Singapore Property News

4 Ways URA’s New Move To Curb Shoebox Units In Central Areas Could Affect The Singapore Property Market

The last time URA moved to curb shoebox units (one-bedder units, generally defined as 510 sq. ft. or smaller) was back in 2018. At the time, the impact was only for developments outside the central area. If you want a…

• 19 Oct 2022
• 5 min read
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Are New ECs Still Attractive After The New Cooling Measures?

After the December 2021 cooling measures, the general consensus was that Executive Condominiums (ECs) would be more attractive. At the time, we broadly agreed with the sentiments (even though it was more to do with rising prices across the board…

• 17 Oct 2022
• 6 min read
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A Record 45 Million Dollar Flats In Sept 2022: But All Eyes On 4-Room And Smaller Flats

The cooling measures on 30th September seem timely, after the latest results. September 2022 has seen a record number of million-dollar flats sold in a single month, and rising prices reveal December’s cooling measures had little to no impact. Despite…

• 11 Oct 2022
• 4 min read
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Biggest Winners And Losers Of The Latest Cooling Measures In 2022: How Does This Affect You?

With tighter loan limits and a 15-month wait for some for resale flats, the latest round of cooling measures is poised to shake up the property market. In these volatile and uncertain times, we’d say the changes are prudent –…

• 10 Oct 2022
• 5 min read
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“I’m Essentially Homeless For 15 Months Now”: New Cooling Measures Leaving Some Homeowners In A Difficult Situation

Ever since the July 2018 cooling measures (remember the one with the overnight queues at show flats), the Government has clearly learned well from that experience.  The recent cooling measure announcements have been done in a swift ninja stroke of…

• 1 Oct 2022
• 4 min read
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September 2022 Cooling Measures Announced: An Attempt To Cool The Hot Property Market And How It May Affect You

The Singapore government has announced new cooling measures, in response to rising interest rates and record-high home prices. Some of these, such as a higher floor rate for measuring debt servicing ratios, was long expected; but others, like an increased…

• 30 Sep 2022
• 7 min read
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Property Prices May Get Even More Expensive In 2023: Why New Land Betterment Charge Rates Will Affect Prices

When it comes to new launch prices, most Singaporeans are quick to pick up on the most obvious factors like land scarcity, agent commissions, or developer stamp duties. However, one factor that often slips under the radar – and that…

• 26 Sep 2022
• 6 min read
• 3
• 1.1k

6 New MRT Stations On The Cross Island Line: How Will It Impact Property Prices?

If you haven’t heard already, the Cross-Island Line (CRL) will begin the phase two roll-out in 2023. This phase will see the opening of six new MRT stations, with interchanges at King Albert Park (Downtown Line), and Clementi (East-West Line)….

• 21 Sep 2022
• 7 min read
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Your East Coast Sea View May Disappear: How The Long Island Reclamation Could Affect You

An old plan resurfaced in a URA exhibit this June, and it’s worth paying attention to – especially if you own property anywhere along the stretch of East Coast Beach, from Changi to Marina Bay. The conceptual “long island”, first…

• 5 Sep 2022
• 4 min read
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• 1.9k

Singaporeans Are Now Selling Coffee & Nasi Lemak From Their HDB: What You Need To Know About Running A Home-Based Business

Beyond rental, resale, and just being a home, Singaporeans are always out to stretch what they can do with their flat. In recent years, more of us have started to experiment with running a business right out of our homes…

• 24 Aug 2022
• 5 min read
• 1
• 1.4k

3 Interesting Upcoming Residential Sites To Watch Out For (Orto Yishun, Jalan Tiga Ratus, Teban Gardens)

Now that we’ve seen the impact of limited land plots, perhaps there’ll be more Government Land Sales next year. A lot of developers still face depleted land banks, and this brings the threat of higher home prices. In recent news,…

• 15 Aug 2022
• 5 min read
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Think Property Prices Will Fall In 2022? Here’s The One Statistic That May Say Otherwise

It’s incredible how fast Singapore’s property market can change. Back in September 2019, we were warned of a massive housing glut, with around 31,948 unsold units. At the time, analysts said it would take around four years to clear. From…

• 26 Apr 2022
• 6 min read
• 3
• 1.7k

The Most Expensive HDB Is Now $1.39 million: Here’s Why It Doesn’t Matter

HDB resale flat prices climbed slower in Q1 this year; news that’s overshadowed by a flat at Pinnacle @ Duxton, which sold for around $1.39 million ($1,388,888.88, to be exact). This is a new record for HDB resale flats –…

• 4 Apr 2022
• 5 min read
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Your Monthly Interest Payments Are Set To Spike In 2022: Here’s What You Need To Know

Since around 2008/9, bank home loans have been significantly cheaper than HDB Concessionary Loans. Homebuyers have been warned repeatedly that bank loans could one day be pricier than HDB loans again – but that concern has been diminished, after being…

• 23 Mar 2022
• 7 min read
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• 1.3k

Here’s The Next Mega Development: Why This Dunman Road Site Could Attract Developer Bids Of $1.3 Billion

Property developers are plagued by depleted land banks this year; so it’s not surprising we’ll see more competition for GLS sites. However, the upcoming Dunman Road site is likely to come with a daunting price tag – at potential prices…

• 16 Mar 2022
• 6 min read
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Cooling Measures Show Minimal Impact On Resale Flat Prices In 2022; What’s Going On?

The news of cooling measures in December 2021 came as a relief to many, but January’s numbers have thrown a wet towel over some homeowners’ hopes. Resale flat prices seem to be higher despite the cooling measures, and it begs…

• 14 Feb 2022
• 6 min read
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A Record 259 Million Dollar HDBs + 10.6% Price Increase In 2021: A Roundup Of The Property Market

The Singapore private property market remains on the side of sellers, despite hopes over the recent cooling measures. A combination of lower supply, plus fear of continually rising prices, is pushing more Singaporeans to purchase homes sooner – at prices…

• 28 Jan 2022
• 6 min read
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New Home Sales Are Down 58% In Dec 2021, But Will It Last?

As a fitting end to a roller-coaster year, December 2021 ended with new private home sales down more than half (58 per cent) compared to the previous month. In some ways this was expected, with the implementation of new cooling…

• 25 Jan 2022
• 5 min read
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