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News

New private home sales hit a more than 2-year high amid recession

15 October 2020
The private home market continues to defy gravity amid the pandemic, with last month’s sales up for a fifth straight month to hit levels
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Resale condos see strong sales again in September with prices stable

13 October 2020
The prices of resale condominiums held firm amid robust demand in September, with more than 1,000 units sold for three straight months.
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Loan repayment relief measures for individuals, SMEs extended into 2021

5 October 2020
Relief measures to help individuals and small- and medium-sized enterprises (SMEs) with cash flow difficulties will be extended into 2021.
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Semi-detached house in Toh Tuck Road sold to S’porean family for $3.4 million in 8 minutes in virtual auction

2 October 2020
It took only eight minutes for a two-and-a-half storey semi-detached house in Toh Tuck Road to be sold for $3.4 million in a virtual
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Prices of HDB resale flats up 1.4% in third quarter

2 October 2020
Resale prices of Housing Board flats rose in the third quarter of this year, with the resale price index reaching 133.7, said HDB yesterday.
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Over 60% of units sold at launch of Penrose

28 September 2020
About 341 units (or 60.3%) out of a total of 566 units at Penrose condo were sold on its launch weekend on Sept 26-27.
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Hungry ghosts, recession no match for Singapore buyers as new home sales hit 11-month high

15 September 2020
Bucking Singapore’s worst recession and the Hungry Ghost month, new home sales in Singapore continued to rise for a fourth straight month, reaching the
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Skyscraper resale flat prices in Singapore hit new highs despite Covid-19 crisis

13 September 2020
andemic or not, buyers are still paying top dollar for skyscraper HDB resale flats, particularly those at Pinnacle  @   Duxton and other prime areas.
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Private home resale volume hits 2-year high in Aug

9 September 2020
The number of private non-landed homes resold hit a two-year high last month while prices firmed slightly in what observers see as another sign
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Residential

Singapore’s Richest Property Family Warns of Cooling Measures

25 May 2021
The Singapore government may step in to introduce property curbs if home prices keep rising, according to the city-state’s richest property family, marking the
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BTO projects expected ‘to be delayed’ by a year or more due to tightened COVID-19 border measures

11 May 2021
Many Build-to-Order (BTO) housing projects are expected to be delayed by a year or more, as a result of tighter border measures affecting the construction
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CDL-MCL Land tie-up makes top bid of $445.9m for Farrer Park residential site

27 April 2021
The top bid of $1,129 per sq ft per plot ratio (ppr) is at the upper end of analysts’ estimates. It is also higher
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All BTO flats in Kallang/Whampoa, Bidadari and assisted living flats oversubscribed one day after launch

5 February 2021
All Build-To-Order (BTO) flats in the mature estates of Kallang/Whampoa and Toa Payoh (Bidadari) have been oversubscribed just one day into their one-week launch
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Talk of more private property cooling measures

20 January 2021
This comes as Urban Redevelopment Authority flash estimates showed private home prices rose 2.1 per cent for the fourth quarter – the steepest quarterly
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HDB to launch 17,000 BTO flats in 2021

22 December 2020
About 17,000 Build-To-Order (BTO) flats will be launched in 2021, keeping the supply of new flats in line with what was launched this year,
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Commerical

More businesses taking digital plunge

5 June 2020
Singapore’s businesses are making a major push towards digitalisation this year, prompted by the coronavirus crisis. More than 3,500 businesses started transformation projects from
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Dorm operators expect changes to push up costs by at least 50%

5 June 2020
New standards for migrant worker dormitories will enhance workers’ well-being, said dormitory operators here, but will come at a cost increase of at least
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Rental waivers, wage subsidies help F&B group stay afloat

4 June 2020
It has been a year of both highs and lows for Mr Indra Kantono. Last month, cocktail bar Jigger & Pony, which he co-founded
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More help for some landlords facing cash flow issues

4 June 2020
Landlords facing cash flow constraints as a result of providing relief to tenants under the proposed Covid-19 amendment Bill will get more help with
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More rent waivers, help on the way for hard-hit SMEs

4 June 2020
More rent waivers are in the works for eligible small and medium-sized enterprise (SME) tenants in pandemic-hit sectors that have suffered a 35 per
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Feeding cities of the future

16 May 2020
The Covid-19 pandemic is disrupting food supply chains across the world, but in Singapore, dinner plates are still full thanks to strategic moves by
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Industrial