October 2024 BTO Launch: Standard, Plus and Prime Flats, Which Should You Buy?
October 2024 BTO Launch: Standard, Plus and Prime Flats, Which Should You Buy? ERA Singapore 16 October 2024 With so many projects to choose from, which is the right one for you? Whatever your choice may be – may the odds be ever in your favour. Housing & Development Board (HDB) has officially launched 8,500 […]
The Hidden Costs of Buying an Older Flat
The Hidden Costs of Buying an Older Flat ERA Singapore 26 September 2024 We’ve witnessed an interesting shift in the HDB resale market in recent years—an increasing number of homeowners are turning their attention to older flats, specifically those that are at least 40 years old. These older flats, once considered less desirable due to […]
Prime residential properties account for majority of loss-making resale deals in Q2
The Business Times, 24 July 2024, Wednesday Property investment sales rise in Q2, driven by state land tenders and residential deals The Business Times, 24 July 2024, Wednesday 大宗房地产交易额今年料达230亿元高于去年 Lianhe Zaobao, 24 July 2024, Wednesday Please scroll down to read the full articles. Prime residential properties account for majority of loss-making resale deals in Q2 […]
70 HDB flats reacquired over lease infringements from 2019 to 2023
The Straits Times, 25 July 2024, Thursday Katong’s Roxy Square put up for collective sale at $1.25billion The Straits Times, 25 July 2024, Thursday HDB comes down on about 800 flat owners for flouting lease rules from 2019 to 2023 The Business Times, 25 July 2024, Thursday Roxy Square up for collective sale with S$1.25b […]
Developing Singapore’s West Side: What Can We Learn from Tampines in the East?
Following the recent submission and closure of a joint bid in March this year, we will be seeing five major real estate players — CapitaLand Development, City Developments, Frasers Property, Mitsubishi Estate and Mitsui Fudosan (Asia) – joining hands to drive a singular visionary goal for Singapore. That is to propel the development of the […]
Slower, but Steady Price Growth: What It Means for Your Property Journey in 2024.
In recent years, the number of million-dollar HDB flats has surged. Starting from 46 units in 2017, this figure has since risen to 470 units in 2023, marking a significant uptick in the number of resale units hitting this notable price milestone. While some homeowners living in prime areas may view this as a win, […]
More Homes, More Choices: Over 32 New Projects to Explore in 2024!
2024 is set to be a favourable year for to-be homebuyers and investors as they will have no lack of options all over the island – from the Core Central Region (CCR) to the Rest of Central Region (RCR) and Outside Central Region (OCR)! The upcoming months of 2024 will see no fewer than 32 […]
Buy a New Home Now or Wait for Interest Rates to Drop – Which is the Smarter Choice?
Following a series of interest rate hikes to combat inflation in 2022 to 2023, the U.S. Federal Reserve may soon ease off on its tightening measures. According to a poll of economists, the Fed is expected to cut rates come 2H 2024. And as most floating rate mortgage packages take reference to the Singapore Overnight […]
Why is 2024 the Year to Enter Singapore’s Property Market Despite the Global Gloom?
Dreary news about global property markets may be the talk of the town with major countries like USA, China, Vietnam and Hong Kong seeing their share of real estate woes. These range from headlines about America’s “frozen housing market” which saw sales hit a 13-year low, as well as China’s worsening property market despite government […]
Is it Time to Enter the Market with Projected Rate Cuts in 2024?
1] Will borrowing costs decrease in 2024? According to The Straits Times on Jan 2, 2024, lower borrowing costs in Singapore is expected in 2024 as US Federal Reserve signalled it could cut rates in 2024 and beyond. 2] The Federal Reserve System (FED) is likely to cut rates gradually in the medium term Currently […]