Is 2024 The Right Time To Refinance Your Home Loan? Here’s What Homeowners Need To Consider Home loan interest rates average around three per cent as of 2024, with many loan packages inching toward four per cent in later years (usually in the fourth year or thereafter). Along with the recent switch to SORA-based loans, many… 27 Feb 2024 6 min read 0
This Up-And-Coming Area Has 5 New Condos In Just 2 Years: Is Lentor Mansion Still Worth A Look? Lentor has been a hotspot since 2022, with the launch of projects like Lentor Modern and Lentoria. The next project in this area, however, will be the largest in terms of land area to date (around 21,887 sqm.) Given the… 23 Feb 2024 5 min read 0
Can You Afford To Upgrade To A Condo In 2024? With Chinese New Year over, it’s house-hunting season again; but it’s no surprise that buyers are a little bewildered. If you’ve been away from the property scene for a few years, the prices today are nothing short of stunning –… 20 Feb 2024 7 min read 6
How Budget 2024 Will Affect Singapore Homeowners: New Property Tax Changes And ABSD Remissions Budget 2024 was announced today, with an emphasis on “enhancing education and training”, and on financial aid to target groups. Some of the handouts include $1.9 billion in household support (in assorted forms), changes to CPF; and assistance for Singaporean… 16 Feb 2024 6 min read 2
Where Did Home Prices In Singapore Grow The Most (And The Least) In 2023? 2023 was still a disappointing year for many home buyers, when $2,000+ psf became a norm for new launches, and HDB upgraders saw themselves increasingly priced out of the private segment. In hindsight, we can see that even the meteoric… 8 Feb 2024 4 min read 0
3 Exciting Upcoming Residential Sites To Look For In The Near Future From old schools to former SERS sites, Singapore is constantly renewing its residential landscape (and increasing the supply) – and the latest upcoming batch is one to watch. It includes some hotspots like Clementi, as well as land parcels that… 6 Feb 2024 4 min read 0
The Impact Of High Land Prices On Singapore’s Property Prices: How Land Prices Have Moved Since 1992 One of the main reasons cited by developers, as to why new launch prices are so high, is the price of land. We have an article that covers some of the details here. However, a common criticism we’ve heard from… 6 Feb 2024 4 min read 0
Can You Still Afford To Upgrade To A Condo In 2024? Here’s A Reality Check For HDB Upgraders The tried and true way of getting a condo is to start with an HDB BTO flat, save every penny you can, and eventually sell it for a tidy profit and move up to a private condo; or at the… 2 Feb 2024 6 min read 4
Singapore’s Best And Worst Performing Property Districts Since The Pandemic: Here’s What We’ve Found The times are changing, and it’s not just the pandemic that caused it (although it sped things up a bit). Amidst big moves like decentralisation, and Work From Home, the very idea of what constitutes “central” – and hence a… 30 Jan 2024 5 min read 1
A Penrose Condo Case Study: How to Price Your New Launch Sub Sale Unit Smartly Have you ever heard of “sub sales” in real estate? These are transactions where a property is sold before it’s even completed, and they make up a surprisingly small portion of the market. This rarity often leads to many questions… 29 Jan 2024 8 min read 0
The Changing Attitudes Toward Chinese Property Developers In Singapore When Chinese developers first entered the Singapore market, there was some skepticism involved. It didn’t help that, during the en-bloc fever of 2017, Chinese developers copped a lot of the blame for pushing up home prices (even though if you… 25 Jan 2024 6 min read 3
Are These Old Condo Facilities Still A Benefit Or A Burden? When it comes to condo facilities, some trends come and go. You can even identify the age of a condo based on the sort of facilities it has (squash courts, anyone?) But while trendy facilities help at launch (and perhaps… 24 Jan 2024 5 min read 2
The Rise Of Million-Dollar HDB Flats In Singapore: Is This Going To Be The New Norm? Million-dollar HDB flats are still outliers, making up some one per cent of HDB transactions; and even those that are close to a million (e.g., $800,000 or $900,000) are hardly the majority. However, there’s no denying that these outliers are… 22 Jan 2024 6 min read 0
3 Interesting Upcoming Residential Sites You May Likely See In 2024 The past few days, there’s been news of three upcoming residential sites being cleared for future residential use; and one of them is even next to an MRT station. Now that we’ve seen the consequences of a tight housing supply,… 22 Jan 2024 4 min read 0
44 Upcoming New Launch Condos In 2024 (Starting From $1,402) 2024 won’t be seeing the same scarcity issues in the aftermath of COVID-19 – predictions range as high as over 11,600 new units, spread across some 38 new launches. These are just the larger projects too, and may not include… 13 Jan 2024 7 min read 1
5 Surprising Reasons Why Some New Launch Condos Sell Better Than Others In a real estate market where HDB upgraders and first-time buyers are grappling with affordability issues, it’s interesting to witness certain new launch condos defy the odds and still achieve good sales figures. While factors like price point and buyer… 12 Jan 2024 6 min read 0
Will We Finally Have “Affordable” Homes In Singapore In 2024? News reports, HDB block notice boards, and every other outlet seem to be putting out the message that prices are coming back down, supply is back up, etc. It’s almost like some big upcoming event is driving the need to… 10 Jan 2024 5 min read 0
6 Key Trends Of The Singapore Property Market In 2024: Here’s What Buyers Can Expect New year, new market – at least that seems to be the case with real estate in Singapore. Property here is dynamic and ever-changing, and not just because of our overnight cooling measures; everything from layout preferences to rental prospects… 3 Jan 2024 5 min read 2