Singapore Property Market News

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More Singaporeans now living in condos: survey

More Singaporeans now own their own homes, according to results of the latest General Household Survey released by the Department of Statistics (Singstat) on Wednesday...

Continue Reading10 Mar 2016

PropNex bucks trend with $200m in commissions

Despite Singapore’s sluggish property market, PropNex Realty saw gross commissions soar to a record high of $200 million in 2015, while transaction volume surpassed...

Continue Reading9 Mar 2016

Prime properties now more affordable: JLL

Prime residential property in Singapore is significantly more affordable now than in the rest of the world’s best cities, according to the latest JLL report.

Continue Reading9 Mar 2016

S’pore named best city for young professionals

Singapore was named the world’s best city for young people, in terms of employment and entrepreneurship opportunities, according to a study conducted by The Economist Intelligence Unit.

Continue Reading9 Mar 2016

NParks seeks design ideas for Jurong Lake Gardens

Singapore’s National Parks Board (NParks) is inviting consultancies to take part in the concept design plan for Jurong Lake Gardens (JLG) Central and East...

Continue Reading8 Mar 2016

HK home sales plunge 70% from last year

Residential transactions in Hong Kong plunged by 70 percent on an annual basis last month, as buyers shunned the housing market amidst falling prices and economic uncertainty...

Continue Reading8 Mar 2016

Ascott to open serviced apartment in one-north

Serviced residence owner-operator The Ascott Limited has secured a serviced apartment at one-north business park through a lease awarded by JTC Corporation...

Continue Reading7 Mar 2016

Johor to become an economic powerhouse

With four ongoing large-scale projects, Malaysia’s Johor state is set to become the next economic powerhouse in the country behind Klang Valley, according to media reports...

Continue Reading7 Mar 2016

Johor’s Forest City given duty-free status

Forest City is set to become a duty-free zone, with a slew of corporate incentives being rolled out to lure investors and tourists, announced Malaysia’s Prime Minister Najib Razak...

Continue Reading6 Mar 2016

Residential land prices down 5.8% in 2015

The price of land sites in Singapore for prime residential and office projects did not change in the second half of 2015, according to Knight Frank's latest report...

Continue Reading4 Mar 2016

Strong Indonesian interest for Cairnhill Nine

A significant number of condo units have been reserved at the 268-unit Cairnhill Nine development in Orchard, after its developer CapitaLand held a VIP preview in Jakarta...

Continue Reading4 Mar 2016

Singapore developers buoyed by Chinese demand

Amidst the lacklustre residential market in Singapore, the earnings of local developers have been boosted by strong sales in China’s largest cities, revealed media reports...

Continue Reading4 Mar 2016

Singapore's richest property developers are now poorer: Forbes

Forbes has just released its 2016 ranking of the world’s richest people, with 17 billionaires from Singapore making it on the prestigious list. Property developers are among the wealthiest...

Continue Reading3 Mar 2016

No respite from mounting extension charges for developers

Property developers forked out $24.9 million in extension fees last year for failing to dispose of all the residential units in their developments within a certain period...

Continue Reading3 Mar 2016

New overseas projects launching in Singapore

Homegrown developer TA Corporation will unveil its first large-scale project in Phnom Penh, while Chengdu Galencia will showcase Chengdu’s Chelsea Residences...

Continue Reading3 Mar 2016

Wandervale's prices start from $655,000 for a 3-bedder

Sim Lian Group has released prices for the 534-unit Wandervale executive condominium (EC) in Choa Chu Kang, the first major property launch this year...

Continue Reading2 Mar 2016

$1 million buys you 452 sq ft in Singapore

For US$1 million, you can purchase 452 sq ft of prime real estate in Singapore, making it the world’s 7th most expensive place to buy luxury property, says Knight Frank...

Continue Reading2 Mar 2016

79% of young couples will consider a smart home: survey

The majority of young couples in Singapore will consider living in an EC project enabled with smart technologies, according to a new poll conducted by Qingjian Realty...

Continue Reading2 Mar 2016

Govt helped 543 S'poreans find shelter between 2013 and 2015

Over a two-year period, the Ministry for Social and Family Development (MSF) assisted 543 individuals and 374 households who needed a roof over their heads...

Continue Reading2 Mar 2016

20% of HDB loan applicants asked for larger loans

There were about 200,000 qualified applications for an HDB Loan Eligibility (HLE) letter from 2012 to 2015, revealed Lawrence Wong in Parliament...

Continue Reading2 Mar 2016