Property News

Credit Suisse Group AG and Morgan Stanley are calling the end of Singapore’s property downturn, after a second consecutive quarterly increase in private residential prices. Home prices may rise as much as 10 percent this year, according to analysts at Credit Suisse, while Morgan Stanley and OCBC Investment Research expect as much as an 8 … Continue reading Singapore Property Rebound Just Starting as Prices Seen Jumping

The highest recorded loss in the week of Dec 15 to 26, 2017 was from the sale of a four-bedroom unit at the ultra-luxury condominium The Marq on Paterson Hill. The seller bought the 3,089 sq ft unit from the developer for $15.2 million ($4,920 psf) in 2012. He sold it for $10.28 million ($3,328 … Continue reading Unit at The Marq sold at $4.9 mil loss

At least one in two people plan to buy a home, and more are looking to buy this year than in the past. Of the 611 respondents to the EdgeProp-Knight Frank Homebuyers’ Sentiment Survey, 55.6% said they were looking to purchase a residential property in Singapore in the next 12 months. The survey was jointly … Continue reading More looking to buy homes in 2018

The question is not whether taxes will be raised in Singapore but when. When both the Finance Minister and the Prime Minister put it like that, it is, as they say in Singlish, "double confirmed". So, when? Some of the smart money is on this year. I would not bet on it, but you could … Continue reading Time to introduce a wealth tax in Singapore?

SINGAPORE: Private home prices increased by 1 per cent for the whole of 2017, after declining 3.1 per cent in 2016, according to the latest flash estimates from the Urban Redevelopment Authority of Singapore (URA) on Tuesday (Jan 2). In its press release, URA said overall, the private residential property index increased 1.0 point from 137.6 points in … Continue reading Private home prices up 1% for 2017: URA

SINGAPORE - HDB resale prices edged down 0.2 per cent in the final quarter of last year, making for a full-year price drop of 1.5 per cent, according to flash estimates from the Housing and Development Board (HDB) on Tuesday (Jan 2). This means the decline in HDB resale prices last year was steeper than the 0.2 … Continue reading HDB resale flat prices drop 1.5% in 2017 after 0.2% dip in Q4: Flash data

URA announced on Dec 28 that it has launched the sites at Sengkang Central and Hillview Rise for sale as part of the 2H2017 Government Land Sales (GLS) programme. Unlike other GLS tenders, submissions for the two 99-year leasehold sites will not be awarded based on price alone but by a concept and price revenue … Continue reading Sengkang Central and Hillview sites launched for sale based on concept and price