Eager home buyers can soon book a Housing Board (HDB) flat by the next working day after applying. A new sales option will soon offer remaining flats from the Re-Offer of Balance Flats (ROF) pool at any time of the year. The first batch of 120 flats offered under the new option will
The Good Class Bungalow (GCB) market may take a breather in 2019 from the strong showing last year, according to some observers, who highlight among other things an exceptionally high base in 2018, with several big-ticket transactions. The total value of deals in GCB Areas climbed 16 per cent to S$1.03 billion in
Prices of completed private apartments and condominiums in Singapore edged up in December by 0.1 per cent from the previous month. This is the first month-on-month price rise for such properties since August 2018, following a revised 0.5 per cent drop in November. The figures are flash estimates released on Monday by
The wave of new launches that began in earnest the second half of last year may have helped developer sales end the year on a stronger than expected note. But views are mixed on how this year would pan out as the new launch bonanza is set to continue. Based on preliminary
Real estate has long been seen as a rich hunting ground for investment returns by institutional and individual investors alike. Sophisticated institutional investors such as sovereign wealth funds typically adopt a systematic asset allocation approach that explicitly aims to take advantage of the potential diversification benefits of including real estate in a multi-asset
Rents for Singapore condominiums and private apartments reversed course to notch a small decrease in December, while HDB rents rose after dipping in November, according to a report on Wednesday. Flash estimates from real estate portal SRX Property show rents for non-landed private residential properties fell by 0.2 per cent month on month.
1 Developers likely to spread out launches With an ample supply of homes in the pipeline, and buying decisions still tempered by last year's cooling measures, higher interest rates and geopolitical tensions, developers are likely to spread out their project launches to maintain sale prices, analysts say. Since July, the median prices of new
Two residential sites - in Kampong Java Road and Tampines Avenue 10 - are up for grabs under the Government Land Sales programme. A mixed-use plot in Marina View is available for application under the reserved list. The three sites can yield about 2,000 homes. The government land tenders that closed in
Is the Urban Redevelopment Authority's Wednesday announcement to raise the minimum average unit size for non-landed housing developments Outside the Central Area (OCA) - the second part to the July 6 property cooling measures? At a glance, the answer would be "no". The revised guidelines cutting the maximum number of units allowed in a
The tally of big-ticket property transactions of S$10 million and above across all sectors tumbled 42 per cent to S$6.5 billion in the third quarter from S$11.2 billion in Q2 - after the July property curbs put the brakes on residential collective sales. However, a pick-up in activity for the commercial and industrial
