Holland Village Singapore

01/03/2022

The Ministry of National Development MND) has announced the latest revision of the development charge (DC) rates following its biannual review. The latest DC rates will cover the six-month period from March 1 to August 31 this year.
The average DC rate for landed residential increased 4.8%. In contrast, the previous six-month period saw the DC rate for this segment increase by 3.6%.

The moderate increase in the non-landed residential DC rates is due to the moderating impact of the Dec 2021 property cooling measures.

14/01/2022

A single-storey Good Class Bungalow (GCB) along Stevens Road is on the market for $37 million. It sits on a 11,047 sq ft corner plot and the asking price translates to about $3,350 psf on the land area.

The GCB is at the entrance to a cul-de-sac and the road is shared with only two other GCBs. The existing house comprises four bedrooms and has a total built-up area of about 3,000 sq ft. The property is marketed by Micah Lim, senior associate director at JKL Consultants.

04/01/2022

SINGAPORE (EDGEPROP) - The private residential market saw a surge in home prices last quarter, jumping 5% q-o-q according to the latest flash estimate of the price index by the Urban Redevelopment Authority.
Read also: Opulent living at The Carrara, a prestigious development by Sevens Group at Mountbatten Road

The successful launch of Canninghill Piers was a major contributor to the robust price increase in the RCR last quarter.

01/11/2021

The decision to exclude singles from the group of buyers allowed to purchase flats under the latest prime location public housing (PLH) model is not “a step backward”, reported Channel News Asia (CNA) citing National Development Minister Desmond Lee.
Instead, the Government want first to assess the model’s impact and gain experience with it, making adjustments along the way, said Lee at the Singapore Economic Policy Forum on 29 October.

For now, the current restrictions on PLH flats are meant to prioritise larger households that might require more space, with adjustments to be made after the impact of the measures are assessed.

22/10/2021

SINGAPORE: Private home prices in Singapore rose 1.1 per cent in the third quarter, slightly above flash estimates released earlier this month.
The private residential property price index increased to 165.3 points in the third quarter, up from 163.5 points in the second quarter, according to real estate statistics released by the Urban Redevelopment Authority (URA) on Friday (Oct 22).

SINGAPORE: Private home prices in Singapore rose 1.1 per cent in the third quarter, slightly above flash estimates released earlier this month. The private residential property pri

04/10/2021

When the Ministry of Education (MOE) announced changes to the home-school distance (HSD) rule in early September 2021, there’s a general assumption that parent-hopefuls would scramble to secure apartments near their favoured schools. If you fall into this category, you might want to do some extra research first.

When the Ministry of Education (MOE) announced changes to the home-school distance (HSD) rule in early September 2021, there's a general assumption that parent-hopefuls would scramble to secure apartments near their favoured schools. If you fall into this category, you might want to do some extra re...

03/09/2021

A portfolio of nine villas at Oei Tiong Ham Park Residences in District 10 has been put up for sale with a guide price of $2,500 per sq ft (psf), revealed exclusive marketing agent CBRE.
Located at 29 Oei Tiong Ham Park within one of Singapore’s 39 designated Good Class Bungalow (GCB) Areas, the freehold villas have an area of between 3,401 sq ft and 5,888 sq ft. Each unit features 4- to 5-bedrooms, a private lift, two parking lots, a private garden, a pool as well as premium-branded fixtures and fittings at the bathrooms and kitchens.

CBRE noted that the villas are being sold individually or collectively.

03/08/2021

The total sales volume for prime non-landed residential properties in H1 2021 amounted to S$2 billion, the highest since H2 2010 where sales within the luxury market segment totalled around S$2.4 billion. Rebounding from the pandemic-led recession last year, sales activity in H1 2021 was double the amount of S$1 billion registered in the later half of 2020, and surpassed the S$1.7 billion transacted in the whole of 2020.

According to a Knight Frank report, wealth generated in or imported into Singapore is driving demand for both non-landed and landed luxury homes.

27/07/2021

For many Singaporeans, renting isn’t an option. We can’t bear to spend a good fraction of our monthly salaries on paying rent. So most of us tend to live with our folks till we get married and move out (or amass enough savings to buy our own property).
But here’s the thing. While the rental market has been pretty robust since the end of Circuit Breaker last year, it isn’t necessarily expensive to rent in Singapore. Rents have generally been decreasing (albeit the slight increase for non-landed properties in 2019) over the past few years, and have only started going up over the past year.

Rents may have increased over the past year. But as it turns out, it actually isn’t all that expensive renting an apartment in Singapore.

01/07/2021

SINGAPORE: Singapore's private home prices rose 0.9 per cent in the second quarter from the previous three months, flash estimates released by the Urban Redevelopment Authority (URA) showed on Thursday (Jul 1).
The increase slowed from the two-and-a-half-year high pace in the first quarter, when prices rose by 3.3 per cent. However, it still marked the fifth consecutive quarterly rise, and came despite Singapore reimposing some COVID-19 curbs to combat a spike in community infections in mid-May.

SINGAPORE: Singapore's private home prices rose 0.9 per cent in the second quarter from the previous three months, flash estimates released by the ...

26/06/2021

The Singapore private property market is on an uptrend, to the point where even new cooling measures are being considered. Despite all that, even in this supposedly strong seller’s market, some new launches are struggling. We recently talked about a possible oversupply in a prime area like Holland V when we compared between the 7 new launches in the area.

With the recent price cuts from 2 new launch Holland V condos, here's a comparison and details that you should take note of.

11/06/2021

These days, you can’t walk more than 10 minutes around Holland Village without seeing a new condo for sale. It probably isn’t a surprise to anyone too, given that there were a ton of en bloc deals happening in this neck of the woods in the 2017 en bloc rush.
And so, this has been one of the most saturated areas for new launches; and the 7 new launch projects today are contending with many resale options to boot. The good news is, the abundant supply could mean good deals for buyers. Here’s what to consider when picking among the slew of new launch options:

For those looking at the Holland area and can't quite decide, here's a detailed comparison between all 7 new launch condos.