SG Property Planner

23/06/2020

Based on URA data, private home prices rose a second consecutive quarter in Q3 2019 by 1.3%, after 2.0% in Q2. This increase is mostly driven by newly launched projects, which buyers have been lately observed to gravitate towards at the expense of resale property according to the latest PropertyGuru quarterly report.

Savills recommended that the current private residential market be left “unperturbed” despite the rising prices and economic conditions.

16/06/2020

Singapore’s luxury home segment defied the odds of the current market uncertainties, with sales of non-landed luxury homes surging 72% year-on-year to 965 units in the first quarter of 2020,

OrangeTee & Tie attributed the stellar sales to the new sale segment where 554 new luxury condominiums were sold in Q1 2020.

09/06/2020

Property investment sales in Singapore is projected to grow 5% per year in the longer term over 2019 to 2024 even as this year’s sales is expected to drop 24% year-on-year, revealed a Colliers International report.

02/06/2020

Despite the uneven new home sales performance across different projects and segments, Real Estate Developers’ Association of Singapore (Redas) president Chia Ngiang Hong expects the private residential market to remain stable in line with economic fundamentals, reported The Business Times.

Prices of new homes are not expected to change much.

26/05/2020

New condominium sales grew 49.2% quarter-on-quarter (QoQ) or 16.9% year-on-year (YoY) to 3,198 units, compared to 2,736 units in Q3 2018, reported Singapore Business Review citing a Edmund Tie report.

Despite a dip in new project launches, more units put up for sale compared to Q3 2018.

19/05/2020

Following the Circuit Breaker Period (BCP) implemented due to the COVID-19 pandemic, Singaporeans have been strongly urged to remain in our homes to curb further outbreaks. Since then, real estate agents have been experiencing a sharp decline in inquiry calls and requests for property viewing, whether for purchase or rent.

Following the Circuit Breaker Period (BCP) implemented due to the COVID-19 pandemic, Singaporeans have been strongly urged to remain in our homes to curb further outbreaks. Since then, real estate agents have been experiencing a sharp decline in inquiry calls and requests for property viewing,...

12/05/2020

The type of deals that do not require physical meetings or property viewings – both of which have been disallowed during this "circuit breaker" period – tends to be of old, landed properties where the owner intends to tear down and rebuild the existing structure.

The type of deals that can be done without the buyer visiting the property? An old house to be torn down and redeveloped.

12/05/2020

Married Singaporean couples who bought or plan to buy a second home over the next few weeks will now have more time to sell their first property and claim back their Additional Buyer’s Stamp Duty (ABSD).

Married Singaporean couples who bought or plan to buy a second home over the next few weeks will now have more time to sell their first property ...

12/05/2020

As Asia’s rich contemplate where to place their nest eggs, most have overwhelmingly chosen Singapore over rival international financial centre Hong Kong so far this year, according to the region’s largest wealth manager.

As Asia’s rich contemplate where to place their nest eggs, most have overwhelmingly chosen Singapore over rival international financial centre Hong Kong so far this year, according to the region’s largest wealth manager.High-net-worth individuals have mainly instructed their private bankers at U...