Property Market Commentary

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

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

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

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

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

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

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
• 10

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

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

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

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

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

Do We Really Need To BTO Still? 8 Outdated Property Practices That Need To Change In Singapore

We have seen perhaps more change in our real estate industry over the past decade, than in the past 30 or 40 years. From higher stamp duties, to a transformed resale flat market, there is a lot to process. At…

• 22 Aug 2022
• 9 min read
• 4

China’s $90 Billion Property Crisis: 4 Important Lessons We Can Learn From In Singapore

China’s developer crisis has wiped out around US$90 billion in market value, and home prices there have fallen for 11 straight months. It’s often a shock to the public when this happens to property developers – there’s an image of…

• 19 Aug 2022
• 6 min read
• 2

We Reveal 4 Truths About Property Agent Commissions That You Need To Know

Property agent shenanigans are much more toned down these days, thanks to the Internet/social media. It also helps that buyers/sellers are much more educated than before, and are able to provide more resistance. However, this sensitive issue can still prompt…

• 18 Aug 2022
• 7 min read
• 0

Your Condo Management Or MCST Can Affect Your Future Profits: 7 Must Know Tips To Deal With Issues

Singaporeans have a bad habit of ignoring the condo MCST, until it’s way too late. Sometimes they only take an interest when they suddenly hear about an en-bloc attempt; or when something happens that directly affects them (e.g., a side-gate…

• 9 Aug 2022
• 8 min read
• 1

57 Incredibly Interesting HDB Facts To Know On Singapore’s National Day

We wish all our readers a happy National Day. On this 57th year of independence, we can congratulate ourselves on having one of the highest rates of home ownership in the world – at almost 90 per cent. A lot…

• 9 Aug 2022
• 13 min read
• 0

You Can Buy A House In Italy For Just €1. Is It Too Good To Be True?

The idea to sell homes for €1 (approx. $1.40) supposedly began in Southern Italy, sometime in the 2010s. Since then, however, the trend has spread, and there are offers for these even in the north of Italy. We’ve also seen…

• 8 Aug 2022
• 8 min read
• 1