Singapore Property Market News

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Singapore home prices remain depressed

Singapore's housing market is still weak, with house prices falling 2.94 percent during the year to the second quarter of 2016, revealed a report from Global Property Guide...

Continue Reading20 Sept 2016

Surge in supply may drag down home prices

Private home prices here are expected to be dragged down by the large upcoming supply of 10,262 units in the second half of this year and 14,578 units in 2017, according to media reports...

Continue Reading19 Sept 2016

BCA proposes list of upgrades to improve lift safety

The BCA has published a list of recommended upgrades for existing elevators, to further improve their safety and performance as part of its ongoing review of lift regulations...

Continue Reading19 Sept 2016

Working mum quits job to sell luxury condos, raise kids

Property agent Lynn Er is a married mother of two boys who quit the rat race more than seven years ago to become a property agent, so that she could spend more time with her family...

Continue Reading16 Sept 2016

5 best-selling projects in August 2016

Property developers sold 805 housing units in August, including executive condominiums (ECs). The five top-selling projects, all located in the Outside Central Region (OCR) are...

Continue Reading16 Sept 2016

Private home sales plunge 56% as Ghost Month deters buyers

Sales of new private homes, excluding executive condominiums (ECs), fell 56 percent to 473 units in August from the 1,091 units sold in the previous month, according to the URA data...

Continue Reading15 Sept 2016

Former property agent fined for handling client’s money

Under the Estate Agents Act, it is an offence for property agents to handle any transaction monies for or on behalf of anyone in relation to the sale and purchase of property in Singapore and the lease of HDB property...

Continue Reading15 Sept 2016

Roxy-Pacific buys another site at Jalan Eunos

RH Eunos, a unit of property developer Roxy-Pacific Holdings, has agreed to purchase a freehold residential site at Jalan Eunos for $10.978 million. Comprising lots at 180,182 and 184 Jalan Eunos,...

Continue Reading15 Sept 2016

The Tembusu condo topped out

Property developer Wing Tai Holdings on Wednesday (14 September) topped out the construction of The Tembusu, a freehold condominium near Kovan MRT station...

Continue Reading14 Sept 2016

Singapore named Asia’s most sustainable city

Singapore has been listed as Asia’s most sustainable city, and second in the world, in this year’s Sustainable Cities Index by Arcadis, media reports said. This is a major improvement from last year...

Continue Reading14 Sept 2016

UK home prices up 0.1% amid muted market conditions

Home prices in the UK rose by 0.1 percent in August to £292,921 (S$527,510), pushing prices up by 4.3 percent from the previous year, reported Bloomberg, citing a report...

Continue Reading14 Sept 2016

Leedon Park GCB could fetch over $70 million

A sprawling good class bungalow (GCB) located on one of the highest points of the Leedon Park GCB area has been launched for sale, revealed sole marketing agent JLL...

Continue Reading13 Sept 2016

More Indonesians buying up Singapore property

The number of Indonesian nationals purchasing luxury homes in Singapore has nearly quadrupled from last year’s total. So far this year, Indonesians have acquired 30 properties in Singapore valued at $5 million or more...

Continue Reading13 Sept 2016

Smart technologies used in planning of Tengah

Tengah is poised to be the biggest smart and sustainable development by the HDB to date, with planners using smart technologies to promote efficient use of water and energy, as well as provide eco-friendly features...

Continue Reading13 Sept 2016

Maids can’t use pools, other condo facilities

Some condominiums in Singapore continue to enforce strict rules preventing domestic helpers from using the facilities, such as swimming pools and gymnasiums, as they are meant for homeowners only...

Continue Reading9 Sept 2016

Tengah new town to be built right into nature

Singapore’s 24th HDB town, Tengah, will be the first forest town in Singapore with a car-free town centre. National Development Minister Lawrence Wong unveiled the masterplan for the new town...

Continue Reading9 Sept 2016

CapitaLand named Asia’s most sustainable diversified property developer for sixth year

CapitaLand has been named the most sustainable diversified real estate developer in Asia by the Global Real Estate Sustainability Benchmark (GRESB) for the sixth consecutive year...

Continue Reading9 Sept 2016

Green mark criteria for residential buildings updated

The Green Mark Scheme for new residential buildings has been updated to include the use of smart technologies as one of the criteria needed for developers to have their buildings certified, media reports said...

Continue Reading8 Sept 2016

Second viewings after initial offer not always allowed

Property developer CapitaLand has come forward to clarify that home buyers are usually given access to its completed condominium units, pending completion of the sales process...

Continue Reading8 Sept 2016

S’pore home prices down 2.4% in Q2

Singapore saw house prices fall by 2.4 percent year-on-year in Q2 2016, effectively placing it among the worst performers, along with Hong Kong and Taiwan, revealed Knight Frank’s Global House Price Index...

Continue Reading8 Sept 2016