Aside from being trendy, new executive condos in Singapore are quickly becoming the new Singaporean dream, particularly among youth. Executive condos are mainly for the middle-income earners that do not qualify for a HDB flat due to the income ceiling. As people get more affluent and become weary with cookie-cutter homes, there is a greater desire for more individualresidences. Living in condos is...
Are you interested to buy a new launch condo? Singapore, being one of the world’s most extravagant urban areas, is known for its ‘Luxuries residences and condos”, New Condo Launch Singapore with Top homes will stun you with its beauty. Here we have a rundown of the absolute most costly extravagance condos, fundamentally located in the posh areas of Singapore. In 2022, there will be an...
SINGAPORE: A 10ha site in Farrer Park will be redeveloped into a public housing estate with about 1,600 HDB flats, integrated with sports and recreational facilities including a new sports centre at the location of the Farrer Park Swimming Complex. The flats are slated to be launched for sale in the next three years, said the Housing & Development Board (HDB), Sport Singapore...
Buyers should keep their eyes peeled for 5 projects THE government poured cold water on the property market with the introduction of fresh cooling measures that took effect on Dec 16, 2021. The additional buyer's stamp duty (ABSD) was raised by 5 to 15 percentage points for Singapore citizens and permanent residents buying their second or subsequent residential property and on foreigners purchasing...
SINGAPORE - Resale condominium transactions fell 23.8 percent in January, amid property cooling measures that were introduced in December. But resale prices continue to climb, rising 0.4 percent in January, according to flash figures by 99.co and SRX Property released on Tuesday (Feb 15). This marks the 18th consecutive month of growth. Compared with January last year, prices are up by 9.2 percent,...
SINGAPORE — Property prices in Singapore have climbed in the past two years, and will likely keep going up despite the government’s efforts to cool the market, analysts and real estate agents told CNBC. Private residential prices could rise between 1% to 3% in 2022, according to Leonard Tay, head of research at real estate agency Knight Frank Singapore. JLL Singapore expects prices to increase...
Sales of new private homes and resale properties in Singapore rose last year despite prices hitting new records, data from the Urban Redevelopment Authority showed on Friday (Jan 28). For the whole of 2021, developers sold 13,027 private residential units, compared with the 9,982 units in the previous year. In the secondary market, 19,962 resale homes were sold, compared with the 10,729 such...
The HDB Resale Price Index (RPI) increased 3.4% q-o-q in 4Q2021, growing at a faster pace than the 2.9% q-o-q growth charted the previous quarter, according to data released by HDB on Jan 28. The RPI for the whole year of 2021 registered an increase of 12.7% y-o-y, its highest growth since 2010, when prices grew by 14.1%. The HDB market was underpinned by a limited supply of new flats and...
Despite a smaller number of new launches and talks about a wealth tax, the property market is expected to keep thriving, a study finds. 2021 has been a prosperous year for the Singapore property market, which has displayed incredible resilience in the face of the COVID-19 pandemic. Despite safe management measures that seemed ever-changing, dependent on the number of the COVID-19 cases in the...
