The price gap between new homes in the prime areas of Singapore and those outside of them continued to narrow in March, suggesting that there could be buying opportunities for those seeking properties in Districts 9, 10 and 11.

The growth in Singapore's private home prices accelerated in the final quarter of last year, with a 5 per cent jump over the previous three months, underscoring the hot market that triggered December's new property cooling measures.

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 any residential property here.The total debt servicing ratio (TDSR) threshold was reduced by 5 percentage points to 55 per cent.

The sale of a 2,885 sq ft, four-bedroom unit at Ardmore Park was the most profitable resale transaction between Nov 9 and 23.

Landed residential property prices in Singapore appreciated at the fastest pace in the past 10 years in 2021, surging 13.3 per cent year on year compared to a lacklustre 1.2 per cent expansion in 2020. According to a report by ERA Realty Network on the Singapore landed housing market released on Wednesday (May 4), prices of landed housing from 2018 to 2021 also grew faster than prices of non-landed properties such as condominium units. During this 4-year period, capital values of landed residential properties increased by 28.8 per cent, while those of non-landed housing climbed 24.2 per cent.

Three 99-year leasehold residential sites in the Upper Thomson area have come up for sale under the Government Land Sales (GLS) Programme for the first half of 2022, the Urban Redevelopment Authority (URA) announced on Tuesday (May 17).The sale of Lentor Central, Lentor Gardens, and Lentor Hills Road (Parcel B) plots within the new Lentor Hills Estate is expected to see healthy interest from developers with careful bidding.Two of the 3 parcels - Lentor Central and Lentor Hills Road (Parcel B) - come under the government’s confirmed list and can yield about 735 housing units. The remaining plot at Lentor Gardens, which can yield 530 units, is on the reserve list and will be put up for tender only when a developer has indicated a minimum price which is accepted by the government.

The Keong Saik Road locale has been buzzing with conservation shophouse deals this year. The Business Times understands that 3 adjoining freehold shophouses at the prominent corner of Kreta Ayer and Keong Saik roads, have been transacted at slightly above S$44 million. The trio - at 47, 49 and 51 Kreta Ayer Road - are being sold by Straits Construction Co. Standing on a total land area of about 5,610 sq ft, the 3-storey shophouses with a distinctive facade have a total built-up area of about 11,613 sq ft. The buyer is understood to be Lim Chin Huat, a seasoned property investor who is also involved in the fresh fruits and vegetables supply business, as well as restaurants and wine distribution.

As Singapore is turning towards treating Covid-19 as an endemic and leaving behind the Covid-Zero Strategy, it is slowly re-opening borders with caution. The Nation is still under recently extended restrictions to curb the daily tally that is surpassing 3,000

Expectations for Singapore's monetary policy or growth trajectory were largely unshaken by Wednesday's (May 4) rate hike in the United States, and a recession looks unlikely for now - though some economists still see a risk of a slowdown, independent of the Fed's decision.In Singapore, interest rates should rise in tandem, but likely to a smaller extent, said economists, thanks in part to the Monetary Authority of Singapore's (MAS) three consecutive moves to tighten monetary policy over the last 6 months.Intent on fighting the worst inflation in 40 years, the Federal Reserve announced a 0.5-percentage point rate hike, a move the markets appeared prepared for even if this was the Federal Open Market Committee's (FOMC) largest increase since 2000.

An Additional Buyer’s Stamp Duty (ABSD) of 35 per cent will be imposed on any transfer of residential property into a living trust, where the transfer occurs from May 9, the Ministry of Finance announced late on Sunday night (May 8).Under current regulations, ABSD may or may not be payable upon such a transfer, depending on the profile of the beneficial owner of the residential property transferred into the trust.Specifically, if the living trust is structured such that there is no identifiable beneficial owner at the time of transfer, ABSD does not apply. To close this gap, the government is introducing the “ABSD (Trust)” at 35 per cent, MOF said in its press release.

