Property News

Private flat sales to foreign buyers fall to 17-year low

Updated from : The Straits Times, 28 Jan 2021 The number of private apartments in Singapore snapped up by foreigners fell to a 17-year low last year as travel restrictions and lockdowns in various countries deterred them from coming here. Purchases of units fell to 742 last year, according to real estate consultancy firms ERA … Continue reading Private flat sales to foreign buyers fall to 17-year low

Bukit Timah, Duke’s Road sites up for en bloc sale with S$62.5m guide price

The freehold 16,479 square foot site is zoned for residential and commercial use. PHOTO: JLL Updated from : The Business Times, 27 Jan 2021 THREE adjoining mixed-use redevelopment sites at 551 to 553 Bukit Timah Road, 6 to 8 Duke's Road and a driveway have been put on the market via collective sale with a guide … Continue reading Bukit Timah, Duke’s Road sites up for en bloc sale with S$62.5m guide price

2020 property investment up even as retail consumption slides

In December alone, the number of new private homes sold surpassed 1,000 units, thanks to projects such as the 640-unit Clavon along Clementi Avenue 1. PHOTO: UOL Updated from : The Business Times, 25 Jan 2021 NEW private homes were high on the shopping list for some in Singapore last year. But the same cannot be … Continue reading 2020 property investment up even as retail consumption slides

HDB resale prices climb 5% in 2020, as sales hit 8-year high

Sales of HDB resale flats reached an eight-year high in 2020.ST PHOTO: KUA CHEE SIONG Updated from : The Straits Times, 23 Jan 2021 The Housing Board resale market ended 2020 on a strong note, with flat prices edging up in many locations and buyer demand remaining buoyant despite the Covid-19 pandemic. Prices of resale … Continue reading HDB resale prices climb 5% in 2020, as sales hit 8-year high

DBS sees ‘pre-emptive’ policy response to curb higher property prices

DBS analysts note that the strong performance of the Singapore property market in Q4 and the strong presales at the launch of Normanton Park (above) have caught the eye of the government. PHOTO: NORMANTON PARK Updated from : The Business Times, 20 Jan 2021 SINGAPORE authorities may act pre-emptively to curb higher property prices, said DBS … Continue reading DBS sees ‘pre-emptive’ policy response to curb higher property prices

Property market must remain stable so young S’poreans can own homes: DPM

One approach for innovation involves adopting a "start-up mindset".ST PHOTO: KUA CHEE SIONG Asset prices in the world have been going up despite the Covid-19 pandemic, with Singapore's property market seeing renewed positive sentiments and some gathering of momentum. The Government is, therefore, paying close attention to these developments, to ensure that the market remains … Continue reading Property market must remain stable so young S’poreans can own homes: DPM

Property developers facing better year ahead in 2021

A feared slump in the private property market did not quite materialise in 2020; and with the ongoing momentum in the sales of private homes, things may have turned a corner for developers heading into 2021. PHOTO: ST FILE Updated from : The Business Times, 19 Jan 2021 A FEARED slump in the private property market … Continue reading Property developers facing better year ahead in 2021

Long-empty Hume MRT station to be fitted out for $34.3m

Hume MRT station already has a shell structure constructed since 2015. PHOTO: LOW YEN LING/FACEBOOK Updated from : The Straits Times, 15 Jan 2021 A stretch of Bukit Timah not currently serviced by the MRT will see its long-empty MRT station fitted out and one step closer to being operational by 2025, after the Land Transport … Continue reading Long-empty Hume MRT station to be fitted out for $34.3m

Looking for a new home? Get pricing and loan details from HDB portal

Buyers can use the calculators to estimate their housing budget, to help them compare their housing options.ST PHOTO: LIM YAOHUI Updated from : The Straits Times, 14 Jan 2021 Those hunting for a home can now get pricing and loan information of new Housing Board flats on a platform which aims to streamline the process … Continue reading Looking for a new home? Get pricing and loan details from HDB portal

Resale condo prices maintain upward trend

Updated from : The Straits Times, 13 Jan 2021 The private property resale market continues to pick up, not just from the Covid-19 fallout but also from the cooling measures implemented in 2018, with prices climbing for a fifth straight month last month. For the whole of last year, prices of resale condominiums rose 1.4 … Continue reading Resale condo prices maintain upward trend