Hike in HDB resale prices to be slower, New private home sales remain steady in January despite cooling measures and more

Hike in HDB resale prices to be slower as record number of flats achieve minimum occupation period, and more. Here are the news highlights for what happened in the Singapore property market from 8 Feb to 14 Feb 2022.

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Kheng Leong acquires Gilstead Road sites for $70mil, young Singaporeans want greener, more inclusive living environment and more

Kheng Leong acquires Gilstead Road sites for $70mil, young Singaporeans want greener, more inclusive living environment and more. Here are the news highlights for what happened in the Singapore property market from 1 Feb to 7 Feb 2022.

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HDB resale prices rose 12.7%, sales for new private homes, resale private properties up in 2021, and more

HDB resale prices rose 12.7%, sales for new private homes and resale properties up in 2021, and more. Here are the news highlights for what happened in the Singapore property market from 25 Jan to 31 Jan 2022.

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15 leasehold GCBs to rise at former Caldecott Broadcast Centre site, Gloria Mansion sold for $70.3mil and more

Good Class Bungalows (GCBs) to be built at the former Caldecott Broadcast Centre site, Gloria Mansion sold at $70.3 million and more. Here are the news highlights for what happened in the Singapore property market from 18 Jan to 24 Jan 2022.

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GCB sales volume to ease in 2022, increase in property auction listings and more

Auction listings being likely to increase, GCB sales volume to ease with prices remaining firm, and more. Here are the news highlights for what happened in the Singapore property market from 11 Jan to 17 Jan 2022.

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A Long-Term Investment Opportunity in Singapore’s Downtown Core

Amid the transformation of the Central Business District and its proximity to the Greater Southern Waterfront, Marina One Residences is looking to be a rewarding long-term investment opportunity.

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Private property and HDB prices touch record highs in 2021, growing rental demand in 2022, and more

Private property and HDB prices touch record highs in 2021, growing rental demand in 2022, and more. Here are the news highlights for what happened in the Singapore property market from 3 Jan to 10 Jan 2022.

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Singapore rents hit a six-year high, fuel expat housing woes

URA data revealed that the rental price index has increased to 111.3 in Q3 2021, its highest since Q1 2015; private property which cost $2,500 and $4,000 in monthly rental fees see high demand.

Continue Reading29 Dec 2021

30 Bideford Road up for sale for $600mil

The 18-storey freehold mixed-use development sits on a 21,602 sq ft site and is located 600m from Somerset MRT station.

Continue Reading28 Dec 2021

Bukit Batok EC site to receive keen interest despite new curbs

The Bukit Batok West Avenue 8 EC site is expected to yield about 375 residential units.

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Guocoland unveils two new senior appointments

Andrew Chew will serve as Group Chief Financial Officer for GuocoLand and Valerie Wong as Group General Manager, Asset Management.

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Lakepoint Condominium enters private treaty negotiations process

Located at Lakepoint Drive, the 309-unit Lakepoint Condominium, which sits on a 562,286 sq ft site, fell short of its reserve price of $640 million.

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Singapore buyers prefer homes with more living space

The changes brought on by the COVID-19 pandemic has resulted in a preference for larger homes that are closer to amenities such as gyms, parks, and schools.

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En bloc hopefuls march ahead with tenders despite new curbs

Despite the increased ABSD rates for developers, tenders for properties such as Lakepoint Condominium, Dublin Lodge, Sixth Avenue Centre, Baode Building, and Hillview Terrace will continue.

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Foreign worker levy rebates, waiver for some employers extended until March 2022

About 15,000 firms will benefit from the foreign worker levy rebates which have been extended until March 2022.

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Singles can apply on their own under new rental flat scheme

Under the new rental flat scheme, singles can apply for a public flat individually; an appointed operator will then match them with another tenant, based on similarities.

Continue Reading20 Dec 2021

Perfect Ten sells 5% of units at launch

Perfect Ten sold 12 out of 230 units during its launch weekend.

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New private home sales up 70% in November

CanningHill Piers was the best performing project in November, moving 576 units at a median price of $2,887 psf.

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Alexandra site to be redeveloped for public housing, to yield 1,500 HDB flats

The 3.7ha Alexandra site, which will yield 1,500 units, will be less than a 10-minute walk from Redhill MRT station.

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Gov’t carefully considered scope, timing of new cooling measures

The higher ABSD aims to moderate the demand from those who wish to purchase investment properties, while tighter loan limits aim to encourage “greater financial prudence” among home buyers.

Continue Reading17 Dec 2021