Singapore Property Market News

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HDB launches 4,089 flats in September sales exercise

A total of 3,373 Build-To-Order (BTO) flats were launched in Punggol and Tampines, which were spread across three projects – Punggol Point Crown, Punggol Point Cove and Tampines GreenGlen.

Continue Reading12 Sept 2019

Construction work for 5 stations on Jurong Region Line to commence in 2020

The 24km line will feature 24 stations, including three interchange stations, providing direct connectivity between the western and north-western regions of Singapore.

Continue Reading11 Sept 2019

New Singapore Institute of Technology campus to rise in Punggol by 2023

It will be integrated with communities and industries in Singapore’s north-east region and will be the first university there.

Continue Reading11 Sept 2019

Enhanced housing grant to boost demand for HDB resale flats

The new housing grant, streamlines two existing grants and comes with a higher wage ceiling. It also removed restriction on the location and type of flats being purchased.

Continue Reading11 Sept 2019

Home buyers to enjoy higher income ceilings and enhanced housing grant

The income ceiling for executive condo buyers is raised from $14,000 to $16,000, while Singles aged 35 and above will also enjoy a higher income cap of $7,000, up from $6,000.

Continue Reading11 Sept 2019

9 good class bungalows sold for $211m in H1

16 Jervois Hill at Chatsworth Park emerged as the priciest GCB at $30.9 million, or at 2,032 per sq ft (psf).

Continue Reading10 Sept 2019

Mount Elizabeth Link service apartment block for sale

The 22-storey tower features 72 apartments with sizes ranging between 760 sq ft and 7,135 sq ft. The District 9 property is also close to several MRT stations and schools.

Continue Reading10 Sept 2019

New condo sales jumped 30.6% in Q2

While the number of new project launches more than doubled in Q2 to 16 from six in the previous quarter, the number of units from projects were significantly lower at around 2,700 units compared to the over 4,900 units from Q1.

Continue Reading10 Sept 2019

Earn 2 CPD Credit Hours (and enjoy discount!)

Need to earn 2 core CPD credit hours for the cycle ending 30 Sept 2019?As a property agent in Singapore, it’s part of your yearly requirement to achieve a minimum of 6 credit hours for each CPD cycle (with at least 3 from core subjects). However, as an agent, you’re constantly on-the-go and may...

Continue Reading9 Sept 2019

27 HDB projects win design, construction and engineering awards

These awards aim to recognise the industry partners of HDB for their contributions in developing quality and well-designed homes.

Continue Reading9 Sept 2019

Avenue South Residence sold more than 270 units on the first day of launch

Avenue South Residence attracted a very strong response during its launch, with around 90 percent of the 300 units released sold on the first day (7 September).

Continue Reading9 Sept 2019

GuocoLand optimistic about Singapore luxury property

Despite the grim economic outlook, GuocoLand remains confident about their latest project, Meyer Mansion. The 200-unit freehold condominium is inspired by the seafront mansions that once dotted the area.

Continue Reading6 Sept 2019

Ascott opens largest coliving property in Southeast Asia

lyf Funan Singapore offers 412 rooms across 279 apartments. It offers five interchangeable apartment types that range from 18 sq m to 105 sq m to accommodate singe, dual or group bookings.

Continue Reading6 Sept 2019

Fragrance Group acquires Min Yuan Apartments for $141m

Fragrance does not expect the acquisition, which will be funded by internal funds and borrowings, to materially affect the company’s earnings and net tangible assets for FY2019.

Continue Reading6 Sept 2019

One-north Gateway site attracts 9 bids, 2 other sites receive poor response

Head of research for Singapore at Colliers International attributed the poor response to concerns of increased competition that may arise from the CBD Incentive Scheme unveiled in the URA Draft Master Plan 2019.

Continue Reading6 Sept 2019

The Antares to open for preview with units priced from $789,000

Prices for the units start from $789,000 for a one-bedroom unit, $1.125 million for a two-bedroom unit, and $1.55 million for a three-bedroom flexi unit.

Continue Reading6 Sept 2019

D’Grove Villas up for collective sale again with lower asking price

Subject to the relevant authorities’ approval, the 45-unit development may be redeveloped into a 36-storey condominium with an allowable gross floor area of 141,120 sq ft inclusive of balconies.

Continue Reading5 Sept 2019

GuocoLand to preview Meyer Mansion this Saturday

The latest edition of GuocoLand’s collection of luxury residential properties in prime districts, Meyer Mansion follows the success of projects such as Leedon Residence, Goodwood Residence, Martin Modern and Wallich Residence.

Continue Reading5 Sept 2019

2019 growth forecast for Singapore’s economy slashed to 0.6%

The economists expects year-on-year growth to come in at 0.3 percent in the third quarter, citing escalating US-China trade tensions as well as further slowdown in China as top concerns.

Continue Reading5 Sept 2019

Land reclamation projects to be funded by past reserves

The arrangement is part of the Reserves Protection Framework agreed upon by the government and the President, whose constitutional duty is to protect the national reserves.

Continue Reading4 Sept 2019