Singapore Property Market News

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Crowdfunder CoAssets forms new real estate subsidiary

As part of the company’s growth strategy, crowdfunding platform CoAssets has formed a fully-owned subsidiary called CoAssets Real Estate (Care)...

Continue Reading11 Jan 2017

Perumal Road site attracts $174m top bid

A residential with first storey commercial site at Perumal Road in Litte India attracted strong interest from developers, with 11 bids submitted at the close of its public tender...

Continue Reading10 Jan 2017

Singapore housing market still sluggish: report

Amidst a slowdown in Singapore’s economy, its residential market remained sluggish during the third quarter of 2016, with home prices down by 2.89 percent year-on-year...

Continue Reading10 Jan 2017

HDB to ramp up BTO flat supply ahead of launch

The Housing and Development Board is looking at ways on how it can advance the construction work of some BTO projects and build them ahead of their sales launches...

Continue Reading10 Jan 2017

Some higher income families allowed to get rental flats

The income ceilings set for various government subsidies serve different purposes, and differ based on the nature of help provided...

Continue Reading10 Jan 2017

S’pore construction activity to pick up in 2017

The Building and Construction Authority (BCA) expects the total value of construction contracts to be awarded this year to hit between $28 billion and $35 billion...

Continue Reading9 Jan 2017

Hong Kongers shunning resale homes

With home buyers shifting their focus towards new discounted units by developers, transactions of second-hand homes in Hong Kong declined over the weekend...

Continue Reading9 Jan 2017

China home prices, property investment set to rise

Average home prices in China are projected to increase by 4.1 percent year-on-year to 7,435 yuan (S$1,544) per sq m in 2017, while property investment...

Continue Reading9 Jan 2017

Experts don’t foresee more surprise land acquisitions

Experts believe the surprise acquisitions of Jurong Country Club and Raffles Country Club to make way for the Kuala Lumpur-Singapore High Speed Rail (HSR)...

Continue Reading6 Jan 2017

Owners of United Engineers said to be mulling sale

The biggest stakeholders of United Engineers Limited (UEL), which has a market capitalisation of $1.7 billion, have officially begun evaluating buyer interest...

Continue Reading6 Jan 2017

New York property agents sell homes via Snapchat

Real estate agents in New York have found a novel way of selling apartments – via Snapchat. The Snaplistings account was conceived...

Continue Reading6 Jan 2017

Govt to acquire Raffles Country Club land for HSR

The Raffles Country Club in Tuas will be acquired to make way for the facilities of the upcoming KL-Singapore High Speed Rail and future Cross Island Line’s western depot...

Continue Reading5 Jan 2017

High Court gives green light to Shunfu Ville sale

The High Court on Wednesday approved the collective sale of Shunfu Ville to Qingjian Realty, media reports said. While no written judgment was issued...

Continue Reading5 Jan 2017

Landed home prices up for first time since 2013

Landed home prices climbed by 0.9 percent quarter-on-quarter in Q4 2016, reversing the 2.7 percent quarterly drop recorded during the previous three-month period...

Continue Reading5 Jan 2017

HDB apologises for wrong info on inspection notice

The Housing Board has apologised to residents for the wrong information relayed by its staff member regarding a notice on periodic structural inspection...

Continue Reading5 Jan 2017

Home prices may drop further in 2017

Despite signs of a bottoming out, private home prices are expected to ease further this year, albeit at a gradual pace, media reports said. The drop in prices...

Continue Reading4 Jan 2017

Some global property markets overheating: report

Residential and commercial property prices in some developed economies have spiralled so high that there is a significant chance these markets could overheat...

Continue Reading4 Jan 2017

S’pore GDP up 1.8% in Q4

Singapore’s gross domestic product (GDP) rose by 1.8 percent in Q4 2016 on an annual basis, surpassing the revised 1.2 percent growth in the quarter before...

Continue Reading4 Jan 2017

Private home prices fell 3% in 2016

Private home prices across Singapore fell by three percent in 2016, slightly lower than the 3.7 percent decline in 2015, according to URA flash estimates...

Continue Reading3 Jan 2017

HDB resale prices down 0.1% in 2016

Prices of HDB resale flats fell by 0.1 percent for the whole of 2016, according to flash estimates of the Resale Price Index (RPI). Resale flat prices for Q4 2016 also dropped...

Continue Reading3 Jan 2017