Residential listings under mortgagee sale grow by 14.4% in Q3 2019

The growth in residential listings under mortgagee sale was due to added pressures on owners that were overly exposed in the middle of increased volatility in the financial markets.  The number of residential listings under mortgagee sale…

Irwell Bank Road residential site for sale for $650m

This residential site was also launched under the government land sales (GLS) programme’s confirmed list for the second half of 2019. A residential site at Irwell Bank Road has been launched for sale by the Urban Redevelopment Authority…

HDB to install 6,000 digital display panels in housing estates

Residents will be able to keep up with local estate news, nationwide updates on public health advisories and emergencies, and more. Image source As part of Singapore’s Smart Nation drive, the Housing and Development Board (HDB) will pilot…

Rents for ultra-luxury residential properties grow 10.6% in Q3 2019

Rental yields for the ultra-luxury properties increased from the previous quarter but remained unchanged for the mass market residential properties. Rents for ultra-luxury residential properties grew 10.6% quarter-on-quarter (QoQ) for Q3 2019…

No recession for Singapore “at this point in time": Chan Chun Sing

Singapore’s Minister for Trade and Industry Chan Chun Sing believes that the city-state would not be entering a recession for now, reported CNBC. Often seen as a bellwether for global growth, Singapore’s economy avoided a technical…

Condominium prices in RCR sees 6.3% rise in Q3 2019

The growth was partly due to the revealing of plans for the Greater Southern Waterfront at the National Day Rally.  Condominium prices in the Rest of Central Region (RCR) grew 6.3% year-on-year (YoY) in Q3 as compared to Q3 2018, reported…

Midwood condominium sees 24 units sold during launch weekend

Developer Hong Leong Holdings has sold 24 units out of the 50 it released over the launch weekend of its Midwood condominium, reported The Business Times. The 99-year leasehold project’s apartment sizes range from 484 sq ft for single-bedroom…

The Rise of Mixed-Use Developments In Singapore

The concept of mixed-use developments is not new to many and this is a trend that the government is moving towards to better utilise our land use. This is evident from the CBD Incentive Scheme that was being announced at the Urban Redevelopment…

Private home prices, HDB resale prices up in Q3 2019

Meanwhile, buyer demand for HDB resale flats has remained surprisingly resilient, with 6,264 resale flats changing hands, which is almost on par with the 6,276 units transacted in Q2 2019. Despite rising global uncertainties, the impact…

Paya Lebar Quarter by Landlease officially launched

Minister for National Development and Second Minister for Finance, Lawrence Wong said that the mixed development is a “tremendous opportunity to reimagine and remake Paya Lebar for the future, even for the next century”. Image source:…