HDB resale volume up 27.8% amid price falls

Resale prices of HDB flats dipped 0.4 percent in the second quarter of 2015 from 1.0 percent in the previous quarter, or its eighth consecutive quarter of decline, according to latest data from the housing board. The falling resale prices are due to the potent combination of the governments measures to stabilise the public housing market such as, reducing the Mortgage Servicing Ratio (MSR) cap of…

  • 5 Reasons Why It’s Still a Terrible Time to Buy Singapore Property Propwise.sg - 11 hours ago

    By Gerald Tay (guest contributor) Tempted to buy a property due to the falling prices? Think again. In this article I will go through five reasons why I think it’s still a terrible time to buy Singapore … More »5 Reasons Why It’s Still a Terrible Time to Buy Singapore Property

    By Gerald Tay (guest contributor) Tempted to buy a property due to the falling prices? Think again. In this article I will go through five reasons why I think it’s still a terrible time to buy Singapore property. 1. Property prices are still high for mass market homes Since Q1 2009, prices in the Core Central

  • HDB resale volume up 27.8% amid price falls PropertyGuru.com.sg - 23 hours ago

    Resale prices of HDB flats dipped 0.4 percent in the second quarter of 2015 from 1.0 percent in the previous quarter, or its eighth consecutive quarter of decline, according to latest data from the housing … More »HDB resale volume up 27.8% amid price falls

    Resale prices of HDB flats dipped 0.4 percent in the second quarter of 2015 from 1.0 percent in the previous quarter, or its eighth consecutive quarter of decline, according to latest data from the housing board. The falling resale prices are due to the potent combination of the governments measures to stabilise the public …

  • New housing scheme to be more inclusive PropertyGuru.com.sg - Mon, Jul 27, 2015 11:00 AM SGT

    National Development Minister Khaw Boon Wan said the new two-room Flexi housing scheme will see a more inclusive arrangement with the elderly and young living within the same block, reported The Straits … More »New housing scheme to be more inclusive

    National Development Minister Khaw Boon Wan said the new two-room Flexi housing scheme will see a more inclusive arrangement with the elderly and young living within the same block, reported The Straits Times. Under the scheme, the two-room flats and studio apartments are placed in one category and sold under the same …

  • S'pore home prices fall at slower pace PropertyGuru.com.sg - Fri, Jul 24, 2015 12:29 PM SGT

    Private home prices in Singapore fell 0.9 percent in the second quarter of 2015 compared to the 1.0 percent drop in the quarter before, according to more complete statistics released by the Urban Redevelopment … More »S'pore home prices fall at slower pace

    Private home prices in Singapore fell 0.9 percent in the second quarter of 2015 compared to the 1.0 percent drop in the quarter before, according to more complete statistics released by the Urban Redevelopment Authority (URA) on Friday. Prices dipped across the island with the suburbs (Outside Central Region) recording …

  • Property tycoons among Singapore's wealthiest PropertyGuru.com.sg - Fri, Jul 24, 2015 11:57 AM SGT

    Forbes list of the 50 richest people in Singapore was dominated by real estate moguls as property emerged as the main source of wealth for 12 tycoons on the list, according to a Singapore Business Review … More »Property tycoons among Singapore's wealthiest

    Forbes list of the 50 richest people in Singapore was dominated by real estate moguls as property emerged as the main source of wealth for 12 tycoons on the list, according to a Singapore Business Review report.

  • Maldives relaxes rules on foreign land ownership PropertyGuru.com.sg - Fri, Jul 24, 2015 10:00 AM SGT

    Despite concerns of military expansion by China, lawmakers in the Maldives have ratified the island nations legislation to allow foreigners to own land in perpetuity, reported AsiaOne. With 70 members … More »Maldives relaxes rules on foreign land ownership

    Despite concerns of military expansion by China, lawmakers in the Maldives have ratified the island nations legislation to allow foreigners to own land in perpetuity, reported AsiaOne. With 70 members in favour and 14 against it, the new law paves the way for foreigners investing over US$1 billion to own land provided …

  • More calls for abolishing DBSS PropertyGuru.com.sg - Thu, Jul 23, 2015 12:54 PM SGT

    Some Members of Parliament (MPs) have renewed calls for the Design, Build and Sell Scheme (DBSS) to be abolished or tweaked due to the blurred lines of accountability as well as low public confidence in … More »More calls for abolishing DBSS

    Some Members of Parliament (MPs) have renewed calls for the Design, Build and Sell Scheme (DBSS) to be abolished or tweaked due to the blurred lines of accountability as well as low public confidence in project quality, reported Today Online.

