board’s Lease Buyback Scheme (LBS)...

Continue Reading9 Jan 2018

Singapore’s unsold units at seven-year low in Q3 2017

With the improved buyer sentiment over the recent months, unsold home inventory in Singapore fell to a seven-year low...

Continue Reading9 Jan 2018

3 new roads in Bidadari estate to partially open on Sunday

Three new roads in Bidadari estate – Bidadari Park Drive, Alkaff Crescent and Woodleigh Link – will be partially opened on 14 January...

Continue Reading8 Jan 2018

First community-built playground opens in Sembawang Close

Minister for National Development Lawrence Wong on Sunday (7 January) opened Singapore’s first playground...

Continue Reading8 Jan 2018

Skirting minimum tenancy rule with early exit clause

Despite the prosecution of two men in December for providing short-term stays via Airbnb...

Continue Reading8 Jan 2018

Knight Frank names new residential head for Asia Pacific

Knight Frank has appointed Victoria Garett as head of residential for Asia Pacific, based in Singapore...

Continue Reading5 Jan 2018

Slight rise in number of property agents this year

The number of registered property agents in Singapore rose slightly to 28,571 as at 1 January 2018, up from 28,397 last year, according to data released by the Council for Estate Agencies (CEA)...

Continue Reading5 Jan 2018

Cooling measures a “retardant” to property market’s recovery

With the property market expected to finally make its long-awaited recovery, some analysts see the government’s cooling measures...

Continue Reading4 Jan 2018