Singapore Property News This Week #136

Residential Minister Khaw: public housing policies must match social objectives In a blog post, National Development Minister Khaw Boon Wan said that 10,000 couples would benefit from the Parenthood Priority Scheme in the coming January, and that housing policies must be guided by social objectives including encouraging the young to get married and couples to…

Singapore Property News This Week #122

Residential TDSR continues to affect August developer sales Despite a recovery last month, new private home sales were suppressed in August by the double influence of the TDSR framework and the Hungry Ghost month. According to the data of the Urban Redevelopment Authority (URA), there were 742 private homes transacted in August, not including the…

4 Impacts of the MAS Measures on Mass Market Buyers

By Gerald Tay (Guest Contributor) After seven cooling measures and now another “shadow” one again, I think many of us are already immune by now, “Another one again! When’s the next one?” From my previous writings, I’ve mentioned we do not need a rocket scientist brain to comprehend how hot we are in the property…

Singapore Property Weekly Issue 111 now out

In this week’s issue: 4 Impacts of the MAS Measures on Mass Market Buyers Property Selling Tip #4: Seller Stamp Duty Singapore Property News This Week Resale Property Transactions (June 20 – June 25) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 111 by Propwise.sg

Singapore Property News This Week #88

Residential More developers offer discounts in light of ABSD Far East Organisation is offering additional discounts of up to 4% on projects such as The Seawind at Telok Kurau, SeaHill at West Coast Link and euHabitat at Jalan Eunos; CapitaLand is said to have increased its discounts to 10-15% at 1,715-unit d’Leedon, a luxury condominium…

How Does the 1H13 GLS Programme Impact Property Supply?

By Mr. Propwise On 14 December 2012 the Ministry of National Development (MND) announced the Government Land Sales (GLS) Programme for the first half of 2013. A total of 23 residential, two commercial, four hotel, and three mixed-use sites were announced. These sites could potentially yield a total of about 14,000 private residential units (6,900…

Sayonara Shoeboxes?

By Mr. Propwise On September 4th, 2012 the URA announced new guidelines that will effectively curb the future development of shoebox units, typically units smaller than 500 square feet, in suburban areas. Effective November 4th, 2012, the total number of homes that can be built for non-landed private residential developments outside the Central Area will…

Singapore Property News This Week #61

Residential H1 2012 sales are higher than H1 2011’s despite fall in June Developers sold a total of 1,371 units, excluding ECs, in June, a 19.5% fall from May’s figures but a 16% increase from June 2011. Despite this, the total for H1 2012 is 12,098 units, up from H1 2011’s 8,039 units and nearly…

Singapore Property News This Week #52

Residential Indications of cooling property market After five rounds of cooling measures to discourage speculative demand and the increase in housing supply as part of the measures to cool the property market, results can be seen in the slight decrease in private home prices in Q1 2012, the fall in the proportion of sub-sales (an…