Keen bids expected for housing sites in Lentor and Tampines

Both 99-year leasehold plots could yield nearly 1,200 units in total The hot housing market – for private and Housing Board flats – and developers’ need to replenish their land bank look set to ignite demand for government land sale (GLS) sites this year, with two plots in particular standing out from the pack. A[…]

HDB resale prices up for nine months in a row

BTO flat delays, rising values in private home market, improving sentiment cited as factors The hot streak continues for Housing Board flats, with resale prices up again last month – the ninth straight month of increase – and the all-time high now within touching distance. Buyers are being driven to the sector by a cocktail[…]

Nanofilm founder’s wife buys Nassim Road GCB for $128.8m

A Good Class Bungalow (GCB) in Nassim Road has been sold for $128.8 million to the wife of the founder of Nanofilm Technologies International – a local nanotechnology solutions company. Property website EdgeProp reported on Tuesday that Ms Jin Xiao Qun had bought the 32,159 sq ft property – about the size of 33 four-room[…]

Room for growth in private home sales if foreign buyers return

Developers sold 23,000 units in 2013-2014 but just under 10,000 in each of past 2 years, says CDL While Housing Board upgraders have helped keep new private home sales buoyant, the possible return of foreign buyers amid vaccine roll-outs and more open borders could fire up the market, a City Developments (CDL) official said yesterday.[…]

En bloc fever making cautious comeback in Singapore

SINGAPORE – En bloc fever last swept Singapore in 2016 before the 2018 cooling measures effectively doused it, but the heat is building up again, with at least 10 projects launched for sale since the start of the year. More than 20 other developments,¬†including Golden Mile Complex¬†and Thomson View, have also started the collective sale[…]

Condo, HDB rents rise again in Feb on lower volumes

Rents kept heading north last month for private apartments and Housing Board flats, as lease numbers for both fell amid the double whammy of the Chinese New Year lull and Covid-19 restrictions. Rents of condominiums and private apartments rose 1 per cent from January to February while HDB rates increased 0.5 per cent, according to[…]

HDB flat-buying process to be further streamlined

Buyers can soon submit documents and be assessed for grants, loans in one application Flat buyers can soon submit their documents and be assessed for grants and loans in one application, instead of having to send multiple applications. Buyers can also apply for housing loans from participating financial institutions directly on the Housing Board flat[…]