Property

Budget 2024 had a lot to offer single Singaporeans. Singaporeans aged 55+ can claim their refund for the Additional Buyer Stamp Duty on their second house, subject to certain conditions. The ABSD is a substantial amount as a Singaporean purchasing a second residence pays ABSD (20%). The ABSD total refund for a Singaporean buying a … Read more

As of today at 5pm, the opening weekend (June 22-23) of Sora’s sales gallery in Prinsep Street had drawn 3,000 visitors. A 440-unit condo on Yuan Ching Road is being developed by SingHaiyi, a consortium including KSH Holdings, and Ho Lee Group. The project features a frontage of 300m to Jurong Gardens. The turnout was … Read more

The Urban Redevelopment Authority released three residential sites on Thursday, June 13, for the first half 2024 Government Land Sales (GLS) program. Three sites are located on Dairy Farm Walk (Dairy Farm Walk), Tengah Garden Avenue (Tengah Garden Avenue) and Bayshore Road. Kassia Condo @ Flora Drive is launching soon on 6th July 2024. Get … Read more

Residents of suburban condominiums are able to access a number of amenities in their complexes, as well public transportation, shopping and healthcare facilities nearby. After the Covid-19 Pandemic, private home prices in the United States have soared. Suburban condos are leading the pack among non-landed houses. Kassia Condo Pricing has been expected to be the … Read more

A URA press statement dated 22 April stated that an undisclosed builder has been responsible for the release of Zion Road parcel B. The site will be put up for sale in a public auction next month. The Zion Road, parcel B plot, is a reserve area under the Government Land Sales 1H2024 programme. Reserve … Read more

FRASERS, a Singapore-based property developer, is reportedly in advanced negotiation for a possible sales of its 72 unit serviced-apartment complex and three conserved warehouses located along the Singapore River. Tuan Sing Holdings’ affiliate is said to be the likely buyer. The Business Times knows that it is the exclusive due-diligence company for a purchase worth … Read more

Huttons Asia released its latest quarterly report for the landed properties segment. It shows 296 transactions, excluding Good Class Bungalows (and cluster houses), in 1Q2024. This represents a sales value totaling $1.7 billion. In comparison to 4Q2023, there was a 21.3% rise in the volume of transactions, and a 30% increase in total sales. In … Read more

Analysts report that housing demand is strong because it’s close to schools and Science Park. Media Circle, which was zoned for a business park, may be rezoned to allow for the construction of new homes soon. This is according to an update issued by the Urban Redevelopment Authority Friday (May 3). A plot of land … Read more

The private home rental market is moderating. According to data from the Urban Redevelopment Authority, they fell by 2.1% quarter-on-quarter in Q4 of 2023. Residential landlords in the United States have enjoyed a successful run. Private home rentals grew 8.7% in 2023 after a jump of 29.7% in 2022. The tax rate on homes is … Read more

SINGAPORE’S population is ageing rapidly and this could this be a major obstacle for the market of private homes? Singapore’s median age rose from 37.4 to 42.1, or 42.1, years at mid-2022. In mid-2022, 16.6% of the population will be 65 or older compared to only 9% in mid-2010. The rise in home loan rates … Read more