Monthly Archives: March 2013

  • More singles return to HDB resale market

    source: channelnewsasia some real estate agencies say more singles have returned to the hdb resale market after getting more clarity about the government's plan to allow singles to buy new flats directly from the housing and development board. dennis wee group has seen 20 per cent more enquires and viewings from singles in recent weeks. mr lee sze teck, s... Continue reading
  • Four- and five-room flats in Punggol most popular among first-time home buyers

    source: channelnewsasia four- and five-room flats in punggol look to be the most heavily subscribed among first-time home buyers in this month's build-to-order exercise which closes at midnight. a total of 3,898 flats were launched in this month's build-to-order exercise. they are all in non-mature estates of sengkang, punggol and bukit batok. analysts sa... Continue reading
  • Second-timers rush for three-room units

    source: the straits times punggol’s bigger flats proved to be the top draw for those looking for their first housing board home, when the latest build- to-order exercise closed last night. but when it came to second- timers, it was the 306 three- room units in bukit batok and sengkang that saw fiercer competition. as 85 per cent of the flats in these non-... Continue reading
  • PRs pull back sharply on private home buys

    source: business times the 12 jan cooling measures appear to have spooked singapore permanent residents (prs) looking to buy private homes here. their share of private home purchases dived in february after the measures introduced additional buyer's stamp duty (absd) on a pr's first residential property purchase here. the absd rate on subsequent purchases... Continue reading
  • Brisk weekend home sales boost March tally

    source: the straits times march is likely to be the top month for new home sales this year, if last weekend's action is anything to go by. despite lingering unease over the january cooling measures, developers shifted another 300 units from four recent launches. dwg senior manager lee sze teck said: "we are expecting close to 2,000 units to be sold this m... Continue reading
  • Private home resales take a hit amid curbs

    source: the straits times buyers may be snapping up new private homes despite cooling measures but the resale market looks like it will end the first quarter with a whimper. there were 1,544 resale homes sold this year to 12 march, according to caveats lodged with the urban redevelopment authority. sales could hit an estimated 2,300 for the full quarter o... Continue reading
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  • Ho Bee leases out luxury units to ride out property troughs

      source: the straits times the lacklustre market for high-end homes has prompted developer ho bee group to lease out units at its completed projects. ho bee has developed several pricey projects in sentosa cove, including seascape and turquoise, but sales have been hit by several rounds of cooling measures and a slowing economy. the firm has respond... Continue reading
  • Muted launch but 125 units at Hillion Residences sold

      source: the straits times the hillion residences condominium in bukit panjang has sold 125 units since preview sales began on monday. doors were open to the public thursday but the response was muted with little sign of the sort of crowds seen at recent launches. developers sim lian group and sim lian development have released 250 flats in the firs... Continue reading
  • 'Cut frills' to keep HDB flat prices down

      source: the straits times public housing flats can be kept affordable by offering them with minimum frills, rather than by trying to emulate condominiums, a former housing board chief said thursday. mr liu thai ker stressed that at the same time, owners should be given as much floor area as possible so that they have more leeway to organise their h... Continue reading
  • 3,898 BTO flats launched in non-mature estates

      source: business times the housing & development board (hdb) has launched close to 3,900 build-to-order (bto) flats, with another 7,850 flats to be made available for balloting in may. the four latest projects released thursday were in three non-mature towns: bukit batok, punggol and sengkang. they will comprise studio apartments and two-room t... Continue reading
  • Strong demand for all categories of D'Nest units

      source: business times some 500 of the 650 units released for sale at d'nest, a 99-year leasehold condominium in pasir ris grove, have been sold since its preview launch last friday. the 912-unit project, jointly developed by city developments (cdl), hong leong holdings, and hong realty, has a site area of 444,284 sq ft. the units were going for an... Continue reading
  • BTO flat buyers face longer wait amid labour and supply strains

      source: the straits times home buyers might have a longer wait for the keys to their build-to-order (bto) flats. a combination of the construction industry labour crunch and a ramp-up in the housing board's building programme is stretching the completion period for new bto projects by several months. the private sector has already taken a hit as co... Continue reading
  • Urban Vista 43% sold after launch weekend

      source: business times developers of the 582-unit urban vista condominium project sold 250 apartments, or 43 per cent of the total, over the weekend, according to a representative for the developers fragrance group and aspial corp subsidiary world class land. the bulk of the 99-year leasehold units that sold between friday, in which 180 units were ... Continue reading
  • Jan sales: 5.5% of buyers returned homes

      source: the straits times january’s official figures on new home sales may have been strong but 5.5 per cent of buyers had a change of heart, returning the homes they signed up for even after lodging a deposit. they returned 126 units out of the 2,272 homes sold, including executive condominiums (ecs), to developers at projects such as d'leedon and... Continue reading
  • Potong Pasir set to get infusion of new life

      source: the straits times potong pasir has long been something of a backwater but it is likely to spring to life in the next few years, with as many as 1,000 new homes set to be built there. the new condominiums which will boost the supply of private homes in the neighbourhood are nin residence, 18 woodsville, sant ritz, and the newest kid on the b... Continue reading
  • For her, a three-room resale flat For others, there's a new option

      source: the straits times to design consultant thomas tan, 38, hdb's announcement this week that it will soon launch two-room flats for singles like him has come as a lifeline. he has been keen to buy his own property for a while, but effectively had no options as the rising resale flat market put prices out of his reach. a 35-year-old single makin... Continue reading
  • Buyers flock to City Development's D'Nest

      source: business times previews of both d'nest and urban vista saw overwhelming response friday. more than 350 units of the 450 released at city developments' (cdl) d'nest, which previewed, have been snapped up. the project, which was launched in tandem with joint venture partners hong leong holdings and hong realty, was offered at a special early ... Continue reading
  • Curbs bruise February private-home sales

      source: business times after a solid showing in january, the private residential market beat a sharp retreat last month, as both homebuyers and developers took pause amid a double whammy of new cooling measures and a traditional lull period during chinese new year. data from the urban redevelopment authority (ura) friday showed that new private-hom... Continue reading
  • What Really Happen In Feb?

    private pricedrop

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