Singapore Property Market News

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Brexit: UOB suspends London property loans

United Overseas Bank (UOB) has suspended its loan programme for London properties after Brexit pushed the pound to a 30-year low and spooked global markets, media reports said...

Continue Reading30 Jun 2016

PropertyGuru launches VR showroom, an industry first

In a move that could very well be a first in Singapore, leading real estate portal PropertyGuru is exploring new opportunities in the field of virtual reality (VR) technology...

Continue Reading30 Jun 2016

EC site at Sengkang launched for sale

An executive condominium (EC) site at Anchorvale Lane in Sengkang has been launched for sale by public tender, said the Housing and Development Board on Wednesday (29 June)...

Continue Reading30 Jun 2016

Homeowners to benefit from cheaper mortgages

The steady increase in interest rates is starting to taper off given the slower economic growth, benefitting homeowners in the form of cheaper mortgages, media reports said...

Continue Reading30 Jun 2016

Top bid of $595.1m for Martin Place site

The tender for a 99-year leasehold residential site at Martin Place in River Valley closed on Tuesday (28 June) after attracting 13 bids, said the Urban Redevelopment Authority (URA)...

Continue Reading29 Jun 2016

Applications for Treasure Crest EC to open 1 July

Property developer Sim Lian Group will launch its 504-unit Treasure Crest EC at Anchorvale Crescent for e-applications this Friday (1 July), with unit prices ranging between $735 psf and $755 psf on average.

Continue Reading29 Jun 2016

Property auction sales up 134% in Q2

Total auction sales increase by a whopping 134.3 percent to $13.76 million in Q2 2016 from $5.87 million in Q1 2016, even as auctions still take place in the final week of June, revealed a JLL report...

Continue Reading29 Jun 2016

Resale condo prices down in May: NUS index

Prices of completed non-landed private homes in Singapore fell by 0.8 percent in May 2016, compared to a 0.2 percent increase in the previous month, flash estimates of the NUS SRPI showed...

Continue Reading28 Jun 2016

Property agent beats cancer, climbs Mount Kinabalu

For many people, losing their job and then being diagnosed with a serious illness is enough to make them feel helpless and fall into depression. That’s not the case for 51-year-old property agent Prunella Ong...

Continue Reading28 Jun 2016

Private rental market to soften further

Weakening demand and record levels of new housing supply have contributed to a softening private residential leasing market over the past two-and-a-half years, with the URA's rental index falling by 9.1 percent...

Continue Reading28 Jun 2016

Homeowners not liable for damage to neighbour’s property

Property owners are not expected to supervise the work of contractors whom they hire, revealed the High Court in rejecting a move by a neighbour to make a homeowner liable for the damages caused by the contractor...

Continue Reading28 Jun 2016

Letter to the editor: Brexit a step into the unknown

I beg to differ with the views expressed in your article (Brexit: UK property prices won’t crash). Have you been to London recently? I’ve just come back from London and travel there often...

Continue Reading28 Jun 2016

Brexit: UK property prices won't crash

Although property prices in the UK may likely become cheaper, they are not expected to crash following Britain’s exit from the European Union, consultants told PropertyGuru...

Continue Reading27 Jun 2016

S'porean buyers of Aussie property face tighter lending rules

Singaporeans planning to buy homes in Australia may find it difficult to secure a loan, given the tighter lending rules recently imposed by major Australian banks to non-residents, media reports said...

Continue Reading27 Jun 2016

Remain vote may encourage S'poreans to invest in UK homes

A win by the Remain camp in Britain’s European Union referendum may spur UK residential property investment among Singaporeans.

Continue Reading24 Jun 2016

Soaring home prices cause misery in HK

The skyrocketing home prices in Hong Kong are making its citizens miserable, with two-thirds of the residents saying the city is not a good place to reside.

Continue Reading24 Jun 2016

English elegance

While modern, minimalistic interior design is popular here, there is no denying the old-world charm of English-inspired décor. We’re not talking about Singapore’s British colonial architecture, but styles that hark back to the Edwardian...

Continue Reading24 Jun 2016

Northern powerhouse

Manchester is fast becoming the next major investment destination for foreign property buyers looking to benefit from strong capital growth and an undersupply of housing...

Continue Reading24 Jun 2016

ProperTips: 9 questions to help you understand trusts

Mention trusts and one inadvertently thinks of the extremely wealthy. There’s more to trusts than that however. To help you better understand what a trust is, here are some commonly asked questions and their answers.

Continue Reading24 Jun 2016

The value of vice

Singaporeans are cautious and conservative with their investments, and often reject putting their money in areas with reputation for vice. However, these areas can provide lucrative returns. We give you the Guru View.

Continue Reading24 Jun 2016