Property News

Why Are New Launch Condo Sales Dropping + 41 Upcoming Launches In 2022/23

You may have noticed last June was a quiet month on the property front. Indeed, that month saw the lowest sales volume of private homes this year. Less than 500 new units were sold, and almost all the activity was…

• 13 Aug 2022
• 6 min read
• 2

8 Reasons Why Amo Residence Sold 98% Of Its 372 Units During Launch

AMO Residence launched last Saturday, and if you want a unit… well, you’re probably out of luck. All but seven of its 372 units sold over the weekend (98% sold), and the whole development may be sold out by the…

• 25 Jul 2022
• 9 min read
• 0

7 Key Residential Towns To Know From URA’s 50-Year Plans + A Tour Of Singapore’s City Gallery

Truth be told, I’ve never been one that was too keen on exhibitions. But I must say that the URA has done a fantastic job with the exhibition (called Space for Our Dreams) that showcases the planning concepts and proposals…

• 7 Jun 2022
• 11 min read
• 0

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

Slowest Growth Of Property Prices In Nearly 2 Years: What You Need To Know

The numbers are in for Singapore’s property market in Q1 2022 – and while prices are up as expected, there’s seemingly a glimmer of hope for struggling first-time buyers as the rise in prices have been tampered, and transaction volumes…

• 25 Apr 2022
• 6 min read
• 0

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
• 0

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
• 0

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
• 1

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
• 2

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
• 0

2021 Year-End Review Of The Singapore Property Market: Key Numbers And Trends

2021 has been an intense year. It’s the first full year of dealing with the pandemic, and it’s crazy to think how we’ve been living with Covid-19 for nearly two years already. There’s great hope that 2022 will see some…

• 31 Dec 2021
• 11 min read
• 0

Biggest Winners And Losers Of The New Property Cooling Measures: Which Side Are You On?

The much-anticipated property cooling measures have struck, as of 16th December 2021. As the smoke clears, it’s become apparent who comes out on top of this; and who ends up having to uh, “review” their real estate plans for the…

• 22 Dec 2021
• 6 min read
• 0

16 Dec 2021 New Property Cooling Measures Kick In: Here’s How It May Affect You

As of 16th December 2021, new property cooling measures finally happened. The shock isn’t too great this time, as most of the market saw it coming (perhaps most expected it would have been earlier than right now). Earlier we’d speculated,…

• 16 Dec 2021
• 7 min read
• 0

Why The 2 Pine Grove Plots Are The Next Property Sites To Watch

There haven’t been many Government Land Sales (GLS) sites in 2021, so almost any plot is likely to draw developer interest. However, the recent launch of two adjacent sites, at Pine Grove, may be the ones to watch – while…

• 10 Dec 2021
• 6 min read
• 0

$8.7 Million Profit? 5 Common Traits From The Biggest Property Gains And Losses

While most people can grasp basic concepts like “good location” or “good facilities”, the top gainers are almost always a surprise. Some of them can seem old and worse for wear, yet top the charts. Others can be in a…

• 23 Nov 2021
• 6 min read
• 0

10-Year MOP For Prime Region HDB Flats: All You Need To Know About The New PLH Model

The November 2021 BTO launch will be a big deal, introducing the new Prime Location Housing (PLH) model. This is a topic we covered in an earlier article; and it seems we now have a response. In this upcoming pilot…

• 27 Oct 2021
• 7 min read
• 0

Property Market Update: Private Home Sales Dip, While Prices Keep Climbing (August 2021)

2021 continues to be an interesting year. First-time homeowners continue to keep their fingers crossed, hoping for a break; while at the same time sellers wonder if now’s the time to sell (if you sell high, you might buy high…

• 25 Sep 2021
• 6 min read
• 0

New Private Home Sales Surged In July, Despite Viewing Restrictions: Here’s Why

You’d think that, with the return to Phase II restrictions, the number of property sales in July would be lower. As proof that nothing is truly predictable in real estate, we’ve seen the opposite. The number of private home sales…

• 20 Aug 2021
• 5 min read
• 0