  • Bereavement care provider moves into property agency business PropertyGuru.com.sg - Thu, Jul 23, 2015 11:00 AM SGT

    Funeral services provider Asia-Pacific Strategic Investments Limited (APSIL) plans to move decisively into the real estate agency industry and make it the core business. In a statement, the Malaysia-based … More »Bereavement care provider moves into property agency business

    Funeral services provider Asia-Pacific Strategic Investments Limited (APSIL) plans to move decisively into the real estate agency industry and make it the core business. In a statement, the Malaysia-based company revealed that it is looking to acquire Singapore real estate brokerage Global Alliance Property (GAP) for $2.75 …

  • MAS: Still too early to ease cooling measures PropertyGuru.com.sg - Wed, Jul 22, 2015 11:36 AM SGT

    Property developers and homeowners hoping that the cooling measures will be relaxed soon will have to wait longer after the Monetary Authority of Singapore (MAS) said it is still premature to ease the … More »MAS: Still too early to ease cooling measures

    Property developers and homeowners hoping that the cooling measures will be relaxed soon will have to wait longer after the Monetary Authority of Singapore (MAS) said it is still premature to ease the policies, reported Today Online. Property prices have softened somewhat, but like I said last year, in the context of the …

  • Watchdog objects to dolphin villa ads PropertyGuru.com.sg - Wed, Jul 22, 2015 10:56 AM SGT

    The Advertising Standards Authority of Singapore (Asas) has objected to advertisements put up in April by the developers of a dolphin lagoon villa project in Batam, Indonesia, reported The Straits Times. … More »Watchdog objects to dolphin villa ads

    The Advertising Standards Authority of Singapore (Asas) has objected to advertisements put up in April by the developers of a dolphin lagoon villa project in Batam, Indonesia, reported The Straits Times. This comes after the advertising watchdog found three things that were unacceptable quoting an unnamed buyer on how …

  • 640 e-applications for The Brownstone PropertyGuru.com.sg - Tue, Jul 21, 2015 10:41 AM SGT

    The Brownstone, a 638-unit executive condominium (EC) project at Canberra Drive in Sembawang, has received around 640 e-applications since its launch on 10 July, reported Channel NewsAsia. More »640 e-applications for The Brownstone

    The Brownstone, a 638-unit executive condominium (EC) project at Canberra Drive in Sembawang, has received around 640 e-applications since its launch on 10 July, reported Channel NewsAsia.

  • Frasers Centrepoint transforms Nee Soon with launch of Northpoint City integrated development
    Construction to start on new Nee Soon underground link PropertyGuru.com.sg - Tue, Jul 21, 2015 9:00 AM SGT

    Construction will start next month on a new underground retail link in Nee Soon offering residents easy access between Yishun MRT station and the future Northpoint City integrated development. Comprising … More »Construction to start on new Nee Soon underground link

    Frasers Centrepoint transforms Nee Soon with launch of Northpoint City integrated development

    Construction will start next month on a new underground retail link in Nee Soon offering residents easy access between Yishun MRT station and the future Northpoint City integrated development. Comprising close to 30 shops, the fully air-conditioned Northpoint Link will supplement the current underpass connecting the MRT …

  • HLH to foray into Cambodian property PropertyGuru.com.sg - Tue, Jul 21, 2015 8:30 AM SGT

    Singapore-listed HLH Group Limited is making its property debut in the Cambodian market after the success of its agri-investment division in the country. The property developer and agricultural firm recently … More »HLH to foray into Cambodian property

    Singapore-listed HLH Group Limited is making its property debut in the Cambodian market after the success of its agri-investment division in the country. The property developer and agricultural firm recently launched CAMHOMES, a new brand that will focus on providing high quality and affordable homes in Cambodia, which …

  • 7 Reasons Why Property Prices Won’t Recover Soon Propwise.sg - Mon, Jul 20, 2015 5:10 PM SGT

    By Property Soul (guest contributor) There was a recent article in the Straits Times with the headline “Time to review property cooling measures”. The argument is that as: i. Private home prices are down … More »7 Reasons Why Property Prices Won’t Recover Soon

    By Property Soul (guest contributor) There was a recent article in the Straits Times with the headline “Time to review property cooling measures”. The argument is that as: i. Private home prices are down ii. HDB flat prices have dropped iii. Oversupply has worsened iv. Rents have weakened v. Interest rates have risen vi. …

  • High Park Residences draws buyers PropertyGuru.com.sg - Mon, Jul 20, 2015 10:41 AM SGT

    The High Park Residences condominium in Sengkang has received strong interest from buyers, with 1,100 units sold during its first sales weekend, reported The Straits Times. More »High Park Residences draws buyers

    The High Park Residences condominium in Sengkang has received strong interest from buyers, with 1,100 units sold during its first sales weekend, reported The Straits Times.

 

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