Singapore Property Market News

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Significant subsidies already in place for first-timer flat applicants

The Ministry of National Development noted that first-time homebuyers also enjoy priority when they apply for new flats near their parents. Many options are also available for first-timers who opt for resale flats close to their parents.

Continue Reading4 Sept 2019

LBS available for flat owners with outstanding mortgage loan of over $5,000

Flat owners with outstanding mortgage loans of more than $5,000 can now take up the LBS “as long as the proceeds from the lease sale are sufficient to fully discharge the loan.

Continue Reading4 Sept 2019

PLQ Mall now open for preview

PLQ Mall is part of the $3.6 billion integrated development Paya Lebar Quarter (PLQ), which also include three Grade A office towers and a residential component, Park Place Residences.

Continue Reading3 Sept 2019

URA detected 800 occupancy cap infringements since 2017

Meanwhile, the Ministry of National Development also revealed that the URA has investigated an average of around 600 suspected cases of illegal short-term accommodation per year in the last five years.

Continue Reading3 Sept 2019

About 5,190 first-timer families unsuccessful in their BTO applications

The Ministry of National Development (MND) revealed that about 990 and 4,200 first-timer families were unsuccessful in their application for a flat in August and November 2018 BTO exercises.

Continue Reading3 Sept 2019

324 Parc Clematis units sold on launch day

The developer revealed that 48 percent of the units sold were one-bedroom and various dual-key bedroom units.

Continue Reading2 Sept 2019

Over 4,500 Flocked To Avenue South Residence Preview

The first 300 units are being offered by the developers from $858,000 for the one-bedders to $1.15 million for the two-bedders. In fact, half of the units at Avenue South Residence will be offered at below $1.5 million.

Continue Reading2 Sept 2019

An Attractively-Priced Factory In The Mature Pandan Food Zone

Starting at $6XX psf, units at CT FoodChain present an attractive value proposition for both business owners and retail investors seeking to diversify their portfolio beyond residential properties.

Continue Reading2 Sept 2019

Punggol BTO projects showcase town’s history

Comprising 2,724 units, Punggol Point Crown and the second phase of Punggol Point Cove are slated for completion in 2024. The Housing and Development Board has said that the two projects will be launched for sale this month.

Continue Reading2 Sept 2019

91% of Luxus Hills sold on preview

All 32 homes offered for sale during the first day of preview on 30 August (Friday) were immediately snapped up by buyers, forcing the developer to release the remaining 46 units for sale. Unit prices ranged from $3.058 million to $4.2 million.

Continue Reading2 Sept 2019

Get The Guru View: PropertyGuru Property Index Q2 2019

Following the first-year anniversary of the property cooling measures, it appears that many developers are showing eagerness in launching their projects despite initial waning demand in the preceding quarters.

Continue Reading30 Aug 2019

Singapore listed second safest city in the world

The ranking means Singapore received perfect scores for their continuity management plans, institutional capacity, disaster-risk informed development and pedestrian friendliness.

Continue Reading30 Aug 2019

Jalan Bunga Rampai residential site launched for tender

With an area of 4,666.6 sq m, the confirmed list site has a maximum gross floor area of 9,800 sq m and a lease period of 99 years.

Continue Reading30 Aug 2019

Freehold condominium at Nassim Road up for en bloc sale

The four-storey condominium was completed in 2008, featuring two- and three-bedroom units as well as penthouses that range from 115 sq m to 343 sq m.

Continue Reading29 Aug 2019

City Towers collective sale finally completed for $401.9 million

Located in prime District 10 near the Stevens and Newton MRT stations, the 17-storey development sits on a 104,531 sq ft site, with a proposed gross floor area of around 219,516 sq ft.

Continue Reading29 Aug 2019

Avenue South Residence to preview on Friday, with units priced from $858,000

Avenue South Residence offers one- to four-bedroom units ranging between 474 sq ft and 1,668 sq ft. The development will also feature close to 10,000 sq ft of commercial facilities, which include F&B outlets and a childcare centre.

Continue Reading29 Aug 2019

Luxus Hills To Offer Limited Collection Of 999-year Landed Homes

Bukit Sembawang Estates Limited will preview Luxus Hills, a limited collection of 999-year leasehold landed homes on 30 August.The 78-unit development comprises 58 intermediate terraces, 10 corner terraces and 10 semi-detached homes. Plot areas range between 150 sq m and 274 sq m, while built-up...

Continue Reading28 Aug 2019

Hong Kong Buyers Prefer Homes In Malaysia And Taiwan Over Singapore

As investors from protest-hit Hong Kong seek out new places to call home, it would appear that many have shunned Singapore due to its higher property prices.

Continue Reading28 Aug 2019

Foreigners comprise 23% of month-to-date private condo buyers

However, Singaporean buyers accounted for 80 percent of the incremental transactions – which is on the higher side of historical trend.

Continue Reading28 Aug 2019

Core Collective opens family-friendly fitness, wellness hub

A family-friendly community and lifestyle space, Core Collective Dempsey spans over 12,000 sq ft of premium indoor space and 130,000 sq ft of green outdoor space.

Continue Reading28 Aug 2019