URA

News, Resource and information of URA for Singapore property market by PropertyGuru.com.sg, Singapore’s leading property site.

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

Eco-friendly Home Features Singapore Homebuyers Shouldn't Ignore

A sustainably built home incentivises homeowners with cost savings and environmental benefits, compelling homebuyers to look for qualities like green certifications and eco-friendly features to align their investment with sustainability.

Continue Reading21 Feb 2024

The Arcady and Hillhaven Sell 51 and 59 of their Units Over Launch Weekend, Fewer HDB Resale Flat Buyers Paid COV in 2023, Respectively, and More

16 to 22 January 2024 Hillhaven and The Arcady at Boon Keng sold over 50 units during their launch over the weekend. Meanwhile, fewer buyers of resale HDB flats paid cash over valuation (COV) last year, at only 15% over the last three months of 2023.   1. Hillhaven sells 59 units over its...

Continue Reading23 Jan 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

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

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

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

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 Sept 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 Sept 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