Singapore Property – Top 5 News Stories This Week #2

Here’s issue #2 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru).

Have a good weekend!

1. Property auction sales plummet in Q1

 

The property auction market has registered a sharp drop in the total number of transactions and sales in the first quarter, winding up a total of 17 deals worth S$27.9 million, according to new data released by Colliers International. Read more

 

2. Singapore’s mass market property prices hit record high

 

Singapore’s resale capital values rose in the first quarter of the year, although more upward pressure was seen outside the prime districts in the Central and East Coast areas, according to preliminary estimates released by Jones Lang LaSalle (JLL). Read more

3. HDB households to get utility rebates next month

Housing Development Board (HDB) households can expect smaller bills next month when the government offers rebates for utility, service and conservancy charges. Read more

4. Singapore’s housing issues may not affect upcoming election

 

Singapore’s housing market has been considered a major issue in the country’s upcoming election but a survey reveals otherwise. Read more

5. Soaring property prices a negative sign for ruling party

 

With the upcoming general election in Singapore, increasing property prices pose an economic and political risk that could erode citizens’ support of the country’s ruling party. Read more

Read More News at Propertyguru

Leave a Reply

Your email address will not be published. Required fields are marked *