Property cooling measures achieved stabilisation goals, Wong
The property cooling measures helped stabilise the property cycle, according to the Minister for National Development.
Continue Reading • 31 May 2019
Good class bungalows fetch record prices amid market slowdown
There are about 2,500 GCBs in Singapore, which can only be purchased by locals and range from colonial era homes to modern properties...
Continue Reading • 18 Feb 2019
Property wishlist for Budget 2019
Some experts are hoping that the latest round of cooling measures introduced in July will be eased...
Continue Reading • 15 Feb 2019
Pine Tree condominium goes en bloc with $148mil tag
Pine Tree Condominium located at the peak of Balmoral Park has joined the en bloc fray carrying a reserve price of $148 million
Continue Reading • 20 Jul 2018
New cooling measures to impact banks’ mortgage business, says DBS
Singapore’s mortgage market is expected to soften in the long term due to the new cooling measures in the private residential market
Continue Reading • 20 Jul 2018
New property curbs to erode market confidence, says REDAS
The new property curbs are a “big setback” for Singapore’s property sector, according to the Real Estate Developers' Association of Singapore (REDAS)
Continue Reading • 18 Jul 2018
New curbs signal end of quick profit-making from property
A senior property analyst believes the days of making quick money from property has come to an end with the release by the government of its latest round of property cooling measures
Continue Reading • 18 Jul 2018
Private home sales down 41.7% in June
Developers sold 654 private homes (excluding executive condominiums) in June, down 41.7 percent from the 1,122 units sold in May and 20.2 percent lower over the same period last year
Continue Reading • 17 Jul 2018
Around 1,000 private condos snapped up due to fear of missing out
Home buyers in Singapore rushed to acquire private residential properties hours before the latest property cooling measures took effect on Thursday night (5 July)
Continue Reading • 16 Jul 2018
Analysts expect developers to make pricing adjustments
Based on their response on the government’s new property cooling measures, developers are expected to cut prices of new launches by up to 10 percent
Continue Reading • 16 Jul 2018
Developers not to cut prices massively, but will be more “flexible”
Despite the government’s introduction of new property cooling measures, developers have no plan of slashing home prices massively
Continue Reading • 13 Jul 2018
Market barely had time to respond to new cooling measures
The Singapore government departed from its recent practice of announcing sensitive information on Fridays when it introduced its latest round of cooling measures on 5 July, which is a Thursday
Continue Reading • 13 Jul 2018
People to buy HDB resale flats instead due to new curbs
Experts revealed that the government’s surprise implementation of new cooling measures on the private residential market last week is expected to prompt some people to buy HDB resale flats instead.
Continue Reading • 10 Jul 2018
No rationale for new property cooling measures, says REDAS
The Real Estate Developers' Association of Singapore (REDAS) sees no rationale in imposing new property cooling measures
Continue Reading • 9 Jul 2018
Fate of en bloc bids now uncertain with new housing curbs
The government’s surprise release of new property cooling measures has left many homeowners jittery, especially those planning to go en bloc
Continue Reading • 9 Jul 2018
New home sales to drop 15-20% in 2018
The government’s latest property curbs that took effect on Friday (6 July) is expected to reduce new private home sales by 15 percent to 20 percent year-on-year for the whole of 2018
Continue Reading • 9 Jul 2018
Cooling measures a “retardant” to property market’s recovery
With the property market expected to finally make its long-awaited recovery, some analysts see the government’s cooling measures...
Continue Reading • 4 Jan 2018
2017 in review: Easing of cooling measures, agency mergers and en bloc fever
2017 has no doubt been an eventful year for the local real estate scene. At a glance, it’s clear that the market is on its way to a swift recovery over various areas...
Continue Reading • 23 Nov 2017
Housing market rebound fuelled by local demand
Local buyers have been driving Singapore’s resurging residential property market, accounting for 77.6 percent of private home buyers during the first seven months of 2017...
Continue Reading • 30 Aug 2017
Foreign demand muted due to strict stamp duty, strong Sing dollar
With the Additional Buyer's Stamp Duty (ABSD) and strengthening Singapore dollar, foreign demand for homes in Singapore remained muted...
Continue Reading • 30 Aug 2017