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Latest property news to keep you up-to-date about Singapore's real estate.

The Straits Times

Housing programmes see HDB's deficit grow to $2.66b, the highest so far

The cumulative government grants provided to HDB since its establishment in 1960 now stands at $36.22 billion.

The Straits Times

Free parking can be offered only after residents' needs are met

Housing Board carparks in public housing estates are provided primarily to serve the parking needs of residents.

CNA Lifestyle

5 condos in Singapore that make residents feel like they are on a permanent holiday

Living in these condominiums will “transport” you to another country in an instant.

Channel News Asia

HDB launches more than 7,800 BTO flats, including first batch near Tengah car-free town centre

The Housing and Development Board (HDB) said on Wednesday (Aug 12) it has launched more than 7,800 new flats for sale, including the first batch of units near Singapore's first car-free town centre in Tengah

The Straits Times

Budget 2021: Scheme in offing to transform construction, real estate value chain

The Growth and Transformation Scheme for the sector will require developers to work closely with their consultants, contractors and suppliers to level up as an ecosystem or value chain.

SRX

Beauty World site set to catalyse area's rejuvenation

According to URA, the Beauty World precinct is envisioned to be a green urban village that will be a centre of community life and southern gateway into Bukit Timah's nature attractions.

The Business Times

Looking back on 25 years of collective sales in Singapore

A review of strata-titled redevelopment and how processes might change to better serve buyers and sellers alike.

The Straits Times

$500m in enhanced housing grants given to 15,600 first-timers

$748m in proximity grants given to about 40,200 households since August 2015

The Straits Times

Condo resale volume recovers in June while prices hold steady: SRX

More private non-landed homes were sold in June compared with May, while prices held steady for a third consecutive month

The Business Times

The Reef at King's Dock sells over 90% of 300 units offered over launch weekend

ABOUT 280 of the 300 residential units offered at The Reef at King's Dock were sold over the Jan 30-31 weekend launch, joint developers Mapletree Investments and Keppel Land said on Sunday.

The Straits Times

First batch of 1,402 smart-enabled BTO flats in Punggol ready by end of the year

Slightly more than 1,400 families will be the first to live in smart-enabled Housing Board flats in Punggol Northshore by the end of this year.

The Business Times

Mass-market private homes maintain appeal amid pandemic

Despite the pandemic-led economic downturn, the Singapore private residential sector - particularly the mass market and even the mid-tier segment - has displayed strong resilience, thanks to robust local end-user demand and Housing Development Board (HDB) upgraders.

The Straits Times

HDB resale prices rise for 4th month in October; 13 million-dollar flats sold: SRX

While Housing Board (HDB) resale volume dipped in October compared to the previous month, prices continued to rise, indicating that demand remained relatively robust amid the Covid-19 pandemic.

The Straits Times

89 BTO projects have resumed works; only 1 site pending approval: HDB

Construction works have resumed at a total of 89 Build-To-Order (BTO) sites as of Monday, said Minister for National Development Desmond Lee on Friday (Aug 21).

The Business Times

Singapore's real estate market may have brighter prospects in 2021

SINGAPORE'S economy was hit hard in 2020 as Covid-19 paralysed the world and shrank Singapore's GDP by a post-independence record of 5.8 per cent.

The Straits Times

More expecting Govt to step in to cool Singapore property market: NUS survey

More market observers are expecting the Singapore Government to step in to cool the private residential market, while spiking construction costs have overtaken economic woes as the top potential risk factor that may temper sentiment in the next six months.

The Business Times

Redas calls for ABSD deferment for first-time HDB upgraders to private property

Upgraders to ECs currently get ABSD remission; they are given six months to dispose of their HDB flats after getting key to new EC unit

The Straits Times

CDL posts full-year loss of $1.92b on Sincere Property write-down

Developer also booked $99.5m in impairment losses for its hotels and investment properties.

The Straits Times

Talk intensifies of more private property cooling measures after comments by ministers

Possible steps could include a tweak in additional buyer stamp duties and tightening of mortgage terms.

Channel News Asia

HDB resale transactions spike 127.3% in Q3 after end of COVID-19 circuit breaker | Video

The number of Housing and Development Board (HDB) flats sold in the resale market in the third quarter rose by 127.3 per cent after the lifting of Singapore's "circuit breaker" in June.

Channel News Asia

Inside Sheng Siong co-founder Lim Hock Leng’s 33,700 sq ft family home

Inspired by Chinese courtyard houses, the Singapore businessman built a multigenerational home that embraces family, heritage and nature.

