Singapore Property Market News

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Tender for Yishun Avenue 9 EC site awarded to Sing Holdings

The 99-year leasehold site has an area of 21,514.0 sq m and can yield up to 600 housing units.

Continue Reading23 Nov 2020

Chinese property buyers turn to Singapore, Portugal as alternative investment destinations

In Singapore, Chinese buyers accounted for nearly 25% of the total foreign property acquisitions during the first three quarters of 2020, showed Cushman and Wakefield data.

Continue Reading20 Nov 2020

Roxy-Pacific acquires Guillemard Road residential site for $93mil

With a total land area of 3,449.60 sq m or 37,131 sq ft, the property comprises 15 adjoining two-storey terrace homes and is the largest private residential transaction to date this year.

Continue Reading20 Nov 2020

Singapore Property Market Index Q4 2020

Despite the face of a deepening recession, there was a burst of activity in the Singapore property market. Here are some of the key highlights of the PMI Q4 report.

Continue Reading19 Nov 2020

Bishan and Toa Payoh’s bigger BTO flats oversubscribed one day after launch

The five-room flats at Toa Payoh’s Bartley Beacon project received more than five applicants for each of the 144 units offered as at 5pm on Wednesday.

Continue Reading19 Nov 2020

HDB’s BTO sales exercise marred with website glitches

Applicants who did not receive any confirmation email are advised to try again. HDB reminds that successful applicants will be determined by a computer ballot, and not on a first-come, first-served basis.

Continue Reading18 Nov 2020

HDB launches over 11,000 flats for November BTO, SBF exercises

Experts observe that the flats in Sembawang, Tampines and Tengah are expected to attract “fairly healthy applications”, though they would not be as hotly contested as those in Bishan and Toa Payoh (Bidadari).

Continue Reading18 Nov 2020

Homebuyers facing financial difficulties given more time to make payment

The extension from 31 December to 31 March 2021 seeks to help residential, industrial and commercial property buyers affected by the pandemic.

Continue Reading17 Nov 2020

New Private home sales fell 51.7% in October amid new curbs

The clampdown on the re-issue of options to purchase (OTP) by developers, as well as the lack of new launches could be reasons for the decline in new home sales, observed analysts.

Continue Reading17 Nov 2020

Residents of Geylang Lorong 3 houses are first to hand-over homes to state

Of the 37 families living there, 30 have already found alternative housing, while the remaining seven are “considering renting another property in the interim”, noted the SLA.

Continue Reading16 Nov 2020

1,200 visitors flocked The Landmark preview

The appointment-only viewing, in light of safe management measures, garnered more than favourable response at its first preview weekend as all appointment slots were fully taken up.

Continue Reading16 Nov 2020

The Linq @ Beauty World sells 96% of residential units over weekend launch

115 out of its 120 residential units were sold, with an average selling price of $2,150 per sq ft (psf) to $2,200 psf.

Continue Reading16 Nov 2020

ERA’s market share in new homes segment up in Q3 2020

ERA Realty’s estimated market share in the new homes segment climbed to 29.7% in the third quarter of 2020 from 29.5% over the same period last year.

Continue Reading13 Nov 2020

PropertyGuru is hosting Asia's largest multi-country virtual property expo

Find over 300 projects over 10 countries in PropertyGuru's Asia Virtual Property Expo, Asia’s largest multi-country expo.

Continue Reading13 Nov 2020

Undeterred by COVID-19, Singaporeans on property buying binge

The government cautions Singaporeans from the lure of cheap mortgages, and to remain prudent "given the labour market uncertainties in the current economic situation".

Continue Reading13 Nov 2020

ERA rolls out new digitalisation initiatives for agents, customers

ERA APAC Centre's Transformation Ceremony on 11 November, attended by Minister Demond Lee, unveiled digital initiatives aimed at making property transactions efficient and seamless.

Continue Reading13 Nov 2020

The Landmark to open for preview this Saturday

The 396-unit District 3 project sits atop Pearl's Hill, promising a panoramic view of Singapore's Downtown.

Continue Reading12 Nov 2020

PropNex Q3 profit rose 10.6% on strong domestic demand for private, public homes

PropNex's profit after tax and minority interest (PATMI) increased to $6.76 million during the third quarter of 2020 from $6.11 million over the same period last year.

Continue Reading12 Nov 2020

How to Recommend Your Clients the Best Mortgage

“Can you share some tips for choosing a mortgage loan?” “Which home loan is the best currently?”The questions above could sound quite familiar to you. While recommending your client a suitable home loan isn’t quite the main job of a property agent, being knowledgeable about the different types of...

Continue Reading11 Nov 2020

133 condo units sold in first week of Nov: Huttons

Units sold in developments located within the OCR and the RCR made up 35.5% and 46.6% of the total sales, while the CCR accounted for 18%.

Continue Reading11 Nov 2020