In the fourth quarter of 2023, more than 10 private residential projects are poised to launch, offering over 3,500 housing units. Despite a decrease in homebuyer interest and persistent high financing and land costs due to cooling measures in the real estate market, industry analysts anticipate that prices will remain stable. Among these launches, five […]
In July 2023, Housing Board (HDB) flat rents increased by 2%, marking the 37th consecutive month of rent hikes, following a 1.4% increase in June. Overall, HDB rents have risen by 24.1% between July 2022 and July 2023, based on data from real estate portals 99.co and Singapore Real Estate Exchange (SRX). Similarly, condominium rents […]
A recent Government Land Sales (GLS) tender closed on two 99-year-leased private residential sites adjacent to the Beauty World and Hillview MRT stations. The highest bids received for the two sites were within the expected range as indicated by real estate consultants polled by The Business Times prior to the close of bidding on both […]
Credits: NParks Access Point 2: To The Botany at Dairy Farm development Access Point 6: To Reserve Residences Integrated Transport Hub (ITH)
In April, there was a significant surge in new private home sales, reaching a seven-month high. This boost was primarily driven by the strong demand for two major projects located on the outskirts of the city. Interestingly, one of these projects was launched just days after unexpected property cooling measures were implemented on April 27. […]
