New circular allows developers to extend delivery date of possession
Under a circular issued by the COH, developers who are unable to meet their delivery date of possession can serve property buyers a notice for an extension of up to 122 days, effective from 1 July onwards, subject to certain qualifying conditions.
Continue Reading • 2 Jul 2021
Private home prices, HDB resale prices continue to increase in Q2 2021
Private home prices and HDB resale prices continue to increase in the second quarter of 2021, showed the URA and HDB flash estimates.
Continue Reading • 1 Jul 2021
Secretlab gaming chair CEO acquires two properties for $51mil in a week
The 28-year-old co-founder of the ergonomic chair retailer acquired a good class bungalow (GCB) on Olive Road for $36 million, as well as a five-bedroom triplex penthouse at Leedon Residence.
Continue Reading • 1 Jul 2021
Authorities ‘highly vigilant’ of property prices hikes, but says market not overheated
The MAS, MND, URA are keeping close tabs on property price hikes, and will intervene before the market overheats.
Continue Reading • 1 Jul 2021
When & Where to Focus Your Listings: July 2021 Edition
As we progressed to Phase 3 (Heightened Alert) in Singapore, many of us were happy to able to jump back into facials and meet up with one person to dine outside.And if things continue to look up, we might be able to gather in groups of up to 5 people from mid-July! Let’s keep our fingers...
Continue Reading • 30 Jun 2021
MinLaw refines two criteria for qualifying certificate exemption
Specifically, the shares that are held via white-listed nominee companies held by Singapore shareholders will now be counted towards fulfilling the shareholding interest criterion.
Continue Reading • 30 Jun 2021
Jalan Anak Bukit site attracts five bids
Launched for sale on 30 June 2020, the 99-year leasehold site has an area of 32,185 sq m and a maximum permissible gross floor area (GFA) of 96,555 sq m.
Continue Reading • 30 Jun 2021
More buyers looking for bigger homes since end of circuit breaker
In 2020, the number of resold executive HDB units increased by 12.8% year-on-year to 1,882 units and the number of resold five-room flats climbed 10.3% year-on-year to 5,984.
Continue Reading • 29 Jun 2021
ERA Singapore promotes Marcus Chu to CEO
Current ERA Singapore COO, Marcus Chu, will take on the CEO role with effect from 1 July.
Continue Reading • 29 Jun 2021
White site at Marina View launched for sale
The Marina View site is 7,817.6 sq m and is expected to yield 905 housing units, 540 hotel rooms and 2,000 sq m in gross floor area (GFA) of commercial space.
Continue Reading • 29 Jun 2021
Ethnic Integration Policy for public housing—a ‘direct and real’ financial burden for minorities
The Ethnic Integration Policy for public housing states minorities can only sell to another minority member, should the majority race quota been met, limiting the opportunity to sell their flats.
Continue Reading • 28 Jun 2021
3x Growth in DataSense Products: More Agents Can Now Help Property Seekers Make Data Based Decisions
With data, everything makes more sense – so we gave PropertyGuru agents DataSense.Launched on 31 March 2021, DataSense is a suite of proptech data tools that we designed for PropertyGuru agents, so they can become even better advisors for property seekers.With adoption rates growing 3x weekly,...
Continue Reading • 25 Jun 2021
999-year residential site at Kovan up for sale
The 2.5 storey house at 34 Jansen Road features five bedrooms and a swimming pool, and has a site area of 9,617 sq ft.
Continue Reading • 25 Jun 2021
Analysts believe hike in inflation still at manageable level
Core inflation, which excludes accommodation and private road transport costs, is still believed to be at manageable levels.
Continue Reading • 24 Jun 2021
BCA recognises new accreditation schemes for managing agents
The Association of Property and Facility Managers (APFM), as well as the Association of Strata Managers (ASM) accreditation schemes have been recognised by BCA in a bid to raise the industry standards of managing agents.
Continue Reading • 24 Jun 2021
Luxe Living in The Heart of Sentosa Island
Nestled amid lush gardens and an abundance of nature, Capella The Club Residences offers a tranquil respite from the hustle and bustle of the city.
Continue Reading • 23 Jun 2021
49-year-old HDB terraced house in Whampoa breaks record with $1.268mil selling price
The two-storey flat at Block 39 Jalan Bahagia is a landed corner terraced unit with an area of 210 sq m – which are considered rare attributes for an HDB flat.
Continue Reading • 23 Jun 2021
Singapore to engage public in review of long-term approach to land use, city planning next month: Desmond Lee
Lee noted that the city-state has to review its approach to land use and city planning as the pandemic underscored the need to relook the design of homes and workplaces.
Continue Reading • 22 Jun 2021
Rising household incomes, more condo dwellers seen over past decade
The median monthly household has risen by 3.3% per year, while there were more households living in condominiums and other apartments in 2020 compared to a decade ago.
Continue Reading • 21 Jun 2021
Resale private home transactions rose 6.5% in Q1
4,607 units were sold during the first quarter of 2021, with demand likely spurred on due to COVID-19 construction delays.
Continue Reading • 18 Jun 2021