The developer of a $14 million Sentosa Cove waterfront villa that was ridden with defects has been ordered by the High Court to pay $1.3 million in damages to the owner of the house.The sum awarded to home owner Thio Keng Thay comprised nearly $876,000 for the costs of hiring a contractor to rectify the defects, $297,500 for the costs of fixing two lifts in the house, and about $ 135,000 for the costs of hiring third parties to investigate the defects.

Hong Kong tycoon Li Ka-shing’s private investment firm Horizons Ventures is opening a Singapore office to find new deals and support portfolio companies trying to expand in Asia. As many as 10 staff will be based in the South-east Asian city including Jacky Li, a senior investment manager who will focus on deal execution, and Jeffrey Ho, a portfolio curator. It comes a year after the firm flagged plans to ramp up deals in the region and will be Horizons’ first office outside of Hong Kong with a focus on supporting portfolio companies entering the market. The Li-funded firm, which was co-founded by long time confidante Solina Chau, is the latest among a raft of high-profile investment outlets and family offices that have set up presence in Singapore - attracted by its low taxes, relative safety and an expedited pathway for permanent residency for the super wealthy.

In 2021, HDB resale flat prices have risen about 15 per cent after a 6-year decline. The House Price-to-Income (“HPI”) which measures housing affordability recorded that HPI for HDB resale flats reached 4.4 times in the first three quarters of 2021 hitting 150.6.

If you do not want to give your share of a property away, you should think twice about including a joint owner to the title. Some parents include their children's names on their property for administrative convenience and for mortgages, but they have no intention of letting these children own the real estate when they die.

Applying this 4 main Fengshui correctly to your home can benefit you abundantly! Click in and see how it works for your home!

Residential property rentals hit their highest levels in April, surpassing their last peaks in 2013, with rents expected to keep rising as Singapore reopens and foreigners return to work here.Condominium rents rose 2.3 per cent in April after gaining for 16 months straight, capping the previous peak in January 2013 by 1.8 per cent. Year on year, rents were up 15.1 per cent compared to April 2021, according to flash figures from SRX Property and 99.co released on Wednesday (May 11)Rents for Housing Development Board (HDB) flats showed a similar dynamic, continuing to rise for a 22nd consecutive month. HDB rents were up 1.9 per cent in April and 14.3 per cent higher year-on-year. HDB rents last peaked in August 2013.

Buyers of future Build-to-Order (BTO) flats in prime locations will face a longer minimum occupation period (MOP) of 10 years, as part of a new model meant to keep housing in these locations accessible for Singaporeans, said the Housing & Development Board (HDB) on Wednesda

Singapore home prices soared more than 10 per cent to a record high last year. Housing supply shortages, the low interest-rate environment and rising demand from HDB upgraders fuelled a rally in home prices. After new cooling measures were implemented in December last year, the property market started on a weaker footing, with lower sales clocked in the first quarter of this year. Based on URA's Q1 2022 real estate statistics, the overall price index for private homes grew at a slower pace of 0.7 per cent, down from the 5 per cent hike in the fourth quarter of 2021.

In this article, we discuss about the best options for homeowners by understanding the key criteria in investment. 

HOUSING Board (HDB) rents have hit a new high in March, while condominium rents rose for the 15th straight month. Although rental volumes improved on a monthly basis, they are still lower compared with the year-ago period, according to flash figures from SRX Property and 99.co on Wednesday (Apr 13).

City Developments Ltd (CDL) and MCL Land will start marketing a 407-unit condominium Piccadilly Grand this weekend, in the first of a batch of upcoming launches that will be closely watched to gauge sentiment and demand from homebuyers.

Around 1,600 new Housing Board flats will be built on a 10ha site in Farrer Park, and be integrated with sports and recreational facilities including a new sports centre. The Build-To-Order (BTO) projects will be launched for sale within three years, HDB, Sport Singapore and the Urban Redevelopment Authority (URA) announced on Monday (April 25) as the agencies unveiled plans for the site.

Lynn is highly allergic to many medications but decided to proceed with taking the Covid-19 vaccine. Read about her experience here.

What are Good Class Bungalows (“GCB”)? GCBs are a league of their own, the most prestigious landed housing in Singapore.