The good times may be coming to an end in the private rental market with oversupply and tighter immigration policies taking a toll, say analysts. New figures from the Urban Redevelopment Authority (URA) yesterday show that while the sector is…
An architect stands to gain more than $1 million after winning a legal tussle over two pieces of land along River Valley Road. Mr Lim Koon Park, 47, had a verbal agreement with two men that entitled him to a…
The pressure on the public housing resale market appears to have eased further as the latest round of cooling measures continue to work their way through, with prices growing at their slowest pace in more than four years. Data from…
Pockets of price falls have surfaced in the latest official stats on the state of Singapore’s private property markets. These include industrial space and some residential categories, which slipped although the property market, as a whole, still remains firm. The…
Marina Bay Suites has obtained its Temporary Occupation Permit (TOP), officially marking the completion of the Marina Bay Financial Centre (MBFC) development. To meet the demand for larger-sized apartments in the new financial district, the 221-unit Marina Bay Suites features…
A cocktail of runaway private property prices, a new government policy and supply issues could inadvertently lead to a heating up of the executive condominium (EC) market. The EC market faces such “unintended effects” from three main areas. First, more…
In a candid assessment of the Singapore residential property market, CapitaLand yesterday warned of headwinds in the near term. Following the introduction of a 60 per cent cap on total debt servicing ratio that financial institutions must apply before issuing…
Singapore permanent residents (PRs) and other foreigners are buying fewer private homes. The number slipped for the second consecutive quarter in Q2 2013. Conversely, the number of private residential properties purchased by Singaporeans increased 14.4 per cent in the second…
More than 9,000 households in Singapore may have trouble paying off their mortgages when interest rates rise, a new report warns. Analysts from Religare Institutional Research made this calculation based on the statement by the Monetary Authority of Singapore on…
Private home units going for less than $1,000 per sq ft (psf) may seem rare these days but there are still projects offering homes at this level. It has become less common for developers to sell at this price level…
Singapore New Project Launches 