Skirting minimum tenancy rule with early exit clause

Despite the prosecution of two men in December for providing short-term stays via Airbnb, some home rental agencies are still offering short-term accommodations to tenants by including an early termination clause into their contracts, reported…

What is the real estate market cycle? Is now the best time to buy residential properties in Singapore?

FORECASTING AND PREDICTING We all know that the development and construction of a building takes years, and this results in a lagged relationship between demand and supply for properties. As early as 1876, an American political economist and…

Knight Frank names new residential head for Asia Pacific

Knight Frank has appointed Victoria Garett as head of residential for Asia Pacific, based in Singapore. Garrett, who spent four years in Dubai as Knight Frank’s head of the new homes team, relocated to Singapore in August 2017, focusing…

Slight rise in number of property agents this year

There are now 28,571 registered property agents in Singapore. The number of registered property agents in Singapore rose slightly to 28,571 as at 1 January 2018, up from 28,397 during the same period last year, according to data released by…

Cooling measures a “retardant” to property market’s recovery

With the property market expected to finally make its long-awaited recovery, some analysts see the government’s cooling measures as a “retardant” to the market’s momentum of recovery. Ong Teck Hui, national director of…

Sixth Avenue Centre joins en bloc sale frenzy

Freehold mixed-use development Sixth Avenue Centre has jumped in the collective sales bandwagon, carrying an indicative guide price of $90.5 million. Factoring a development charge of around $526,000, the price works out to a land rate of $2,022…

2 freehold landed projects off Upper Bukit Timah launching this Friday

Artist’s impression of Kismis Residences, the first new launch of 2018.   Singapore-listed property developer Low Keng Huat is launching two new freehold landed housing projects this Friday (5 January) to kick off 2018, marketing…

Your guide to Seller Stamp Duty in Singapore

Taxes have always been something that everyone in the world has to deal with. In Singapore, taxes are unavoidable in various aspects, and there are specific ones for the transactions of properties as well. One major and common tax is the Seller…

City Towers attempts another collective sale at $355m

Each homeowner could receive $2.45 million to $10.17 million if the sale goes through. (Photo: Colliers International)  The freehold City Towers condominium at 317-325Q Bukit Timah Road will be put up for collective sale again this Thursday…

Construction sector remained sluggish in Q4 2017

Singapore’s construction segment continued to weaken for the fourth straight quarter in Q4 2017, declining by 8.5 percent on a quarterly basis due to sluggish building activities in the private sector, reported TODAYonline, citing statistics…