Singapore Property Market News

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3 historical places in Singapore

Singapore had a baptism of fire of sorts, when the World Wars rocked the world and like a child missing his parents, it had to grow up fast.

Continue Reading31 Jul 2017

Private home prices fall 0.1% in Q2, smallest decline in 15 quarters

Private home prices fell by a marginal 0.1 percent in the second quarter of 2017, compared with the 0.4 percent drop in the previous quarter...

Continue Reading28 Jul 2017

HDB resale flat prices down 0.1% in Q2

Prices of resale flats fell 0.1 percent in the second quarter of 2017 from the previous three-month period, according to the latest HDB Resale Price Index...

Continue Reading28 Jul 2017

Serangoon North Avenue 1 site attracts 16 bids

The tender for a residential plot at Serangoon North Avenue 1 closed on Thursday (27 July) after drawing 16 bids, said the URA...

Continue Reading28 Jul 2017

Property tycoons continue to top Singapore’s 50 Richest list

For eight consecutive years, property brothers Robert and Philip Ng of Far East Organisation retained their top spot in Forbes Asia’s Singapore Rich List, with their fortune at US$9.4 billion (S$12.8 billion) this year

Continue Reading28 Jul 2017

MAS advises caution on property related blockchain platforms

Recognising the risk that ‘dirty’ money may be laundered via their platforms, both FundPlaces and Reidao have set up due-diligence and know-your-customer (KYC) processes at the pre-registration phase

Continue Reading28 Jul 2017

Serangoon Ville sold en bloc, each owner to get about $2m

The former HUDC estate Serangoon Ville has been sold in a collective sale to an Oxley Holdings-led consortium for $499 million...

Continue Reading27 Jul 2017

Booming property market to benefit Singapore’s 3 major banks

This comes as the increased buying activity in the city-state boosted demand for housing loans, which account for 15 to 20 percent of the said banks’ total loans, based on the estimates of Jeremy Teong, analyst at Phillip Securities Research.

Continue Reading27 Jul 2017

Dunearn Court put up for en bloc sale

A 12-unit apartment complex along Dunearn Road in District 11 is the latest in a string of residential properties to attempt a collective sale...

Continue Reading27 Jul 2017

Too soon to say property market has recovered

Despite the resurgence in private home sales, analysts believe it is still premature to say that the property market has turned around...

Continue Reading26 Jul 2017

Roomorama to cease operations amid stiff competition, tighter regulations

Once boasting an inventory of hundreds of thousands of properties across the world, Roomorama.com has stopped operations...

Continue Reading26 Jul 2017

Lakepoint condo eyeing en bloc sale, site bigger than Shunfu Ville

Owners of the ageing Lakepoint condominium near Lakeside MRT station are believed to be exploring opportunities to go en bloc...

Continue Reading26 Jul 2017

981 Singaporeans among investors duped in Ponzi scheme

A property company believed to be engaged in a Ponzi scheme is being investigated by Singapore police after it allegedly conned investors...

Continue Reading25 Jul 2017

S’pore firms sell Melbourne housing project for AU$34m

Singapore-based firms Lian Beng Group and KSH Holdings have jointly sold a freehold property at 596 St Kilda Road in Melbourne...

Continue Reading25 Jul 2017

90 units at Martin Modern sold amounting to $220m

The official launch of Martin Modern last weekend saw close to 90 units sold at a total value of more than $220 million, said developer GuocoLand...

Continue Reading25 Jul 2017

Chinese developer Qingjian plants flag in Bukit Batok

The Le Quest in Bukit Batok attracted a crowd of potential buyers on the first weekend of preview. Developed by Qingjian Realty...

Continue Reading24 Jul 2017

Hundred Palms Residences sold out in one day

Property developer Hoi Hup Realty sold all 531 units (100 percent) at its Hundred Palms Residences EC at Yio Chu Kang Road on launch day...

Continue Reading24 Jul 2017

Thai property market buoyed by foreign buyers

This comes as sales to local buyers are not expected to increase higher than the 28 billion baht (S$1.14 billion) registered last year

Continue Reading24 Jul 2017

The Albracca sold collectively for $69m

The Albracca apartment at Meyer Road has been sold in a collective sale to property developer Sustained Land for $69.119 million...

Continue Reading21 Jul 2017

Brace for interest rate hike, says Australia PM

A rise in interest rates would increase the financial burden of those who have purchased homes in recent years amidst the low cash rate and climbing residential prices

Continue Reading21 Jul 2017