Huttons said demand from Chinese nationals will not surge but increase gradually due to economic uncertainties and the 30% ABSD. Read more at straitstimes.com. ( read original story ...)
CBRE wins US$3 billion property mandate from Singapore’s Income Insurance
US property investment specialist CBRE Investment Management has won a mandate to manage Singapore’s Income Insurance’s US$3 billion real estate portfolio. The portfolio includes property assets which ... ( read original story ...)
5 interesting takeaways from the rare property losses in Singapore’s booming market in 2022
Housing supply was (and still is) at a critically low point, and prices rose across all segments despite cooling measures. It would seem as though sellers couldn’t take a bad ... ( read original story ...)
Singapore’s first appliance subscription platform, Levande by Electrolux, makes life easy for residential landlords
The pay-as-you-use model ensures that your rental property's appliances are not only cutting-edge, but always in good working order. ( read original story ...)
2 injured after power bank catches fire on Singapore-bound flight from Taiwan
Two passengers were injured on a Scoot flight set for take-off from Taoyuan International Airport in Taiwan for Singapore on Tuesday, reportedly due to a portable charger catching ... ( read original story ...)
Daily roundup: 3 units sold in first month but nothing after, here’s why new property agents should worry – and other top stories today
Stay in the know with a recap of our top stories today.1. I sold 3 condos in my first month as an agent, but nothing for 18 months after — here's why new agents need to worryWith the property market ... ( read original story ...)
More property launches in 2023: Some developments to look out for in the months ahead
Analysts expect 30 to 40 new private residential developments to be launched this year, adding 10,000 to 12,000 new homes to the market. ( read original story ...)
18 property agents disciplined in past five years for marketing HDB flats that breached MOP rules
Six of them had their registration suspended for between seven and 48 weeks and were fined between $2,000 and $5,000. Read more at straitstimes.com. ( read original story ...)
18 property agents disciplined in last five years for marketing HDB flats which breached MOP rules
Six of them had their registration suspended for between seven and 48 weeks and were fined between $2,000 and $5,000. Read more at straitstimes.com. ( read original story ...)
Property agents disciplined over breaches relating to HDB minimum occupancy rules; cases rise
SINGAPORE — Disciplinary action has been taken against 18 property agents who helped clients market Housing Board flats that may not have met the minimum occupation period (MOP) between 2017 and 2022, ... ( read original story ...)
Property agents suspended and fined for selling BTO flats before MOP: Desmond Lee
Disciplinary action has been taken against property agents who helped homeowners sell BTO flats before the minimum occupancy period (MOP), Desmond Lee told Parliament on Monday (Jan 9).The Minister ... ( read original story ...)
Private property rents for 2022 at highest level since 2013
Private residential property rents hit a record high in 2022, surpassing the previous peak in 2013. Read more at straitstimes.com. ( read original story ...)
More people becoming property agents amid a booming market
SINGAPORE - Mr Zach Lin decided to become a full-time property agent after he got laid off from his tech sales job last November, as he felt it was the right time to tap his knowledge in real estate ... ( read original story ...)
Rising mortgage rates leads to price softening of private residential properties
The price softening of private properties is in line with a weaker macroeconomic projection against a backdrop of rising mortgage rates and spiraling inflation. The post Rising mortgage rates leads to ... ( read original story ...)
Singapore’s fourth-quarter private housing price growth slows to 0.2 per cent as sales volume falls
The lower transaction volume followed a dimmer economic outlook amid interest rate hikes and inflationary pressures, as well as new property cooling measures that may have impacted homebuyers’ ... ( read original story ...)
Floating mortgage interest rates may roll back to 2 – 2.5% soon
As spot Sora trends downwards, floating mortgage interest rates may roll back to 2.00-2.50 per cent soon for home loans. The post Floating mortgage interest rates may roll back to 2 – 2.5% soon ... ( read original story ...)