In a surprising turn of events, new private home sales plunged by a staggering 34.6% in December 2022, revealing a slowdown in the property market. However, there was a silver lining as HDB completed the most flats in five years, suggesting a promising outlook for public housing. Stay informed with more updates on the real estate landscape.
In a surprising turn of events, The Continuum has managed to sell more than 26% of its units, defying market expectations. However, experts warn that the new property cooling measures announced by the government may not necessarily reduce overall property prices. As the real estate sector grapples with uncertainty, only time will tell how these measures will impact the market. Stay tuned for further updates.
Despite the recent hike in Buyer’s Stamp Duty (BSD) rates, new private home sales have shown an unexpected increase. In addition, the government has initiated a pilot program for singles, introducing shared room facilities. These developments reflect the efforts to address the housing needs of Singaporeans amidst changing market dynamics.
In a measured assessment of the February 2023 BTO application rate, it has been reported that demand has exceeded expectations. Meanwhile, The Marq apartment has made headlines by setting a new record with a staggering monthly rent of $100,000. These developments shed light on the current state of the real estate market, raising concerns about affordability and accessibility.
In a promising upturn, new private home sales experienced a sizable 13.6% surge in March 2023. Introducing The Continuum, the highly anticipated development is now available for preview, showcasing its opulent offerings. With prices commencing at $1.4 million, this premier residential project is set to redefine luxury living. Stay informed with this enticing news update.