A property in the Cluny Hill good class bungalow (GCB) area, Singapore has recently gained much attention. It was previously owned by former Singapore Prime Minister, Lee Kwan Yew’s daughter, Dr Lee ... ( read original story ...)
Singapore’s Sentosa Cove Rallies For A Resurgence
Welcome to Sentosa Cove, Sentosa Island’s palmy enclave of bungalows, villas, and condos that was first conceptualized in 1992. ( read original story ...)
Unaffordable homes in Singapore are causing the younger generation to rent – is this a good idea?
In a recent PropertyGuru survey, two-thirds of Singaporeans aged 22 to 29 said they’re renting because home ownership is still out of reach. Indeed, this is a trend that’s been noticed since last year ... ( read original story ...)
Singapore Property Cooling Measures 2021: Why Are Some Buyers Looking At More Expensive Properties Now?
The Singapore property cooling measures announced on December 2021 saw increased ABSD rates, tighter LTV limits and a lower TDSR threshold, making it harder to buy property. But according to the ... ( read original story ...)
I lost $5,400 in a rental scam in Singapore – here’s my story and how these scammers work
The property rental market is booming in 2022, and tenants are fighting tooth and nail for affordable accommodation. This sort of scenario is fertile ground for rental scams: tenants who are in urgent ... ( read original story ...)
Property price surge: First ever million-dollar HDB sold at Tampines
Tampines has joined the “million-dollar club” recently, with its first public housing unit selling for a cool $1,013,000. ( read original story ...)
Singapore’s former SICCI chief sees India as a huge market, suggests focus on SMEs now
India is a huge market and if one can leverage the potential, businesses can flourish, says an Indian-origin businessman who recently completed his term as chairman of the Singapore Indian Chamber of ... ( read original story ...)
As Singapore bucks global downturn, 6 in 10 say property is unaffordable
Surging property prices pose a challenge for the ruling People’s Action Party, whose achievements include the highest public housing rate in the world, with over 80 per cent of the country’s 4 million ... ( read original story ...)
Foreigners account for ‘very small proportion’ of private housing transactions in Singapore: Desmond Lee
SINGAPORE: Foreigners account for "a very small proportion" of private housing transactions, Minister for National Development Desmond Lee said on Monday (Sep 12). "In the past two years, they ... ( read original story ...)
Former group CEO declares bankruptcy, wife tries to claim share of $3.82m landed property
A freehold, landed house in Ang Mo Kio, which used to belong to a former group CEO, has become part of a lawsuit brought about by his wife.The asset (or the net proceeds from its sale) is now under a ... ( read original story ...)
Bulk purchases of private property ‘uncommon’, market impact unlikely: Desmond Lee
What's the percentage of multiple-unit purchases among all private residential property units transacted this year? Find out how low it is. ( read original story ...)
What Investors Should Know About Frasers Property’s Green Retail Notes, Singapore’s First Corporate Green Retail Notes
Frasers Property Ltd (SGX: TQ5), through its wholly-owned subsidiary Frasers Property Treasury Pte Ltd, has launched its first-ever green retail notes for investors who are looking for green ... ( read original story ...)
We reveal how much property agents in Singapore are really making
With commission rates of around 2 per cent (it can even be 3 to 4 per cent for new launches), there’s an impression that property agents are rolling in dough.Many clients certainly feel that way, with ... ( read original story ...)
Singapore’s modest house price growth
Singapore’s house prices rose by almost 20% (inflation-adjusted) from 2016 to 2021, after falling by almost 10% in the three years prior. In the first half of 2022, total home sales, which include new ... ( read original story ...)
Lawrence Wong explains why govt cannot rely on fluctuating property market as stable source of tax revenue
Increase in tax revenue collection not sustainable over long term. Deputy Prime Minister Lawrence Wong addressed questions on substantial tax revenue. PAP Member of Parliament Foo ... ( read original story ...)
More young Singaporeans considering renting and flat sharing as they find current property prices too high: Study
More young Singaporeans, compared with older age groups, are considering renting and flat sharing as they find current property prices too high.Even then, most still intend to buy a home within the ... ( read original story ...)