Complete Guide to Executive Condominiums (EC)
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 […]
BTO Launch Review (June 2024) – What Can We Expect?
The first wave of Build-To-Order (BTO) flats launched in February 2024 were generally well received by the public, receiving an application rate of about 2.5 times (10,521 applications for 4,126 units). The application rate even peaked at 5.2 times (with 1,300 applicants for 251 units) for the Tanglin Halt Courtyard project, under the Prime Location […]
URA – 1Q 2024 Private Residential Market Update
The All-residential Property Price Index (PPI) reported a modest increase in 1Q 2024, registering a 1.4% quarter-on-quarter (q-o-q) and 4.9% year-on-year (y-o-y) growth. The non-landed PPI grew 1.0% q-o-q and 5.0% y-o-y. The price growth was largely buoyed by Core Central Region (CCR) non-landed home prices, which grew 3.1% q-o-q. Two units at The Ritz-Carlton […]
Ramping Up BTO Supply: What will Happen to HDB Resale Flat Prices in the Future?
Just what could a ramp up in the supply of Built-To-Order (BTO) flats do for Singapore’s housing market? On one hand, it is likely to result in greater HDB flat availability for locals, and on the other, it could also lead to further price appreciation. Earlier in January, it was reported in mainstream media that […]
Will Singapore’s Rental Market Favour Tenants in 2024?
Just earlier in April last year, local headlines were dominated by news about soaring rents in Singapore, putting the spotlight on the declining affordability of tenants and fuelling discussions about an overheated rental market. However, that story has since lost much of its relevance. Due to the easing of factors which contributed to cost pressures […]
Why is 2024 a Good Year to Enter the Private Resale Market?
When the supply of private homes is plentiful, so are the options for buyers. In the first nine months of 2023, a projected 14,000 private residential units (excluding Executive Condominiums) received their Temporary Occupation Permit (TOP), which legally certifies that they are move-in-ready. Moreover, with a further estimated 9,800 odd units expected to attain their […]
Why Should You Be Excited About Singapore’s Ongoing Master Plan?
Singapore’s Master Plan is widely known for guiding the development of every plot of land in the country, ensuring that our urban growth takes place in a systematic and progressive manner. But more than that, the many changes outlined in the Master Plan could mean good news for local homeowners, both current and aspiring. By […]
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 […]