Higher demand for BTO flats due to hike in marriages, more people choosing to have own flat

The overall number of BTO flat applications in 2020 was 87,800, up from 38,500 in 2018 and 51,400 in 2019.

Continue Reading22 Nov 2021

CanningHill Piers sells 77% of its units over launch weekend

538 out of 696 CanningHill Piers units were sold over its launch weekend on 20 to 21 Nov 2021, including its $48 million penthouse.

Continue Reading22 Nov 2021

Analysts divided on whether 6% subsidy clawback for Rochor flats is adequate

When River Peaks I & II flats go onto the resale market for the first time, future residents of the Nov 2021 BTO launch will have to pay a 6% of the resale price or the unit’s valuation, whichever is higher.

Continue Reading22 Nov 2021

Yong An Park unit registers $8.7mil gain

The 6,577 sq ft Yong An Park unit, which sold for $12.5 million, is currently the most profitable resale transaction recorded, with an $8.7 million gain.

Continue Reading17 Nov 2021

Singapore private home sales increase 9% in October

In October 2021, new private home sales in Singapore (excluding ECs) increased to 909 units, up from 834 units in September.

Continue Reading17 Nov 2021

HDB upgraders on a condo buying spree

In the first nine months of 2021, 7,169 buyers with HDB addresses purchased new and resale private homes, a 21% increase from the same period last year.

Continue Reading15 Nov 2021

ERA Singapore to donate $231,000 to Hong Kah North Environmental Sustainability Fund

As part of their series of Environmental, Social, and Governance (ESG) efforts, ERA Singapore will donate $231,000 to Hong Kah North Environmental Sustainability Fund.

Continue Reading12 Nov 2021

Sixth Avenue Centre up for collective sale for $85mil

Located at 805 Bukit Timah Road, Sixth Avenue Centre sits on a 15,009 sq ft land plot.

Continue Reading12 Nov 2021

Homebuying demand to remain buoyant

In Q3 2021, overall transaction volume increased by 7.5% from the previous quarter to 9,083 units; this is a 28.9% year-on-year growth.

Continue Reading12 Nov 2021

Cairnhill 16 to open for preview on Saturday

Cairnhill 16 will launch on 27 November 2021, with unit sizes ranging from 775 sq ft to 1,744 sq ft on sale.

Continue Reading12 Nov 2021

The Assembly Place raises $5.55mil in seed funding round

Co-living tech start up The Assembly Place currently has over 300 rooms in Singapore, with another 200 rooms in the pipeline.

Continue Reading10 Nov 2021

Thomson View up for en bloc sale for $950mil

Thomson View Condominium is a 50,197 sq m site with a reserve price of $950 million.

Continue Reading10 Nov 2021

Singapore tax revenue up, amid higher stamp duties, corporate and personal income tax collected

$39.43 billion was collected in tax revenue for April to September 2021, up from $23.72 billion collected in the same period in FY20.

Continue Reading8 Nov 2021

CanningHill Piers opens for preview, units priced from $1.16mil

CanningHill Piers is a 696-unit project located between the Singapore River and Fort Canning Hill. The sales gallery opens today (5 November), and bookings begin on 20 November.

Continue Reading5 Nov 2021

Winning entries in competition for ideas to revamp Changi Point revealed

Winning proposals to enhance Changi Point include turning Old Changi Hospital into a stargazing spot.

Continue Reading5 Nov 2021

Incomes have kept pace with prices of new HDB units, resale flats

HDB subsidies for new and resale flats keep public housing affordable; among resale flat buyers who have taken up an HDB loan, the mortgage servicing ratio has remained stable at 23%.

Continue Reading3 Nov 2021

Bishan resale flat smashes record, sold for $1.36mil

The five-room Natura Loft unit sold for $1.36 million, setting a new record for the most expensive HDB flat ever sold.

Continue Reading3 Nov 2021

Mainstreaming HDB rental may reshape social norms, weaken communities

Current policies are geared towards enabling home ownership; Senior Minister of State for National Development Sim Ann said extending public housing rentals to the mainstream populace will not be embarked on “without deep consideration”.

Continue Reading3 Nov 2021

Construction firms urged to move decisively away from labour intensive construction methods

Extending permits and making it easier to obtain skills certification are two ways the Singapore government have tried to alleviate the manpower crunch.

Continue Reading3 Nov 2021

18 HDB neighbourhood renewal projects delayed by over six months

Out of 32 projects, 18 HDB neighbourhood renewal projects are either fully or partially delayed by a period of over six months.

Continue Reading3 Nov 2021