News / Blog

As the disappointment of the HSR cancellation wore off, the Singapore Tourism Board (STB) had on March 15 launched a request for proposals (RFP) to develop and operate an integrated tourism development at Jurong Lake District. With the launch of the RFP, STB now estimates completion of the tourism development to take place from 2028.  […]

Image Credit: HDB Under the EIP Buyback Assistance Scheme, HDB will offer to buy back flats on a case-by-case basis for eligible owners who face “genuine difficulties” selling their homes due to EIP. PropNex CEO, Ismail Gafoor noted that EIP affected sellers often take at least a year longer to sell their flats, compared to

Bukit Batok West Ave 8 EC Dairy Farm Walk Condo The latest Government Land Sales (GLS) tenders for two 99-year leasehold housing sites have been met with keen interest as developers seek to replenish their depleting land bank in OCR. The top bid for an executive condo (EC) housing site in Bukit Batok was $661.67

3,953 BTO flats launched across 4 towns/ estates. If you are looking for the shortest waiting time, go for the Yishun BTOs as they have a completion time of less than 36 months.  Submit your application by 23 February 2022, 11:59pm at https://homes.hdb.gov.sg

Property tax rates for both owner-occupied and non-owner-occupied residential properties will go up in 2 steps starting from 2023. The move appears to be manageable as the steeper increase is for high-end properties owned by the affluent. For investment properties, the increase is up to $1,400 in annual taxes for condominiums in central locations which

A summary of the news headlines relating to the property market in 2022. Singapore still draws global investments into the country while enhanced cooling measures were introduced to keep the market sustainable in the long run. Are there still opportunities to capitalise on properties to mitigate the rising inflation? Will real estate win or lose in 2022?Drop

The recent cooling measures did not come as a surprise to many as it was discussed several times this year in the media and in many consumer seminars.  House prices globally continue to rise. According to Knight Frank Global Price Index, the value of an average home increased by 9.45% in the 12 months to

Image Credit: EdgeProp Entities linked to Chip Eng Seng, Sing Haiyi joint venture and Ultra Infinity have made a joint $650 million bid for the combined development of Peace Centre and Peace Mansion, by way of a private treaty, making it the largest collective sale this year. A KSH Holdings subsidiary, SLB Development and Ho

4,501 BTO flats on offer across 6 locations. Launched under the new Prime Location Housing model are River Peaks I & II Central Area (Rochor) BTO flats, which are to curb resale speculation. 280 3-room units and 680 4-room units will be up for grabs and we expect this to be one of the most popular

With resale HDB prices rebounding back to its peak within a year, it has allowed some 7,169 HDB upgraders to buy new and resale private homes in the first three quarters this year, a jump of over 21 percent compared with the same period last year.  Straits Times reported that this puts the number of