SINGAPORE – Development charge (DC) rates for non-landed residential use have been cut again amid a weaker economic outlook and muted Government Land Sales (GLS)… Read More »Development charge cuts could help developers grappling with cooling measures and virus outbreak
On Feb 19, Deputy Prime Minister Heng Swee Keat told Bloomberg TV that the Government has no plans to ease property cooling measures. “It is… Read More »What Covid-19 does to already fragile residential market
Landlords of retail property might have to take a hit on rents this year as the virus deters shoppers from frequenting malls and restaurants. Real… Read More »Retail property rents may take hit this year amid outbreak: Study
SINGAPORE – With business affected by the coronavirus outbreak, food and beverage (F&B) outlets waiting for promised rental rebates said landlords are dragging their feet.… Read More »Coronavirus: Restaurant association disappointed in landlords’ foot-dragging on rental rebates
Another big Singapore landlord has announced measures to help tenants of its malls cope with the business impact of the coronavirus outbreak. Frasers Property Retail… Read More »Frasers Property rolling out support package for mall tenants
SINGAPORE – To help home buyers access flats more quickly, the Housing Board will scrap the existing Re-Offer of Balance Flats (ROF) exercises. All unsold… Read More »Parliament: HDB to scrap Re-Offer of Balance Flat exercises; single unwed parents can buy new 3-room flats in non-mature estates
Some developers see 0.83ha Bukit Timah plot turning into mini-Dempsey Hill A relatively quiet plot in Bukit Timah, anchored by Spruce the restaurant, could be… Read More »Old Bukit Timah fire station site ready for spruce-up
This led to surge in mortgagee-sale listings; time taken to sell such property longer now Buffeted by economic uncertainties as the United States-China trade war… Read More »More prime district home owners defaulted on loans in 2019
4,578 units that were less than 10 years old changed hands, 33.4% up from previous year Increasing numbers of home owners have been selling their… Read More »Sales of newer HDB flats hit 9-year high in 2019
They have priority claims ahead of other unsecured creditors Home buyers left in the lurch after a developer went bust will now have priority claims… Read More »Condo developer goes bust: Court ruling provides home buyers relief
SINGAPORE – Computer salesman Thomas Chua, 67, has a tenant from China who is due to return to Singapore this week. But Mr Chua has… Read More »Coronavirus: Some landlords in Singapore, fearing infection risk, turn away tenants returning from China
SINGAPORE – Landlords who evict tenants who are on home quarantine order or leave of absence (LOA), or based on nationality during the coronavirus situation… Read More »Coronavirus: Landlords who evict tenants on home quarantine, leave of absence or based on nationality may be barred from renting out flats