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The Arcady and Hillhaven Sell 51 and 59 of their Units Over Launch Weekend, Fewer HDB Resale Flat Buyers Paid COV in 2023, Respectively, and More

The Arcady and Hillhaven Sell 51 and 59 of their Units Over Launch Weekend, Fewer HDB Resale Flat Buyers Paid COV in 2023, Respectively, and More16 to 22 January 2024 Hillhaven and The Arcady at Boon Keng sold over 50 units during their launch over the weekend. Meanwhile, fewer buyers of resale HDB flats paid cash over valuation (COV) last year, at only 15% over the last three months of 2023.   1....

Lumina Grand EC and Hillhaven Preview Over the Weekend, RTS Link Singapore Achieves 65% Completion, and More

Lumina Grand EC and Hillhaven Preview Over the Weekend, RTS Link Singapore Achieves 65% Completion, and More9 to 15 January 2024 Over the weekend, City Developments Limited (CDL) opened Lumina Grand for e-applications, with sales booking set to start on 27 January 2024. Meanwhile, Far East and Sekisui House are set to launch Hillhaven, a 99-year leasehold condominium project at Hillview Rise, on Saturday...

HDB Reduces Four Yearly BTO Launches to Three, Government Says Housing Prices Will Not Rise Indefinitely, and More

HDB Reduces Four Yearly BTO Launches to Three, Government Says Housing Prices Will Not Rise Indefinitely, and More3 to 8 January 2024 HDB will reduce the number of BTO sales exercises it conducts per year, from four to three. Meanwhile, National Development Minister Desmond Lee does not expect home prices to rise indefinitely given the signs of moderation in the public and private home markets.   1. HDB...

Private Home Prices Up 2.7% in Q4 2023, HDB Resale Prices Climb at a Slower Pace in Same Time Period, and More

Private Home Prices Up 2.7% in Q4 2023, HDB Resale Prices Climb at a Slower Pace in Same Time Period, and More27 December 2023 to 2 January 2024 Singapore saw prices of private homes increase by 2.7% in Q4 2023, following a 0.8% growth and 0.2% decline in Q3 and Q2 2023, respectively – showed flash estimates from the Urban Redevelopment Authority (URA). Meanwhile, prices of HDB resale flats increased by...

Rental occupancy limit raised for Bigger HDB Flats and Private Homes, Tuas Set for Reclamation Works From 2025, and More

Rental occupancy limit raised for Bigger HDB Flats and Private Homes, Tuas Set for Reclamation Works From 2025, and More19 to 26 December 2023 The occupancy cap for bigger HDB flats and private homes will be temporarily raised from six to eight unrelated people who are not from the same family unit from 22 January 2024 to 31 December 2026. Meanwhile, PropertyGuru expects buyers to purchase houses for their...

NTU, NUS Students Continue to Sublet Hostel Rooms on Social Media, Heightened Interest for JB Properties, and More

NTU, NUS Students Continue to Sublet Hostel Rooms on Social Media, Heightened Interest for JB Properties, and More12 to 18 December 2023 Buyers of Singapore’s first assisted living flats in Bukit Batok will have to wait longer for their homes after the project’s main contractor has been terminated by HDB due to unsatisfactory site progress. Meanwhile, new private home sales surged in November 2023,...

The HDB BTO Dec 2023 Sales Exercise Has Launched, West Coast MRT Station Construction to Start in Q1 2024, and More

The HDB BTO Dec 2023 Sales Exercise Has Launched, West Coast MRT Station Construction to Start in Q1 2024, and More5 to 11 December 2023 With the Singapore Interbank Offered Rate (SIBOR) set to be discontinued by end-2024, around 30,000 homeowners with mortgages tied to SIBOR have already switched to alternative loan packages. Meanwhile, HDB launched 6,057 HDB BTO Dec 2023 flats across seven estates:...

Up to 100% Property Tax Hike in 2024, Updates on the HDB BTO Dec 2023 Launch, and More

Up to 100% Property Tax Hike in 2024, Updates on the HDB BTO Dec 2023 Launch, and More28 November to 4 December 2023 The government will hand out a one-off property tax rebate of up to 100% for owner-occupied homes next year to cushion the expected hike in property taxes. Meanwhile, Singapore will embark on a decades-long project to integrate coastal protection with future reclamation along its east...

Siblings File Lawsuit Over Mother’s Assets, Orchard Road Rents to Increase By Up to 6%, and More

Siblings File Lawsuit Over Mother's Assets, Orchard Road Rents to Increase By Up to 6%, and More21 to 27 November 2023 The lease on the land presently occupied by Raffles Town Club will not be renewed once it ends on 17 October 2026. Meanwhile, residents of Dairy Farm Residences were upset to find that their monthly maintenance fees would be way higher than what was advertised.   1. Raffles Town Club site...

Watten House Sells 57% of Units During Launch Weekend, Rainwater Leak Costs Condo Owner $60,000, and More

Watten House Sells 57% of Units During Launch Weekend, Rainwater Leak Costs Condo Owner $60,000, and More15 to 20 November 2023 Watten House, UOL Group and Singapore Land Group’s (SingLand) freehold condominium project in District 10, sold 57% or 102 of its 180 units during its private preview on 18 November 2023. Meanwhile, the owner of a luxury 4-bedroom apartment in Farrer Road saw rainwater leaks...

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