The Business Times

Singapore housing market a safe haven amid pandemic

Home sales in Singapore so far in this pandemic-ravaged year have exceeded expectations amid a lower-for-longer rates environment and a still-low unemployment rate - a phenomenon also playing out in some other countries

The Business Times

KKR-backed PropertyGuru weighs US listing via SPAC

PROPERTYGURU, the Singaporean online real-estate firm backed by private-equity firms KKR & Co and TPG Capital, is considering a US listing through a merger with a special-purpose acquisition company (SPAC), said people familiar with the matter.

The Business Times

Luxury apartments in hot demand despite economic woes

Focus on capital preservation throughout the Covid-19 pandemic has driven many investors to divert their monies to real estate properties in property hot spots such as Singapore.

The Straits Times

HDB flat-buying process to be further streamlined

Buyers can soon submit documents and be assessed for grants, loans in one application

Channel News Asia

Chong Pang City to get new integrated development with shops, swimming pools, market and hawker centre

The 40-year-old Chong Pang City neighbourhood centre will get a rejuvenation in the form of a new integrated development with a community club, market and hawker centre, and facilities such as swimming pools and shops.

The Business Times

Regional centres take centre stage

Popular residential areas such as Paya Lebar, Buona Vista, and Jurong East are becoming decentralised commercial nodes.

The Straits Times

Coronavirus: Construction of BTO flats to be speeded up after lifting of circuit breaker measures, says HDB

The construction of Build-To-Order (BTO) flats will be quickened after the circuit breaker measures are lifted to keep projects on track, the Housing Board told The Straits Times on Thursday (April 9).

Channel News Asia

Budget 2021 debate: Lim Biow Chuan on staying financially prudent

Prices of private property in Singapore actually rose last year even amid the country's worst recession.

The Straits Times

Pandemic forcing relook into how S'pore is built

Second Minister for National Development Indranee Rajah urged developers to remain prudent in their land bidding and not overextend themselves financially.

The Straits Times

Singapore online real estate firm PropertyGuru weighs US listing via Spacs

PropertyGuru, the Singapore online real estate firm backed by private-equity firms KKR & Co and TPG Capital, is considering a US listing through a merger with a special purpose acquisition company (Spac), according to people familiar with the matter.

CNA Lifestyle

A checklist to relationship-proof your property before buying one

Before making probably the biggest financial commitment of your life, answer these questions first to avoid wrecking your relationships with your spouse, parents and the in-laws.

The Straits Times

With prices so low, time to buy a home on Sentosa?

Prices for non-landed homes on the island have tumbled almost 40% since the peak around 2010, but locals still prefer freehold property in prime districts on the mainland

Channel News Asia

Public and private housing prices inch up in the third quarter of 2020 | Video

Private and public home prices increased in the third quarter of 2020, according to official estimates. Analysts say the price increases reflect the property market’s resilience amid a recessionary outlook. Michelle Teo reports.

Channel News Asia

Couples who bought 2nd homes to get more time for ABSD remission amid COVID-19 disruption

Married Singaporean couples who bought or plan to buy a second home over the next few weeks will now have more time to sell their first property and claim back their Additional Buyer’s Stamp Duty (ABSD).

CNA Lifestyle

What savvy Singaporean homeowners do to score good property deals

Local homeowners reveal how they choose the best unit, score good deals and save money.

Channel News Asia

Commentary: How much should young couples spend on their first home?

It is a question on the minds of couples looking to buy their first home: Pull out all the stops for your dream home or get something cheaper? Dawn Cher lays out her view.

The Business Times

Are new cooling measures coming to Singapore's housing market?

Observers say the recent sizzling sales momentum at Normanton Park and The Reef at King's Dock could be a catalyst for intervention.

The Straits Times

More expect Govt to act to cool S'pore property market: Survey

Fears of new cooling measures hitting the private housing market and soaring construction costs have emerged as the chief concerns of property market players.

Channel News Asia

BTO flat prices remain ‘affordable’ at around 5 times of median annual household income or less: Desmond Lee

Market values of new Build-to-Order (BTO) flats are determined by prices of comparable resale flats nearby, individual attributes of the flat and prevailing market conditions, said National Development Minister Desmond Lee in Parliament on Wednesday (Oct 14).

The Straits Times

DPM Heng flags risks of low interest rates on housing market

Singapore's Deputy Prime Minister and Finance Minister Heng Swee Keat warned that low interest rates can lead to distortions in asset prices, amid speculation that the Government may take fresh steps to cool the housing market.

Channel News Asia

23 luxury bungalows sold so far this year | Video

More than 20 expensive bungalows in Singapore, worth nearly half a billion dollars, have been sold so far this year. Observers say the luxury housing market is still holding up, but it will not be enough to match full-year figures seen in previous years. Kelly Wong reports.

