URA excludes pricing data on foreign home buying in Realis

Realis’ users, however, can still analyse transactions by nationality against other variables like land tenure and postal district.  The Urban Redevelopment Authority (URA) has excluded certain pricing data on foreign buying in the…

"Irresponsible" scare tactics by property investment educators and agents slammed by authorities

CEA has warned real estate agents against using “inaccurate, false and misleading claims” to pressure HDB owners into selling their flats for the sake of earning more commission. Property investment educators and real estate agents…

Knight Frank sold 25% of properties put up for auction in October

Amongst the properties sold, a two-storey semi-detached home at 14 Lorong Kismis attracted 14 bids and was sold for $1.32 million, which is up 20% from its $1.1 million opening price. Knight Frank sold 25% of the auctioned properties…

HDB sees more reports on social disamenities during circuit breaker

Social disamenities relating to noises, cigarette smoke and foul smells increased from 600 cases per month between January to March, to 2,100 cases per month from April to July. With more people working and studying from home due to the circuit…

Concessionary property tax rates automatically granted to EC, HDB, DBSS flat owners

Only owner-occupied residential properties enjoy concessionary property tax rates. Properties which are rented out or vacant do not enjoy this concession, said Deputy Prime Minister Heng Swee Keat. The Inland Revenue Authority of Singapore…

Battle of the BTOs: November 2020 Launch (Part 1)

The demand for BTOs in 2020 has been fierce, to say the least, with the August BTO launches being oversubscribed within a day of a one-week launch period. The potential delays for the completion of BTO launches due to Covid-19, as announced…

Government extends all construction contract deadline by four months

Affected homebuyers can seek reimbursement from developers, including the Housing and Development Board (HDB), for out-of-pocket costs due to construction delays, such as when they would have to rent a place for a longer period. A bill passed…

Singapore bank lending declines for seventh consecutive month in September

However, consumer loans increased 0.3% month-on-month to $256.18 billion in September, buoyed by share financing and housing loans. Singapore bank lending fell for the seventh consecutive month in September due to weaker business loans, reported…

Singapore, Vietnam see more V-shaped recovery in Asean

Maybank’s economists attributed Singapore and Vietnam’s more “V” recoveries to generous government subsidies, low interest rates, high household savings rate and work-from-home policies. Singapore and Vietnam boast…

High cases of Dengue persist, with landed homes being the hardest hit: NEA

32,806 dengue cases have been reported so far, making this more than double the number of cases for the whole of 2019, and the largest dengue outbreak in Singapore’s history.  Singapore continues to see rising cases of dengue, with…