Singapore Property Market News

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Certain government service counters (including HDB Hub) to reopen from 2 June

Selected government service centres are set to resume operations from 2 June but by appointment only.

Continue Reading26 May 2020

Singapore among favourite destinations for Chinese property buyers

To guard their wealth against the weakening yuan and the anticipated inflation, wealthy Chinese investors are turning to luxury real estate, with Singapore as one of their favourite destinations.

Continue Reading26 May 2020

Man who posted “After a long day... we are having an illegal gathering, so what? Enjoy the food to the max.” fined $4,500 for illegal gathering

He was fined $4,500 for attending a social gathering just a day after the circuit breaker measures took effect and posting the event on social media.

Continue Reading22 May 2020

Bathroom ceiling in HDB home falls on boy, injuring him

HDB reminded the public to carry out repairs early once they notice signs of spalling concrete to prevent it from deteriorating further or affect a bigger area. Photo: Syasha DanialAlissa/facebookThe Housing and Development Board (HDB) has reminded residents to take early action once they detect...

Continue Reading22 May 2020

Show galleries to remain closed even after 1 June

Show galleries that were set up by property developers to market and sell properties “shall remain closed until further notice. Property developers in Singapore may have to wait a little longer before they can reopen their show galleries to market their properties.This comes after the Urban...

Continue Reading22 May 2020

DPM Heng to announce fourth round of measure to help people, businesses on 26 May

According to the release, the statement would set out the plans of the government to “help businesses and individuals adapt and build resilience, in our continuing fight against the Covid-19 pandemic”. Photo: facebook.com/hengsweekeat

Continue Reading20 May 2020

Guocoland obtains $730mil green loan for Tan Quee Lan Street mixed-development project

The new mixed-development project at Tan Quee Lan Street will be situated right above the Bugis MRT interchange station.

Continue Reading20 May 2020

Homeowners still expect delays in renovation works even after circuit breaker

Despite the government's announcement that renovations works can resume after 1 June, Siti Nurlina Yunus does not expect works at her Buangkok flat to be carried out on full speed.Renovation work at her new HDB flat, which started in early March, was put on hold when the circuit breaker kicked in...

Continue Reading19 May 2020

Construction works for some projects may be allowed to resume after circuit breaker

Construction works for critical and time-sensitive projects will be allowed to resume when the circuit breaker ends on 1 June, as long as the contractors meet the COVID-19 safety measures.

Continue Reading18 May 2020

New private home sales drop 58% in April

Developers sold 277 new private homes in April, down 58% from the 660 units shifted in March.

Continue Reading18 May 2020

Home Of All COVID-19 Relief Initiative Efforts for Agent Partners

In continuation of our efforts to stand united with you and give as much support as possible, we’ve launched a dedicated one-stop Resource Guide that’s home to all the COVID-19 Relief Initiative resources prepared for agent partners, like yourself.  Let’s take a quick tour of what you can expect...

Continue Reading15 May 2020

COVID-19 (temporary measures) act extends to buyers who buy from developers

The COVID-19 (Temporary Measures) Act has been extended to cover lease of residential properties, option to purchase (OTP) agreements as well as sale and purchase agreements (S&PA).

Continue Reading14 May 2020

Private residential transactions continued to push on during circuit breaker

There were 286 caveats lodged from 7 April to 30 April, according to Knight Frank Singapore.

Continue Reading14 May 2020

3 Online Marketing Tools for Property Agents

COVID-19 has brought new realities to our lives, that just a few months ago, seemed unimaginable. Stay-at-home orders are keeping many people close to home, and social distancing is now widely accepted as the new norm.  In the midst of this, we are also discovering new ways to get things done...

Continue Reading13 May 2020

Project Focus: Parc Clematis by Sing-Haiyi Gold Pte Ltd(A Subsidiary of SingHaiyi Group Ltd)

Parc Clematis has a diversity of units on offer ranging from apartments to landed homes. The development is divided into four design series: Contemporary, Elegance, Signature and Masterpiece.

Continue Reading13 May 2020

Rooftop farming to be allowed at nine HDB car parks

In a joint release, SFA and HDB noted that the sites for rent will be used to farm vegetables and other food crops as well as for other activities such as packing and storing produce.

Continue Reading13 May 2020

Some Singapore expats seek rent cuts

Singapore expats are asking for lower rents as they face the prospect of salary cuts amid slower businesses due to the Covid-19 pandemic.Clarence Foo, a real estate agent with APAC Realty unit ERA, revealed that he has encountered seven such cases in the past month – the most number of requests...

Continue Reading11 May 2020

Government unveils temporary relief measures for property developers, individuals

Singaporean married couples will now have a year instead of six months to sell their first property in order to get the ABSD remission for their second property.

Continue Reading8 May 2020

Project Focus: The Gazania by SingHaiyi Huajiang Sun Pte Ltd (A subsidiary of SingHaiyi Group Ltd)

The landscape architecture of The Gazania is designed with sensitive consideration for the residents, a flower-themed development with floral shaped playground, revitalising spa pools, and flower gazebos.

Continue Reading8 May 2020

Auction success rate drops despite hike in mortgagee sale listings

Singapore saw total auction listings decline 31.1% year-on-year to 235 in the first quarter of 2020, revealed an Edmund Tie report.

Continue Reading8 May 2020