The Straits Times

Up to 500 private home projects to get more time to finish and sell by ABSD deadlines: Finance Ministry

The extra time given to developers is among a slew of temporary relief measures rolled out earlier this week

The Straits Times

Half of all two-room flexi flat buyers are aged above 55, says HDB

Two-room flexi flats have proved popular with older buyers, with more than half of them aged 55 and above, figures revealed on Saturday (Feb 27).

The Business Times

Property taxes are likely first stop for wealth tax review

A REVIEW of wealth taxes to fund growing recurrent spending could centre on property taxes, with cooling measures potentially adjusted in tandem, say tax analysts.

CNA Lifestyle

HDB terrace flats: What are they and where to find them?

Landed public housing in Singapore? Yes, they exist. If you’re lucky enough to snag one of these Housing and Development Board (HDB) terrace flats, you can expect an abundance of space spread over two storeys and a nice private garden.

The Straits Times

Looking for a place of their own amid the downturn

The coronavirus pandemic has presented potential home buyers like Hong Konger Matthew Lai with an opportunity to take a stab at the world's most unaffordable housing market.

The Business Times

HDB unveils roadmap that aims to enhance residents' health and well-being

THE Singapore Housing and Development Board (HDB) on Thursday unveiled a roadmap that centres on planning and designing HDB towns that will contribute to the overall health and well-being of its residents.

The Straits Times

Forum: Property cooling measures must stay in place

On Feb 19, Deputy Prime Minister Heng Swee Keat told Bloomberg TV that the Government has no plans to ease property cooling measures amid the ongoing Covid-19 outbreak which has threatened to develop into a global pandemic

The Straits Times

Campus-style development for one-north by end-2021

A cluster of 12 heritage bungalows in Rochester Park in Buona Vista will house a mix of office, retail and food outlets as part of a new integrated development to be built by the end of next year.

The Straits Times

Dual-envelope tender launched for Jalan Anak Bukit site

The 3.2 hectare site in Upper Bukit Timah can yield 865 private housing units, which can be flats or serviced apartments, or a combination of both.

The Business Times

Demand for city-fringe homes on the rise

Tapering supply of housing and developing infrastructure in the RCR to drive up demand, catalyse price growth.

The Straits Times

Development charges down for commercial use, up for residential

Development charges (DC) for commercial land use have decreased while those for residential land use were raised, with the largest increases in prime areas such as Orchard Boulevard, Stevens Road, River Valley Road and Bukit Timah Road.

The Straits Times

Guoco Midtown's second condo to launch in about two weeks

The 558-unit Midtown Modern condominium in Tan Quee Lan Street in Bugis will go on sale in about two weeks.

CNA Lifestyle

10 noob questions about buying your first property, answered

BTO or resale? What happens to a flat when the 99-year lease is up? And why are newer flats smaller?

The Business Times

Singapore government to ensure property market is in line with economic fundamentals

Mr Lee said property developers should remain prudent in land bidding and work with agents to market their projects responsibly.

The Straits Times

60% of Penrose condo units sold over launch weekend

Hong Leong says timing and sensitive pricing among main factors for the positive response

The Straits Times

3,095 BTO flats up for sale in Toa Payoh, Sembawang

Experts say Toa Payoh Ridge likely to be most popular, with proximity to 2 MRT stations

Channel News Asia

Private property prices increase by 0.8% in Q3 as transactions surge

Private home prices in Singapore in the third quarter rose 0.8 per cent from the previous quarter, while demand surged for both new developer units and resale properties, in what analysts said is a sign that consumer confidence is "steadily returning" amid the COVID-19 pandemic.

The Business Times

Are new cooling measures coming to Singapore's housing market?

Observers say the recent sizzling sales momentum at Normanton Park and The Reef at King's Dock could be a catalyst for intervention.

The Business Times

KKR-backed PropertyGuru weighs US listing via SPAC

PROPERTYGURU, the Singaporean online real-estate firm backed by private-equity firms KKR & Co and TPG Capital, is considering a US listing through a merger with a special-purpose acquisition company (SPAC), said people familiar with the matter.

The Business Times

The Reef at King's Dock sells over 90% of 300 units offered over launch weekend

ABOUT 280 of the 300 residential units offered at The Reef at King's Dock were sold over the Jan 30-31 weekend launch, joint developers Mapletree Investments and Keppel Land said on Sunday.

The Business Times

Property taxes are likely first stop for wealth tax review

A REVIEW of wealth taxes to fund growing recurrent spending could centre on property taxes, with cooling measures potentially adjusted in tandem, say tax analysts.

