Government ramps up confirmed private housing supply for 2H 2022, Paya Lebar Air Base site to be transformed into heritage district and more

Government ramps up confirmed private housing supply for 2H 2022, Paya Lebar Air Base site to be transformed into heritage district and more. Here are the news highlights for what happened in the Singapore property market from 7 June to 13 June 2022.

Continue Reading14 Jun 2022

Government urged to make launches of prime location flats less frequent, Pine Grove GLS site attracts five bids, Dunman Road site gets two and more

Government urged to launch PLH flats less frequently, Pine Grove GLS site attracts five bids, Dunman Road site gets two and more. Here are the news highlights for what happened in the Singapore property market from 31 May to 6 June 2022.

Continue Reading6 Jun 2022

New Private Home Sales Slump to Lowest Since May 2020, Strata Subdivision of Commercial Properties No Longer Allowed in Central Areas and More

New private home sales at lowest since May 2020, strata subdivision of commercial properties no longer allowed in Central areas, and more. Here are the news highlights for what happened in the Singapore property market from 15 March to 21 March 2022.

Continue Reading22 Mar 2022

Singapore rents hit a six-year high, fuel expat housing woes

URA data revealed that the rental price index has increased to 111.3 in Q3 2021, its highest since Q1 2015; private property which cost $2,500 and $4,000 in monthly rental fees see high demand.

Continue Reading29 Dec 2021

Authorities unveil new bonus GFA incentive scheme

Developers can get up to 3% bonus GFA beyond the existing Master Plan Gross Plot Ratio by fulfilling certain productivity, digitalisation and sustainability standards.

Continue Reading29 Nov 2021

Lim Bee Huat’s daughter acquires Lornie Road bungalow for $26.8mil

Lim Bee Huat's daughter is purchasing the 10,529 sq ft freehold property along Lornie Road for $26.9 million. Lim Bee Huat is the founder of the Kopitiam Group.

Continue Reading15 Oct 2021

Flash estimates show private home and HDB resale prices expected to rise in Q3

Prices for private residential properties and Housing and Development Board (HDB) resale flats are expected to increase in the third quarter of 2021, according to flash estimates.  In Q3 2021, private residential prices are expected to increase by 0.9%, a slight improvement from the 0.8% hike...

Continue Reading1 Oct 2021

Three residential sites at Lentor Hills Road, Jalan Tembusu released for sale

Three residential sites located at Lentor Hills Road (Parcels A and B) and Jalan Tembusu have been released for sale under the second half 2021 Government Land Sales (GLS) programme.

Continue Reading1 Oct 2021

HDB late payment charges suspended further until 31 December

To help “ease the burden” of those who continue to face challenges due to the COVID-19 pandemic, HDB will extend the suspension of late payment charges on mortgage and public rental arrears by another three months until 31 December this year.

Continue Reading1 Oct 2021

Rare 999-year leasehold Hillview Terrace site for sale, $106mil indicative price

A 999-year leasehold residential redevelopment site at 32-38D Hillview Terrace is jointly put up for sale by their owners with an indicative price of $106 million, revealed marketing agent Colliers International.

Continue Reading30 Sep 2021

Luxury home sales in central region reach 10-year high in Q2 2021

Singapore’s upscale central region saw luxury home sales hit a 10-year high during the second quarter, reported TODAY citing an OrangeTee report.

Continue Reading29 Sep 2021

El Development and Gao Xiu Hua submit top bids for Slim Barracks Rise GLS sites

Two residential sites at Slim Barracks Rise received robust interest during the close of their tender, with each site attracting 10 bids, revealed the Urban Redevelopment Authority (URA) on Tuesday (28 September).

Continue Reading29 Sep 2021

Singapore housing affordability to slightly worsen amid price hikes

Despite increasing property prices, housing affordability in Singapore is likely to remain sound.

Continue Reading26 Aug 2021

CapitaLand, CDL to launch CanningHill Piers in Q4 2021

CanningHill Piers is a 696-unit development set to launch in Q4 2021, offering units that range from 410 sq ft to 8,950 sq ft.

Continue Reading20 Aug 2021

COVID-19 antigen rapid testing to be mandatory for construction sector

COVID-19 antigen rapid testing will be made compulsory for all those working in the construction sector, including non-dormitory workers and visitors.

Continue Reading10 Aug 2021

Sales in prime non-landed, landed homes market up in H1 2021

In the first half of 2021, 245 non-landed residential units sold for a total of $2 billion, while 403 landed homes above $5 million were sold for a total of about $4.3 billion.

Continue Reading3 Aug 2021

Property investment deals surged 127.3% in Q2, may hit $30bil by end-2021

Property investment deals increased 127.3% year-on-year to $5 billion in Q2 2021.

Continue Reading15 Jul 2021

Authorities ‘highly vigilant’ of property prices hikes, but says market not overheated

The MAS, MND, URA are keeping close tabs on property price hikes, and will intervene before the market overheats.

Continue Reading1 Jul 2021

New private home sales down 2.6% in April

New private homes in the Rest of Central Region (RCR) accounted for the bulk of sales last month at 40.2% of the 1,262 units in April 2021.

Continue Reading18 May 2021

More execs cite cooling measures as biggest risk facing property market

Of the 50 real estate executives surveyed in March, 87.8% believe the possibility of property cooling measures is the biggest risk the property market faces in the next six months.

Continue Reading7 May 2021