Eric Luah PropNex

08/05/2026

Buyers of new executive condominiums (ECs) will soon have to live in their homes for 10 years, up from 5 years, before they can sell them.

Here are the other changes to the EC scheme, which will kick in from May 8. https://str.sg/iJ2Cq

17/04/2026

While inequality data has revived calls for wealth taxes, the government remains focused on immobile assets Read more at The Business Times.

08/03/2026

Real estate agencies say the robust sales reflect sustained demand for developments in the CCR Read more at The Business Times.

16/01/2026

The temporary increase in rental occupancy caps for HDB flats and private properties has been extended to 2028, providing relief to tenants. Read more at straitstimes.com. Read more at straitstimes.com.

23/11/2024

As a rule i only recommend preferred partner reno firms i trust

They are not the cheapest but I trust they will finish the projects and their quality is good. 🙂

The four-bedroom home has been in a wrecked state since July. Read more at straitstimes.com.

22/11/2024

An entity understood to be linked to the family of the controlling shareholders of the Haidilao hotpot chain empire is said to be the new owner of 21 Collyer Quay, which was sold earlier this month for S$688 million. Read more at The Business Times.

08/05/2024

https://www.businesstimes.com.sg/property/government-probes-misleading-and-unrealistic-resale-listings-s-2-million-hdb-flats

The statement said: “The ‘jumbo flat’ listed is actually two adjacent five-room flats, which are not eligible to be converted into and sold as a single unit.

“Furthermore, the listing price for the ‘jumbo flat’ is well above the recent transacted prices in the precinct.”

In the last six months, five-room flats in the Sengkang precinct have transacted for around S$580,000. “The S$2 million listing price is therefore more than S$800,000 above the combined value of the two five-room flats,” they said.

CEA has since brought the “misleading advertisement” to the attention of the agent’s property agency, and is looking into the matter. “(The agency) will take firm action if any breaches are established.”

The authorities, noting also in their statement that the S$2 million listing price for the flat in Toa Payoh was nearly S$500,000 higher than the highest transacted price in the area, said: “Many property market experts are of the view that this is an unrealistic asking price, even for a DBSS flat with attractive attributes.”

“Currently, there is no Intent to Sell registered with HDB for this particular flat, which means that the potential seller/s of this flat are not able to grant any Option to Purchase at this stage.”

The current listed prices of both flats also come with significant cash-over-valuation, which is the sum to be paid upfront in cash, the authorities noted. “While resale transactions are on a ‘willing buyer-willing seller’ basis, prospective buyers are strongly advised to evaluate their finances and housing options carefully, and be rational and prudent in their decision, especially in the current economic and geopolitical climate.”

THE Council of Estate Agencies (CEA), a body under the Ministry of National Development (MND), is investigating the recent resale listings for two HDB flats for being “misleading” and “unrealistic” in their asking prices of S$2 million. Read more at The Business Times.

21/01/2024

26/09/2021

The plot is worth between $2.66 billion and $4.5 billion, estimates Alan Cheong of Savills in Singapore

04/01/2021

https://www.todayonline.com/singapore/hdb-resale-prices-climb-48-2020?

SINGAPORE — Resale prices in the public housing market climbed 4.8 per cent in 2020, an increase from the 0.1 per cent rise in 2019, according to flash estimates released by the Housing and Development Board (HDB) on Monday (Jan 4).

17/02/2020

*Jan 2020 sales hit 7-year high for new homes*

- 618 homes sold, up 14.9% m-o-m
- Foreign buyer purchases up 32.3% m-o-m
- Top 5 projects in Jan: Jadescape, Treasure at Tampines, Parc Esta, Parc Botannia, Parc Clematis
- Proportion of sales by region: RCR 41.9%, OCR 36.6%, CCR 21.5%

https://www.straitstimes.com/business/foreign-buyers-new-launches-boost-january-new-home-sales-to-highest-for-month-in-7-years?

SINGAPORE - A spurt of buying by foreigners and new launches helped buoy Singapore's property market in January, with developers moving 618 private homes in January, up 14.9 per cent from 538 in the previous month.. Read more at straitstimes.com.