The Business Times

Singapore's real estate market may have brighter prospects in 2021

SINGAPORE'S economy was hit hard in 2020 as Covid-19 paralysed the world and shrank Singapore's GDP by a post-independence record of 5.8 per cent.

The Business Times

HDB unveils roadmap that aims to enhance residents' health and well-being

THE Singapore Housing and Development Board (HDB) on Thursday unveiled a roadmap that centres on planning and designing HDB towns that will contribute to the overall health and well-being of its residents.

The Business Times

Redas calls for ABSD deferment for first-time HDB upgraders to private property

Upgraders to ECs currently get ABSD remission; they are given six months to dispose of their HDB flats after getting key to new EC unit

CNA Lifestyle

5 condos in Singapore that make residents feel like they are on a permanent holiday

Living in these condominiums will “transport” you to another country in an instant.

CNA Lifestyle

HDB terrace flats: What are they and where to find them?

Landed public housing in Singapore? Yes, they exist. If you’re lucky enough to snag one of these Housing and Development Board (HDB) terrace flats, you can expect an abundance of space spread over two storeys and a nice private garden.

CNA Lifestyle

What savvy Singaporean homeowners do to score good property deals

Local homeowners reveal how they choose the best unit, score good deals and save money.

CNA Lifestyle

A checklist to relationship-proof your property before buying one

Before making probably the biggest financial commitment of your life, answer these questions first to avoid wrecking your relationships with your spouse, parents and the in-laws.

CNA Lifestyle

10 noob questions about buying your first property, answered

BTO or resale? What happens to a flat when the 99-year lease is up? And why are newer flats smaller?

Channel News Asia

Inside Sheng Siong co-founder Lim Hock Leng’s 33,700 sq ft family home

Inspired by Chinese courtyard houses, the Singapore businessman built a multigenerational home that embraces family, heritage and nature.

Channel News Asia

Budget 2021 debate: Lim Biow Chuan on staying financially prudent

Prices of private property in Singapore actually rose last year even amid the country's worst recession.

Channel News Asia

HDB resale transactions spike 127.3% in Q3 after end of COVID-19 circuit breaker | Video

The number of Housing and Development Board (HDB) flats sold in the resale market in the third quarter rose by 127.3 per cent after the lifting of Singapore's "circuit breaker" in June.

Channel News Asia

Private property prices increase by 0.8% in Q3 as transactions surge

Private home prices in Singapore in the third quarter rose 0.8 per cent from the previous quarter, while demand surged for both new developer units and resale properties, in what analysts said is a sign that consumer confidence is "steadily returning" amid the COVID-19 pandemic.

Channel News Asia

BTO flat prices remain ‘affordable’ at around 5 times of median annual household income or less: Desmond Lee

Market values of new Build-to-Order (BTO) flats are determined by prices of comparable resale flats nearby, individual attributes of the flat and prevailing market conditions, said National Development Minister Desmond Lee in Parliament on Wednesday (Oct 14).

Channel News Asia

Public and private housing prices inch up in the third quarter of 2020 | Video

Private and public home prices increased in the third quarter of 2020, according to official estimates. Analysts say the price increases reflect the property market’s resilience amid a recessionary outlook. Michelle Teo reports.

Channel News Asia

23 luxury bungalows sold so far this year | Video

More than 20 expensive bungalows in Singapore, worth nearly half a billion dollars, have been sold so far this year. Observers say the luxury housing market is still holding up, but it will not be enough to match full-year figures seen in previous years. Kelly Wong reports.

The Straits Times

Pandemic forcing relook into how S'pore is built

Second Minister for National Development Indranee Rajah urged developers to remain prudent in their land bidding and not overextend themselves financially.

The Straits Times

Development charges down for commercial use, up for residential

Development charges (DC) for commercial land use have decreased while those for residential land use were raised, with the largest increases in prime areas such as Orchard Boulevard, Stevens Road, River Valley Road and Bukit Timah Road.

The Straits Times

Half of all two-room flexi flat buyers are aged above 55, says HDB

Two-room flexi flats have proved popular with older buyers, with more than half of them aged 55 and above, figures revealed on Saturday (Feb 27).

The Straits Times

More expect Govt to act to cool S'pore property market: Survey

Fears of new cooling measures hitting the private housing market and soaring construction costs have emerged as the chief concerns of property market players.

The Straits Times

$500m in enhanced housing grants given to 15,600 first-timers

$748m in proximity grants given to about 40,200 households since August 2015

The Straits Times

CDL posts full-year loss of $1.92b on Sincere Property write-down

Developer also booked $99.5m in impairment losses for its hotels and investment properties.

The Straits Times

HDB flat-buying process to be further streamlined

Buyers can soon submit documents and be assessed for grants, loans in one application

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The Business Times

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The Straits Times

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