Singapore Property Market News

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Singapore residential investment volume doubles in Q4 2020

Singapore's full-year property investment tally stood at $23.7 billion in 2020, revealed a Cushman & Wakefield report.

Continue Reading15 Jan 2021

The Reef at King’s Dock to open for preview this Saturday

This new luxury waterfront project by Mapletree Investments and Keppel Land is situated within the Greater Southern Waterfront. Bookings will start from 30 January.

Continue Reading15 Jan 2021

HDB launches one-stop portal for home buyers, sellers

Among the portal’s features include a customised financial calculators that will help buyers estimate their housing budget as well as help sellers estimate their sales proceeds.

Continue Reading14 Jan 2021

Singapore ranked 123rd, out of 150 countries for residential price growth

Residential property prices in Singapore climbed by just 0.7% year-on-year in the third quarter of 2020. The Philippines topped the ranking, with its capital, Manila, posting a 34.9% year-on-year increase in residential property prices.

Continue Reading14 Jan 2021

Singapore new home sales up almost 60% in December

The December sales were mainly driven by two key launches – namely, Clavon and Ki Residences. On an annual basis, new home sales soared 126.2% from the 538 units shifted in December 2019.

Continue Reading13 Jan 2021

JLL appoints new country heads for Singapore, Thailand

The new appointments are motivated by the company's believe in South-east Asia "as a fast-growing region with a robust real estate sector".

Continue Reading12 Jan 2021

OCBC offers Singapore’s first solar panel consumer loan

To finance the installation of solar panels and accelerate the adoption of clean energy, each homeowner can borrow up to $30,000 with a tenure of one to five years.

Continue Reading12 Jan 2021

Executive condominium prices to increase this year, in 2022

This comes as the COVID-19 pandemic caused bottlenecks in the construction supply chain, which led to higher costs.

Continue Reading11 Jan 2021

Chip Eng Seng warns of a net loss for FY2020 due to COVID-19

Closure of construction sites for several months in FY2020 have expectedly impacted the on-going developments' construction milestones, and in turn affected revenue recognition as well as progressive payments from property buyers.

Continue Reading11 Jan 2021

Gerald Crescent redevelopment site up for sale for $25mil

Working out to around $785 per sq ft (psf), the 31,882 sq ft site located within the Seletar Hills landed housing estate currently houses a vacant bungalow. The tender for 2F Gerald Crescent closes on 9 February.

Continue Reading8 Jan 2021

When & Where to Focus Your Listings: January 2021

While the COVID-19 pandemic turned the whole of 2020 upside down, the good news is we all made it through safe and sound, so let’s bring on 2021 with hope and optimism that it will surely be better! PropertyGuru wishes all Agent Partners a prosperous and successful year ahead!With the commitment...

Continue Reading7 Jan 2021

Parc Central Residences EC opens for e-application

Located at Tampines Avenue 10, prices start from $956,000 for the three-bedders, $1,258,000 for the four-bedders and $1,609,000 for the five-bedders.

Continue Reading7 Jan 2021

Holland Rise GCB site for sale for $68mil

The freehold vacant plots occupy a combined land area of 52,992 sq ft. Buyers have the option to acquire a single plot or multiple plots.

Continue Reading7 Jan 2021

Haidilao chairman’s son granted Option to Purchase for Gallop Road bungalow

Reserved for purchase only by Singapore citizens, bungalows within the 39 gazetted Good Class Bungalow (GCB) Areas are Singapore’s most prestigious form of landed housing.

Continue Reading6 Jan 2021

Clementi Forest to retain residential zoning

The site came under the spotlight after a drone footage of its green space went viral in October and a petition was started seeking for the area’s conservation as a nature park.

Continue Reading6 Jan 2021

Vacancy rate for rent in private residential market to rise up to 9% this year

Residential landlords are advised not to rely on the expansion of Chinese tech firms in Singapore to fill the growing number of empty homes, as experts believe that it is still too early to predict how many foreigners they will bring here.

Continue Reading5 Jan 2021

Singapore’s economy contracted 3.8% in Q4, 5.8% in 2020

On a seasonally-adjusted basis, the economy grew 2.1%, after expanding 9.5% in Q3 2020.

Continue Reading5 Jan 2021

Private residential prices up 2.1% in Q4, 2.2% in 2020

Looking ahead to 2021, overall private home prices is expected to rise by 1% to 4%, while new home prices may increase at a faster pace of between 2% and 5%, says Christine Sun, Head of Research and Consultancy at OrangeTee and Tie.

Continue Reading5 Jan 2021

KL-Singapore HSR termination: a chance for govt to re-examine Jurong plans

Experts see this as an opportunity for Singapore to review its plans for Jurong as a second CBD amid the changing work culture in a post-COVID-19, climate-changing world.

Continue Reading4 Jan 2021

940,000 HDB households to receive U-Save rebates this month

Of these, around 155,000 larger families will enjoy 2.5 times their regular U-Save rebates in the financial year 2020.

Continue Reading4 Jan 2021