Housing loan limits – including for HDB loans – tightened in fresh measures to cool property market

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

URA, MOH launch Parry Avenue site for private assisted living development

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

Location can continue to drive price premium for CBD offices, prime area homes

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

Amid frenzied buying at new home launches, developers may be signalling a peak

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

New city-fringe condo prices climbing closer to those in central region

With the increase in the RCR’s psf price since June, the median price paid for a new non-landed home there has exceeded that in the CCR., says Huttons. PHOTO: BT FILE Updated from : The Business Times, 21 Sep 2022 THE median price per square foot (psf) gap between new, non-landed homes in the Core Central … Continue reading New city-fringe condo prices climbing closer to those in central region

Singapore bank earnings boosted by higher rates but global slowdown, high inflation cloud outlook

DBS has declared a dividend of 36 cents per share for the second quarter, higher than the 33 cents a year ago. ST PHOTO: ARIFFIN JAMAR Updated from : The Straits Times, 5 Aug 2022 SINGAPORE - DBS Group Holdings joined peers OCBC Bank and UOB in reporting earnings that were boosted by rising interest rates, while also … Continue reading Singapore bank earnings boosted by higher rates but global slowdown, high inflation cloud outlook

HDB resale prices rise 2.8% in Q2, transactions fall amid rising interest rates

Updated from : The Straits Times, 22 July 2022 SINGAPORE - Prices in the Housing Board (HDB) resale market have continued to climb, logging gains for the ninth consecutive quarter even as sales momentum slipped. Resale prices rose at a quicker pace of 2.8 per cent in the second quarter of this year, compared with … Continue reading HDB resale prices rise 2.8% in Q2, transactions fall amid rising interest rates

Private home prices up 3.5% in Q2 as market rebounds on record launch prices, increased volume

Prices of landed homes went up 2.9 per cent in Q2, and prices of non-landed ones climbed 3.6 per cent. ST PHOTO: KUA CHEE SIONG Updated from : The Business Times, 22 July 2022 PRICES of private residential properties rose 3.5 per cent in the second quarter from the previous quarter, by more than the 3.2 … Continue reading Private home prices up 3.5% in Q2 as market rebounds on record launch prices, increased volume

Reclamation of about 900ha of land off Changi expected to start by year end

The specific use of the land off Changi Bay is still being studied. PHOTO: LIANHE ZAOBAO Updated from : The Straits Times, 22 July 2022 SINGAPORE - Reclamation works for about 900ha of land off Changi Bay are expected to start by the end of this year, The Straits Times has learnt. The specific use of … Continue reading Reclamation of about 900ha of land off Changi expected to start by year end