Transfer of HDB Flat Ownership is no longer allowed except for special cases
Point to ponder: Will this new rule further dampen the already gloomy private property market and affect the market valuesof private properties?
Singapore interest rates rise ahead of Fed’s decision
SINGAPORE - Local interest rates are inching up and investors are on edge as the countdown to Thursday's decision by the United States Federal Reserve begins in earnest. It is widely expected that the Fed will raise interest rates from near-zero…
Singapore Property Market Perking Up
The mood in the real estate sector has been mostly gloomy for a while but sentiment has clearly improved from this time last year with talk that prices could start bouncing off the bottom. There were 5,510 private property resales…
Demand up for high-end homes except for those on Sentosa
The outlook for home sales on Sentosa is bleak but demand for high-end private homes is growing elsewhere, including the surrounding District 4. Point to ponder: Demand for private homes on Sentosa is decreasing, how does this affect the prices of…
NUS Index shows prices for completed apartments, condos fall 0.3% in June 2015
Prices of non-landed private homes in Singapore dipped 0.3% in June 2015 over May, according to the National University of Singapore (NUS) flash estimate for its Overall Singapore Residential Price Index (SRPI) released on Tuesday.
Singapore’s private home vacancy rate soars to highest in 10 years
The vacancy rate for private residential units rose by 0.7 percentage to 7.9 per cent for the second quarter of this year, according to Urban Redevelopment Authority data released on Friday. It is the highest vacancy rate recorded since 8.4 per…
Resale transactions of HDB flats increased by 27.8% in second quarter
Resale transactions of HDB flats increased by 27.8% in second quarter from the first, as prices continued to drop. Point to ponder: Will the increase in resale transactions of HDB flat affect the prices?
Too early to lift property curbs
"Too early to lift property curbs", says MAS chief. Monetary Authority of Singapore managing director Ravi Menon said it is premature to relax the property cooling measures as the price correction in property has been modest.
Prime CBD rents in Singapore “to soften”
Property consultancy Cushman & Wakefield said on Thursday that it expects rents in Singapore's core CBD to soften by 13.6 per cent through 2016 while those in Hong Kong's greater Central area are set to rise by 12.4 per cent.…
Private Home Rentals Fell For The Second Month
Rentals of non-landed private homes in Singapore fell in June, 0.5 per cent from a month ago. On-year, rental prices were lower by 6.5 per cent. Analysts do not expect the trend to improve anytime soon amid stiff competition for…