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 ...)
Look Ahead 2023: Fewer BTO flats eligible for resale among property trends to watch; experts urge HDB upgraders to be cautious
First-time flat owners hoping to sell their homes this year will have less competition, with close to 50 per cent fewer flats completing their minimum occupation period in 2023 compared to last year. ( read original story ...)
Mortgage stress in Singapore is rising
As interest rates for home loans continue to climb, mortgage stress levels escalate. Two in five Singaporeans (40 per cent of Singaporeans) faced some difficulties in paying off their mortgage loans ... ( read original story ...)
Home loan rates will remain high before dipping in 2024. What should home owners do?
With rising interest rates, many home owners are now considering their circumstances and weighing the options. Read more at straitstimes.com. ( read original story ...)
Singapore private home prices increased 8.4% in 2022, slower growth than preceding year
SINGAPORE: Private home prices in Singapore rose by 8.4 per cent in 2022, compared with the 10.6 per cent increase in 2021, according to flash estimates released by the Urban Redevelopment Authority ... ( read original story ...)
Ramped up housing supply may slow rising property prices in 2023: Analysts
SINGAPORE: Property analysts expect property prices to continue climbing next year, but a strong supply of new homes may help moderate the anticipated spike. For new private homes, the jump could be ... ( read original story ...)