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Auctioning your property can be easier now with these amazing tips

The auction market is bracing itself for a busy 2022 as more buyers and sellers engage the auction process to transact properties. While there is still a widespread misconception that the auction market are usually distressed sales, nowadays we are seeing different types of property sales at the auctions. These include owners’ sales, sheriff’s sales, developer sales and even MCST (Management...

Sky Eden at Bedok

Sky Eden at Bedok Sky Eden takes centre-stage in the mature estate of Bedok Central, a mere 3-min walk away from the MRT station and bus interchange. Seamlessly tapping into an established network of amenities including markets, hawker centres and connectivity nodes.It is well connected to green nodes with 8-min cycle to East Coast Park via the Play Corridor, and less than 15-min...

Bulk purchases of Singapore luxury properties by individual foreigners on the rise

Bulk purchases of residential private properties in Singapore are on the rise. While most deals remain discreet, some are making the news in recent months. Earlier in June 2022, a Chinese national is said to have bought 20 units at CanningHill Piers, a condominium along the Singapore River, for more than S$85 million.. The purchaser, who is from the Chinese province of Fujian, is also rumoured to be...

Residential property rentals anticipated to stay high this year following uptick in June

Singapore private condominium and pubic housing (HDB) rental costs increased by 2.1% and 2.3%, respectively, from the prior month in June 2022, continuing their increasing trend. The most recent flash numbers from SRX Property and 99.co, released on 14 July, show that condo rentals have increased for 18 straight months while HDB rents have increased for 24 consecutive months. The rental rates for...

Midtown Modern debuts “Sky-Bungalows” priced between S$15.5 million and S$17 million apiece

Developer GuocoLand has introduced a collection of 6 expansive, double-story houses at Midtown Modern condominium in Bugis priced between S$15.5 million and S$17 million each, or between S$4,287 and S$4,701 per square foot (psf). Known as the "Midtown Modern Sky-Bungalow Collection", the units were built by stacking together 4-bedroom premium apartments, an option the developer had presented at the...

Minimum occupation period criteria for SERS replacement flats

Buyers of replacement HDB flats under the Selective En bloc Redevelopment Scheme (SERS) would no longer be allowed to resell their homes until five years after receiving the keys. Owners of Sers replacement apartments are now subject to the same five-year MOP requirements as those who purchase a flat from the HDB or the secondary market due to changes in the minimum occupation period (MOP)...

List of brand new homes ready for occupation in 2022

Looking for a property directly from the developer for your own stay or immediate rental returns? Below is a list of new launches in Core Central Region (CCR), Rest of Central Region (RCR) and the Outside Central Region (OCR) that has completed or are scheduled to complete in year 2022. Core Central Region (CCR) The Hyde The Hyde is perfectly situated on Balmoral Road, in front of Goodwood...

URA considering proposals including a heritage district for the future Paya Lebar Air Base site

When the Paya Lebar Air Base is relocated in the 2030s, the current site might be turned into a heritage district, with existing infrastructure including the control tower, hangars, and old passenger terminal buildings preserved. The Singapore Institute of Architects (SIA) and the Singapore Institute of Planners (SIP) were hired by the Urban Redevelopment Authority (URA) to come up with suggestions for...

Tips to sell your property for a higher price

Selling a property can be a challenge for old and new sellers alike. It is arguably one of the most significant financial transactions you will ever have to make. The amount of money you walk away with depends on your preparation for the house and your negotiation strategy with potential buyers. Most first time sellers make the mistake of thinking a lot of inquiries about their home equals a lot of...

Over 4,500 HDB BTO units including prime model projects in Bukit Merah and Queenstown to be launched

On Friday (May 27), a total of 4,583 Build To Order (BTO) flats were launched across five estates, including two developments in Bukit Merah and Queenstown under the Prime Location Public Housing (PLH) model. The other projects are in Toa Payoh, Jurong West, and Yishun, according to a press statement from the Housing and Development Board (HDB). The Sale of Balance Units (SBF) scheme offered an...

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