April 2021

NOTWITHSTANDING the cloud of uncertainty induced by the Covid-19 pandemic, the primary residential market has seen strong interest from homebuyers and investors, buoyed by positive sentiment, abundant liquidity, and low interest rates. The Business Times - Read...

THE retail sector is dynamic, constantly responding to varying needs and ever-evolving consumer behaviour. Transformed by the Internet, today's retail landscape is a different creature from what it was more than a decade ago, with the pace of change rapidly increasing. The Business Times - Read...

BY AND large, Singaporeans' dream of owning and living in a private residential property remains very much intact despite the pandemic and economic downturn - as reflected by the healthy private new home sales in 2020. The Business Times - Read...

REAL estate markets have been booming globally amid the macroeconomic headwinds and market uncertainties. Strong buying sentiment, fuelled by record-low interest rates and ample liquidity, drove up prices of properties higher in many advanced cities. The Business Times - Read...

THE last residential en bloc sales boom from 2017 to mid-2018 remains fresh in our minds, so it may be a surprise to many to hear of a possible revival in this market after only a few short years. The Business Times - Read...

THE United States is launching a US$1.9 trillion stimulus package that could catalyse global economic recovery and global trade volumes. This large economic rescue package will be a booster to Singapore, given her open economy and high dependence on global trade. The Business Times - Read...

AT THE onset of the Covid-19 outbreak, safe distancing and circuit breaker measures necessitated the implementation of flexible working arrangements. Even when Singapore transitioned to phase three of reopening, most firms have been adopting a hybrid approach that entails both office-based and remote working. The Business Times - Read...

Singapore private home prices up 2.9% in Q1 2021Eden was fully sold for $293 million, or at an average price of $4,827 psf.  Private home prices in Singapore have continued to move on an upward trend, rising 2.9% in Q1 2021, showed flash estimates from the Urban Redevelopment Authority (URA) on Thursday (1 April). URA revealed that landed property prices increased 5.6% in Q1 2021, reversing the 1.6% drop...

Suggestions to use the large tracts of land in Jurong include building more homes, community facilities and a retirement village.  The large tracts of land in Jurong that were previously earmarked for the terminated Kuala Lumpur-Singapore High-Speed Rail (HSR) project can be used to build more homes, community facilities and a retirement village, reported Channel News Asia (CNA) citing property...

HDB resale prices up 2.8% in Q1HDB resale prices have continued to increase for the fourth consecutive quarter, according to the Q1 2021 Resale Price Index flash estimates.  Resale prices of Housing and Development Board (HDB) flats rose 2.8% in the first quarter of 2021 – or its fourth consecutive quarterly increase, showed the Q1 2021 HDB flash estimates on Thursday (1 April). HDB resale prices...