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 compensation for Ang Mo Kio SERS residents has been determined to be approximately 7.5% higher than initial estimates. Additionally, it has been revealed that about 3% of HDB flat owners also own at least one private property, shedding light on a lesser-known aspect of Singapore’s property landscape.
In a remarkable feat, 60% of Sceneca Residence units were swiftly snapped up on launch day, signaling strong demand for affordable housing. However, another BTO project is marred by a concerning issue of mould, prompting calls for better quality control. As Singapore grapples with housing challenges, it underscores the need for proactive measures to ensure livable and sustainable homes for all. Stay tuned for more updates on the nation’s property landscape.
In a promising update, The Reserve Residences has successfully sold 71% of its units, averaging $2,460 per square foot. The development’s popularity highlights a thriving property market. Furthermore, the highly-anticipated May 2023 BTO exercise will commence tomorrow, offering exciting prospects for aspiring homeowners. Stay tuned for the latest updates on Singapore’s 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 the article “Pinetree Hills Preview Prices From $2,236 PSF, Kingsford Emerges As Top Bidder for Marina Gardens Lane GLS Site, and More,” we explore the caution exhibited by developers amid increased risks in the latest land tender results [(https://www.businesstimes.com.sg/property/latest-land-tender-results-show-caution-among-developers-big-sites-amid-heightened-risks)]. Kingsford secured the Marina Gardens Lane site with their top bid of S$1.03b, while Pinetree Hills offers a sneak peek at prices starting from $2,236 per square foot. Stay informed about these developments and more.
In a frenzy of excitement, all Serangoon May 2023 BTO flats were quickly sold out, leaving aspiring homeowners eagerly awaiting the next launch. Meanwhile, Grange 1866’s much-anticipated preview event is scheduled for 17 June 2023, attracting prospective buyers searching for their dream abode. Stay tuned for more updates on Singapore’s real estate market.