Monthly Archives: April 2014

  • More renting out homes as 'hotels'

    more people are renting out their homes for short periods, despite the growing awareness that it is illegal. the housing board investigated 184 cases of short-term leasing in public flats last year, a 73 per cent increase from 106 cases the year before. it also received around 45 complaints about suspected cases from 2012 to last year. violators may lose their flats and get fined if they are found guilty of renting out spaces for less than six... Continue reading
  • Private home resale prices fall again: Index

    weak rental demand and tight loan curbs hammered private home resales again last month, deepening the gloom that has settled over the overall property market since the start of the year. the price slide picked up speed from january to last month, according to singapore residential price index flash estimates out yesterday, with experts tipping worse to co... Continue reading
  • Private housing rental market seen being squeezed by 3 factors

    the private rental housing market is set to come under pressure on the back of record private home completions, a tighter inflow of expat tenants into singapore and a stricter property tax regime. latest official statistics show that private residential rents slipped for the second consecutive quarter - easing 0.7 per cent quarter on quarter in q1 2014.... Continue reading
  • Sky Habitat relaunch draws crowds with lower prices

    attractive pricing and a revamped showflat drew a crowd of buyers at the sky habitat project in bishan over the weekend. developer capitaland sold 80 units last saturday as the bishan street 15 project - once known as the most expensive suburban condominium in singapore - was relaunched with prices slashed by an estimated 10 per cent to 15 per cent. this ... Continue reading
  • HOUSING: Measures to boost supply and ease prices lauded

    in 2011, soaring housing prices was one of the hottest issues during the general election. but an unprecedented number of new hdb flats and a slew of cooling measures have since reined in home prices. more singaporeans can now afford them, leading many to laud housing as the government's biggest achievement. this is the finding of a straits times survey o... Continue reading
  • The Draft Master Plan – What do agents, developers and investors need to know?

    on 20 november 2013, the urban redevelopment authority (ura) revealed the draft master plan which will guide and shape the built environment of singapore for the next five years. the plan has been widely lauded for being more people-centric with a focus on having more community spaces, eco-friendly measures, cycling paths and identity nodes.   what a... Continue reading
  • New private home sales fall 35% in March

    singapore: new private home sales fell 35 per cent in march from february, according to data released by the urban redevelopment authority (ura) on tuesday. year-on-year, the number of transactions in march fell 82.8 per cent. more prudent buyers, cautious developers and fewer new launches have led to the lacklustre performance in new private home sales... Continue reading
  • Home loans harder to get with tighter rules

    home buyers have found it harder to obtain loans in the wake of tighter mortgage rules imposed last year. real estate players said buyers now have to wait longer for their loans to be approved and more are having their loan applications rejected, after the total debt servicing ratio (tdsr) framework was put in place in june by the monetary authority of si... Continue reading
  • HDB resale prices edge up, strong rebound in volume

    resale prices of housing and development board (hdb) flats crawled slightly higher last month as price increases in smaller units offset the declines in larger ones, going by the latest data from the singapore real estate exchange (srx). but transaction volumes staged a strong rebound as buyers returned to the resale market after the chinese new year lu... Continue reading
  • Slight rebound in HDB resale market in March

    after four months of festive chill, the resale public housing market warmed ever so slightly last month. prices rebounded by 0.3 per cent and transactions climbed to 1,319, the highest since last october, according to singapore real estate exchange (srx) flash figures yesterday. but hopes that prices have bottomed out may be premature, said experts. "it's... Continue reading
  • Are you aware of the BIG DROP in MARCH 2014?

      big drop in march 2014 are you aware of the big drop in transaction numbers? all time low for all non landed residential. 430 units only, is there no supply? or is there no demand? resale section has also hit all time low at only 197 units transacted. what are we expecting for the next few months? transaction to increase? decrease? like if you thi... Continue reading
  • Home prices continue slide in Q1

    [singapore] prices of both private homes and hdb resale flats continued their slide in the first quarter of this year based on the government's flash estimates, and this is expected to set the tone for the rest of this year. the drop in resale flat prices - by 1.5 per cent, for the third consecutive quarter, according to hdb's resale price index (rpi) - is starting to be seen as holding hdb upgraders back from taking the leap into private prop... Continue reading
  • Home prices continue slide as loan curbs bite

    the housing market downturn worsened in the first quarter of the year as loan curbs bit deeper and a possible oversupply of new homes loomed larger. private home prices fell 1.3 per cent in the january to march period from the three months before, according to urban redevelopment authority (ura) flash estimates out yesterday. this was sharper than the 0.9... Continue reading
  • First round of SCC rebates this month for HDB dwellers

    this month, 800,000 singaporean households living in housing board flats will get the first round of this year's $80 million in service and conservancy charges (scc) rebates. the total rebate for the year on these town council fees ranges from one month for those living in executive flats to three months for those in one- and two-room flats. it will be di... Continue reading
  • Sengkang project most popular in March BTO

    the second launch of new housing board flats this year has met with a generally cool response, continuing last year's trend. the exception: sengkang's anchorvale parkview project, and two-room flats which remain highly sought after by singles. as of 5pm yesterday, there were 1.3 first-timer applicants for each unit in the build-to-order (bto) exercise, wh... Continue reading
  • Industrial rents 'to moderate with more supply'

    industrial rents are expected to continue moderating as more supply becomes available over the next three years, said the chief executive of industrial landlord jtc. mr png cheong boon told a briefing yesterday: "we have seen that the price growth has slowed...but it will also depend on how well the economy does." an additional 800,000 sq m of multi-user ... Continue reading
  • Top 33 Producers of DWG Real Estate , DWG Trainer Recognition

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