The Living Room SG

The Living Room SG 𝟏𝟖 𝐘𝐞𝐚𝐫𝐬 𝐈𝐧 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞...



1500 clients served. A living room is usually the heart of a home.

It is where the things we hold dear happen – where we spend quality time with our loved ones, where we embrace a new family member, and where we welcome the people we care about. It is where we see smiles, tears, unruly ruckus, and even silence and sorrow. When we started this brand, we wanted it to be more than just a real estate team. We want to build relationships, make your sourcing process ea

sier, and help you find the perfect place to call home. At The Living Room, we invite you to be part of our lively family and enjoy a ride you'll always remember with us!

09/09/2024

This is a mind-blowing deal! 😱
We're talking about selling at the highest price till date. ✨ 💰

A HDB flat in Bishan was sold for $1.568 million ($1,214 psf), setting a new record as the most expensive HDB unit ever ...
23/07/2024

A HDB flat in Bishan was sold for $1.568 million ($1,214 psf), setting a new record as the most expensive HDB unit ever in Bishan and the fourth highest-priced HDB flat on record.

In the first half of 2024, non-permanent resident foreigners made a total of 64 residential property purchases in Singap...
22/07/2024

In the first half of 2024, non-permanent resident foreigners made a total of 64 residential property purchases in Singapore's Core Central Region (CCR).

The number of foreign purchases of non-landed homes, combining both new and resale properties, increased from 21 in 1Q2024 to 43 in 2Q2024. According to PropNex Research, US buyers accounted for 56% of these transactions (36 purchases).

Transactions by US buyers in the CCR have been on the rise since 2019, reaching 130 in 2022, surpassing purchases by Chinese buyers, which totaled 114 units. Ismail Gafoor, CEO of PropNex, attributes this increase to the preferential stamp duty treatment that US citizens receive under the Free Trade Agreement with Singapore.

Similar benefits are also extended to nationals of Iceland, Liechtenstein, Norway, and Switzerland.

Private residential property prices increased by 1.1% in 2Q2024, slightly down from the 1.4% rise in 1Q2024, according t...
21/07/2024

Private residential property prices increased by 1.1% in 2Q2024, slightly down from the 1.4% rise in 1Q2024, according to URA flash estimates. Non-landed property prices saw a 0.9% growth, compared to a 1% increase in 1Q2024.

The private housing market recorded 4,215 sales transactions in 2Q2024, nearly matching the 4,230 transactions in the first quarter of the year.

Lee Sze Teck, senior director of data analytics at Huttons Asia, anticipates up to 16 new projects ready to launch in 2H2024, adding a total of 7,571 new units to the market.

If current market conditions continue, Lee predicts that developers may sell up to 6,500 new homes this year, with overall prices potentially increasing by up to 4%.

Read the regional analysis from industry experts and explore the potential upcoming projects in the second half of 2024.

HDB resale flat prices rose for the 17th consecutive quarter in 2Q2024, increasing by 2.1% quarter-on-quarter, according...
20/07/2024

HDB resale flat prices rose for the 17th consecutive quarter in 2Q2024, increasing by 2.1% quarter-on-quarter, according to HDB’s July 1 flash estimates. This marks the fastest growth since 4Q2022 and follows a 1.8% rise in 1Q2024.

The surge in demand is attributed to fewer BTO launches, limited SBF exercises, and increased housing grants, making resale flats more accessible, especially for young couples.

Additionally, more private homeowners are returning to the resale market after a 15-month wait-out period. Year-to-date, prices have grown by 4%, surpassing the 2.5% growth in 1H2023 but slower than the 5.3% in 1H2022.

Find out the resale market predictions for the rest of the year.

The first lockdown in Singapore due to COVID-19 began in April 2020, prompting widespread adoption of work-from-home (WF...
19/07/2024

The first lockdown in Singapore due to COVID-19 began in April 2020, prompting widespread adoption of work-from-home (WFH) arrangements.

Contrary to the assumption that there is a preference for larger condo units post-pandemic, our examination of URA resale caveats from 2016 to the present shows a decline in average unit sizes. Currently averaging 1,123 sq ft, down from 1,223 sq ft in 2020, this challenges the notion. Smaller units, particularly those below 500 sq ft, are gaining popularity among buyers, reflecting an increase in one-person households. However, households are balancing space needs with affordability, as resale condo prices have outpaced income and GDP growth.

In the past year, median household income from work increased by 2.8% year-on-year to $10,869 per month, while Singapore's GDP grew by 1.1% year-on-year and is projected to rise by 1% to 3% this year.

Meanwhile, the average price of resale condo units ranging from 501 to 1,000 sq ft increased by 9.5% year-on-year, outpacing the 6.8% increase observed for units measuring 1,001 to 2,000 sq ft.

Records Are Tumbling In The Million-Dollar HDB Resale Flats Segment In June, With All-Time High Monthly Sales And New Re...
17/07/2024

Records Are Tumbling In The Million-Dollar HDB Resale Flats Segment In June, With All-Time High Monthly Sales And New Record Price.

Read: https://shorturl.at/5FPyL

BTO White Apartments: Yay Or Nay?
14/07/2024

BTO White Apartments: Yay Or Nay?

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