Yarwood Avenue GCB to enter the market again with $23m price

The two-storey bungalow comes with five en suite bedrooms, a basement, sheltered terraces, a car porch, a landscaped garden, a koi pond and a swimming pool. Image source: Knight Frank. A good class bungalow (GCB) in District 21 will once again…

Non-landed private resale home transactions drop 1.5% in September

OrangeTee & Tie said the decline in volumes was a recurring seasonal pattern observed over the previous years.  Transaction volumes for non-landed private resale homes dropped for the second consecutive month by 1.5 percent to 743 units…

No need to make flat sizes smaller, MND

The Ministry of National Development said existing two-room Flexi Build-to-Order flats within non-mature estates are already affordable housing options for singles.  There is no need to make flat sizes smaller as the existing two-room Flexi…

MND responds to queries on HDB rental flats applications

The MND stressed that with HDB soon embarking on redevelopment plans for many of the older blocks.  Png Eng Huat recently directed queries to the Minister for National Development regarding: the number of public rental flats that are unoccupied…

Seniors receive average LBS proceeds of $177,000

The Ministry of National Development noted that most seniors – after taking up the Lease Buyback Scheme – have enough CPF RA savings “to benefit from a lifelong income stream of about $1,000 per month on a household basis under…

More Singapore homeowners defaulting on mortgages

For the first half of 2019, there were 213 cases of mortgagee sales, compared with 258 for the whole of 2018. The figures are more than double the 123 mortgagee sales registered in 2014. While new home launches are witnessing brisk demand in…

The 9th PropertyGuru Asia Property Awards (Singapore) honours established and boutique developers

Established in 2011, the PropertyGuru Asia Property Awards (Singapore) is a highly-regarded accolade with every stage of its judging process being supervised by third-party BDO, one of the world’s largest networks of auditing and…

Tuas mega port project to greatly improve Singapore’s port operations

The new port is expected to become the world’s biggest fully automated container terminal once it begins operating in the 2040s. Prime Minister Lee Hsien Loong believes the future Tuas mega port gives Singapore the opportunity to “rethink…

HDB resale prices down 0.2% in September

However, resale flat prices within non-mature estates climbed 0.9 percent year-on-year as most have reached their minimum occupation period.  Prices of Housing and Development Board (HDB) flats marginally declined by 0.2 percent in September…

Sunseap bags tender to install solar panels at HDB blocks

The programme aims to promote and aggregate demand for solar PV systems across government agencies in order to achieve economies of scale. Sunseap Leasing has won the tender to install solar photovoltaic (PV) systems at 1,218 HDB blocks…