Property Market Commentary

Why Singapore Property Is A Hotspot For The Super Rich: The Rise Of The Centi-Millionaires

At this stage of cooling measures, there’s growing concern that even Singapore’s stable climate might put off foreign property investment. The Additional Buyers Stamp Duty (ABSD) rate for foreigners now stands at 30 per cent; this is against a backdrop…

• 7 Nov 2022
• 5 min read
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6 Reasons Why New 3 Bedroom Condos Could Get Smaller Yet

A recent report from Property Guru states that the size of three-bedder units has fallen; from around 1,700 to 1,800 sq. ft. in the 1980s, to around 1,000 sq. ft. today. It probably won’t surprise anyone that, as a general…

• 31 Oct 2022
• 7 min read
• 1
• 718

Singaporeans Share Their Frustrations About “Affordable” Public Housing: Here Are Some Of The Best Points From Reddit

There have been some split opinions on the affordability of HDB housing, following an infographic in the Sunday Times. Of late, the topic seems to hold two divergent opinions: the first that HDB is too expensive and these infographics are…

• 26 Oct 2022
• 6 min read
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A Condo Built Specifically For The Elderly In Singapore? 5 Features We’d Like To See In Such A Development

Let’s face it: Singapore’s unofficial senior care body has become HDB. When it comes to housing for retirees, there’s an overwhelming assumption that most people can sell their private property and move into flats. That’s why HDB constantly has to…

• 25 Oct 2022
• 8 min read
• 2
• 1.2k

Is A HDB Flat Oversupply Inevitable In The Future? What Happens When Our Parents Generation Passes On

Given the demand for HDB flats over the pandemic period, HDB has ramped up production of new flats in 2021/22, and we’ve seen flat prices reach their highest in close to a decade. In light of the present situation, it…

• 20 Oct 2022
• 6 min read
• 3
• 2.5k

New Central Condos Cheaper Than City Fringe Ones In 2022? Here Are 4 Simple Reasons Why

The CCR has long maintained a reputation as Singapore’s prime region, where one finds the most luxurious – and pricey properties. But in 2022, prices of new RCR condos have started to rise further, and are rapidly narrowing the gap…

• 4 Oct 2022
• 6 min read
• 1
• 953

Why Is A Million-Dollar Flat Reasonable To Some Homeowners In 2022?

We’re nine months into 2022 and already, more resale flats have crossed the $1 million mark than the whole of 2021. Mind you, 2021 already saw a record number of million-dollar flats, so we’ve truly reached a surreal stage in…

• 28 Sep 2022
• 6 min read
• 1
• 154

Chuan Park En Bloc Saga: 4 Key Lessons To Learn For Future En Bloc Hopefuls

The collective sale of Chuan Park may be the biggest en-bloc deal since Tulip Garden, back in 2019. Despite the final offer being under the reserve price, it seemed things were about to go smoothly; but now, a group of…

• 23 Sep 2022
• 7 min read
• 0
• 2.9k

Are Foreigners Really The Major Cause Of The Rise Of Property Prices In Singapore?

Whenever private home prices start to soar in Singapore, there’s a tendency to look toward foreign buyers. We were, for instance, subject to a slew of news reports about Chinese buyers rushing into the Singapore market during Covid-19; and veterans…

• 20 Sep 2022
• 5 min read
• 2
• 1.2k

Exploring Tiong Bahru In 60 Pictures: A Detailed Walkthrough Of What Makes This Old Estate So Charming

What makes a place feel like home? Is it that 50m infinity pool, the numerous dining pods, or the fact that you have an open roof top patio that overlooks an unblocked view? Sure, all that’s important when it comes…

• 19 Sep 2022
• 18 min read
• 0
• 1.6k

Non-Mature HDB Prices Are Fast Catching Up: Are We Going To See More Million Dollar Flats Here Soon?

It was once assumed that million-dollar flats were a phenomenon in the oldest mature towns only. But with prices rising for 26 straight months, many Singaporeans may now be priced out of the mature towns – and demand may be…

• 13 Sep 2022
• 5 min read
• 5
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Unaffordable Homes In Singapore Are Causing The Younger Generation To Rent: Is This A Good Idea?

In a recent PropertyGuru survey, two-thirds of Singaporeans aged 22 to 29 said they’re renting because home ownership is still out of reach. Indeed, this is a trend that’s been noticed since last year, with more young Singaporeans also sharing…

• 12 Sep 2022
• 7 min read
• 3
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We Reveal How Much Property Agents In Singapore Are Really Making: Here’s A Detailed Breakdown

With commission rates of around 2 per cent (it can even be 3 to 4 per cent for new launches), there’s an impression that property agents are rolling in dough. Many clients certainly feel that way, with the average commission…

• 11 Sep 2022
• 8 min read
• 8
• 8.4k

Buy 3-Room Flat Now, Own 2 Properties Later: 7 Reasons Why These Flats Are An Underrated Choice

Among Singaporeans, there’s an unspoken agreement that – if you buy an HDB flat – you should go for the largest flat type you can get. It’s not always just about having more space or for future family planning; it’s…

• 9 Sep 2022
• 7 min read
• 0
• 3.1k

7 Reasons Why Buying A New Launch Is A Pain Today + Why We Built A New Platform

The year is 2022. We can buy almost absolutely anything on the Internet today, AI has reached a stage where they can creatively form the most astounding images, and we have robots that are able to perform gymnastic routines: Imagine…

• 3 Sep 2022
• 7 min read
• 6
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Are HDB Upgraders Getting Priced Out Of New Launches In 2022?

HDB upgraders have been a dominant force in the property market, over the past few years. As of the past year however, this may be changing – fewer HDB owners have bought private properties in 1H 2022, and the most…

• 1 Sep 2022
• 7 min read
• 1
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A New Study Reports That Singapore HDBs Are The Most Affordable Housing In Major Asian Cities: Is This Really True?

In a Reddit post today, it was pointed out that Singapore has the most affordable housing in Asian countries. That’s a pretty provocative statement, especially in 2022 when home buyers are complaining of sky-high prices on both private and public…

• 29 Aug 2022
• 9 min read
• 0
• 502

5 Key Highlights That Will Impact The Property Market From The National Day Rally 2022

The National Day Rally Speech for 2022, like the past two years, has kept a cautionary tone. There’s not much in the way of optimism right now, not with geopolitical tensions at an all-time high, and the world having barely…

• 23 Aug 2022
• 6 min read
• 1
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