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

October 2023 BTO Launch Details, Upcoming December 2023 BTO Launch Information, HFE Letter Delays, and More

Singapore saw private home prices marginally increase by 0.5% in Q3 2023, following a 0.2% decline in Q2 2023. Meanwhile, HDB resale flat prices rose 1.2% in Q3 2023, marking its 14th consecutive quarterly increase.

Continue Reading10 Oct 2023

Around 1,900 Choa Chu Kang October 2023 BTO Flats to be Launched, An Altura EC Unit Sets New Price Record of $1,585 PSF, and More

Altura, an EC, has sold a 980 sq ft unit for $1.55 million, which works out to a record price for an EC. Meanwhile, HDB will launch around 1,900 BTO flats across two projects in Choa Chu Kang in the upcoming October 2023 BTO launch.

Continue Reading2 Oct 2023

Bukit Panjang Sees First Million-dollar HDB Resale Flat, Many Singaporeans Support Longer MOP, and More

Bukit Panjang recently recorded its first million-dollar HDB resale flat transaction. Meanwhile, Minister of National Development Mr Desmond Lee weighs in on the HDB flat reclassifications, announced during the National Day Rally 2023 speech.

Continue Reading25 Sep 2023

Altura EC Sold 88% of its Units After Second-timer Balloting, New Private Home Sales Plunge 72.1% in August 2023, and More

Altura, an EC saw 95 units snapped up during its second-timer balloting event, bringing its overall take-up rate to 88%. Meanwhile, new private home sales, excluding ECs, fell 72.1% to 394 units month-on-month (MoM) in August 2023.

Continue Reading18 Sep 2023

Are Fewer HDB Owners Chasing Condo Dream, Record Monthly Number of Million-dollar HDB Transactions in August 2023, and More

Some property analysts say that HDB upgraders are decreasingly buying condos. Meanwhile. a record monthly number of million-dollar HDB flat transactions was observed in August 2023.

Continue Reading11 Sep 2023

HDB Plus Flat Owner Rental Restrictions, First-timer Families Will Enjoy Priority for Standard BTO Flats, and More

The HDB Plus flat model will come with income ceiling and rental restrictions. Meanwhile, SLA and URA have launched a tender to transform the former Bukit Timah Fire Station into a community hub.

Continue Reading28 Aug 2023

TMW Maxwell, Orchard Sophia, and The Arden Preview Over the Weekend, August BTO 2023 Launch Postponed to September 2023, and More

TMW Maxwell, Orchard Sophia, and The Arden previewed over the weekend. Meanwhile, HDB has pushed back the August BTO 2023 launch to end-September 2023.

Continue Reading31 Jul 2023

The LakeGarden Residences and Altura Open For Preview, May 2023 BTO and SBF Results Delayed till August 2023, and More

The LakeGarden Residences opened for preview with prices starting at just below $2,000 PSF. Meanwhile, Altura Executive Condominium (EC) opened for preview on 22 July 2023, with sales bookings set to start on 5 August 2023.

Continue Reading24 Jul 2023

Grand Dunman and Pinetree Hill Sell Over 50% and 38% of Units Over Launch Weekends, Respectively, Six Upcoming BTO Projects in Mount Pleasant, and More

Grand Dunman sold 550 of its 1,008 units during its launch over the weekend at an average price of $2,500 PSF. Meanwhile, Pinetree Hill moved nearly 150 of its 400 units during its launch at an average price of $2,460 PSF.

Continue Reading17 Jul 2023

Black and White Houses May See Longer Leases, Lentor Hills Residences and The Myst Launch Over the Weekend, and More

Lentor Hills Residences sold 298 units or about 50% of its 598 units at an average price of $2,080 PSF over its launch weekend. Meanwhile, The Myst sold 27% of its 408 units at an average price of $2,057 PSF during its launch over the weekend.

Continue Reading10 Jul 2023

Condo Buyer Suffered $30,000 Loss for Backing Out of Blossoms By The Park Deal, HDB Wants to Rezone 6 Sites, and More

1,038 private homes were sold in May 2023, marking its fifth consecutive month-on-month (MoM) increase. Meanwhile, HDB eyes doubling the supply of HDB flats under the Parenthood Provisional Housing Scheme (PPHS) to 4,000 in the next two years.

Continue Reading19 Jun 2023

Serangoon May 2023 BTO Flats Snatched Up, Grange 1866 to Preview on 17 June 2023, and More

May 2023 BTO launch saw robust demand for Serangoon North Vista and Bedok South Blossoms. Meanwhile, freehold residential condo Grange 1866 will open for preview on 17 June 2023, with prices for homes starting from $1.577 million.

Continue Reading12 Jun 2023