PropertyGuru Files Annual Report on Form 20-F for 2023 Fiscal Year, 74% of Watten House Units Sold Since Launch, and More

PropertyGuru Group Limited, the leading property technology (proptech) company in Southeast Asia, announced that it has filed its annual report on Form 20-F for the fiscal year ended 31 December 2023 with the Securities and Exchange Commission (SEC).

Continue Reading26 Mar 2024

75% of Lentor Mansion Sold Over Launch Weekend, Majority of Renters Find Home Rents Unaffordable, and More

Lentor Mansion sold 400 units or 75% of its total units during its launch weekend. Meanwhile, a recent survey conducted by PropertyGuru revealed that a large majority of renters in Singapore, find current rental prices too high.

Continue Reading18 Mar 2024

Lentoria Sells 19% of Units Over Launch Weekend, Lentor Mansion Draws 5,000 Visitors During Preview, and More

Lentoria sells about 19% of its units over its launch weekend. Meanwhile, Lentor Mansion sees about 5,000 visitors during its preview weekend.

Continue Reading11 Mar 2024

About 6,830 HDB BTO June 2024 Flats to Launch, Landlord Slammed for "Morgue-like" Listing, and More

HDB will launch around 6,830 June 2024 BTO flats. Meanwhile, a Facebook listing for a small room in a Toa Payoh Central flat sparked online outrage, with netizens slamming the landlord for renting out the “morgue-like” room.

Continue Reading26 Feb 2024

HDB To Offer 962 Punggol BTO Flats in February Sales Exercise, Budget 2024: ABSD Refund for Single Singaporean Seniors and More

After more than four years, the Housing and Development Board (HDB) will launch the first Build-to-Order (BTO) project in Punggol – Matilda Riverside – in its February sales exercise. More news on Budget 2024.

Continue Reading19 Feb 2024

PropertyGuru Calls for Reduction of 15-Month Wait Period, Tweak ABSD, Property Tax Revenue To Increase $600 Million in 2024 and More

In its budget wish list 2024, PropertyGuru has urged the government to reduce the 15-month wait for private property downgraders and withhold the Additional Buyer’s Stamp Duty (ABSD) for Singaporean families.

Continue Reading13 Feb 2024

Lumina Grand EC and Hillhaven Preview Over the Weekend, RTS Link Singapore Achieves 65% Completion, and More

Lumina Grand EC and Hillhaven launched for preview over the weekend. In the meantime, the RTS Link Singapore has just surpassed 65% construction.

Continue Reading15 Jan 2024

HDB Reduces Four Yearly BTO Launches to Three, Government Says Housing Prices Will Not Rise Indefinitely, and More

HDB will reduce the number of BTO sales exercises it conducts per year, from four to three. Meanwhile, Minister Desmond Lee does not expect home prices to rise indefinitely, given signs of moderation in the public and private sectors.

Continue Reading8 Jan 2024

Private Home Prices Up 2.7% in Q4 2023, HDB Resale Prices Climb at a Slower Pace in Same Time Period, and More

Singapore saw prices of private homes increase by 2.7% in Q4 2023, showed URA Q4 2023 flash estimates. Meanwhile, prices of HDB resale flats increased by 1.0% in Q4 2023, marking its fifteenth consecutive quarterly growth.

Continue Reading2 Jan 2024

Rental Occupancy Limit Raised Bigger HDB Flats and Private Homes, Tuas Set for Reclamation Works From 2025, and More

The occupancy cap for bigger HDB flats and private homes will be temporarily raised from six to eight unrelated people. Meanwhile, PropertyGuru expects buyers to purchase houses for their use to drive private residential sales in 2024.

Continue Reading26 Dec 2023

NTU, NUS Students Continue to Sublet Hostel Rooms on Social Media, Heightened Interest for JB Properties, and More

The Woodlands and Bishan HDB BTO Dec 2023 projects saw the highest application rates. In the meantime, NTU and NUS students continue subletting their hostel rooms on WeChat and Carousell.

Continue Reading18 Dec 2023

The HDB BTO Dec 2023 Sales Exercise Has Launched, West Coast MRT Station Construction to Start in Q1 2024, and More

With SIBOR set to be discontinued by end-2024, around 30,000 homeowners with mortgages tied to SIBOR have already switched to alternative loan packages. Meanwhile, HDB launched 6,057 HDB BTO Dec 2023 flats across seven estates.

Continue Reading12 Dec 2023

Up to 100% Property Tax Hike in 2024, Updates on the HDB BTO Dec 2023 Launch, and More

In 2024, Singapore homeowners will be able to enjoy a property tax rebate of up to 100%. Meanwhile, Singapore is embarking on a "Long Island" project to integrate coastal protection with future reclamation along the East Coast.

Continue Reading4 Dec 2023

Siblings File Lawsuit Over Mother's Assets, Orchard Road Rents to Increase By Up to 6%, and More

The lease on the land occupied by Raffles Town Club will not be renewed after 17 October 2026. Meanwhile, residents of Dairy Farm Residences were upset that their monthly maintenance fees would be way higher than were advertised.

Continue Reading27 Nov 2023

Watten House Sells 57% of Units During Launch Weekend, Rainwater Leak Costs Condo Owner $60,000, and More

Watten House sells 57% of its units over its launch weekend. Meanwhile, a condo owner racks up $60,000 in bills after a rainwater pipe leak damages his home.

Continue Reading20 Nov 2023

J'den Sells 88% of Units Over Launch Weekend, Most Expensive HDB Flat Emerges in Toa Payoh, and More

J'den and Hillock Green launched over the weekend, selling 88% and 27% of their units, respectively. Meanwhile, a 5-room DBSS flat Toa Payoh sells for $1.65 million, making it the most expensive HDB resale flat transaction ever.

Continue Reading14 Nov 2023

Pearl's Hill BTO Flats May Launch as Prime Flats, HDB HFE Letter Validity Extended From 6 to 9 Months, and More

Property analysts expect the public housing to be constructed at Pearl’s Hill and potentially at Bukit Timah Turf City to be categorised as Prime flats, the priciest of public housing categories.

Continue Reading6 Nov 2023

HDB Resale Price Growth Slows, up 1.3% In Q3 2023, Private Home Prices Post Marginal Increase of 0.8% In Q3 2023 and More

Resale prices of HDB flats increased 1.3% in the third quarter of 2023, slowing from the 1.5% growth registered in the previous quarter. Meanwhile, private home prices in Singapore climbed by 0.8% in Q3 2023, reversing the 0.2% decline in Q2 2023.

Continue Reading30 Oct 2023

Record $1.45 million Bukit Merah 5-room HDB Flat, Some HDB Sellers Raise Prices In View of Upcoming Plus BTO Flats, and More

A $1.45 million Bukit Merah HDB resale flat breaks new record for most expensive 5-room flat in the area. Meanwhile, some HDB flat owners are hiking prices in view of the upcoming Plus BTO flats.

Continue Reading23 Oct 2023

Tampines EC Site Awarded to Sim Lian, HDB Awards Ceremony 2023, Low October 2023 BTO Application Rates, and More

BTO Oct 2023 application rates were low. In the meantime, some residents at Tengah are facing long walks through dusty construction sites due to low transport options in the area.

Continue Reading16 Oct 2023