COVID-19 Outbreak: Singapore economy to contract 0.6% in Q1

A major trade partner with China, the city-state’s economy is expected to contract 0.6% in the first quarter of 2020 – a first since the 2009 recession following the global financial crisis. Economists expect the effects of the coronavirus…

HDB to offer more two-room flats in May and August sale exercises

The upcoming BTO exercises in Tengah, Choa Chu Kang and Woodlands will offer more two-room flats for singles 35 years old and above.  HDB will offer more two-room Build-To-Order (BTO) flats in Tengah, Choa Chu Kang and Woodlands as more…

Tedge to open showflat to the public this Saturday

The mixed-development project in District 14 offers 42 residential units, as well as commercial shops.  Tedge, Macly Group’s latest mixed-development project at Changi Road, is set to open its showflat to the public this Saturday…

Wing Tai Asia sells 70% of The M over Its launch weekend

Majority of the buyers were Singaporeans in their 30s and 40s, comprising both investors and owner-occupiers.  Despite the coronavirus outbreak, Wing Tai Asia sold 70% or more than 360 units at its latest condominium project, The M, over…

64% of Luxus Hills units sold during private preview

The final phase of the development saw 64% of its units sold through a limited release.  Following private previews, Bukit Sembawang Estates Limited sold over 64% or 25 out of the 39 units at the Luxus Hills (Contemporary Collection). The…

How will Singapore’s market mask up in light of COVID-19?

COVID-19 – A virus originated from the province of Hubei, China that took the world by storm. First discovered on the 1st of December 2019, the highly infectious pathogen has transmitted its way all over the globe. To date, there have…

No plans to ease property curbs: Deputy PM

His statement comes after developers made renewed calls to loosen a measure penalising them for their failure to complete and sell new projects in five years.  Singapore’s Deputy Prime Minister and Finance Minister Heng Swee Keat…

Budget 2020: Government unveils measures to fight climate change, support sectors affected by outbreak

HDB will also roll out a new Green Towns Programme to recycle rainwater, reduce energy consumption and cool the towns. The Singapore government introduced a slew of measures in one of its most expansionary budgets. These include measures to…

Larger BTO flats most popular among home seekers

Canberra Vista, the Build-To-Order (BTO) project in Sembawang saw over 10 applicants competing for each of the 266 units of five-room and three-generation flats. Bigger flats proved to be most popular among home buyers at this year’s first…

Private home sales up 14.9% in January

The figure also marked the best January showing since 2013, when 2,028 units were transacted. Photo: JadeScape emerged as the best-selling project in January 2020.  Despite the Chinese New Year festivities and the coronavirus outbreak,…