Singapore Property Market News

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One Bernam: Culture and convenience in the heart of the city

A joint development by Haoyuan Realty and MCC Land, One Bernam offers culture, convenience and luxury living in the heart of District 2.

Continue Reading12 May 2021

4,600 public rental households have moved to home ownership in the past five years: MND

Of these, 36% became home owners in less than five years, 32% moved into their own homes in five to 10 years, whilst the remaining 32% achieved home ownership after more than 10 years of living in public rental flats.

Continue Reading11 May 2021

Around 2,000 HDB units still do not have direct lift access due to technical and cost constraints: HDB

HDB noted that it is not possible to implement the LUP due to prohibitive costs or technical constraints.

Continue Reading11 May 2021

Chip Eng Seng, SingHaiyi, Chuan Investments JV clinches Maxwell House for $276.8mil

The joint tenders plan to seek approval from the URA to redevelop the commercial property into a “mixed-use development.

Continue Reading10 May 2021

Park Nova penthouse sets new record of $5,838 psf

The 5,899 sq ft penthouse, the biggest at Park Nova, was sold for $34.438 million or $5,838 per sq ft (psf).

Continue Reading10 May 2021

One Bernam sells over 80% of released units at launch

90% of the units sold were 1- and 2-bedroom units.

Continue Reading10 May 2021

More execs cite cooling measures as biggest risk facing property market

Of the 50 real estate executives surveyed in March, 87.8% believe the possibility of property cooling measures is the biggest risk the property market faces in the next six months.

Continue Reading7 May 2021

URA awards Northumberland Road site to CDL, MCL Land joint venture

The Northumberland Road site sold for $445.888 million and can potentially yield 405 housing units.

Continue Reading6 May 2021

Kitchen ceiling leak not covered by HDB's Goodwill Repair Assistance scheme

As the kitchen ceiling leak in Whing Yeok Leng's HDB flat was caused by a leak in the water supply pipe she had encased with PVC trunking, it did not fall within the scope of HDB's Goodwill Repair Assistance scheme.

Continue Reading5 May 2021

ERA unveils $10mil support plan to help 8,000 agents

The $10 million support plan by ERA Network Realty aims to offer courses on digital adoption, skills training and career progression to over 8,000 agents.

Continue Reading4 May 2021

Young couples quest for dream homes marred by construction delays, rising prices

Over 40,000 households have to wait for an extended six to nine months, or even a year, for their BTOs to be ready. In turn, rental and resale flat prices are increasing.

Continue Reading3 May 2021

Retreat to the french countryside at provence residence

Developed by MCC Land, Provence Residence is a 413-unit EC that offers French-inspired living in the heart of Canberra.

Continue Reading3 May 2021

More buyers looking for bigger homes amid pandemic

The sales for new homes above 1,200 sq ft increased 72%, from 362 units in Q4 2020 to 623 units in Q1 2021.

Continue Reading3 May 2021

When & Where to Focus Your Listings: May 2021 Edition

Hello again, Agent Partners!We’re due for our latest edition on When & Where to Focus Your Listings: May 2021 Edition.As a country, Singapore seems to be regaining traction despite the global pandemic and MAS even estimated our economic growth at 6% this year . How does this translate to your...

Continue Reading30 Apr 2021

Park Nova to open for preview this Saturday

Located at 18 Tomlinson Road, Park Nova is a 54-unit condominium within walking distance to Orchard MRT Station.

Continue Reading30 Apr 2021

Number of million-dollar HDB flats may hit new record this year, OrangeTee & Tie

Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie, said 53 resale flats were sold for at least $1 million in Q1 2021 – the highest quarterly sales on record.

Continue Reading29 Apr 2021

Residential sector leads investment sales in Q1

The residential sector accounted for 39% or $1.8 billion of total investment sales in Q1 2021.

Continue Reading29 Apr 2021

5 Turning Points from Failure to Success

Being a real estate agent teaches you a lot of things – from being super savvy about property, to managing generations of clients and more. But what about life lessons?Today we look at Lester Chen, who recently returned to the real estate industry, with a bag full of life lessons ready to propel...

Continue Reading28 Apr 2021

23 HDB resale flats in non-mature estates transacted for over $800,000 in Q1

Last month, a transaction in Punggol came fairly close as a nine-year-old premium flat was sold for $910,000, showed OrangeTee & Tie's HDB Market Pulse Q1 2021 report.

Continue Reading28 Apr 2021

Northumberland Road site attracts 10 bids

City Developments (CDL) and MCL Land submitted the top bid of $445.888 million, or $1,129 psf for the 8,732.9 sq m site.

Continue Reading28 Apr 2021