Cooling Measures

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

Novice property agents most affected by weak sales

The ongoing sales drought for Singapore properties has caused some new real estate agents to drop out of the industry.

Continue Reading27 Jan 2015

Sales of repossessed units could rise by 33%

The numbers of borrowers who have defaulted their housing loans for Singapore properties are growing amidst falling residential prices and a weak rental market stemming from the government's curbs.

Continue Reading27 Jan 2015

Developers to launch fewer properties in 2015: report

Singapore will see fewer new property launches this year as property developers focus on moving unsold Singapore properties on the back of looming flat glut.

Continue Reading20 Jan 2015

Budget Statement to be delivered on 23 Feb

Deputy Prime Minister and Minister for Finance, Tharman Shanmugaratnam, will deliver the 2015 Budget statement in Parliament on 23 February 2015.

Continue Reading8 Jan 2015

Top 8 property news stories in 2014

A look back at the most popular stories on PropertyGuru in 2014...

Continue Reading30 Dec 2014

Property outlook for 2015

The private residential sector in Singapore will be interesting to watch in 2015, according to some analysts.

Continue Reading19 Dec 2014

Shoebox units surfacing in auctions

Nine shoebox units at various locations such as Geylang, Woodlands, and Haig Road were put up for mortgagee sale in 2014.

Continue Reading18 Dec 2014

Fairly quiet December expected: analysts

Buying activity is likely to quieten down in December as it is usually a traditionally lull period for property sales, and developers are likely to hold back new launches.

Continue Reading17 Dec 2014

529 properties up for auction in 2014

A total of 529 properties were put up for sale in the property auction market in 2014,and 30.1 percent of those were put up by mortgagees.

Continue Reading16 Dec 2014

Cooling measures to stay until prices fall to 2008 level: HSR

Property prices will have to be affordable and match prices in 2008 before it would be reasonable to relax some of the current cooling measures.

Continue Reading3 Dec 2014

S’pore firms gobble up overseas properties

Singapore has emerged as the largest Asian buyer of overseas properties in the nine months to September 2014,...

Continue Reading1 Dec 2014

Private property prices remain high: MAS

Private property prices in Singapore have moderated but remain at an elevated level, according to Monetary Authority of Singapore (MAS)'s Financial Stability Review 2014.

Continue Reading28 Nov 2014

Landed segment feels the pinch of property curbs

The landed homes segment is bearing the brunt of the government's property cooling measures compared to the non-landed sector.

Continue Reading11 Nov 2014

"Meaningful correction" still unachieved: Tharman

The government is unlikely to relax property cooling measures any time soon, judging from Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam’s views that there is "some distance to go in achieving a meaningful correction."

Continue Reading30 Oct 2014

Chart of the day: Drop in foreign home buyers

The slew of property policies by the government to cool the red hot property market has chased many foreign buyers away...

Continue Reading11 Sept 2014

Home prices may drop 20% by 2016: report

Home prices in Singapore could fall by 20 percent between 2014 and 2016, according to a Bank of America Merrill Lynch (BOAML) report.

Continue Reading10 Sept 2014

Getting the measure of the cooling measures

A real estate seminar and networking event hosted by PropertyGuru...

Continue Reading2 Sept 2014

Oxley reports 74% profit drop in Q4

Homegrown developer Oxley Holdings posted a 74 percent plunge in net profit for the fourth quarter ended 30 June 2014 to $9.8 million compared to $38 million in Q4 2013. Group revenue in the period also fell 70 percent to $82.9 million from $277.3 million the year before. In a statement, Oxley...

Continue Reading22 Aug 2014

Sentosa Cove feels brunt of property cooling measures

Sales of non-landed homes in Sentosa have declined significantly in the last three years, as government measures such as the Additional Buyer’s Stamp Duty (ABSD) and the Total Debt Servicing Ratio (TDSR) framework continue to bite, said media reports. Based on URA data, only 10 non-landed homes...

Continue Reading21 Aug 2014

Slight rise in new private home sales

Sales of new private homes in Singapore, including executive condominiums (ECs), rose marginally month-on-month to 535 units. In June a total of 531 units were sold according to data published by the Urban Redevelopment Authority (URA). Excluding ECs, the number of transacted units last month was...

Continue Reading15 Aug 2014