A executive condominium site in Yishun has been released for sale by public tender, in what analysts noted is the first such sale in the area in about six years. The 99-year leasehold site is located at Yishun Avenue 9 and can potentially yield about 600 homes, said the Housing and Development Board (HDB) in a press release on Thursday (Apr 30). The 21,514 sq m site has a maximum permissible gross...

Three shophouses in Bugis and the central business district have been put on the market, sole marketing agent PropNex announced on Wednesday. On 534 North Bridge Road is a corner shophouse with a guide price starting from S$10 million, while the 60 South Bridge Road property's guide price is at least S$7 million. Both have been launched for sale by tender. Meanwhile, the shophouse on 96 Amoy Street...

Sales of new private homes in Singapore plunged in the first quarter of the year along with a dip in prices, amid disruption from the COVID-19 pandemic, data showed on Friday (Apr 24). Expectations are that the private property market will deteriorate even further, as the "circuit breaker" measures take hold. Developers sold 2,149 homes (excluding executive condominiums) in the first three months of...

Fewer Housing and Development Board (HDB) flats were sold in the resale market in the first quarter of this year amid the COVID-19 outbreak, official figures released on Friday (Apr 24) showed. A total of 5,893 flats were sold in the January to March period, a decline of 7 per cent from the 6,339 flats sold in the fourth quarter of last year. However, when compared on a year-on-year basis, the number...

Sales of new private homes fell in March due to disruption from the COVID-19 pandemic, as developers refrained from launching new projects and potential foreign buyers were not able to visit Singapore to view the properties. Developers sold 660 homes – excluding executive condominiums – last month, 32.4 per cent lower than the 976 units sold in February, data from the Urban Redevelopment Authority...

Private home prices in Singapore in the first quarter fell 1.2 per cent from the previous quarter amid the COVID-19 outbreak, according to flash estimates released by the Urban Redevelopment Authority (URA) on Wednesday (Apr 1). This reverses the 0.5 per cent increase seen in the October to December period, and is also the first quarterly decline after three consecutive quarterly increases. The...

Resale prices in the public housing market held steady in the first quarter of 2020 amid the COVID-19 outbreak, a contrast to the decline in the private property sector. The resale price index was 131.5, unchanged from the fourth quarter of last year, according to flash estimates released by the Housing & Development Board (HDB) on Wednesday (Apr 1). This compares with two consecutive quarters of...

Sales of new private homes rose in February despite the COVID-19 outbreak. Developers sold 975 homes – excluding executive condominiums – last month, 57.3 per cent higher than the 620 units sold in the preceding month, data from the Urban Redevelopment Authority (URA) showed on Monday (Mar 16). This was also 114.3 per cent more than the 455 units sold over the same period last year, making it the...

Rents and volumes of non-landed private homes and HDB flats rose in the month of February, according to flash estimates from real estate portal SRX Property. Condominium rents rose 0.1 per cent from January and are up 3.3 per cent year-on-year. Month-on-month, rents in the core central region (CCR) rose 0.9 per cent, rest of central region (RCR) rents decreased 0.4 per cent and rents from the outside...

Public housing will become more affordable and easier to apply for, with new housing support announced by National Development Minister Lawrence Wong on Wednesday (Mar 4). Speaking during his Committee of Supply speech, Mr Wong also said that the Housing & Development Board (HDB) will scrap the standalone Re-Offer of Balance Flats (ROF) exercise, with immediate effect. Instead, unselected Sales of...