Singapore Property Market News

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Only 20 units sold at Marina One Residences on first day of public sales

Poor sales were recorded on the first day of launch for Marina One Residences with only 20 units sold last Saturday,...

Continue Reading13 Oct 2014

Influx of shoebox units to drag down property prices

Small condominiums will bring large problems to big developers as a huge number of “shoebox” units are expected to enter the market next year,...

Continue Reading13 Oct 2014

New condo launches pushing up home sales

Sales of new private homes likely increased in September as property developers launched more units to generate higher sales before the holiday season,...

Continue Reading13 Oct 2014

More buyers look at Australia

Singaporeans have been buying more Australian property in the last 12 months, according to official data released over the weekend.

Continue Reading13 Oct 2014

Investors lose at Albany Heights

Investors from across Southeast Asia have lost money with the liquidation of an Auckland development.

Continue Reading13 Oct 2014

Profit slump for some agencies

The profits of some of Singapore’s biggest property agencies have nose-dived by as much as 20 to 50 percent due to weak transaction volumes in the private housing market following several rounds of cooling measures,...

Continue Reading10 Oct 2014

E-applications exceed 1380 for Lake Life

Within a week of launching, the Lake Life executive condominium (EC) in Jurong Lake District has attracted over 1,380 e-applications...

Continue Reading10 Oct 2014

Eye on Farrer Park: More than a nostalgic affair

Beneath its present demeanour, Farrer Park holds traces of Singapore’s history and Muneerah Bee was surprised to find that there’s more to the neighbourhood than round-the-clock shopping facilities...

Continue Reading10 Oct 2014

Possible items in Malaysia Budget 2015

Malaysia’s annual budget for 2015 will be presented by Prime Minister Najib Razak on Friday afternoon,...

Continue Reading10 Oct 2014

Award-winner on show at TPS

A multi award-winning Bangkok development will be showcasing in Singapore at the Thailand Property Show next month.

Continue Reading10 Oct 2014

CDL to build luxury condos in Tokyo

Property heavyweight City Developments Limited (CDL) plans to build luxury condominiums on a freehold land site in Tokyo’s upscale Shirokane area,...

Continue Reading10 Oct 2014

Over 85% of first 242 units at Marina Bay condo sold to multi-unit buyers

Due to high interest, some 242 units at Marina One Residences were released to local and foreign buyers during its preview phase,...

Continue Reading9 Oct 2014

Upper Thomson site draws 18 bids

The tender for a residential site at Lorong Puntong near Upper Thomson Road closed yesterday after attracting a stunning 18 bids...

Continue Reading9 Oct 2014

Govt still studying reverse mortgage scheme

The Ministry of National Development (MND) is studying several countries that have established reverse mortgage plans,...

Continue Reading9 Oct 2014

More money to be spent on HDB upgrading: Khaw

The government will spend more money on upgrading programmes to further improve the lives of residents in HDB estates...

Continue Reading9 Oct 2014

Property auction sales to hit $70mil: report

The total number of properties placed on auction fell by four percent to 119 units in Q3 2014 from the previous quarter,...

Continue Reading9 Oct 2014

New Sydney icon to attract foreign buyers

A landmark residential tower by luxury developer Crown Group will soon launch in Sydney’s central business district,...

Continue Reading9 Oct 2014

1312 households obtained more than 2 HDB loans since last Jan

Around 25,000 households were granted HDB loans between January 2013 and June of this year...

Continue Reading8 Oct 2014

ABSD could shrink developers' profits by 50%

Under the Residential Property Act, developers are required to pay an Additional Buyer Stamp Duty (ABSD) of 10 percent for land bought after December 2011 and 15 percent for land acquired after January 2013.

Continue Reading8 Oct 2014

Eligible family members can buy back lease from HDB

Whether the family members can buy the tail end of the lease sold to the HDB would depend on their eligibility to buy a HDB flat.

Continue Reading8 Oct 2014