Private condo rents may grow by 2% in 2019

Leasing trends appear to be positive given the falling vacancy rate and growing rents, according to a report. Rents of private condominium units in Singapore are expected to increase by 2.0 percent by end-2019, reported Singapore Business Review…

20,100 HDB households benefitted from Proximity Housing Grant

This figure is almost double the 11,000 households that enjoyed the initiative from 2015 to 2017.  Around 20,100 households have benefited from the Proximity Housing Grant as of end-2018 since the scheme was introduced in 2015, reported…

3,500 rental tenants purchased first home since 2013

These rental flat tenants were able to buy their new homes with the help of HDB housing grants. About 3,500 rental flat tenants bought their first home in the Build-to-Order (BTO) or Sale of Balance Flats (SBF) exercises since 2013, of which…

How to spot excellent rental opportunities as a tenant

If you have been following up with Singapore’s property markets over the past year, there has been mainly one specific trend: recovery. Singapore’s recovery across the various markets, and particularly the office and residential…

Majority of Braddell View owners approve $2.08 billion price for en bloc sale

If the sale goes through, it would become Singapore’s most expensive en bloc deal, exceeding the $1.34 billion sale of Farrer Court in 2007. (Photo: HDB) The 918-unit Braddell View residential project in District 20 is poised to be launched…

Shorter waiting time to book HDB flats

Flat buyers can now book unsold units from the Re-Offer of Balance Flats pool at any time of the year. Home buyers can look forward to shorter waiting times to book HDB flats as the government has unveiled a new scheme to secure a flat. It allows…

Mega transport projects to propel construction industry growth

Construction of new train lines, a huge road network as well as a mega port will drive the local construction industry in the next decade.  Singapore’s construction sector is expected to grow by 3.3 percent on average from 2019 to…

Koh Brothers to launch new projects in Holland Village

The homegrown developer plans to launch three freehold developments in Holland Village this year, including the former Toho Mansion en bloc site. Homegrown property developer Koh Brothers saw its net profit for the fourth quarter of 2018 drop…

SingHaiyi reports robust financial results

The Group acquired the Sun Rosier condominium off Bartley Road for $271 million in 2017. (Photo: Google Maps) The value of SingHaiyi Group’s development properties nearly doubled from $268.5 million as of 31 March to $525.8 million as…

Tulip Garden collective sale successfully completed

The freehold development along Farrer Road was sold for a whopping $906.9 million in 2018. (Photo: Colliers International) The $906.9 million sale of Tulip Garden to Asia Radiant was successfully completed on 31 January 2019, revealed Colliers…