URA excludes pricing data on foreign home buying in Realis
Realis’ users, however, can still analyse transactions by nationality against other variables like land tenure and postal district.
Continue Reading • 10 Nov 2020
"Irresponsible" scare tactics by property investment educators and agents slammed by authorities
The Council for Estate Agencies (CEA) has also warned real estate agents against using “inaccurate, false and misleading claims” to pressure HDB owners into selling their flats for the sake of earning more commission.
Continue Reading • 9 Nov 2020
Knight Frank sold 25% of properties put up for auction in October
Amongst the properties sold, a two-storey semi-detached home at 14 Lorong Kismis attracted 14 bids and was sold for $1.32 million, which is up 20% from its $1.1 million opening price.
Continue Reading • 9 Nov 2020
HDB sees more reports on social disamenities during circuit breaker
Social disamenities relating to noises, cigarette smoke and foul smells increased from 600 cases per month between January to March, to 2,100 cases per month from April to July.
Continue Reading • 6 Nov 2020
Concessionary property tax rates automatically granted to EC, HDB, DBSS flat owners
Only owner-occupied residential properties enjoy concessionary property tax rates. Properties which are rented out or vacant do not enjoy this concession, says Deputy Prime Minister Heng Swee Keat.
Continue Reading • 5 Nov 2020
Government extends all construction contract deadline by four months
Affected homebuyers can seek reimbursement from developers, including the Housing and Development Board (HDB), for out-of-pocket costs due to construction delays, such as when they would have to rent a place for a longer period.
Continue Reading • 4 Nov 2020
Singapore bank lending declines for seventh consecutive month in September
On an annual basis, total bank lending declined 1% in September, with business loans and consumer loans contracting 0.2% and 2.5%, respectively, from a year ago.
Continue Reading • 3 Nov 2020
Singapore, Vietnam see more V-shaped recovery in Asean
Maybank’s economists attributed Singapore and Vietnam's more “V” recoveries to generous government subsidies, low interest rates, high household savings rate and work-from-home policies.
Continue Reading • 2 Nov 2020
High cases of Dengue persist, with landed homes being the hardest hit: NEA
32,806 dengue cases have been reported so far, making this more than double the number of cases for the whole of 2019, and the largest dengue outbreak in Singapore's history.
Continue Reading • 2 Nov 2020
10th PropertyGuru Asia Property Awards (Singapore): The full list of winners
Local developer, GuocoLand, emerged with the most awards in the night, winning seven awards, including the top award of the night, Best Developer.
Continue Reading • 31 Oct 2020
When and Where to Focus Your Listings: November 2020
Hello to all our fabulous Agent Partners in Singapore! It’s time again for another update on When and Where to Focus Your Listings.The COVID-19 situation in Singapore looks to be promising (let’s keep our fingers crossed) and there’s buzz going around about Phase 3! Don’t forget to claim your...
Continue Reading • 30 Oct 2020
Tenders for Tanah Merah Kechil Link, Yishun Ave 9 EC sites closed, both sites received 'robust interest'
Experts attributed the strong interest received to the Tanah Merah Kechil Link site’s proximity to the MRT Station and its land size, while the interest for the EC site at Yishun Ave 9 was 'unsurprising' as the last EC sites were sold in 2014.
Continue Reading • 30 Oct 2020
Freehold landed site at District 9 may be launched for sale in few months
The 117,230 sq ft site is owned by the seven sons of the late Cheong Eak Chong – founder of Hong Fok Corporation and Tian Teck group. A two-storey bungalow sits on the site, whose last resident, matriarch Lim Ghee, died in February.
Continue Reading • 29 Oct 2020
ERA Singapore in partnership to help agents capture 3D virtual tours of property
In this partnership, ERA agents will be provided with Matterport's “digital twins” of properties which give prospective house buyers access to comprehensive, virtual, round-the-clock property viewings.
Continue Reading • 28 Oct 2020
The Linq @ Beauty World to preview on 31 Oct
Located at Upper Bukit Timah Road, the 20-storey, mixed-development project will feature 120 residential units and 53 commercial units.
Continue Reading • 28 Oct 2020
OrangeTee: Singaporean home purchases hit new high in Q3, more buyers snapping bigger homes
Christine Sun, Head of Research and Consultancy at OrangeTee and Tie noted that people were more acutely aware of the need to acquire larger unit “to set up a dedicated workspace or small office at home”.
Continue Reading • 27 Oct 2020
HDB’s annual deficit rise to $2.6 billion in FY 2019/2020
The disbursement of Central Provident Fund (CPF) housing grants, decrease in the sales of flats, and the expected loss for flats that are currently under development have been attributed for the figures.
Continue Reading • 26 Oct 2020
Knight Frank sells property at 22% above opening price in first property auction since circuit breaker
Knight Frank conducted its first physical auction since the circuit breaker, with its prized transaction a property at 14 Lorong Kismis for $1.32 million, or 22% above its opening price of $1.1 million
Continue Reading • 26 Oct 2020
Singapore’s private home market shows sign of recovery in Q3
Transaction volume for private homes spiked 164.5% to 7,047 units in Q3 2020 from 2,664 units in Q2 2020, with resale homes accounting for a larger proportion of the total sales.
Continue Reading • 23 Oct 2020
HDB resale prices up 1.5% in Q3 2020
With many buyers flocking back to the market following the end of the circuit breaker, resale volume surged 127.3% to 7,787 units in Q3 2020 from 3,426 units in Q2 2020.
Continue Reading • 23 Oct 2020