Property curbs make leap harder for first-time buyers, upgraders

The latest round of property curbs has come as a surprise to buyers as well as developers, who have greeted the new rules with unhappiness. Developers, in particular, have been hit with a higher Additional Buyer's Stamp Duty (ABSD) - 25 per cent instead of 15 per cent - and an extra ABSD of 5 … Continue reading Property curbs make leap harder for first-time buyers, upgraders

What the cooling measures mean for the private property market

The government is perhaps of the view that the best way to safeguard the health of Singapore’s property market and prevent it from overheating is to nip the exuberance in the bud. The demand-side measures announced on Thursday (July 5) could be the most draconian since the anti-speculative measures in 1996. Although it is just … Continue reading What the cooling measures mean for the private property market

Singapore private home prices rise 3.4% in Q2, after 3.9% jump in Q1: URA flash data

The quarter-on-quarter increase in the second quarter was led by a 3.8 per cent rise in the prices of landed homes. PHOTO: ST FILE SINGAPORE - Private home prices rose 3.4 per cent in the second quarter from the previous three months, keeping pace with the 3.9 per cent increase in the first quarter, flash estimates … Continue reading Singapore private home prices rise 3.4% in Q2, after 3.9% jump in Q1: URA flash data

Park House in Orchard fetches record S$2,910 psf ppr price in collective sale

ORCHARD property Park House has fetched a record collective sale price of S$2,910 per sq ft per plot ratio, marketing agent CBRE said on Wednesday. The freehold District 10 development at 21 Orchard Boulevard sold for S$375.5 million, translating to S$2,910 psf ppr on the maximum allowable gross floor area of 129,035 sq ft, excluding the … Continue reading Park House in Orchard fetches record S$2,910 psf ppr price in collective sale

HK-listed FEC acquires Singapore property

Hot on the heels of other recent property dealings here in the prime district, Hong Kong-listed Far East Consortium International (FEC) has just acquired 21 Anderson Royal Oak Residence. FEC's indirect wholly owned subsidiary, Advance Delight Global, has agreed to purchase all of the issued and paid-up capital of Highest Reach Investments, which owns the … Continue reading HK-listed FEC acquires Singapore property