Wilkinson Road Bungalow Sold for $55.5 Million, Singapore Braces for Increased Chinese Property Demand, and More30th January to 6th February 2023 An old house along Wilkinson Road in District 15 has been sold for $55.5 million, which works out to $2,161 per sq ft (PSF) based on its 25,680 sq ft land area. Meanwhile, China’s reopening has sparked demand for Singapore property, with real estate agencies...
26th January – 30th January 2023 Private home prices rose at a slower pace in Q4 2022, rising 0.4% compared to the 3.8% hike in Q3 2022. Meanwhile, HDB resale prices logged their slowest quarterly growth for 2022, at 2.3% in Q4 2022. 1) Private home price growth slows to 0.4% in Q4 2022 Prices of private residential properties in Singapore grew at a slower pace in the fourth quarter of 2022, rising...
16th January to 25th January 2023 Urban Redevelopment Authority (URA) data shows that new private home sales declined 34.6% month-on-month and 73.8% year-on-year to 170 units in December 2022. Meanwhile, the HDB completed 20,000 flats in 2022, its largest annual number of flats in the last five years. 1. New private home sales drop 34.6% in December 2022 Private home sales, excluding executive...
60% of Sceneca Residence Units Sold on Launch Day, another BTO Project Faces Mouldy Issueand more10th January – 16th January 2023 This year’s first new residential launch Sceneca Residence sold 60% of its 268 units at an average price of $2,072 per sq ft (psf) during its launch on 14 January. Meanwhile, another Build-to-Order (BTO) project in Sumang Lane at Punggol West is faced with mouldy façade...
Luxury, Legacy and Lifestyle – The AtelierNew beginnings with your loved ones are an exciting phase of life to start anew and to grow. Forge new paths with The Atelier as it interprets the notion of luxury and opens new doors into the way residents live, work and play Time, the ultimate luxury Renown developer Bukit Sembawang Estates Limited took the lead on The Atelier’s choice locale in the coveted...
Tenet EC now 93.2% sold, mould-stained Anchorvale Parkview blocks to undergo repairs, and more4th January to 9th January 2023 Tenet executive condominium (EC) has sold 93.2% or 576 out of its 618 units following balloting by second-time buyers. Meanwhile, the Anchorvale Parkview flats within the Sengkang estate will undergo repair and redecoration works in the coming financial year. 1) Tenet EC now...
Price growth for private homes, HDB resale flats slows in 2022, and more28th December 2022 to 3rd January 2023 Singapore ended 2022 with private home prices and HDB resale prices rising slower at 8.4% and 10.3% year-on-year, respectively. Meanwhile, Sceneca Residence saw nearly 3,000 people flock to its show flat in Tanah Merah over the New Year weekend. 1) Growth in private home prices slowed in...
HDB investigating “vacant” BTO flats being sold on the open market, Sloane Residences obtains TOP, sells close to 90% of units, and more20th December to 27th December 2022 The Housing and Development Board (HDB) revealed that it is probing cases of “vacant” Build-to-Order (BTO) flats – or those which appear to have never been lived in – that are being sold on the open market. Meanwhile, Tiong...
PropertyGuru expects healthy property demand in 2023, new private home sales down 17.3% in November, and more13th December – 19th December 2022 Forecasting a “very healthy” demand for the property sector next year, PropertyGuru’s Chief Executive Officer Hari Krishnan said the company has no plans of cutting any jobs. Meanwhile, Singapore saw new private home sales, excluding executive condominiums...
Government ramps up supply of private homes, HDB to offer more BTO flats with shorter wait times, and more6th December to 12th December 2022 The Government has ramped up the private housing land supply on the Confirmed List under its Government Land Sales (GLS) Programme to 4,090 units for the first half of 2023, from 3,505 units in the second half of 2022. Meanwhile, Minister for National Development...
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