Land Betterment Charge for Non-landed Residential Use Slashed, Orchard Retail Rent to Rise 6% in 2023, and More29 August to 4 September 2023 SLA has released the revised Land Betterment Charge (LBC) for the next six months starting 1 September 2023, with the rates cut for non-landed residential use and increased for commercial and hotel use. Meanwhile, retail rents at Orchard Road are forecasted to...
HDB Plus Flat Owner Rental Restrictions, First-timer Families Will Enjoy Priority for Standard BTO Flats, and More22 to 28 August 2023 The new Plus flat model will come with several conditions such as an income ceiling of $14,000 for resale buyers and a ban to rent out the entire flat at any time. Meanwhile, the Singapore Land Authority (SLA) and Urban Redevelopment Authority (URA) have launched a new...
HDB Launches Plus, Prime, and Standard BTO Flats, Singles Can Soon Buy 2-room Flexi Flats Across Singapore, and More15 to 21 August 2023 HDB has introduced a new BTO classification system, replacing the long-standing mature and non-mature estate labels. Meanwhile, singles aged 35 and above will be allowed to apply for new 2-room Flexi BTO flats across all locations from H2 2024. 1. HDB to launch new...
8 to 14 August 2023 Three Q3 2023 major new condos – TMW Maxwell, The Arden, and Orchard Sophia – launched over the weekend. Meanwhile, ahead of Prime Minister Lee Hsien Loong’s National Day Rally 2023 speech, property experts predict the announcements he could make. 1. TMW Maxwell sells seven units across its launch weekend Buyers snapped up 9%, or seven of the 80 units released for sale...
Altura EC and The LakeGarden Residences Sell 61% and 63% of Units Over Launch, Respectively, and More1 to 7 August 2023 The LakeGarden Residences sold 23% or 71 of its 306 units at an average price of $2,120 per sq ft (PSF) during its launch over the weekend. Meanwhile, the Altura executive condominium (EC) sold 61.1% or 220 out of its 360 units at an average price of $1,433 PSF – setting a new record...
TMW Maxwell, Orchard Sophia, and The Arden Preview Over the Weekend, August BTO 2023 Launch Postponed to September 2023, and More25 to 31 July 2023 TMX Maxwell, Orchard Sophia, and The Arden previewed over the weekend. Meanwhile, HDB has pushed back the August BTO 2023 launch to end-September 2023. 1. TMW Maxwell previews units from $3,188 per sq ft (PSF), attracts over 1,000 visitors TMX Maxwell saw...
The LakeGarden Residences and Altura Open For Preview, May 2023 BTO and SBF Results Delayed till August 2023, and More18 to 24 July 2023 The LakeGarden Residences, Wing Tai Holdings’ condominium project in Jurong, has opened for preview, with prices starting at just below $2,000 per sq ft (PSF). Meanwhile, Qingjian Realty and Santarli Realty have opened Altura Executive Condominium (EC) for preview on...
Grand Dunman and Pinetree Hill Sell Over 50% and 38% of Units Over Launch Weekends, Respectively, Six Upcoming BTO Projects in Mount Pleasant, and More10 to 17 July 2023 Grand Dunman sold 550 or 54.6% of its 1,008 units during its launch over the weekend at an average price of $2,500 per sq ft (PSF). Meanwhile, Pinetree Hill, UOL Group, and Singapore Land Group’s residential project in Ulu Pandan moved...
Black and White Houses May See Longer Leases, Lentor Hills Residences and The Myst Launch Over the Weekend, and More4 to 10 July 2023 Lentor Hills Residences sold 298 units or about 50% of its 598 units at an average price of $2,080 per sq ft (PSF) over its launch weekend. Meanwhile, City Developments Limited’s (CDL) The Myst sold 27% of its 408 units at an average price of $2,057 PSF during its launch...
Pinetree Hills Preview Prices From $2,236 PSF, Kingsford Emerges As Top Bidder for Marina Gardens Lane GLS Site, and More27 June to 3 July 2023 Pinetree Hill, UOL Group and SingLand’s joint condominium project within the Mount Sinai area has been launched for preview on 29 June 2023, with prices starting from $2,236 per sq ft (PSF). Meanwhile, the Marina Gardens Lane Government Land Sales (GLS)...
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