Author: MyPropertyTime

Updated from : The Straits Times, 28 April 2023 SINGAPORE - The latest round of cooling measures was aimed at preventing property prices from being pushed up by investors and prioritising Singaporeans buying homes for owner-occupation, said National Development Minister Desmond Lee on Thursday. The Government imposed the latest round of increases in additional buyer’s stamp … Continue reading ABSD raised to pre-emptively dampen property investment demand: Desmond Lee

Updated from : The Straits Times, 25 April 2022 You are the chief executive who oversees investments at a family office. When your principal – the owner behind the family office – excitedly tells you that he wants to invest in his friend’s latest venture, what do you do? A) Immediately get cracking on the … Continue reading Finding the right people for the family office

Updated from : The Business Times, 25 April 2023 SINGAPORE – The number of mortgagee listings jumped in the first quarter of 2023, with more distress sales expected in the second half of the year as bankruptcy applications increase.  The number of bankruptcy applications rose 5.6 per cent quarter on quarter to 959 in the first … Continue reading Distressed property listings in S’pore jump in Q1 as bankruptcies rise

This marks the 26th straight month of growth for condo rents and the 32nd for HDB rents. PHOTO: ST FILE Updated from : The Straits Times, 30 March 2023 SINGAPORE – Rents for Housing Board (HDB) flats and condominium units continued to climb in February, even as fewer homes are being rented out, with some analysts … Continue reading Condo, HDB rents rise but volume drops in February; more tenants resist price hikes

Updated from : The Business Times, 15 Feb 2023 HIGHER marginal Buyer’s Stamp Duty (BSD) for higher-value residential properties kicked in on Wednesday (Feb 15), but agents did not see a rush into the market the night before the change came into effect. Agencies that The Business Times spoke to observed more than the usual transactions last … Continue reading ‘No rush’ to close property purchases before higher stamp duty deadline

Updated from : The Business Times, 14 Feb 2023 SINGAPORE will introduce a higher marginal Buyer’s Stamp Duty (BSD) for higher-value residential and non-residential properties that will kick in from Wednesday (Feb 15), but market watchers say the move will hardly put a dent in property demand. Where the BSD hike might hit harder is … Continue reading Budget 2023: Buyer’s Stamp Duty hike unlikely to hurt property demand; some see it as wealth tax

To further moderate demand in the HDB resale market, where million dollar HDB flats continue to change hands, the government will impose a wait-out period of 15 months for private residential property owners as well as former private property owners to buy a non-subsidised HDB resale flat. Private property owners will no longer be allowed … Continue reading Housing loan limits – including for HDB loans – tightened in fresh measures to cool property market

The site is located within the Rosyth Estate and is near dining and shopping amenities such as Serangoon North Neighbourhood Centre and Heartland Mall. PHOTO: URA, MOH Updated from : The Business Times, 29 Sep 2022 THE Urban Redevelopment Authority (URA), together with Singapore’s Ministry of Health (MOH), on Thursday (Sep 29) put up a site … Continue reading URA, MOH launch Parry Avenue site for private assisted living development

Even as the suburbs improve, the CBD and districts 9, 10, 11 should continue to enjoy price premiums for offices and homes respectively.  PHOTO: BT FILE Updated from : The Business Times, 26 Sep 2022 SINGAPORE’S suburbs have transformed over recent years. Places such as Jurong and Tampines have become high-quality live, work and play … Continue reading Location can continue to drive price premium for CBD offices, prime area homes

While Lentor Modern was the latest suburban condo to see strong take-up at its launch, developers appear to be cautious in land bidding.  PHOTO: GUOCOLAND Updated from : The Business Times, 22 Sep 2022 OVER Sep 16 and 17, GuocoLand : F17 0% sold 508 units, or 84 per cent, of 99-year leasehold Lentor Modern’s … Continue reading Amid frenzied buying at new home launches, developers may be signalling a peak