Category Archives: News
Why Hougang’s Market Value is Poised for Growth:...
Why Hougang’s Market Value is Poised for Growth: A Look at Upcoming Developments The landscape of Hougang is about to experience a transformative change with the addition of new residential and commercial sites. These developments not only signify growth but could also have a notable impact on property values in the area. Here’s a closer look at why investing in Hougang might be a …
3,500 New Homes Hitting the Market in November as Deve...
3,500 New Homes Hitting the Market in November as Developers Ramp Up Launches A wave of new condominium launches is set to take place over the next few weeks, with developers fast-tracking their projects to capture the heightened buying sentiment before the year-end holiday season. A total of six projects, offering 3,551 units, will be available for sale in November—a remarkable concentration of launches …
Singapore home prices dip; rents rise for the first ti...
Singapore home prices dip; rents rise for the first time after 3 quarters Singapore’s home prices dipped by 0.7% in the third quarter of 2023, a smaller decline than the projected 1.1%. This marks the first drop in five quarters, driven by higher interest rates and purchasing restrictions that have cooled the market. However, a late uptick in sales helped soften the impact. Developers …
Prime, Plus and Standard: HDB’s new BTO categories and...
Prime, Plus and Standard: HDB’s new BTO categories and what they mean for buyers Nearly 9,000 Build-To-Order (BTO) flats will be launched this month, marking the government’s first batch of public housing under a newly introduced classification system. HDB flats will now be grouped into three categories – Standard, Plus, and Prime – with each category having different restrictions on buying, selling, and subsidies. …
Singles can buy 2-room flexi BTO flats in all location...
Singles can buy 2-room flexi BTO flats in all locations, even in Kallang/Whampoa, from Oct. 2024 Singles will be able to apply for two-room flexi flats in various locations, including Ang Mo Kio, Bedok, Bukit Batok, Jurong West, Kallang/Whampoa, Pasir Ris, and Sengkang, starting in October 2024. The Housing and Development Board (HDB) announced in a statement on Oct 4 that over 1,900 of …
United House up for sale at S$166 million
United House up for sale at S$166 million UNITED House, situated just behind the Concorde Hotel and Shopping Centre, which is also on the market, has been launched for sale via tender at an asking price of S$166 million. This equates to a land rate of S$3,025 per square foot per plot ratio (psf ppr) if redeveloped for commercial purposes. If used for hotel …
Public housing remains affordable and attainable, says...
Public housing remains affordable and attainable, says HDB, citing international studies Public housing in Singapore continues to be both affordable and accessible, according to the Housing Board (HDB) in an Oct 2 statement, which referenced two international housing reports highlighting high home ownership rates and the attainability of public housing in the country. Flash data from HDB, released on Oct 1, revealed that resale …
HDB resale prices up 2.5% in Q3, with more flats sold
HDB resale prices up 2.5% in Q3, with more flats sold Housing Board (HDB) resale flat prices rose by 2.5% from July to September, a slight uptick compared to the 2.3% growth in the second quarter of 2024, according to flash data released by HDB on October 1. This marks consistent quarterly price increases since Q2 2020. Â The report also showed that 8,035 …
Navigating HDB Resale Prices: How Cooling Measures Imp...
Navigating HDB Resale Prices: How Cooling Measures Impact You HDB resale prices have been a hot topic for homeowners and buyers alike. As the property market continues to evolve, it’s important to understand the effects of the government’s cooling measures and how they might shape your next property decision. What Are Cooling Measures? Cooling measures are government policies designed to regulate the property market, …