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 ...)
Commentary: Don’t be fooled by fake job offers in a tight labour market
The deceptions used by scammers to trap victims are never straightforward, and a nimble approach is needed to combat them, says Open Government Products’ Hygin Prasad Fernandez. ( read original story ...)
12 reasons to be happy (or scared) about the Singapore property market in 2023
From a new war in Europe, to record-high interest rates, to new cooling measures. There are definitely some bumps ahead in the coming year, but there's always ... ( read original story ...)
Singapore’s November core inflation rises 5.1%
SINGAPORE: Singapore's key consumer price gauge rose 5.1% in November, only slightly higher than forecast, official data showed on Friday. ( read original story ...)
Untold mystery of the luxury condo that was never built in Singapore: The Ferrari-themed Ferra in Orchard
Singapore's property development scene has a nearly 100 per cent rate of successfully completed projects. It's a rare occasion when a developer can't follow through, or willingly abandons a project ... ( read original story ...)
Divorced Indonesian couple in court fight over 3 ‘investment’ properties in central Singapore
SINGAPORE: A family court has granted the green light for an Indonesian woman to go ahead with her bid to seek her share in three Singapore properties she co-owned with her ex-husband and his brother. ( read original story ...)