Singapore Property Market News

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Braddell View relaunched at the same price

Singapore’s largest private residential site – Braddell View – has been relaunched for collective sale, with the price unchanged at $2.08 billion, revealed marketing agent Colliers International.

Continue Reading13 Aug 2019

Developers offer fatter commissions for less ideal units

In a bid to move harder to sell units, such as those with less attractive facing or ground-floor units, some developers incentivise property agents by offering higher commissions.

Continue Reading13 Aug 2019

Parc Clematis to open for preview next Saturday

Parc Clematis, SingHaiyi Group’s 1,468-unit residential project in Clementi, is set to open for public preview on 17 August (Saturday), with bookings starting on 31 August.

Continue Reading8 Aug 2019

CPF rule changes likely sparked demand for older HDB flats

The government’s policy updates on Central Provident Fund (CPF) usage and Housing and Development Board (HDB) housing loans may have given the HDB resale market a new lease of life.

Continue Reading7 Aug 2019

Ultra-rich foreigners turn to Singapore luxury homes

Luxury residential brokerage firm Sotheby’s International expects foreign ultra-high-net-worth (UHNW) investors to drive sales activity within Singapore’s luxury residential segment.

Continue Reading7 Aug 2019

Agent Packages & Ad Credits Update - Effective 1 Sep, 2019

As Singapore’s #1 property portal with 70%* market share, part of PropertyGuru’s commitment is to continuously deliver quality results and offer increased value to our partner agents...

Continue Reading6 Aug 2019

Flat owners responsible for repair services of their homes

Owners of HDB flats are responsible for the maintenance and repair of the fixtures and fittings within their units, MND said in Parliament on Monday (5 August).

Continue Reading6 Aug 2019

Singapore Prime Residential Properties Still Among The World’s Most Expensive

Singapore remained in the world’s top ten most expensive market for prime residential property, even as prices here fell 1.1 percent during the first half of 2019, revealed a Savills report.

Continue Reading6 Aug 2019

An Update For PropertyGuru's Agent Community (Effective 1st September 2019)

Dear Partner,Voted by property seekers as “Singapore’s Most Influential Brand for Online Property Search” (Source: Influential Brands), PropertyGuru remains the No.1 property portal with over 70% of engagement market share (Source: SimilarWeb). Every month, we connect you to over 5.5million...

Continue Reading6 Aug 2019

Belmont Road GCB relaunched at lower price

After failing to sell at an auction, a Good Class Bungalow (GCB) at 80 Belmont Road has been re-launched for sale through private treaty, with the guide price lowered to $40.8 million.

Continue Reading5 Aug 2019

Auction Listings By Owners Up In Q2 2019

The number of auction listings in Singapore increased 10.5 percent quarter-on-quarter to 400 listings in the second quarter of 2019, revealed a Knight Frank report.

Continue Reading5 Aug 2019

Singapore River Bridges, The Padang To Be Gazetted As National Monuments

The National Heritage Board (NHB) intends to gazette the Singapore River Bridges and the Padang as national monuments.

Continue Reading5 Aug 2019

18,000 households to receive free Ikea recycling bins

About 18,000 households in new Housing Board (HDB) precincts such as MacPherson, Sembawang and Bidadari can look forward to recycling, with the new IKEA recycling bins offered to them.

Continue Reading2 Aug 2019

Heeton-led consortium buys out Aussie partner

Three Singapore-listed developers – Heeton Holdings, Lian Beng Group and KSH Holdings – have consolidated their interest in a freehold land parcel in Brisbane, Australia.

Continue Reading1 Aug 2019

More parents buying homes through their children to avoid ABSD

While data is limited, property agents said they observed a noticeable increase in apartments being purchased by rich families for their children since the cooling measures came into effect in July 2018.

Continue Reading31 Jul 2019

Real estate investment sales up 56% in Q2

After three straight quarters of declines, real estate investment sales in Singapore registered its first quarter-on-quarter increase in the second quarter of 2019, revealed a Colliers International report.

Continue Reading31 Jul 2019

Is this the most expensive property transaction in Singapore ever?

A sprawling Good Class Bungalow (GCB) at 33 Nassim Road has been sold for $230 million, marking a new record in absolute price terms.

Continue Reading31 Jul 2019

Singapore’s recovering housing market a boon for DBS

DBS cited mortgage lending as a bright spot in their recently released second-quarter earnings as the b Mortgage-loan applications rose 60 per cent from the first three months of 2019. This is due to the resurging housing market.

Continue Reading30 Jul 2019

999-year apartment site at Waterloo Street up for collective sale

Min Yuan at Waterloo Street has been put up for a collective sale of $145 million and could be redeveloped into a hotel building.

Continue Reading30 Jul 2019

Watten Estate Condominium up for en bloc sale for $536m

The site could be redeveloped into 242 modern resort houses.

Continue Reading30 Jul 2019